ETC Awarded Contract to Be the New Electronic Toll Collection System Provider for Central Texas Regional Mobility Authority

Richardson, Texas, Dec. 17, 2021 (GLOBE NEWSWIRE) — On December 16, 2021, Central Texas Regional Mobility Authority (CTRMA), issued an award to Electronic Transaction Consultants, LLC (ETC), a Quarterhill Inc. company (TSX: QTRH) (OTCQX: QTRHF), for ETC to provide electronic toll collection integration and maintenance services to CTRMA in Austin, Texas. The initial term of the contract is six (6) years and has two (2) two-year extension options. The initial six-year term is valued at US$72,791,680, and the contract is subject to customary terms and conditions. Read More