Image Sensing Systems, Inc. Initiates Review of Strategic Alternatives
Image Sensing Systems, Inc (ISNS)
US:NASDAQ Investor Relations:
imagesensing.com/company/investors.html
Company Research
Source: GlobeNewswire
SAINT PAUL, Minn., Jan. 08, 2020 (GLOBE NEWSWIRE) -- Image Sensing Systems, Inc. (NASDAQ: ISNS), 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, today announced that its Board of Directors has initiated a comprehensive review of strategic alternatives to maximize shareholder value. The Board of Directors has formed a Special Committee chaired by James W. Bracke, who is an independent director and chair of the Audit Committee. In addition to Mr. Bracke, the Board has appointed Paul F. Lidsky, Geoffrey C. Davis, and Joseph P. Daly, all of whom are independent directors of Image Sensing Systems, and Brian VanDerBosch, who is an independent consultant of Image Sensing Systems, to the Special Committee. The Special Committee will oversee the review. “The Company’s Board is committed to maximizing value for all shareholders and has initiated a stra
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