City of College Station Selects Iteris for $1.8 Million Smart Transportation Initiative
November 27 2018 - 8:30AM
Business Wire
Two-year Agreement to Serve as “Launchpad” for
Further Projects in “Key Strategic Market”
- Initiative will improve safety and
efficiency throughout the city’s transportation network
- Iteris has upgraded the
transportation systems and infrastructure at the city’s
intersections
- Agreement included the deployment of
advanced video detection technology, traffic controllers, and
communications network and traffic management center
upgrades
Iteris, Inc. (NASDAQ: ITI), the global leader in applied
informatics for transportation and agriculture, today announced an
ongoing $1.8 million initiative with the City of College Station to
upgrade key transportation systems and infrastructure throughout
the east-central Texas city.
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City of College Station Selects Iteris
for $1.8 Million Smart Transportation Initiative (Photo: Business
Wire)
The two-year initiative has already upgraded the city’s
intersections to Iteris’ industry-leading intersection management
devices, including the deployment of traffic controllers, video
detection sensors, Bluetooth and fiber-optic communications devices
and systems, CCTV cameras, and two new traffic management center
video walls. The project will also ensure the city’s transportation
infrastructure is compatible with the next generation of connected
and autonomous vehicles. With the continuation of the project,
Iteris will be helping College Station extend its fiber
communication network and installing digital message signs (DMS)
along key corridors to get vital information to motorists during
incidents and special events such as Texas A&M football games.
This technology is critical to the movement of vehicles after each
A&M football game since the freeway system is located over a
mile away from the stadium.
“We are thrilled to entrust Iteris with the design, upgrade and
deployment of key transportation systems and infrastructure across
our city’s intersections,” said Troy Rother, traffic engineer at
the City of College Station. “As the home of Texas A&M
University, it is vital that College Station leads the way in
transportation innovation. And with Iteris’ state-of-the-art
detection and traffic management systems, residents can expect
safer, more efficient mobility, as well as the reassurance that the
city will be prepared for the next generation of connected
vehicles.”
“We are pleased to be able to work alongside the City of College
Station to provide systems to enhance safety and mobility in this
vibrant university town,” said Nader Ayoub, regional vice
president, Roadway Sensors at Iteris. “Texas is a key strategic
market for Iteris and projects like this serve as a launchpad for
statewide deployments of our advanced video detection and traffic
management technology.”
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 success and benefits of our products and 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 carry out and
timely complete the contract in a cost efficient manner; changes in
the technologies or strategies related to autonomous/connected
vehicles; our product or third party product delays and/or issues;
government funding and budgetary issues, and potential related
funding delays; 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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Iteris ContactDavid Sadeghi,
949-270-9523dsadeghi@iteris.comorInvestor RelationsMKR
Group, Inc.Todd Kehrli, 323-468-2300iti@mkr-group.com
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