Intelligent Systems Corporation (NYSE:
INS) today announced that in view of the unusual activity in the Company`s stock, the New York Stock Exchange (NYSE) has contacted the Company in accordance with the NYSE`s usual practice and requested that the Company respond by news release to the unusual activity.
Ordinarily, it is ISC`s policy not to comment on market activity or rumors. However, the Company did confirm to the NYSE that it is not aware of any material corporate developments beyond its most recently issued news releases that could account for the recent unusual trading activity in its shares.
About Intelligent Systems Corporation - For over thirty five years, Intelligent Systems Corporation (NYSE MKT:
INS) has identified, created, operated and grown early stage technology companies. The company has operations and investments in the information technology and industrial products industries. The Company's principal majority-owned subsidiaries are CoreCard Software, Inc. (www.corecard.com), a provider of software and services for prepaid, fleet, credit, private label, accounts receivable and revolving credit processing, and ChemFree Corporation (www.chemfree.com), a leader in bioremediating parts washer equipment and supplies. Further information is available on our website at www.intelsys.com or
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