Iteris Wins $1.4 Million Signal System Management Project

- Project Builds Upon Iteris’ Traffic Signal System Master Plan for City of Omaha -

SANTA ANA, Calif. – November 5, 2014 – Iteris, Inc., a leader in providing intelligent traffic management and weather information solutions, was awarded a $1.4 million contract by the City of Omaha to serve as system manager for the deployment of their Intelligent Transportation System (ITS). The project builds upon Omaha’s Traffic Signal System Master Plan, developed by Iteris in 2012, and will include the management of Omaha’s $35 million ITS upgrade program to reduce congestion.

As system manager, Iteris will oversee the enhancements to the transportation network, focusing on more than 1,000 traffic signals and 4,500 miles of roadway in Omaha. Iteris’ responsibilities include procurement of advanced traffic management system hardware and software and other ITS components.

This project will lay the foundation for a robust communications network and state-of-the-art field infrastructure, allowing the city to efficiently manage the transportation system from a traffic management center. The ITS infrastructure will improve mobility by providing actionable traveler information on devices such as information kiosks, dynamic message signs, and traffic management sensors.

“Enhancing technology and infrastructure is critical to the improvement of transportation management,” said Abbas Mohaddes, president and CEO of Iteris. “This project reflects Omaha’s proactive approach to improving their transportation management system. Leveraging the available information and technology, this project should aid to enhance traveler mobility, increase safety, reduce stops and delays, better manage incidents, and provide accurate, real-time information to the traveling public.”

Omaha Public Works Director, Robert Stubbe, P.E. commented: “Omaha has one of the largest traffic signal deployments in the region. The technology upgrades and enhancements to our traffic signal, communication, and ITS infrastructure are a major undertaking to effectively serve the multi-modal needs of our citizens, businesses, and industries into the future. We are looking forward to working with the Iteris team on this important project."

Project work is expected to commence immediately.

About Iteris, Inc.
Iteris, Inc. (NYSE MKT: ITI) is a leader in providing intelligent information solutions to the traffic management market. The company is focused on the development and application of advanced technologies and software-based information systems that reduce traffic congestion, provide measurement, management, and predictive traffic and weather analytics, and improve the safety of surface transportation systems. By combining its unique IP, products, decades of expertise in traffic management, hyper-local weather solutions and information technologies, Iteris offers a broad range of Intelligent Transportation System (ITS) solutions to customers throughout the U.S. and internationally. The firm is headquartered in Santa Ana, California, with offices nationwide and abroad. For more information, please call 1-888-329-4483 or visit www.iteris.com. Also visit us on Facebook, Twitter, and YouTube.

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," "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 timing and effects of the project and the performance and utility of our products and solutions. 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 complete each phase of the project, including the timely procurement and delivery of necessary components; the potential impact of product and service offerings from competitors and other competitive pressures; the impact of federal, state, and local government budgetary issues, constraints and delays; and the impact of general economic, political, and other conditions in the markets we address. 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).