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Classified in: Science and technology
Subject: Contract/Agreement

Iteris Selected to Support IIJA-Funded Northwestern Illinois Region Safety Evaluation Project

Iteris, Inc. (NASDAQ: ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced it has been chosen to support Stephenson County, Illinois and the Blackhawk Hills Regional Council in completing a safety analysis of the area's transportation infrastructure.

Iteris is subconsultant to Kaskaskia Engineering Group, a trusted local full-service civil engineering, environmental, and contracting firm. Iteris will be an active part of their team, providing a safety analysis, equity analysis, and an identification of safety improvement countermeasures for the rural six-county area in Northwestern Illinois. The aim of the project is to comprehensively evaluate safety challenges in the area to identify solutions that can help the region's crash reduction goals. The project will prioritize the needs of the local disadvantaged communities that historically have not been able to participate in the planning process.

This project is funded by the Safe Streets and Roads for All (SS4A) initiative, an important federal safety grant program under the Infrastructure Investment and Jobs Act (IIJA), which supports local and regional initiatives to prevent death and serious injury on roads and streets. Through this program, the USDOT is expected to award a total of $5 billion in SS4A grants to state, regional, and local agencies over five years.

"We're honored to partner with Kaskaskia Engineering Group in order to help the Blackhawk Hills Regional Council and the communities they serve," said Cliff Heise, regional vice president, mobility professional services at Iteris. "In addition to Illinois representing a strategic growth market for Iteris, we're excited about the goals of this project and look forward to helping the region create safer, more equitable transportation infrastructure."

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," "feels," "anticipates," "expects," "intends," "outlooks," "targets," "plans," "seeks," "estimates," "may," "would," "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 benefits and impacts of our mobility professional 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 our services in a cost-efficient manner; government funding and budgetary delays, issues, and timing; adverse impacts related to project scheduling delays and project cancellations; and adverse impacts of general economic, political, 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).

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