IHSI Enters Smart Transport MarketJuly 11, 2013
The IO Circuit investment opinion identifies the company as a new technology provider in the intelligent transportation system market.
NEW YORK, NY /Marketwired/ -- Intelligent Highway Solutions (IHSI) provides transportation technology services that enable vehicles, roads, traffic lights, message signs, and other elements to become "intelligent" by embedding them with microchips and sensors and by empowering them to communicate with each other via wireless technologies.
Yesterday, Gene Munster, of Piper Jaffray, stated, "Reducing auto deaths and idle time in traffic add up to an over $200 billion opportunity in autonomous vehicle technology."
IHSI recently announced revenues of $621,230, an increase of approximately 33% over the same period, 2012.
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