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Iron Road Ltd T.IRD


Primary Symbol: IRNRF

Iron Road Limited is an Australia-based mineral exploration company. The principal activity of the Company includes exploration and evaluation of the iron ore interests at the Central Eyre Iron project in South Australia including pursuit of business development opportunities associated with the Cape Hardy port site and industrial precinct. The Company’s projects include the Central Eyre Iron project and Gawler Iron project. The Central Eyre Iron project is located on the Eyre Peninsula of South Australia and is a collection of three iron occurrences, such as Warramboo, Kopi and Hambidge. The Gawler Iron project is in South Australia, located along the eastern margin of the Great Victoria Desert some 200 kilometers southwest of Coober Pedy. The Gawler Iron project area covers 3380 square kilometers (km2) and includes over 10 areas of known iron occurrences, including the Mt Christie deposit. Its subsidiaries include IRD Port Assets Holdings Pty Ltd and IRD Port Assets Pty Ltd.


OTCPK:IRNRF - Post by User

Bullboard Posts
Post by summit4on Dec 05, 2002 10:08am
167 Views
Post# 5649016

contract

contractIRD Awarded Traffic Control Safety System Contract In North Carolina SASKATOON, SASKATCHEWAN--International Road Dynamics Inc. (IRD) announced today that it has received a contract from the State of North Carolina Department of Transportation to supply and operate "Smartzone" traffic control technology on Interstate 95 in Nash and Halifax Counties in North Carolina. The contract is valued at approximately CDN $420,000. The portable system monitors traffic conditions and provides real-time messaging to drivers informing them of the expected travel time or delay through an upcoming traffic control zone. Studies have shown that advance information of traffic delays helps to reduce driver impatience by informing them of conditions ahead and providing them with the opportunity to make choices regarding alternate routes. The system provides the information through roadside message signs as drivers approach a congested traffic area, such as a workzone. This information is also provided on the internet for those drivers wanting to check their route before leaving. IRD's "Smartzone" traffic control technology has the potential to significantly improve traffic safety on Interstate 95, where road-weary drivers traveling from Florida to the Northeast United States are often unaware of the local road circumstances and conditions. IRD's intelligent traffic safety systems also include the Lane Merger System, technology used to promote safe lane changes and the Speed Ranger Variable Speed Limit System that facilitates practical and appropriate deceleration and speed limits as drivers approach areas of traffic congestion due to work zones, lane restrictions, special events, accidents or other traffic disruption. Mr. Terry Bergan, IRD's President and CEO, commented: "The Federal Highway Administration (FHWA) is focusing greater attention on safety, mobility, and traffic volume through traffic control zones. IRD's innovative, intelligent traffic safety systems have been designed to meet this growing concern for construction safety as well as the need to minimize traffic disruptions. Our safety systems are another example of how we are adapting our proprietary technologies for deployment in new, high-growth ITS markets." For further information about IRD Smart Safety Systems or other IRD Systems, please contact Mr. Rod Klashinsky, Sr. Marketing and Sales Director, at phone: (306) 653-6610 Email: rod.klashinsky@irdinc.com or visit our web site at Website: www.irdinc.com. 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 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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