ISS appoints Andrew Markese as vice president of global sales

Cubic has appointed Dan Hedstrom vice and president and chief information officer (CIO), where he will lead the company’s global IT team. Hedstrom will manage Cubic’s information security and platform services as well as business support. He will report Bradley Feldmann, chairman, president and chief executive officer. Hedstrom was previously vice president of system solutions and services for the Cubic Transportation Systems, where he oversaw the business division’s commercial IT team in North America,

Image Sensing Systems (ISS) has announced the appointment of Geoffrey Davis has been appointed to its Board of Directors. Fisher replaces Melissa Fisher who has resigned as a director for personal reasons. Davis is a principal at Republic Consulting. From 2005 to 2012, he served as a US Congressman from the Commonwealth of Kentucky and represented the Fourth District in the United States House of Representatives. Prior to serving in Congress, Davis owned and operated a consulting firm specialising in le

Image Sensing Systems (ISS) has announced revenue of US$7.9 million for the first half of 2016, a four per cent increase from revenue of US $7.6 million in the first half of 2015. Product sales increased to US$3.9 million in the first half of 2016, a 31 per cent increase from $3.0 million in the first half of 2015. The first six-months of revenue for 2016 included Autoscope video product sales and royalties of US$621,000 and US$4.0 million, respectively, and RTMS radar product sales of US$3.3 million. Pr

Image Sensing Systems (ISS) has appointed Andrew T. Berger as executive chairman of the Board of Directors. In this capacity Berger will have all the duties of the Chairman and, in addition, his duties will include leading the company’s officers and management in the day-to-day operations of the company. Berger is the managing member of AB Value Management, which serves as the General Partner of AB Value Partners. He has nearly two decades of experience in investment analysis, investment management and

Image Sensing Systems (ISS) has announced profitable results for its first quarter ended 31 March 2017, the first since 2010. First quarter revenue was US$3.1 million, compared to US$3.2 million in the first quarter of 2016, while gross margin from operations for the first quarter of 2017 was 79 per cent, a seven percentage point increase from a gross margin of 72 percent for the same period in 2016. The increase in the gross margin percent was the result of higher percentage of revenue from royalties and