Press Release
Two-year Agreement to Serve as “Launchpad” for Further Projects in “Key Strategic Market”
- Initiative will improve safety and efficiency throughout the city’s transportation network
Iteris has upgraded the transportation systems and infrastructure at the city’s intersections- Agreement included the deployment of advanced video detection technology, traffic controllers, and communications network and traffic management center upgrades
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City of College Station Selects Iteris for
The two-year initiative has already upgraded the city’s intersections to
Iteris’ industry-leading intersection management devices, including the
deployment of traffic controllers, video detection sensors, Bluetooth
and fiber-optic communications devices and systems, CCTV cameras, and
two new traffic management center video walls. The project will also
ensure the city’s transportation infrastructure is compatible with the
next generation of connected and autonomous vehicles. With the
continuation of the project,
“We are thrilled to entrust
“We are pleased to be able to work alongside the
About
Iteris Forward-Looking Statements
This release may contain forward-looking statements, which speak only as of the date hereof and are based upon our current expectations and the information available to us at this time. Words such as "believes," "anticipates," "expects," "intends," “outlooks,” “target,” "plans," "seeks," "estimates," "may," “should,” "will," "can," and variations of these words or similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements about the success and benefits of our products and services. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict, and actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.
Important factors that may cause such a difference include, but are not
limited to, our ability to successfully carry out and timely complete
the contract in a cost efficient manner; changes in the technologies or
strategies related to autonomous/connected vehicles; our product or
third party product delays and/or issues; government funding and
budgetary issues, and potential related funding delays; the impact of
general economic, political, and other conditions in the markets we
address; and the potential impact of product and service offerings from
competitors and such competitors’ patent coverage and claims. Further
information on
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Source:
Iteris Contact
David Sadeghi, 949-270-9523
dsadeghi@iteris.com
or
Investor
Relations
MKR Group, Inc.
Todd Kehrli, 323-468-2300
iti@mkr-group.com