Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced the Metropolitan Transportation Commission (MTC) has awarded Iteris a $5.4 million contract extension to continue its use of Iteris’ next-generation traveler information services solution to power the San Francisco Bay Area's 511 traveler information system.
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Iteris Awarded $5.4 Million Contract Extension by San Francisco Bay Area Metropolitan Transportation Commission (Photo: Business Wire)
Iteris has been providing key services of the 511 SF Bay traveler information system to the MTC since 2015 and the new contract extension will continue this partnership a further two years. Under the terms of the contract extension with the MTC, Iteris will continue to operate and maintain the 511 SF Bay interactive voice response (IVR) system, and provide regional transit data integration, software support and technical services for the MTC’s 511 Operations Center. These efforts will ensure continued innovation and longevity, while preserving the functionality and features that the MTC and 511 SF Bay travelers depend on.
"Iteris is excited to extend our partnership with the San Francisco Bay Area MTC by continuing to operate key services of the region’s 511 traveler information system,” said Scott Carlson, vice president and assistant general manager, Transportation Systems at Iteris. "We are committed to ensuring the San Francisco Bay Area travelers and public transit riders, who make 1.5 million daily trips, are able to access accurate, real-time travel information that improves their mobility across the nine-county region.”
Iteris provides multimodal traveler information services for 11 state and regional transportation agencies across the U.S. as part of the ClearMobility™ Platform, supporting over 63 million combined interactions and 7.1 million individual IVR phone calls in the past year alone.
About the ClearMobility Platform
The ClearMobility Platform is the world’s most complete solution to continuously monitor, visualize and optimize mobility infrastructure. ClearMobility applies cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to help ensure roads are safe, travel is efficient, and communities thrive.
About Iteris, Inc.
Iteris is the global leader in smart mobility infrastructure management – the foundation for a new era of mobility. We apply cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to achieve safe, efficient and sustainable mobility. Our end-to-end solutions monitor, visualize and optimize mobility infrastructure around the world to help ensure that roads are safe, travel is efficient, and communities thrive. 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," "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 awarded contract and capabilities and benefits of our ClearRoute traveler information services. 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 our services in a cost-efficient manner; our ability to introduce, market and gain broad acceptance of our new and existing product and service offerings in the transportation industry; the potential impact of product and service offerings from competitors and other competitive pressures; challenges in the development of software-based solutions generally; and the impact of general economic, political and other 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).
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HO CHI MINH CITY, Vietnam, Jan. 18, 2021 /PRNewswire/ -- On 7 January 2021, VIISA organized Investment Day Batch 8 on its online platform, attracting more than 80 investors as well as corporations and startup community builders. This invite-only event also marked a new milestone for tech-startups Batch 8 in their 4-month journey with VIISA.
Taking place online for the first time, Investment Day Batch 8 solves the problem of geographical distance as well as difficulties in the global context of the COVID-19 pandemic, providing opportunities for startups and investors to share and exchange the latest updates about startup ideas. The event was divided into 2 sessions: live-streamed pitching shows from startups and networking activities between founders and investors with separate rooms for each startup team.
Opening the event, Mr. Vo Tran Dinh Hieu - Board Member and Program Director at VIISA, said: "Unlike any other, we want to preserve the excitement of live pitching, so this is not a recorded video, we have all the founders here with us and they are ready to go. So it is the first week 2021 and it seems like we will have another very eventful year. The UK announced 3rd lockdown, the Capitol Hill was taken yesterday. But still in Vietnam thousands of people gathered for fireworks shows on new year's eve. I believe this tranquility in Vietnam represents what everyone has achieved in the last year. We all have sharpened our adaptability and agility to maintain the composure of our businesses. I hope we all will carry on this great attitude forward to 2021. We started this batch in June 2020 with 3 companies and only one succeeded to graduation. During this batch, we also continued supporting the alumni to recover from the covid situation."
This year's Investment Day is not only an opportunity for VIISA Batch 8 startups to demonstrate their maturity, but also a chance for alumni startups who have participated in previous courses to reconfirm their development and position in the startup ecosystem. Whether the startup model is about real estate, fashion, events, e-commerce, technology, and applicability factors are all of the program priorities. With the hope to help young Vietnamese startups build their global business, these are special features that VIISA always appreciates.
Pitching in the event are 5 startups:
CYHOME: CyHome is Vietnam's leading Property management platform that has already served top-tier customers in the field of Property management (PM) such as CBRE, Proman (Novaland), Visaho, Blue Diamond, My House… With an affordable fee, PMs now can have a world-class ERP, and service providers can have a better way to serve customers. What the startup wants to bring to market is a new way of living and working in crowded cities: with no fee, the resident/tenant should have a premium experience.
DROBEBOX: Drobebox is a disruptive fashion tech startup that offers a clothing subscription service for women. Users could unlock their dream closet, which contains thousands of premium designs with a fixed monthly fee, and enjoy any items without buying, maintaining, or laundry. Starting at 30$ per month, members could explore and enjoy up to 30 new items every month that used to cost them 1000-3000$. Using state-of-art technology such as AI, Drobebox platform provides an "infinity" closet with a true personalization experience that helps dress best every day as simple as ordering food delivery.
WISEPASS: WisePass is a lifestyle app enabling its subscribers to access products, services, or events sponsored by brands. Starting from 239,000 VND per month, a subscriber gets 3 PASS a day to enjoy anything brands provide on the platform.
VDES: VDES is the very first marketplace of the event industry, which connects event venues & event suppliers to customers in the simplest way with advanced technology. During over 4 years of operation, VDES has been partners with more than 520 vendors and organized more than 2250 events for users (customers & cooperate). With technology solutions and event-ecosystem platform, VDES offer service to vendors to increase competitive advantage, increase business efficiency, and decrease operating costs by event management system, we will launch this SAAS in 2021.
ECOMEASY: EcomEasy Asia (ECE) is a dynamic ecommerce solution provider for consumer brands in Vietnam. ECE's integrated capabilities encompass all aspects of the e-commerce value chain from SKU selection, sales and inventory management to on-site operations, logistics and fulfilment. ECE has generated billions of VND in sales and hundred thousands of orders on all 10 ecommerce platforms operating in Vietnam for a dozen of brands.
The representative from VIISA hopes that Investment Day will provide Vietnamese startup community with many opportunities to connect and exchange knowledge, which contribute to awakening the potential of domestic businesses and open up more opportunities to promote Vietnamese startups
At the end of Investment Day Batch 8, Mr. Hieu also called for startups to apply at www.viisa.vn to capture opportunities for companionship and support from VIISA.
Established in January 2017 by FPT Ventures and Dragon Capital, VIISA is an acceleration program and seed-stage fund that invests to build global-ready startups from Vietnam. After 7 batches, there have been 40 graduates, in which some startups have successfully called for US $5.5 million committed deals from investors.
TROY, Mich., July 24, 2020 /PRNewswire-PRWeb/ -- Inspired by the ceremonies namesake, Florence Nightingale, committee members carried on the 32 year tradition by providing an innovative virtual mixer and live stream ceremony that applauds the dedication and commitment of outstanding nursing professionals who actively shape the future healthcare. This year, AmeriCare Medical, Inc. partnered with Oakland University as a scholarship sponsor for Post Acute Care and Specialty Nursing with Paula Lavesque from Beaumont Health Systems taking home the prestigious nursing award.
"The award night event proved to be like no other, along with the virtual setting, it is the 200th Anniversary of Florence Nightingale's birth year and the World Health Organization designated 2020 as the Year of the Nurse," stated Greg Jamian, CEO of AmeriCare Medical, Inc., and board member of the Oakland University School of Nursing. "Now more than ever, we are proud and honored to once again continue our partnership with Oakland University to recognize nursing leaders who integrate life-long learning, skills and values into their professional practice within our community."
AmeriCare's company, AmeriStaff Nursing Services has been an exemplary employer of the nursing fields, and currently employs over 300 nurses to businesses, hospitals, governments and assisted care facilities throughout Michigan. Two thirds of AmeriStaff's Nursing Management Team are alumni of the Oakland University's School of Nursing.
There were eleven Nightingale award winners and another eleven runner-ups that received scholarships or recognition for exceptional service. For over three decades, this has been a night to acknowledge and strengthen the entire southeastern Michigan nursing community.
Since 1980, AmeriCare Medical, Inc. has provided integrated health care services to hospitals, assisted care facilities and private homes throughout Michigan. AmeriCare Medical, Inc. is the parent company of AmeriStaff Nursing Services, Sun Medical Equipment and Rx iV Pharmacy, making it a one stop shop for patients and all of their home care needs. For more information visit: https://www.americaremedical.com# # # #
SOURCE AmeriCare MedicalInc.