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Stock impact report

Iteris Awarded $2 Million Texas DOT IDIQ Contract for Smart Mobility and Traffic Signal Timing Services [Yahoo! Finance]

Iteris, Inc. (ITI) 
NASDAQ:AMEX Investor Relations: iterisinc.gcs-web.com/investor-relations
Company Research Source: Yahoo! Finance
AUSTIN, Texas, June 27, 2024 BUSINESS WIRE Iteris, Inc . (NASDAQ: ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a five-year indefinite delivery/indefinite quantity (IDIQ) contract with a value of up to $2 million by the Texas Department of Transportation (TxDOT). Under the terms of this contract, Iteris will continue to provide traffic signal timing and operational improvements at key intersections throughout the TxDOT Houston District, one of the largest metropolitan areas in the United States with over 1,000 signalized intersections. "We are extremely pleased to extend our close working relationship with the state of Texas, one of the largest and most progressive transportation markets in the U.S.," said Cliff Heise, regional vice president, mobility professional services at Iteris. "Texas is a key strategic market for Iteris and, with this being the fourth consecutive TxDOT Houston District Show less Read more
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