Press Release
Agreement Represents Expanded Role for Iteris During Multi-Year,
Iteris iPeMS cloud-based platform will manage construction traffic across the nation’s most heavily traveled freeway- Access to real-time data, historical analysis, visualization and
reporting will help improve traffic congestion, safety and mobility
for 370,000 daily southern
California drivers - Contract represents a new use-case and market category for Iteris’ market-leading SaaS performance measurement system
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OC 405 Partners Selects Iteris iPeMS SaaS Solution to
In combination with real-time and historical traffic data from HERE
Technologies – a global leader in mapping and location platform
services – iPeMS will give OC 405 Partners – the joint venture team
responsible for delivering the project – the ability to analyze and
visualize traffic data to manage traffic congestion, safety and mobility
for 370,000 daily southern California road users for an initial 12-month
period during the construction phase of the
Features include real-time congestion maps to support maintenance of
traffic during construction; bottleneck monitors to identify
construction-related problem areas; graphical representations of traffic
conditions to analyze events and optimize response plans; historical
trend and route reports, maps and congestion charts to track reliability
and support planning of project detour routes in and around the cities
of
Since the I-405 Improvement project’s launch in
“We are excited to further expand our role in this vital initiative that
will ultimately make roads safer and more efficient for residents and
commuters in
Government agencies and municipalities throughout
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 timing and budget for the project, and impact and benefits of the iPeMS solution to support traffic management operations for the 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 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; 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: https://www.businesswire.com/news/home/20181113005459/en/
Source:
Iteris
David Sadeghi
Tel: (949) 270-9523
Email: dsadeghi@iteris.com
or
Investor
Relations
MKR Group, Inc.
Todd Kehrli
Tel: (323)
468-2300
Email: iti@mkr-group.com