AUSTIN, Texas--(BUSINESS WIRE)--Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced the launch of Vantage CV™, an integrated detection and connected vehicle (CV) system for safer intersections.
This new offering combines traffic detection, cellular vehicle-to-everything (C-V2X) transportation infrastructure communications and connected vehicle safety applications into a single solution with advanced safety features, scalable design and complete intersection coverage.
Vantage CV integrates traffic detection data from Iteris’ Vantage Apex® or Vantage Next® detection systems and software to generate real-time safety alerts distributed to connected vehicles via the BlueTOAD® Spectra CV roadside unit, so that drivers can be alerted to safety risks like pedestrians in the crosswalk and predicted red light runners. Because not all vehicles are currently equipped with vehicle-to-everything (V2X) technology, the Iteris system includes in-vehicle technologies that agencies can deploy quickly on selected fleet vehicles—such as school buses and maintenance vehicles—for immediate safety benefits.
As part of the Vantage CV launch, Iteris has also released the next generation of BlueARGUS™, now called VantageARGUS CV™, an essential software component of Vantage CV providing CV data visualization, travel times, dynamic corridor analysis and other system monitoring and analytics capabilities.
“We’re thrilled to announce the launch of Vantage CV, a future-oriented single solution that enables real-world V2X applications,” said Joe Bergera, CEO at Iteris. “With V2X technology at the forefront of revolutionizing safety, we’re happy to offer a solution that delivers value today while helping agencies be ready for tomorrow. Combined with Iteris’ market-leading portfolio of detection solutions, transportation agencies now have access to everything they need to create smarter cities with improved safety, mobility and sustainability.”
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 CV system 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).
