- The new WIM station will assist Brussels Mobility in
achieving its goals of improving road safety and creating a fair
regulatory environment by reducing the number of overloaded
vehicles on the roads of the Brussels region.
- Traffic data provided by the system will support Brussels
Mobility's mission to foster economic growth and improve quality of
life through the development of transport infrastructure.
TORONTO, Jan. 10,
2025 /PRNewswire/ - Quarterhill Inc.
("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF),
announced today a contract to provide weigh-in-motion ("WIM")
technology to Brussels Mobility through a joint project with
Belgium-based technology
integrator Jacops NV ("Jacops"). Quarterhill will be responsible
for the design and supply of the WIM subsystem, technical support,
and training. Quarterhill will also provide Jacops with the
software necessary for commercial vehicle monitoring and
enforcement.
Quarterhill will supply the WIM system for the Brussels-Capital
Region weigh station, which will be used to pre-select overloaded
vehicles for enforcement. The dynamic weighing station will promote
and improve the efficiency of inspections by screening vehicles at
highway speeds in advance of the law enforcement inspection site.
In addition, the weigh station will generate data that provides an
accurate, real-time picture of the vehicles on the E19 highway.
The system's goal is to reduce the number of overloaded vehicles
on the Brussels Region's roads. Overloading causes many problems,
such as rapid road deterioration, more serious accidents, and
unfair competition between transport companies. Quarterhill's
technology mitigates these issues by screening for overweight
vehicles while optimizing the use of enforcement resources.
"We are excited at the prospect of introducing our advanced
enforcement technology to Brussels Mobility and expanding our
presence in Europe," said
Chuck Myers, CEO of Quarterhill.
"Together with Jacops, we will deploy a state-of-the-art high-speed
WIM system that will make Belgian roads safer and more sustainable.
We have a longstanding relationship with Jacops as a customer for
our microwave sensor products, and this project demonstrates how
having a broad portfolio of traffic technologies and established
relationships with traffic system integrators leads to further
opportunities."
The weigh station will monitor four lanes of one-way traffic on
the highway and record data on vehicle classification and vehicle
tax without impeding traffic. An overview camera provides images to
help enforcement personnel clearly identify vehicles flagged by the
system. An Automated Number Plate Reader system will photograph,
recognize, store, process, and transmit the number plates of
vehicles approaching the dynamic weighing station.
Quarterhill's iSINC WIM controller was selected for the project
as it offers preselection of overweight vehicles, creates
comprehensive vehicle records, classifies vehicles, and meets the
desired standards for continual uptime monitoring and ease of
service. iSINC's versatility allows it to control a wide array of
sensors, cameras, dimensioning systems, communication systems, and
custom equipment.
WIM sensors that comply with the accuracies outlined in the Nmi
International WIM standard Specification and test procedures for
WIM Systems will be installed at the site. The WIM sensors meet the
lane width specifications and provide high durability, stable
output over time, and IP68 water resistance.
Quarterhill will advise Jacops on the design and placement of
the WIM system components to ensure optimal operation, including
onsite technical support for installation, testing, and initial
calibration. Quarterhill will also provide Jacops with thorough
training on the WIM components and system calibration. Over the
2-year warranty period, Quarterhill will provide remote diagnostics
and technical support to ensure continuous uptime and optimal
performance.
"This project shows that Quarterhill's technology is well suited
to the precise needs of European agencies. We are set to elevate
road safety and integrity in the region, reinforcing our expanding
footprint in this important market," stated Heimo Haub, Managing Director, Quarterhill
Europe.
About Quarterhill
Quarterhill is a leading provider of
tolling and enforcement solutions in the Intelligent Transportation
System (ITS) industry. Our goal is technology-driven global
leadership in ITS, via organic growth of our 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 TSX under the symbol QTRH and on the OTCQX Best
Market under the symbol QTRHF. For more information:
www.quarterhill.com.
Forward-looking Information
This news release contains
forward-looking information and forward-looking statements within
the meaning of applicable Canadian securities laws (collectively,
"forward-looking statements"). Such forward-looking statements
relate to future events, conditions or future financial performance
of Quarterhill based on future economic conditions and courses of
action. All statements other than statements of historical fact
may be forward-looking statements. Such forward-looking statements
are often, but not always, identified by the use of any words such
as "seek", "anticipate", "budget", "plan", "goal", "expect" and
similar expressions.
Forward-looking statements involve known and unknown risks,
assumptions, uncertainties and other factors that may cause actual
results or events to differ materially from those anticipated in
such forward-looking statements. Material risk factors that could
cause actual results to differ materially from the forward-looking
statements contained in this news release include, among others,
demand for Quarterhill's products and services; general economic
and market conditions; competition; risks relating to technological
advances and cyber-security; and other risks set forth in the
Company's most recent annual information form available on SEDAR+
at www.sedarplus.ca. The Company believes the expectations
reflected in the forward-looking statements are reasonable, but no
assurance can be given that these expectations will prove to be
correct and such forward-looking statements included in this news
release should not be unduly relied upon. Material factors and
assumptions used to develop the forward-looking statements
contained in this news release include, among others: Quarterhill's
ability to execute on its business plan; demand for Quarterhill's
products and services; operating assumptions; and financial
projections and cost estimates. Quarterhill 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