I've been saying undervalue from day one. Level II
Post# of 780
Case in point.
http://www.intelligenthighwaysolutions.com/co...eases.html
Quote:
July 1, 2014 - Intelligent Highway Solutions Announces Additional $800,000 Order From Tech Giant Honeywell
SACRAMENTO, Jul 01, 2014 (GLOBE NEWSWIRE via COMTEX) -- Intelligent Highway Solutions, Inc. (OTCQB:IHSI) , 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 state-of-the-art temperature control systems in many office buildings that were build decades ago. Intelligent Highway Solutions is a trusted vendor of tech giant and New York Stock exchange listed Honeywell.
Devon Jones, Chief Executive Officer of Intelligent Highway Solutions stated, "We are pleased to announce this additional order and we are proud of the solid relationship that we have built with Honeywell. We are well on our way to a record breaking year for our company.
About Intelligent Highway Solutions
Intelligent Highway Solutions, Inc. (IHSI) is a technology based electrical contracting company that develops and implements high and low voltage solutions across multiple platforms. Through the development of proprietary wireless vehicle detection systems the company is working to make the nation's roadways more efficient. IHSI also performs electrical installations, temperature control systems, communication/wireless integration, and advanced lighting systems for commercial applications. In 2014, the Company secured exclusive distribution rights to proprietary lighting solutions directed towards the legal cannabis industry that helps growers reduce costs and improve yields
March 19, 2014 - Intelligent Highway Solutions Announces Significant Purchase Order From Tech Giant Honeywell
SACRAMENTO, Mar 19, 2014 (GLOBE NEWSWIRE via COMTEX) -- Intelligent Highway Solutions, Inc. (OTCQB:IHSI) , announced it has received a significant purchase order from Honeywell for the installation of a temperature control system and associated sensors in a state owned office building in Alameda, California. The initial purchase order has been received and there are three others that are expected within the course of the calendar year. Upon receipt and completion, the total orders will represent approximately $1,000,000 in revenues for Intelligent Highway Solutions . This office building is one of many office buildings in the State of California that are expected to install new systems to be in compliance with the California Title 24 Energy Standards.
The goal of the California Title 24 Energy Standards is to reduce energy use. Commercial buildings are one of the major contributors to the energy demand within the state. Since the California Energy Crisis of the 2000/2001 time frame, one of the major initiatives of the State of California has been to reduce energy demand. In the State of California, there are over 365 state-owned office buildings. Each one of the office buildings is mandated by law to be in compliance with Title 24 which was created in 1978 by the California Building Standards Commission in a legislative mandate to reduce California's energy consumption. The installed temperature control system and associated sensors are integral to an efficient building control system which ultimately saves energy and financial resources for the state.
In December 2013, Intelligent Highway Solutions signed a vendor agreement with Honeywell. This purchase order will be released in four phases and is expected to be completed in the next 9-12 months.
Devon Jones, Chief Executive Officer of Intelligent Highway Solutions stated, "We look forward to completing the work related to this purchase order before the end of this calendar year and we look forward to a long and profitable relationship with Honeywell. This work is in a 15 story state owned building in Alameda and as a company, we are perfectly positioned to receive a lot of additional orders similar to this one over the next 24-36 months."
About HoneywellHoneywell (www.honeywell.com)
Honeywell is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and performance materials. Honeywell Scanning & Mobility (HSM) is part of the Automation and Control Solutions (ACS) business group of Honeywell. HSM is a leading manufacturer of high-performance image- and laser-based data collection hardware, including rugged mobile computers and bar code scanners. With one of the broadest product portfolios in the automatic identification and data collection industry, HSM provides data collection hardware for retail, healthcare, and transportation and logistics companies seeking to improve operations and enhance customer service. Additionally, HSM provides advanced software; service and professional solutions that help customers effectively manage data and assets. HSM products are sold worldwide through a network of distributor and reseller partners. For more information on Honeywell Scanning & Mobilit, please visit www.honeywellaidc.com.
Forward Looking Statements: Any statements contained herein that are not historical facts are forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended These forward-looking statements are made subject to certain risks and uncertainties, which could cause actual results to differ materially from those presented. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after release of this.