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• Deon brings extensive tolling, transportation, and business expertise to Quarterhill

TORONTO, Dec. 31, 2024 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading provider of tolling and enforcement solutions in the Intelligent Transportation System ("ITS") industry, announces the appointment of Pasquale T. (Pat) Deon, Sr. to its Board of Directors.

Mr. Deon brings a wealth of experience in tolling, ITS, and business leadership to Quarterhill. As the former Chairman of the Southeastern Pennsylvania Transportation Authority ("SEPTA") and current Vice Chairman of the Pennsylvania Turnpike Commission, Mr. Deon has played a pivotal role in advancing large-scale transportation initiatives. He is also an accomplished entrepreneur and community leader with extensive business experience in the real estate, energy, hospitality, and beverage industries.

"We are thrilled to welcome Pat Deon to Quarterhill's Board of Directors," said Rusty Lewis, Chair of the Board at Quarterhill. "Pat's background in transportation, particularly his leadership roles at SEPTA and the Pennsylvania Turnpike Commission, will bring valuable insight to our tolling and enforcement businesses. His entrepreneurial achievements, proven ability to lead large-scale transportation initiatives, and deep relationships within the ITS industry make him an ideal addition to the board as we seek to capitalize on opportunities in our market and deliver on our growth potential."

During his 25-year tenure as Chair of SEPTA, the nation's sixth-largest public transit system, Mr. Deon led significant expansions and technological innovations, contributing to a billion-dollar capital budget, increasing ridership, and maintaining balanced budgets. His leadership also helped secure over $800 million in project financing, earning him recognition along the way, such as the "Outstanding Public Transportation Board Member Award" from the American Public Transportation Association.

Beyond SEPTA, Mr. Deon has been recognized for his leadership roles on several influential boards, including the Pennsylvania Turnpike Commission, the Delaware River Port Authority, the Greater Philadelphia Chamber of Commerce, and the Pennsylvania Convention Center.

Mr. Deon's entrepreneurial achievements are equally noteworthy. As the owner of Progressive Management, his business holdings span diverse industries, including real estate, energy, hospitality, and regulated gaming. He is also the Executive Chairman of SportsContentCo, LLC, a data supplier to the sports betting industry and serves on the board of Independence Health Group, Pennsylvania's largest insurance company.

Mr. Deon's dedication to his community has included support for the Special Olympics, Pennsylvania March of Dimes, the American Red Cross, and other notable organizations and foundations, which reflects his commitment to civic and philanthropic endeavors.

About Quarterhill
Quarterhill is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. Our goal is technology-driven global leadership in ITS, via organic growth of our tolling and enforcement businesses, and by continuing an acquisition-oriented investment strategy that capitalizes on attractive growth opportunities within ITS and its adjacent markets. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF. For more information: 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.

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, 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.

View original content:https://www.prnewswire.com/news-releases/pasquale-t-pat-deon-sr-joins-quarterhills-board-of-directors-302340450.html

SOURCE Quarterhill Inc.

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TORONTO, Sept. 2, 2025 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading global provider of intelligent transportation system ("ITS") solutions, today announced the successful resolution of a previously disclosed contract renegotiation with one of the Company's tolling customers.

The resolution, reached through constructive mediation, reflects the shared commitment of both Quarterhill and its customer to fostering a strong, long-term partnership. Together, the parties chose to reset the relationship on positive new terms, laying the foundation for a healthier, more collaborative, and mutually beneficial future.

Pending final approval by the customer's governing body, the resolution includes a one-time payment to Quarterhill in Q3 2025 to address historical cost-recovery matters. In addition, the agreement secures improved payment terms, enhanced performance standards, and a structure that raises annual revenue while simultaneously reducing costs associated with the previous contract. Importantly, the new terms also provide a termination-for-convenience provision covering a three-year operations and maintenance period, with financial incentives that support stronger margins and reward exceptional performance.

"This outcome represents an exciting step forward for Quarterhill and our valued customer," said Chuck Myers, Chief Executive Officer of Quarterhill. "By working together in good faith, we've not only resolved past issues but created a framework that strengthens our relationship, improves predictability, and sets the stage for long-term success. This agreement underscores the trust our customers place in Quarterhill and highlights the Company's proactive approach to building sustainable partnerships. We're proud of this resolution and energized about the opportunities it creates for both sides as we continue to deliver smarter, safer, and more efficient transportation solutions."

This resolution marks a significant milestone in Quarterhill's operational transformation, offering greater clarity for shareholders while reaffirming the Company's commitment to strong customer relationships and forward-looking growth.

About Quarterhill
Quarterhill is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. Our goal is technology-driven global leadership in ITS, via organic growth of our tolling and enforcement businesses, and by continuing an acquisition-oriented investment strategy that capitalizes on attractive growth opportunities within ITS and its adjacent markets. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF. For more information: 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. Specifically, this news release contains forward-looking statements relating to, but not limited to: approval of the mediation agreement by the customer's governing body; operational and financial impacts of the agreement; the results of the Company's efforts to improve margins and strengthen its financial position; the Company's operational transformation and growth expectations.

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, approval of the Agreement by customer's governing body; demand for Quarterhill's products and services; general economic and market conditions; competition; risks relating to technological advances and cyber-security; force majeure risks; risks associated with operations in foreign countries, including but not limited to changes in government policies, political or economic instability, currency fluctuations, difficulties in enforcing contracts and intellectual property rights, differing regulatory and legal requirements, and potential difficulties in repatriating funds; 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. The foregoing lists are not exhaustive. Additional information on these and other factors which could affect the Company's operations or financial results are included in the Company's most recent annual information form and other public documents on file with the Canadian Securities regulatory authorities on www.sedarplus.ca.

The forward-looking statements represent the Company's views as at the date of this news release. There can be no assurance that forward-looking statements will prove to be accurate, as actual events and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on any forward-looking statement. The Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.

View original content:https://www.prnewswire.com/news-releases/quarterhill-reaches-favorable-mediation-agreement-strengthening-tolling-contract-302543407.html

SOURCE Quarterhill Inc.

Why Road Safety Matters

There's no denying the urgency of safeguarding human life on our roads and bridges. The quest for enhanced road safety is at the heart of everything we do here at Quarterhill, especially as we gear up for IBTTA’s inaugural Global Road Safety Week on June 24-28. The ‘Be Safe Together’ campaign isn’t just a slogan; it’s a clarion call for collective action to make our roads less hazardous. This movement spotlights the collective responsibility of international players to pioneer and implement strategies that aim at decreasing road fatalities and accidents. Each innovation we introduce and each measure we implement is a step closer to ensuring that everyone, from the casual commuter to the long-haul truck driver, arrives at their destination safely.

‍Why We Develop Safety Technologies

For over 40 years, our focus has been on developing technologies that address the critical needs of road safety. We developed these technologies because we believe that safety doesn't just happen; it requires proactive measures and continuous improvement. Our Tire Anomaly Classification System (TACS) and e-screening systems were created to detect and monitor safety issues before they become critical, helping shape safer practices among road and commercial vehicle operators.

Technology for Bridges and Tolling Applications

Our commitment to safety extends to critical infrastructure components like bridges and tolling systems. Bridges require precise monitoring to ensure their integrity and safety, and our Weigh-In-Motion technology, combined with advanced sensors, provides real-time data on vehicle weights, helping to prevent damage and extend the lifespan of bridge structures.

Quarterhill is also at the forefront of enhancing road safety with its advanced toll road systems, which notably reduce traffic congestion and incorporate innovative technologies. The implementation of dynamic toll pricing, for instance, discourages peak-time travel, effectively minimizing the bumper-to-bumper traffic that often leads to accidents and delays. Additionally, our electronic toll collection (ETC) systems facilitate smoother traffic flow by removing the need for vehicles to stop at toll booths, which significantly decreases the risk of collisions.

Modern toll roads equipped with Quarterhill’s technology feature state-of-the-art safety protocols, such as automated incident detection systems that promptly alert operators to accidents or hazards on the road, enabling a quicker emergency response. Furthermore, these toll roads are maintained to a higher standard, with continuous monitoring and timely maintenance that are essential in preventing accidents caused by road defects. In essence, Quarterhill’s toll road technology not only streamlines the driving experience but also plays a crucial role in ensuring that journeys are safer for everyone.

The recent acquisition of Red Fox ID by Quarterhill further strengthens the safety performance of our tolling solutions. Red Fox’s Quantum technology, including Quantum LiDAR and Quantum HYBRID, provides high-accuracy vehicle detection and classification in all traffic and weather conditions. These advanced sensor technologies support overhead detection and classification, ensuring minimal in-pavement installation and high reliability. By integrating Quantum’s solid-state LiDAR and hybrid solutions, we enhance the safety and efficiency of tolling operations, reducing the need for road closures that place service technicians and the public at risk.

By leveraging these innovations, we support the evolving needs of the tolling industry, making tolling operations safer and more efficient.

Supporting Vulnerable Road Users

Quarterhill's radar technologies play a crucial role in enhancing road safety, offering significant benefits for vulnerable users such as cyclists and pedestrians. Notably, through products like speed display signs and intersection detection systems, these technologies foster safer shared spaces.

The I-SAFE speed display signs equipped with radar technology effectively manage vehicle speeds in crucial areas. By detecting and displaying the speed of passing vehicles, these signs encourage drivers to reduce their speed, creating a safer environment for pedestrians and cyclists. This immediate feedback mechanism is essential in areas where slower speeds can greatly reduce the risk of accidents.

Intersection detection systems, such as the Icoms TMB-134, significantly boost safety at crossings for both cyclists and pedestrians. For cyclists, radar detection at intersections identifies their presence and can automatically trigger a green light, reducing wait times and discouraging risky crossing behaviors. This technology ensures that cyclists are integrated into the traffic flow safely and efficiently.

Similarly, radar detection aids pedestrians at intersections by detecting their intent to cross and extending walk lights as needed. This feature is particularly beneficial in ensuring that pedestrians, including those who move more slowly, can cross safely without the pressure of a rapidly changing light. Such systems can adapt in real-time to the pedestrian traffic flow, essentially customizing safety measures to immediate requirements and creating a safer, more inclusive roadway infrastructure.

Looking Forward

We are proud to support the ‘Be Safe Together’ campaign, recognizing that real change comes from collaboration. By combining our technological innovations with intelligent policies and campaigns, we can create safer roadways for everyone.

Join us in celebrating Global Road Safety Week and learn more about our efforts to enhance road safety worldwide.

For more information about the ‘Be Safe Together’ campaign, visit IBTTA’s Be Safe Together.

‍

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• Quarterhill Inc. is a platinum sponsor and exhibitor at the IBTTA Technology Summit, a key platform for discussing the future of tolling technology, which will take place from March 22 to 25, 2025, in Dallas, Texas.
• At the IBTTA Technology Summit, Quarterhill will showcase advanced tolling technologies, including video-based vehicle classification systems and the Quantum LiDAR-based AVDC system.

TORONTO, March 20, 2025 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading provider of tolling and enforcement solutions in the Intelligent Transportation System ("ITS") industry will be exhibiting at the International Bridge, Tunnel and Turnpike Association's ("IBTTA") Technology Summit from March 22 to 25, 2025 in Dallas, Texas. The summit is a convergence of the industry's best and brightest, offering an unparalleled opportunity to engage in conversations that will shape the future of tolling technology.

The event will feature a comprehensive program, including technical tours, a large exhibit hall, and strategic networking events, along with targeted sessions addressing the evolving challenges and opportunities in the toll industry. As a platinum sponsor with its U.S. headquarters in Dallas, Quarterhill is uniquely positioned to support this year's event. The Company's local team looks forward to welcoming attendees, maintaining a significant presence throughout the summit, and actively participating in the forward-thinking discussions that will shape the future of tolling technology

On March 24, Rick Strobridge, Chief Revenue Officer at Quarterhill, will deliver a thought-provoking Tech Talk titled 'It is Brain Surgery: How Innovations in Healthcare Can Benefit Transportation.' His presentation will explore valuable cross-industry connections, demonstrating how cutting-edge healthcare technologies can revolutionize automated tolling and intelligent transportation systems

At the summit, Quarterhill will unveil several pioneering tolling applications:

• A Digital Video Audit System ("DVAS"), which showcases real-time, efficient data classification that uses Artificial Intelligence without the need for prior model training on specific data sets.
• iTHEIA, a sophisticated AI Vehicle Counting and Classification system that reflects Quarterhill's commitment to cutting-edge traffic management solutions.
• Continuous live demonstrations of the Quantum Automatic Vehicle Detection and Classification ("AVDC") system, a fully above-ground classification system for tolling. Attendees will be able to see the system in operation and take home a LiDAR picture of themselves.

Moreover, IBTTA Tech will serve as a platform for attendees to gain insights into Quarterhill's established electronic tolling expertise. Quarterhill utilizes cutting-edge cloud services for transaction processing, roadside monitoring, and analytics. These technologies, together with advanced AI and LiDAR classification, exemplify Quarterhill's commitment to leveraging modern technologies to refine tolling operations and improve efficiency.

Chuck Myers, CEO of Quarterhill, invites all IBTTA Tech attendees to experience the Company's unique approach: "This year's IBTTA Tech holds special significance for us at Quarterhill. As we showcase our latest innovations, I welcome every participant to visit us in Dallas and experience the future of tolling. Our competitive edge lies in our commitment to flexible, configurable components that enable faster deployments and seamless adaptability without the complexity of custom implementations.  We've built our solutions to be robust, scalable, and secure - empowering tolling agencies to evolve proactively and maintain pace with industry innovation."

To learn more about Quarterhill's participation at the IBTTA Technology Summit or to schedule a meeting at booth #607, please contact our event team or visit our website.

About Quarterhill
Quarterhill is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. Our goal is technology-driven global leadership in ITS, via organic growth of our tolling and enforcement businesses, and by continuing an acquisition-oriented investment strategy that capitalizes on attractive growth opportunities within ITS and its adjacent markets. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF. For more information: 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.

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, 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.

View original content:https://www.prnewswire.com/news-releases/quarterhill-to-exhibit-at-the-2025-ibtta-technology-summit-in-dallas-texas-302406659.html

SOURCE Quarterhill

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TORONTO, Jan. 8, 2025 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading provider of tolling and enforcement solutions in the Intelligent Transportation System ("ITS") industry, announces that Kyle Chriest, Chief Financial Officer ("CFO"), is leaving the Company to pursue another employment opportunity.

Mr. Chriest will remain with Quarterhill until the end of January to ensure an orderly transition. The Company has engaged an executive search firm to assist in recruiting a new CFO. Morgan Demkey, VP Operations, has been appointed Interim CFO while the Company conducts its CFO search. Mr. Demkey joined Quarterhill in 2021 as Director of Finance and transitioned into the VP Operations role in 2024. Prior to that, Mr Demkey held a variety of progressively senior finance roles in various organizations, including KPMG LLP. Mr. Demkey holds both Chartered Professional Accountant (CPA) and Chartered Accountant (CA) designations and has a Masters of Professional Accounting degree from the University of Saskatchewan.

"I'd like to thank Kyle for his leadership and valuable contributions during a pivotal 18 months for the Company. We wish him the best in his new role," said Chuck Myers, CEO at Quarterhill. "In 2024, we made substantial progress in turning around the Company - integrating our businesses, divesting non-core assets, streamlining our cost structure, and enhancing our technical capabilities. With this transformation process nearly complete, we believe we are well-positioned to capitalize on these achievements and drive top-line growth and margin expansion in 2025 and beyond."

Mr. Chriest's departure is not due to any disagreement with the Company or the board regarding its operating performance, financial results, accounting principles, practices or financial statement disclosures. The Company remains confident in its strategic direction and financial health, with no changes to its outlook as previously discussed during the Q3 earnings call on November 8, 2024. Quarterhill expects to report its Q4 2024 results in mid-March 2025.

About Quarterhill

Quarterhill is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. Our goal is technology-driven global leadership in ITS, via organic growth of our tolling and enforcement businesses, and by continuing an acquisition-oriented investment strategy that capitalizes on attractive growth opportunities within ITS and its adjacent markets. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF. For more information: 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"), including, without limitation, statements regarding the CFO transition, the Company's positioning for future growth and success, and timing of release of its Q4 2024 results. 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.

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, demand and competition for CFO talent; 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 attract talent and 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.

View original content:https://www.prnewswire.com/news-releases/quarterhill-announces-cfo-departure-302345285.html

SOURCE Quarterhill

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$2.7 Million Investment Brings AI-Enabled Safety Inspection Technology to Two of Arkansas' Busiest Trucking Corridors

TORONTO, Oct. 9, 2025 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading global provider of intelligent transportation system ("ITS") solutions, together with the Arkansas Department of Transportation ("ARDOT") and the Arkansas Highway Police, today announced the launch of a $2.7 million project to modernize freight operations on two of the state's most critical freight corridors. All dollar amounts are in U.S. dollars unless otherwise specified.

The initiative will deploy advanced mainline sorter systems at Lehi on I-40 Eastbound and at Marion on I-55 Southbound, two key entry points that handle some of the highest truck volumes in the nation.

Working in partnership, ARDOT, the Arkansas Highway Police, and Quarterhill are introducing an integrated suite of AI-driven and sensor-based technologies that will streamline inspection, improve safety, and keep commerce moving efficiently without the need for costly roadway expansion. These next-generation mainline sorter systems will feature:

• Weigh-in-Motion (WIM) sensors to capture truck weights at highway speeds.
• Tire Anomaly Classification System (TACS) for real-time detection of unsafe tire conditions.
• License Plate Recognition (LPR), Department of Transportation (DOT) Checks, and Intelligent Roadside Operations Computer (iROC) to verify vehicle credentials instantly.
• Fully Integrated Dynamic Message Boards to guide drivers who need further inspection.

"This project demonstrates how technical innovation and collaboration can solve real-world challenges in freight management and strengthen Arkansas' position as a national leader in freight movement," said Quarterhill CEO Chuck Myers. "By working hand in hand with ARDOT and the Arkansas Highway Police, we are ensuring that Arkansas' highways remain safe, efficient, and capable of supporting growth in interstate commerce for decades to come."

The modernized systems will help Arkansas address increasing freight volume at one of America's busiest trucking corridors while supporting ARDOT's broader mission to deliver safer, smarter, and more sustainable transportation infrastructure. The project underscores the importance of technology-driven solutions for freight corridors where expansion is challenging, but traffic volumes continue to grow. As interstate commerce continues to surge, these upgrades will ensure Arkansas remains at the forefront of efficient, safe freight movement.

"Partnering with Quarterhill allows us to bring cutting-edge tools to two of Arkansas' most important freight gateways," said Jeff Holmes, Chief of Arkansas Highway Police. "These upgrades will strengthen enforcement, improve roadway safety, and keep goods moving efficiently across our state and beyond. This initiative is a win for our economy, drivers, and communities."

This project underscores Quarterhill's commitment to working closely with transportation agencies nationwide to deliver cutting-edge ITS solutions to today's most pressing mobility challenges.

To learn more about Quarterhill, please visit the Quarterhill.com.

About Quarterhill
Quarterhill is a global leader in the Intelligent Transportation System (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.

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, demand for Quarterhill's products and services; general economic and market conditions; competition; risks relating to technological advances and cyber-security; force majeure risks; risks associated with operations in foreign countries, including but not limited to changes in government policies, political or economic instability, currency fluctuations, difficulties in enforcing contracts and intellectual property rights, differing regulatory and legal requirements, and potential difficulties in repatriating funds; 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. The foregoing lists are not exhaustive. Additional information on these and other factors which could affect the Company's operations or financial results are included in the Company's most recent annual information form and other public documents on file with the Canadian Securities regulatory authorities on www.sedarplus.ca.

The forward-looking statements represent the Company's views as at the date of this news release. There can be no assurance that forward-looking statements will prove to be accurate, as actual events and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on any forward-looking statement. The Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.

View original content:https://www.prnewswire.com/news-releases/quarterhill-and-arkansas-department-of-transportation-partner-to-modernize-freight-operations-at-states-critical-crossroads-302579225.html

SOURCE Quarterhill Inc.