Quarterhill Introduces TOPAS-Registered Intersection Solution in United Kingdom
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Company expanding into the
Designed for complex, multilane intersections, the TMB-13X provides traffic authorities with an above-ground alternative to traditional inductive loop detection, helping reduce the roadwork, installation costs and traffic disruption associated with in-road sensors. The product can monitor vehicles and cyclists across multiple lanes; and uses up to nine configurable virtual detection loops based on speed, direction of travel, movement and presence. It also features a compact four-meter blind zone and an intuitive browser-based configuration interface accessible via Wi-Fi to enable faster deployment and simpler ongoing maintenance.
The
"Bringing together more than 30 years of radar-based product development in a solution designed to address the complexities of modern intersections, the TMB-13X reflects our continued focus on technologies that make transportation infrastructure safer and more efficient," said
The TOPAS registration reflects Quarterhill's broader approach to international growth: adapting its ITS technologies to meet the specific regulatory and technical standards of each market it enters. Quarterhill's Smart Transportation and Enforcement solutions are currently deployed across
This milestone adds to continued momentum across Quarterhill's ITS business. In
The TOPAS-registered TMB-13X is now available for order.
About Quarterhill
Quarterhill is a global leader in the Intelligent Transportation Systems (ITS) industry, advancing mobility through smart infrastructure solutions that reduce congestion, improve roadway safety, and create more sustainable travel. Each year, Quarterhill's platforms process billions of transactions; perform compliance and safety inspections on millions of commercial vehicles; and enable transportation agencies worldwide to optimize thousands of lanes of traffic to improve travel for everyone. Leveraging advanced artificial intelligence and machine-learning technologies, Quarterhill's platform delivers automation and predictive insight to help agencies manage transportation networks more efficiently. By working in close partnership with governments, communities, and industry leaders, Quarterhill is building today's connected roadways, while shaping the next generation of intelligent, resilient mobility. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF. For more information, please visit: www.quarterhill.com.
Forward-looking Information
This news release contains forward-looking information and forward-looking statements within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements"). Such forward-looking statements relate to future events, conditions or future financial performance of Quarterhill based on future economic conditions and courses of action. All statements other than statements of historical fact may be forward-looking statements. Such forward-looking statements are often, but not always, identified by the use of any words such as "seek", "anticipate", "budget", "plan", "goal", "expect" and similar expressions. This news release contains forward looking statements relating to, among other things, the adoption of TMB-13X in the UK market, the impact and results from the use of the TMB-13X, and the closing and impact of the Conduent acquisition.
Forward-looking statements involve known and unknown risks, assumptions, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Material risk factors that could cause actual results to differ materially from the forward-looking statements contained in this news release include, among others, TMB-13X not being adopted by the UK market, the failure to complete the Conduent acquisition as planned or realize the expectations on the Company's results, demand for Quarterhill's products and services; general economic and market conditions; competition; risks relating to technological advances and cyber-security; and other risks set forth in the Company's most recent annual information form available on SEDAR+ at www.sedarplus.ca. The Company believes the expectations reflected in the forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. Material factors and assumptions used to develop the forward-looking statements contained in this news release include, among others: Quarterhill's ability to execute on its business plan; demand for Quarterhill's products and services; operating assumptions; and financial projections and cost estimates. Quarterhill has no intention, and undertakes no obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
1 Source: Transport for London.
View original content:https://www.prnewswire.com/news-releases/quarterhill-introduces-topas-registered-intersection-solution-in-united-kingdom-302888385.html
SOURCE Quarterhill Inc.
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