SOURCE: IO NewsWire

May 16, 2013 08:30 ET

IHSI, an Intelligent Highway Solutions Contractor Looks to Develop Wireless System

NOTE TO EDITORS: The Following Is an Investment Opinion Issued by the IO NewsWire

NEW YORK, NY--(Marketwired - May 16, 2013) - Intelligent Highway Solutions, (OTCQB: IHSI) who began trading on the OTC Bulletin Board in April, is a technology focused solutions contractor in California with plans to expand its cutting edge wireless technology to the transportation market.

A recent study by MarketsAndMarkets found that global spending on so-called smart-transportation initiatives will quadruple to more than $102 billion in 2018 from almost $27 billion this year. Spending on communication systems that do everything from conveying local traffic levels to providing parking and traffic-ticketing information, all of which will be designed to make the roads safer and more efficient, will jump by about 24 percent a year during the next few years. (http://green.autoblog.com/2012/12/18/smart-transportation-spending-will-quadruple-to-102-billion-by/)

Other active stocks are Polar Petroleum Corp. (OTCQB: POLR), XUMANII (OTCQB: XUII) and Groupon (NASDAQ: GRPN)

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