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Iteris,
Inc. (AMEX: ITI) – Iteris is
a leading provider of traffic vision systems
and vehicle sensors that enhance driver safety
and optimize the flow of traffic. The Company’s
solutions leverage its proprietary, object-recognition
software and transportation engineering expertise
to provide innovative solutions for the Intelligent
Transportation Systems (“ITS”)
market. The Company’s vision based sensors
are an important new safety solution to the
automotive and commercial truck markets and
are a market leader in intersection control
systems. Iteris has a significant advantage
with its AutoVue™ lane departure warning
system ( a safety product which addresses
the leading cause of passenger fatalities)
by being first to market: Approximately 4,000
units are currently installed and operating
in Europe on Daimler commercial trucks. The
Company’s Vantage™ products are
the leaders in the emerging market for vision
based traffic intersection control systems,
providing a more reliable, flexible and easy-to-use
solution than the traditional vehicle detection
technology: in-pavement “inductive loops.”
Iteris’ customers and strategic partners
include automobile OEMs, Mercedes Benz, Valeo
Group, Freightliner, MAN and many of the municipalities
and transportation agencies for the nation’s
most highly trafficked metropolitan areas
including the Federal Highway Administration.
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