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                                                                    EXHIBIT 4.16

                                    [FORM OF]
                                 PROMISSORY NOTE

[Dollar Amount]                                                           [Date]


         For value received, INTEGRATED SECURITY SYSTEMS, INC., a Delaware
corporation (hereinafter referred to as "Maker"), promises to pay to the order
of __________________, [an individual] [a _____________ corporation]
(hereinafter referred to as "Payee"), the principal sum of _________________ and
[no/100] Dollars ($_______________). The principal of and interest on this Note
shall be due and payable in lawful money of the United States of America, at the
offices of Payee at ____________________________________, or at such other place
as the holder hereof may from time to time designate by written notice to Maker.

         1. Interest. Interest shall accrue on the unpaid principal balance due
under this Note at an annual rate equal to ______ percent (__%). Interest shall
accrue from and including the date of this Note until, but not including, the
day on which it is paid in full. In no event shall the interest charged
hereunder exceed the maximum rate on interest allowed from time to time by law.

         2. Payment of Note. The principal balance of and all accrued unpaid
interest on this Note shall be due and payable on demand.

         3. Prepayment. This Note may be prepaid, in whole or in part in any
time, at the option of Maker, without premium or penalty.

         4. Default, Enforcement. Upon default in payment of this Note, Payee
may pursue any and all remedies to which Payee may be entitled.

         5. Limitation of Interest. All agreements between Maker and Payee,
whether now existing or hereafter arising and whether written or oral, are
expressly limited so that in no contingency or event whatsoever, whether by
reason of advancement of the proceeds hereof, acceleration or the maturity of
the unpaid principal balance hereof, or otherwise, shall the amount contracted
for, charged, received, paid or agreed to be paid to the holder hereof for the
use, forbearance or detention of the money evidenced by this Note or for the
payment or performance of any covenant or obligation contained herein or in any
other document pertaining to the indebtedness evidenced by this Note exceed the
maximum amount permissible under applicable usury laws. If, from any
circumstance whatsoever, fulfillment of any provision hereof or of any other
agreement shall, at the time fulfillment of such provision be due, involve
transcending the limits of validity prescribed by law which a court of competent
jurisdiction may deem applicable hereto the ipso facto, the obligation to be
fulfilled shall be reduced to the limit of such validity; and if from any
circumstance the holder hereof shall ever receive as interest an amount which
would exceed the maximum lawful rate, any amount equal to any excessive interest
shall (a) be applied to the reduction of the unpaid principal balance due
hereunder and not to the payment of interest, or (b) if such excess interest
exceeds the unpaid principal balance of this Note, such excess shall be refunded
to Maker. All sums contracted for, charged or received hereunder for the use,
forbearance or detention of the indebtedness evidenced hereby


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shall, to the extent permitted by applicable law, be amortized, prorated,
allocated and spread throughout the full term of this Note until payment in full
so that the rate of interest on account of such indebtedness is uniform
throughout the term hereof. The terms and provisions of this paragraph shall
control and supersede every other provision of all agreements between Maker and
the holder hereof.

         6. Waiver. Except as otherwise expressly provided herein, Maker waives
demand, presentment for payment, notice of intent to accelerate, notice of
acceleration, notice of nonpayment or dishonor, grace, protest, notice of
protest, all other notices, and any and all diligence or delay in collection or
the filing of suit hereon.

         7. Governing Law and Venue. This Note shall be construed according to
and governed by the laws of the State of Texas. The obligations of Maker under
this Note are performable in Dallas County, Texas.

         8. Security Agreement This Note is secured by the Security Agreement
among Maker, B&B Electromatic, Inc., Golston Company, Inc., Innovative Security
Technologies, Inc. (now named Intelli-Site, Inc.) and Tri-Coastal Systems, Inc.
and Payee and Renaissance US Growth and Income Trust PLC ("RUSGIT"), dated as of
October 2, 1998, and Payee is entitled to the rights and benefits thereunder.

         9. Stock Pledge Agreement. This Note is secured by the Stock Pledge
Agreement dated as of December 31, 1996, as amended by the First Amendment to
Stock Pledge Agreement, dated May 5, 2000, among Maker, Payee and RUSGIT, and
Payee is entitled to the rights and benefits thereunder.

         10. Successors and Assigns. This Note shall bind Maker's successors and
assigns.

         11. Collection Costs. If this Note is collected by legal proceeding or
through a probate or bankruptcy court, or is placed in the hands of an attorney
for collection after default (whether or not suit is filed), Maker agrees to pay
all costs of collection and/or suit, including but not limited to reasonable
attorney's fees incurred by Payee.

         12. Unenforceability. The invalidity or unenforceability in particular
circumstances of any provision of this Note shall not extend beyond such
provision or such circumstances, and no other provision of this Note shall be
affected thereby.

         13. Headings. The paragraph headings of the sections of this Note are
inserted for convenience of reference only and shall not affect the meaning or
interpretation of this Note.

IN WITNESS WHEREOF, Maker has duly executed this Note as of the day and year
first above written.

                                      INTEGRATED SECURITY SYSTEMS, INC.

                                      BY:
                                         ---------------------------------------
                                          [Name]
                                          President and CEO

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                            Schedule to Exhibit 4.16

    This Schedule to the form of promissory note shows the date, payee, and
amount of promissory note issued by the Company that are in the format of this
form of promissory note. Each of these notes is not convertible and accrues
interest at a rate of 9% per year.

<Table>
<Caption>
          DATE                                  PAYEE                                   AMOUNT OF LOAN($)
-----------------------                -------------------------                        -----------------
<S>                          <C>                                                        <C>
August 25, 2000              Renaissance Capital Growth & Income Fund III, Inc.              100,000
August 25, 2000              Renaissance US Growth & Income Trust PLC                        100,000
September 15, 2000           Renaissance Capital Growth & Income Fund III, Inc.              100,000
September 15, 2000           Renaissance US Growth & Income Trust PLC                        100,000
September 29, 2000           Renaissance Capital Growth & Income Fund III, Inc.               50,000
September 29, 2000           Renaissance US Growth & Income Trust PLC                         50,000
</Table>