Once again, USA Signal Technology, Inc. (PINKSHEETS: USSG) may be a target of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company issued a press release announcing that it has successfully demonstrated and received approval for its unique LED (Light Emitting Diode) "Intelligent/Wireless" Lane Control Signal from the Texas Department of Transportation, a state with thousands of LCS' that need to be replaced, as well as thousands of planned new installations.
This could be big news and could get the attention of investors! Lane Control Signals are those ubiquitous traffic signs with illuminated colored symbols on highway bridges and overpasses. The symbols show a specific lane's traffic condition: a green arrow for a lane flowing freely, a yellow arrow or yellow "X" for a slow lane, and a Red "X" for a lane that is shut down.
Continue to watch this company! Based on the expressed needs of Departments' of Transportation (DOT) from a number of heavily populated states, USA Signal developed the first LED Intelligent Lane Control Signal to be extremely energy efficient (powered with only 10 watts), requiring almost no maintenance and offering continuous intelligent feedback to a centralized control location. In comparison, the tens of thousands of conventional LCS' now deployed across the nation are powered by an array of halogen lights through fiber optic harnesses that require 150 watts of power, are high maintenance, often unreliable and require local controllers.
What makes USA Signal's LCS "intelligent," is that unlike present systems, it is equipped with a microcontroller, wireless communication with a central location, redundant power supplies to function during blackouts and brown-outs, and several other advanced features highly sought by DOT's. This allows for lower installation costs and extremely less on-going maintenance expenses compared to current fiber optic -- halogen systems. Most important, because of increased reliability and the ability to alert a central controller if a particular LCS will be in need of repair, or has actually stopped functioning, highway safety is greatly enhanced.
Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of USA Signal Tech! Texas is the first of many states where USA Signal plans to market its Intelligent LCS.
This remains a very compelling story! Late last month, we reported that the company had just received certifications from two independent testing laboratories that its 8 inch and 12 inch "Intelligent" Traffic Signal Lights exceed all Light Emitting Diode (LED) requirements of the Institute of Transportation Engineers (ITE) Specifications, as well as Los Angeles DOT Specifications. This news was important, as it paves the way for USA Signal to market its superior technology to cities and counties nationwide; an emerging market the company estimates to be about $800 million.
Prior to the latest press release, the stock closed yesterday at around Ten cents a share.
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In case you are not familiar with the company: USA Signal Technology, Inc. is a Dallas, TX-based Company that designs, manufactures and markets state-of-the-art traffic signaling and monitoring systems. It provides the most technologically advanced and lowest cost-of-ownership intelligent LED (Light Emitting Diode) traffic signals for municipalities. Its advanced designs provide the most cost effective LEDs and, most important, it has the only signals that combine other advanced technology products to create the first Intelligent Traffic Intersection Systems (ITIS) and Railroad Crossing Surveillance & Detection Systems.
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"In economic news, the Labor Department said that unit labor costs were up by 9.0%, annualized, this year a 16 year high and the most since the 3rd quarter of 2001. In 2005 the costs were up by 2%. Productivity is up as well by 1.6%. Both numbers are key infaltionary indicators and closely watched by the Federal Reserve. Plus the ISM, Institute of Supply Managers, said their index in August was up to 57% from 54.8% in July indicating an expanding economy. All of these numbers played havoc with the markets according to experts," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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