International Road Dynamics Inc. (USA) - Press Release: International Road Dynamics Inc. (“IRD”), a Quarterhill Inc. (“Quarterhill”) company (TSX:QTRH) (OTCQX:QTRHF), announced 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.”
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.
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.