Iteris Receives $706,000 Order for Video Detection Equipment as Part of Omnitrans sbX Bus Rapid Transit Project
-- Comet Electric to Deploy Iteris’ Vantage Video Detection Systems along 15.7 Mile Corridor in San Bernardino and Loma Linda, California --
SANTA ANA, Calif. – January 11, 2012 – Iteris, Inc. (NYSE Amex: ITI), a leader in traffic management solutions, received an order for $706,000 from Comet Electric, Inc. to provide video detection systems and related communication equipment for the Omnitrans sbX Bus Rapid Transit (BRT) project. The Vantage® video detection systems will cover a 15.7 mile corridor across San Bernardino and Loma Linda, California.
The multi-agency sbX project is the beginning of an intermodal public transit system in California’s San Bernardino Valley that aims to reduce vehicle congestion and provide the public with a cost effective, efficient, and environmentally friendly alternative to using personal vehicles.
Iteris’ Vantage video detection systems will be deployed as part of the upgrade to intersections along the project route. Shipments are expected to occur in the current quarter.
“Our selection by the Omnitrans sbX team to provide detection solutions for this innovative and important BRT project is an important win for Iteris and underscores the competitive advantages we provide,” said Abbas Mohaddes, president and CEO of Iteris. “As agencies increasingly understand the benefits of video-based detection and the expansion potential of video detection functionality, they realize our video detection technology represents a ‘future proof’ investment with attractive returns.”
Omnitrans is a public transportation agency established in 1976 in San Bernardino County, California. As the largest transit operator within San Bernardino County, it serves the San Bernardino Valley, including 15 cities and portions of the unincorporated areas of San Bernardino County. Omnitrans currently carries about 14 million passengers per year and operates 27 fixed routes as well as a general public dial-a-ride service, “Omnilink,” and a paratransit service for the disabled. Major destinations within the Omnitrans service area include transportation centers, medical centers, educational facilities, shopping malls, business parks, and community centers.
About Iteris, Inc.
Iteris, Inc. is a leader in traffic management focused on the development and application of advanced technologies that reduce traffic congestion, minimize the environmental impact of traffic congestion, and improve the safety of surface transportation systems infrastructure. Combining outdoor image processing, traffic engineering, and information technology, Iteris offers a broad range of Intelligent Transportation Systems solutions to customers worldwide. Iteris is headquartered in Santa Ana, California with offices throughout North America and in the Middle East. Investors are encouraged to contact us at 888-329-4483 or at www.iteris.com.
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