Iteris wins $900,000 intelligent transportation systems design contract in Las Vegas

SANTA ANA, Calif. ? Jan. 30, 2008 -- Iteris, Inc., a leader in the traffic management market that focuses on the application and development of advanced technologies, today announced it has been awarded a contract valued at over $900,000 to provide all of the Intelligent Transportation Systems (ITS) design services for the North Corridor Constructors (NCC) and I-15 Design-Build project in Las Vegas, Nevada.

?Iteris is proud to partner with Nevada Department of Transportation and NCC on such a historic project that will have a major impact on how public works projects are undertaken in the future,? said Abbas Mohaddes, president and chief executive officer for Iteris. ?Our demonstrated ITS design experience and depth of resources will help our partners efficiently achieve their shared goals in a cost-effective manner.?

This design-build project involves widening an approximately 5.5-mile stretch of the I-15 freeway between the US-95 (Spaghetti Bowl) and Craig Road in Las Vegas by up to 10 lanes, reconfiguring an interchange, replacing bridges, building auxiliary lanes between interchanges to facilitate merging, implementing ITS components as well as traffic signal and lighting improvements.

According to a Las Vegas Review Journal article published in late 2007, Nevada Governor Jim Gibbons was quoted as saying ?he promised Nevadans when he took office that he would make widening I-15 a priority.? He added that ?the Legislature agreed on the project?s importance; and Southern Nevadans will get traffic relief up to two years faster, thanks to the design-build concept.?


Iteris is responsible for the ITS improvements which include a Communications System, Dynamic Message Signs, CCTV Surveillance Cameras, Traffic Monitoring Sensors, Ramp Meters, Trailblazer Signs and Systems Integration and Testing. The entire project is expected to be completed in 2010.
This I-15 design-build project continues Iteris? success in providing ITS design services on design-build projects across the U.S. Recently, Iteris? was awarded a contract to provide ITS design services on the I-35W Design-Build Bridge Replacement in Minnesota.

About Iteris, Inc.
Iteris, Inc. is a leader in the traffic management market. Iteris is 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. Combining outdoor image processing, traffic engineering and information technology, Iteris offers a broad range of Intelligent Transportation Systems and driver safety solutions to customers worldwide. Iteris is headquartered in Santa Ana, California with offices throughout the U.S., Europe and Asia. Investors are encouraged to contact us at 888-329-4483, or at www.iteris.com.

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 success and timing of this project and our future prospects.

Important factors that may cause such a difference include, but are not limited to, the timing and successful completion of this contract; funding delays on this and other contracts; budget constraints and changing governmental priorities; the potential unforeseen impact of product offerings from competitors and other competitive or governmental pressures; our ability to specify, develop and complete our technologies and ITS design services in a timely manner and the general economic and political conditions and specific conditions in the markets we address, including general economic slowdown and volatility in the technology sector and housing market, and the possible disruption in government spending and commercial activities related to terrorist activity or armed conflict in the United States and other locations 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).