International Road Dynamics Inc.

International Road Dynamics Inc.

September 12, 2005 14:12 ET

IRD Receives First WIM Contract in Bangladesh

SASKATOON, SASKATCHEWAN--(CCNMatthews - Sept. 12, 2005) - International Road Dynamics Inc. (TSX:IRD) announced today that it has recently received a contract from Asian Traffic Technologies (ATT) in Dhaka, to supply 4 Weigh-in-Motion (WIM) systems to the Roads and Highways Department (RHD) of the government of Bangladesh. Each WIM system is a combination of High Speed (HSWIM) and Slow Speed (SSWIM) scales integrated with enforcement cameras and traffic control signaling. The WIM systems shall be utilized for managing commercial vehicle operations and weight enforcement. The contract is valued at approximately CAD$600,000.

This project will deliver the first integrated WIM (combination of HSWIM and SSWIM) systems on highways in Bangladesh. The WIM systems will be implemented at two locations, with one WIM system on either direction of the highway at each location. The HSWIM systems shall utilize the Bending Plate technology which is the most suitable for enforcement operations. The RHD in Bangladesh has an extensive highway development program and understands the need to enforce vehicle weights to preserve the highways from damages due to overloading. RHD wants to ensure appropriate systems are implemented on the highways to prevent damage due to overloading, and as such intends to enforce vehicle overloading through Bending Plate HSWIM systems at a number of additional locations.

Mr. Terry Bergan, IRD's President and CEO noted, "We are very pleased to receive the first WIM systems contract in Bangladesh. Through our office in Delhi, India, we provide full support to our customers in South Asia, and this local support is a key reason for our continuing growth in the region. We are proud to have received this prestigious new contract, and look forward to our continued participation in the highway infrastructure development program of the Bangladesh government."

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.

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)