Iteris Introduces Pico, a Video Detection System Developed Specifically for the International Market, at Gulf Traffic in Dubai
Integrated system provides quality video detection in an economical and efficient package
SANTA ANA, Calif., Dec. 8 - Intelligent Transportation Society
of America member Iteris, Inc.
(NYSE Amex: ITI), a leader in the traffic management market that
focuses on the application and development of advanced
technologies, today announced it will debut PicoTM, a compact video
detection system that delivers superior vehicle detection in a
small and economical package, at the Gulf Traffic exhibition on
December 6 - 8, 2009, at the Dubai International Exhibition
Centre.
Designed to address international video detection needs, the
easy to use Pico system includes a weather resistant camera sensor
with a built-in vehicle detection processor and an interface
controller that resides in the traffic cabinet. Pico features
Iteris' advanced detection algorithms that have been proven over
the years to deliver reliable video detection. Pico is designed for
easy installation and configuration, and can be mounted at low
heights with no need for special poles or mounting apparatuses.
Iteris is offering end users a choice of both external housing and
color options to provide significant flexibility in meeting
regional specification and aesthetic requirements.
"I am excited to introduce 'Pico,' the newest addition to
Iteris' video vehicle detection portfolio at Gulf Traffic," said
Abbas Mohaddes, Iteris' president and chief executive officer. "We
aim to empower the users by offering them an extensive range of
video detection choices. Pico is a compact and value-conscious
detection system developed specifically for the unique needs of
markets outside of North America, and is another example of our
continuing commitment to introduce innovative, cost-effective, and
easy-to-use products to our market. We believe the international
market is expanding, and by introducing Pico we are expecting to
accelerate our international market opportunity."
About Gulf Traffic
The Gulf Traffic Exhibition and Conference was launched in
2002 in direct response to the strong demand across the region for
an event that brings together international manufacturers and
suppliers who offer the latest products, services and technology
for the traffic and transport industry. Held in Dubai every two
years, the Gulf Traffic exhibition is a comprehensive showcase of
the very latest advances in road, rail and metro related
technology, products and services. Specifically designed to address
the key issues faced by companies and government across the region,
it runs for Sunday, December 6, 2009 to Tuesday, December 8, 2009
at the Dubai International Exhibit Centre, with free entry to
industry professionals.
About Iteris, Inc.
Iteris, Inc. is a leader in the traffic management market
focused on the development and application of advanced technologies
that reduce traffic congestion, minimize the environmental impact
of traffic congestion, and improve the safety of surface
transportation systems infrastructure. Combining outdoor image
processing, traffic engineering, and information technology, Iteris
offers a broad range of Intelligent Transportation Systems and
driver safety solutions to customers worldwide. Iteris is
headquartered in Santa Ana, California, with offices throughout
North America, Europe, and Asia. Investors are encouraged to
contact us at 888-329-4483, or at www.iteris.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: 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," "plans," "seeks," "estimates," "may," "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 success and timing of this
acquisition and our future prospects.
Important factors that may cause such a difference include,
but are not limited to our ability to introduce, manufacture,
market, and gain broad market acceptance of our new Pico video
detection system; domestic and international government budget and
timing constraints; the impact of product offerings from
competitors and other competitive pressures; potential unforeseen
technological challenges or changes in technology that may require
reengineering; the availability of components for our products; and
the general economic and political conditions and specific
conditions in the markets we address. 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).
Contacts
Iteris Investor Relations
Brett Maas, 646-536-7331
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