Articles from Iteris, Inc.

Iteris, Inc., the world’s trusted technology ecosystem for smart mobility infrastructure management and part of Almaviva Group, today announced that it has been awarded a four-year, task order-based Indefinite Delivery Indefinite Quantity (IDIQ) contract from the Hillsborough County Board of County Commissioners for engineering services to support their Traffic Management Center (TMC) and other regional smart mobility initiatives. While the final value of an IDIQ contract is determined over time, the award has the potential to include up to $10 million of services.

Iteris, Inc., the world’s trusted technology ecosystem for smart mobility infrastructure management and part of Almaviva Group, today announced the City of Corona, California has awarded Iteris an over $4 million contract to provide the city with smart mobility infrastructure management technologies.

Iteris, Inc., the world’s trusted technology ecosystem for smart mobility infrastructure management and part of Almaviva Group, today announced it has been awarded a new contract by the Orange County Transportation Authority (OCTA) for a new smart mobility initiative that will improve public roadway transit in the county.

Iteris, Inc., the world’s trusted technology ecosystem for smart mobility infrastructure management and part of Almaviva Group, today announced that its Iteris V2X Connect™ connected vehicle solution has earned OmniAir Qualified Test Equipment status from the OmniAir Consortium®.

Iteris, Inc., the world’s trusted technology ecosystem for smart mobility infrastructure management and part of Almaviva Group, today announced the United States District Court for the Western District of Texas has ruled in favor of Iteris in the litigation brought by Wavetronix LLC. In its lawsuit, Wavetronix alleged that Iteris breached a 2015 Settlement Agreement related to Iteris’ Vantage Vector traffic control system. Wavetronix sought specific performance of the contract and an award of attorneys’ fees. However, after a bench trial, the Court entered final judgment against Wavetronix and in favor of Iteris.

Iteris, Inc., the world’s trusted technology ecosystem for smart mobility infrastructure management and part of Almaviva Group, today announced it has executed a two-year SaaS agreement with the Minnesota Department of Transportation (MnDOT) enabling the state to continue to use ClearGuide® to improve mobility and traffic operations. This agreement demonstrates the agency’s continued confidence in Iteris’ software and services.

Iteris, Inc., the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it is partnering with the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) on a project focused on energy metrics in traffic signal performance measures.

Iteris, Inc. (“Iteris” or the “Company”), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced the closing of its previously announced agreement to be acquired by Almaviva S.p.A. (“Almaviva”). Iteris’ common stock has ceased trading on the NASDAQ and Iteris will no longer be listed on any public market effective as of the closing.

Iteris, Inc. (NASDAQ: ITI) (“Iteris” or the “Company”), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that Iteris stockholders approved the proposed merger agreement with Almaviva S.p.A. (“Almaviva”) at Iteris’ Special Meeting of Stockholders held yesterday.

Iteris, Inc. (NASDAQ: ITI) (“Iteris” or the “Company”), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has entered into a definitive merger agreement to be acquired by Almaviva S.p.A. (“Almaviva”), a private Italian digital innovation group, in an all-cash transaction valuing Iteris at approximately $335 million equity value. Under the terms of the agreement, Iteris shareholders will receive $7.20 in cash for each share of Iteris common stock.

Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal first quarter ended June 30, 2024.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced its selection by the City of Lakeland, Florida to provide smart mobility infrastructure management technologies to support the city’s Intersection Crash Avoidance Safety Program (iCASP).

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Thursday, August 8th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal first quarter ended June 30, 2024. The financial results will be issued in a press release prior to the call.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced the Metropolitan Transportation Commission (MTC) has awarded Iteris a $3.75 million contract for ongoing operational support in the San Francisco Bay Area.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a five-year indefinite delivery/indefinite quantity (IDIQ) contract with a value of up to $2 million by the Texas Department of Transportation (TxDOT).

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, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal fourth quarter and full year ended March 31, 2024.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it will participate in the Northland Capital Markets Virtual Growth Conference on Tuesday, June 25, 2024.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, and Sumitomo Electric Industries (SEI) today announced a groundbreaking partnership that will bring the highly acclaimed Sumitomo Pedestrian Detection sensor to the U.S. market, a technology that has significantly enhanced pedestrian safety across Japan.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, and Telenav, Inc., a leading provider of connected-car and location-based services, today announced that Telenav has chosen Iteris’ ClearData® as their source for traffic and travel information.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Thursday, June 13th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal fourth quarter and full year ended March 31, 2024. The financial results will be issued in a press release prior to the call.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it will participate in the upcoming Maxim Group Virtual TMT Conference.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced it has been chosen to support the selection and deployment of Intelligent Transportation System (ITS) technologies in Metro Cebu, Philippines as part of a USTDA-funded ITS modernization project.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced it has been invited to participate in the following two investor conferences in May:

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that Carson City, Nevada has chosen to upgrade the city’s intersection detection sensors to Iteris’ Vantage Apex hybrid sensors.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced it has been awarded a $900,000 contract by the Port of Long Beach for an 18-month multimodal transportation study.

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 Orange County Transportation Authority (OCTA) for an unprecedented countywide traffic signal synchronization project that will ultimately increase efficiency, safety and sustainability across the entire county.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced the launch of ClearGuide® Signal Trends, a new probe data-based solution for improving signal performance.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced the South Dakota Department of Transportation (SDDOT) awarded Iteris a one-year contract to introduce new features to its 511 traveler information system and to continue operation and maintenance services for the statewide system.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a five-year indefinite delivery/indefinite quantity (IDIQ) contract by the Texas Department of Transportation (TxDOT) San Antonio District. The contract has a value of up to $3.0 million, representing continued demand for Iteris’ specialized consulting services in the large and forward-thinking Texas market.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a three year, over $1 million contract from the Ventura County Transportation Commission (VCTC) for use of its ClearGuide® solution to improve mobility throughout the region.

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.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a new contract by the City of Downey in Los Angeles County, California for a regional smart mobility project.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced the National Highway Institute (NHI) awarded Iteris seven new task orders totaling over $2 million dollars to provide comprehensive courses and training focused on several different initiatives. This five-year deal is part of an indefinite delivery/indefinite quantity (IDIQ) contract with the Federal Highway Administration and demonstrates the administration’s longstanding trust in Iteris’ unique expertise for various training initiatives spanning over 20 years.

Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal 2024 third quarter ended December 31, 2023.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced a new agreement with Arity, a mobility data and analytics company, founded by The Allstate Corporation, to integrate a broader suite of traffic data solutions from Arity into Iteris’ ClearMobility® Platform.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Thursday, February 8th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal third quarter ended December 31, 2023. The financial results will be issued in a press release prior to the call.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced it has been awarded contracts for traffic engineering, signal coordination and signal timing services for two Illinois-based transportation agencies; one with Illinois Department of Transportation (IDOT) Districts 2, 3, 4, and 5 and the other with Lake County Division of Transportation.

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.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced the latest evolution of VantageCare®, a comprehensive product support program that assists transportation agencies in optimizing their Iteris traffic detection technologies to manage the overall intersection.

Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that President and CEO Joe Bergera and CTO Todd Kreter will participate in a fireside chat with Senior Research Analyst Mike Latimore at the Northland Capital Markets Virtual Artificial Intelligence Investor Conference on Thursday, December 14, 2023, at 1:00 p.m. ET (10:00 a.m. PT).

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced the Metropolitan Transportation Commission (MTC) has awarded Iteris a $13.3 million contract to continue operational support in the San Francisco Bay Area.

Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal 2024 second quarter ended September 30, 2023.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a task order under Iteris’ General Services Administration Multiple Award Schedule contract with a ceiling of $9.5 million from the Federal Highway Administration Intelligent Transportation Systems Joint Program Office (ITS JPO) to provide continued development, evolution and deployment support for the nation’s Intelligent Transportation Systems (ITS) reference architecture program.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Thursday, November 9 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal second quarter ended September 30, 2023. The financial results will be issued in a press release prior to the call.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a new contract by the City of Yorba Linda in Orange County, California for a traffic signal synchronization project and further ITS upgrades.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has launched Vantage Next Max™, a new central control unit (CCU) that doubles the number of sensors supported on the Vantage Next® platform from four to eight sensors per in-cabinet processor.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced the City/County Association of Governments of San Mateo County (C/CAG) has awarded Iteris an almost $1.0 million, multi-year contract to support its countywide Smart Corridor Project.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it will participate in the Northland Capital Markets Virtual Institutional Investor Conference on Tuesday, September 19, 2023.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a contract from the City of Bellevue, Washington for a smart mobility, safety and sustainability project, representing the expansion of Iteris’ software-as-a-service (SaaS) solutions in the Pacific Northwest.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it will participate in the Sidoti Virtual Micro-Cap Investor Conference taking place on August 16-17, 2023.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a new contract by the City of La Habra in Orange County, California for a Regional Traffic Signal Synchronization Project focused on the Euclid Street corridor. The initiative—led by La Habra—will also include Caltrans and the surrounding cities of Fullerton, Anaheim, Garden Grove, Santa Ana, and Fountain Valley.

Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal 2024 first quarter, which ended June 30, 2023.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded contracts for smart mobility, safety and sustainability projects by two agencies in the Midwest: Indianapolis Metropolitan Planning Organization (IMPO) and Mid-America Regional Council (MARC). These projects represent expanded Midwest operations due to continued demand in the region.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced it has been selected to modernize public transit in Mérida, the capital of the Mexican state of Yucatán, as part of a United States Trade and Development Agency (USTDA)-funded ITS modernization project.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Tuesday, August 8 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal first quarter ended June 30, 2023. The financial results will be issued in a press release prior to the call.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a new $1 million contract by Seminole County, Florida for a regional traffic signal retiming program, representing continued demand for Iteris’ specialized consulting services in a key geographic market.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that Gary Hall, partner and president of infrastructure & public finance for Siebert Williams Shank & Company, and Kimberly Valentine-Poska, managing director at Global Capital Markets, Inc., have been appointed to its board of directors.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced it has executed a three-year SaaS agreement with the Los Angeles County Metropolitan Transportation Authority (LA Metro) enabling the authority to continue to use ClearGuide® to improve mobility throughout the region. This agreement demonstrates the agency’s continued confidence in ClearGuide and Iteris’ services.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced it has joined the Russell 2000® Index. Iteris was included in a preliminary list of additions posted in May and is now a member, effective this morning, June 26, after the U.S. markets open.

Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal fourth quarter and full year ended March 31, 2023.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has changed the earnings release date for its fiscal 2023 fourth quarter and full year conference call and webcast to Tuesday, June 13th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time). Iteris is changing the earnings press release date and conference call date to coincide with its revised Form 10-K filing date of June 13th and allow additional time to complete its fiscal year-end closing procedures.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Thursday, June 1 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal fourth quarter and full year ended March 31, 2023. The financial results will be issued in a press release prior to the call.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it will participate in the B. Riley Securities 23rd Annual Institutional Investor Conference taking place May 24-25, 2023 at The Beverly Hilton Hotel in Beverly Hills, CA.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been chosen by Virginia Department of Transportation (VDOT) to provide statewide traffic operations support services, representing continued demand for Iteris’ managed services and software-as-a-service in a key geographic market.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it will participate in the EF Hutton Global Conference taking place May 10-11, 2023 at The Plaza Hotel in New York City.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced it has been chosen by the Minnesota Department of Transportation (MnDOT) to provide performance-based maintenance of traffic (MOT) in support of the I-494 Improvement Project in the Minneapolis area.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced the National Highway Institute (NHI) awarded Iteris a five-year contract with a value of up to $10 million to provide comprehensive training focused on transportation system safety.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a two-year contract for statewide traffic signal timing and operation by the Ohio Department of Transportation (ODOT), representing continued demand for Iteris’ specialized consulting services to support another important mobility infrastructure project in a key geographic market.

HERE Technologies, the world’s leading location data and technology platform, and Iteris (Nasdaq: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced a multi-year agreement to integrate a broader suite of location-based services and user capabilities from HERE Technologies into Iteris’ ClearMobility® Platform, including HERE Traffic Products, HERE Maps and HERE platform services.

Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that it has been awarded a $1.3 million contract from the Utah Department of Transportation (UDOT), representing the first statewide procurement of Iteris’ new ClearData™ data-as-a-service (DaaS) solution for real-time and historic traffic data.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been chosen by the Illinois Department of Transportation (IDOT) District One for select traffic signal plan preparation and plan review projects.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been chosen to provide traffic and incident management support to Virginia Department of Transportation’s Traffic Operation Center (TOC) Services Program, representing continued demand for Iteris’ mobility consulting services in the mid-Atlantic.

Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal third quarter 2023, ended December 31, 2022.

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced it has been awarded a $2.5 million contract from the San Bernardino County Transportation Authority (SBCTA) to monitor and maintain the San Bernardino Valley Coordinated Traffic Signal System (SBVCTSS) corridors and develop a Smart County Master Plan for all of San Bernardino County. This project represents significant, continued demand for Iteris’ services and solutions in a key geographic market.