About Quarterhill

Quarterhill Inc. operates in the intelligent transportation system and intellectual property licensing industries. The company has various subsidiaries, such as International Road Dynamics Inc. (International Road Dynamics); Wi-LAN Inc. (WiLAN); Polaris Innovations Limited, a direct subsidiary of WiLAN; WiLAN Technologies Inc., a direct subsidiary of WiLAN; and Sensor Line (Sensor Line - Gesellschaft für optoelektronische Sensoren mbH), a direct subsidiary of International Road Dynamics. The company operates through two segments, Licensing and Intelligent Transportation Systems. Products and Services International Road Dynamics’ products and services include automated truck weigh stations, toll road systems and equipment, traffic management and safety systems, the VectorSense tire sensor suite and related Vehicle Information-In-Motion traffic intelligence system, integrated traffic control systems, permanent Weigh-In-Motion systems, portable slow speed Weigh-In-Motion systems, portable wheel load scales, traffic data collection, vehicle and axle detection equipment, and automated vehicle identification services and equipment among other hardware and software products and offerings. WiLAN’s service offerings have historically been focused on monetizing patents, both its own and those provided by third party patent partners for WiLAN to monetize and share the proceeds of such monetization, by granting non-exclusive licenses to third parties to use the technologies covered by those patents. WiLAN has also entered into a multiyear annual subscription strategic partnership agreement enabling its strategic partner to obtain certain rights to patents acquired during the term of the agreement and potentially to acquire certain of these patents in consideration for additional payments to WiLAN. Production and Distribution International Road Dynamics relies on direct salespeople, as well as distributors and agents for sales and marketing to its customers and to sell both directly to end users and through other contractors and systems integrators. WiLAN’s offerings are generally by way of contracts, negotiated by highly specialized patent licensing professionals located in the U.S. and Canada, with third parties that rely on the technologies covered by the patents they license. Foreign Operations The company’s operations are primarily focused on North America. WiLAN conducts its business operations in Asia and Europe. International Road Dynamics conducts its operations in Asia, Central America, Europe, and South America. Significant Developments In March 2021, WiLAN announced that it and Polaris Innovations Limited (Polaris) had entered into a license agreement with LG Electronics settling litigation related to memory interface technologies and digital display and television technologies. In February 2021, International Road Dynamics announced its launch of a web-based analytics platform by its Icoms Detections S.A., subsidiary relating to bicycle sensors, radar speed signs and non-intrusive vehicle counters / classifiers. In January 2021, the company announced the acquisition of all issued and outstanding shares of Sensor Line GmbH, a German intelligent transportation systems provider of highly regarded fiber optic traffic sensors for road and rail markets. In December 2020, WiLAN announced that its wholly-owned subsidiary, Xueshan Technologies Inc., had acquired a portfolio of approximately 2,000 patents from MediaTek Inc. (MediaTek) relating to a variety of technologies, including power management integrated circuits, RF integrated circuits, embedded and NFC microcontrollers and image processors. In September 2020, International Road Dynamics announced that its partnership with SEA Electronics LLC in Ukraine had been awarded a commercial vehicle enforcement systems contract in Ukraine. Disposition In 2020, the company divested VIZIYA Corp. to focus its efforts within the intelligent transportation systems (ITS) Industry. Strategy The company’s strategy is to acquire and manage financially attractive technology companies in the ITS industry. Tradenames and Trademarks Quarterhill, Icoms Detections, International Road Dynamics, PAT Traffic, Sensor Line, Wi-LAN, and WiLAN, are some of the company’s trade names and each of International Road Dynamics and Wi-LAN is a registered trademark in Canada and the United States. History The company was incorporated under the Business Corporations Act (Alberta) in 1992. It was formerly known as Wi-LAN Inc. and changed its name to Quarterhill Inc. in 2017.