Three-year Project will Prepare Five Bay Area Cities for Connected
and Automated Vehicles
- MTC initiative will improve efficiency and safety of transportation
systems, as well as decrease vehicle emissions and fuel consumption
- Initiative leverages Iteris’ ITS expertise to prepare cities and
states for advancements in connected and automated vehicle technology
SANTA ANA, Calif.--(BUSINESS WIRE)--Mar. 5, 2019--
Iteris,
Inc. (NASDAQ: ITI), the global leader in applied informatics for
transportation and agriculture, today announced that it has been
selected by the Metropolitan Transportation Commission (MTC) to enhance
and upgrade the intelligent transportation systems (ITS) across five
cities in the San Francisco Bay Area.
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Iteris Selected by San Francisco Metropolitan Transportation Commission for Connected and Automated Vehicle Initiative (Graphic: Business Wire)
The three-year project supports MTC’s Innovative Deployments to Enhance
Arterials (IDEA) program, which seeks to enable the continuous
improvement of arterial operations and the enhancement of the Bay Area’s
readiness for connected and automated vehicle (CAV) technologies.
As part of the project, Iteris will provide systems engineering services
for the IDEA program, including the deployment of connected vehicle
applications, automated vehicle applications and virtual bicycle
detection technology for signal operations across 79 intersections in
Los Gatos, Emeryville, Walnut Creek, Concord and Dublin. Iteris played a
similar role in the IDEA program’s predecessor, the Next Generation
Arterial Operations Program, which deployed adaptive traffic control
systems in Dublin, Fremont, San Leandro and Hayward, as well as
enhancements to Santa Clara County’s traffic responsive system.
“MTC has been a national leader in using technology to make the Bay Area
transportation network safer, more efficient and easier to navigate,”
said Andrew Fremier, deputy executive director at MTC. “We look forward
to working with Iteris to make sure our region is prepared for the
connected and automated vehicles of the future.”
“We are proud to support MTC’s IDEA program and help to improve mobility
and safety across key intersections in these five Bay Area cities,” said
Ramin Massoumi, senior vice president and general manager,
Transportation Systems at Iteris. “Iteris’ continued involvement in the
growing connectedness of multimodal road users puts us in prime position
to prepare one of the most technologically advanced regions in the
nation for the CAV revolution.”
This project is in line with the many other CAV deployments Iteris is
working on across the United States – including smart work zones, advanced
pedestrian detection and automated
commercial vehicle inspections. Iteris also led the development and
evolution of the U.S. ITS architecture reference for over three decades,
initiating the Connected Vehicle Reference Implementation Architecture
in 2012 and continuing
to support the evolution of the combined ARC-IT for the US
Department of Transportation’s Federal Highway Administration.
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 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," “feels,” "plans," "seeks,"
"estimates," "may," “could,” “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 project and the related task orders. 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 complete each phase of the
project; government funding and budgetary issues and potential related
funding delays; 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 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).
View source version on businesswire.com: https://www.businesswire.com/news/home/20190305005325/en/
Source: Iteris, Inc.
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
