This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Iteris Awarded $1.5 Million Contract To Extend Maintenance And Operations For Inland Empire’s 511 Traveler Information System

Stocks in this article: ITI

Iteris, Inc. (NYSE Amex: ITI), a leader in traffic management solutions, was awarded a $1.5 million, five-year contract by the Riverside County Transportation Commission (RCTC), in cooperation with the San Bernardino Associated Governments (SANBAG). Iteris was engaged to operate and maintain the Inland Empire’s 511 (IE 511) traveler information system, with work on the project expected to run through June 2016.

The IE 511 system ( www.ie511.org), which formally launched in June 2010, provides this growing area to the east of Los Angeles with a comprehensive, multi-media, traffic, and transit traveler information system. Iteris engineered and deployed key elements of the IE 511 system, including interactive web-based traffic maps and an Interactive Voice Response (IVR) telephone system. The interactive maps display travel times on major highways, changeable message signs, video images from roadside cameras, and identify incidents and SigAlerts as reported by the California Highway Patrol.

Under this new contract, Iteris will be converting the existing IVR platform to its proprietary IVR to reduce ongoing costs, and streamline the operations and maintenance of the overall 511 system, reporting regularly to RCTC on system up-time and user statistics.

“This is the next step in enhancing overall traveler information services to the residents and commuters throughout the Inland Empire. Not only will our team continue to provide vital, real-time, and accurate information, but we are also enhancing the overall service to efficiently respond to the increasing demand of the service,” stated Robert Yates, RCTC Multimodal Services Director.

“Iteris is very proud of this deployment and strives each day to continue to improve and enhance the overall service to the Inland Empire residents and commuters,” said Abbas Mohaddes, president and chief executive officer of Iteris. “These enhanced services are intended to empower travelers with ‘real time’ information to better make trip choices. The new IVR platform provides a more efficient and cost effective approach to support the significant increase in call volumes. We are delighted to continue serving RCTC.”

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs