Saskatoon, SK March 11, 2011 - International Road Dynamics Inc. (TSX:IRD) announced today that it has been awarded two new contracts in India.
IRD will supply the toll collection system for the Bandra Worli Sea Link Project, which is considered one of the most prestigious infrastructure projects in India. Once completed, the Sea Link will have a daily traffic flow of 37,000 vehicles.
The other project awarded to IRD is for operations and maintenance of the Delhi-Agra National Highway.
Saskatchewan Premier Brad Wall was on hand for the signing, saying the deals mark “the beginning of a new, mature chapter in our trade partnership with India as we move beyond food and fertilizer and into high-tech innovative products.”
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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