Image Sensing Systems, Inc. (ISNS) 2016年年度报告「NASDAQ」.pdf

1、Annual Report 20162016 was a pivotal year for Image Sensing Systems(ISS)and one that will set the stage for future growth.We successfully launched our new flagship intersection product,the Autoscope Vision,as well as a new radar product,the RTMS Sx-300 BT.We have already realized an uptick on our Au

2、toscope royalty revenue and continue to see our Sx-300 radar products provide reliable service.I am excited to be part of the future evolution of our business as we capitalize on our new technology,continue to focus on operating efficiencies,and enable our talented staff to create best in class solu

3、tions for our customers.2016:Setting the stage for future growthMy belief is that our success begins and ends with the relevance of our technology.As with any technology centric business,you need to constantly monitor your competition and determine if and when an upgrade of core technology component

4、s is required.In 2014 we made the decision to launch a multi-year research and development project,the largest in the history of our company,which culminated in the Autoscope Vision product.The Autoscope Vision combines 25 years of industry knowledge with state of the art hardware and software desig

5、ns,providing an unparalleled user experience.Collaborating with our partner Econolite,we successfully launched the Vision product through a series of roadshow events where the customers could gain first-hand experience with the new product.The success of the launch was apparent in the fourth quarter

6、 as we realized significant booking results.We are excited at the rate of market adoption and believe the Vision product will serve the intersection segment for many years.2016 also marked the introduction of the RTMS Sx-300 BT which integrates our proven side-fired radar platform with a dual channe