Intelligent Systems Schedules FY 2010 Earnings Release and Conference Call
March 16 2011 - 6:00AM
Intelligent Systems Corporation (NYSE Amex:INS) intends to hold an
investor conference call on Tuesday, March 22 at 11 A.M. Eastern
Daylight Time in conjunction with the Company's 2010 earnings
release. The Company plans to issue a press release with the
financial results of the three and twelve month periods ended
December 31, 2010 before the market opens on March 22, 2011.
Interested investors are invited to attend the conference call
by dialing (877) 253-0369 and entering conference ID code 52498521.
A transcript of the call will be posted on the Company's website at
www.intelsys.com as soon as available after the call.
In view of the unusual market activity on March 14 and 15 in the
common stock of Intelligent Systems (NYSE Amex:INS), the NYSE has
contacted the Company in accordance with its usual practice.
Intelligent Systems confirms that it is the company policy not to
comment on unusual market activity.
About Intelligent Systems Corporation:
For over thirty years, Intelligent Systems Corporation 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 and credit card processing, and ChemFree
Corporation (www.chemfree.com), a leader in bioremediating parts
washer equipment and supplies. Further information is
available on the Company's website at www.intelsys.com or by
calling the Company at 770-381-2900.
Forward-looking Statements:
In addition to historical information, this news release may
contain forward-looking statements relating to Intelligent Systems
Corporation and its subsidiary and affiliated companies. These
statements include all statements that are not statements of
historical fact regarding the intent, belief or expectations of
Intelligent Systems Corporation and its management with respect to,
among other things, results of operations, product plans, and
financial condition. The words "may," "will," "anticipate,"
"believe," "intend," "expect," "estimate," "plan," "strategy" and
similar expressions are intended to identify forward-looking
statements. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties and that actual results may
differ materially from those contemplated by such forward-looking
statements. All forward-looking statements are based upon
information available to Intelligent Systems Corporation on the
date this release was submitted. The Company does not undertake to
update or revise any forward-looking statements whether as a result
of new developments or otherwise, except as required by
law. Among the factors that could cause actual results to
differ materially from those indicated by such forward-looking
statements are instability in the financial markets, delays in
product development, undetected software errors, competitive
pressures, changes in customers' requirements or financial
condition, market acceptance of products and services, changes in
the performance, financial condition or valuation of affiliate
companies, the risks associated with investments in privately-held
early stage companies and further declines in general economic and
financial market conditions, particularly those that cause
businesses to delay or cancel purchase decisions.
CONTACT: Intelligent Systems Corporation
Bonnie L. Herron, Vice President and Chief Financial Officer
770-564-5504
bherron@intelsys.com
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