Quercus Technologies: Artificial Intelligence takes control of the new SmartLPR – QAI Inside!

February 08, 2024

 

Artificial Intelligence takes control of the new SmartLPR: QAI Inside!

 

The best LPR ever created New%20version%2C%20new%20name_SmartLPR

Quercus Technologies, a forerunner in All-In-One license plate recognition cameras, is proud to announce the launch of its latest innovation, the new version of the SmartLPR system. This advanced license plate recognition system redefines industry standards, introducing novel key features that will mark a new era in vehicle recognition, while maintaining the essential characteristics for which Quercus was the first to market.

With the latest version, we’ve not only made significant improvements to the product, we’ve also changed the name of our cameras, from SmartLPR Access to SmartLPR. The change comes as a result of our decision to go back to the roots of Quercus, consolidating our identity and highlighting the constant evolution of our LPR technology. This new name also represents our determination to lead in the field of artificial intelligence applied to license plate recognition systems.

QAI_greyQuercus is consolidating its role as a forerunner by incorporating its internally-developed Artificial Intelligence technology into the core of its products: QAI Inside! The main innovation is based on the use of artificial intelligence algorithms to detect and recognize license plates (OCR).

With the latest evolution of our technology and integration of artificial intelligence, we’ve also made major improvements to the Free-flow operation mode. These optimizations are taking the camera’s reliability rate to new levels, truly enabling ticketless and barrierless systems to work perfectly. In fact, we now quantify faults in terms of incorrect license numbers per thousand read, instead of one hundred, as had been the practice until now. The combination of advanced license plate recognition capacity and the power of our artificial intelligence has boosted the accuracy and reliability of our system, contributing to more efficient all-around parking management.

SmartLPR_ai

Our system now has the capacity to simultaneously read plates from an unlimited number of countries, doing away with the need to previously specify which ones it should be able to read. This advancement is a landmark, as it makes the system more flexible, and expedites its configuration.

The main goal has always been the same, simplify the experience for operators and enhance that of users. At the heart of this mission is a solid foundation of internal research and development. Our highly specialized team doesn’t just follow technological evolution: they drive it. Constant research, exploration of new frontiers, and the improvement of existing solutions are essential ingredients that define our commitment to ongoing development.

IMAGE QUALITY IMPROVEMENT

Another major advancement is the taking of better-quality images, with higher levels of definition and sharpness. Compared to prior versions, images are now seen with exceptional clarity and a more attractive overall look for operators’ visual perception. Enhanced quality and brightness play a crucial role in creating more vivid, user-friendly images.

QUERCUS FIRST

Throughout the years, we have been pioneers when it comes to launching different solutions that set the pace for the industry, a sign of our undying dedication to innovating. Quercus First (QF) reflects our ongoing commitment to leading with a visionary, even revolutionary, approach.

  • Worldwide Use: With recognition in over 200 countries, this advanced license plate recognition camera redefines geographic limits. With the same model, the Smart LPR enables successful implementation in a wide range of settings and conditions, ensuring efficient, accurate responses at the international level.
  • Wide Angle Recognition: Optimal license plate recognition at hard-to-read angles.
  • Dual Lamp – Color and IR reading inside the unit. The camera ensures exceptional performance even in dim conditions, for any type of license plate (reflective and non-reflective, in color or black and white).
  • Motorized Lens: The motorized lens provides exceptional agility and unbeatable accuracy, ensuring optimal image capture in diverse conditions.
  • HRR: The SmartLPR cameras can integrate two license plate recognition units per lane, for double license plate reading. This system, based on an artificial vision algorithm, is called HRR, (High Reliability Recognition). It is a parking system that combines all the characters and digits of the front as well as the rear license plates, enabling complete recognition of the license plate number.
  • IP67: The IP67 Certification guarantees optimal performance, even in challenging weather conditions, or in cases of high levels of dust generated inside the parking facility itself. This ensures the integrity of the system and fault-free operation.

With the SmartLPR License Plate Reader, Quercus Technologies reasserts its position as a leader at the cutting edge of technology, getting the most from the power of AI to offer new license plate recognition solutions. The new era in parking technology marks another example of Quercus’ ongoing responsibility toward constant improvement and meeting the changing needs of its customers around the world.

Blink Charging Chosen by City of Frederick, Maryland, for Downtown Electric Vehicle Charging Solutions

February 08, 2024

 

Blink Charging Chosen by City of Frederick, Maryland, for Downtown Electric Vehicle Charging Solutions

 

Electric vehicle drivers will be able to charge up on the new Blink chargers and enjoy the city’s sights at a ribbon cutting event on February 8, 2024.

Miami Beach, Fla., Feb. 08, 2024 — Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, announced today that the Company will be installing 20 IQ 200 chargers across four downtown parking garages in the City of Frederick, MD, for residents and visitors to utilize. A ribbon cutting event will mark the installation of the chargers on February 8, 2024, from 11:00-12:00 p.m. EST at the East All Saints parking garage located at 125 E All Saints St. in downtown Frederick.

The installation of 20 charging stations across the four designated parking garages – East All Saints, Carroll Creek, Court Street, and West Patrick – is a result of the City of Frederick’s plan to cater to the charging needs of residents lacking home charging options and visitors to the city. This strategic placement enables convenient vehicle charging for individuals during their downtown visits. These garages are strategically located near key retail, dining, and residential areas within the City of Frederick, enhancing accessibility for users.

“This expansion provides Blink Charging with the opportunity to expand our charging solutions into bustling cities, like Frederick,” said Mike Battaglia, Chief Operating Officer of Blink Charging. “Our mission is to meet electric vehicle drivers, whether residents or visitors, with the convenience of charging on-the-go. We look forward to electrifying the City of Frederick and revolutionizing the future of transportation in the city.”

The collaboration between Blink Charging and the City of Frederick signifies a groundbreaking advancement in the expansion and innovation of EV charging infrastructure. The City of Frederick Department of Economic Development is the proprietor and operator of all four parking garage locations. In a bid to enhance service, it is introducing membership options for residents, ensuring secured access to charging spots, granting them the flexibility to charge their vehicles at their convenience. This initiative is designed to cater to residents and frequent visitors to Frederick, providing added convenience for their trips to the city.

“Frederick attracts nearly 2 million outside visitors per year on top of local transient trips by residents and workers, and in 2023 alone, we saw an uptick of 50% in the number of trips made by EVs. Our downtown parking system, ParkFrederick, strives to be easy to use so the city can continue to encourage tourism spending and prioritize expanding employment. The 20 new Blink chargers represent a huge step toward Frederick providing more charging options.” said Richard Griffin, Director of Economic Development for the City of Frederick.

“The introduction of these new EV charging stations within our downtown parking garages will enhance the convenience of EV ownership and reaffirms the City’s dedication to reducing our carbon footprint,” said Mayor of Frederick, Michael O’Connor. “Efforts like these are why I believe that together with Blink, we are powering Frederick towards a greener, more sustainable future.”

“We’re so excited to offer EV charging options for both residents and visitors alike,” said Jenny Willoughby, the City’s Sustainability Manager. “These chargers will contribute to the reduction of tailpipe emissions and ultimately help improve air quality in the city and the broader region.”

“Increasing the number of EV charging stations is a crucial step toward improving equitable access to clean energy and transportation. The Greater Washington Region Clean Cities Coalition is proud to have supported this important initiative to ensure that all communities have access to EV chargers,” said Antoine M. Thompson, CEO/Executive Director of the Greater Washington Region Clean Cities Coalition.

Blink, under the Mid-Atlantic Electrification Partnership through Virginia Energy, recently deployed charging stations in Frederick. These Level 2 (L2) charging stations, strategically placed across six hotel locations in Virginia, Washington D.C., and Maryland, cater to EV drivers, providing them the convenience of charging on-the-go during their visits. Blink’s initiative in the City of Frederick contributes to making EV charging more convenient and accessible for electric vehicle drivers.

About Blink Charging
Blink Charging Co. (Nasdaq: BLNK), a global leader in electric vehicle (EV) charging equipment, has contracted, sold, or deployed nearly 85,000 charging ports worldwide, many of which are networked EV charging stations, enabling EV drivers to charge at any of Blink’s charging locations easily. Blink’s principal line of products and services includes the Blink EV charging network (“Blink Network”), EV charging equipment, EV charging services, and the products and services of recent acquisitions, including SemaConnect, Blue Corner, BlueLA, and Envoy. The Blink Network uses proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. With global EV purchases forecasted to half of passenger cars sold in the US by 2030, Blink has established key strategic partnerships for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs.

For more information, please visit https://www.blinkcharging.com/.

Forward-Looking Statements
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of Blink Charging and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including those described in Blink Charging’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Blink Media Contact
Nipunika Coe
PR@BlinkCharging.com
305-521-0200 ext. 266

Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com
305-521-0200 ext. 446

Parkopedia collaborates with ChargeHub to provide data and transactions on over 80,000 North American chargers

February 05, 2024

 

Parkopedia collaborates with ChargeHub to provide data and transactions on over 80,000 North American chargers

 

 

 

  • New partnership between ChargeHub and Parkopedia to provide drivers direct access and frictionless transactions on over 80,000 US and Canadian chargers
  • ChargeHub offers the largest ‘roaming hub’ in North America
  • Access provided to more than 70% of open network chargers in the US and Canada from more than 20 Charge Site Operators (CSOs)

 

London, UK / Montreal, Canada – Parkopedia, the world’s leading connected car services provider, is partnering with ChargeHub, the largest North American EV roaming hub operator, to enhance the charging experience for millions of North American EV drivers. ChargeHub’s 80,000-strong network of charging stations across the US and Canada will be integrated intoParkopedia’s Payment Platform to enable in-car charger activations and payments via a single sign-on account on participating Charge Site Operators (CSOs). The partnership provides drivers with direct access through their vehicles to a comprehensive number of chargers with coverage across North America, including Parkopedia’s market-leading information on parking and charging, dynamic availability data and charging transactions for EV drivers.

With the highly fragmented nature of charging in North America, adding access through a roaming hub of ChargeHub’s scale means that Parkopedia can provide drivers with stronger nationwide charger coverage. ChargeHub’s PassportHub provides the largest roaming hub in the US and Canada, with more than 20 CSO partners and coverage of more than 70% of open network chargers across North America.

Parkopedia services are currently integrated with more OEM systems than any other connected services provider in the world, ensuring seamless in-car charging activation and payment functionality and increasing ChargeHub’s partner CSOs access to EV drivers. Parkopedia’s connected services expertise also ensures that the data drivers receive is as accurate and complete as possible, thanks to established rigorous data verification processes.

This addresses the challenging prospect of finding chargers – something that 92% of US EV drivers are anxiousabout, with these figures far in excess of any of the other countries surveyed in the Parkopedia 2023 Global Driver Survey. Combined with 74% of American EV owners who stated they have run out of charge at least once, compared with a global average of 66%.

Meanwhile, the partnership provides scope for ChargeHub users to benefit from combined parking and charging data to improve their charging experience as well as to limit the risk of EV drivers receiving parking fines while charging. To date, 68% of US EV drivers have received a parking fine while charging, according to the Global Driver Survey, far higher than the global average of 57%, highlighting that North American drivers suffer the most from bothcharging and parking concerns.

 

ChargeHub and Parkopedia’s collaboration also offers value to fleets, with operators and drivers able to access chargers from numerous public charging networks through a single account, with valuable parking and charging data integrated into this for a seamless user experience. This partnership provides drivers with access to a vast range of chargers, ensuring that drivers can find chargers locally as well as complete transactions and prioritise fast chargers when needed.

Commenting on the new collaboration, Hans Puvogel, Parkopedia COO, said: “Our latest partnership with ChargeHub is an important development for the industry, extending our North American charge point coverage while improving the parking and charging experience for EV drivers and ChargeHub users. North American drivers can now benefit from a streamlined charging experience with access to an additional 80,000 chargers in key locations, along with greater charging availability, location and parking data, combined with frictionless transactions, addressing the main pain points highlighted by EV drivers in our 2023 Global Driver Survey.”

In response to the new partnership, ChargeHub CEO, Simon Ouellette, added: “We are proud to be able to offer EVdrivers an improved charging experience by combining Parkopedia’s parking and charging data with our roaming hub. Once again, this agreement shows that ChargeHub is the preferred partner for eMSPs looking for a full turnkeyintegration to the largest pool of CSOs in the US and Canada.”

 

About Parkopedia

Parkopedia is the leading connected car services provider used by automakers, organisations and millions of drivers around the world. Parkopedia helps drivers find and pay for parking, EV charging, fuel and tolls across 90 countries. Parkopedia is also developing highly detailed parking maps and corresponding algorithms to help drivers and self-driving vehicles navigate to an open parking space indoors. Visit business.parkopedia.com for more information.

 

About ChargeHub

ChargeHub is renowned for its North American roaming interoperability hub – Passport Hub – to support the entire industry to easily interconnect and enable large-scale EV roaming to drivers. The company’s unique expertise helps eMSPs and CSOs to streamline, simplify and scale roaming interoperability integrations. This major breakthrough has significantly simplified charging for EV drivers and will help accelerate EV adoption. ChargeHub also operates the largest network-independent community-driven EV charging app, with over 1 million annual users. https://solutions.chargehub.com/

 

Parkopedia Media Contact

Adam Calland Marketing Director

T: +44(0)7838219129

E: adam.calland@parkopedia.com

 

ChargeHub Media Contact

 

Simon Pillarella

Head of Marketing & Business Development E: spillarella@chargehub.com

 

New CPMA Board Member

February 02, 2024

New CPMA Board Member

 

 

 

Durham, North Carolina – CPMA is pleased to announce the appointment a new board member, Vanessa Watson, of Clemson University Parking and Transportation Services (pictured below). She will serve a three-year term  commencing January 29, 2024.

“Our Board of Directors is comprised of a dedicated team of experts and leaders committed to improving the parking and mobility industry” said Carl DePinto, President. “We are excited to channel Vanessa’s experience and expertise into furthering our mission in the association.”

The Board of Directors and members of the North and South Carolinas Parking and Mobility Association have voted to appoint Vanessa and we look forward to her support in the coming years as we build a larger association in this-ever growing region. She is currently the Sr. Associate Director for Parking Operations at Clemson University. With over 34 years of experience in university parking, she entered the field of parking after graduating from Central Wesleyan College (Southern Wesleyan University) with a B.S. in Accounting and Business Administration. While working at Clemson University she also received her Master’s degree in Human Resource Development.

Zevtron Completes EV Charging Installation in Culver City

January 31, 2024

 

 

 

Zevtron Completes EV Charging Installation in Culver City

 

 

 

Culver City, CA —Zevtron, a Carlsbad, California-based smart EV charging software and hardware solutions provider, announced today that it has completed the installation of a new EV charging project in a Culver City, California business complex. This innovative project allows the complex owner to manage or restrict access to the chargers by tenant. Currently, the EV chargers are utilized by a state agency to recharge employee and fleet vehicles.

“This was a very innovative project, and I think it illustrates what the future of EV charging will look like at complexes with multiple tenants or user types,” said Zevtron founder Bob Andrews. “Our software permits the owner to manage who is authorized to use the EV chargers and when they can use them. In the future, the owner will be able to add additional authorized users or further limit use, based on individual tenant agreements. This can be great strategy for building and complex owners wishing to monetize EV charging.”

The installation featured five stations of 30-amp dual port chargers. The chargers are controlled by leveraging Zevtron’s industry leading software, which provides the flexibility to manage unique use cases on each individual charger.

“Use case management is a game changer,” said Andrews. “Say you have five tenants using your chargers, and some pay a flat rate for charging in their leases while others pay by kilowatt hour as needed. Or say some tenants want EV charging included in their leases and others don’t. The software allows you to create those different use cases and manage the charging relationship exactly how you and your tenants wish. For owners who monetize their EV charging, the software also allows you to establish different rates and process payment. This is an extraordinary level of control for owners.”

About Zevtron

Zevtron is a leading national EV software and hardware provider based in Carlsbad, California. The company’s products and services are designed to provide flexibility, manageability, and profitability to building owners, institutions, and parking owners who offer EV charging. Zevtron is the only leading EV provider to integrate its technology with leading parking access and revenue control equipment for easy and convenient EV charging management, and its hardware agnostic software platform allows owners to keep 100% of EV charging revenues. Zevtron can be found online at www.Zevton.com.

Brett Winslow appointed as the President and the CEO of DESIGNA US

January 30, 2024

 

 

Brett Winslow appointed as the President and the CEO of DESIGNA US

 

 

On behalf of DESIGNA Access Corporation (“DESIGNA”), we are pleased to announce the appointment of Brett Winslow to the position of President and Chief Executive Officer of DESIGNA, the wholly-owned US subsidiary of the global parking access and revenue control systems provider, DESIGNA Verkehrsleittechnik GmbH.

Mr. Winslow will commence his appointment on March 1, 2024.

Brett joins the company from his previous position as Director of Operations at ABM Aviation Landside-West.

This appointment follows the retirement announcement of John Curtiss, the current President and Chief Executive Officer of the company.

Brett will be based in our new Head Office located at 5050 Westway Park Blvd., Suite 175,  Houston, TX 77041, following DESIGNA’s recent relocation to that address.

us.designa.com

THE SUSTAINABLE FUTURE OF PARKING: PHOENIX PARKING SOLUTIONS HELPS CLIENTS PREPARE FOR TRANSITION TO ELECTRIC VEHICLES

January 24, 2024

 

THE SUSTAINABLE FUTURE OF PARKING: PHOENIX PARKING SOLUTIONS HELPS CLIENTS PREPARE FOR TRANSITION TO ELECTRIC VEHICLES

Atlanta-Based Parking Management Company Advises Property Owners on EV Infrastructure, Providing Peace of Mind Plus Turnkey Solutions

ATLANTA (Jan. 24, 2024)—The electrification of transportation offers energy efficiency, pollution reduction and performance benefits; however, it also presents new challenges for parking operators and developers. Fortunately, Phoenix Parking Solutions president Jeff Patterson continues his commitment to innovation in the parking industry by offering comprehensive consulting services and infrastructure solutions for electric vehicle (EV) parking and charging so clients can adapt their facilities most cost-effectively.
Phoenix Parking Solutions, an Atlanta-based parking management company known for utilizing state-of-the-art technology, now provides customized solutions for retailers, residential buildings, mixed-use facilities, event venues, hotels and restaurants that are considering upgrading their operations to include EV charging stations.
“This is new technology, and most property owners don’t know where to start. However, EV infrastructure is something everyone should look into from an investment standpoint,” says Patterson. “We are here to guide clients through the process from meeting regulatory requirements to capacity planning and installation to evaluating the return on their investment.”
Phoenix’s solutions start with the company’s strategic partnership with Pyramid Network Services, a trusted nationwide infrastructure services company that simplifies the EV charging installation process and helps guide businesses through the transition from diagnosis and engineering design all the way through to maintenance. Thanks to this partnership, Phoenix’s clients have access to a multitude of charging station companies, plus a national database that tracks different tax and utility incentives. Most importantly, Pyramid provides long-term service and training that ensures EV chargers are up and running (currently 30 percent of EV chargers are down at any given time).
The share of electric cars in total sales has more than tripled in the past three years, and the size of the global EV market is expected to reach $906.7 billion by 2028. However, many owners simply need help understanding the benefits of offering EV charging stations for their customers and their business. These benefits include increased customer satisfaction, improved brand image that is environmentally conscious and forward-thinking, increased foot traffic and the addition of a new revenue stream.
“Electric vehicles are here to stay, so our goal is to give clients peace of mind knowing we can tailor our services to their specific needs and ensure their EV charging stations are not only installed and maintained properly but also are contributing to their bottom line,” says Patterson. “As the number of EVs on the road continues to grow, businesses that offer charging stations will be better positioned to attract and retain customers for longer periods.”
Phoenix Parking Solutions’ comprehensive solutions include but are not limited to:
  • Identifying goals and tailoring charging station plans to specific needs
  • Identifying potential power supply limitations
  • Executing permits
  • Assisting with loan applications and identifying rebates to help subsidize expenses
  • Ensuring the EV upgrades meet new government standards
  • Capacity planning to accommodate the growing number of electric vehicles
  • Selecting vendors and ensuring installation and accessibility meet regulatory requirements
  • Installing charging stations and training team members
  • Evaluating the return on investment for EV upgrades
  • Helping clients get ahead of the curve by future-proofing operations
The “value engineering” that Phoenix and Pyramid can offer to property owners who are ready to take advantage of the EV evolution helps determine the best location and power systems for the EV charging stations to minimize upfront costs while also identifying future monetization opportunities.
“It’s not just about the return on investment of the chargers outside, it’s about the additional money that retailers can make inside their businesses,” says Patterson. “We encourage our clients to consider the potential that EV chargers have to draw in more customers who will inevitably spend more time and money there while waiting for their cars to charge.”
About Phoenix Parking Solutions
Phoenix Parking Solutions is a nationwide parking management, consulting and EV charging solutions operator based out of Atlanta. The company specializes in a range of parking services for restaurants, hotels, country clubs, shopping centers, and community events, in addition to parking management, logistics, and consulting services. Phoenix president Jeff Patterson, an active member of the National Parking Association (NPA) and one of less than 500 Certified Parking Professionals in the country, has been named to NPA’s 40 Under 40 – Class of 2021 that recognizes the positive impact of the best and brightest young professionals in the parking industry. For more information, call 678-412-0505 or visit phoenixparkingsolutions.com.
About Pyramid Network Services
Trusted. Proven. Committed. Pyramid is a debt-free, nationwide infrastructure services company. Since inception in 1996, Pyramid has been an industry leader in the commercial wireless, public safety, utility and renewable energy sectors and has completed work on over 100,000 wireless sites. Pyramid believes in the simplification of electrification. Charge Forward with Pyramid Network Services.

APC Hospitality partners with the Crystal Point Condominium Association in Jersey City, NJ

January 23, 2024

 

 

 

APC Hospitality partners with the Crystal Point Condominium Association in Jersey City, NJ

 

 

APC Hospitality is excited to announce our partnership with the Crystal Point Condominium Association in Jersey City, NJ! We are thrilled to add this exceptional property to our ever-growing portfolio.

APC will provide our exceptional valet parking and greeter services to this luxurious living establishment. Offering best-in-class professionalism and service, our highly trained staff will ensure a seamless hospitality experience.

 

ddumont@apchospitality.com

Parkway Corporation Announces Acquisition in Chattanooga

January 23, 2024

Parkway Corporation Announces Acquisition in Chattanooga

 

PHILADELPHIA, Jan. 22, 2024 / — Parkway Corporation, a real estate developer, investor, and best-in-class parking operator, is pleased to announce the acquisition of a 109-space parking lot located at 818 Broad Street in Chattanooga, Tennessee. A Parkway affiliate, Parkway U.S. Land Carry Fund I, LP completed the acquisition.

The surface lot is in the center of Downtown Chattanooga, and is directly across the street from Miller Plaza, The Read House Hotel, and is in close proximity to the Tivoli Theater, the Tennessee Aquarium, numerous bars, restaurants, office buildings, and other attractions. The acquisition is the Fund’s seventh purchase as part of its national strategy.

“We’re excited to acquire our first property in beautiful, scenic Chattanooga,” said Robert Zuritsky, President and CEO of Parkway Corporation. “The city and region have seen significant population growth, as people are attracted to the high quality of life and affordable cost of living Chattanooga offers at a key junction in the Southeast halfway between Nashville and Atlanta. We believe this site will be an important contributor to Downtown Chattanooga’s continued revitalization.”

Parkway U.S. Land Carry Fund I, LP was established to make acquisitions in primary, secondary, and tertiary markets that have mature or emerging paid‐parking characteristics, a multiplicity of parking demand generators, and demonstrable economic momentum and business growth. This platform is focused on acquiring surface parking lot facilities that have current operating cash flows where a higher or better use may be achievable over a longer time horizon. The Fund partners with local real estate brokers and parking industry experts to identify high quality locations for acquisition.

About Parkway Corporation
Parkway is a full-service real estate developer, investor, and operator with deep expertise in property and parking management. Founded and headquartered in Philadelphia, Parkway Corporation has been an industry leader for over 100 years in combining operational excellence and innovative technology to deliver exceptional products and customer experiences. More information about the company is available at www.parkwaycorp.com or connect with us on Facebook, LinkedIn, and Instagram.

Contact:
Sara McGovern, Slice Communications
smcgovern@slicecommunications.com
610-914-5977

Propark Mobility Names Rudy Touvell Chief Development Officer to Propel Innovation and Growth

January 18, 2024

 

 

 

Propark Mobility Names Rudy Touvell Chief Development Officer to Propel Innovation and Growth

 

 

 

 

Hartford, Conn. – Propark Mobility announced today that the company has appointed Rudy Touvell, a longstandingparking management leader, as its Chief Development Officer (CDO).

“Rudy’s contributions to Propark have paved the way for an exceptional level of success in our Midwest Region inrecent years,” said Propark Mobility President Stephen Duffy. “His depth of experience, combined with his operational expertise and strategic approach to business development, makes him an ideal fit to lead the growth efforts of the company in the future.”

Touvell, who most recently served as Senior Vice President of Propark’s Midwest Region, brings over 30 years of experience to the position of CDO. After joining Propark in 2019, he spearheaded the Midwest Region’stransformation, growing its portfolio, expanding its regional team, and enhancing its client-driven solutions.

“Rudy has continuously demonstrated a remarkable ability to transform strategic vision into reality,” said CEO DavidSchmid. “His expertise in cultivating meaningful partnerships has been a driving force behind the Midwest Region’s success, and we are confident that his dynamic leadership will continue to propel the entire Propark organization forward.”

This appointment comes at a pivotal moment for Propark, as the company continues to grow its national presence with new client partnerships and business acquisitions. As CDO, Touvell will leverage his deep understanding of the evolvingneeds of the parking industry to continue leading Propark’s national expansion efforts, fostering strategic partnerships, and identifying emerging opportunities.

About Propark Mobility

Propark Mobility is a national, innovation-driven parking management company that provides full-service parking andmobility services for over 1,000 hospitality, healthcare, commercial, and off-airport locations in over 140 cities across the United States. For more information, please visit www.propark.com.

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