Press Release
Extendable Five-year Agreement Provides Operations Services and Staff for Tampa Bay SunGuide Center in Florida DOT’s District 7
- Deal represents expansion of company’s operations services business in a key geographic market
- Florida DOT embraces “proactive operations culture” for District 7 RTMC, with the aim of improving safety and efficiency of transportation system
Under the terms of the sub-contract, with
Tasks may also include integrating future
“FDOT is demonstrating its commitment to improving traffic safety and
efficiency in this key part of the state,” said Moe Zarean, vice
president and assistant general manager, eastern region, Transportation
Systems at
Iteris’ Transportation Systems business unit provides public and private entities, including local city agencies, counties, institutions and state DOTs, comprehensive TMC solutions, encompassing everything from design concept to installation, configuration and staffing.
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 success and benefits of the awarded project and future opportunities related to it. 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 deliver operations services and staff in a
timely and cost-effective basis; state agency budgeting constraints,
delays and re-allocations related to an awarded project; timing of
anticipated task orders issued under an awarded project; and the impacts
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20180612005513/en/
Source:
Iteris Contact
David Sadeghi, 949-270-9523
dsadeghi@iteris.com
or
Investor
Relations
MKR Group, Inc.
Todd Kehrli, 323-468-2300
iti@mkr-group.com