Iteris,
Inc. (NYSE MKT: ITI), a leader in providing information solutions to
the transportation and agriculture markets, has received a patent for
technology related to assessing the impact of weather on crop harvest
operations in precision agriculture. The U.S. Patent Office issued
Iteris U.S. Patent Number 9,009,087 for modeling the impact of
time-varying weather conditions on post-harvest crop drying techniques.
The patent addresses the technology in Iteris’ ClearAg™
offerings for harvest operations in precision agriculture. Specifically,
the patent teaches a system and method of applying real-time,
field-level weather simulation to identify the optimal time to harvest
crops, based on predicted weather and soil conditions and crop moisture
levels. The ClearAg system implements multiple agriculture models to
generate a series of context-based, harvest advisory outputs for
supporting farm operations management.
“This patent covers an important element of the technical foundation of
our ClearAg products,” said Tom Blair, senior vice president of
Performance Analytics at Iteris. “We anticipate expanding our patent
portfolio to cover a broad set of our intellectual property in this
area. We believe that our ClearAg product offering will allow growers
and agribusinesses to optimize harvest operations and enhance
time-sensitive harvest decision-making. Through our full suite of
ClearAg products, our customers are able to utilize real-time content
and agricultural models for enhanced decision-making at all stages of
the crop production cycle.”
ClearAg is an intuitive application suite that leverages the power of
agronomic models to solve complex agricultural challenges. Iteris’
patented technology leverages the ClearAg learning platform, an ensemble
of multiple concurrent weather models, and applies global soil,
agronomic crop growth models, and a multi-sensor science-based analysis
of current and past weather and soil conditions, all curated by a staff
of degreed meteorologists. The ClearAg
solution set provides users with the right information for the right
field at the right time, allowing access to the best decision-making
information available.
About Iteris, Inc.
Iteris, Inc. (NYSE MKT: ITI) is a leader in providing information
solutions to the transportation and agriculture markets. We are focused
on providing this information to practitioners in these markets to
improve their effectiveness and efficiency. By combining our expertise,
unique IP and information infrastructure in a suite of products and
services, Iteris offers a broad range of solutions to both domestic and
international customers. The firm is headquartered in Santa Ana,
California, with offices throughout the U.S. and in select locations
internationally. For more information, please visit www.iteris.com
or call 1-888-329-4483. Also visit us on Facebook,
Twitter,
and YouTube.
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 future
capabilities and benefits of our ClearAg products, as well as the
expansion of our patent portfolio. 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 develop, complete, roll out and
gain broad market acceptance for our ClearAg products, the challenges in
the development of software-based solutions generally; the future
adoption of technology based analytics solutions in the agriculture
market; and our ability to gain additional patent protection for our
technologies and products; 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).
Copyright Business Wire 2015