- Quarterhill Inc.’s (QTRH) subsidiary has received an award notice to provide electronic toll collection integration and maintenance services
- The awarded subsidiary is Electronic Transaction Consultants, LLC (ETC) for services to the Central Texas Regional Mobility Authority (CTRMA)
- The initial six-year term is valued at US$72,791,680 and is subject to customary terms and conditions
- ETC will implement riteSuite™, its modularized suite of standalone natively integrable subsystems that run on this same cloud-based technology platform
- Quarterhill Inc.’s (QTRH) is down 1.83 per cent and is trading at $2.69 per share as of 3:08 p.m. EST
Quarterhill Inc.’s (QTRH) subsidiary has received an award notice to provide electronic toll collection integration and maintenance services.
The awarded subsidiary is Electronic Transaction Consultants, LLC (ETC) for services to the Central Texas Regional Mobility Authority (CTRMA).
The initial six-year term is valued at US$72,791,680 and is subject to customary terms and conditions.
ETC will deliver system replacements at six existing CTRMA facilities and implement brand-new systems at four future facilities.
ETC will implement riteSuite™, its modularized suite of standalone natively integrable subsystems that run on this same cloud-based technology platform.
Programs included in the riteSuite include:
- riteView™ – An interactive and customizable suite of Big Data analytics, reporting, and dashboard tools.
- riteVision™ – An advanced vehicle and license plate recognition system built on machine learning technology.
- riteJetStream™ – A multimodal system configuration and transaction processing engine built on big data infrastructure and a modern user interface, with configurable micro services and pricing algorithms.
- riteOSS™ – ETC’s upgraded Maintenance Online Management Systems (MOMS) for system monitoring and operational reporting, with advanced functionality.
- riteTRAC™ – AI-based continuous automated lane performance and audit system that provides real-time lane performance monitoring.
This program also means a digital infrastructure promoting the sharing and consumption of all data across multiple platforms and services may be required for future CTRMA digital objectives.
Quarterhill Inc.’s (QTRH) is down 1.83 per cent and is trading at $2.69 per share as of 3:08 p.m. EST.
