The co-founders of US-based traffic signal technology firm 5243 Smart Signal Technologies are to switch roles in a transition that is expected to reveal new roads for growth.
Dr Henry Liu will take over as president and CEO of the performance measurement and travel time software supplier while Shain moves to the board of directors.
The company is the official licensed commercialisation agent for a patented set of technologies developed at the584 University of Minnesota by Dr Liu and his associates. Liu has been dedicated to solving problems on actuated signalised arterial corridors as the leading researcher in the field while Shain is a technology entrepreneur who has served the transportation industry as a supplier since 1985.
With the passage of MAP-21 in the transportation budget, interest in the company’s products has increased dramatically as they help agencies meet performance measurement obligations. Numerous agencies are now seeking out the company’s product lines, iMeasure and iMonitor, for performance measurement and travel time solutions.
Liu sees many venues for the technology and will reveal his roadmap for growth at a later date.
Dr Henry Liu will take over as president and CEO of the performance measurement and travel time software supplier while Shain moves to the board of directors.
The company is the official licensed commercialisation agent for a patented set of technologies developed at the
With the passage of MAP-21 in the transportation budget, interest in the company’s products has increased dramatically as they help agencies meet performance measurement obligations. Numerous agencies are now seeking out the company’s product lines, iMeasure and iMonitor, for performance measurement and travel time solutions.
Liu sees many venues for the technology and will reveal his roadmap for growth at a later date.
