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Horizon Software International (www.horizon-boss.com) is a leading provider of software systems to the food service management industry.  Horizon’s suite of products provides a full range of back-office and point-of-sale systems to allow food service installations - from single school cafeterias to mega-sized school districts and college campuses to senior living facilities – to efficiently manage their food service operations.  Horizon, a leader in the K-12 market with over 8,000 installations nationwide, is expanding its reach to include international, government and private food service companies.

In 2002, Intelligent Systems became the only non-management shareholder in this privately held Georgia-based company in which ISC was a preferred shareholder with approximately 17% of the ownership interest. Effective August 31,2006, ISC sold its interest to the Horizon management team.  Details of the transaction and the gain on the sale are explained in the Company's SEC filings found in the Investor section