Iteris Performance Measurement System Selected to Improve Toronto Congestion Management
SANTA ANA, CALIF. -- May 11, 2017 -- Iteris, Inc. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, today announced that the City of Toronto is using Iteris iPeMS® to manage and measure the performance of its intelligent transportation systems -- improving traffic, safety and reliability.
With Iteris iPeMS, the City of Toronto is now able to automatically analyze and visualize real-time and historical traffic while measuring the impacts of changing weather, construction work and infrastructure on roadway mobility and safety.
“The smart use of advanced technology is the cornerstone of our 2016-2020 Congestion Management Plan,” said Barbara Gray, General Manager, Transportation Services, City of Toronto. “Getting real-time, intelligent transportation system data analysis, visualization and reporting from Iteris will help us to improve traffic congestion and safety in our city.”
Iteris iPeMS, in combination with real-time and historical traffic data from HERE -- the global leader in mapping and location services -- will give the City of Toronto real-time, actionable insights to use to improve its transportation network.
“The City of Toronto is taking a proactive and innovative approach to intelligent transportation systems management,” said Ramin Massoumi, general manager and senior vice president of Transportation Systems at Iteris. “It is our privilege and honor to deliver our cloud-based transportation performance management system in the service of Canada’s most populous city.”
Government agencies and municipalities throughout North America, including the Virginia Department of Transportation and California Department of Transportation, use the Iteris iPeMS performance measurement system to manage, measure and optimize complex transportation networks.
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," “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 about our system’s capabilities, benefits, and impacts to transportation networks. 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 setup and implement the system; our system’s ability to improve traffic congestion and safety; government funding, 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 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).
Tel: (949) 270-9572
Iteris Investor Contact
Tel: (323) 468-2300