New Ownership, New Name Announced for WPS Parking Solutions’ Parent Company
Glendale, CA – WPS Parking Solutions, a pioneer of intelligent barcode technology for parking solutions in North and South America, is pleased to announce its new ownership entity. Effective immediately, the company formerly known as IMTECH Traffic and Infra will move forward into the future of parking and technology under the name of Dynniq, with its home base located in the Netherlands.
Founded in 1985 as the first company to incorporate intelligent barcode technology with parking control systems, WPS Parking Solutions benefits from the new parent company’s robust portfolio of experienced and proven technology interests throughout the world. With established field offices in Los Angeles and Washington, D.C. since 1997, WPS USA has a dealer network operating in 21 US Cities.
“We are positioning ourselves in three core markets: energy, mobility and parking,” explains Dynniq CEO, Cees de Wijs. “Our new name was derived from four powerful components: Dynamics, Technology, Innovation and Intelligence.” de Wijs goes on to validate that the WPS name is wellknown throughout North and South America and, because of its strong history and exceptional track record, “the WPS name will not change.”
WPS strives to deliver reliable and innovative technology that exceeds customer’s expectations. The company’s Signature Product Innovations include: Web-based reporting and validation production, E-Billing and E-Payment by credit card, Digital Permitting via the internet, IP addressable components on a true IP network and patented two-way audio/video controls. WPS offers the lowest cost of ownership verses all conventional systems due to sustainable design and green technology built into the product.
“WPS USA is excited about Dynniq’s renewed focus on parking,” explains Russell Miller, General Manager for WPS West. “This has resulted in a doubling of our R&D budget for 2016. We have new product releases scheduled for later this year.” For more information, contact Russell Miller via email at email@example.com.