Press Release
- Deal represents milestone in Iteris’ strategic focus on geographical expansion in one of the “largest, most progressive and influential” national transportation markets
- Products help to reduce speed, injuries and accidents for drivers, pedestrians and other vulnerable road users
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Iteris Announces Agreement to Distribute TAPCO Intelligent Warning Systems in
The deal spans TAPCO’s complete offering of IWS solutions, which includes solar-powered and LED-enhanced systems for pedestrian crosswalks, stop sign intersections, work zones, parking facilities and more. TAPCO’s popular BlinkerChevron™ Dynamic Curve Warning System will also be offered as part of the agreement, along with its innovative wrong-way driving prevention solutions.
“TAPCO’s range of advanced roadway technology complements our own
offerings and will position us to deliver end-to-end solutions in a key
strategic market for Iteris,” says
“TAPCO intelligent warning systems have become widely used throughout
the state of
About TAPCO
As an industry-leading innovator, TAPCO manufactures and distributes a wide portfolio of traffic and parking safety solutions designed to increase safe travels for all. Since 1956, we have set the standard for delivering reliable, cutting-edge traffic safety enhancements. From our world-renowned line of LED-enhanced BlinkerSign® solutions to our pedestrian crossing products, safety is at the heart of all TAPCO innovations.
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," "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 anticipated results and benefits of our agreement and our future success and benefits in connection with third party product offerings. 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 timely and on a cost-efficient basis offer
for sale, deliver and support third party products in
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Source:
Iteris Contact
David Sadeghi, (949) 270-9523
dsadeghi@iteris.com
or
Iteris
Investor Relations
MKR Group, Inc.
Todd Kehrli, (323)
468-2300
iti@mkr-group.com
or
TAPCO
Contact
Steve Paulus, (262) 649-4459
steve.paulus@tapconet.com