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Quarterhill and Illinois Tollway Extend Longstanding Agreement with $10.7 Million Tolling Operations Contract
Prnewswire· 2026-02-04 12:00
Three-Year Renewal Builds on Collaboration Supporting Toll Revenue Management and Maintenance Program TORONTO, Feb. 4, 2026 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading global provider of intelligent transportation system ("ITS") solutions, today announced a three-year contract extension with the Illinois Tollway, reinforcing a longstanding commitment to safe, reliable, and efficient tolling operations in Northern Illinois. The extension, valued at ...
Quarterhill Announces Appointment of Burland East to Board of Directors
Prnewswire· 2025-12-23 17:30
Company Overview - Quarterhill Inc. is a leading global provider of intelligent transportation system (ITS) solutions, focusing on smart infrastructure that enhances mobility, reduces congestion, and improves roadway safety [4] - The company processes billions of transactions annually, conducts compliance and safety inspections on millions of commercial vehicles, and helps transportation agencies optimize traffic management [4] Leadership Appointment - Burland East has been appointed to Quarterhill's Board of Directors, effective January 1, 2026 [1] - Mr. East brings over 30 years of experience in capital markets, having raised approximately $20 billion in capital through various transactions, including 28 IPOs [2][3] - His expertise in working with institutional investors and navigating financial transactions is expected to strengthen Quarterhill's strategic initiatives and growth plans [3] Strategic Vision - The company aims to leverage Mr. East's experience to optimize its financial strategy and drive sustainable long-term value for shareholders [3] - Quarterhill is focused on building connected roadways and shaping the future of intelligent, resilient mobility through partnerships with governments and industry leaders [4]