Iteris,
Inc. (NASDAQ: ITI), the global leader in applied informatics for
transportation and agriculture, today announced that it has been
selected by the Lee Board of County Commissioners to assess new
technology and enhance intelligent transportation systems in Lee County,
Florida.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20190416005333/en/
Iteris Selected by Florida’s Lee County Department of Transportation for Connected and Autonomous Vehicle Initiative (Graphic: Business Wire)
The one-year project supports Lee County’s initiative to keep pace with
advancements in connected and autonomous vehicle (CAV) technologies to
ensure an efficient transition to future traffic management, including
understanding cybersecurity risks, forecasting technology trends and
identifying grant opportunities.
Under the terms of the contract, Iteris, with support from Gannet
Fleming, will provide a CAV technology strategic plan to assist Lee
County staff in understanding how tech companies, automotive
manufacturers, infrastructure providers and others are advancing their
products, and how Lee County can accommodate future technology to manage
congestion, improve safety and enhance CAV readiness.
“Our citizens expect the County to make prudent investments with their
tax dollars and we are going to be working alongside Iteris to develop
an actionable and cost-feasible plan to accommodate the future of
transportation technology,” said Randy Cerchie, director at the Lee
County Department of Transportation. “We look forward to using this CAV
technology strategic plan to reduce traffic congestion and improve the
safety of Lee County road users long into the future.”
“We are proud to support Lee County’s forward-thinking CAV initiative
with what will be the first local agency strategic plan of its kind in
the state of Florida,” said Moe Zarean, vice president and assistant
general manager, Transportation Systems at Iteris. “Iteris’ continued
involvement in the growing connectedness of multimodal road users
positions us well to help communities around the nation be ready for the
future and ultimately improve the safety and efficiency of our nation’s
transportation networks.”
This project is in line with several CAV deployments Iteris is working
on across the United States – including oversight
of pilot deployments, smart
work zones, advanced
pedestrian detection and automated
commercial vehicle inspections. Iteris also led the development and
evolution of the U.S. ITS architecture reference for over three decades,
initiating the Connected Vehicle Reference Implementation Architecture
in 2012 and continuing
to support the evolution of the combined ARC-IT for the US
Department of Transportation’s Federal Highway Administration.
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,” “feels,” “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 success, impact, and benefits of 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 provide our services on a cost-effective
basis; 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. 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/20190416005333/en/