Quarterhill's New Technical Advisory Committee Boosts Innovation

Quarterhill Establishes Technical Advisory Committee

Quarterhill Inc. is excited to announce the establishment of a Technical Advisory Committee, marking a significant step in the company's commitment to innovation. This development aims to enhance Quarterhill's position in the Intelligent Transportation System (ITS) sector by integrating expert insights directly into its strategic planning.

Introducing the Advisory Committee Members

Two distinguished figures, Bobby Parikh and Vineet Khosla, will initially join this committee, bringing a wealth of experience and expertise. Bobby Parikh is set to take on the role of Special Advisor to the CEO and will be a vital part of the advisory team. His impressive background includes leadership positions at major tech companies like Uber and Google, where he contributed to the creation of widely used mapping technologies.

About Bobby Parikh

Bobby Parikh’s addition is a noteworthy highlight for Quarterhill. His extensive experience in technology and transportation uniquely positions him to guide the company as it seeks to innovate further. "We are thrilled to welcome Bobby to the Quarterhill team," said Chuck Myers, CEO at Quarterhill. His proven ability in executing scalable product development will be invaluable in advancing Quarterhill's objectives.

Vineet Khosla's Role

In another key development, Vineet Khosla, who was previously expected to join the Board of Directors, will move to the Technical Advisory Committee. This change allows him to focus more on strategic technology initiatives that align closely with Quarterhill's goals.

Vineet Khosla's Expertise

Vineet Khosla is well-respected in the fields of artificial intelligence and machine learning applications, especially in transportation. His deep understanding of these technologies is expected to provide Quarterhill with the insights necessary to remain competitive and innovative in a rapidly evolving landscape. "We're excited for Vineet to lend his expertise in this new role," added Myers.

Focus and Objectives of the Committee

The newly formed Technical Advisory Committee will focus on enhancing Quarterhill's technology roadmap, ensuring strategic alignment with market demands and technological advancements. This committee aims to shape the architecture of Quarterhill's systems, paving the way for future innovations in tolling and enforcement solutions.

Quarterhill's Vision for Growth

Quarterhill is on a mission to be a technology-driven leader in the ITS industry. This new committee symbolizes a strong commitment to growth—not just via organic operations, but through strategic acquisitions that tap into new opportunities within the ITS and adjacent markets. The objective is to create a robust framework that supports dynamic advancements and promotes sustainable growth in the years to come.

Company Overview

As a leading provider of tolling and enforcement solutions, Quarterhill has continuously sought to leverage new technologies to enhance its offerings. The integration of experienced advisors into the Technical Advisory Committee reflects a proactive strategy to lead in an industry characterized by rapid technological change. Quarterhill is publicly traded on the TSX under the symbol QTRH and on the OTCQX with the symbol QTRHF.

Frequently Asked Questions

What is the purpose of the Technical Advisory Committee at Quarterhill?

The Technical Advisory Committee aims to guide Quarterhill's technology roadmap and ensure its alignment with emerging innovations in the industry.

Who are the initial members of the committee?

The initial members of the committee are Bobby Parikh and Vineet Khosla, both notable experts in technology and innovation.

What are Bobby Parikh's qualifications?

Bobby Parikh has extensive experience in technology leadership roles, including positions at Uber and Google, where he contributed significantly to mapping technologies.

How will Vineet Khosla contribute to Quarterhill?

Vineet Khosla's expertise in artificial intelligence and machine learning will guide Quarterhill as it develops advanced technologies for transportation solutions.

What is Quarterhill's vision for the future?

Quarterhill aims to be a leader in the Intelligent Transportation System industry, focusing on innovation and strategic growth through acquisitions and advanced technologies.

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