Investor Relations

Press Release

Iteris and Syngenta Partner to Provide ClearAg in Italy

Syngenta Customers First to Access ClearAg Digital Agriculture Platform in Italian

SANTA ANA, Calif.--(BUSINESS WIRE)--May 23, 2017-- Iteris, Inc. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, today announced it has entered into a partnership agreement with leading agriculture company Syngenta to provide ClearAg® with Italian language support, soil models and land surface modeling. The partnership enables Syngenta’s customers to access Iteris’ ClearAg Platform through the OptiMais service, which is part of Syngenta’s recently launched national Mais in Italy project.

“The availability of ClearAg in Italian will support our customers and affiliate partners to combine productivity and efficiency for economic, social and environmental sustainability,” said Gianluca Fusco, Head of Marketing and Technical Organization in Italy for Corn in Syngenta. “As Syngenta creates a network for farmers and partners to collaborate and promote a new way of cultivating corn, our OptiMais service will provide access to ClearAg in Italian to help farmers increase corn productivity and harvested product quality and become more competitive.”

Syngenta is the first customer to purchase a subscription to ClearAg in Italian.

“We are excited to partner with Syngenta to deliver ClearAg agronomic and environmental insights in Italy to help farmers better manage challenges in corn production,” said John Lord, Iteris’ Manager for EMEA, Agriculture and Weather Analytics. “As Syngenta’s customers consider efficient use of water, crop health and quality, harvest management, and sustainable use of agrochemicals, Iteris’ ClearAg Platform will provide critical decision support analytics for corn production operations.”

Iteris ClearAg is a leading digital agriculture platform that delivers weather, water, soil and crop health data, in addition to advisory services to growers, researchers and other agribusinesses who need accurate, location-based information available on a worldwide basis. Iteris is the only weather information and data science company to apply Land Surface Modeling (LSM) technology to agronomic problems.

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 contains 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 anticipated results, value and benefits of our agreement and future success, capabilities and benefits of our ClearAg solutions and related 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 integrate and deliver our ClearAg solution on a timely and cost-efficient basis, ability of our ClearAg solution to reduce risks and maximize yields, improve efficiency of customer’s solutions, the future adoption of technology-based analytics solutions in the agriculture market, the challenges in the development of software-based solutions generally, customer’s dedication of resources and ability to achieve market acceptance for its own products, 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).

Source: Iteris, Inc.

Syngenta Italy Contact
Gianluca Fusco, +39-334-6832655
gianluca.fusco@syngenta.com
or
Iteris Press Contact
Cindy Vuong, 949-270-9696
ctv@iteris.com
or
Iteris Investor Contact
Todd Kehrli, 323-468-2300
iti@mkr-group.com