CORPORATE OFFICES: CANADA: 702 - 43RD ST. E. SASKATOON, SK S7K 3T9
U.S.: 2402 SPRING RIDGE DRIVE, SUITE E SPRING GROVE, IL 60081
CHILE: MARIA L. SANTANDER 0360, PROVIDENCIA, SANTIAGO, CHILE
INDIA: B1/F8, MOHAN CO-OPERATIVE INDUSTRIAL ESTATE, MATHURA ROAD, NEW DELHI, INDIA 110044
CHINA - NO. 1 INDUSTRIAL DISTRICT JINSHANQIAO ECONOMIC DEV. ZONE XUZHOU, JIANGSU PRC 221004
BRAZIL - Rua Dr Jesuino Maciel, 1175 Campo Belo - 04615-033 Sao Paulo, SP Brazil For Immediate Release: January 14, 2013IRD AWARDED COMMERCIAL VEHICLE E-SCREENING CONTRACT IN NEW JERSEY
Saskatoon, SK January 14, 2013 - International Road Dynamics Inc. (IRD) announced today that it has been awarded a contract to implement and operate a commercial vehicle electronic screening
system as
part of New
Jersey's
Commercial
Vehicle Information Systems and
Networks
(CVISN)
program. The CVISN program is a collection of information systems and communication networks
owned and
operated
by government, carriers and stakeholders that support
commercial
vehicle
operations (CVO). As a result of this contract, IRD will provide e-screening services to commercial carriers with an estimated value to IRD in excess of USD $1.5M over the life of the contract.
As part of
the five (5) year contract, IRD will design, install, and operate Core CVISN compliant,
transponder-based electronic screening systems at three (3) weigh station locations in the state, two
(2) weigh stations that already exist and a third weigh
station that
is currently under construction.
These new systems will provide electronic mainline screening of transponder-equipped vehicles that
will reduce
crashes and fatalities
as a result of focused
enforcement on higher risk carriers. In
addition these systems will reduce congestion in and around weigh stations while providing driving time and fuel savings to compliant carriers to facilitate more efficient movement of freight.
Mr. Terry Bergan, IRD's President and CEO
stated, "We are pleased to have
been awarded this
contract with the State of New Jersey which expands our deployment of electronic screening systems in North America. We expect the commercial vehicle electronic screening segment of our business to increase significantly as we continue to expand our presence and build upon our reputation for quality and service."
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 Canada 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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The Company's shares trade on the Toronto Stock Exchange under the symbol IRD.
FOR MORE INFORMATION PLEASE CONTACT: Terry Bergan, President & CEO
Francine Senecal-Lepage, Investor Relations
Phone: (306) 653-6600
Phone: (306) 653-6603
U.S. (303) 355-5998
Fax: (306) 653-1454 Email: irdir@irdinc.com
www.irdinc.com
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