OTCPK:IRNRF - Post by User
Post by
summit4on Mar 04, 2003 8:45am
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Post# 5916189
Pakistan Contract
Pakistan Contract
IRD Expands International Business with Award of 17 Slow Speed Weigh-In-Motion (SSWIM) Systems in
Pakistan
SASKATOON, SASKATCHEWAN--International Road Dynamics Inc. (IRD)
announced today that it has been awarded a contract valued at CDN
$500,000 by National Engineers, its exclusive distributor in the
Country of Pakistan, to supply 17 SSWIM systems to the National
Highways Authority (NHA). This is a repeat order with the highway
authorities and follows previous contracts where IRD supplied 12
high speed and 10 slow speed Weigh-In-Motion (WIM) systems in the
years 1997 and 2002 respectively. Under the contract IRD
supplies the systems and National Engineers completes all the
in-country installation and on-going service.
The IRD-SSWIM systems will be installed on the N5 National
Highway to provide a quick and efficient way to check trucks for
weight compliance. The SSWIM scales provide a check of axle,
axle group, axle spacing and bridge formula compliance while the
truck crosses the scale at speeds of up to 8 MPH (13 KPH). The
IRD-SSWIM technology is used worldwide by weight enforcement
agencies, including systems used at the southern U.S. border
crossings. The SSWIM is an efficient, cost-effective tool to
ensure truck and axle weight compliance. The IRD-SSWIM scales
are also used in freight loading terminals and other truck
staging and loading areas.
IRD President and CEO Mr. Terry Bergan, stated "This contract
enhances our growing presence and commitment to provide
innovative ITS Solutions in the international market. It has
been assisted by the establishment of our Liaison Office in the
region, which has enabled IRD to more effectively capitalize on
new opportunities and has provided IRD's customers with local
support. We look forward to working with the NHA on this
important project."
For further information about IRD Weigh Systems or other IRD
Systems, please contact Mr. Aman Kishore, Regional Manager -
South Asia, at IRD's office in New Delhi, by Tel:
0091-129-2512294, Fax: 0091-129-2512295, email:
aman.kishore@irdinc.com or visit IRD's web site at
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.
The Company's shares trade on the Toronto Stock Exchange under
the symbol IRD.
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FOR FURTHER INFORMATION PLEASE CONTACT:
International Road Dynamics Inc.
Terry Bergan
President & CEO
(306) 653-6600 or U.S. (303) 355-5998
or
International Road Dynamics Inc.
Francine Senecal-Lepage
Investor Relations
(306) 653-6603
(306) 653-6609 (FAX)
Email: irdir@irdinc.com
Website: www.irdinc.com