Iteris Expands Capacity of Vantage Detection Platform with Release of Vantage Next Max™
28 September 2023 - 2:30PM
Business Wire
- Doubles Vantage detection platform’s lane coverage per
in-cabinet processor
- Increases Vantage detection platform’s total addressable
market
- Extends Vantage detection platform’s total cost of ownership
advantage
Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology
ecosystem for smart mobility infrastructure management, today
announced that it has launched Vantage Next Max™, a
new central control unit (CCU) that doubles the number of sensors
supported on the Vantage Next® platform from four to eight sensors
per in-cabinet processor.
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the full release here:
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Iteris Expands Capacity of Vantage
Detection Platform with Release of Vantage Next Max™ (Photo:
Business Wire)
This new addition to the Vantage detection product suite is an
ideal traffic detection solution for larger or uniquely-configured
intersections with up to ten lanes, diverging diamond interchanges
and locations with special requirements that may typically require
more sensors to achieve comprehensive detection coverage. It saves
time, space and effort by allowing traffic engineers and system
integrators to easily install and configure a single system rather
than multiple systems in a traffic cabinet.
With this new product, Iteris and the Vantage platform will be
able to address a new and growing segment of the market that
typically is a source of greater safety risk and higher traffic
management because of challenges associated with large or complex
intersection designs.
The Vantage detection product suite is a key component of
Iteris’ ClearMobility® Platform, the most complete solution for
continuously monitoring, visualizing and optimizing mobility
infrastructure to help ensure that roads are safe, travel is
efficient, and communities thrive. The ClearMobility Platform
applies cloud computing, artificial intelligence, advanced sensors,
advisory services and managed services to achieve safe, efficient
and sustainable mobility.
“When the Vantage Next platform was released, it revolutionized
the traffic industry. Today, we’re excited to announce the launch
of Vantage Next Max, our latest innovation as we continue to
prioritize evolving customer needs,” said Tiffany Symes, senior
director of product management at Iteris. “Proper detection
coverage improves traffic operations, reduces emissions, and
enhances safety, and with this high-capacity platform we’re making
it easier than ever to optimally manage large intersections.”
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," “feels,” "anticipates," "expects,"
"intends," "plans," "seeks," "estimates,” "may," “could,” “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 our
new Vantage platform product and its benefits and impacts. 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 provide our products and
services in a cost-efficient manner; our ability to introduce,
market and gain broad acceptance of our new and existing product
and service offerings in the transportation industry; the potential
impact of service and solution offerings from competitors and such
competitors’ patent coverage and claims; challenges in the
development of software-based solutions generally; and the impact
of influences and general economic, political, environment, and
other conditions in the markets we address. 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).
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230928003672/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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