MINNEAPOLIS, March 30, 2026 (GLOBE NEWSWIRE) — Symbol Sensing Programs, Inc. (“ISNS”), a completely owned subsidiary of Autoscope Applied sciences Company (OTCQX: AATC), nowadays introduced the execution of an 8th Amendment to its Production, Distribution, and Generation License Settlement with Econolite Keep an eye on Merchandise, Inc.
The modification provides the Autoscope® OptiVu product to the approved portfolio beneath the prevailing revenue-sharing construction.
Each corporations additionally reaffirmed their dedication to discover new technical projects, reinforcing a shared focal point on advancing innovation in visitors control answers.
“This expansion and collaborative outlook, reflects the strength of our long-standing partnership with Econolite,” stated Andy Markese, President and CEO of Symbol Sensing Programs. “We look forward to building on our joint success and delivering technology solutions that benefit transportation agencies and the communities they serve.”
About Autoscope Applied sciences Company
Autoscope Applied sciences Company is a world corporate devoted to serving to toughen protection and potency for towns and highways by means of creating and turning in above-ground detection generation, packages and answers. We give Clever Transportation Programs (ITS) execs extra actual and correct knowledge – together with real-time response functions and in-depth analytics – to make extra assured and proactive selections. We’re headquartered in Minneapolis, Minnesota. Talk over with us on the net at www.autoscope.com.
Ahead-Taking a look Statements
Sure statements and knowledge incorporated on this press unencumber represent “forward-looking statements.” Ahead-looking statements constitute our expectancies or ideals relating to long run occasions and will also be known by way of forward-looking phrases equivalent to “believes,” “may,” “will,” “should,” “intends,” “plans,” “estimates,” “expects,” “anticipates” or different similar terminology. Ahead-looking statements are matter to dangers and uncertainties that can reason our exact effects to vary materially from the effects mentioned within the forward-looking statements. Those dangers and uncertainties come with, however aren’t restricted to, the criteria indexed beneath. New dangers and uncertainties that can materially impact our working effects might emerge every so often. It isn’t conceivable to are expecting all of those dangers and uncertainties, nor are we able to assess the impact that each and every such possibility or uncertainty, or a mixture of them, can have on our trade.
The ones dangers and uncertainties might come with, however aren’t restricted to: our talent to claim, fund and pay dividends sooner or later and to conform to acceptable understand and processing necessities for company movements beneath the OTCQX Laws for U.S. Firms, together with Rule 10b-17 beneath the Securities Alternate Act of 1934, as amended, and Monetary Business Regulatory Authority Rule 6490, in addition to the discretion of our board to switch, droop or cancel any dividend program; our historic dependence on a unmarried product for many of our profit; pageant; possible adjustments in govt spending on transportation generation; acceptance of our product choices and designs; price range constraints by means of governmental entities that acquire our merchandise, together with constraints led to by means of declining tax profit; the ongoing talent of Econolite Keep an eye on Merchandise, Inc. to promote our merchandise and pay royalties owed to us; the combination of and margins at the merchandise we promote; our dependence on 3rd events for production and advertising our merchandise; our dependence on single-source providers to fulfill production wishes; our failure to safe good enough coverage for our highbrow assets rights; our incapacity to expand new packages and product improvements; the prospective disruptive impact at the markets we serve of latest and rising applied sciences and packages, together with vehicle-to-vehicle communications and self sustaining cars; unanticipated delays, prices and bills inherent within the building and advertising of latest merchandise; our incapacity to answer low cost native competition; our incapacity to correctly arrange any expansion in profit and/or manufacturing necessities; the affect over our balloting inventory by means of associates; our incapacity to rent and retain key medical and technical team of workers; the results of felony issues by which we might change into concerned; our incapacity to succeed in and deal with efficient interior controls; our incapacity to effectively combine any acquisitions; price lists and different business boundaries; our working prices have a tendency to be mounted, whilst our profit has a tendency to be seasonal, thereby leading to working effects that adjust from quarter to quarter; any important diversifications between exact quantities and the quantities estimated for the ones issues known as our vital accounting estimates and different important accounting estimates made within the preparation of our monetary statements; political and financial instability, together with geopolitical conflicts, regional hostilities, wars, and different global disruptions; our incapacity to conform to global regulatory restrictions over hazardous elements and digital waste; the have an effect on of global provide chain disruptions and delays; the have an effect on of adjustments in U.S. federal and state source of revenue tax laws; the have an effect on of inflation and our talent to move on emerging costs to its consumers; and prerequisites past our regulate equivalent to warfare, terrorist assaults, well being epidemics (together with the COVID-19 pandemic led to by means of the coronavirus) and financial recession.
You must moderately imagine the above tendencies, dangers and uncertainties ahead of making any funding choice with appreciate to our securities. If any of them continues or happens, our trade, monetary situation or working effects may well be materially and adversely affected, the buying and selling costs of our securities may decline, and it is advisable to lose section or your entire funding. All forward-looking statements because of us or individuals performing on our behalf are expressly certified of their entirety by means of this cautionary observation. We additional warning you to not unduly depend on any forward-looking statements as a result of they replicate our perspectives simplest as of the date the statements had been made. We adopt no legal responsibility to publicly replace or revise any forward-looking statements, whether or not because of new knowledge, long run occasions or differently, aside from as required by means of acceptable legislation.
Touch: Andrew Markese, CEO of AATC and President and CEO of ISNS 612-438-2363
