Iteris, a prominent supplier
of intelligent traffic management information solutions, has entered into an
agreement with Tinga to make Iteris’ products available on Tinga’s AIR
Exchange™ (AIREX™). The deal gives Iteris the opportunity to have a presence on
the first and only cloud-based independent marketplace that provides access to
financially actionable information and reports to investors.
The agreement stipulates
that Iteris’ traffic and weather information products and services will be
offered on the AIREX online marketplace for use by asset managers, hedge funds,
registered investment advisors, corporate buyers, and other investment
professionals.
“Our partnership with Tinga
demonstrates the need for our traffic and weather solutions in markets outside
of transportation,” said Tom Blair, Senior Vice President, iPerform at Iteris.
“Soon, global investors who seek relevant information to make important
investment decisions will have direct access to purchase Iteris products and services
through the Tinga AIR Exchange online marketplace. We look forward to working
with Tinga and being the first in the traffic and weather management market to
leverage their services.”
Stephen Kuhn, CEO of Tinga,
commented: “For many investors, traffic and weather information is a key
component of investment analysis and decision making. Using Tinga’s AIR
Exchange, Iteris is now able to offer timely, accurate and actionable weather
and traffic information that our customers need to be competitive in today’s
investor environment. We’re excited to partner with Iteris, and look forward to
offering its industry-leading products and solutions through the AIR Exchange.”
Iteris is known for
developing the next generation of intelligent traffic and weather-related
information solutions. These breakthrough solutions should usher in the power
of big data to the prediction of traffic and weather conditions, and the
delivery of actionable information to public and commercial marketplaces.
For further information, please
visit www.tingatech.com and www.iteris.com
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