11:44:12 EDT Sun 05 May 2024
Enter Symbol
or Name
USA
CA



Quarterhill Inc
Symbol QTRH
Shares Issued 114,633,034
Close 2023-06-27 C$ 1.25
Market Cap C$ 143,291,293
Recent Sedar Documents

Quarterhill's IRD to supply 15 TACS to Minnesota DOT

2023-06-27 07:41 ET - News Release

Mr. Rish Malhotra reports

QUARTERHILL ANNOUNCES TIRE ANOMALY SCREENING SYSTEM CONTRACT IN MINNESOTA

International Road Dynamics Inc., a Quarterhill Inc. company, has been awarded a contract to supply 15 tire anomaly and classification systems (TACS) for the Minnesota Department of Transportation (MnDOT). The new systems will be used by Minnesota State Patrol for commercial vehicle enforcement purposes. The financial terms of the contract are confidential.

IRD will add 15 TACS to five existing virtual weigh station sites that are being used by the Minnesota State Patrol for weight enforcement and by MnDOT for traffic data collection. IRD's virtual weigh station software is a Web-based solution for remotely viewing vehicle records, including weights from weigh-in-motion sensors.

The TACS will integrate directly with the virtual weigh station interface to display the precise location of unsafe tires on vehicles that cross the TACS sensors. Mobile enforcement teams stationed downstream from the checkpoints will be able to identify trucks with tire anomalies such as flat, missing or underinflated tires. On the basis of the TACS screening, they will issue citations to non-compliant vehicles' operators, requiring them to be out of service until the unsafe tire defects are corrected.

"MnDOT's decision to upgrade their virtual weigh station systems with TACS shows how important tire anomaly screening is for the state's efforts to improve commercial vehicle safety," said Rish Malhotra, IRD president and chief executive officer. "TACS' unparalleled accuracy in detecting tire problems for actionable out-of-service violations makes the system the leading solution for ensuring commercial vehicles are operating with safe, compliant tires."

About International Road Dynamics Inc.

IRD is a dynamic technology company engaged in developing key components and advanced systems for the next generation of transportation networks. Together with subsidiaries PAT Traffic and IRD Europe (ICOMS Detections, Sensor Line and VDS), IRD supplies intelligent transportation systems (ITS) to private corporations, transportation agencies and highway authorities around the world. IRD's systems make highways safer, greener and more efficient. Known globally as a trusted partner providing sales, service and installation support on major ITS projects for over 40 years, IRD contributes to creating smarter cities by empowering engineering and urban planning professionals to access reliable traffic data.

About Quarterhill Inc.

Quarterhill is a leading provider of tolling and enforcement solutions in the intelligent transportation system (ITS) industry. Its goal is global leadership in ITS, by organic growth of the Electronic Transaction Consultants LLC and International Road Dynamics platforms and by continuing an acquisition-oriented investment strategy that capitalizes on attractive growth opportunities within ITS and its adjacent markets.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.