OC 405 Partners Selects Iteris iPeMS SaaS Solution to Manage Traffic During I-405 Improvement Project
November 13 2018 - 8:30AM
Business Wire
Agreement Represents Expanded Role for Iteris
During Multi-Year, $1.9 Billion Construction Project
- Iteris iPeMS cloud-based platform
will manage construction traffic across the nation’s most heavily
traveled freeway
- Access to real-time data, historical
analysis, visualization and reporting will help improve traffic
congestion, safety and mobility for 370,000 daily southern
California drivers
- Contract represents a new use-case
and market category for Iteris’ market-leading SaaS performance
measurement system
Iteris, Inc. (NASDAQ:ITI), the global leader in applied
informatics for transportation and agriculture, today announced
that OC 405 Partners will use Iteris iPeMS® SaaS performance
measurement system as part of the I-405 Improvement Project in
southern California, supporting its traffic management operations
during construction.
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the full release here:
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OC 405 Partners Selects Iteris iPeMS SaaS
Solution to Manage Traffic During I-405 Improvement Project.
(Photo: Business Wire)
In combination with real-time and historical traffic data
from HERE Technologies – a global leader in mapping and
location platform services – iPeMS will give OC 405 Partners – the
joint venture team responsible for delivering the project – the
ability to analyze and visualize traffic data to manage traffic
congestion, safety and mobility for 370,000 daily southern
California road users for an initial 12-month period during the
construction phase of the $1.9 billion project.
Features include real-time congestion maps to support
maintenance of traffic during construction; bottleneck monitors to
identify construction-related problem areas; graphical
representations of traffic conditions to analyze events and
optimize response plans; historical trend and route reports, maps
and congestion charts to track reliability and support planning of
project detour routes in and around the cities of Costa Mesa,
Fountain Valley, Huntington Beach, Westminster and Seal Beach.
Since the I-405 Improvement project’s launch in March 2017,
Iteris has supported work on freeway intelligent transportation
system (ITS) and 405 Express Lanes infrastructure design, temporary
ITS infrastructure for use during construction, development of the
project traffic management plan, and signal design. In May 2018,
Iteris was subsequently awarded a $2.4 million contract to deploy
temporary ITS infrastructure for use during construction, bringing
total contract awards so far to $8.1 million. The I-405 Improvement
Project – undertaken by the Orange County Transportation Authority
in cooperation with the California Department of Transportation –
is one of the largest transportation infrastructure projects in the
nation. The multi-year improvement project will be completed in
2023.
“We are excited to further expand our role in this vital
initiative that will ultimately make roads safer and more efficient
for residents and commuters in Orange County and the Los Angeles
County area,” said Scott Perley, vice president, Transportation
Systems at Iteris. “Iteris iPeMS will provide real-time and
historical traffic data that will offer actionable insights to
support safe mobility and traffic management operations during the
construction phase of this historic project.”
Government agencies and municipalities throughout North America,
including California, Utah, Virginia, Oregon, and Toronto, use
Iteris iPeMS to manage, measure and optimize complex transportation
networks.
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,"
"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 timing and budget for the
project, and impact and benefits of the iPeMS solution to support
traffic management operations for the project. 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
issues and delays; impact of influences and variances of general
economic, political, environment, and other conditions; 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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version on businesswire.com: https://www.businesswire.com/news/home/20181113005459/en/
IterisDavid SadeghiTel: (949) 270-9523Email:
dsadeghi@iteris.comorInvestor RelationsMKR Group, Inc.Todd
KehrliTel: (323) 468-2300Email: iti@mkr-group.com
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