DCS Announce New ITP
Lasers and Loops Combine DCS and OSI LaserScan Announce Licensing Partnership
for Idris® Technology
July 13th, 2004. - Diamond Consulting Services Ltd. (DCS) and OSI LaserScan (OSI) today announced that OSI has entered into a licensing agreement with DCS under which OSI will incorporate DCS’s patented Idris Technology into their vehicle detection product range.
In a statement welcoming the news, Jeff Saunders, President of OSI LaserScan said, “Our adoption and assimilation of the Idris Technology is a key step in our strategic plan. The dual product offerings meaning AutoSense and Idris and their eventual integration will provide ''a better defined solution'' for the Toll and Intelligent Transport markets.
Bob Lees, co-founder of DCS and co-developer of Idris, said, “We are pleased to welcome OSI as our latest Idris Technology Partner (ITP) and look forward to working closely with them. Idris and AutoSense are, on the face of it, rival technologies, however, both companies recognised the strengths in each others' products. This partnership will enable OSI to develop new solutions which may offer a combination of our technologies yielding a better solution than either one on its own.”
OSI LaserScan, a subsidiary of OSI Systems, Inc. (NASDAQ: OSIS), is the manufacturer of AutoSense, a product line focused on the development and deployment of sensor and system solutions for the toll and traffic management markets worldwide. In addition, the company provides a variety of leading laser systems for the commercial and governmental markets, including precision agriculture, precision mapping and robotic systems. The subsidiary is headquartered in Orlando, Florida. Visit OSI LaserScan on the web at www.osi-laserscan.com.
DCS is a UK-based developer of advanced loop-based solutions for a wide variety of traffic applications including tolling, vehicle counting and classification, traffic signal pre-emption, speed and red-light enforcement.
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