NAU Country Insurance Company Expands Use of Iteris ClearAg for Crop Risk Management

SANTA ANA, Calif. and RAMSEY, Minn., March 31, 2020 /PRNewswire/ -- Iteris, Inc. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, and NAU Country Insurance Company®, a QBE Insurance Company, one of the largest crop insurance providers in the U.S., today announced the expansion of Iteris ClearAg^® services to NAU Country's crop risk management tool, Field Insights™.

Under the terms of the software-as-a-service agreement, which has been extended for an additional three years, ClearAg will provide location-specific environmental intelligence to help growers plan for preventative actions as part of future cold weather events. With a shared focus on sustainable farming, ClearAg and NAU Country will this year introduce frost alerting capabilities within Field Insights.

"We are committed to providing our agents with the most advanced digital agriculture tools available to help their farmers stay informed about the impacts of weather and environmental conditions on their fields," said Michael Deal, chief of technology and marketing at NAU Country. "As one example, the addition of Iteris' ClearAg frost alerting capabilities will complement the ClearAg Spray Advisor and crop growth stage models to provide our customers with field-level data for even better risk management, especially as it relates to the application of agrochemicals at critical crop growth stages."

"With access to ClearAg environmental intelligence, NAU Country agents and farmers have access to the most relevant crop environment conditions for better risk management, especially around in-field spray applications," said Pierre-Andre Rebeyrat, vice president and general manager of Agriculture and Weather Analytics at Iteris. "ClearAg solutions strive to reduce crop production challenges for agriculture professionals, and the availability of ClearAg environmental intelligence through NAU Country's Field Insights platform enables producers to mitigate risk from spray drift and volatilization and minimize crop damage and yield loss."

Field Insights helps farmers throughout the U.S. to make decisions around sustainable farming practices. The tool offers many components that directly focus on soil health, including erosion class and crop production, water use including the palmer drought index and flooding frequency, and pollution levels including spray advising to eliminate the risk of leaching and over spray.

For more information about accessing ClearAg environmental intelligence through NAU Country's Field Insights, contact your local NAU Country agent today. If you are not currently affiliated with NAU Country and would like to learn more, visit www.naucountry.com/weathermetrics, or you can call 800-942-6557, or email [email protected].

About Iteris, Inc.

Iteris is the global leader in applied informatics for transportation and agriculture, turning big data into big breakthrough solutions. We collect, aggregate and analyze data on traffic, roads, weather, water, soil and crops to generate precise informatics that lead to safer transportation and smarter farming. Municipalities, government agencies, crop science companies, farmers and agronomists around the world use our solutions to make roads safer and travel more efficient, as well as farmlands more sustainable, healthy and productive. Visit www.iteris.com for more information and join the conversation on Twitter, LinkedIn, and Facebook.

About NAU Country Insurance Company  

NAU Country Insurance Company is a leading multi-peril crop insurance company passionate about serving the American farmer and supporting their agents in the continental U.S. Headquartered in Ramsey, MN with branch offices in 10 locations, NAU Country has grown over the years by providing outstanding customer service and leading-edge technology. NAU Country is currently licensed in 48 states and employs over 750 field and office staff across the country. As a division of QBE Insurance Group Ltd., one of the top 20 insurers worldwide, NAU Country has the financial strength for today's insurance environment. Visit us at naucountry.com for more information and follow us on Twitter, LinkedIn, and Facebook.

Iteris Forward-Looking Statements

This release may contain forward-looking statements, which speak only as of the date hereof and are based upon our current expectations and the information available to us at this time. Words such as "believes," "anticipates," "expects," "intends," "plans," "feels," "plans," "seeks," "estimates," "may," "could," "should," "will," "can," and variations of these words or similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements about the anticipated benefits and success of our agreement and the ClearAg solution. Such statements are not a guarantee of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict, and actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.

Important factors that may cause such a difference include, but are not limited to, our ClearAg solution's ability to provide critical intelligent insights and improve crop risk management; our ClearAg solution's ability to help users make better informed decisions for crop health; the future adoption of the ClearAg solution in the agribusiness markets; customer's dedication of resources and ability to achieve market acceptance for its own products and services; our ability to gain additional patent protection for our technologies and products; and the potential impact of product and service offerings from competitors and such competitors' patent coverage and claims. 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).

SOURCE QBE North America