ISS Mourns the Passing of Board Member and Former CEO Dick Magnuson
January 06 2009 - 12:09PM
PR Newswire (US)
ST. PAUL, Minn., Jan. 6 /PRNewswire-FirstCall/ -- Image Sensing
Systems, Inc. (NASDAQ:ISNS), world leading developer of Intelligent
Transportation Systems (ITS) computer enabled detection and traffic
control technology, announced today the passing of Richard (Dick)
C. Magnuson. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050512/CGISSLOGO) Mr.
Magnuson was a member of the Board of Directors since 1990, served
as President and CEO from 1991-1995, and consulted with the company
from 1988 to 1990. Panos Michalopoulos, founder of Image Sensing
Systems and fellow director, stated "Dick played a pivotal role at
ISS' early stages of product manufacturing, human resources and
management, all critical functions in getting the company off the
ground. We are grateful to him for such contributions that are so
essential at the fragile infancy of technology start up ventures."
James Murdakes, Chairman of the Board of Directors, commented,
"Dick was a visionary leader, shepherding ISS along into a viable
company. His presence will be missed." Mr. Magnuson was an active
and highly respected member of the Twin Cities business community,
most notably serving entrepreneurial companies. ISS extends
sympathies to the Magnuson family. About Image Sensing Systems,
Inc. Image Sensing Systems, Inc. is a technology company focused in
infrastructure productivity improvement through the development of
software-based detection solutions for the Intelligent
Transportation Systems (ITS) sector and adjacent overlapping
markets. ISS' industry leading computer enabled detection (CED)
products, including the Autoscope(R) machine-vision family and the
RTMS(R) radar family, combine embedded software signal processing
with sophisticated sensing technologies for use in transportation,
environmental and safety/surveillance management. CED is a group of
technologies in which software, rather than humans, examines the
outputs of complex sensors to determine what is happening in the
field of view in real-time. With more than 90,000 instances sold in
over 60 countries worldwide, our depth of experience coupled with
breadth of product portfolio uniquely positions us to provide
powerful hybrid technology solutions and to exploit the convergence
of the traffic, security and environmental management markets. We
are headquartered in St. Paul, Minnesota. Visit us on the web at
imagesensing.com.
http://www.newscom.com/cgi-bin/prnh/20050512/CGISSLOGO
http://photoarchive.ap.org/ DATASOURCE: Image Sensing Systems, Inc.
CONTACT: Erik Wood, Marketing Specialist of Image Sensing Systems,
Inc., +1-651-603-7704 Web site: http://www.imagesensing.com/
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