New Spinoff for INO: - Creation of Pavemetrics Systems Inc.
The INO/Pavemetrics license agreement will benefit current and future customers because Pavemetrics will have experienced resources dedicated to technical and commercial support. INO will continue to play a role in the development and manufacture of the LRMS, LRIS, and LCMS systems to ensure the sustainability of Pavemetrics and its product line. For its part, Pavemetrics will now handle all product technical support, sales, orders, and commercial activities.
"I am very pleased with the launch of Pavemetrics Systems Inc. as a company specialized in the commercialization of advanced vision technology for system integrators. This association with Pavemetrics is very promising and is a good example of the entrepreneurial culture we continue to promote within our organization," stated INO president and CEO Jean-Yves Roy.
"Pavemetrics has emerged from Canada's largest center of expertise in industrial optics/photonics and now our role is to take this technology to the next level," said Pavemetrics president and CEO
About Pavemetrics Systems Inc.
Pavemetrics aims to be the world leader in vision systems for the automated inspection of transportation infrastructures. Pavemetrics enables automatic detection and evaluation of road features to optimize management of road maintenance budgets and improve safety through better road surface maintenance. Its unique technology, designed for both day and nighttime operation, can acquire 2D images and high resolution 3D profiles of road surfaces at speeds over 100 km/h.
About INO
INO is a technological design and development firm in optics and photonics solutions for SMEs and large corporations. It is home to the largest concentration of skills in the field and serves clients of all sizes from all parts of
INO offers a complete range of integrated services in the fields of optics and photonics to clients in every field of industry activity. INO also possesses a variety of technologies and innovative processes based on a strong Intellectual Property (IP) portfolio.
For further information: For further information: Jean-Yves Roy, President and CEO, INO, (418) 657-7006; Richard Habel, President, Pavemetrics Systems Inc., (418) 948-1372; Source: Marie-Josée Laflamme, Communication Manager, INO, (418) 657-7006
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