04:52:37 EST Sun 08 Feb 2026
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Quarterhill Inc
Symbol QTRH
Shares Issued 116,243,392
Close 2025-08-05 C$ 1.29
Market Cap C$ 149,953,976
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Quarterhill obtains contracts in Djibouti, Thailand, SK

2025-08-05 16:40 ET - News Release

Mr. Chuck Myers reports

QUARTERHILL DELIVERS WEIGH-IN-MOTION SOLUTIONS TO IMPROVE ROADWAY SAFETY AND EFFICIENCY IN DJIBOUTI, SOUTH KOREA, AND THAILAND

Quarterhill Inc. has received new international contracts in Djibouti, Thailand and South Korea, marking its first deployment in Djibouti and expanding the company's footprint in East Africa.

Quarterhill's Djibouti deployment introduces a comprehensive overweight enforcement solution combining high-speed and slow-speed weigh-in-motion (WIM) technologies. The system features two high-speed WIM lanes with bending plate sensors for initial vehicle screening, plus six slow-speed lanes for verifying suspected overweight vehicles.

The enforcement infrastructure includes iSINC-based electronics, integrated licence plate readers and barrier gates, all managed through a centralized control room. Quarterhill's weigh station software has been customized for this project with French language support and enhanced citation tracking across multiple workstations. This multitiered approach ensures efficient traffic flow while maintaining accurate weight regulation enforcement.

The project is part of a World Bank-financed infrastructure upgrade, with Quarterhill subcontracted through Danway Emirates LLC and HAWK International & Construction Djibouti SARL leading the initiative.

Quarterhill's continued success in established markets is reflected in repeat orders from Thailand and South Korea, where transportation agencies have expanded their deployments of the company's single load cell and bending plate WIM systems. These follow-on contracts validate the proven performance of Quarterhill's technology in high-traffic environments.

The systems deliver exceptional accuracy through full tire footprint contact and are engineered for long-term durability under heavy traffic conditions. Their temperature stability and consistent performance make them particularly well suited for both high-speed monitoring and enforcement prescreening applications across diverse operating environments.

"These recent achievements in Djibouti, South Korea and Thailand highlight the growing demand for our innovative weigh-in-motion technologies in diverse markets around the world," said Chuck Myers, chief executive officer of Quarterhill. "We are proud to partner with governments and agencies that share our commitment to improving roadway safety and efficiency. By offering highly reliable and customizable solutions, Quarterhill continues to deliver meaningful value to transportation networks globally."

About Quarterhill Inc.

Quarterhill is a leading provider of tolling and enforcement solutions in the intelligent transportation system (ITS) industry. The company's goal is technology-driven global leadership in ITS, via organic growth of its tolling and enforcement businesses, and by continuing an acquisition-oriented investment strategy that capitalizes on attractive growth opportunities within ITS and its adjacent markets. Quarterhill is listed on the Toronto Stock Exchange under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF.

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