Iteris Awarded $3.5 Million Traffic Signal Synchronization Project from Orange County Transportation Authority

Iteris,
Inc. (NASDAQ: ITI), the global leader in applied informatics for
transportation and agriculture, today announced that it has been awarded
a $3.5 million traffic signal synchronization project by the Orange
County Transportation Authority (OCTA).

The three-year project includes intelligent transportation system (ITS)
improvements, upgrades to traffic signal infrastructure and signal
timing improvements along a 16-mile stretch of a major corridor spanning
59 signalized intersections. The project involves six city agencies –
Anaheim, Fountain Valley, Fullerton, Garden Grove, Huntington Beach and
Westminster – as well as the California Department of Transportation
District 12.

Under the project agreement, Iteris will design, implement, maintain and
operate traffic signal technology and fiber-optic communications
equipment, and will synchronize traffic signals along the entire
Brookhurst Street corridor – a heavily traveled arterial road
transporting approximately 38,000 vehicles per day. The primary goal of
the project is to improve traffic flow and safety for all road users,
including vehicles, buses, bicycles and pedestrians, by providing
updated signal timing and signal synchronization along the corridor and
provide ongoing maintenance services for a period of two years.

“We are proud to support OCTA’s goal of improving the safety and
mobility of Orange County’s road users by embarking on this traffic
signal synchronization project,” said Scott Carlson, vice president and
assistant general manager, Transportation Systems at Iteris. “This
initiative represents the continued expansion of Iteris’ traffic signal
coordination services in southern California and will ultimately help to
increase the value and effectiveness of the region’s existing
transportation infrastructure, while also improving air quality and
reducing fuel consumption.”

Iteris expects to commence the traffic signal synchronization project
immediately.

About Iteris, Inc.

Iteris is the global leader in applied informatics for transportation
and agriculture, turning big data into big breakthrough solutions. We
collect, aggregate and analyze data on traffic, roads, weather, water,
soil and crops to generate precise informatics that lead to safer
transportation and smarter farming. Municipalities, government agencies,
crop science companies, farmers and agronomists around the world use our
solutions to make roads safer and travel more efficient, as well as
farmlands more sustainable, healthy and productive. Visit www.iteris.com
for more information and join the conversation on Twitter,
LinkedIn
and Facebook.

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,”
“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 timing, success, and benefits of the
awarded project. 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 provide the services on a cost-effective
basis; government funding and budgetary issues, and potential impacts
related funding delays; changes in requirements to upgrade the traffic
signal infrastructure; availability of resources, such as components and
equipment necessary to perform the work for the project; the impact of
general economic, 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 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).

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