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Iteris, Inc. (NASDAQ: ITI) is a global front-runner in applied informatics, particularly within the transportation and agriculture sectors. The company specializes in transforming vast amounts of data into actionable insights that drive significant advancements. By collecting, aggregating, and analyzing information on traffic, roads, weather, water, soil, and crops, Iteris provides precise informatics that enhance safety in transportation and promote smarter farming practices.
Municipalities, government agencies, crop science companies, farmers, and agronomists worldwide rely on Iteris' solutions to make roads safer, travel more efficient, and farmlands more sustainable, healthy, and productive. The company's extensive portfolio includes smart mobility infrastructure management solutions such as traveler information systems, transportation performance measurement software, traffic analytics software, transportation operations software, and advanced sensing devices.
Iteris offers cloud-enabled, end-to-end solutions that empower public transportation agencies, municipalities, commercial entities, and other transportation infrastructure providers to monitor, visualize, and optimize mobility infrastructure. This leads to safer, more efficient, and sustainable transportation for all. Among its software solutions are ClearGuide, ClearRoute, Commercial Vehicle Operations, BlueArgus, and TrafficCarma.
Recently, Iteris has made significant strides in enhancing its offerings and expanding its market presence. The company has formed strategic partnerships and launched innovative projects that leverage cutting-edge technology to address emerging needs in both transportation and agriculture sectors. Financially, Iteris continues to show solid performance, reflecting its robust business model and commitment to delivering high-value solutions.
For more information, visit www.iteris.com.
Iteris, Inc. has secured a
The partnership aims to enhance operational efficiency by consolidating over 15,000 Intelligent Transportation System (ITS) assets and adding an estimated 12,000 signal assets across 3,200 intersections. Iteris will also manage asset performance, contractor performance, and lifecycle analysis, ultimately improving traffic management and sustainability in Virginia.
Iteris, Inc. (NASDAQ: ITI) is set to participate in the EF Hutton Global Conference on May 10-11, 2023, at The Plaza Hotel in New York City. The company's President and CEO, Joe Bergera, along with CFO Kerry Shiba, will host one-on-one investor meetings on May 11.
Iteris is recognized for its innovative ClearMobility® Platform, providing cloud-enabled solutions for smart mobility infrastructure management. Trusted by over 10,000 public agencies and enterprises, Iteris aims to enhance mobility through cutting-edge technology.
For inquiries or to schedule meetings, contact your EF Hutton representative or reach out to MKR Investor Relations at ITI@mkr-group.com.
Iteris has secured a four-year contract with the Minnesota Department of Transportation for the $377 million I-494 Improvement Project. The initiative aims to enhance traffic management around the Minneapolis area, focusing on the I-494 corridor leading to the Minneapolis−Saint Paul International Airport. Key features include the installation of new E-Z Pass HOV lanes, the reconstruction of multiple interchanges, and the building of new bridges and retaining walls. Iteris will employ its ClearGuide® SaaS solution to monitor traffic flow and mitigate delays during construction. This project represents the third use of ClearGuide for performance-based traffic management in highway projects. The goal is to improve safety and mobility in a region that has seen rising roadway accidents, particularly in work zones.
Iteris, Inc. (NASDAQ: ITI) has been awarded a five-year contract valued at up to $10 million by the National Highway Institute to enhance transportation safety through comprehensive training programs. The project will leverage the expertise of Iteris in modern intersection design and federal aid systems, improving the skills of transportation professionals at various government levels across the United States.
Iteris has a long-standing partnership with NHI, dating back to 2002, having developed over 20 courses and conducted more than 1,000 instructional sessions. The training will utilize best practices and real-world applications to foster safer transportation systems nationwide.
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