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International News Briefs: Indian Frigate Sinks Pirate Ship Off Somalia Coast

Wed, 19 Nov 2008 20:52:00 GMT

MOSCOW _ An Indian frigate has sunk a pirate "mother ship" in the Gulf of Aden after coming under attack, the Indian Navy said on Wednesday.
The ship retaliated and sank the pirate vessel," an Indian Navy official said.
Indian military vessels were dispatched to the Gulf of Aden on October 3.

Intelligent Systems Announces Second Quarter 2009 Results

Tue, 11 Aug 2009 11:56:00 GMT

Intelligent Systems Corporation announced today its financial results for the three and six month periods ended June 30, 2009.[More...]

Intelligent Systems Schedules Second Quarter Earnings Release and Conference Call

Thu, 06 Aug 2009 11:56:00 GMT

Intelligent Systems Corporation intends to hold an investor conference call on Tuesday, August 11, 2009 at 11 A.M. Eastern Daylight Time in conjunction with the Company's quarterly earnings release. The Company intends to issue a press release with the financial results of the second quarter and year-to-date periods ended June 30, 2009 before the market opens on August 11, 2009.[More...]

Intelligent Systems Completes Rights Offering

Mon, 20 Jul 2009 13:50:00 GMT

NORCROSS, Ga., July 20, 2009 (GLOBE NEWSWIRE) -- Intelligent Systems Corporation (NYSE Amex:INS) (www.intelsys.com) announced today that it has completed the previously announced common stock rights offering.
Intelligent Systems received gross proceeds of approximately $3.1 million from the rights offering.
Under the terms of the rights offering, Intelligent Systems distributed non-transferable rights to purchase one share of common stock of the Company at a price of $0.70 per share for each share owned by holders of the Company's common stock on June 17, 2009, the record date for the rights offering.

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Intelligent Systems Corporation Plans Investor Conference Call and Presentation

Thu, 02 Jul 2009 15:25:00 GMT

Intelligent Systems Corporation announced today that shareholders are invited to listen to a conference call and presentation on Tuesday, July 7, 2009 at 11:00 am Eastern Daylight Time. J. Leland Strange, Chief Executive Officer of the Company, will provide an update on Company operations and discuss the Company's stockholder rights offering. The stockholder rights offering commenced on June 18, 2009 and expires on July 17, 2009.[More...]

Intelligent Systems Registration Statement for Rights Offering Declared Effective; June 17, 2009 Confirmed As Record Date for Rights Offering

Thu, 18 Jun 2009 19:50:00 GMT

NORCROSS, Ga., June 18, 2009 (GLOBE NEWSWIRE) -- Intelligent Systems Corporation (NYSE Amex:INS)(www.intelsys.com) announced today that the registration statement for its previously announced common stock rights offering was declared effective June 18, 2009 by the Securities and Exchange Commission.
The Company also confirmed June 17, 2009 as the record date for the rights offering.
Under the terms of the rights offering as described in the prospectus contained in the registration statement, Intelligent Systems will distribute at no charge to the holders of its common stock on the record date non-transferable rights to purchase an aggregate of 4,478,971 shares of common stock of the Company.

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Intelligent Systems Announces New Record Date for Rights Offering

Mon, 08 Jun 2009 20:25:00 GMT

Intelligent Systems Corporation announced today that the new record date for its previously announced shareholder rights offering will be June 17, 2009, subject to effectiveness of its Form S-1 Registration Statement on file with the Securities and Exchange Commission. It is anticipated that the offering will commence on June 18, 2009 and will expire at 5:00 p.m. Eastern Daylight Time on July 24, 2009.[More...]

Intelligent Systems Corporation Postpones Record Date for Rights Offering

Thu, 21 May 2009 20:40:00 GMT

Intelligent Systems Corporation announced today that the previously announced record date of May 22, 2009 for its proposed shareholder rights offering has been postponed. The original record date was announced subject to effectiveness of a registration statement on file with the Securities and Exchange Commission. The registration statement is not yet effective and consequently the record date is postponed. The Company will announce a new record date once a registration statement is effective.[More...]

Intelligent Systems Announces First Quarter 2009 Results

Fri, 15 May 2009 17:54:00 GMT

NORCROSS, Ga., May 15, 2009 (GLOBE NEWSWIRE) -- Intelligent Systems Corporation (NYSE Amex:INS) (www.intelsys.com) announced today its financial results for the three month period ended March 31, 2009.
The net loss reported for the quarter ended March 31, 2009 was $662,000 ($0.15 per basic and diluted share) compared to a net loss of $1,487,000 ($0.33 per basic and diluted share) for the first quarter of 2008.
The period-to-period revenue change is principally related to our ChemFree subsidiary.

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Intelligent Systems Corporation Announces Record Date for Rights Offering

Wed, 13 May 2009 21:19:00 GMT

Intelligent Systems Corporation announced today that the record date for its previously announced shareholder rights offering will be May 22, 2009, subject to effectiveness of its Form S-3 Registration Statement on file with the Securities and Exchange Commission. It is anticipated that the offering will commence on the record date and will expire at 5:00 p.m. Eastern Daylight Time on June 22, 2009.[More...]

Intelligent Systems Corporation Announces Rights Offering

Fri, 17 Apr 2009 18:49:00 GMT

NORCROSS, Ga., April 17, 2009 (GLOBE NEWSWIRE) -- Intelligent Systems Corporation (NYSE Amex:INS) (www.intelsys.com) announced today that it is planning to make a rights offering of common stock to its shareholders.
Under the terms of the rights offering, Intelligent Systems will distribute at no charge to the holders of its common stock non-transferable rights to purchase shares of the Company's common stock.
The Company will use the proceeds of the rights offering primarily to support plans for its CoreCard subsidiary, including increasing marketing and sales activities and devoting additional resources to establish CoreCard's prepaid and credit card processing services.

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