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Intelligent Highway Solutions secures USD5 million PE line of financing

August 7, 2015 at 6:39 am

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Intelligent Highway Solutions has entered into a Private Equity Line Financing for up to USD5,000,000.00, subject to terms and conditions.

"This news is great for our shareholders and the timing is perfect," said Devon Jones, CEO of IHSI. "This type of financing is excellent for our company because it has no downward convertible mechanism and it gives us what we need to accelerate the execution of our business plan."