Iteris Appoints Gary Hall and Kimberly Valentine-Poska to its Board of Directors

Iteris, Inc., the world's trusted technology ecosystem for smart mobility infrastructure management, has announced the appointment of Gary Hall and Kimberly Valentine-Poska to its board of directors. These appointments bring significant experience in infrastructure, technology, strategic transactions, and capital allocation to the board.

Gary Hall, a partner and president of infrastructure & public finance for Siebert Williams Shank & Company, is a renowned expert in infrastructure, public finance, and regulatory work. He is also a partner in American Triple I Partners, a public infrastructure private equity firm focused on transportation, energy, knowledge and information systems, and smart city investments. With his extensive experience in transportation, sustainability, and smart cities, Hall's expertise will be invaluable as Iteris continues to evolve its ClearMobility® Platform.

Kimberly Valentine-Poska, managing director at Global Capital Markets, Inc., has had a successful 30-year career in investment banking. She specializes in helping clients across various industry verticals negotiate and close complex domestic and international transactions. Valentine-Poska's experience in technology mergers and acquisitions and strategic transactions will further strengthen the board's capabilities in these important areas. She also serves as an independent director on the board of Empire Valuation Consultants, Inc., an independent valuation firm.

Iteris is the world's trusted technology ecosystem for smart mobility infrastructure management. Through its ClearMobility® Platform, Iteris offers cloud-enabled end-to-end solutions that monitor, visualize, and optimize mobility infrastructure globally. These solutions help bridge legacy technology silos and unlock the future of transportation. With over 10,000 public agencies and private-sector enterprises relying on Iteris every day, the company is at the forefront of driving innovation in the mobility sector.

The appointments of Gary Hall and Kimberly Valentine-Poska reflect Iteris' commitment to enhancing its board of directors with individuals who bring diverse expertise and perspectives. Their extensive knowledge in infrastructure, technology, and strategic transactions will contribute significantly to the company's growth and development.

Iteris' ClearMobility® Platform is a game-changer in the smart mobility sector. By leveraging advanced technologies, data analytics, and real-time information, the platform enables seamless integration and management of various transportation systems. It helps optimize traffic flow, reduce congestion, enhance safety, and improve overall mobility. With Iteris' solutions, cities and transportation agencies can transform their infrastructure into smart, efficient, and sustainable systems.

The company's forward-thinking approach and dedication to innovation have made it a trusted partner for public agencies and private enterprises worldwide. Iteris' solutions have already had a profound impact on transportation networks, enabling more efficient and reliable mobility for millions of people.

Iteris' commitment to board continuity and effectiveness is evident in its integration and retention of independent directors like Gary Hall and Kimberly Valentine-Poska. By adding their expertise to the board, Iteris aims to strengthen its position as a leader in smart mobility infrastructure management.

However, like any organization, Iteris faces challenges in an ever-evolving industry. Factors such as government funding and budgetary issues, changes in project requirements and schedules, availability of resources, and competitive pressures can impact the company's performance. Iteris acknowledges these challenges and actively manages them.

Iteris, Inc. is focused on delivering innovative solutions that address the complex challenges of the modern transportation landscape. By leveraging technology and data-driven insights, the company is shaping the future of mobility. With its diverse portfolio of products and services, Iteris continues to drive positive change in the transportation industry.

In conclusion, the appointment of Gary Hall and Kimberly Valentine-Poska to Iteris' board of directors highlights the company's commitment to enhancing its capabilities in infrastructure, technology, and strategic transactions. With their extensive experience and expertise, Hall and Valentine-Poska will contribute significantly to Iteris' ongoing growth and development. As Iteris continues to innovate and optimize smart mobility infrastructure globally, it remains at the forefront of transforming transportation systems for a better future.