Iteris Receives $3.75 Million Contract from San Francisco Bay Area Metropolitan Transportation Commission
Iteris (NASDAQ: ITI) has been awarded a $3.75 million contract by the Metropolitan Transportation Commission (MTC) for ongoing operational support in the San Francisco Bay Area. The contract extends Iteris' partnership with MTC for three additional years, continuing to provide the 511 SF Bay Interactive Voice Response (IVR) phone system and operations support services for the nine-county region.
This new contract builds on Iteris' existing relationship with MTC, following a four-year, $13.3 million contract extension awarded last year for 511 and Express Lanes operational staffing services. Iteris, a leader in traveler information services, has implemented seven statewide and regional systems across the nation, providing essential traffic and incident data to assist travelers in making informed routing decisions.
Iteris (NASDAQ: ITI) ha ricevuto un contratto di 3,75 milioni di dollari dalla Commissione dei Trasporti Metropolitana (MTC) per supporto operativo continuo nell' Area della Baia di San Francisco. Il contratto estende la partnership di Iteris con il MTC per tre anni aggiuntivi, continuando a fornire il sistema telefonico di risposta interattiva vocale (IVR) 511 SF Bay e servizi di supporto operativo per la regione dei nove contea.
Questo nuovo contratto si basa sulla relazione esistente di Iteris con il MTC, dopo un contratto di estensione di quattro anni da 13,3 milioni di dollari assegnato lo scorso anno per i servizi di personale operativo 511 e Lanes Express. Iteris, leader nei servizi di informazione per i viaggiatori, ha implementato sette sistemi statali e regionali in tutto il paese, fornendo dati essenziali sul traffico e sugli incidenti per assistere i viaggiatori nel prendere decisioni di itinerario informate.
Iteris (NASDAQ: ITI) ha sido adjudicada un contrato de 3,75 millones de dólares por la Comisión de Transporte Metropolitano (MTC) para el apoyo operativo continuo en el Área de la Bahía de San Francisco. El contrato amplía la asociación de Iteris con el MTC por tres años adicionales, continuando con la provisión del sistema de respuesta interactiva de voz (IVR) 511 SF Bay y los servicios de soporte operativo para la región de nueve condados.
Este nuevo contrato se basa en la relación existente de Iteris con el MTC, tras una extensión de contrato de cuatro años por 13,3 millones de dólares otorgada el año pasado para los servicios de personal operativo de 511 y Lanes Express. Iteris, líder en servicios de información para viajeros, ha implementado siete sistemas estatales y regionales en todo el país, proporcionando datos esenciales sobre el tráfico y incidentes para ayudar a los viajeros a tomar decisiones informadas sobre sus rutas.
Iteris (NASDAQ: ITI)는 메트로폴리탄 교통 위원회(MTC)로부터 375만 달러 계약을 체결하여 샌프란시스코 만 지역의 지속적인 운영 지원을 받게 되었습니다. 이 계약은 Iteris와 MTC의 파트너십을 추가 3년 연장하여 511 SF Bay 인터랙티브 음성 응답(IVR) 전화 시스템 및 9개 카운티 지역의 운영 지원 서비스를 제공하는 것입니다.
이번 새로운 계약은 지난해 511 및 익스프레스 레인 운영 인력을 위한 4년, 1,330만 달러 계약 연장에 이어 Iteris와 MTC의 기존 관계를 발전시키는 것입니다. 여행자 정보 서비스의 선두주자인 Iteris는 국가 전역에 걸쳐 7개의 주 및 지역 시스템을 구현하여 여행자들이 정보에 입각한 경로 결정을 내리는 데 필요한 중요한 교통 및 사고 데이터를 제공합니다.
Iteris (NASDAQ: ITI) a été attribué un contrat de 3,75 millions de dollars par la Commission des Transports Métropolitains (MTC) pour un soutien opérationnel continu dans la région de la baie de San Francisco. Le contrat prolonge le partenariat d'Iteris avec le MTC pour trois années supplémentaires, continuant à fournir le système de réponse vocale interactive (IVR) 511 SF Bay et des services de support opérationnel pour la région des neuf comtés.
Ce nouveau contrat s'appuie sur la relation existante d'Iteris avec le MTC, suite à une prolongation de contrat de quatre ans d'un montant de 13,3 millions de dollars accordée l'année dernière pour les services de personnel opérationnel 511 et des voies Express. Iteris, un leader des services d'information aux voyageurs, a mis en œuvre sept systèmes au niveau national et régional, fournissant des données de trafic et d'incidents essentielles pour aider les voyageurs à prendre des décisions éclairées en matière de trajets.
Iteris (NASDAQ: ITI) hat einen Vertrag über 3,75 Millionen Dollar von der Metropolitan Transportation Commission (MTC) erhalten, um fortlaufende operative Unterstützung im San Francisco Bay Area zu leisten. Der Vertrag verlängert die Partnerschaft von Iteris mit der MTC um drei weitere Jahre und setzt die Bereitstellung des 511 SF Bay Interaktive Sprachantwort (IVR) Telefonsystems sowie der Betriebssupportdienste für die Neun-County-Region fort.
Dieser neue Vertrag baut auf der bestehenden Beziehung von Iteris zur MTC auf und folgt einer Vertragsverlängerung über vier Jahre und 13,3 Millionen Dollar, die im letzten Jahr für die 511 und Express Lane Personalservices vergeben wurde. Iteris, ein führendes Unternehmen im Bereich der Reiseinformationen, hat landesweit sieben staatliche und regionale Systeme implementiert, die entscheidende Verkehrsdaten und Vorfallinformationen bereitstellen, um Reisenden zu helfen, informierte Routenentscheidungen zu treffen.
- Secured a $3.75 million contract from MTC for 511 SF Bay operations
- Extended partnership with MTC for three additional years
- Continues to provide 511 SF Bay IVR phone system and support services
- Previously awarded a $13.3 million contract extension for related services
- Established as a nationwide leader in traveler information services
- None.
Iteris will provide managed services that support 511 traveler information operations region-wide
Iteris Receives
Iteris has been providing MTC’s 511 Traveler Information telephone system since 2016 and this new contract for the 511 SF Bay Interactive Voice Response (IVR) phone system and operations support services continues the partnership for three additional years. Under the terms of the new contract, Iteris will continue to provide the 511 SF Bay phone service as well as operations support services for the nine-county region.
Iteris is also MTC’s go-to provider for 511 and Express Lanes operational staffing services, for which it was awarded a four-year,
With seven statewide and regional systems implemented across the nation, Iteris is a nationwide leader in traveler information services, which provide essential, up-to-the-minute traffic and incident data to assist travelers in making informed routing decisions.
“We’re proud of our successful partnership with the Metropolitan Transportation Commission and very excited to be continuing it,” said Dr. Moe Zarean, general manager, mobility operations services at Iteris. “The 511 SF Bay phone system is integral to providing information to the traveling public, and we’re committed to delivering the highest level of service to MTC’s travelers while continuing to improve operational performance, mobility and sustainability these next three years.”
About Iteris, Inc.
Iteris is the world’s trusted technology ecosystem for smart mobility infrastructure management. Delivered through Iteris’ ClearMobility® Platform, our AI-powered 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," “could,” “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 contract and capabilities and benefits of our 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 deliver our services timely and in a cost-efficient manner; government funding and budgetary issues and delays; project performance timing; impact of influences and variances of general economic, political, environment, and other conditions in the markets we address; and the potential impact of product and service offerings from competitors and other competitive pressures. 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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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: todd@mkrir.com
Source: Iteris, Inc.
FAQ
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