SACRAMENTO, Calif., April 29, 2014 (GLOBE NEWSWIRE) -- Intelligent Highway Solutions, Inc. (OTCQB:IHSI) today announced it has retooled one of its current product offerings to address a potentially large market opportunity. This new business opportunity will exploit what some market professionals believe will be one of the fastest growing industries over the next 10 years.
Intelligent Highways also announced that its Form 10K will be filed in approximately 1 week.
Devon Jones, Chief Executive Officer of Intelligent Highway Solutions commented, "We would like to inform all of our shareholders that we are working tirelessly on our Form 10K and expect to have it filed shortly."
Mr. Jones also added, "We are excited about this new business opportunity. Details will be announced in the near future."
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 State's transportation infrastructure. The Company's plans include to expand to provide products and services like lighting and cutting edge wireless technologies, 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. Only statements from the Company website, filings at sec.gov, and press releases are those of the Company.