Investor Relations

Press Release

Iteris ClearAg to Power AgSpace Contour Platform

ClearAg Smart Content and Visualization Components Will Integrate With AgSpace’s Contour Platform to Enrich Agronomic Decision Support

  • First-of-its-kind dashboard will help agronomists make better decisions and growers maximize food production
  • Deal represents new “state-of-the-science” application of ClearAg components and API into custom-built, user-friendly interface
  • AgSpace customers now able to leverage ClearAg “smart content” in Europe and Africa

SANTA ANA, Calif.--(BUSINESS WIRE)--Jan. 31, 2018-- Iteris, Inc. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, and AgSpace Agriculture Ltd. (AgSpace), today announced the integration of ClearAg® data visualization components into AgSpace’s Contour Platform. AgSpace customers can now leverage ClearAg agronomic content for western and central Europe, and Africa.

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Iteris ClearAg to Power AgSpace Contour Platform (Photo: Business Wire)

Iteris ClearAg to Power AgSpace Contour Platform (Photo: Business Wire)

”AgSpace has specific expertise in the management and processing of radar data, and fusing our strength with Iteris’ comprehensive weather data gives farmers a new and improved view of their crops’ performance,” said Vincent Gillingham, director at AgSpace. “The availability of ClearAg content in our Contour Platform enables us to better support the IPF and SoilQuest precision farming brands servicing 4,000 farms throughout the UK, Europe and Africa.”

AgSpace provides cutting-edge web solutions for the modern farming market and, in addition to its Contour Platform, delivers agronomic services to growers, local and international agribusinesses, and research institutes.

As a result of connecting farmers around the world with leading agribusinesses and research institutes, AgSpace helps ag continue to develop the agronomy tools of the future so growers can maximize food production.

“We recognize the need for both localized and state-of-the-science agronomic and environmental content for producers all over the world,” said Jim Chambers, senior vice president and general manager, Agriculture and Weather Analytics at Iteris. “We are excited to provide premium ClearAg content to AgSpace platform subscribers so they can better manage crop production operations. From fertilizer planning to spray planning and crop recording, ClearAg’s smart content can help producers improve operations and maximize yield.”

About Iteris, Inc.

Iteris is the global leader in applied informatics for transportation and agriculture, turning big data into big breakthrough solutions. We collect, aggregate and analyze data on traffic, roads, weather, water, soil and crops to generate precise informatics that lead to safer transportation and smarter farming. Municipalities, government agencies, crop science companies, farmers and agronomists around the world use our solutions to make roads safer and travel more efficient, as well as farmlands more sustainable, healthy and productive. Visit www.iteris.com for more information and join the conversation on Twitter, LinkedIn and Facebook.

Iteris Forward-Looking Statements

This release contains 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, value and benefits of our agreement and future success, capabilities and benefits of our ClearAg content and related 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 integrate and deliver our ClearAg solution on a timely and cost-efficient basis; ability of our ClearAg solution to reduce risks and maximize yields and improve efficiency of customer’s solutions; the future adoption of technology-based analytics solutions in the agriculture market; challenges in the development of software-based solutions generally; customer’s dedication of resources and ability to achieve market acceptance for its own products; and the potential impact of product and service offerings from competitors and such competitors’ patent coverage and claims. Further information on Iteris, Inc., including additional risk factors that may affect our forward looking statements, is contained in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, our Current Reports on Form 8-K, and our other SEC filings that are available through the SEC’s website (www.sec.gov).

Source: Iteris, Inc.

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
AgSpace Contact
Vincent Gillingham
(+44) 7905266403
vince.gillingham@ag-space.com