- Weigh-in-Motion systems at three sites in the District of Columbia will be upgraded and
augmented with Virtual Weigh Station and E-screening for
Commercial Vehicle Enforcement
- The upgrades will provide DDOT with several benefits,
including improved safety, infrastructure protection, and increased
efficiency
SASKATOON, SK, June 22,
2023 /PRNewswire/ - International Road Dynamics Inc.
("IRD"), a Quarterhill Inc. ("Quarterhill") company (TSX:
QTRH) (OTCQX: QTRHF), announces the award of a $7.6 million contract to upgrade three of its
legacy Weigh-in-Motion ("WIM") systems with the District of Columbia's District Department of
Transportation ("DDOT"). These systems will be augmented with IRD's
Virtual Weigh Station ("VWS") and Electronic Screening
("E-screening") systems to perform commercial vehicle enforcement.
All Financial information in this press release is reported in
Canadian dollars unless otherwise indicated.
The project includes upgrading and repairing high-speed WIM
stations and associated civil works at three sites. DDOT has
existing IRD WIM data systems at these locations that utilize
Single Load Cell ("SLC") WIM scales. The SLC scales will be
reconditioned with new load cells and platforms installed in the
existing frames. The scales have provided continuous service for
over 15 years providing research-quality data over a much longer
life than is typical for WIM sensors.
The upgraded WIM scales will be augmented with new cameras,
license plate readers, iSINC system electronics, Virtual Weigh
Station software, an Intelligent Roadside Operation Computer, and
dynamic message signs. DDOT end users will have complete remote
access to commercial vehicle records using a laptop computer. The
remote user is also able to control the message signs that direct
vehicles to report for inspection and issuance of overweight
citations.
Upgrading DDOT's WIM systems to provide information to the
district's commercial vehicle enforcement personnel will provide
several benefits, including:
- Improved safety: Overweight or overloaded trucks
are more likely to cause accidents and can also cause damage to
roads and bridges. By identifying these vehicles and enforcing
weight limits, DDOT will improve safety for all drivers and reduce
the cost of repairs to infrastructure.
- Increased revenue: By enforcing weight limits and
issuing fines to violators, the district can increase revenue that
can be used to repair and maintain its infrastructure.
- Increased efficiency: Upgrading a WIM system to
provide information to commercial vehicle enforcement personnel can
help improve the efficiency of their operations. With access to
real-time data on truck weights and other characteristics,
enforcement personnel can more easily identify violations and
target their efforts where they are most needed.
"The SLC WIM system is one of the foundational technologies that
built IRD's reputation, and we're pleased to see one of our
longstanding customers continue to build their projects around our
most durable WIM offering. The SLC WIM system provides long-term
value and high-speed weighing accuracy in an easy-to-service system
that is well suited to data and enforcement applications," said
Rish Malhotra, IRD President and CEO. "Upgrading DDOT's WIM data
systems with IRD's advanced VWS functionality will provide
information to the district's commercial vehicle enforcement
personnel and help improve safety, increase revenue, improve
efficiency, and promote better compliance with weight limits and
other regulations."
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.
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, without limitation,
the risks described in Quarterhill's March
22, 2023 annual information form for the year ended
December 31, 2022 (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 Quarterhill Inc.