International Road Dynamics Inc.

International Road Dynamics Inc.

December 14, 2006 09:18 ET

IRD Announces New $1.5 Million Maintenance Contract Award

SASKATOON, SASKATCHEWAN--(CCNMatthews - Dec. 14, 2006) - International Road Dynamics (TSX:IRD)(IRD) announced today that it was awarded a contract by the Hawaii Department of Transportation (HDOT) to provide Weigh-in-Motion (WIM) and Continuous Vehicle Data Collection (CVDC) goods and services statewide. This project is intended to supplement HDOT's existing program and provide maintenance and data collection services as well as enhanced features and performance to their existing systems. The contract has a total three year value of CAD $1.5 Million, with approximately CAD $1.1 Million available in the first two years.

There are 7 Permanent HDOT WIM and 2 Continuous Vehicle Classification Sites that will become part of this project. These sites are located on three of the eight major islands (Oahu, Maui, and Hawaii). These sites provide volume classification and weight data necessary for future pavement planning and design.

HDOT stated "The Planning Branch Planning Survey Section is pleased to announce the award of the WIM/CVDC Goods and Services Contract to International Road Dynamics Inc. HDOT has had successful WIM Projects with IRD in the past and we value their commitment to provide high quality maintenance, data collection, and data validation services."

Mr. Terry Bergan, IRD's President and Chief Executive Officer commented, "This type of project is in line with IRD's objectives for long-term partnerships with our valued customers and our goal to increase our stream of recurring maintenance and data services business. We are proud of the positive ongoing relationship with the Hawaii Department of Transportation."

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)