New Deal Expands the Company’s Industry Penetration in Texas
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Timing advancements will be made at key intersections all over San Antonio, a person of the country’s major metropolitan parts, with around 1,400 signalized intersections
Iteris, Inc. (NASDAQ: ITI), the world leader in wise mobility infrastructure management, right now introduced that it has been awarded a 3-12 months contract by the City of San Antonio with a prospective value of up to $1.1 million, representing continued demand for Iteris’ specialised consulting expert services in a important geographic industry.
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Iteris Awarded $1.1 Million Contract by Town of San Antonio for Traffic Signal Optimization Engineering Products and services (Picture: Business Wire)
The a few-yr system consists of website traffic sign timing improvements at essential intersections during San Antonio, just one of the country’s biggest metropolitan locations, which houses over 1,400 signalized intersections.
“We are proud to be selected by the City of San Antonio to help a different essential infrastructure job in the point out of Texas, one particular of the biggest and most progressive transportation markets in the U.S.,” claimed Scott Carlson, regional vice president, Consulting Answers at Iteris. “Texas is a critical strategic industry for Iteris and, with this staying the seventh big contract awarded to Iteris in the point out in recent yrs, we anticipate to further more extend our share of specialised consulting, cloud-enabled managed providers and application-as-a-company revenue in the condition.”
In December 2020, Iteris was awarded an IDIQ agreement from TxDOT for site visitors signal timing enhancements in the Houston district. That deal was a 3-12 months dedication with a potential price of up to $1.2 million.
In June 2020, Iteris was awarded a $1 million deal by the Metropolis of Spherical Rock to offer mobility intelligence answers and movie detection technological innovation updates all through the Texas town.
In May well 2019, Iteris was awarded an IDIQ deal from TxDOT for traffic sign timing, website traffic sign functions and signal conversation examination in the Austin district. That agreement was a 3-calendar year commitment with a prospective benefit of up to $2 million.
Iteris has developed, deployed or outfitted above a single 3rd of all signalized intersections in the United States, supporting local and state transportation organizations with state-of-the-art detection sensors, and targeted visitors signal design, timing and synchronization services.
In Texas, Iteris has presented targeted traffic engineering, traffic signal timing, intelligent transportation devices (ITS) and tools to additional than 90 mid-to-significant towns and all 25 TxDOT districts.
About Iteris, Inc.
Iteris is the world wide chief in smart mobility infrastructure management – the foundation for a new period of mobility. We implement cloud computing, artificial intelligence, advanced sensors, advisory providers and managed solutions to realize secure, efficient and sustainable mobility. Our close-to-end remedies keep an eye on, visualize and improve mobility infrastructure around the entire world to support ensure that roadways are protected, vacation is economical, and communities prosper. Go to www.iteris.com for more information, and sign up for the discussion on Twitter, LinkedIn and Facebook.
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Contacts
Iteris Speak to
David Sadeghi
Tel: (949) 270-9523
Electronic mail: [email protected]
Trader Relations
MKR Trader Relations, Inc.
Todd Kehrli
Tel: (213) 277-5550
Electronic mail: [email protected]
