Lane Change Warning: DaimlerChrysler Highlights Iteris Technology
ANAHEIM, Calif.--Oct. 7, 2002--Iteris Inc., a subsidiary of Odetics Inc. today announced that DaimlerChrysler is highlighting Iteris's AutoVue(TM) lane departure warning technology on its Web site: www.daimlerchrysler.com/specials/accidentfreedriving/afd5_e.htm.The lane departure warning system was jointly developed by DaimlerChrysler and Iteris, and was originally available as an option on Mercedes Actros trucks. The start of series production and first unit shipment to DaimlerChrysler commenced June 2000.
Lane departure warning systems are now in use on trucks manufactured by Mercedes, Freightliner and another European truck manufacturer. The Iteris lane departure warning system is a cost-effective tool to increase driver awareness and reduce accidents. By detecting unintentional departures, AutoVue lane departure warning technology gives drivers more information at a time when they may be distracted or otherwise unaware of the impending departure.
Lane departures are a serious problem with serious consequences. Statistically, lane departures were listed as a factor in 43% of all the fatal accidents in the United States in 2001. The Iteris solution to this serious problem, lane departure warning, is part of the AutoVue(TM) family of products intended to compliment the way drivers operate their vehicles.
"Automotive vision systems are now becoming a reality as can be seen by inclusion of our technology on DaimlerChrysler's Web site," said Francis Memole, Iteris vice president of marketing and business development. "We see a bright future for technologies like AutoVue," Memole concluded.
About Iteris Inc.
Iteris, a subsidiary of Odetics, is the technology leader in systems and sensors for surface transportation. Iteris has combined outdoor image processing, traffic engineering and information technology to offer a broad range of telematics and transportation solutions. For more information, see the Iteris Web site at http://www.iteris.com.
About Odetics
Odetics develops products and services to address the safety, security and management of roadways, facilities and networks. Odetics is a market leader for systems and sensors for surface transportation, a supplier of facility access control and environmental security systems, and a developer of broadcast automation systems. Odetics is also a leading provider of equipment built around specific government mandates for secured communications.
Odetics has headquarters in Anaheim. Investors are encouraged to contact the company at 714/774-5000, or at http://www.odetics.com.