Iron Road Ltd T.IRD

Primary Symbol: IRNRF

Steel Steel

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

Iron Road Ltd

Bullboard Posts

Post by summit4on Dec 09, 2002 9:21am

144 Views

Post# 5659715

Million Dollar Contract

IRD Awarded Service And Upgrade Contract By Illinois Department Of Transportation SASKATOON, SASKATCHEWAN--International Road Dynamics Inc. (IRD) announced today that it has been awarded a contract by the Illinois Department of Transportation to upgrade and maintain existing IRD Weigh-In-Motion (WIM) Systems at various sites throughout the State. The contract has a total value of approximately CDN $1,000,000. The contract includes scheduled and emergency service of previously installed IRD Weigh-In-Motion (WIM) equipment and weight screening systems at 12 weigh station facilities, and 19 Mainline Weigh-in-Motion (WIM) sites located throughout the State. Additionally, the contract provides for the upgrade of video queue detection systems at 3 weigh station facilities in the State and Weigh-In-Motion equipment installation at 2 rest areas to manage the traffic flow of trucks within these facilities. Mr. Terry Bergan, IRD's President and CEO noted, "We are very proud to have this level of relationship with the State of Illinois. Over the years, Illinois has been a dedicated IRD customer, and we are confident that this contract will provide the State the opportunity to realize maximum benefits out of their systems moving forward. Our engineering team is constantly introducing new enhancements to our systems. We are pleased to provide these to our existing customers. Developing new complimentary systems and enhancing our existing systems is a key component of our R&D plan and of our Corporate Strategic Plan." 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. The Company's shares trade on the Toronto Stock Exchange under the symbol IRD. -30- FOR FURTHER INFORMATION PLEASE CONTACT:

Bullboard Posts

Investor’s corner: Solving chronic pain in dogs – A significant market opportunity