SACRAMENTO, Calif., May 21, 2013 (GLOBE NEWSWIRE) -- Intelligent Highway Solutions, Inc. (OTCQB:IHSI) announced the release and filing of its financial results from the 1st quarter of operations for 2013. Devon Jones, CEO of Intelligent Highway Solutions, said, "The Company continues to show increase in revenues, in the 1st quarter of this year, our revenues were $621,230.00, up from $466,121 in the same period of last year."
"We are optimistic that our Company will continue to expand our operations beyond the service and maintenance sector and continue our growth in the months to come," Jones stated.
About Intelligent Highway Solutions, Inc.
Intelligent Highway Solutions, Inc. was formed in April, 2011; IHS is a technology based intelligent highway solutions contractor. The Company's primarily focus is in the California transportation market providing services that range from providing labor, materials, and related equipment for corrective service and maintenance services for the States transportation infrastructure. The Company's plans are to expand its services to provide cutting edge wireless technologies for transportation market. As well as expand our service, maintenance and technology services to neighboring states and nationwide.
Forward Looking Statements: Any statements contained herein that are not historical facts are forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended These forward-looking statements are made subject to certain risks and uncertainties, which could cause actual results to differ materially from those presented. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only to the date such information was released. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after release of this information.