Iteris Chosen by Virginia Department of Transportation to Create Traffic Operations Strategic Plan
05 Marzo 2024 - 2:30PM
Business Wire
New smart mobility project will define a path
for the VDOT traffic operations program to improve safety,
accessibility and efficiency statewide
Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology
ecosystem for smart mobility infrastructure management, today
announced it has been awarded a new contract by the Virginia
Department of Transportation for a statewide smart mobility
initiative.
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Iteris Chosen by Virginia Department of
Transportation to Create Traffic Operations Strategic Plan (Photo:
Business Wire)
This contract involves operations planning and on-call services
support. Under the terms of the contract, Iteris, with input and
collaboration from VHB, Kimley-Horn, and Prime AE, will develop a
Traffic Operations Strategic Plan (TOSP) for the state of Virginia,
which will encompass all programs within the scope of Traffic
Operations and will define a path forward for the future of VDOT's
Traffic Operations Program.
Iteris’ team of experts will provide project management,
research, development, and completion of the TOSP, as well as
ancillary plans development—seeing the project from start to
finish. When finished, the plan will support VDOT’s mission to
plan, deliver, operate and maintain a transportation system that is
safe, enables easy movement of people and goods, enhances the
economy, and improves our quality of life.
“We are thrilled to build upon our longstanding partnership with
VDOT,” said Dr. Moe Zarean, general manager, mobility operations
services at Iteris. “This project will set the course for VDOT’s
Traffic Operation Program for years to come, and we feel
particularly honored to help create a plan that will enhance the
safety and ease of travel for residents while simultaneously
improving air quality and fuel consumption.”
About Iteris, Inc.
Iteris is the world’s trusted technology ecosystem for smart
mobility infrastructure management. Delivered through Iteris’
ClearMobility® Platform, our AI-powered 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," “feels,” "expects,"
"intends," "plans," “outlooks,” "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 the awarded contract and capabilities and benefits
of our on-call services support. 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 our
services timely and in a cost-efficient manner; government funding
and budgetary issues and delays; project performance timing; impact
of influences and variances of general economic, political,
environment, and other conditions in the markets we address; and
the potential impact of product and service offerings from
competitors and other competitive pressures. 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/20240305733136/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: todd@mkrir.com
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