SAINT PAUL, Minn., July 21, 2021 (GLOBE NEWSWIRE) -- Autoscope Technologies Corporation (NASDAQ:AATC), announced that it has completed its previously announced holding company reorganization creating a newly-formed public company named "Autoscope Technologies Corporation". Autoscope Technologies Corporation ("Autoscope") replaces Image Sensing Systems, Inc. as the public company and is trading on Nasdaq Stock Market under the ticker symbol "AATC".  All outstanding shares of Image Sensing Systems, Inc. have been automatically converted on a one-for-one basis into shares of common stock in Autoscope, and Image Sensing Systems, Inc. now operates as a wholly-owned subsidiary of Autoscope.  

ST. PAUL, Minn., July 08, 2021 (GLOBE NEWSWIRE) -- Image Sensing Systems, Inc.(NASDAQ:ISNS), the industry-leading developer of Intelligent Transportation Systems (ITS) above-ground detection technology, today announces the release of their next generation Wrong Way Alerting Solution that includes Alert Trust™, a service which delivers an unparalleled level of efficiency through alert accuracy. Every wrong way driving event starts with a mistake that can result in a severe or fatal accident. How these events are resolved no longer need to be left up to chance. The Wrong Way Alerting Solution goes beyond traditional detection of the wrong way driver and provides transportation agencies wi

SAINT PAUL, Minn., June 17, 2021 (GLOBE NEWSWIRE) -- Image Sensing Systems, Inc. ("ISS") (NASDAQ:ISNS) today announced that Brian J. VanDerBosch has been recently appointed to its Board of Directors. Mr. VanDerBosch has been an independent advisor to the Board of Directors since November 2017. Mr. VanDerBosch has been Executive Vice President of Proprietors Capital Holdings, LLC, an angel investing fund since October 2019. He was Chief Financial Officer and Chief Operating Officer of Global Traffic Technologies, LLC, a developer and manufacturer of traffic signal priority control and traffic detection systems. He served in these capacities under private equity ownership from January 2008

ST. PAUL, Minn., May 05, 2021 (GLOBE NEWSWIRE) -- Image Sensing Systems, Inc. (NASDAQ:ISNS) announced today that Chris Larsen has been appointed as the company's Vice President of Engineering.  Mr. Larsen will report to Chad Stelzig, company President and CEO. Mr. Larsen has most recently served as Principal Systems Engineer within the Aerospace Advanced Technology group at Honeywell International Incorporated.  Prior to Honeywell, Mr. Larsen has held various positions to include Vice President of Engineering and Co-CTO at Prevent Biometrics Incorporated, Sr. Principal Engineering and Research positions within the Sensor and Wireless Research Laboratory and Industrial Safety at Honeywell,

SAINT PAUL, Minn., May 03, 2021 (GLOBE NEWSWIRE) -- Image Sensing Systems, Inc. (NASDAQ:ISNS) today announced results for its quarter ended March 31, 2021. First Quarter 2021 Financial Summary First quarter royalties were $1.8 million, a decrease of 14 percent from the same period in the prior year.First quarter product sales were $1.2 million, an increase of 11 percent from the same period in the prior year.Operating expenses totaled $1.9 million in the first quarter of 2021, a decrease of 34 percent from the prior year period.Capitalized software costs in the first quarter of 2021 were $123,000 compared to $22,000 in the prior year period.The Company recognized other income of $931,000

SAINT PAUL, Minn., April 29, 2021 (GLOBE NEWSWIRE) -- Image Sensing Systems, Inc. ("Image Sensing Systems") (NASDAQ:ISNS), a global company dedicated to helping improve safety and efficiency for cities and highways, today announced that its Board of Directors has approved the following actions: The initiation of a quarterly cash dividend to common shareholders of $0.12 per share of common stock on May 20, 2021 to shareholders of record at the close of business on May 10, 2021.Authorized a stock buyback program under which it may repurchase up to 200,000 shares of common stock.The implementation of a holding company reorganization.The new holding company, Autoscope Technologies Corporation

SAINT PAUL, Minn., March 11, 2021 (GLOBE NEWSWIRE) -- Image Sensing Systems, Inc. (NASDAQ: ISNS) today announced results for its fourth quarter and year ended December 31, 2020. Fourth Quarter 2020 Financial Summary Fourth quarter royalties were $1.8 million, a decrease of 8 percent from the same period in the prior year.Fourth quarter product sales were $1.1 million, a decrease of 28 percent from the same period in the prior year.Operating expenses totaled $2.3 million in the fourth quarter of 2020, a decrease of 18 percent from the prior year period.  There were no capitalized software costs in the fourth quarter of 2020 compared to $114,000 in the prior year period.Net income for the

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SAINT PAUL, Minn., May 03, 2021 (GLOBE NEWSWIRE) -- Image Sensing Systems, Inc. (NASDAQ:ISNS) today announced results for its quarter ended March 31, 2021. First Quarter 2021 Financial Summary First quarter royalties were $1.8 million, a decrease of 14 percent from the same period in the prior year.First quarter product sales were $1.2 million, an increase of 11 percent from the same period in the prior year.Operating expenses totaled $1.9 million in the first quarter of 2021, a decrease of 34 percent from the prior year period.Capitalized software costs in the first quarter of 2021 were $123,000 compared to $22,000 in the prior year period.The Company recognized other income of $931,000

SAINT PAUL, Minn., April 29, 2021 (GLOBE NEWSWIRE) -- Image Sensing Systems, Inc. ("Image Sensing Systems") (NASDAQ:ISNS), a global company dedicated to helping improve safety and efficiency for cities and highways, today announced that its Board of Directors has approved the following actions: The initiation of a quarterly cash dividend to common shareholders of $0.12 per share of common stock on May 20, 2021 to shareholders of record at the close of business on May 10, 2021.Authorized a stock buyback program under which it may repurchase up to 200,000 shares of common stock.The implementation of a holding company reorganization.The new holding company, Autoscope Technologies Corporation

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