Quarterhill Announces Corporate Update
Quarterhill Inc. (TSX: QTRH) (OTCQX: QTRHF) has announced the formation of a Technical Advisory Committee and the addition of two external advisors. Bobby Parikh, an engineering executive with experience at Uber, Google, and deCarta, joins as a Special Advisor to the CEO and committee member. His expertise in mapping platforms and applications is expected to be valuable for Quarterhill's artificial intelligence capabilities and tolling solutions.
Vineet Khosla, previously announced to join the Board of Directors, will instead join the Technical Advisory Committee in a non-fiduciary role. Khosla's expertise in artificial intelligence and machine learning, particularly in transportation-related applications, is anticipated to benefit the company. The committee aims to guide Quarterhill's technology roadmap and system architecture, focusing on emerging AI and ML applications.
Quarterhill Inc. (TSX: QTRH) (OTCQX: QTRHF) ha annunciato la formazione di un Comitato Consultivo Tecnico e l'aggiunta di due consulenti esterni. Bobby Parikh, un dirigente ingegneristico con esperienza presso Uber, Google e deCarta, si unisce come Consulente Speciale del CEO e membro del comitato. La sua esperienza nelle piattaforme e applicazioni di mappatura si prevede sarà preziosa per le capacità di intelligenza artificiale di Quarterhill e per le soluzioni di pedaggio.
Vineet Khosla, precedentemente annunciato come nuovo membro del Consiglio di Amministrazione, si unirà invece al Comitato Consultivo Tecnico in un ruolo non fiduciario. Ci si aspetta che l'esperienza di Khosla nell'intelligenza artificiale e nell'apprendimento automatico, in particolare nelle applicazioni legate al trasporto, benefici l'azienda. Il comitato mira a guidare la roadmap tecnologica e l'architettura di sistema di Quarterhill, concentrandosi sulle applicazioni emergenti di AI e ML.
Quarterhill Inc. (TSX: QTRH) (OTCQX: QTRHF) ha anunciado la formación de un Comité Asesor Técnico y la adición de dos asesores externos. Bobby Parikh, un ejecutivo de ingeniería con experiencia en Uber, Google y deCarta, se une como Asesor Especial del CEO y miembro del comité. Se espera que su experiencia en plataformas y aplicaciones de mapeo sea valiosa para las capacidades de inteligencia artificial y soluciones de peaje de Quarterhill.
Vineet Khosla, previamente anunciado para unirse a la Junta Directiva, se unirá en su lugar al Comité Asesor Técnico en un rol no fiduciario. Se anticipa que la experiencia de Khosla en inteligencia artificial y aprendizaje automático, particularmente en aplicaciones relacionadas con el transporte, beneficiará a la empresa. El comité tiene como objetivo guiar la hoja de ruta tecnológica y la arquitectura de sistemas de Quarterhill, centrando su atención en las aplicaciones emergentes de IA y ML.
Quarterhill Inc. (TSX: QTRH) (OTCQX: QTRHF)는 기술 자문 위원회를 구성하고 두 명의 외부 자문위원을 추가했다고 발표했습니다. 바비 파리크는 Uber, Google, deCarta에서 근무한 경험이 있는 엔지니어링 임원으로 CEO의 특별 자문위원 및 위원회 회원으로 합류합니다. 그의 매핑 플랫폼 및 응용 프로그램에 대한 전문성이 Quarterhill의 인공지능 기능 및 통행료 솔루션에 유익할 것으로 예상됩니다.
비니트 코슬라는 이사회의 일원으로 합류할 것으로 앞서 발표되었으나 대신 비재무적 역할로 기술 자문 위원회에 참여합니다. 교통과 관련된 응용 프로그램에서 인공지능 및 머신러닝에 대한 코슬라의 전문성이 회사를 이롭게 할 것으로 기대됩니다. 위원회는 새로운 AI 및 ML 응용 프로그램에 중점을 두고 Quarterhill의 기술 로드맵과 시스템 아키텍처를 안내하는 것을 목표로 합니다.
Quarterhill Inc. (TSX: QTRH) (OTCQX: QTRHF) a annoncé la création d'un Comité Consultatif Technique et l'ajout de deux conseillers externes. Bobby Parikh, un cadre en ingénierie avec expérience chez Uber, Google et deCarta, rejoint en tant que Conseiller Spécial du PDG et membre du comité. Son expertise en plateformes et applications de cartographie est attendue pour être précieuse pour les capacités d'intelligence artificielle de Quarterhill et ses solutions de péage.
Vineet Khosla, précédemment annoncé comme nouveau membre du Conseil d'Administration, rejoindra plutôt le Comité Consultatif Technique dans un rôle non fiduciaire. L'expertise de Khosla en intelligence artificielle et apprentissage automatique, en particulier dans les applications liées aux transports, devrait bénéficier à l'entreprise. Le comité vise à guider la feuille de route technologique de Quarterhill et l'architecture système, en se concentrant sur les applications émergentes d'IA et de ML.
Quarterhill Inc. (TSX: QTRH) (OTCQX: QTRHF) hat die Bildung eines Technischen Beratungsausschusses und die Hinzufügung von zwei externen Beratern bekannt gegeben. Bobby Parikh, ein Ingenieurexperte mit Erfahrung bei Uber, Google und deCarta, tritt als Sonderberater des CEO und Mitglied des Ausschusses bei. Seine Expertise in Kartenplattformen und -anwendungen wird voraussichtlich für Quarterhills KI-Fähigkeiten und Mautlösungen von großem Wert sein.
Vineet Khosla, der zuvor angekündigt wurde, dem Vorstand beizutreten, wird stattdessen in einer nicht treuhänderischen Rolle dem Technischen Beratungsausschuss beitreten. Khoslas Fachwissen in Künstlicher Intelligenz und Maschinenlernen, insbesondere in verkehrsbezogenen Anwendungen, wird erwartet, dass es dem Unternehmen zugutekommt. Der Ausschuss hat das Ziel, Quarterhills Technologie-Roadmap und Systemarchitektur zu leiten, mit dem Fokus auf aufkommende KI- und ML-Anwendungen.
- Formation of a Technical Advisory Committee to guide technology roadmap and system architecture
- Addition of Bobby Parikh, an experienced engineering executive, as Special Advisor to the CEO
- Vineet Khosla joining the Technical Advisory Committee, bringing AI and ML expertise
- None.
- Company announces the formation of a Technical Advisory Committee with two initial members, Bobby Parikh and Vineet Khosla
- Vineet Khosla to join the Technical Advisory Committee instead of the Board of Directors
Quarterhill is pleased to welcome Bobby Parikh as a Special Advisor to the CEO and as a member of the Technical Advisory Committee. Bobby is an engineering executive and product and business advisor with a long track record in the areas of technology and transportation. His experience spans roles at Uber, Google, and deCarta, where he developed some of the most popular mapping platforms and applications in use today.
"We are thrilled to welcome Bobby to the Quarterhill team," said Chuck Myers, CEO at Quarterhill. "His track record highlights his strengths in execution, scalable product development, and team management. Bobby's insights into business strategy and innovation will be invaluable as we build out our artificial intelligences capabilities and advance our tolling and enforcement solutions."
In addition, Vineet Khosla, who the Company previously announced was joining its Board of Directors, will instead join the Technical Advisory Committee in a non-fiduciary role.
"We are pleased that Vineet will continue to lend his valuable technology expertise in this new role," added Mr. Myers. "Vineet has built an extensive track record as an innovator and executive in artificial intelligence and machine learning, including transportation-related applications, and we look forward to benefiting from his expertise as he continues to drive advancements in these fields."
Quarterhill's Technical Advisory Committee will be comprised of experts dedicated to guiding the Company's technology roadmap, shaping its system architecture and positioning it to capitalize on emerging artificial intelligence and machine learning applications.
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.
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