Mr. Chuck Myers reports

ELECTRONIC TRANSACTION CONSULTANTS AND CENTRAL TEXAS REGIONAL MOBILITY AUTHORITY LAUNCH NEW TOLL SERVICE

Quarterhill Inc.'s wholly owned subsidiary, Electronic Transaction Consultants (ETC), has launched its new toll collection system with the Central Texas Regional Mobility Authority (CTRMA) on State Highway 71 (SH 71) in Austin, Tex.

The 71 toll lane on SH 71 is a major traffic corridor connecting drivers to Austin-Bergstrom International Airport, the city of Bastrop and points beyond. ETC has introduced a state-of-the-art toll collection system to enhance the toll experience along a bustling four-mile segment of SH 71. This upgraded toll system on SH 71 provides a seamless and dependable bypass route for through traffic, ensuring smoother journeys for all, especially during peak-hour congestion. The same number of non-tolled travel lanes that were in place before the project began remain available to drivers.

This project is the first of six existing CTRMA toll facilities that will see ETC's state-of-the art toll collection system deployed in the Austin area. For these projects, ETC is deploying its riteSuite technology, a comprehensive suite of roadside equipment, and support solutions.

riteSuite brings intelligence and efficiency to the lane. The on-site roadside integration of equipment gives CTRMA the ability to track a vehicle as it goes through a lane, identify its classification, read its transponder and licence plate, assign it a price, and then alert the back office for processing and billing. A suite of analytics, reporting, and dashboard tools helps to identify, track and respond to issues as they happen, and to monitor trends over any time period. System uptime and accuracy of vehicle information are key metrics on which ETC is evaluated.

"We are always exploring new and price-reliable technologies to help better serve our customers. We've found a partner in ETC whose goals align with our own. Together, we are proud to be part of the next-generation tolling system -- envisioned, developed and implemented for drivers in central Texas," said Greg Mack, director of IT (information technology) at the mobility authority. "We look forward to the ongoing partnership and the road that lies ahead."

"We are committed to providing Austin-area drivers with the highest level of service and convenience, and to helping CTRMA achieve its goals of improving mobility and traffic safety for the communities they serve," said Kevin Holbert, president of ETC. "We look forward to continuing to expand our relationship with CTRMA with the existing and new projects CTRMA has coming up in central Texas."

Chuck Myers, chief executive officer of Quarterhill, added: "We are pleased to go live on SH 71, the first of our projects with CTRMA and the second toll project launch for Quarterhill in the past month. Transitioning our ongoing tolling projects from implementation to the operations phase is important for Quarterhill as we work to expand our presence in the U.S. tolling market, and drive top-line and margin growth for the business."

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.

About Electronic Transaction Consultants LLC

ETC is a leading U.S. intelligent transportation systems provider, developing and delivering best-in-class solutions for tolling, congestion management, urban mobility and multimodal transportation needs. ETC's passionate and innovative team has been driving the future of mobility since 1999, with several industry firsts, including all-electronic tolling (AET), dynamic pricing, agency interoperability, hosted mobility solutions and machine learning.

For over two decades, ETC has delivered sophisticated solutions to many of the United States' largest toll authorities, including statewide programs, county networks and tolling-specific authorities. ETC's solutions process over two billion transactions annually totalling over $3-billion in revenues for its customers, incorporating the latest in evergreen open-source and SaaS (software as a service) technologies and big-data architecture through its innovative riteSuite products.

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