SASKATOON, SASKATCHEWAN — (Marketwired) — 05/26/17 — International Road Dynamics ("IRD") (TSX: IRD) announces the Saskatchewan Court of Queen–s Bench has issued a final order approving the previously announced proposed statutory plan of arrangement under section 192 of the Canada Business Corporations Act pursuant to which Wi-LAN Inc. ("WiLAN") (TSX: WIN) (NASDAQ: WILN) will acquire all of the issued and outstanding common shares of IRD for cash consideration of $4.25 p
SASKATOON, SASKATCHEWAN — (Marketwired) — 05/24/17 — International Road Dynamics ("IRD") (TSX: IRD) announces that, at an annual and special meeting of IRD shareholders held earlier today (the "Meeting"), IRD shareholders voted in favour of the proposed transaction pursuant to which Wi-LAN Inc. ("WiLAN") (TSX: WIN) (NASDAQ: WILN) will acquire all of the issued and outstanding common shares of IRD for cash consideration of $4.25 per share by way of a statutory p
SASKATOON, SASKATCHEWAN — (Marketwired) — 04/13/17 — International Road Dynamics Inc. (TSX: IRD), one of the world–s leading providers of systems and solutions for the global Intelligent Transportation Systems (ITS) market, today announced financial results for the first quarter ended February 28, 2017. The first quarter of the Company–s fiscal year is typically weak due to seasonal weather conditions affecting project installations.FIRST QUARTER 2017 HIGHLIGHTS:"The winter weather a
SASKATOON, SASKATCHEWAN — (Marketwired) — 03/28/17 — International Road Dynamics Inc. (IRD) (TSX: IRD) announced today that it has been awarded a contract to supply, install and maintain a Weigh-in-Motion (WIM) Sorting System at the Blunt Port of Entry on US Highway 14 and US Highway 83 east of Pierre, South Dakota. The project is valued at approximately USD$1.1 million with installation to be completed by October 2017. This project is the fifth Port of Entry WIM system supplied by IRD to S
SASKATOON, SASKATCHEWAN — (Marketwired) — 02/27/17 — International Road Dynamics Inc. (TSX: IRD), one of the world–s leading providers of systems and solutions for the global Intelligent Transportation Systems (ITS) market, today announced solid financial results for the fourth quarter and the year ended November 30, 2016.FISCAL 2016 HIGHLIGHTS:"Fiscal 2016 was another record year for IRD as we capitalized on our strong market presence and reputation for quality and service to expand
SASKATOON, SASKATCHEWAN — (Marketwired) — 02/14/17 — International Road Dynamics Inc. (TSX: IRD) announced today that the New York State Department of Transportation (NYSDOT) has awarded the Company a five-year Traffic Data Collection Installation and Maintenance contract valued at USD $7.34 million. Under this agreement, IRD will install, upgrade, repair, operate, and maintain permanently installed traffic data collection sites located within the state of New York.There are six types of Tr
SASKATOON, SASKATCHEWAN — (Marketwired) — 01/30/17 — International Road Dynamics (TSX: IRD), at the request of IIROC on behalf of the Toronto Stock Exchange, confirms that as of the date of this news release there are no corporate developments that would cause the recent movements in the Company–s share price.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 A
SASKATOON, SASKATCHEWAN — (Marketwired) — 10/13/16 — International Road Dynamics Inc. (TSX: IRD), one of the world–s leading providers of systems and solutions for the global Intelligent Transportation Systems (ITS) market, today announced solid financial results for the three and nine months ended August 31, 2016.NINE MONTHS FISCAL 2016 HIGHLIGHTS:"Our strong operating performance continued in the third quarter, underpinned by a significant increase in gross margin and further growth
SASKATOON, SASKATCHEWAN — (Marketwired) — 08/02/16 — International Road Dynamics Inc. (IRD) (TSX: IRD) announced today the award of a USD $3,377,105 contract (total dollar value including any renewal options) from the Illinois Department of Transportation (IDOT). The initial term of this agreement is four (4) years with an option to renew for one additional year. The purpose of this contract is to maintain and maximize performance of the statewide Weigh-in-Motion (WIM) network that is used
SASKATOON, SASKATCHEWAN — (Marketwired) — 07/19/16 — International Road Dynamics Inc. (TSX: IRD) (IRD) announced today that it has been awarded a USD $4,618,555 contract from the Pennsylvania Department of Transportation (PennDOT) for the installation, calibration and maintenance of Weigh-in-Motion (WIM) systems across the state. This contract has an initial term of two years and provides an option for renewal for up to three additional years.PennDOT currently has 38 active IRD WIM systems
