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Iteris Launches a New SaaS Solution to Collect, Process and Analyze Advanced Intersection Data

5/2/2017

VantageLive! Offers 24/7 Insight into Vehicle, Bicycle and Pedestrian Traffic

SANTA ANA, CALIF. – May 2, 2017 --Iteris, Inc. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, today announced the release of VantageLive!™, a cloud-based intersection data analytics service that will transform the way agencies view multimodal data from intersection infrastructure. 

VantageLive! is a cloud-based transportation analytics service that allows users to view intersection activity by automatically collecting and analyzing vehicle, bicycle and pedestrian data on a continuous 

VantageLive! screen capture

basis, with data availability 24/7/365 from their existing Iteris detection infrastructure. The easy-to-use system is a completely new type of product offering from Iteris that will significantly improve how agencies optimize and plan their transportation networks.  By providing multimodal data percentages and peak hour summary reports, traffic engineers will be able to better optimize signal timing to ensure maximum signal efficiency and help improve intersection safety conditions for pedestrians and bicyclists.

By accessing connected intersection systems within an agency’s network, VantageLive! collects data provided from Iteris Vantage platforms and securely sends it to the Iteris advanced analytics engine in the cloud for processing. Multiple agency personnel including traffic engineers and planning departments can then simultaneously access data and insights via a web browser.

Users of VantageLive! will dramatically reduce their data collection costs since the system leverages their current infrastructure. In addition, having this information available 24/7 will allow traffic engineers to quickly make important decisions such as optimizing and prioritizing improvements to city roads, sidewalks, bike paths and other transportation modes. The system also provides a whole suite of comprehensive analytics, including Universal Traffic Data Format (UTDF), peak hour factor calculations, and daily/weekly/monthly count reports. Agencies will benefit from these reports in a variety of engineering tasks that are currently being done with more manual methods.   

 “VantageLive! will give agencies a straightforward ability to view critical intersection information every minute of every day,” says Todd Kreter, General Manager, Roadway Sensors.  “By visualizing multimodal vehicle, bicycle and pedestrian data collected by Iteris detection platforms at intersections, agencies will be better equipped to prioritize critical intersection safety and efficiency improvements to enhance their communities.” 

Now available from Iteris, VantageLive! is the newest addition to Iteris Roadway Sensors Vantage product line. Iteris Roadway Sensors represent the widest suite of reliable and cost effective detection solutions for intersections and arterials worldwide. Iteris video detection sensors feature patented SmartCycle® technology to detect cyclist activity and PedTrax™, providing detection, counting and speed tracking of pedestrians within crosswalks.  Iteris has successfully deployed more than 150,000 Vantage Video Detection and Radar Sensor Systems worldwide.

Iteris will be exhibiting at the ITE Western District Annual Meeting in San Diego, Calif. from June 18 - 21, 2017 and displaying the new VantageLive! technology. For more information please visit www.iteris.com/products/performance-analytics/vantagelive, or to schedule a demo email sensors@iteris.com, or call your local Iteris sales contact for product and pricing information.

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.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
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," "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 capabilities and benefits of our VantageLive! services and statements about the impacts and effects for the users of such 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 dedicate resources, roll out, and gain broad market acceptance for our solutions and products; adoption of technology based analytics solutions in the transportation market; challenges in the development of software-based solutions generally; our ability to expand our patent protections for our technologies and products; 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).

Iteris Press Contact
Adam Lyons
Tel: (949) 270-9400
Email: aml@iteris.com

Iteris Investor Contact
Todd Kehrli
Tel: (323) 468-2300
Email: iti@mkr-group.com


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