Saskatoon, SK May 8, 2012 – International Road Dynamics Inc. (IRD) announced today that Mr. Edward (Ted) Mahood, CA has been appointed Vice President of Finance and Chief Financial Officer for the Company effective May 28, 2012. Prior to joining IRD Mr. Mahood was Chief Financial Officer of Vicwest Corporation and Executive Vice President, Chief Financial Officer and Treasurer of Linamar Corporation. He received his BA from the University of Western Ontario and an Honors Degree in Business Administration from the Richard Ivey School of Business. He has been a member of the Canadian Institute of Chartered Accountants since 1989.
“We are very pleased to welcome Mr. Ted Mahood to IRD,” commented Mr. Terry Bergan, President and CEO. “Ted brings a wealth of accounting and public company experience to our company, and we look forward to his contribution to our growth and success in the years ahead.”
IRD is a highway traffic management technology company specializing in supplying products and systems to the global Intelligent Transportation Systems (ITS) industry. IRD is a North American company based in Saskatoon, Saskatchewan Canada with sales and service offices throughout the United States and overseas. Private corporations, transportation agencies and highway authorities around the world use IRD's products and advanced systems to manage and protect their highway infrastructures.
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The Company's shares trade on the Toronto Stock Exchange under the symbol IRD.
FOR MORE INFORMATION PLEASE CONTACT:
President & CEO
Phone: (306) 653-6600
U.S. (303) 355-5998
Phone: (306) 653-6603
Fax: (306) 653-1454
IRD is listed on the TSX - trading symbol - IRD