Iteris Selected to Provide Transit Signal Priority System for Pace Bus
Two-year Agreement Further Expands Company’s Multimodal and Vehicle-to-Infrastructure Initiatives
Initiative will improve services for over 40 million Pace transit riders a year, covering six counties in the
Iteris’ commitment to leveraging emerging vehicle-to-infrastructure technology to improve efficiency in public transit networks nationwide
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Iteris Selected to Provide Transit Signal Priority System for Pace Bus (Photo: Business Wire)
“Improving safety and efficiency for all modes of transportation is a priority for
Pace serves approximately 40 million riders annually across
Iteris’ TSP system services are used by some of the largest transit agencies across the country, including the
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," “feels,” "anticipates," "expects," "intends," “outlooks,” “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 impacts and benefits of our services and the agreement. 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 successfully carryout and complete the project on a cost-effective basis; government funding and budgetary issues, and potential related funding constraints and delays; the impact of general economic, competitive, 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
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