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Quarterhill Inc T.QTRH

Alternate Symbol(s):  QTRHF | T.QTRH.DB

Quarterhill Inc. is a Canada-based company, which is engaged in providing of tolling and enforcement solutions in the intelligent transportation system (ITS) industry. The Company is focused on the acquisition, management and growth of companies that provide integrated, tolling and mobility systems and solutions to the ITS industry as well as its adjacent markets. The Company’s solutions include congestion charging, performance management, insights & analytics, analytics, toll interoperability, mobility marketplace, maintenance, e-screening, tire anomaly detection, multi-modal data, intersection management, and others. Its tolling includes roadside technologies, commerce and mobility platforms, audit and enforcement, and tolling services. Its safety and enforcement comprise commercial vehicles, automated enforcement, freight mobility, smart transportation, and data solutions. The Company’s wholly owned subsidiary is International Road Dynamics Inc.


TSX:QTRH - Post by User

Bullboard Posts
Comment by SurfForWealthon Mar 08, 2000 7:03pm
397 Views
Post# 1530750

RE: Official News 2nd NR

RE: Official News 2nd NRWi-LAN Signs New Agreement for Wireless Internet Access Rollout in Europe CALGARY, ALBERTA and STOCKHOLM, SWEDEN-- TELIA'S SUCCESSFUL HIGH-SPEED, POINT-TO-MULTIPOINT NETWORK FOCUSES ON DEPLOYMENT AND PRODUCT SALES TO DELIVER INCREASED SALES VOLUMES IN SHORTER TIME PERIOD Wi-LAN, an innovator of high-speed wireless data/Internet communications, announced today a new long-term agreement to expand its broadband wireless Internet access into Europe. Wi-LAN signed a 2-year, supply agreement with Telia GlobalCast Internetworking AB ("Telia"), a Swedish wireless Internet access provider who has forecasted to purchase U.S. $16 Million of Wi-LAN wireless product. This supply agreement supersedes the distribution agreement announced on October 7, 1999. Telia is a major corporate client in the Nordic region and this announcement focuses on covering the selected target areas and on meeting or beating our contract goals. "We are delighted that a public carrier such as Telia has confirmed the performance of our product and we are pleased with the targets Telia has set for deployment over the next two years," says Bill Hews, Wi-LAN president and COO. "This agreement positions us to focus on deployment and delivering higher product sales volumes with increased reliability on timing." EUROPEAN SUCCESS IN HIGH-SPEED WIRELESS INTERNET ACCESS Telia and Wi-LAN are providers of high-speed wireless Internet access offering data transfer rates as high as 25Mbps, the two companies have already had success with Telia's high-speed wireless Internet service CityNet in Stockholm, Gothenberg and Malmo. To meet and exceed the planned deployment rate for the next two years, Telia and Wi-LAN plan to focus on delivering service in Sweden, Finland and Denmark as Telia has confirmed customer orders of US $1 Million. Telia will offer three levels of wireless Internet services, depending on specific needs, to the small office/home office and corporate business users. Wi-LAN will supply Telia with technical design, products and training for network implementation. The system uses a series of nodes, base stations and antennas to transmit data using Internet protocols -- Wi-LAN's Ethernet bridges form the core of these nodes. Future implementations will use Wi-LAN's I.WiLL access point, a W-OFDM (Wideband Orthogonal Frequency Division Multiplexing) product, delivering speeds of 30 Mbps. Telia and Wi-LAN are currently expanding the network throughout Sweden and are aiming for full coverage of the Nordic markets by mid-2000. "The Telia offering in Sweden has been so successful that we feel the time is right to enter the European and U.S. markets," says Osten Makitalo, CEO of Telia. "Moreover, its success is a direct result of the partnership with Wi-LAN." Telia stated an interest to act as a public network operator outside the Nordic Countries in Europe as well as in the United States and would like to purchase Wi-LAN product in connection with this expansion. Wi-LAN has agreed to sell products to Telia when these sales are not in conflict with Wi-LAN's existing activities in these countries. ABOUT Wi-LAN INC. Wi-LAN Inc., based in Calgary, Alberta, Canada, is a leading innovator in the field of high-speed wireless data communications, specializing in high-speed Internet access, LAN/WAN extension and wireless local loop. The company's patented W-OFDM technology is at the foundation of the IEEE 802.11a standard. Wi-LAN's recently launched I.WiLL(TM) 30 Mbps wireless access point is based on the company's patented W-OFDM technology. Wi-LAN's Hopper(TM) and Hopper Plus products have been sold in more than 50 countries on six continents. Wi-LAN is the 1999 recipient of the CATA Alliance Award of Distinction for Emerging Technology. Wi-LAN common shares trade on The Toronto Stock Exchange under the symbol "WIN." Detailed information on Wi-LAN can be found on the Web at https://www.wi-lan.com. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Wi-LAN Inc. Jody Alexander Media Relations (403) 273-9133 jodya@wi-lan.com https://www.wi-lan.com or Wi-LAN Inc. Ken Wetherell Investor Relations (403) 273-9133 kenw@wi-lan.com wi-lan@wi-lan.com or Telia Lena Demborg 46-70-5940345 Lena.M.Demborg@telia.se The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.
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