International Road Dynamics Inc.

International Road Dynamics Inc.

September 07, 2005 10:16 ET

International Road Dynamics Inc.: Oklahoma Department of Transportation and Other State DOTs Renew Maintenance Contracts

SASKATOON, SASKATCHEWAN--(CCNMatthews - Sept. 7, 2005) - International Road Dynamics Inc. (TSX:IRD) (IRD) announced today that the Oklahoma Department of Transportation has renewed the annual service contract to supply, install, operate and maintain new and existing Weigh-In-Motion (WIM) Data Collection Sites state-wide. The contract is valued at approximately CDN$850,000 involving the installation of new WIM sites, maintenance, and operation of the new and existing IRD equipment over the next 12 months.

Additionally, IRD announced that several other State highway agencies have renewed maintenance contracts over the past two months, including the Oregon, Illinois, Indiana, and North Carolina Departments of Transportation, Washington State Patrol, Nebraska Department of Roads, and the Kentucky Transportation Cabinet. The total value of these contracts exceeds CDN$1,250,000 with work proceeding over the next year.

Mr. Terry Bergan, IRD's President and Chief Executive Officer commented "We are proud of our ongoing relationship with the Oklahoma Department of Transportation. This type of project is consistent with IRD's strategic goals to provide exceptional field support for our customers, and develop long term, mutually beneficial relationships".

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.

Contact Information

  • International Road Dynamics Inc.
    Terry Bergan
    President & CEO
    (306) 653-6600 or U.S. (303) 355-5998
    International Road Dynamics Inc.
    Francine Senecal-Lepage
    Investor Relations
    (306) 653-6603
    (306) 653-6609 (FAX)