ST. PAUL, Minn., March 08, 2017 -- Image Sensing Systems, Inc. (NASDAQ:ISNS) today announced that the board has appointed Chad Stelzig as permanent president and chief executive officer (CEO), effective immediately. Mr. Stelzig previously served as interim president and CEO, and vice president of engineering. Mr. Stelzig has been with Image Sensing Systems (ISS) since June 2011.
“Chad’s experience and energic leadership positions him well to lead this company,” said Andrew Berger, executive chairman of the board. “The board feels that Chad has demonstrated the leadership needed to grow the company and maximize shareholder value. We are pleased to have his industry knowledge and strategic focus to return the company back to historical profitability.”
Mr. Stelzig joined ISS in 2011 as the algorithm engineering manager and moved through the organization holding positions of Director of Engineering, VP of Engineering, and most recently, interim president and CEO. As VP of Engineering, Mr. Stelzig led the engineering team through the development of the next generation video product, Autoscope Vision, which the intersection detection segment has quickly adopted. Prior to joining ISS, Mr. Stelzig worked for General Dynamics C4 systems in various engineering, research and business development roles.
“Over the past several years we have gained a renewed focus on innovation and product development that has positioned the company to provide the detection, data analytics and software solutions required within the traffic management, adaptive control and autonomous vehicle segments,” said Chad Stelzig, president and CEO. “I am looking forward to providing the strategic leadership and company vision as we begin to realize the potential of our new algorithm, software, and hardware platforms.”
About Image Sensing Systems
Image Sensing Systems, Inc. is 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. We give Intelligent Transportation Systems (ITS) professionals more precise and accurate information – including real-time reaction capabilities and in-depth analytics – to make more confident and proactive decisions. We are headquartered in St. Paul, Minnesota. Visit us on the web at imagesensing.com.
Contact: Richard Ehrich Image Sensing Systems 651.603.7700


SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO
OPmobility Reports Q1 Revenue Dip Amid Automotive Industry Slowdown
China Food Delivery Stocks Dip as Regulators Crack Down on “Ghost Deliveries”
NVIDIA Acquisition Rumors Dismissed by Morgan Stanley as Strategically Flawed
SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows
Polymarket Seeks $400M Funding Round, Targets $15B Valuation Amid Prediction Market Boom
Elon Musk Faces French Probe Over X and Grok Amid Rising U.S.-EU Tensions
SK Hynix to Invest $13 Billion in AI Chip Packaging Facility
LG Innotek Stock Hits Record High on $68M Automotive Wi-Fi 7 Deal
Eli Lilly in Talks to Acquire Kelonia Therapeutics for Over $2 Billion
SK Hynix Launches 192GB SOCAMM2 Memory for Nvidia’s Next-Gen AI Chips
Jeff Bezos Eyes $10 Billion Funding Round for AI Venture Project Prometheus
Want to cut your energy bills? Here’s how five experts are doing it
Nidec Stock Rises After Accounting Probe Report Eases Delisting Concerns
John Ternus Signals Apple’s Future with Product-First AI Strategy
Tesla Q1 Earnings Preview: Robotaxi Delays and SpaceX Merger Speculation Grow
J.P. Morgan Downgrades Essity AB on Rising Costs and Weak Earnings Outlook 



