Mr. Chuck Myers reports

QUARTERHILL AWARDED $5.3 MILLION TENNESSEE STATEWIDE WEIGH-IN-MOTION CONTRACT

Quarterhill Inc.'s wholly owned subsidiary, International Road Dynamics Inc. (IRD), has been awarded a $5.3-million contract by the Tennessee Department of Transportation (TDOT) to install weigh-in-motion (WIM) systems at 28 sites on interstate and state routes across Tennessee. Installation is expected to be completed in May, 2025.

TDOT is promoting the advancement of WIM in the state through the development of a statewide WIM program. The WIM systems will capture and record axle weights and gross vehicle weights as vehicles drive over the measurement sites at highway speeds. The sites will provide data on commercial vehicle characteristics in certain transit corridors for asset management and design improvements.

Some of the WIM sites are co-located with enforcement sites operated by the Tennessee Highway Patrol, which will integrate its commercial vehicle inspection program with the WIM data. In addition to collecting data, the WIM systems will be able to determine if trucks are overloaded so they can be routed to inspection stations for ticketing, thus cutting down on excessive highway wear and tear and the number of unsafe vehicles on the road. There is also the potential for future upgrades of the sites with e-screening technology to automate the evaluation of driver and trucking company safety ratings, resulting in enhanced enforcement capabilities and further improvements to highway safety.

"We are pleased to collaborate with TDOT on this project to elevate highway safety and efficiency in Tennessee," said Chuck Myers, chief executive officer of Quarterhill. "The deployment of advanced WIM systems will provide vital data to facilitate effective enforcement, enhance asset management and significantly improve the safety of Tennessee's highways. This project is our first major initiative in Tennessee and we look forward to exploring opportunities to expand our footprint further in the State."

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 through organic growth of the Electronic Transaction Consultants LLC and International Road Dynamics Inc. (IRD) platforms, and by continuing an acquisition-oriented investment strategy that capitalizes on attractive growth opportunities within ITS and its adjacent markets.

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