- Weigh station e-screening technology will be augmented with
IRD's TACS™ tire screening system to identify commercial vehicles
with flat, missing, or underinflated tires
- The upgraded technology and port-of-entry relocation will
provide a safer traveling experience for users of Interstate
84
- The Declo site will be the
sixth weigh station in the State of
Idaho to be upgraded with IRD's software, roadside
electronics, machine vision, and integrated sensors
SASKATOON, SK, June 20,
2022 /PRNewswire/ - International Road Dynamics Inc.
("IRD"), a Quarterhill Inc. ("Quarterhill") company (TSX:
QTRH) (OTCQX: QTRHF), announced today the award of a $2.2 million contract in Idaho. Under this contract, IRD will supply
and install an eastbound mainline Weigh-in-Motion ("WIM") and
Electronic Pre-Clearance system to complement the westbound IRD
system at the new Idaho Transportation Department Port-of-Entry
("POE") facility on I-84 near Declo,
Idaho. This will be the sixth WIM site IRD has deployed in
Idaho. All financial information
in this press release is reported in Canadian dollars unless
otherwise indicated.
The purpose of the project is to complete the relocation of the
Cotterel POE and provide a safer traveling experience for all
vehicles on the interstate system. Additionally, the new POE
location will facilitate more efficient trucking operations through
the use of advanced weigh station automation and pre-screening
technologies. The updated systems will assist the state in more
effectively meeting federal compliance standards.
This system will weigh Commercial Vehicles at highway speeds
upstream of the weigh station using IRD's Single Load Cell WIM
scales and check for tire defects with IRD's Tire Anomaly and
Classification System ("TACS"). The system will also use an
IRD-supplied License Plate Reader and an Automated Vehicle
Identification system to check vehicle credentials. This
credentialing information will be screened against state and
federal databases using IRD's commercial vehicle safety e-screening
platform. Commercial vehicles in violation of weight or safety
regulations will be automatically signaled to report for inspection
at the port-of-entry weigh station by changeable message signs.
During peak times, weigh stations often exceed capacity and are
forced to close or allow trucks to bypass the weigh station until
the lineup at the station is cleared. By combining Commercial
Vehicle Information Systems and Networks ("CVISN") information with
the weight, the weigh station can focus on high-risk vehicles,
allowing compliant carriers with good safety records to bypass the
weigh station. Not only does this greatly improve the effectiveness
of the weigh station, but it provides a considerable benefit to the
trucking industry by making the roadways safer and reducing wait
times at weigh stations for compliant carriers, thus reducing fuel
costs and greenhouse gas ("GHG") emissions.
"This project complements the existing Idaho Transportation
Department deployments at Boise,
Lewiston, Huetter, Inkom, and Sage Junction that were previously
installed by IRD," said Rish Malhotra, IRD President and CEO.
"IRD's systems have a proven track record of providing a safer
experience to the traveling public in the State of Idaho. By further expanding the
state's network of fully automated weigh station facilities, road
users will benefit from highly efficient systems that reduce road
delays and emissions for heavy truck operators while at the same
time protecting road infrastructure and public safety."
About IRD
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.
For more information: www.irdinc.com
About Quarterhill
Quarterhill is a leading provider of tolling and enforcement
solutions in the Intelligent Transportation System (ITS) industry,
as well as, through its Wi-LAN Inc. subsidiary, a leader in
Intellectual Property licensing. Our goal is global leadership in
ITS, by organic growth of the Electronic Transaction Consultants,
LLC and International Road Dynamics Inc. platforms 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 TSX under the symbol
QTRH and on the OTCQX Best Market under the symbol QTRHF. For more
information, please visit www.quarterhill.com
Forward-Looking
Information
This news release contains forward-looking statements regarding
IRD, Quarterhill and their businesses. Forward-looking statements
are based on estimates and assumptions made by IRD and/or
Quarterhill in light of their experience and perception of
historical trends, current conditions, expected future developments
and the expected effects of new business strategies, as well as
other factors that IRD and/or Quarterhill believe are appropriate
in the circumstances. The forward-looking events and circumstances
discussed herein may not occur and could differ materially as a
result of known and unknown risk factors and uncertainties
affecting IRD and/or Quarterhill, including: potential risks and
uncertainties relating to the ultimate geographic spread of the
novel coronavirus ("COVID-19"); the severity of the disease; the
duration of the COVID-19 outbreak; actions that may be taken by
governmental authorities to contain the COVID-19 outbreak or to
treat its impact; the potential negative impacts of COVID-19 on the
global economy and financial markets and any resulting impact on
IRD and/or Quarterhill and/or their businesses. Other factors
include, without limitation, the risks described in Quarterhill's
March 20, 2022 annual information
form for the year ended December 31,
2021 (the "AIF"). Copies of the AIF may be obtained at
www.sedar.com. IRD and Quarterhill recommend that readers review
and consider all of these risk factors and notes that readers
should not place undue reliance on any of IRD's forward-looking
statements. IRD has no intention, and undertakes no obligation, to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law.
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SOURCE International Road Dynamics