New Architecture Merges Connected Vehicle Architecture with Intelligent Transportation Systems Framework to Assure Regulatory Compliance

SANTA ANA, Calif.--(BUSINESS WIRE)--Jul. 12, 2017-- Iteris, Inc. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, announced that the USDOT's Intelligent Transportation Systems (ITS) Joint Program Office has released the Iteris-led updated version of the ITS National Reference Architecture that fully incorporates the connected vehicle capabilities from the Connected Vehicle Reference Implementation Architecture (CVRIA) into the Architecture Reference for Cooperative and Intelligent Transportation (ARC-IT). Thus, both architectures have been completely replaced by ARC-IT, which will provide a unifying framework that covers ITS comprehensively, including Connected Vehicle and traditional infrastructure ITS capabilities.

“Transportation is in the midst of a substantial shift, as vehicle connectivity and autonomy is explored,” said Ramin Massoumi, senior vice president and general manager of Transportation Systems at Iteris. “Combining the architectures provides one reference architecture for all of ITS in the United States with more breadth and depth than was available before.”

Iteris has led the development and evolution of National ITS Architecture for over 20 years, and initiated the CVRIA in 2012. Combining the two architectures into ARC-IT will streamline the vehicle to infrastructure communications guidelines as transportation use changes become more prevalent. Having a reliable framework can also streamline funding, leading to repeatable deployments.

The CVRIA website will remain online through the life of the USDOT’s Connected Vehicle pilots, to serve as a reference for those projects. The architecture team next will be offering a pair of public workshops, where users can explore ARC-IT and its updated software tools (RAD-IT, SET-IT) in detail.

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.

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 success and benefits of the updated reference architecture and reliability and effectiveness of a unifying framework of the two architectures. 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, changes in the vehicle connectivity and autonomy technologies; acceptance and use of the combined framework by USDOT’s ITS; 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).

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Source: Iteris, Inc.

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