Iteris, Inc. provides intelligent information solutions for the traffic management and global agribusiness markets. The company focuses on the development and application of advanced technologies and software-based information systems that reduce traffic congestion, provide measurement, management and predictive traffic and weather analytics, and improve the safety of surface transportation systems infrastructure. It offers a range of Intelligent Transportation Systems (ITS) solutions to customers throughout the U.S. and internationally. Segments The company operates in three segments, including Roadway Sensors, Transportation Systems, and Performance Analytics. The Roadway Sensors segment provides various vehicle detection and information systems and products for traffic intersection control, incident detection and roadway traffic data collection applications. The Transportation Systems segment includes transportation engineering and consulting services, and the development of transportation management and traveler information systems for the ITS industry. The Performance Analytics segment includes iPeMS, its specialized transportation performance measurement and traffic analytics solutions, as well as ClearPath Weather, its road-maintenance applications, and ClearAg, its precision agriculture solutions. Products and Services Roadway Sensors The company’s Roadway Sensors segment product line uses advanced image processing technology and other techniques to capture and analyze sensor data through algorithms, enabling vehicle detection and transmission of both video images and data using various communication technologies. Its Roadway Sensors products include, among other products, its Vantage, VantageNext, VersiCam, Vantage Vector, SmartCycle, SmartSpan, Pegasus, Velocity, P10, P100 and Abacus products. The company’s Vantage detection systems detect vehicle presence at intersections, as well as vehicle count, speed and other traffic data used in traffic management systems. Vantage detection systems typically include up to four of its cameras or radars. Its Vantage systems give traffic managers the ability to mitigate roadway congestion by modifying traffic signal timing or detecting incidents quickly. The company’s various software complement its Vantage detection systems by providing integrated platforms to manage and view detection assets remotely over a network connection. The company’s Vantage Vector video/radar hybrid product is a vehicle detection sensor with a range of capabilities, including stop bar detection, advanced-zone detection and sensing, which enable advanced safety and adaptive control applications. The company’s Vantage systems equipped with SmartCycle capability could differentiate between bicycles and other vehicles with a single video detection camera, enabling signalized intersections and improved traffic throughput. Agencies using bicycle timing could now benefit from bicycle-specific virtual detection zones that could be placed anywhere within the approaching traffic lanes, eliminating the need for separate bicycle-only detection systems. VersiCam, the company's integrated camera and processor video detection system, is a video detection system for smaller intersections that require a few detection points. Transportation Systems The company’s Transportation Systems segment includes transportation engineering and consulting services focused on the planning, design, development and implementation of software-based systems that integrate sensors, video surveillance, computers and advanced communications equipment to enable public agencies to monitor, control and direct traffic flow, assist in the dispatch of emergency crews and distribute real-time information about traffic conditions. Its services include planning, design and implementation of surface transportation infrastructure systems. The company performs analysis and study goods movement, commercial vehicle operations, provide travel demand forecasting and systems engineering, and identify mitigation measures to reduce traffic congestion. The company’s Transportation Systems segment is largely d
(ITI:Consolidated Issue listed on NASDAQ Capital Market)
1700 Carnegie Avenue
Santa Ana, CA 92705
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