Image Sensing Systems, Inc. Expands Agreement with Econolite Control Products, Inc, Strengthens Partnership

Core Insights - Image Sensing Systems, Inc. (ISNS) has executed an Eighth Modification to its Manufacturing, Distribution, and Technology License Agreement with Econolite Control Products, Inc., adding the Autoscope® OptiVu product to the licensed portfolio under the existing revenue-sharing structure [1] - Both companies reaffirmed their commitment to explore new technical initiatives, focusing on advancing innovation in traffic management solutions [2] - The partnership aims to enhance technology solutions that benefit transportation agencies and the communities they serve [2] Company Overview - Autoscope Technologies Corporation is dedicated to improving safety and efficiency for cities and highways through above-ground detection technology and solutions [3] - The company provides Intelligent Transportation Systems (ITS) professionals with precise information, real-time reaction capabilities, and in-depth analytics for better decision-making [3]