Iteris Inc (NYSEMKT:ITI) To Offer Advanced Traffic Analytics To I-95 Corridor Coalition

    Date:

    Boston, MA 06/18/2014 (wallstreetpr) – Iteris Inc (NYSEMKT:ITI) announced on June 17, 2014 that it was selected to have a competition with a small group of companies in order to facilitate traffic analysis and data for I-95 Corridor Coalition. HERE will also work with Iteris in this context. The I-95 Corridor Coalition stretches from Maine to Florida over 2000 miles.

    Delivery of Advanced Traffic Analytics Expected from Iteris and HERE

    Iteris along with HERE will work for the delivery of advanced traffic analytics over the I-95 Coalition stretch in order to enable the decision makers in closely monitoring the traffic as well as weather conditions. The traffic analytics provided by the company will also be used by the decision makers for measuring the performance of this stretch, optimisation of the operations as well as communication of actionable information for the traffic engineers.

    Iteris Inc (NYSEMKT:ITI) in this context has planned that it will offer a robust website for I-95 Coalition along with analytic tools. The website will also offer archiving capabilities for weather information, historic traffic; all of which will be available in real-time. All this will be done through the iPeMS platform of Iteris.

    The iPeMS® software

    The iPeMS platform of Iteris is used for managing, measuring and visualizing transportation networks, actionable information; in the real time in order to optimise the vehicle movement through the whole network.

    This this platform, Iteris delivers next-gen cloud-based solutions which can be used for empowering advanced data analytics for the purpose of performance monitoring, hyper-local weather conditions, traffic predictions as well as MAP-21 reporting requirements.

    Comment from the VP Enterprise Sales, HERE

    The VP Enterprise Sales, HERE, Roy Kolstad said that the traffic services offered by their company along with the iPeMS platform of Iteris Inc (NYSEMKT:ITI) will be very productive in enhancing the movement of goods as well as people along or within this corridor. He added that they were looking forward to work with different states in order to enhance the operations as well as offer valuable traveler information. Roy Kolstad commented that the I-95 Coalition members will enjoy the opportunity of receiving highest quality data, support as well as tools from the company.

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