07.11.2019 14:30:00
|
Iteris Extends 511 Traveler Information System Programs for Five Departments of Transportation
Iteris, Inc. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, today announced that five departments of transportation (DOT) have extended their contracts to continue Iteris’ service of their 511 traveler information systems. Georgia DOT, Montana DOT, Kansas DOT, West Virginia DOT and the Riverside County Transportation Commission have renewed Iteris’ 511 services in contracts totaling more than $1.5 million.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191107005348/en/
Iteris Extends 511 Traveler Information System Programs for Five Departments of Transportation (Photo: Business Wire)
The awards strengthen Iteris’ position as a nationwide leader in 511 traveler information systems, with implementations of 11 statewide and regional systems across the U.S., supporting over 60 million combined interactions and 7.9 million individual Interactive Voice Response (IVR) phone calls in the past year alone.
Under the terms of the agreements, Iteris will upgrade, operate and maintain all five systems, which provide traffic, road and weather conditions, as well as upgrade Georgia DOT and Montana DOT’s enhanced, state-of-the-art suite of mobile apps. A partial listing of new features and enhancements to the Georgia DOT and Montana DOT systems will include: situational events, whereby a snapshot from a nearby camera is now included to provide users with a complete view; as well as weather integration, favorites and best available route support features. Georgia DOT’s mobile apps will also feature Waze crowdsourcing, whereby users will be able to view Waze events and switch seamlessly between the Waze and 511 apps. While the Montana DOT’s new mobile apps will support a look-ahead feature that notifies users of upcoming incidents or construction along their route. Additionally, Iteris’ roadway management system will allow Montana DOT to manage and monitor traffic and route conditions, events, construction and assets from within their facilities and in the field.
"Iteris is proud to have been the trusted provider of 11 traveler information systems nationwide, and we are excited to extend and expand that role with these five highly visible customer renewals,” said Moe Zarean, vice president and assistant general manager at Iteris. "We are committed to continuing to deliver the highest level of service to our state and county 511 systems and their citizens, while providing unparalleled solutions configured to each agency’s unique needs.”
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," "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 contract awards and the performance, functionality and utility of our 511 traveler information system. 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 provision 511 services on a cost-effective basis; federal, state and local government budgetary issues, spending policy changes, constraints and delays; and 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).
View source version on businesswire.com: https://www.businesswire.com/news/home/20191107005348/en/
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Iteris Inc (New)Shsmehr Nachrichten
07.08.24 |
Ausblick: Iteris stellt Ergebnisse des abgelaufenen Quartals vor (finanzen.net) |