Iteris Awarded Florida Department of Transportation Contract for Traffic Signal Retiming Program

SANTA ANA, Calif.–(BUSINESS WIRE)–Iteris, Inc. (NASDAQ: ITI), a tellurian personality in intelligent mobility infrastructure management, currently announced that it has been awarded a five-year veteran services agreement with a roof of $5 million from a Florida Department of Transportation (FDOT) District 7 in Tampa, Florida for a informal trade vigilance retiming program, representing continued direct for Iteris’ specialized consulting services in a pivotal geographic market.

The five-year module includes vigilance coordination and timing improvements during pivotal intersections via Florida’s District 7, that houses over 1,100 signalized intersections, representing roughly 20% of signalized intersections in a state.

Under a terms of a agreement, Iteris will yield services including intersection and complement analysis, information collection and indication development, trade vigilance timing devise development, doing and evaluation, and additional trade vigilance operations services with a aim of improving trade flow, enhancing open reserve and dwindling stops.

The primary idea of this plan is to exercise optimized coordination timing skeleton to grasp optimal trade flow, and urge reserve for all highway users, including vehicles, buses, bicycles and pedestrians.

“We are unapproachable to support FDOT’s idea of improving a reserve and mobility of highway users by heading this trade vigilance retiming program,” pronounced Helmuth Arens, associate clamp boss and trade operations organisation manager, Transportation Systems during Iteris. “This beginning represents a continued enlargement of Iteris’ trade vigilance coordination services in a pivotal geographic market, and will eventually assistance to boost a value and efficacy of a region’s existent transport infrastructure, while also improving safety, atmosphere peculiarity and shortening fuel consumption.”

Iteris expects to embark a trade vigilance coordination plan immediately.

About Iteris, Inc.

Iteris is a tellurian personality in intelligent mobility infrastructure supervision – a substructure for a new epoch of mobility. We request cloud computing, synthetic intelligence, modernized sensors, advisory services and managed services to grasp safe, fit and tolerable mobility. Our end-to-end solutions monitor, daydream and optimize mobility infrastructure around a universe to assistance safeguard that roads are safe, transport is efficient, and communities thrive. Visit www.iteris.com for some-more information and join a review on Twitter, LinkedIn and Facebook.

Iteris Forward-Looking Statements

This recover might enclose forward-looking statements, that pronounce usually as of a date hereof and are formed on a stream expectations and a information accessible to us during this time. Words such as “believes,” “anticipates,” “expects,” “intends,” “plans,” “seeks,” “estimates,” “may,” “should,” “will,” “can,” and variations of these disproportion or identical expressions are dictated to brand forward-looking statements. These statements include, though are not singular to, statements about a awarded contract. Such statements are not guarantees of destiny opening and are theme to certain risks, uncertainties, and assumptions that are formidable to predict, and tangible formula could differ materially and adversely from those voiced in any forward-looking statements as a outcome of several factors.

Important factors that might means such a disproportion include, though are not singular to, a ability to broach a services in a timely and cost-effective basis; supervision appropriation and budgetary issues and delays; a impacts of ubiquitous economic, political, and other conditions in a markets we address; and a intensity impact of product and use offerings from competitors and such competitors’ obvious coverage and claims. Further information on Iteris, Inc., including additional risk factors that might impact a forward-looking statements, is contained in a Annual Report on Form 10-K, a Quarterly Reports on Form 10-Q, a Current Reports on Form 8-K, and a other SEC filings that are accessible by a SEC’s website (www.sec.gov).

Leave a Reply

Your email address will not be published. Required fields are marked *