MINNEAPOLIS, May 03, 2023 (GLOBE NEWSWIRE) -- Image Sensing Systems, Inc., a wholly-owned subsidiary of Autoscope Technologies Corporation (OTCQX: AATC), today announced that the next generation Autoscope platform is now available globally and ready to help transportation agencies around the world move traffic safely and efficiently.
The new Autoscope platform goes beyond just detection and revolutionizes how vehicles and vulnerable roadway users interact with each other and the roadway infrastructure. This platform offers the most advanced detection algorithms with Artificial Intelligence (AI) and machine learning on the market today. It allows transportation professionals to unlock enhanced traffic data, providing a new level of clarity in understanding why certain incidents happen.
“The future is now, with the new Autoscope platform,” said Rick Maus, Senior Product Manager – Autoscope. “For decades, Autoscope has been helping cities around the world move traffic, and this tradition continues today as we work passionately to push the boundaries of AI and machine learning for transportation. This generation of Autoscope is helping agencies worldwide protect all roadway users.”
Autoscope is the foundation every city requires to grow a flourishing economy, attract new residents, and secure better living through better roadways. To learn more about Autoscope, visit imagesensing.com.
About Image Sensing Systems
Image Sensing Systems, Inc. is a global company dedicated to helping improve safety and efficiency for cities and highways by developing and delivering above-ground detection technology, applications, and solutions. We give Intelligent Transportation Systems (ITS) professionals more precise and accurate information – including real-time reaction capabilities and in-depth analytics – to make more confident and proactive decisions. We are headquartered in Minneapolis, Minnesota. Visit us on the web at imagesensing.com.
Safe Harbor Statement: Statements made in this release concerning the Company’s or management’s intentions, expectations, or predictions about future results or events are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements reflect management’s current expectations or beliefs and are subject to risks and uncertainties that could cause actual results or events to vary from stated expectations, which variations could be material and adverse. Factors that could produce such a variation include but are not limited to, the following: the inherent unreliability of earnings, revenue and cash flow predictions due to numerous factors, many of which are beyond the Company’s control; developments in the demand for the Company’s products and services; relationships with the Company’s significant customers and suppliers; the mix of and margins on the products we sell; unanticipated delays, costs and expenses inherent in the development and marketing of new products and services; adverse weather conditions in our markets; the impact of governmental laws and regulations; international presence; tariffs and other trade barriers; our success in integrating any acquisitions; potential disruptions to our supply chains (including disruptions caused by geopolitical events, military actions, work stoppages, natural disasters, or international health emergencies, such as the COVID-19 pandemic); and competitive factors. Our forward-looking statements speak only as of the time made, and we assume no obligation to publicly update any such statements. Additional information concerning these and other factors that could cause actual results and events to differ materially from the Company’s current expectations are contained in the Company’s reports and other documents filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2021, filed on March 22, 2022.
Contact: | Lisa Beutler, Sr. Marketing Manager Image Sensing Systems 651.603.7700 |
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