Quarterhill Subsidiary, ETC, to Deliver Back Office System for the 405 Express Lanes in Orange County as part of WSP USA Team
Quarterhill announced that the Orange County Transportation Authority awarded WSP USA a contract for the I-405 Express Lanes project, with Electronic Transaction Consultants (ETC), a subsidiary of Quarterhill, as a major subcontractor. Valued at US$49.3 million for an initial term of up to nine years, the contract includes options to extend. ETC will implement a comprehensive Back Office System to enhance customer service and streamline operations for the express lanes. The project aims to improve tolling management and customer interactions, with completion expected in 2023.
- Contract awarded to WSP USA with an initial value of US$49.3 million.
- ETC to enhance customer service operations through advanced Back Office System.
- Potential for extension of contract by up to five years.
- Creation of local jobs through customer service center operations.
- None.
WSP USA and ETC will implement an advanced back-office system and customer
service operations for the new I-405 Express Lanes in Orange County, California
TORONTO, Jan. 31, 2022 /PRNewswire/ - Quarterhill Inc. ("Quarterhill") (TSX: QTRH) (OTCQX: QTRHF), announces that on January 14, 2022, Orange County Transportation Authority (OCTA) signed a contract awarding Back Office System and Customer Service Center Operations Services for the 405 Express Lanes in Orange County to WSP USA. Electronic Transaction Consultants, LLC (ETC), a Quarterhill company, is a major subcontractor to WSP USA on this project. The subcontract, valued at US
ETC is proud to be part of a team of industry leaders assembled by WSP USA to offer superior operating services for OCTA customers. This strategic partnership pairs ETC's leading cloud-enabled Back Office System (BOS) and back-office operations with the nation's premier provider of services for highway customer service centers. As a major subcontractor on this project, ETC will provide the tolling application of the BOS and related maintenance and services during operations. ETC will also oversee subcontractors performing other operations and services, such as lockbox, mailing and printing, merchant services, and more.
ETC's solution is designed to maximize self-service and customer service representative (CSR) productivity, reduce turnaround times, and give OCTA personnel insight and access to configuration and process management. The new system will facilitate streamlined billing, user-friendly website and mobile self-service, and speedy question and issue resolution for OCTA's I-405 Express Lanes motorists.
For this project, ETC will implement a selection of relevant products from riteSuite™, its modularized suite of standalone natively integrable subsystems that run on a unified cloud-based technology platform:
- riteHorizon™ back-office system – ETC's vertical ERP for all aspects of tolling management, including account management, reconciliation and treasury, with advanced CRM, online customer service center, IVR interface, reporting, customer configuration tools, and an intuitive social media-like CSR interface. The solution will also come with cloud-enabled reporting, dashboards and analytics. The system leads the industry in tolling BOS innovation. The Accounting Module within BOS is an internal control system that is supported by a real-time double-entry accounting system; reconciliation of payments, including cash, credit cards, ACH, etc., is automatic with the Treasury Management Module.
- riteOnline™ customer self-service system – A complete multiplatform customer self-service platform, with account maintenance, chat, social media and digital assistant integration.
- riteOSS™ system monitoring and operational reporting – ETC's upgraded Maintenance Online Management Systems (MOMS), with advanced functionality, such as smart KPIs, trending for predictive maintenance.
As part of Customer Service Center (CSC) Operations, the project will provide employment to local customer service teams at a centralized call center and a walk-in service counter in Orange County.
"ETC is thrilled to be a key partner to WSP USA for the 405 Express Lanes," stated ETC Chief Executive Officer Kevin Holbert. "ETC's industry-leading back office, account management and payment processing solutions, combined with the WSP USA's superior operations expertise, ensure that Orange County motorists will receive the highest quality of customer service."
"The OCTA I-405 Express Lane project will set a new standard in toll customer service and performance," said Patrick McGowan, Senior Vice President and Mobility Operations Director at WSP USA. "Selecting the best partners is critical and having ETC as a key partner will ensure success toward building a premier solution for OCTA and its customers."
This systems and operations contract will facilitate OCTA's efforts to ensure advanced and efficient CSC and BOS for its patrons, while creating rewarding local jobs.
The 405 Express Lanes are being built by OCTA as part of the I-405 Improvement Project. The project is adding one regular lane in each direction of I-405 between Costa Mesa and the Orange County border with Los Angeles County, and a second lane in each direction of the freeway that will combine with the existing carpool lanes to form the 405 Express Lanes. The project is scheduled for completion in 2023.
About Electronic Transaction Consultants, LLC
ETC is a leading U.S. intelligent transportation systems and smart mobility provider, developing and delivering best-in-class solutions for tolling, congestion management, urban mobility, and multimodal transportation needs. ETC's passionate and innovative team has been driving the future of mobility since 1999, with many industry firsts, including all-electronic tolling (AET), dynamic pricing, agency interoperability, hosted mobility solutions and machine learning.
For over two decades, ETC has delivered sophisticated solutions to many of the largest toll authorities in the U.S., including statewide programs, county networks and tolling-specific authorities. ETC's solutions process over two billion transactions annually, totaling over
About Quarterhill Inc.
Quarterhill is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry, as well as, through its Wi-LAN Inc. subsidiary, a leader in Intellectual Property licensing. Our goal is global leadership in ITS, via organic growth of the Electronic Transaction Consultants, LLC (ETC) and International Road Dynamics, Inc. (IRD) platforms, 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, visit www.quarterhill.com
About the Central Texas Regional Mobility Authority
The Central Texas Regional Mobility Authority is an independent government agency created in 2002 to improve mobility in Travis and Williamson Counties in Texas. CTRMA defines its objectives as preserving and enhancing the quality of life in Central Texas, engaging with the communities served, and protecting the environment. CTRMA projects span sections of I-290, I-183, I-71, MoPac, and I-45.
Forward-Looking Information
This news release contains forward-looking statements regarding ETC, Quarterhill and their businesses. Forward-looking statements are based on estimates and assumptions made by ETC and/or Quarterhill in light of their experience and perception of historical trends, current conditions, expected future developments and the expected effects of new business strategies, as well as other factors that ETC and/or Quarterhill believe are appropriate in the circumstances. The forward-looking events and circumstances discussed herein may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting ETC and/or Quarterhill, including: potential risks and uncertainties relating to the ultimate geographic spread of the novel coronavirus ("COVID-19"); the severity of the disease; the duration of the COVID-19 outbreak; actions that may be taken by governmental authorities to contain the COVID-19 outbreak or to treat its impact; the potential negative impacts of COVID-19 on the global economy and financial markets and any resulting impact on ETC and/or Quarterhill and/or their businesses. Other factors include, without limitation, the risks described in Quarterhill's March 11, 2021 annual information form for the year ended December 31, 2020 (the "AIF"). Copies of the AIF may be obtained at www.sedar.com. ETC and Quarterhill recommend that readers review and consider all of these risk factors and notes that readers should not place undue reliance on any of ETC's forward-looking statements. ETC 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.
FAQ
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