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Stock impact report

IRD Awarded $8.1 Million Hawaii Traffic Data Collection Project

Quarterhill, Inc Common Shares (QTRH)  More Company Research Source: PR Newswire
Last quarterhill, inc common shares earnings: 11/8 06:30 am Check Earnings Report
PDF OTTAWA, Sept. 13, 2018 /PRNewswire/ - International Road Dynamics Inc. ("IRD") a Quarterhill Inc. ("Quarterhill") company (TSX: QTRH) (NASDAQ: QTRH), announced today that it has been awarded a contract by the State of Hawaii Department of Transportation ("HDOT") for Continuous Traffic Monitoring ("CTM") Data Collection Goods and Services Statewide. CTM systems collect traffic volume, speed, vehicle classification, and weight data to support the HDOT's continuous traffic monitoring program on state highways. This agreement covers the supply, operation and maintenance of the CTM systems, as well as data reporting, hosting, and management. The total five-year contract value is $8.1 million. Unless otherwise noted, all dollar amounts are expressed in United States ("U.S.") dollars.IRD has had a successful working relationship with HDOT going back to its original Truck Weigh-in-Motion station on Sand Island Parkway in 1986. Today there are 81 permanent traffic monitoring sites that are sup [Read more]
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