Intelligent Systems (INS) Business Update

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Intelligent Systems Business Update

January 11, 2021 7:30 AM EST

NORCROSS, Ga., Jan. 11, 2021 (GLOBE NEWSWIRE) -- Intelligent Systems Corporation [NYSE American: INS], the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, announced today that a major customer has reached another license tier ahead of expectations continuing the strong demand from the third quarter of fiscal 2020. The Company also announced that it will be participating in the Sidoti Winter 2021 Investor Conference on January 13, 2021.

For the fourth quarter of fiscal 2020, the Company now expects to recognize license revenue of approximately $2 million which is comparable to the 2020 third... More