Press Release
Project Focuses on Smarter Mobility Solutions in Heavily Traveled
Platinum Triangle in
This initial ICM project will integrate freeway and arterial operations
along the
“Safe and efficient mobility is at the core of intelligent
transportation projects
The Platinum Triangle confluence of corridors ranked as having the
highest vehicle hours of delay in 2012, along with the highest
concentration of special events. The special event locations include
Iteris’ Transportation group provides advanced design, real-time data and analytics, and actionable informatics to safely improve mobility within communities and ready the roadways for connected/autonomous vehicles in smart cities.
About
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
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 success, impact and benefits of the awarded contract and the ICM project. 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 integrate and deliver
effectively; future success of intelligent transportation systems;
government funding and budgetary issues and potential related scheduling
and funding delays; impact of influences and variances of general
economic, political, environment and other conditions; and the potential
impact of product and service offerings from competitors and such
competitors’ patent coverage and claims. Further information on
View source version on businesswire.com: http://www.businesswire.com/news/home/20161026005502/en/
Source:
Iteris Contact
Tom Roberts, (949) 270-9572
tlr@iteris.com
or
Iteris
Investor Contact
Todd Kehrli, (323) 468-2300
iti@mkr-group.com