Actelis Selected by the City of Eugene for Traffic Modernization Project
21 Februar 2023 - 1:00PM
Actelis Networks, Inc.
(NASDAQ:ASNS) (“Actelis” or
the “Company”) a market leader in cyber-hardened, rapid deployment
networking solutions for wide area IoT applications, today
announced that the City of Eugene, Oregon has selected Actelis’
hybrid fiber-copper networking solutions as part of its most recent
traffic modernization project. Eugene is the second largest city in
the State of Oregon and home to the University of Oregon.
The city’s Transportation Management Plan aims
to triple the current rate of transit by foot, bicycles, and public
transport by the year 2035. As an important milestone towards 2035,
Eugene needs to modernize and digitize its intersections to ensure
smooth vehicle traffic flow while simultaneously prioritizing
signals for pedestrians and bikers – a challenge all major cities
face.
As part of this modernization, Eugene is adding
Actelis’ hybrid fiber-copper ethernet access devices integrated
with new traffic controllers to manage traffic flow through several
different IoT devices, including cameras and radar detection
sensors. Actelis’ multifunctional solutions enable and extend
connectivity to all of these devices while securely supplying the
city’s operations center with live data. Additionally, the
Company’s MetaAssist back-office software management system is used
to remotely monitor the performance and status of each network
element, ensuring high uptime of the system. MetaAssist also
provides an added level of security allowing users to control
various security-related parameters including system and resource
access control.
The Actelis hybrid fiber-copper solution was
chosen because it allows the city to utilize its existing twisted
pair copper infrastructure to instantly deploy new traffic cameras
and sensors, while also enabling connectivity over fiber if the
city eventually transitions away from copper.
“We are very pleased to be part of Eugene’s
modernization of its traffic management system. The selection by
the city proves yet again the competitive edge of our solutions,”
said Tuvia Barlev, chairman and CEO of Actelis. “Our hybrid
fiber-copper solutions give cities the network building blocks they
need for their infrastructure of today, while simultaneously making
them ready for fiber installation in the future. By that, we help
cities like Eugene to save not only a tremendous amount of time for
deployment, but also to make room in their budgets.”
For traffic management system projects in the
City of Eugene, Actelis partners with Western Systems, one of its
trusted ITS resellers. Western Systems works with city, state, and
county agencies across the western United States to implement
state-of-the-art traffic solutions, providing the devices necessary
to efficiently control the intersection. They utilize Actelis’
solutions to deliver the necessary connectivity for the IoT devices
they provide to their clients.
Actelis provides its solutions in over 300
cities around the globe including Washington, DC; Seattle, WA; San
Jose, CA; and Vancouver, British Columbia.
About Actelis Networks,
Inc.Actelis Networks, Inc. (NASDAQ: ASNS) is a market
leader in cyber-hardened, rapid-deployment networking solutions for
wide-area IoT applications including federal, state and local
government, ITS, military, utility, rail, telecom and campus
applications. Actelis’ unique portfolio of hybrid fiber-copper,
environmentally hardened aggregation switches, high density
Ethernet devices, advanced management software and cyber-protection
capabilities, unlocks the hidden value of essential networks,
delivering safer connectivity for rapid, cost-effective deployment.
For more information, please visit www.actelis.com.
Forward-looking StatementsThis
press release contains certain forward-looking statements within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These statements are identified by
the use of the words "could," "believe," "anticipate," "intend,"
"estimate," "expect," "may," "continue," "predict," "potential,"
"project" and similar expressions that are intended to identify
forward-looking statements. All forward-looking statements speak
only as of the date of this press release. You should not place
undue reliance on these forward-looking statements. Although we
believe that our plans, objectives, expectations and intentions
reflected in or suggested by the forward-looking statements are
reasonable, we can give no assurance that these plans, objectives,
expectations or intentions will be achieved. Forward-looking
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actual results to differ materially from historical experience and
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trading price for our common stock may fluctuate significantly.
Forward-looking statements also are affected by the risk factors
described in the Company's filings with the U.S. Securities and
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obligation to update or revise publicly any forward-looking
statements, whether as a result of new information, future events
or otherwise, after the date on which the statements are made or to
reflect the occurrence of unanticipated events.
Media Contact:Sean Renn Global
VP Marketing & Communicationssrenn@actelis.com
Investor Relations Contact:Matt
Glover and Ralf EsperGateway Investor Relations+1
949-574-3860ASNS@gatewayir.com
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