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Stock Market & Financial Investment News

News Breaks
July 16, 2014
15:09 EDTITIIteris downgraded to Neutral from Buy at Sidoti
Price target $1.
News For ITI From The Last 14 Days
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April 14, 2015
08:33 EDTITIIteris announces patent for precision farming advisor
Iteris 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.

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