SANTA ANA, Calif.--(BUSINESS WIRE)--Iteris, Inc. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, today announced that the City of Minneapolis has upgraded intersections across major corridors with its advanced video detection technology to support its Minneapolis 2040 plan, which aims to make the city safer for bicyclists and pedestrians.
Building on recent advances that saw the city deploy Iteris video detection technology for the one million plus people who visited Minneapolis during Super Bowl 52, this initiative will see Iteris’ Next® video detection systems of its Vantage® product family implemented at intersections to further improve multimodal mobility across the city.
To advance the city’s goals of improved and more equitable multimodal transportation, Vantage Next detection sensors are equipped with SmartCycle® and PedTrax® – Iteris’ advanced bicycle and pedestrian detection algorithms that differentiate between, as well as count, vehicles and more vulnerable road users. By implementing this technology, city traffic engineers can monitor intersection activity with better insights, allowing signal timing to be improved, and police or other emergency resources to be deployed more effectively.
“We are pleased to be able to work alongside the City of Minneapolis to support its initiative to make the city more bicycle, pedestrian and transit friendly,” said Todd Kreter, senior vice president and general manager, Roadway Sensors at Iteris. “Minneapolis is one of the most bike-friendly cities in the country and initiatives like the Minneapolis 2040 plan, which also complement its Vision Zero and smart city efforts, directly align with Iteris’ goals for safer and more efficient mobility.”
About Iteris, Inc.
Iteris is the global leader in applied informatics for transportation and agriculture, turning big data into big breakthrough solutions. We collect, aggregate and analyze data on traffic, roads, weather, water, soil and crops to generate precise informatics that lead to safer transportation and smarter farming. Municipalities, government agencies, crop science companies, farmers and agronomists around the world use our solutions to make roads safer and travel more efficient, as well as farmlands more sustainable, healthy and productive. 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," "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 capabilities and benefits of our Next detection systems of the Vantage product family and statements about the impacts of the implementation of this upgrade. 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 dedicate resources, roll out, and gain broad market acceptance for our solutions and products in the transportation markets; government budget and timing constraints; availability of components for our products; general economic and political conditions and specific conditions in the markets we address; and the potential impact of product and service offerings from competitors and such competitors’ patent coverage and claims. 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).
