|By Marketwired .||
|June 16, 2014 02:56 PM EDT||
SASKATOON, SASKATCHEWAN -- (Marketwired) -- 06/16/14 -- International Road Dynamics Inc. (TSX:IRD) (IRD) announced today that it has been awarded a CAD $1,650,000 contract from the State of Idaho, Transportation Department (ITD) to supply and install an Electronic Pre-Clearance System for the Huetter Port of Entry. The contract also includes two years of equipment, software, and database maintenance to commence upon completion of the installation.
The project includes IRD's Integrated Electronic Mainline Weigh-In-Motion (WIM) Pre-Screening Solution with IRD's Intelligent Roadside Operations Computer (iROC) that will exchange information with the State's Commercial Vehicle Information Systems and Network (CVISN). Vehicle information such as weight, dimensions, and identification is collected at highway speed and passed to IRD's iROC System to determine in real-time whether a truck is permitted to bypass a weigh station, or to notify the vehicle to report to the station for inspection. The CVISN Program is a key component of the Federal Motor Carrier Administration's (FMCSA's) initiative to improve commercial vehicle efficiency, compliance and safety.
During peak times, weigh stations often exceed capacity and are forced to close or bypass vehicles until the back-log of trucks is cleared. By combining CVISN information with a vehicle's weight, as measured by IRD's WIM System, the weigh station can focus on high risk vehicles, allowing weight compliant carriers with good safety records to bypass the weigh station. Not only does this greatly improve the operation of the weigh station, but it is of considerable benefit to the trucking industry, reducing wait times at weigh stations for reputable carriers and cutting fuel bills and emissions in the process.
Mr. Terry Bergan, IRD's President and CEO stated: "IRD is the global leader of integrated Electronic Pre-Screening solutions for the worldwide Commercial Vehicle Operations sector. We are very excited to participate with the State of Idaho Transportation Department to expand their CVISN Program by deploying Intelligent Transportation Systems technology for the Huetter Port of Entry. The expansion will complement their current Electronic Pre-Screening sites previously supplied by IRD at Lewiston and Boise and grow the State's network of fully automated weigh station facilities. We are also pleased to provide our customer with an extensive maintenance program to ensure the optimum system performance necessary for a successful safety and enforcement program."
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.
The Company's shares trade on the Toronto Stock Exchange under the symbol IRD.
IRD is listed on the TSX - trading symbol - IRD
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