Iteris Expands Midwest Presence with Two Contracts for Regional Smart Mobility Initiatives
August 01 2023 - 7:30AM
Business Wire
Multi-year initiatives will improve traffic
management, safety and mobility in key Midwest cities Indianapolis
and Kansas City
Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology
ecosystem for smart mobility infrastructure management, today
announced that it has been awarded contracts for smart mobility,
safety and sustainability projects by two agencies in the Midwest:
Indianapolis Metropolitan Planning Organization (IMPO) and
Mid-America Regional Council (MARC). These projects represent
expanded Midwest operations due to continued demand in the
region.
Under the terms of the first contract with IMPO, Iteris will
update the Indianapolis ITS Architecture to reflect current ITS
systems and services provided in the Indianapolis region. The
project will include stakeholder engagement to identify the current
and planned elements and provide updated architecture content. In
addition, Iteris will provide an analysis of regional
transportation operations and the potential of a Transportation
Systems Management and Operations (TSM&O) Program.
Under the second contract with MARC, Iteris will provide traffic
engineering and signal timing services for the Operation Green
Light Program, an effort to improve the operation of traffic
signals on major routes throughout 27 agencies in the Kansas City
area. This two-year agreement involves identifying innovative
traffic signal retiming techniques to improve safety and mobility,
reducing stops and traffic congestion, and increasing
sustainability. Through minimizing delays and stops on key
corridors, Operation Green Light will help reduce emissions that
contribute to ground-level ozone, which is the Kansas City area’s
main air pollutant.
“Iteris is excited to expand our presence in the Midwest with
these new projects,” said Cliff Heise, regional vice president,
mobility professional services at Iteris. “We are pleased to apply
our extensive ITS architecture and signal timing expertise to help
both the Indianapolis and Kansas City areas increase the safety,
efficiency and sustainability of their transportation
networks.”
About Iteris, Inc.
Iteris is the world’s trusted technology ecosystem for smart
mobility infrastructure management. Delivered through Iteris’
ClearMobility® Platform, our cloud-enabled end-to-end solutions
monitor, visualize and optimize mobility infrastructure around the
world, and help bridge legacy technology silos to unlock the future
of transportation. That’s why more than 10,000 public agencies and
private-sector enterprises focused on mobility rely on Iteris every
day. 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,"
"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 awarded contracts and
impacts and benefits of our 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 deliver services
timely and cost effectively; government funding and budgetary
scheduling, issues and delays; potential adverse impacts from
general economic, political, environment, and other conditions in
the markets we address; performance timing and cancellation of
contracts; and the potential impact of product and service
offerings from competitors. 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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version on businesswire.com: https://www.businesswire.com/news/home/20230801176472/en/
Media Contact Breanna Wallace Tel: (949) 996-5348 Email:
brwallace@iteris.com Investor Relations MKR Investor
Relations, Inc. Todd Kehrli Tel: (213) 277-5550 Email:
iti@mkr-group.com
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