Pomerantz LLP

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Intelligent Systems Corporation

We are investigating Intelligent Systems Corporation (INS) (“Intelligent Systems” or the “Company”) for potential violations of the federal securities laws. 

On May 24, 2019, Aurelius Value published a report alleging that the financial expert of the Company’s Audit Committee had engaged in improper accounting practices and that its Chief Executive Officer had engaged in numerous undisclosed related party transactions.  On this news, Intelligent Systems’ stock price fell $7.17 per share, or roughly 18.3%,  over the following two trading sessions, closing at $31.94 on May 28, 2019.