Image Systems AB: Image Systems Receives Order Amounting to 2,5 MSEK

LINKÖPING, Sweden--()--Regulatory News:

Motion Analysis, a business unit within Image Systems AB (STO:IS), has received an order from the US government for development, delivery and support of the TrackEye software suite. The order amounts to 2,5 MSEK and deliveries starts with immediate effect.

TrackEye is a world leading software suite for advanced motion analysis and dedicated to military testing. The software covers the complete process from image processing and analysis to delivery of complete reports. The vast functionality in TrackEye automatically track objects in an image sequence and is able to analyze their motion in 2D, 3D and 6 Degrees of Freedom.

"We have a good relation with the US Department of Defense and this contract underscores the confidence our customer has in our products and systems. It proves that TrackEye is the market leader for advanced motion analysis”, says Johan Friberg, managing director for Image Systems Motion Analysis.

About Image Systems

Image Systems develops and markets image processing solutions for various businesses with the aim to be the market leading player in each of the markets it conducts operations. Founded in 1988, the company is one of the world’s prime companies within high resolution image processing and film scanning for the media and defense industries, solutions for productivity optimization for the sawmill industry and motion analysis solutions for high speed imaging industry applications.

We are represented by our 90 employees located in offices in Sweden, Finland, United Kingdom and USA, and a large network of sales and support partners around the world. Image Systems is a publicly traded company, the share is quoted on NASDAQ OMX Stockholm's Small Cap list (IS). For further information visit our web page www.imagesystems.se

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Contacts

Image Systems AB
Hans Isoz, CEO
tel +4670-623 40 48
e-mail hans.isoz@imagesystems.se

Contacts

Image Systems AB
Hans Isoz, CEO
tel +4670-623 40 48
e-mail hans.isoz@imagesystems.se