SACRAMENTO, Calif., May 22, 2013 (GLOBE NEWSWIRE) -- Intelligent Highway Solutions (OTCQB:IHSI), Intelligent Highway Solutions, announced today the Company's common public traded shares have been granted eligibility status by the Depository Trust Company (DTC). Trading in securities that are "DTC-eligible" can be electronically cleared and settled through the facilities of DTC. This fully electronic and cost-effective method of clearing securities transactions accelerates the trade settlement process for all investors and the broker/dealers that process trades in DTC-eligible securities.
"This is an important milestone for the company and we are pleased to have obtained DTC eligibility. Electronic trading and settlement is the standard in today's financial markets and our becoming DTC-eligible will greatly simplify the process for all investors in (IHSI) shares," stated IHS CEO Devon Jones. "We expect that our DTC-eligible status will improve our overall share liquidity and share attractiveness on market. We would like to acknowledge the assistance of Vstock Transfer, for their guidance through this process. We will continue to update our shareholders on our progress."
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 States transportation infrastructure. The Company's plans are to expand its services to provide cutting edge wireless technologies for 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.
CONTACT: David Singer 8 Light Sky Court Sacramento, CA 95828 Tel.: (916) 379-0324Source:Intelligent Highway Solutions, Inc.