- VDS, a subsidiary of Quarterhill, secures homologation
certificates from Germany's PTB
and Austria's BEV for the
next-generation M5 Speed enforcement camera with advanced
encryption and software that offers exceptional precision and
tamper-proof evidence.
- With its robust features and ability to significantly reduce
speed violations, the M5 Speed sets a new benchmark in traffic
enforcement.
TORONTO, June 13, 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, announced today
that its subsidiary, VDS Verkehrstechnik ("VDS"), has been awarded
a homologation certificate by the Physikalisch-Technische
Bundesanstalt Nationales Metrologieinstitut ("PTB"), Germany's renowned national metrological
institute, and a certificate renewal by Bundesamt für Eich- und
Vermessungswesen ("BEV"), Austria's Federal Office of Metrology and
Surveying. These certifications will pave the way for German and
Austrian sales of the M5 Speed enforcement camera.
The M5 Speed enforcement camera has been certified against
strict and comprehensive standards for speed measurement and speed
enforcement. This significant achievement includes type approval
for the M5 Speed equipped with its newest digital camera model, ISC
4000V3, which features ECDSA P-256 Elliptical Curve Cryptography,
new operating instructions, and updated measuring instrument
software, setting a new standard in traffic enforcement
technology.
Improved Security
When the M5 Speed camera catches a
vehicle speeding, it immediately takes a photo as evidence. The
camera uses ECDSA technology to 'seal' the digital image of
the vehicle together with the data from the speed measurement using
a digital 'signature'. This signature ensures that the photo and
speed data are protected against tampering or manipulation. The
images can only be viewed with software supplied by
Quarterhill.
This feature is crucial for two main reasons:
- Integrity and Trust: For drivers and the legal system to
trust the outcomes of speed enforcement cameras, the evidence they
produce must be beyond reproach—unchanged from the moment it's
captured until it's presented in any potential legal setting. ECDSA
ensures this integrity, providing a foundation of trust in the
system.
- Legal Validity: In the court of law, the authenticity of
evidence is paramount. If there's any chance that the evidence
could be tampered with, its credibility collapses. That's where
ECDSA shines, offering the assurance needed for such evidence to
hold up in legal proceedings, making the roads safer for
everyone.
Certification from legal metrology authorities provides
assurance to governments, insurers, and courts that the M5 Speed is
not just a tool for deterring speeding, but also does so with
unmatched integrity and reliability.
Leading-edge Technology for Safer Communities
In
response to the widespread need for effective speed control in
high-traffic areas, the M5 Speed offers an unparalleled solution
that brings about lasting positive changes in driving behavior.
Studies and practical experience demonstrate that the
implementation of fixed speed enforcement like the M5 Speed leads
to a marked decrease in speed limit violations, significantly
enhancing road safety in communities.
Innovations for Efficient and Reliable Speed
Enforcement
The M5 Speed embodies efficiency and reliability
with its fully autonomous operation, capable of automatic restarts
after local power failures. Engineered to withstand harsh weather
conditions, including rainstorms, blizzards, and heat waves, the M5
Speed promises unwavering performance year-round. Its design is
discreet, blending seamlessly into diverse environments with
optional housings for urban compatibility.
Unmatched Features Set M5 Speed Apart
- High-Precision Speed Measurement: Utilizes cutting-edge
fiber optic sensors for lane-specific and optional motorcycle
detection, delivering incontrovertible, court-proof evidence.
- Robust Security: Ensures manipulation-proof results
through encrypted image capture.
- All-Weather Capability: Remains fully operational
in all types of weather conditions.
- Sustainability: Features low power consumption with
an optional fuel cell for grid-independent installations.
- Fully Automated System: Offers automated data transfer,
and software applications facilitating the administrative and legal
processes seamlessly.
- Advanced Customization: Supports network integration,
car/truck differentiation with automatic speed adjustments, and
tunnel measurement capabilities as optional enhancements.
"We are thrilled to receive the type-examination certificates
from PTB and BEV for our M5 Speed enforcement camera with improved
encryption, affirming our commitment to enhancing road safety
through technological innovation," said Chuck Myers, CEO of Quarterhill. "These
certifications not only validate the security, reliability, and
effectiveness of the M5 Speed but also mark a significant step
forward in our mission to create safer roads for everyone. With its
robust features and proven impact, the M5 Speed is poised to set a
new benchmark in traffic enforcement technology."
The M5 Speed is now certified for use across Germany and Austria and sets a compelling precedent for
global standards in automated speed enforcement solutions.
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.
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SOURCE Quarterhill Inc.
