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<P style="MARGIN: 0in 0in 6pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="'Times New Roman,serif'">As filed with the Securities and Exchange Commission on June 14, 2010.</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; punctuation-wrap: simple" align=right><FONT lang=EN-US style="FONT-SIZE: 12pt" face="'Times New Roman,serif'">Registration No. 333-__________</FONT></P>
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<P style="MARGIN: 6pt 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="'Times New Roman,serif'">SECURITIES AND EXCHANGE COMMISSION</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="'Times New Roman,serif'">Washington, D.C.&nbsp; 20549</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 22pt" face="'Times New Roman,serif'">FORM S-8</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 14pt" face="'Times New Roman,serif'">REGISTRATION STATEMENT UNDER<BR>
THE SECURITIES ACT OF 1933</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT lang=EN-US style="FONT-SIZE: 22pt" face="'Times New Roman,serif'">Image Sensing Systems, Inc.</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">(Exact name of issuer as specified in its charter)</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 12pt" face="Times New Roman">Minnesota</FONT></B></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 12pt" face="'Times New Roman,serif'">41-1519168</FONT></B></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">(State or other jurisdiction of <BR>
incorporation or organization)</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">(I.R.S. Employer Identification No.)</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT></B>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">500 Spruce Tree Centre</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">1600 University Avenue West</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">St. Paul, MN 55104</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">(Address of principal executive offices, including Zip Code)</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: hanging" align=center><B><FONT lang=EN-US style="FONT-SIZE: 12pt; TEXT-AUTOSPACE: ideograph-numeric" face="'Times New Roman,serif'">Image Sensing Systems, Inc. 2005 Stock Incentive Plan</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: hanging" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; TEXT-AUTOSPACE: ideograph-numeric" face="'Times New Roman,serif'">(Full title of the plan)</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">Gregory R. L. Smith<BR>
Chief Financial Officer<BR>
Imaging Sensing Systems, Inc.<BR>
500 Spruce Tree Centre<BR>
1600 University Avenue West<BR>
St. Paul, Minnesota 55104<BR>
</FONT></B><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">(Name and address of agent for service)</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">Copy to:<BR>
</FONT><B><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">Michele D. Vaillancourt</FONT></B><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'"><BR>
</FONT><B><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">Winthrop &amp; Weinstine, P.A.</FONT></B><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'"><BR>
</FONT><B><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">225 South Sixth Street</FONT></B><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'"><BR>
</FONT><B><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">Suite 3500</FONT></B><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'"><BR>
</FONT><B><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">Minneapolis, Minnesota 55402</FONT></B><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'"><BR>
</FONT><B><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">Telephone:&nbsp; (612) 604-6400</FONT></B></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">(651) 603-7700</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">(Telephone number, including area code, of agent for service)</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">Approximate date of commencement of proposed sale:</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">From time to time after the effective date of this registration statement.</FONT></B></P>
<P style="MARGIN: 0in 0in 1pt; TEXT-INDENT: 0.5in"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 1pt; TEXT-INDENT: 0.5in"><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.&nbsp; See the definitions of &#147;large accelerated filer,&#148; &#147;accelerated filer&#148; and &#147;smaller reporting company&#148; in Rule&nbsp;12b-2 of the Exchange Act. (Check one): </FONT></P>
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<P style="MARGIN: 0in 0in 1pt; TEXT-INDENT: 0in; TEXT-ALIGN: justify"><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">Large accelerated filer&nbsp; </FONT><FONT style="FONT-SIZE: 11pt" face=Wingdings>o</FONT></P>
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<P style="MARGIN: 0in 0in 1pt; TEXT-INDENT: 0in; TEXT-ALIGN: justify"><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">Accelerated filer&nbsp; </FONT><FONT style="FONT-SIZE: 11pt" face=Wingdings>o</FONT></P>
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<P style="MARGIN: 0in 0in 1pt; TEXT-INDENT: 0in; TEXT-ALIGN: justify"><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">Non-accelerated filer&nbsp; </FONT><FONT style="FONT-SIZE: 11pt" face=Wingdings>o</FONT></P>
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<P style="MARGIN: 0in 0in 1pt; TEXT-INDENT: 0in; TEXT-ALIGN: justify"><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">Smaller reporting company&nbsp; </FONT><FONT style="FONT-SIZE: 11pt" face=Wingdings>x</FONT></P>
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<P style="MARGIN: 0in 0in 1pt; TEXT-INDENT: 0in; TEXT-ALIGN: justify"><FONT style="FONT-SIZE: 11pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 1pt; TEXT-INDENT: 0in; TEXT-ALIGN: justify"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">(Do not check if a smaller reporting company)</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">CALCULATION OF REGISTRATION FEE</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT></B>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Title of<BR>
Securities<BR>
to be<BR>
Registered</FONT></B></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Amount<BR>
to be<BR>
Registered (1)</FONT></B></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Proposed<BR>
Maximum<BR>
Offering<BR>
Price<BR>
Per Share (2)</FONT></B></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Proposed<BR>
Maximum<BR>
Aggregate<BR>
Offering<BR>
Price&nbsp;(2)</FONT></B></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Amount of<BR>
Registration<BR>
Fee</FONT></B></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Common stock,<BR>
$.01 par value</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">135,000 shares</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">$12.80</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">$1,728,000</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">$123.21</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">(1)</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">As of June 14, 2010, the number of shares being registered consists of 135,000 shares of common stock reserved for issuance under the Image Sensing Systems, Inc. 2005 Stock Incentive Plan.</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">(2)</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Pursuant to Rule&nbsp;457(c) under the Securities Act of 1933, the offering price is equal to the average of the high and low sale prices of the common stock as of June 8, 2010 as reported on The NASDAQ Capital Market.</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'CG Times,serif'">TABLE OF CONTENTS</FONT></B></P>
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<A href="#a001">
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">Part I - </FONT></P>
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<A href="#a001">
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">Information Required in the Section 10(a) Prospectus </FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">2</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">
<A href="#a002">Item 1. Plan Information</A></FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">2</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">
<A href="#a003">Item 2. Registrant Information and Employee Plan Annual Information</A></FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">2</FONT></P>
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<A href="#a004">
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">Part II - </FONT></P>
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<A href="#a004">
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">Information Required in the Registration Statement</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">2</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">
<A href="#a005">Item 3. Incorporation of Documents by Reference</A></FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">2</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">
<A href="#a006">Item 4. Description of Securities</A></FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">3</FONT></P>
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<A href="#a007">
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">Item 5. Interests of Named Experts and Counsel</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">3</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">
<A href="#a008">Item 6. Indemnification of Directors and Officers</A></FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">3</FONT></P>
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<A href="#a009">
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">Item 7. Exemption from Registration Claimed</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">4</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">
<A href="#a010">Item 8. Exhibits</A></FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">4</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">
<A href="#a011">Item 9. Undertakings</A></FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">4</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">
<A href="#a012">Signatures</A></FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">6</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'CG Times,serif'">
<A href="#a013">Exhibit Index</A></FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">8</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: 112%; LETTER-SPACING: -0.15pt" face="'Times New Roman,serif'">-&nbsp;i -</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">
<A name="a001"></A>PART I</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'"></FONT></B>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">The documents containing the information specified in this Part I will be sent or given to employees as specified by Rule 428(b)(1) under the Securities Act of 1933.&nbsp; Such documents need not be filed with the Securities and Exchange Commission either as part of this registration statement or as prospectuses or prospectus supplements pursuant to Rule 424.&nbsp; Such documents and the documents incorporated by reference in this registration statement pursuant to Item 3 of Part II of this form, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act of 1933.</FONT></P>
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">
<A name="a002"></A>Item 1.&nbsp;&nbsp;Plan Information.</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT></B>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">
<A name="a003"></A>Item 2.&nbsp;&nbsp;Registrant Information and Employee Plan Annual Information.</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">
<A name="a004"></A>PART II</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'"></FONT></B>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT></B>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">
<A name="a005"></A>Item 3.&nbsp;&nbsp;Incorporation of Documents by Reference.</FONT></B></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">The following documents are incorporated herein by reference:</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">a.&nbsp;&nbsp;&nbsp;The description of the Company&#146;s common stock contained in the Company&#146;s Amendment No. 1 to Registration Statement on Form SB&#8209;2 dated filed on April 26, 1995 with the Securities Exchange Commission (the &#147;SEC&#148;) under the heading &#147;Description of Capital Stock&#148; (File No.&nbsp;33-90298C); </FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">b.&nbsp;&nbsp;&nbsp;The Company&#146;s Annual Report on Form 10-K for the year ended December&nbsp;31, 2009 filed with the SEC on March 24, 2010;</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">c.&nbsp;&nbsp;&nbsp;The Company&#146;s Quarterly Report on Form 10-Q for the quarter ended March&nbsp;31, 2010 filed with the SEC on May 11, 2010;</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">d.&nbsp;&nbsp;&nbsp;The Company&#146;s Proxy Statement filed with the SEC on April&nbsp;30, 2010; </FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">e.&nbsp;&nbsp;&nbsp;The Company&#146;s Current Report on Form&nbsp;8&#8209;K&nbsp; filed with the SEC on January&nbsp;4, 2010 reporting information under Items&nbsp;1.01 and 2.03; </FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">f.&nbsp;&nbsp;&nbsp;The Company&#146;s Current Report on Form&nbsp;8&#8209;K&nbsp; filed with the SEC on March&nbsp;11, 2010 reporting information under Item 8.01; </FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT lang=EN-US style="FONT-SIZE: 10pt; TEXT-AUTOSPACE: ideograph-numeric" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">g.&nbsp;&nbsp;&nbsp;The Company&#146;s Current Report on Form&nbsp;8&#8209;K&nbsp; filed with the SEC on March&nbsp;12, 2010 reporting information under Item&nbsp;5.02; </FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">h.&nbsp;&nbsp;&nbsp;The Company&#146;s Current Report on Form&nbsp;8&#8209;K&nbsp; filed with the SEC on April&nbsp;16, 2010 reporting information under Items&nbsp;1.01, 8.01 and 9.01; and</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">i.&nbsp;&nbsp;&nbsp;The Company&#146;s Current Report on Form&nbsp;8&#8209;K&nbsp; filed with the SEC on June&nbsp;1, 2010 reporting information under Item&nbsp;5.07.</FONT></P>
<P style="MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">All documents filed by the Company pursuant to Sections&nbsp;13(a), 13(c), 14 or 15(d) of the Exchange Act after the date of the initial filing of this registration statement and before the filing of a post&#8209;effective amendment which indicates that all securities offered hereby have been sold or which deregisters all such securities then remaining unsold (excluding, however, any portion of such documents not deemed to be &#147;filed&#148; with the SEC pursuant to the rules of the SEC) shall be deemed to be incorporated by reference into this registration statement and to be a part hereof from the date of filing of such documents.</FONT></P>
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<A name="a006"></A>Item 4.&nbsp;&nbsp;Description of Securities.</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">The shares of the Company&#146;s common stock offered pursuant to this registration statement are registered under Section 12(g) of the Exchange Act.&nbsp; The description of the Company&#146;s common stock is incorporated by reference pursuant to Item 3.a. above.</FONT></P>
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'"></FONT></B>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">
<A name="a007"></A>Item 5.&nbsp;&nbsp;Interests of Named Experts and Counsel.</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Not applicable.</FONT></P>
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT></B>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">
<A name="a008"></A>Item 6.&nbsp;&nbsp;Indemnification of Directors and Officers.</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Section&nbsp;302A.521 of the Minnesota Business Corporation Act provides that unless prohibited or limited by a corporation&#146;s articles of incorporation or bylaws, the Company must indemnify its current and former officers, directors, employees and agents against expenses (including attorneys&#146; fees), judgments, penalties, fines and amounts paid in settlement and which were incurred in connection with actions, suits, or proceedings in which such persons are parties by reason of the fact that they are or were an officer, director, employee or agent of the corporation, if they (i)&nbsp;have not been indemnified by another organization, (ii)&nbsp;acted in good faith, (iii)&nbsp;received no improper personal benefit, (iv)&nbsp;in the case of a criminal proceeding, had no reasonable cause to believe the conduct was unlawful, and (v)&nbsp;reasonably believed that the conduct was in the best interests of the corporation. Section&nbsp;302A.521 also permits a corporation to purchase and maintain insurance on behalf of its officers, directors, employees and agents against any liability which may be asserted against, or incurred by, such persons in their capacities as officers, directors, employees and agents of the corporation, whether or not the corporation would have been required to indemnify the person against the liability under the provisions of such section.</FONT></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple">&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Section 7 of Article&nbsp;III of the Company&#146;s Bylaws provides that the Company will indemnify such persons to the fullest extent permitted by the laws of the State of Minnesota. </FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">The Company maintains officers&#146; and directors&#146; liability insurance for the benefit of its officers and directors.</FONT></P>
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<A name="a009"></A>Item 7.&nbsp;&nbsp;Exemption from Registration Claimed.</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Not applicable.</FONT></P>
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<A name="a010"></A>Item 8.&nbsp;&nbsp;Exhibits.</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; TEXT-ALIGN: justify; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; TEXT-ALIGN: justify; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">The exhibits to this Registration Statement on Form S-8 are described on the Exhibit Index.</FONT></P>
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<A name="a011"></A>Item 9.&nbsp;&nbsp;Undertakings.</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT></B>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rule 415 Offering.</FONT></B></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">The undersigned registrant hereby undertakes:</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">(1)</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">To file, during any period in which offers or sales are being made, a post&#8209;effective amendment to this registration statement:</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">(i)</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">To include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act of 1933;</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">(ii)</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement; and</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">(iii)</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">To include any material information with respect to the plan of distribution not previously described in the registration statement or any material change to such information in the registration statement;</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">(2)</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">That, for the purpose of determining any liability under the Securities Act of 1933, each post&#8209;effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial </FONT><I><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">bona fide</FONT></I><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"> offering thereof.</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Filings Incorporating Subsequent Exchange Act Documents by Reference.</FONT></B></P>
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<P style="MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the registrant&#146;s annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan&#146;s annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial </FONT><I><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">bona fide</FONT></I><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"> offering thereof.</FONT></P>
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<P style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.5in; punctuation-wrap: simple"><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statement Required in Connection with Filing of Registration Statement on Form&nbsp;S&#8209;8.</FONT></B></P>
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<P style="MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable.&nbsp; In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.</FONT></P>
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<A name="a012"></A>SIGNATURES</FONT></B></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S&#8209;8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of St. Paul, State of Minnesota on June&nbsp;14, 2010.</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Image Sensing Systems, Inc.</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">/s/ Gregory R. L. Smith</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Gregory R. L. Smith<BR>
Chief Financial Officer</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face="'Times New Roman,serif'">POWER OF ATTORNEY</FONT></B></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Each person whose signature appears below hereby constitutes and appoints Kenneth&nbsp;R. Aubrey</FONT><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"> </FONT></B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">and Gregory R. L. Smith, each of whom may act individually, as such person&#146;s true and lawful attorney-in-fact and agent with full power of substitution and resubstitution for such person and in such person&#146;s name, place and stead, in any and all capacities, to sign any or all amendments (including post-effective amendments) to this Registration Statement, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as such person might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; punctuation-wrap: simple"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">/s/ Kenneth R. Aubrey</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">President, Chief Executive Officer and Director (principal executive officer)</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">June&nbsp;14, 2010</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Kenneth R. Aubrey</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">/s/ Gregory R. L. Smith</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Chief Financial Officer (principal financial officer and principal accounting officer)</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">June&nbsp;14, 2010</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Gregory R. L. Smith</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">/s/ James Murdakes</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Chairman of the Board of Directors</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">June&nbsp;14, 2010</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">James Murdakes</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Director</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">June&nbsp;14, 2010</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Panos G. Michalopoulos</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">/s/ Michael G. Eleftheriou</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Director</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">June&nbsp;14, 2010</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Michael G. Eleftheriou</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Director</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">June&nbsp;14, 2010</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Sven A. Wehrwein</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD></TR>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD></TR>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">/s/ James W. Bracke</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Director</FONT></P>
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     <TD style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">June&nbsp;14, 2010</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">James W. Bracke</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<A name="a013"></A>Exhibit Index</FONT></B></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><U><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Exhibit No</FONT></U><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">.</FONT></P>
</TD>
     <TD style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" vAlign=top width="70%">
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><U><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Description</FONT></U></P>
</TD>
     <TD style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD></TR>
<TR>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD></TR>
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     <TD style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">4.1</FONT></P>
</TD>
     <TD style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" vAlign=top width="70%">
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">The description of the Company&#146;s common stock contained in the Company&#146;s Amendment No. 1 to Registration Statement on Form&nbsp;SB&#8209;2 filed on April 26, 1995 with the Securities Exchange Commission (the &#147;SEC&#148;) under the heading &#147;Description of Capital Stock&#148; (File No.&nbsp;33&#8209;90298C); </FONT></P>
</TD>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD></TR>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD></TR>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">5.1</FONT></P>
</TD>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Opinion of Winthrop&nbsp;&amp; Weinstine, P.A. as to the legality of common stock of the Company</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD></TR>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD></TR>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">23.1</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Consent of Grant Thornton LLP</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD></TR>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" vAlign=top width="70%">
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD></TR>
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     <TD style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">23.2</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Consent of Winthrop &amp; Weinstine, P.A. (included in its opinion filed as Exhibit 5.1).</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD></TR>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" vAlign=top width="70%">
<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD></TR>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">24.1</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Power of Attorney (included as part of signature page).</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
</TD>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'"></FONT>&nbsp;</P>
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<P style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">99.1</FONT></P>
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<P style="MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" face="'Times New Roman,serif'">Image Sensing Systems, Inc. 2005 Stock Incentive Plan (incorporated by reference to Exhibit B to the Company&#146;s Proxy Statement filed with the SEC on April 19, 2005).</FONT></P>
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</TD></TR></TABLE></DIV>
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[{"type": "S-8", "sequence": "1", "filename": "image102945_s8.htm", "description": "FORM S-8", "secsgml_size_bytes": 119603}]
{"company-data": {"conformed-name": "IMAGE SENSING SYSTEMS INC", "cik": "0000943034", "assigned-sic": "3829", "irs-number": "411519168", "state-of-incorporation": "MN", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-167496", "film-number": "10894815"}, "business-address": {"street1": "500 SPRUCE TREE CENTRE", "street2": "1600 UNIVERSITY AVE", "city": "ST PAUL", "state": "MN", "zip": "55104-3825", "phone": "6516037700"}, "mail-address": {"street1": "500 SPRUCE TREE CENTRE", "street2": "1600 UNIVERSITY AVE W.", "city": "ST PAUL", "state": "MN", "zip": "55104"}}
image102945_s8.htm - Generated by SEC Publisher for SEC Filing
As filed with the Securities and Exchange Commission on June 14, 2010.
Registration No. 333-__________
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
FORM S-8
REGISTRATION STATEMENT UNDER
THE SECURITIES ACT OF 1933
Image Sensing Systems, Inc.
(Exact name of issuer as specified in its charter)
Minnesota
41-1519168
(State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer Identification No.)
500 Spruce Tree Centre
1600 University Avenue West
St. Paul, MN 55104
(Address of principal executive offices, including Zip Code)
Image Sensing Systems, Inc. 2005 Stock Incentive Plan
(Full title of the plan)
Gregory R. L. Smith
Chief Financial Officer
Imaging Sensing Systems, Inc.
500 Spruce Tree Centre
1600 University Avenue West
St. Paul, Minnesota 55104
(Name and address of agent for service)
Copy to:
Michele D. Vaillancourt
Winthrop & Weinstine, P.A.
225 South Sixth Street
Suite 3500
Minneapolis, Minnesota 55402
Telephone:  (612) 604-6400
(651) 603-7700
(Telephone number, including area code, of agent for service)
Approximate date of commencement of proposed sale:
From time to time after the effective date of this registration statement.
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer
o
Accelerated filer
o
Non-accelerated filer
o
Smaller reporting company
x
(Do not check if a smaller reporting company)
CALCULATION OF REGISTRATION FEE
Title of
Securities
to be
Registered
Amount
to be
Registered (1)
Proposed
Maximum
Offering
Price
Per Share (2)
Proposed
Maximum
Aggregate
Offering
Price (2)
Amount of
Registration
Fee
Common stock,
$.01 par value
135,000 shares
$12.80
$1,728,000
$123.21
(1)
As of June 14, 2010, the number of shares being registered consists of 135,000 shares of common stock reserved for issuance under the Image Sensing Systems, Inc. 2005 Stock Incentive Plan.
(2)
Pursuant to Rule 457(c) under the Securities Act of 1933, the offering price is equal to the average of the high and low sale prices of the common stock as of June 8, 2010 as reported on The NASDAQ Capital Market.
TABLE OF CONTENTS
Part I -
Information Required in the Section 10(a) Prospectus
2
Item 1. Plan Information
2
Item 2. Registrant Information and Employee Plan Annual Information
2
Part II -
Information Required in the Registration Statement
2
Item 3. Incorporation of Documents by Reference
2
Item 4. Description of Securities
3
Item 5. Interests of Named Experts and Counsel
3
Item 6. Indemnification of Directors and Officers
3
Item 7. Exemption from Registration Claimed
4
Item 8. Exhibits
4
Item 9. Undertakings
4
Signatures
6
Exhibit Index
8
- i -
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The documents containing the information specified in this Part I will be sent or given to employees as specified by Rule 428(b)(1) under the Securities Act of 1933.  Such documents need not be filed with the Securities and Exchange Commission either as part of this registration statement or as prospectuses or prospectus supplements pursuant to Rule 424.  Such documents and the documents incorporated by reference in this registration statement pursuant to Item 3 of Part II of this form, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act of 1933.
Item 1.  Plan Information.
Item 2.  Registrant Information and Employee Plan Annual Information.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.  Incorporation of Documents by Reference.
The following documents are incorporated herein by reference:
a.   The description of the Company's common stock contained in the Company's Amendment No. 1 to Registration Statement on Form SB‑2 dated filed on April 26, 1995 with the Securities Exchange Commission (the "SEC") under the heading "Description of Capital Stock" (File No. 33-90298C);
b.   The Company's Annual Report on Form 10-K for the year ended December 31, 2009 filed with the SEC on March 24, 2010;
c.   The Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2010 filed with the SEC on May 11, 2010;
d.   The Company's Proxy Statement filed with the SEC on April 30, 2010;
e.   The Company's Current Report on Form 8‑K  filed with the SEC on January 4, 2010 reporting information under Items 1.01 and 2.03;
f.   The Company's Current Report on Form 8‑K  filed with the SEC on March 11, 2010 reporting information under Item 8.01;
- 2 -
g.   The Company's Current Report on Form 8‑K  filed with the SEC on March 12, 2010 reporting information under Item 5.02;
h.   The Company's Current Report on Form 8‑K  filed with the SEC on April 16, 2010 reporting information under Items 1.01, 8.01 and 9.01; and
i.   The Company's Current Report on Form 8‑K  filed with the SEC on June 1, 2010 reporting information under Item 5.07.
All documents filed by the Company pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act after the date of the initial filing of this registration statement and before the filing of a post‑effective amendment which indicates that all securities offered hereby have been sold or which deregisters all such securities then remaining unsold (excluding, however, any portion of such documents not deemed to be "filed" with the SEC pursuant to the rules of the SEC) shall be deemed to be incorporated by reference into this registration statement and to be a part hereof from the date of filing of such documents.
Item 4.  Description of Securities.
The shares of the Company's common stock offered pursuant to this registration statement are registered under Section 12(g) of the Exchange Act.  The description of the Company's common stock is incorporated by reference pursuant to Item 3.a. above.
Item 5.  Interests of Named Experts and Counsel.
Not applicable.
Item 6.  Indemnification of Directors and Officers.
Section 302A.521 of the Minnesota Business Corporation Act provides that unless prohibited or limited by a corporation's articles of incorporation or bylaws, the Company must indemnify its current and former officers, directors, employees and agents against expenses (including attorneys' fees), judgments, penalties, fines and amounts paid in settlement and which were incurred in connection with actions, suits, or proceedings in which such persons are parties by reason of the fact that they are or were an officer, director, employee or agent of the corporation, if they (i) have not been indemnified by another organization, (ii) acted in good faith, (iii) received no improper personal benefit, (iv) in the case of a criminal proceeding, had no reasonable cause to believe the conduct was unlawful, and (v) reasonably believed that the conduct was in the best interests of the corporation. Section 302A.521 also permits a corporation to purchase and maintain insurance on behalf of its officers, directors, employees and agents against any liability which may be asserted against, or incurred by, such persons in their capacities as officers, directors, employees and agents of the corporation, whether or not the corporation would have been required to indemnify the person against the liability under the provisions of such section.
Section 7 of Article III of the Company's Bylaws provides that the Company will indemnify such persons to the fullest extent permitted by the laws of the State of Minnesota.
- 3 -
The Company maintains officers' and directors' liability insurance for the benefit of its officers and directors.
Item 7.  Exemption from Registration Claimed.
Not applicable.
Item 8.  Exhibits.
The exhibits to this Registration Statement on Form S-8 are described on the Exhibit Index.
Item 9.  Undertakings.
(a)           Rule 415 Offering.
The undersigned registrant hereby undertakes:
(1)
To file, during any period in which offers or sales are being made, a post‑effective amendment to this registration statement:
(i)
To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;
(ii)
To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement; and
(iii)
To include any material information with respect to the plan of distribution not previously described in the registration statement or any material change to such information in the registration statement;
(2)
That, for the purpose of determining any liability under the Securities Act of 1933, each post‑effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial
bona fide
offering thereof.
(3)
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
- 4 -
(b)           Filings Incorporating Subsequent Exchange Act Documents by Reference.
The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial
bona fide
offering thereof.
(h)           Statement Required in Connection with Filing of Registration Statement on Form S‑8.
Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable.  In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S‑8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of St. Paul, State of Minnesota on June 14, 2010.
Image Sensing Systems, Inc.
By:
/s/ Gregory R. L. Smith
Gregory R. L. Smith
Chief Financial Officer
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POWER OF ATTORNEY
Each person whose signature appears below hereby constitutes and appoints Kenneth R. Aubrey
and Gregory R. L. Smith, each of whom may act individually, as such person's true and lawful attorney-in-fact and agent with full power of substitution and resubstitution for such person and in such person's name, place and stead, in any and all capacities, to sign any or all amendments (including post-effective amendments) to this Registration Statement, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as such person might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.
Signature
Title
Date
/s/ Kenneth R. Aubrey
President, Chief Executive Officer and Director (principal executive officer)
June 14, 2010
Kenneth R. Aubrey
/s/ Gregory R. L. Smith
Chief Financial Officer (principal financial officer and principal accounting officer)
June 14, 2010
Gregory R. L. Smith
/s/ James Murdakes
Chairman of the Board of Directors
June 14, 2010
James Murdakes
Director
June 14, 2010
Panos G. Michalopoulos
/s/ Michael G. Eleftheriou
Director
June 14, 2010
Michael G. Eleftheriou
Director
June 14, 2010
Sven A. Wehrwein
/s/ James W. Bracke
Director
June 14, 2010
James W. Bracke
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Exhibit Index
Exhibit No
.
Description
4.1
The description of the Company's common stock contained in the Company's Amendment No. 1 to Registration Statement on Form SB‑2 filed on April 26, 1995 with the Securities Exchange Commission (the "SEC") under the heading "Description of Capital Stock" (File No. 33‑90298C);
5.1
Opinion of Winthrop & Weinstine, P.A. as to the legality of common stock of the Company
23.1
Consent of Grant Thornton LLP
23.2
Consent of Winthrop & Weinstine, P.A. (included in its opinion filed as Exhibit 5.1).
24.1
Power of Attorney (included as part of signature page).
99.1
Image Sensing Systems, Inc. 2005 Stock Incentive Plan (incorporated by reference to Exhibit B to the Company's Proxy Statement filed with the SEC on April 19, 2005).
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