Iteris Introduces Multi-Level Cloud-Enabled Managed Services to Optimize Traffic Detection

Rhea-AI Summary

Iteris, Inc. (NASDAQ: ITI) introduces VantageCare®, a cloud-enabled managed service program to optimize traffic detection technologies for transportation agencies. The program offers three plans - Standard, Maintenance Assist, and Performance Assist - to provide increasing levels of support and features for efficient, safe, and reliable travel through intersections. VantageCare is compatible with Vantage Next®, Vantage Apex®, and VantageRadius® detection systems and is a key component of Iteris’ ClearMobility® Platform.

New VantageCare® program will provide industry-leading product support and intersection optimization to transportation agencies

AUSTIN, Texas--(BUSINESS WIRE)-- Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced the latest evolution of VantageCare®, a comprehensive product support program that assists transportation agencies in optimizing their Iteris traffic detection technologies to manage the overall intersection.

Iteris Introduces Multi-Level Cloud-Enabled Managed Services to Optimize Traffic Detection (Graphic: Business Wire)

VantageCare is now offered as a cloud-enabled managed service that helps agencies maximize their traffic detection investments and ensure efficient, safe and reliable travel through intersections. Structured into three distinct plans—Standard, Maintenance Assist, and Performance Assist—the program will offer increasing levels of support and features that allow agencies of all sizes and resources to make the most out of their intersection management infrastructure.

Effective immediately, all Vantage detection customers have been enrolled in the Standard plan of VantageCare, building upon Iteris’ already industry-leading support and making it more accessible than ever. Agencies will also have the choice to upgrade to Maintenance Assist or Performance Assist to leverage data, software, and connectivity for new, enhanced support offerings for proactive maintenance and improved operations.

VantageCare is compatible with Vantage Next®, Vantage Apex® and VantageRadius® detection systems and is a key component of Iteris’ ClearMobility® Platform, the most complete solution to continuously monitor, visualize and optimize mobility infrastructure to help ensure roads are safe, travel is efficient, and communities thrive. The ClearMobility Platform applies cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to achieve safe, efficient and sustainable mobility.

“We are thrilled to announce a major expansion of VantageCare that will help traffic agencies improve traffic flow, operational efficiency, and public safety,” said Mark Nogaki, senior vice president of sales at Iteris. “Indeed, our enhanced VantageCare program builds upon our exceptional product support with new services and advanced analytics that will improve intersection maintenance and operations.”

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," “feels,” "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 features, capabilities and benefits of our VantageCare 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 provide our services in a cost-efficient manner; our ability to introduce, market and gain broad acceptance of our new and existing product and service offerings in the transportation industry; the potential impact of product and service offerings from competitors and other competitive pressures; challenges in the development of software-based solutions generally; and the impact of general economic, political and other conditions in the markets we address. 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).

View source version on businesswire.com: https://www.businesswire.com/news/home/20231206790910/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

Source: Iteris, Inc.

FAQ

What is VantageCare® and what does it offer transportation agencies?

VantageCare® is a cloud-enabled managed service program introduced by Iteris, Inc. (NASDAQ: ITI) to optimize traffic detection technologies for transportation agencies. It offers three plans - Standard, Maintenance Assist, and Performance Assist - providing increasing levels of support and features for efficient, safe, and reliable travel through intersections.

What are the compatible detection systems for VantageCare®?

VantageCare® is compatible with Vantage Next®, Vantage Apex®, and VantageRadius® detection systems.

What is the ClearMobility® Platform and how does VantageCare® relate to it?

The ClearMobility® Platform is Iteris’ comprehensive solution to continuously monitor, visualize, and optimize mobility infrastructure. VantageCare® is a key component of the platform, applying cloud computing, artificial intelligence, advanced sensors, advisory services, and managed services to achieve safe, efficient, and sustainable mobility.

What are the key features of the VantageCare® program?

The VantageCare® program offers new services and advanced analytics to improve intersection maintenance and operations for traffic agencies, helping to improve traffic flow, operational efficiency, and public safety.