GENEVA, Ill.--(BUSINESS WIRE)--Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been selected by the City of Joliet for a smart mobility, safety and sustainability initiative, representing continued demand for Iteris’ mobility consulting services in a key geographic market.
Under the terms of the two-year contract, Iteris will conduct a centralized traffic management system (CTMS) study for 130 key signalized intersections, providing services that include master plan development for the new CTMS, field data collection and inventory, project development, stakeholder outreach, software procurement, detailed design of Phase A, and assistance with the bid process and construction engineering.
The program supports the City of Joliet’s goals to significantly reduce citywide travel time, fuel consumption and greenhouse gas emissions, while improving safety and mobility, and overall travel experience for all road users, including vehicles, buses, bicycles and pedestrians. By reducing delays and stops on key corridors for passenger vehicles and heavy vehicles, the project will help reduce CO2 emissions and fuel consumption, which in turn will contribute to sustainable environmental and air quality improvements.
“We are proud to support the City of Joliet’s goals of improving safety, mobility and sustainability for all road users in the city by embarking on this smart mobility infrastructure management project,” said Scott Carlson, general manager and vice president, Mobility Professional Services at Iteris. “This initiative represents the continued expansion of Iteris’ mobility consulting services in the Midwest, and will ultimately help to increase the value, effectiveness and resilience of the region’s existing transportation infrastructure, while also improving air quality and reducing fuel consumption.”
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," "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 success, impacts, and benefits of the awarded contract and our services. 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 issues and delays; adverse impacts related to performance timing; 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).
