Business
Quarterhill and Illinois Tollway Extend Longstanding Agreement with $10.7 Million Tolling Operations Contract
Quarterhill and Illinois Tollway Extend Longstanding Agreement with $10.7 Million Tolling Operati...
About this update from Quarterhill Inc
[{"type":"text","content":"Quarterhill and Illinois Tollway Extend Longstanding Agreement with $10.7 Million Tolling Operations Contract\n\n\nQuarterhill and Illinois Tollway Extend Longstanding Agreement with $10.7 Million Tolling Operations Contract\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\nPR Newswire\n\n\nThree-Year Renewal Builds on Collaboration Supporting Toll Revenue Management and Maintenance Program\nTORONTO, 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.\nThe extension, valued at approximately $10.7 million, runs from January 31, 2026, through January 30, 2029. Under the agreement, Quarterhill will continue working closely with the Illinois Tollway to support and enhance mission-critical legacy back-office and host roadside transactional systems that underpin daily toll collection across the Illinois Tollway system.\nThrough the collaboration, Quarterhill will provide ongoing operational support and system enhancements to ensure seamless integration with roadside transactional systems and multi-partner back-office solutions. The work supports uninterrupted toll collection, system reliability, and a consistent customer experience while enabling future moderating initiatives.\n\"The Illinois Tollway has a clear focus on safety, reliability, and customer service,\" said Chuck Myers, CEO of Quarterhill. \"This extension reflects our shared commitment to keeping critical tolling systems running smoothly, while supporting Illinois Tollway's long-term operational and modernization goals. By working side by side, we help ensure resilient infrastructure and a positive experience for drivers across the network.\"\nThe contract supports the Illinois Tollway's Toll Revenue Management and Maintenance Program and builds on Quarterhill's...