FAIRFAX, Va. – Iteris, Inc. (NASDAQ:ITI), the global leader in intelligent mobility infrastructure management, announced that it has been awarded a four-year contract by the North Carolina Department of Transportation (NCDOT), a member of The Eastern Transport Coalition (TETC) for using its ClearGuide solution to improve mobility across the state.
ClearGuide enables the analysis and visualization of traffic data to improve mobility and safety on the roads. Extensive coverage throughout North Carolina will provide NCDOT and its partner agencies with an easy-to-use dynamic service for analyzing traffic data across the state.
Under the terms of the four-year contract iteris will bring powerful ClearGuide capabilities to NCDOT, including bottleneck detection and alerts; dynamic maps to support detailed traffic analysis; Congestion detection and mitigation capabilities; animations for analyzing events and optimizing reaction plans; historical trend reports and dynamic congestion charts to track reliability and aid in planning; dashboards for monitoring trends; and simple, customizable major road analysis for a wide range of Transportation Systems Management and Operations (TSM&O) applications.
The ClearGuide solution is a key component of Iteris’ ClearMobility Platform, the world’s most comprehensive solution for continuous monitoring, visualization and optimization of mobility infrastructure. ClearMobility applies cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to ensure roads are safe, travel is efficient and communities are thriving.
“We are pleased to be able to contribute to the production North Carolinas roads safer and more efficient,” he said Scott PerleyVice President, Performance Analytics at iteris. “With ClearGuide, NCDOT can apply our technology to create real-time and historical visualizations to identify and improve problem areas.”
Around Iteris, Inc.
iteris is the world’s trusted technology ecosystem for managing intelligent mobility infrastructures. Delivered by Iteris’ ClearMobility Platform, our cloud-enabled end-to-end solutions, monitor, visualize and optimize mobility infrastructures around the world, helping to bridge outdated technology silos to unlock the future of transportation. That’s why more than 10,000 public authorities and private companies with a focus on mobility trust in iteris every day. Visit www.iteris.com for more information and join the discussion on Twitter, LinkedIn and Facebook.
Iteris Forward-Looking Statements
This press release may contain forward-looking statements, which speak only as of the date of this release and are based on our current expectations and information available to us at the time. Words such as “believe”, “anticipate”, “expect”, “intend”, “plan”, “aim”, “estimate”, “may”, “should”, “will”, “may” 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 contract awarded and the benefits and impact of our ClearGuide solution. 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 projected in the forward-looking statements as a result of various factors.
Important factors that may cause such a difference include our ability to cost-effectively provide our services and solutions; government funding and budget delays, issues and timing; the potential impact of competitors’ product and service offerings and other competitive pressures; Challenges in the development of software-based solutions in general; and the effects of influences and general economic, political, environmental and other conditions in the markets we serve. More information on Iteris, Inc.including additional risk factors that may affect our forward-looking statements, are 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 others SEC Submissions available via SECs website (www.sec.gov).
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