Quarterhill Inc T.QTRH

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

Technology Communication Equipment

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.

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Quarterhill Inc

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Post by Superrichkidon Oct 05, 2011 7:58pm

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Post# 19123543

Update on updates from Fraser Mac

October 5, 2011
WILAN (WIN:TSX, $5.49) Mkt. Cap $676M

Strong Buy, Target $14.00, Potential ROR 155%

WiLAN Moves OSC to Cease Trade MOSAID Rights Plan + Provides Business Update

? The company announced yesterday that the "waiting period" under the U.S. Hart-Scott-Rodino Antitrust Improvements Act, has expired, in regard to WIN? hostile offer to acquire MOSAID, as first announced on August 16th, 2011.

? WIN has received a "no-action" letter from the Commissioner of Competition that confirming that the commissioner does not intend to challenge the offer as per required by the Canadian Competition Act.

? Thus, the two reasons as mentioned above satisfy the requirements for HSR Act Clearance and Competition Act Clearance, as disclosed in the "offer". The Company also announced that an OSC hearing is scheduled for October 12th, 2011, at which WiLAN will seek to have MOSAID? Shareholder Rights Plan cease traded. Overall the news regarding the regulatory clearances is a typical course of action in the acquisition process.

? Additionally, this morning the company put out a business update for Q3 FY2011. Within the quarter the company signed license agreements with four companies (Ixia, Infinite Digital, Makena Electronic and HKC Overseas Limited) including multi-year licenses relating to both Wi-Fi and its V-chip technology. Furthermore, its Gladios subsidiary signed agreements with four additional companies in addition to its existing agreements with 01 Communique Inc. and Poynt. Overall, the company? business activities continue to contribute cash to its bottom line. As of June 30th WIN had $204 million in cash and short term investments. We reiterate our $14.00 per share target price and Strong Buy recommendation.