Iteris Names New Vice President of Engineering
SANTA ANA, Calif.--Iteris, Inc. (AMEX: ITI), a leader in the traffic management market that focuses on the application and development of advanced technologies, today announced the appointment of Todd Kreter as the new Vice President of Engineering.
“We are pleased to have Todd join Iteris. He brings significant knowledge and experience in engineering management,” said Abbas Mohaddes, president and CEO of Iteris. “We believe his background in product engineering and operations management will enhance the acceleration of our product development strategy.”
Kreter joins Iteris with over 25 years of engineering, operations and program management experience in Transportation, Aerospace and IT industries. In his new role, Kreter will oversee all engineering and software development initiatives that support Iteris products.
Prior to joining Iteris, Kreter has held several engineering and operations management positions at Quantum Corp., and ATL Products, Inc.
“I am delighted to join the management team at Iteris and look forward to continuing and extending the product innovation that has made Iteris a leader in traffic management solutions,” said Todd Kreter, new VP of Engineering for Iteris.
Kreter holds a master’s degree in business administration from Stanford University and a bachelor’s degree in mechanical engineering from California State University, Fullerton.
About Iteris, Inc.
Iteris, Inc. is a leader in the traffic management market. Iteris is focused on the development and application of advanced technologies that reduce traffic congestion, minimize the environmental impact of traffic congestion and improve the safety of surface transportation systems. Combining outdoor image processing, traffic engineering and information technology, Iteris offers a broad range of Intelligent Transportation Systems and driver safety solutions to customers worldwide. Iteris is headquartered in Santa Ana, California with offices throughout the U.S., Europe and Asia. Investors are encouraged to contact us at 888-329-4483, or at www.iteris.com.
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Important factors that may cause such a difference include, but are not limited to the market acceptance of our technologies and of the products that incorporate our technologies; budget constraints and changing governmental priorities; the timing and successful completion of our consulting contracts; the timing and successful completion of customer qualification of our products and the risks of non-qualification; our ability to specify, develop, complete, introduce, market and transition our products and technologies to volume production in a timely manner; the potential unforeseen impact of product offerings from competitors and other competitive pressures; and the general economic and political conditions and specific 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).