Iteris Awarded Strategic Planning and Traffic Signal Timing Projects from City of Modesto
SANTA ANA, Calif.--(BUSINESS WIRE)--Jun 18, 2019--
Iteris, Inc. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, today announced that it has been awarded two new contracts to develop a transportation technology strategic plan and improve traffic signal synchronization for the City of Modesto.
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Iteris Awarded Strategic Planning and Traffic Signal Timing Projects from City of Modesto (Photo: Business Wire)
The two one-year projects include the development of a citywide transportation technology master plan, as well as signal coordination and timing improvements.
Iteris is assisting the City of Modesto to evaluate and make recommendations to improve the city’s existing traffic signal system infrastructure, which includes the advanced traffic management system, closed-circuit television camera system, communications network and topology, traffic signals, and the various application platforms that are often used to manage this infrastructure. The focus is to provide an intelligent traffic management system that will improve air quality, traffic flow and overall pedestrian/citizen safety in the city while making recommendations for the improvements to the City’s intelligent transportation systems (ITS) infrastructure. The deployment plan organizes the selected strategies into specific projects to be deployed in a prioritized and phased manner.
The ultimate goal of the traffic signal synchronization project is to generate optimal timing plans for each of the 156 intersections located outside the downtown area. By properly timing the intersections and implementing optimized time-of-day plans, this project will balance capacity and flow to reduce vehicular stops through the system and facilitate movement of all modes of transportation during peak hours. This project will ensure local residents and visitors have a pleasant experience when navigating through the City of Modesto, whether in a passenger vehicle, on transit, by bicycle, or on foot.
“We are proud to support the City of Modesto’s goal of improving the safety and mobility of its road users by embarking on this strategic plan and traffic signal synchronization project,” said Scott Carlson, vice president and assistant general manager, Transportation Systems at Iteris. “This initiative represents the continued expansion of Iteris’ planning and traffic signal coordination services in California, and will ultimately help to increase the value and effectiveness of the region’s existing transportation infrastructure, while also improving air quality and reducing fuel consumption.”
Work is currently underway on both projects, which follow traffic signal synchronization programs with the Orange County Transportation Authority and the San Bernardino County Transportation Authority, and related ITS programs across California and Texas that focus on improving mobility and safety along arterials in some of the most congested cities.
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 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,” “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 awarded projects. 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 provide the services and deliverables on a cost-effective basis; government funding and budgetary issues, and potential impacts related funding delays; changes in requirements to upgrade the traffic signal infrastructure; availability of resources, such as components and equipment necessary to perform the work for the projects; 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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CONTACT: Iteris Contact
Tel: (949) 270-9523
MKR Investor Relations, Inc.
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
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SOURCE: Iteris, Inc.
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PUB: 06/18/2019 08:30 AM/DISC: 06/18/2019 08:31 AM