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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 Jan 09, 2003 4:57pm
151 Views
Post# 5746557

Georgia Contract

Georgia Contract IRD Continues Significant Deployment In Georgia With Contracts Totaling CDN $1.1 Million SASKATOON, SASKATCHEWAN--International Road Dynamics Inc. (IRD) announced today that it has received contracts from Brooks - Berry - Haynie & Associates, Inc. to supply an additional two Automated Truck Weigh Station Systems and upgrade an existing one in the State of Georgia. The contracts are valued at approximately CDN $1,100,000. The systems will be installed this year in Troup and Catoosa counties. IRD has previously supplied ten similar systems at five locations (Catoosa, Monroe, Lowndes, Bryan and Brunswick counties) in Georgia, six Truck Rollover Warning Systems at three locations (Fulton, Clayton and Dekalb counties) in the State, and have an ongoing contract for maintenance. These facilities will be integrated with NorPass, a State-operated national commercial vehicle pre-clearance program. The new Automated Truck Weigh Station Systems utilize IRD's patented Single Load Cell Weigh-In-Motion (WIM) technology in combination with Automatic Vehicle Identification (AVI) technology to monitor a truck's weight, credentials, height and other parameters and determine compliance with Georgia regulations. Mr. Terry Bergan, President and CEO of IRD noted, "We are proud of our ongoing relationship with the Georgia Department of Transportation. IRD's Weigh-In-Motion systems will continue to save time and money for both the State of Georgia and the motor carriers that use its highways and roadways. These automated inspection stations contribute to a number of the goals of the U.S. Intelligent Transportation Systems (ITS) program including traffic safety by reducing congestion in and around truck inspection stations and reducing the number of lane changes, trucks exiting and merging onto and off the highway at inspection stations, and environmental concerns by reducing fuel consumption and emissions as significantly fewer trucks must stop and report." 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. -30- FOR FURTHER INFORMATION PLEASE CONTACT:
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