Press Release
New Initiative will Improve Traffic Flow in Chicago Suburban Areas
- Project leverages Iteris’ traffic signal operations expertise to support Illinois’ goal of improving the safety and mobility for the state’s road users
- Initiative will improve coordination and safety of various traffic signal systems throughout six counties in IDOT District One
- Program continues recent Midwest expansion following new multi-year initiatives in
Nebraska ,Iowa ,Ohio and the Chicagoland area
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The five-year project includes signal coordination and timing improvements at various locations in IDOT’s District One. The project involves six counties –
Under the project agreement,
“We are proud to support IDOT’s goal of improving the safety and mobility of Illinois’ road users by embarking on this traffic signal synchronization project,” said
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 awarded project and the impact and benefits of our 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 provide the services and deliverables on a cost-effective basis; government funding and budgetary issues; potential impacts related to funding delays and lack of funding availability; availability of resources, such as components and equipment necessary to perform the work for the project; 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:
Media Contact
David Sadeghi
Tel: (949) 270-9523
Email: dsadeghi@iteris.com
Investor Relations
MKR Investor Relations, Inc.
Todd Kehrli
(323) 468-2300
Email: iti@mkr-group.com