SACRAMENTO, Calif., June 10, 2014 (GLOBE NEWSWIRE) -- Intelligent Highway Solutions, Inc. (OTCQB:IHSI), announced that it has shipped its first LED lights to a grower of medical marijuana in California. The company has received interest from 5 additional growers in multiple states since it first announced its digital lighting platform to deliver UV-enhanced white light spectrum lighting for the growing of cannabis plants. Without the proper lighting solution, marijuana plants can't grow efficiently indoors. The worldwide market for medical marijuana is estimated to be in excess of $40 billion and is projected to be one of the fastest growing industries worldwide over the next decade.
Efficient, energy-saving lighting with the right light spectrum is an essential component to a successful medical marijuana growing operation. Many growers believe that more than 20 hours of light is best for the plant with only a few hours of darkness.
Devon Jones, Chief Executive Officer of Intelligent Highway Solutions stated, "We are thrilled to deliver this news to our shareholders and the financial media. We are making quick and significant progress with our foray into the medical marijuana industry. "
Mr. Jones also added, "It is very important that we communicate very clearly to our shareholders that we will only service the medical marijuana growers in the 20 states that have already approved marijuana for medical use."
About Intelligent Highway Solutions, Inc.
Intelligent Highway Solutions, Inc. was formed in April, 2011; IHS is a technology based intelligent highway solutions contractor. The Company's primarily focus is in the California transportation market providing services that range from providing labor, materials, and related equipment for corrective service and maintenance services for the state's transportation infrastructure. The Company's plans are to expand its services to provide cutting edge wireless technologies for the transportation market, as well as expand our service, maintenance and technology services to neighboring states and nationwide.
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. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only to the date such information was released. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after release of this information. Only statements from the Company website, filings at sec.gov, and press releases are those of the Company.
Source:Intelligent Highway Solutions, Inc.