22.04.2021 14:30:00

Iteris Selected by Rutgers University to Support New Jersey Department of Transportation and Middlesex County’s Connected and Automated Vehicle Initiative

Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that it has been selected by Rutgers University’s Center for Advanced Infrastructure and Transportation (CAIT) to support the design and implementation of the Middlesex County - Smart Mobility Testing Ground (MC-SMTG) in New Jersey, representing growing demand for Iteris’ specialized consulting services in a key geographic market.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210422005025/en/

Iteris Selected by Rutgers University to Support New Jersey Department of Transportation and Middlesex County’s Connected and Automated Vehicle Initiative (Photo: Business Wire)

Iteris Selected by Rutgers University to Support New Jersey Department of Transportation and Middlesex County’s Connected and Automated Vehicle Initiative (Photo: Business Wire)

Under the terms of the sub-contract agreement with Rutgers University for the multi-phase, multi-year program, Iteris will complete the concept design and testing in the initial phase, and participate as partner in the public-private-and-academic partnership (PPAP) team that will carry out the proposed construction and testing ground development phase.

The MC-SMTG will serve as the foundational element of an innovation hub in collaboration with the New Jersey Department of Transportation (NJDOT) that will attract public and private-sector researchers testing advanced driving system applications in real-world conditions while also serving as a source of high-resolution transportation data.

Consistent with NJDOT commissioner Diane Gutierrez-Scaccetti’s vision of "Commitment to Communities,” an initial focus of the project will be delivering easily accessible safety applications such as those offered by Iteris to improve safety and travel conditions in the corridor in the first year of operation.

Iteris will provide its design and safety application expertise to design and implement an environment for smart mobility application testing to address several key challenges for local communities along key corridors, including congestion, safety, environmental, energy and community equity issues.

The MC-SMTG is envisioned to become a core foundational platform for the New Jersey transportation community, positioning the state as a national leader in CAV innovations and supporting its pursuit of funding opportunities in the new era of smart mobility technologies.

"The MC-SMTG is a critical element in accelerating the delivery of the benefits that can be derived from these new smart mobility technologies, and the project will further establish Rutgers CAIT as a center of excellence in transportation innovation in the connected and automated vehicle arena,” said Dr. Ali Maher, professor and director at Rutgers CAIT. "Iteris will play a key role as a supporting private-sector partner, providing its design, implementation and smart mobility application development expertise.”

"We are proud to support Rutgers University, NJDOT and Middlesex County’s forward-thinking CAV development and testing initiative with our design and smart mobility application development expertise,” said Dr. Moe Zarean, regional vice president, Consulting Solutions 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 addition to several CAV deployments Iteris is already 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. Intelligent Transportation Systems (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 smart mobility infrastructure management – the foundation for a new era of mobility. We apply cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to achieve safe, efficient and sustainable mobility. Our end-to-end solutions monitor, visualize and optimize mobility infrastructure around the world to help ensure that roads are safe, travel is efficient, and communities thrive. 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," "outlooks,” "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 related to the awarded contract and our services in connection with 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, perform our services on a timely and 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).

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