A sensor system enables a direct communication from a current modulated two-wire sensor or a speed sensor module to a TTL or CMOS processor. A magnetic speed sensor provides a current modulated signal directly to an input/output (I/O) pin of the TTL or CMOS processor, which is able to read TTL or CMOS levels of I/O signals thereat. A current to voltage converter converts the current modulate signal to a voltage modulated signal as an I/O signal that is directly read by the TTL or CMOS processor without additional components or elements.