- State of Minnesota acquires
15 TACS™ systems for Virtual Weigh Stations to aid their goal to
improve highway safety by working with providers of commercial
transportation to enhance the safety of their operations
- The TACS systems will be used to screen commercial vehicles
for unsafe tire conditions
SASKATOON, SK, June 27,
2023 /CNW/ - International Road Dynamics Inc.
("IRD"), a Quarterhill Inc. ("Quarterhill") company (TSX:
QTRH) (OTCQX: QTRHF), announced today that the company has been
awarded a contract to supply 15 Tire Anomaly and Classification
Systems ("TACS") for the Minnesota Department of Transportation
("MnDOT"). The new systems will be used by Minnesota State Patrol for commercial vehicle
enforcement purposes. The financial terms of the contract are
confidential.
IRD will add 15 TACS to five existing Virtual Weigh Station
sites that are being used by the Minnesota State Patrol for weight enforcement
and by MnDOT for traffic data collection. IRD's Virtual Weigh
Station software is a web-based solution for remotely viewing
vehicle records, including weights from weigh-in-motion
sensors.
The TACS will integrate directly with the Virtual Weigh Station
interface to display the precise location of unsafe tires on
vehicles that cross the TACS sensors. Mobile enforcement teams
stationed downstream from the checkpoints will be able to identify
trucks with tire anomalies such as flat, missing, or underinflated
tires. On the basis of the TACS screening, they will issue
citations to noncompliant vehicles' operators, requiring them to be
out of service until the unsafe tire defects are corrected.
"MnDOT's decision to upgrade their Virtual Weigh Station systems
with TACS shows how important tire anomaly screening is for the
State's efforts to improve commercial vehicle safety," said Rish
Malhotra, IRD President and CEO. "TACS' unparalleled accuracy in
detecting tire problems for actionable Out-of-Service violations
makes the system the leading solution for ensuring commercial
vehicles are operating with safe, compliant tires."
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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content:https://www.prnewswire.com/news-releases/quarterhill-announces-tire-anomaly-screening-system-contract-in-minnesota-301864091.html
SOURCE Quarterhill Inc.