Press Release
Multi-year Initiatives will Improve Traffic Management, Safety and Mobility Across the Midwest
- Initiatives leverage Iteris’ expertise to improve safety and
mobility for road users in
Nebraska ,Illinois andPennsylvania Iteris has opened a new regional office in the Chicagoland area to meet growing demand for its “intersection-as-a-service and consulting expertise”
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Iteris Expands Midwest Presence with New Smart Transportation Programs Representing Over
The multi-year programs, representing a combined increase in added
backlog of over
“Iteris is excited to expand our presence in the Midwest with these new
and extended projects, as well as the recent addition of a team of
experienced engineers with local market knowledge in the Chicagoland
area,” 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," "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 impact and benefits of our intersection-as-a-service platform and consulting 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 deliver services timely and cost
effectively; government funding and budgetary issues and delays; impact
of influences and variances of general economic, political, environment,
and other conditions; performance timing and cancellation of contracts;
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
Tel: (949) 270-9523
Email:
dsadeghi@iteris.com
Investor Relations
MKR Group, Inc.
Todd Kehrli
Tel:
(323) 468-2300
Email: iti@mkr-group.com