September 30, 2014 6:00 PM ET

Transportation Infrastructure

Company Overview of Intelligent Highway Solutions, Inc.

Company Overview

Intelligent Highway Solutions, Inc., a development stage company, provides transportation technology services that enable vehicles, roads, traffic lights, message signs, and other elements to communicate with each other via wireless technologies. The company’s intelligent transportation systems have a range of applications, such as intelligent traffic signal management, video analytics, information and alerts, real-time public transit information, and automated parking meters. It serves California Department of Transportation. The company was founded in 2011 and is based in Sacramento, California.

8 Light Sky Court

Sacramento, CA 95828

United States

Founded in 2011

11 Employees

Phone:

916-379-0324

Fax:

916-379-0338

Key Executives for Intelligent Highway Solutions, Inc.

Chief Executive Officer and Director
Age: 35
Total Annual Compensation: $50.0K
President
Age: 64
Chairman
Age: 50
Total Annual Compensation: $50.0K
Compensation as of Fiscal Year 2013.

Intelligent Highway Solutions, Inc. Key Developments

Intelligent Highway Solutions, Inc. announced delayed 10-Q filing

On 08/14/2014, Intelligent Highway Solutions, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Intelligent Highway Solutions Receives Additional $800,000 Purchase Order from Honeywell

Intelligent Highway Solutions, Inc. announced it has received a second significant purchase order from Honeywell for $800,000. The purchase order is for additional work in office buildings owned by the State of California. This work is mandated by Title 24 which dictates certain technology requirements in the state to reduce energy consumption. This work consists of the installation of temperature control systems in many office buildings that were build decades ago. Intelligent Highway Solutions is a trusted vendor of Honeywell.

Intelligent Highway Solutions, Inc. Revised Revenue Guidance for the Second Quarter Ending June 30, 2014

Intelligent Highway Solutions, Inc. revised revenue guidance for the second quarter ending June 30, 2014. The company expects to report a minimum of $450,000 in revenues for the second quarter ending June 30, 2014, exceeding its prior projection. This new projection is due to the company's continued progress related to the Honeywell purchase order.

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