Iteris Awarded $1.3 Million Contract by the City of La Habra for a Regional Smart Mobility Initiative
22 August 2023 - 2:30PM
Business Wire
Initiative will improve traffic flow,
sustainability and safety along a major corridor in Orange County,
California
- Program leverages Iteris’ smart mobility infrastructure
management expertise and SaaS solutions
- Use of Iteris’ services supports region’s goals of reduced
traffic congestion, improved safety, and more sustainable,
equitable and resilient transportation infrastructure
Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology
ecosystem for smart mobility infrastructure management, today
announced that it has been awarded a new contract by the City of La
Habra in Orange County, California for a Regional Traffic Signal
Synchronization Project focused on the Euclid Street corridor. The
initiative—led by La Habra—will also include Caltrans and the
surrounding cities of Fullerton, Anaheim, Garden Grove, Santa Ana,
and Fountain Valley.
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Iteris Awarded $1.3 Million Contract by
the City of La Habra for a Regional Smart Mobility Initiative
(Photo: Business Wire)
Under the terms of the five-year, $1.3 million agreement, Iteris
will provide signal timing design, communication design,
construction support, integration, operations and maintenance and
will be using their ClearGuide® SaaS solution to improve mobility
throughout the corridor. It will impact 136 intersections and six
agencies, and is funded by the Orange County Transit Authority’s
Regional Traffic Signal Synchronization Program (RTSSP).
With ClearGuide, Iteris traffic operations personnel can
remotely monitor arterial travel times and reliability, identify
congestion hotspots and prioritize retiming efforts. This
capability enhances work to provide optimized signal timing
performance across the Euclid Street corridor.
The ClearGuide solution is a key component of Iteris’
ClearMobility® Platform, the world’s most complete solution to
continuously monitor, visualize and optimize mobility
infrastructure. ClearMobility applies cloud computing, artificial
intelligence, advanced sensors, advisory services and managed
services to help ensure roads are safe, travel is efficient, and
communities thrive.
“We are proud to embark on this regional smart mobility, safety
and sustainability project with the City of La Habra and corridor
stakeholders,” said Steven Bradley, regional vice president,
Mobility Professional Services at Iteris. “This initiative
represents the continued expansion of Iteris’ managed services and
SaaS solutions across the West Coast, and will ultimately help to
increase the value, effectiveness and resilience of the corridor’s
existing transportation infrastructure.”
About Iteris, Inc.
Iteris is the world’s trusted technology ecosystem for smart
mobility infrastructure management. Delivered through Iteris’
ClearMobility® Platform, our cloud-enabled end-to-end solutions
monitor, visualize and optimize mobility infrastructure around the
world, and help bridge legacy technology silos to unlock the future
of transportation. That’s why more than 10,000 public agencies and
private-sector enterprises focused on mobility rely on Iteris every
day. Visit www.iteris.com for more information, and join the
conversation on Twitter, LinkedIn and Facebook.
Iteris Forward-Looking Statements
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,"
“outlooks,” “target,” "plans," "seeks," "estimates," "may,"
“should,” "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 awarded contract and benefits and impacts of our services 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 perform the
services on a cost-effective basis; government funding and
budgetary delays, constraints and issues; adverse impacts of
performance timing; project and contract cancellations;
availability of resources, such as components and equipment,
necessary to perform the work for the project; adverse impacts of
general economic, political, and other conditions in the markets we
address; and the potential impact of product and service offerings
from competitors. 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).
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version on businesswire.com: https://www.businesswire.com/news/home/20230822972386/en/
Media Contact Breanna Wallace Tel: (949) 996-5348 Email:
brwallace@iteris.com
Investor Relations MKR Investor Relations, Inc. Todd
Kehrli Tel: (213) 277-5550 Email: iti@mkr-group.com
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