Iteris Awarded $3.5 Million Deal for Part in Arizona DOT’s I-10 Broadway Curve Advancement Undertaking

Multi-12 months Contract Expands Iteris’ Use of Managed Providers and SaaS Methods to Deliver Good Workzone Targeted visitors Management for Freeway Infrastructure Projects

• Iteris will coordinate the design and style of challenge-vast site visitors management things to do to keep targeted traffic relocating by means of just one of the most closely traveled freeway segments in the state

• Method leverages Iteris’ ClearGuide transportation overall performance steps resolution and ClearRoute traveler info products and services answer for traffic management throughout construction

• Entry to real-time and historic info, historic investigation, visualization and reporting will support take care of and lessen the effect of building on congestion, protection and mobility for 300,000 everyday motorists in the Phoenix location

Iteris, Inc. (NASDAQ: ITI), the worldwide leader in smart mobility infrastructure management, currently introduced that it has been awarded contracts for a total of $3.5 million by the Pulice-FNF-Flatiron Joint Enterprise, a design-develop joint-venture (DBJV) workforce, for its position in the Arizona Division of Transportation’s (ADOT) I-10 Broadway Curve Enhancement Project, which aims to boost a single of the busiest freeway segments in the Phoenix metropolitan location.

This push release options multimedia. Watch the whole launch in this article: https://www.businesswire.com/information/residence/20210323005170/en/

Iteris Awarded $3.5 Million Deal for Job in Arizona DOT’s I-10 Broadway Curve Enhancement Challenge (Image: Enterprise Wire)

The historic four-12 months venture, which will reconstruct an 11-mile segment of Interstate 10 spanning the towns of Phoenix, Tempe and Chandler, and the town of Guadalupe, is the to start with big city freeway reconstruction venture in Maricopa County, in accordance to ADOT. The I-10 Broadway Curve is a person of the most intensely traveled freeway segments in the condition, delivering connectivity from Downtown Phoenix and Sky Harbor Worldwide Airport to the southeast Valley and southern Arizona.

Below the phrases of the contract, Iteris will provide the DBJV with structure solutions (for short-term building staging style), two program-as-a-support (SaaS) options and its congestion administration managed assistance. The blend of Iteris’ SaaS alternatives and managed support will enable the DBJV to control and limit building impacts, and raise protection and mobility for 300,000 day-to-day metro Phoenix highway people in the course of the construction period of the $615 million challenge.

Story carries on

Iteris’ ClearGuide™ transportation efficiency measures SaaS solution will enable the examination and visualization of targeted visitors information to enhance protection and mobility for the duration of building. ClearGuide will give the DBJV obtain to potent capabilities which include: dynamic maps to guidance in-depth visitors investigation all through building options to enable detect and mitigate congestion animations to examine gatherings and enhance response strategies historic pattern experiences and dynamic congestion charts to observe reliability and guidance organizing of project detour routes.

Iteris’ ClearRoute™ traveler facts companies SaaS remedy will present drivers with access to potent options together with: iOS™ and Android™ cellular apps that depict congestion degrees, schedules for venture closures, appropriate challenge data, and identification/notification of closure position.

ClearGuide and ClearRoute are vital components of Iteris’ ClearMobility™ Platform, the world’s most entire alternative to constantly observe, visualize and improve mobility infrastructure. ClearMobility applies cloud computing, synthetic intelligence, state-of-the-art sensors, advisory expert services and managed providers to enable make sure streets are harmless, travel is effective, and communities thrive.

“We are excited to join this important initiative, and supply Iteris’ thorough suite of good mobility infrastructure administration answers, which include design abilities, managed services and SaaS programs, to make improvements to workzone protection for highway customers and construction personnel,” stated Scott Carlson, regional vice president, Transportation Devices at Iteris. “Put together, Iteris’ ClearGuide and ClearRoute solutions will give actual-time visitors facts to guidance safer, more successful mobility and visitors management operations all through the design stage of this historic undertaking.”

The Pulice-FNF-Flatiron Joint Enterprise joins OC405 Partners as the second DBJV to use Iteris’ ClearGuide transportation performance actions resolution for targeted traffic management through building. The DBJV joins above 20 federal government companies and municipalities all over North The usa that use the effective transportation analytics abilities of ClearGuide to regulate, measure and optimize complex transportation networks.

ClearRoute, Iteris’ up coming-generation traveler details system products and services option, powers 11 point out and regional transportation businesses across the U.S. with multimodal traveler details via mobile applications, websites and IVR techniques, supporting more than 39 million merged interactions in 2020.

Building is scheduled to start off in mid to late 2021 and is anticipated to consider up to 4 many years to complete.

About Iteris, Inc.

Iteris is the world chief in wise mobility infrastructure administration – the basis for a new period of mobility. We apply cloud computing, artificial intelligence, highly developed sensors, advisory expert services and managed services to achieve harmless, economical and sustainable mobility. Our stop-to-conclude solutions keep an eye on, visualize and optimize mobility infrastructure all over the planet to enable make sure that streets are safe, vacation is successful, and communities thrive. Take a look at www.iteris.com for much more details and sign up for the conversation on Twitter, LinkedIn and Facebook.

Iteris Ahead-On the lookout Statements

This launch may well contain ahead-wanting statements, which talk only as of the day hereof and are dependent upon our latest expectations and the information and facts out there to us at this time. Text these types of as “thinks,” “anticipates,” “expects,” “intends,” “options,” “seeks,” “estimates,” “might,” “should really,” “will,” “can,” and versions of these text or very similar expressions are intended to discover ahead-wanting statements. These statements involve, but are not limited to, statements about the awarded agreement and abilities, benefits and impacts of our ClearRoute expert services and ClearGuide solution. These types of statements are not assures of upcoming overall performance and are subject to particular pitfalls, uncertainties, and assumptions that are challenging to predict, and genuine benefits could vary materially and adversely from all those expressed in any ahead-on the lookout statements as a final result of several variables.

Essential factors that may induce these a distinction contain, but are not restricted to, our means to give our companies and alternatives in a charge-effective method our potential to introduce, sector and acquire wide acceptance of our new and present merchandise and support choices in the transportation marketplace the opportunity impact of merchandise and service offerings from competition and other competitive pressures issues in the advancement of application-dependent methods usually and the influence of general economic, political and other conditions in the markets we deal with. Even further details on Iteris, Inc., such as more hazard factors that might influence our forward-hunting statements, is contained in our Annual Report on Variety 10-K, our Quarterly Reviews on Variety 10-Q, our Latest Reviews on Form 8-K, and our other SEC filings that are offered by means of the SEC’s website (www.sec.gov).

Check out resource version on businesswire.com: https://www.businesswire.com/information/residence/20210323005170/en/

Contacts

Media Call
David Sadeghi
Tel: (949) 270-9523
E-mail: [email protected]

Investor Relations
MKR Trader Relations, Inc.
Todd Kehrli
Tel: (213) 277-5550
Electronic mail: [email protected]