November 1, 2011, Saskatoon SK - International Road Dynamics Inc. (IRD) announced today that it has been awarded a contract valued at approximately CAD $1.0 Million by Kevco Electric, Inc. for Virtual Weigh Station upgrades to existing Weigh-In-Motion (WIM) Data Collection Systems in the State of New Jersey. These systems will be used by the New Jersey State Police and New Jersey Department of Transportation (NJDOT) to automatically screen commercial vehicle traffic based on gross vehicle weights, axle weights, and dimensions throughout the State. The contract includes a three year full materials, labor, and installation warranty for all work performed under this agreement. The work effort is scheduled to start in the Fall of 2011 with completion of all sites scheduled for the Fall of 2013.
The Virtual Weigh Station upgrade is designed to operate and be fully compatible with other components of the New Jersey Weigh-in-Motion (WIM) System. In total 20 Virtual Weigh Station upgrades consisting of hardware, software, camera, and communications equipment will be supplied under this contact. All of the equipment will be interfaced with IRD’s state-of-the-art iSINC Controller Electronics. IRD will also provide real time access for New Jersey State Police as well as historical data for research and planning purposes.
Mr. Terry Bergan, IRD’s President and Chief Executive Officer, stated, “IRD is pleased to be deploying and integrating our Virtual Weigh Station technology into New Jersey DOT’s Data Collection Systems. By providing a scalable building block approach to our technology, customers can easily add features and functionality to existing systems as they enhance and grow their WIM program. These additions complement existing installations and systems previously supplied by IRD.”
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