Iteris Launches Cutting-Edge Integrated Detection and Connected Vehicle System for Safety Applications

Vantage CVโ„ข is a complete connected vehicle system that increases safety and offers seamless integration with Iteris vehicle and pedestrian detection devices

Iteris, Inc. (NASDAQ: ITI), the worldโ€™s trusted technology ecosystem for smart mobility infrastructure management, today announced the launch of Vantage CVโ„ข, an integrated detection and connected vehicle (CV) system for safer intersections.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231213265064/en/

Iteris Launches Cutting-Edge Integrated Detection and Connected Vehicle System for Safety Applications (Photo: Business Wire)

Iteris Launches Cutting-Edge Integrated Detection and Connected Vehicle System for Safety Applications (Photo: Business Wire)

This new offering combines traffic detection, cellular vehicle-to-everything (C-V2X) transportation infrastructure communications and connected vehicle safety applications into a single solution with advanced safety features, scalable design and complete intersection coverage.

Vantage CV integrates traffic detection data from Iterisโ€™ Vantage Apexยฎ or Vantage Nextยฎ detection systems and software to generate real-time safety alerts distributed to connected vehicles via the BlueTOADยฎ Spectra CV roadside unit, so that drivers can be alerted to safety risks like pedestrians in the crosswalk and predicted red light runners. Because not all vehicles are currently equipped with vehicle-to-everything (V2X) technology, the Iteris system includes in-vehicle technologies that agencies can deploy quickly on selected fleet vehiclesโ€”such as school buses and maintenance vehiclesโ€”for immediate safety benefits.

As part of the Vantage CV launch, Iteris has also released the next generation of BlueARGUSโ„ข, now called VantageARGUS CVโ„ข, an essential software component of Vantage CV providing CV data visualization, travel times, dynamic corridor analysis and other system monitoring and analytics capabilities.

โ€œWeโ€™re thrilled to announce the launch of Vantage CV, a future-oriented single solution that enables real-world V2X applications,โ€ said Joe Bergera, CEO at Iteris. โ€œWith V2X technology at the forefront of revolutionizing safety, weโ€™re happy to offer a solution that delivers value today while helping agencies be ready for tomorrow. Combined with Iterisโ€™ market-leading portfolio of detection solutions, transportation agencies now have access to everything they need to create smarter cities with improved safety, mobility and sustainability.โ€

About Iteris, Inc.

Iteris is the worldโ€™s trusted technology ecosystem for smart mobility infrastructure management. Delivered through Iterisโ€™ ClearMobilityยฎ Platform, our cloud-enabled 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. Thatโ€™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," โ€œfeels,โ€ "anticipates," "expects," "intends," "plans," "seeks," "estimates,โ€ "may," โ€œcould,โ€ โ€œshould,โ€ โ€œwill,โ€ "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 new Vantage CV system and its benefits and impacts. 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 provide our products and services in a cost-efficient manner; our ability to introduce, market and gain broad acceptance of our new and existing product and service offerings in the transportation industry; the potential impact of service and solution offerings from competitors and such competitorsโ€™ patent coverage and claims; challenges in the development of software-based solutions generally; and the impact of influences and general economic, political, environment, 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 SECโ€™s website (www.sec.gov).

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