EX-5.1 3 image101851_ex5-1.htm OPINION OF WINTHROP & WEINSTINE, P.A. image101851_ex5-1.htm - Generated by SEC Publisher for SEC Filing

 

Exhibit 5.1

 

 

 

April 15, 2010

Michele D. Vaillancourt
Direct Dial:  (612) 604-6681
Direct Fax:  (612) 604-6881
mvaillancourt@winthrop.com

 

 

Image Sensing Systems, Inc.

500 Spruce Tree Centre

1600 University Avenue West

St. Paul, MN  55104

 

Re:       Registration Statement on Form S-3 and Related Prospectus and Prospectus Supplement

 

Ladies and Gentlemen:

 

You have requested our opinion with respect to certain matters in connection with the sale by Image Sensing Systems, Inc., a Minnesota corporation (the “Company”), of 798,000 shares (the “Shares”) of the Company’s common stock, par value $0.01 per share, pursuant to a Registration Statement on Form S-3 and the related Prospectus and Prospectus Supplement filed with the Securities and Exchange Commission (the “Commission”), File No. 333-162810.  All of the Shares are to be sold by the Company as described in the Registration Statement and the related Prospectus and Prospectus Supplement.

 

In connection with this opinion, we have examined and relied upon the Registration Statement and related Prospectus included therein and the Prospectus Supplement filed with the Commission pursuant to Rule 424 under the Securities Act of 1933, as amended; the Company’s Articles of Incorporation and Bylaws, as currently in effect; and the originals or copies certified to our satisfaction of such other documents, records, certificates, memoranda and other instruments as we deem necessary or appropriate to enable us to render the opinion expressed below.  We have assumed the genuineness and authenticity of all documents submitted to us as originals, the conformity to originals of all documents submitted to us as copies thereof, and the due execution and delivery of all documents where due execution and delivery are a prerequisite to the effectiveness thereof.

 

On the basis of the foregoing, and in reliance thereon, we are of the opinion that the Shares, when sold and issued in accordance with the Registration Statement and the related Prospectus and Prospectus Supplement, will be validly issued, fully paid and non-assessable.

 

 

Suite 3500 | 225 South Sixth Street | Minneapolis, MN 55402 | Main:(612) 604-6400 | Fax:(612) 604-6800 | www.winthrop.com | A Professional Association

 

 


 

Image Sensing Systems, Inc.

April 15, 2010

Page 2

 

 

 

We consent to the reference under the caption “Legal Matters” in the Prospectus and the Prospectus Supplement and to the filing of this opinion as an exhibit to the Registration Statement.

 

Very truly yours,

 

WINTHROP & WEINSTINE, P.A.

 

 

/s/ Michele D. Vaillancourt

Michele D. Vaillancourt