Iteris’ Market-Leading Smart Intersection Products Certified for Purchase Under Newly Reinstated Texas SmartBuy Contract
Summary
SANTA ANA, Calif.--( BUSINESS WIRE )-- Iteris, Inc. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, today announced that its intersection detection and related traffic management products have been certified for purchase under the newly reinstated Texas SmartBuy contract 550-A2, administered by the Statewide Procurement Division of the Texas Comptroller of Public Accounts. The prior version of this contract ended on May 31,2018, temporarily affecting the purchase of Iteris’ video, radar and Bluetooth detection sensors; traffic controllers; and fiber-optic communications devices and systems in the Texas market. “Texas is one of the largest and most progressive transportation markets in the country, and we look forward to continuing to help the state improve safety and mobility for its road users with our intersection detection and other related technology products.” 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.