Pavemetrics technology enables the automatic detection and evaluation of road features to optimize the use of road maintenance funds and to improve safety through better road surface maintenance. Our automated inspection technology is designed for both day and night time operation. It produces high resolution 2D images and 3D profiles of both asphalt and concrete road surfaces at speeds up to 100 km/h.
Québec, the 6th of November 2009, INO announces the creation of a new company: Pavemetrics systems inc. - INO is announcing the signing of a technology transfer agreement with Pavemetrics, a new spinoff company. Pavemetrics will benefit from an exclusive worldwide license of INO's road inspection technology which includes the LRMS (Laser Rut Measurement System) the LRIS (Laser Road Imaging System) and the LCMS (Laser Crack Measurement System). INO will also hold a minority share in Pavemetrics Systems Inc. Since 2001, more than 100 of these systems have been sold and are still in operation worldwide.
The INO - Pavemetrics license agreement will benefit customers directly by having dedicated resources available for customer support. INO will continue to manufacture the LRMS, LRIS and LCMS systems. As of the day of this announcement, all support and service requests, sales, orders and commercial activities will be handled by Pavemetrics for these products.
"I am pleased with the emergence of Pavemetrics Systems as a company specifically focused on providing advanced vision technology to system integrators. This association with Pavemetrics is very promising and is further confirmation of the entrepreneurial culture we promote within our organization," stated Jean-Yves Roy, CEO of INO.
"Pavemetrics is emerging from Canada's largest center of expertise in optics & photonics and it is now our role to take the technology to the next level," said Richard Habel, President and CEO of Pavemetrics.
INO is a world class center for optics and photonics research and development. INO offers a complete range of integrated services in the fields of optics/photonics to clients of all descriptions in every field of industrial activity. It also possesses a variety of technologies and innovative processes based on a strong IP portfolio. INO has 225 employees, 80% of whom possess high level scientific and technical training. More information is available at www.ino.ca.