Iteris, Inc. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, today announced that it has launched a new transportation analytics solution, Iteris ClearGuidetm, at the Intelligent Transportation Society of America's Annual Conference and Expo in Washington, DC.
The state-of-the-art mobility intelligence platform is designed to help transportation agencies achieve safer, more efficient mobility for their networks.
ClearGuide represents the culmination of Iteris' more than two decades of experience deploying analytics-driven mobility solutions. The modern, flexible and scalable platform enables transportation agencies and commercial entities, such as construction and engineering firms, to actively monitor traffic congestion, and identify anomalies and their causes. Using ClearGuide, transportation agencies, in particular, will have the knowledge to allocate budget and resources, and generate the best economic return on transportation investments. ClearGuide is designed to ingest large amounts of complex data from sensors, IoT devices, and third-party providers, as well as a wide array of emerging data from sources including connected vehicles. ClearGuide users are presented with real-time and historical analytics to support operational and planning decisions.
"I am thrilled to announce Iteris' launch of the most powerful transportation analytics platform available," said Ramin Massoumi, senior vice president and general manager, Transportation Systems at Iteris. "With Iteris ClearGuide, transportation agencies of any size can optimize their mobility operations using real-time, historical and contextual transportation analytics to identify problem areas and their root causes, and ultimately improve safety and mobility for all road users."
Early-access customers are already seeing the benefits of ClearGuide's powerful features in extensive deployments, including Transport Canada, which uses ClearGuide nationwide. Additionally, all existing iPeMS customers will be migrated to ClearGuide.
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 our integration of our technologies and statements about the impacts and value of such integrated solution offering. 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 deploy our technologies cost effectively; agency budgetary constraints; utilization needs of transportation organizations for the integrated solution offering; future adoption of the integrated solution in the transportation markets; our ability to achieve market acceptance of our products and services; 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).
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