Iteris, Inc. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, today announced that it has been awarded a two-year contract by the Wyoming Department of Transportation (WYDOT), continuing its support of the state’s 511 service and maintaining its position as a market leader in the nationwide traveler information system market, with a 25% share.
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Iteris Awarded Contract to Provide 511 Traveler Information System for Wyoming Department of Transportation (Photo: Business Wire)
The contract extension will continue Iteris’ work to provide the core services of Wyoming’s 511 Interactive Voice Response (IVR) system, as well as transition the WYDOT service to ZephyrTel’s telecommunications platform.
Wyoming’s 511 service is built on Iteris’ advanced traveler information system (ATIS) platform, which powers 11 traveler information systems nationwide and garnered over 60 million combined interactions in the past year, and 7.9 million individual IVR phone calls.
“We are pleased to continue our statewide IVR services in the state of Wyoming as we expand our managed services, with a total of 11 ATIS deployments nationwide and over 60 million 511 touches in the past year alone,” said Moe Zarean, vice president and assistant general manager, Transportation Systems at Iteris. “Wyoming’s 511 service is one of the nation’s most utilized traveler information systems, especially during life-threatening winter weather, and Iteris is proud to help road users access official real-time travel requirements to safely plan their travel across and through the state.”
Work under the new contract will commence on July 1 in order to continue seamless operations and maintenance of Wyoming’s 511 system. Under the contract, Iteris will continue to provide the 511 Wyoming IVR phone service, including the IVR service for the Wyoming Authorized Travel program.
About Iteris, Inc.
Iteris is the global leader in applied informatics for transportation and agriculture, turning big data into big breakthrough solutions. 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. 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,” “anticipates,” “expects,” “intends,” “target,” “plans,” “seeks,” “estimates,” “may,” “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 timing, success, and benefits of the project and the performance, functionality and utility of our 511 system. 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 provision 511 services on a cost-effective basis; government funding and budgetary issues, and potential related funding delays; and the impact of general economic, political, and other conditions in the markets we address, and the potential impact of product and service offerings from competitors and such competitors’ patent coverage and claims. 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).