Category Archives for: technology

Parking Guidance Systems, LLC Celebrates Ten-Year Anniversary

May 31, 2023

Parking Guidance Systems, LLC Celebrates Ten-Year Anniversary

The parking guidance distributor has expanded from two employees, in a shared office, to thirty-three spread out among six office locations.

HOUSTON, May 31, 2023 — Parking Guidance Systems, LLC (PGS), the nation’s largest reseller and installer of Indect Parking Guidance technology, celebrates its 10-year anniversary today, May 31, 2023. PGS, who provides custom, technology-driven parking guidance solutions in parking structures serving a broad range of industries, has gained a reputation for its efficient design, installation, and support services.

PGS sells and installs parking guidance technology to help customers find spaces faster and improve overall parking garage space utilization.

Ten Years of Advancing the Parking Guidance Industry
“When we opened our doors ten years ago, we understood the only way to succeed in this business was to only represent the best parking guidance technology and to always make good on our promise of supporting our customers after the sale,” said Chandrea Frantz, President and Chief Marketing Officer at PGS. “This is such a competitive business, and we knew there was no room for inferior products or service.”

Sticking to its credo, over the last decade PGS has experienced steady growth and success, driven in part by its culture of excellence, instilled early on, and an extremely committed employee base. “We’ve built a great team where everyone understands the importance of their role, and what it takes to successfully complete a project,” added Derek Frantz, PGS, Vice President. “We strive for 100% customer satisfaction, and I believe our reputation in the industry speaks for itself.”

From its first installation at DFW airport in 2013, where the company installed single space sensors and way finding signage, to its most recent that features a complex combination of camera-based monitoring technology, outdoor detection systems, custom built programmable LED matrix signs, and “find my car” kiosks, PGS has come a long way over the last 10 years.

PGS currently has 33 employees and has expanded to 6 offices strategically located in Texas, Florida, California, and most recently Virginia. With nearly 200 parking assets currently being monitored by the company, and another 50 in progress, PGS continues to set the bar high with its industry-leading solutions and support, year after year.

About Parking Guidance Systems, LLC

PGS, a certified women’s business enterprise, specializes in providing tailored parking guidance solutions to address challenges at airports, entertainment venues, hospitals, mixed-use developments, corporate and college campuses, casinos, resorts, and hotels, to name a few. With more than 30 years of combined experience in the parking industry, PGS works directly with its clients to increase utilization, improve safety, maximize efficiency, optimize occupancy, and boost revenue.

To learn more about PGS please visit www.parkingguidancesystems.com.

MEDIA CONTACT:
KIT JONES, WHEELWRIGHT MARKETING COMMUNICATIONS, INC
213-269-2333
359846@email4pr.com

City of Omaha, Nebraska, Partners with ParkMobile to Expand Digital Parking Payment Solutions

May 30, 2023

City of Omaha, Nebraska, Partners with ParkMobile to Expand Digital Parking Payment Solutions

ParkMobile will soon be available in close to 10,000 parking spots around Omaha.

Omaha, NE – May 30, 2023 – ParkMobile, the leading provider of smart parking and mobility solutions in North America and part of the EasyPark Group, is expanding in Omaha, Nebraska, as the city broadens its mobile parking payment options. In early June, the ParkMobile app will be available for on-demand parking in almost 10,000 on- and off-street spaces throughout Omaha. Once launched, ParkMobile can be accessed by entering the zone number posted on nearby signage directly into the app. ParkMobile also offers event parking in Omaha via the Park Omaha reservations platform.

“With the forthcoming launch of Omaha, we’re expanding our reach in Nebraska and introducing more people to our easy-to-use, digital parking payment services,” adds David Hoyt, ParkMobile’s Managing Director. “With close to 10,000 parking spaces in town soon-to-be accepting ParkMobile, this is a big win for our team, and we’re thrilled to be offered in Omaha.”

The launch of Omaha expands ParkMobile’s presence in Nebraska as the app continues to grow into other cities in the state. Beyond the state, ParkMobile can be found across the region in Des Moines, Iowa, Lawrence, Kansas, Telluride, Colorado, and more.

“With the implementation of our parking ecosystem and progressive rates, Park Omaha is creating more options for residents and visitors to pay for parking. Utilizing the ParkMobile app creates additional digital payment options and with text-to-pay as an option, it makes it easier for guests to interact with the parking system” says Ken Smith, Parking and Mobility Manager of the City of Omaha. “The app’s advanced parking features and multiple ways to pay will make parking around town a more seamless experience.”

ParkMobile has 45 million users across North America, is available for both iPhone and Android devices, and can also be accessed on a mobile web browser.

About ParkMobile
ParkMobile, LLC is the leading provider of smart parking and mobility solutions in North America and part of the global parking tech company, EasyPark Group. With the vision to make cities more livable, EasyPark Group owns and develops the apps EasyPark, ParkMobile, RingGo and Park-line, and operates in over 3,200 cities across more than 20 countries. ParkMobile offers digital solutions to quickly find and pay for on-street and off-street parking via a mobile device. The company also offers parking reservations at stadiums, venues, and metro area garages. ParkMobile’s technology is used in thousands of locations across the U.S., including 8 of the top 10 cities, as well as college campuses and airports. ParkMobile has been named to the Atlanta Business Chronicle’s Pacesetter Award list, the Atlanta Journal Constitution’s Top Workplaces and won the 2022 Stevie Awards for Best Mobile On-Demand Application. Visit ParkMobile.io or @ParkMobile on Twitter for the latest news and information. For EasyPark Group news, visit easyparkgroup.com.

About Park Omaha:

As a division of the City of Omaha’s Public Works department, Park Omaha’s team is tasked with managing the Parking & Mobility division efficiently and effectively. Park Omaha is an enterprise fund that generates enough revenue to support operations, maintenance and improvements while balancing parking supply and demand and opportunities for mobility and curb management.

Park Omaha’s goal is to create positive experiences, whether they are small weekday trips to a store or big weekend adventures with multiple stops throughout town. The division fuels our community’s economy by enabling smooth commerce.

Press Contacts
ParkMobile: Haley Haas, PR Manager North America, haley.haas@parkmobile.io, 404-580-0112

City of Omaha: Sarah Baker Hansen, Director of Media & Public Relations, Emspace + Lovgren, sbh@emspacegroup.com, 402-210-9199

Parkopedia welcomes Benjamin Xuan as the new China Managing Director

May 26, 2023

Parkopedia welcomes Benjamin Xuan as the new China Managing Director

Benjamin joins the Parkopedia team to lead Parkopedia’s operations in China
Benjamin brings 20 years of automotive experience working with both domestic and international car manufacturers
The new role will see Benjamin building relationships within the Chinese automotive market and strengthening Parkopedia’s position with OEMs and suppliers

London, UK / Shanghai, China – Parkopedia introduces a new Managing Director for the company’s Chinese operations, Benjamin Xuan, who will be based at the company’s Shanghai office and start with immediate effect. Benjamin will work alongside the existingParkopedia China team members and focus on continuing to generate value for drivers and car manufacturers withParkopedia’s products in the Chinese market.

Benjamin has 20 years of automotive experience and brings a wealth of knowledge around automotive software, making him well-suited to Parkopedia’s position providing automotive data and connected services to the automotiveindustry. Benjamin has worked with both Chinese and international OEMs, giving him a strong understanding of Parkopedia’s unique position in the market.

Eugene Tsyrklevich, CEO at Parkopedia, said: “We are very pleased to welcome Benjamin to Parkopedia to lead our business in China. Benjamin’s experience in software and in core elements of the Chinese automotive industry means that he is perfectly placed to increase our presence within the industry and best serve our customers and their drivers.”

Talking about his new position, Benjamin Xuan said: “I look forward to working for Parkopedia and building further awareness for the company’s market-leading products in the Chinese market. The automotive industry in China is growing rapidly and I see numerous opportunities for Parkopedia to work with even more automotive manufacturersin China, as Chinese drivers have shown significant demand for the connected car services that Parkopedia provides globally.”

ENDS

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.

Parkopedia Media Contact

Hilary Qian

China Marketing Manager

T: + 86 151 0218 4863

E: hilary.qian@parkopedia.com

YVR and Concord Parking Re-Launch jetSet Valet

May 25, 2023

YVR and Concord Parking Re-Launch jetSet Valet

With Covid-19 travel restrictions easing throughout the world, the air travel industry has seen demand steadily increase, reaching near pre-pandemic levels. That increase has also had a positive impact on airport parking operations. With this, Concord Parking is pleased to announce that after a two-year suspension of service due to the pandemic, its YVR jetSet Valet service is back up and running.

YVR’s jetSet Valet service was initially launched in March 2019, and quickly became a first-choice parking option for travelers. With amenities such as vehicle readiness, luggage assistance, and shuttle service, jetSet Valet is the perfect option for those seeking the personal touch and convenience of a premium airport valet service.

“It was an incredible experience to partner with the YVR team from inception to reality,” said Steven Sall, Concord Parking’s Operations Manager. “As the first block parking operation at this scale in North America, we traveled to the UK with our client to learn from the best in the industry to develop the most efficient service and technology.”

Within the first few months, jetSet Valet quickly reached its peak capacity of 2,900 vehicles under care. During busy holiday periods, Concord’s team of professional valets greeted and assisted over 350 departing travelers each day. Utilizing “best in class” valet management software from industry leader ParkIT, Concord’s valet staff has the necessary tools to ensure the high expectations of customers are always met.

“Our hardworking and dedicated Concord team takes pride in serving customers travelling to all corners of the world in the fast-paced airport environment. With over 600 car and key movements a day, there’s a real sense of synergy and collaboration that makes this operation run smoothly. We’re committed to providing our customers with a stress-free parking experience, and our employees are a key part of that commitment,” Sall added.

YVR and Concord Parking’s team of 40 dedicated jetSet valet staff look forward continuing the process of establishing jetSet Valet one as North America’s premier airport valet services.

About Concord Parking Ltd.

Headquartered in Burnaby, British Columbia, Concord Parking provides a complete range of parking management services across Canada and the USA. We utilize License Plate Recognition (LPR) technology combined with our proprietary cloud-based permitting solution to provide effective permitting and enforcement services to airports, universities, hospitals, municipalities, and both commercial and residential properties. Our modular solution, Concord CTRL, streamlines the parking management process and allows our clients to choose only the components they require. Concord Parking is a division of the Paladin Security Group which employs more than 20,000 employees across 68 offices in 9 provinces and 25 states in North America. concordparking.com

For more information or media requests, please contact communications@paladinsecurity.com.

Pivot Parking Announces New Executive Vice President

May 23, 2023

Pivot Parking Announces New Executive Vice President

Charlotte, NC – Pivot Parking is proud to announce the addition of industry veteran, Gary Means, to their growing team. Means will serve as Executive Vice President of Municipal and Commercial, focusing on territory growth and the development and implementation of new technologies to benefit parking clients and end users.

“I’m extremely excited to have the opportunity to join the talented team at Pivot Parking and help build on the firm foundation that Scott Diggs, Paul Adkison, Tina Reid and Brandon Lauterbach have established,” said Means. “Our shared vision of delivering superior service to our clients and customers will always be front of mind as we continue to grow across the Southeast and the greater United States.”

Means will be transitioning from his position as the Executive Director of the Lexington Parking Authority where, over his sixteen-year tenure, he guided the organization through more than $15 million in capital advancements including structural and safety improvements as well as software and hardware upgrades. Under his leadership, the Authority won multiple awards and achieved designation as an Accredited Parking Organization in 2017.

Means is a Certified Administrator of Public Parking (CAPP) and serves as Chair of the International Parking and Mobility Institute (IPMI) Board of Directors. He will play an integral part in the upcoming IPMI Parking and Mobility Conference and Expo beginning June 11 in Fort Worth, Texas.

Prior to joining the Lexington Parking Authority, Means oversaw Central Parking System of Kentucky, Inc. as General Manager where he managed over 100 employees and 50 locations. He increased their bottom line by 48% in his first three years and added thirteen new properties. Means is a graduate of Eastern Kentucky University. He and his wife Melissa have two children and three grandchildren.

About Pivot Parking

Co-founded by parking industry veteran, Scott Diggs, and serial entrepreneur, Paul Adkison, Pivot Parking is one of the fastest growing parking companies in the United States. Along with Executive Vice Presidents and Co-founders, Tina Reid and Brandon Lauterbach, the company has over 90 years of experience boasting 100% customer retention, parking over 25,000 cars per day and handling over nine million transactions each year.

Park Fast…Park Easy…Park Smart. Learn more at www.pivotparking.com. Pivot Parking is a wholly owned subsidiary of Co-X Holdings, a private equity firm co-founded by Paul Adkison and Scott Diggs.

Amano McGann Announces New Northern California Operations Manager

May 22, 2023

Amano McGann Announces New Northern California Operations Manager

May 22, 2023 – Sacramento, CA – Amano McGann, the leading provider of Parking Access and Revenue Control Systems (PARCS) in North America, is delighted to announce Victoria McCoy as the new Operations Manager for Amano McGann’s Northern California Branches. She will manage all Nothern California Branch activities and create efficiencies to hit their strategic goals.

Mike Briggs, Vice President of Operations at Amano McGann said, “We are so happy to have Victoria join our Northern California team. Victoria has many years of operational experience with an emphasis on training and customer service.” He continues, “These strengths, and Victoria’s overall operational talents, will be a huge factor in taking our Sacramento and San Leandro branches to the next level, and beyond.”

Victoria McCoy comes to Amano McGann with over two decades of operations and continuous improvement experience. Prior to joining the parking industry, McCoy worked with IAA, a leading global digital marketplace that connects vehicle buyers and sellers. She received her bachelor’s degree in business management from California State University Sacramento and earned a Black Belt in Lean Six Sigma. In her free time, McCoy enjoys the outdoors, hiking and taking advantage of California’s beautiful lakes and rivers.

McCoy said, “I am excited to join the team at Amano McGann. I look forward to working closely with my collogues to deliver outstanding service to our customers along with the innovative solutions of this organization.”

About Amano McGann

Amano McGann, Inc. is a member of the Amano Group, a worldwide organization with annual revenues in excess of $1 billion. As world leaders in the manufacturing and distribution of hardware and software solutions for the parking industry, Amano McGann distributes nationally through branch offices and an authorized distribution network and provides a level of service and experienced unmatched in the industry. For more information about Amano McGann’s integrated solutions visit www.amanomcgann.com.

Contact: Sabrina Amerson

Email: marketing@amanomcgann.com

New Orleans Ernest N. Morial Convention Center to Offer Parking Reservations and Onsite Digital Payments with ParkMobile

May 19, 2023

New Orleans Ernest N. Morial Convention Center to Offer Parking Reservations and Onsite Digital Payments with ParkMobile

Event attendees and visitors can find and reserve parking in advance or pay for parking onsite via the ParkMobile app or web link

New Orleans, LA – Today, the New Orleans Ernest N. Morial Convention Center announced a new partnership with ParkMobile, the leading provider of smart parking and mobility solutions in North America and part of the EasyPark Group. As a result of this new partnership, event attendees and guests to the Convention Center can now reserve and pay for parking before their visit via ParkMobile’s online parking reservations and digital payment platform. Users can also pay for parking onsite through the ParkMobile app.

With ParkMobile’s approximately forty-five million users across North America, the integration of the mobile app reservations offering at the NOENMCC will now provide a consistent user experience for conference attendees traveling from across the country. ParkMobile currently services nearly 600,000 users in Louisiana and plans to continue to expand its mobile parking services across the state and region.

“Through introducing ParkMobile’s easy-to-use technology, each event will have a unique link to reserve and pay to park. Visitors are guaranteed a parking spot before they arrive on property,” said Convention Center President, Michael J. Sawaya. “Our visitor experience is our top priority, and with the integration of the reservation and onsite digital payment service, our guest experience is even more seamless.”

“ParkMobile’s reservation and onsite digital payment services creates a better experience for event and conference attendees. As we work to achieve our goal of making cities more livable, we’re thrilled to partner with New Orleans Ernest N. Morial Convention Center to bring the ease of ParkMobile to their drivers,” said David Hoyt, ParkMobile’s Managing Director.

ParkMobile is available for both iPhone and Android devices or can be accessed on a mobile web browser at https://app.parkmobile.io/zone/start. To make a parking reservation, users can search for the event venue in the ParkMobile app or on the dedicated NOENMCC ParkMobile website https://app.parkmobile.io/venue/new-orleans-ernest-n-morial-convention-center/events then select the lot where they would like to park.

After the reservation is booked, it can be redeemed at the location using a mobile pass in the ParkMobile app or printed permit. To pay for parking onsite via the ParkMobile app or website, the users will enter the zone number or scan the QR code found on the strategically located signs within the parking lot. More information about parking at the New Orleans Ernest N. Morial Convention Center can be found on the Center’s website at https://mccno.com/gettinghere/.

About the New Orleans Ernest N. Morial Convention Center (NOENMCC)

New Orleans is Built to Host! With 1.1 million square feet of prime exhibit space on one level, all under one roof, NOENMCC is the sixth largest Convention Center in the United States and provides the largest single exhibit space in the country. Our recent LEED Gold certification makes NOENMCC the largest LEED-certified project in Louisiana and the largest convention center project in the U.S. certified under LEED v4.1 Operations and Maintenance, as well as the first convention center in the world to be awarded initial certification under LEED Gold v4.1 O+MA. A leading contributor to the city’s robust tourism economy, NOENMCC event activity has produced $90.1 billion in economic impact since its 1985 opening.

About ParkMobile

ParkMobile, LLC is the leading provider of smart parking and mobility solutions in North America and part of the global parking tech company, EasyPark Group. With the vision to make cities more livable, EasyPark Group owns and develops the apps EasyPark, ParkMobile, RingGo and Park-line, and operates in over 3,200 cities across more than 20 countries. ParkMobile offers digital solutions to quickly find and pay for on-street and off-street parking via a mobile device. The company also offers parking reservations at stadiums, venues, and metro area garages. ParkMobile’s technology is used in thousands of locations across the U.S., including 8 of the top 10 cities, as well as college campuses and airports. ParkMobile has been named to the Atlanta Business Chronicle’s Pacesetter Award list, the Atlanta Journal Constitution’s Top Workplaces and won the 2022 Stevie Awards for Best Mobile On-Demand Application. Visit ParkMobile.io or @ParkMobile on Twitter for the latest news and information. For EasyPark Group news, visit easyparkgroup.com.

ParkMobile to Partner with the City of Hermosa Beach, California, Furthering the App’s West Coast Expansion

May 18, 2023

ParkMobile to Partner with the City of Hermosa Beach, California, Furthering the App’s West Coast Expansion

ParkMobile will be available at oceanfront parking spots

HERMOSA BEACH, Calif., May 18, 2023 — ParkMobile, the leading provider of smart parking and mobility solutions in North America and part of the EasyPark Group, is expanding into Hermosa Beach, California. ParkMobile is the first and only mobile parking payment provider in town alongside the City’s current metered payment options, with debit or credit card and coin payment options available at all spaces. The transition to ParkMobile will start with off-street parking at beach-serving downtown parking lots A, B and C before launching with on-street spaces. When the roll-out is complete, ParkMobile will offer smart parking for over 1,500 spots.

“We’re thrilled to welcome Hermosa Beach to the ParkMobile family and introduce their community to our parking app,” adds David Hoyt, ParkMobile’s Managing Director. “When the roll-out is complete, over fifteen hundred parking spaces will be live, expanding our footprint in Southern California.”

With the launch of Hermosa Beach, ParkMobile will expand its presence in California, where there are currently over 4 million users of the app. ParkMobile is widely available across the state in cities like Newport Beach, Monterrey, Fresno, Santa Cruz, and Sacramento, as well as on-campus at UCLA, and the University of California San Diego.

ParkMobile has close to 45 million users across North America, is available for both iPhone and Android devices, and can also be accessed on a mobile web browser. To pay for zone parking using the mobile or web app, a user enters the zone number posted on signs around the parking spot, selects the amount of time needed, and touches the “Start Parking” button to begin the session. The user will also be able to extend their parking session right from their mobile device.

CONTACT: Haley Haas
PR Manager, US
404-580-0112
haley.haas@parkmobile.io

ABM Named a 2023 DiversityInc Noteworthy Company

May 17, 2023

ABM Named a 2023 DiversityInc Noteworthy Company

NEW YORK, May 16, 2023 — ABM (NYSE: ABM), one of the nation’s largest providers of facility services, infrastructure solutions, and parking management, has been named to the DiversityInc list of Noteworthy companies for the first time. The DiversityInc Noteworthy Companies list is comprised of companies whose data indicates they have the potential to make the DiversityInc Top 50 list.

“As home to more than 100,000 team members who serve more than 20,000 clients, ABM views diversity of backgrounds, perspectives, and experiences as a core part of our strength, both as an employer and industry leader,” said Scott Salmirs, President and CEO, ABM. “Driving diversity, equity, and inclusion (“DEI”) across every level of our organization is good for our people, our clients, our business, and our communities – and is simply the right thing to do. This recognition by DiversityInc serves as an important milestone on our journey.”

While always a priority, ABM has accelerated its strategic efforts to deepen its diversity commitment over the past two years, including re-establishing a firm-wide Culture & Inclusion Council comprised of diverse representations from across all levels and industry groups, launching its first employee-led resource group, and establishing dedicated leadership roles focused on developing the company’s culture and DEI strategy.

Additionally, as one of the world’s largest facility services and solutions providers, ABM is advancing its supplier diversity program focusing on expanding the Company’s reach into communities where it operates, increasing its diverse spend as well as opportunities for minority, disabled, women, veteran, LGBTQ+ and small and underrepresented business enterprises to partner with ABM as suppliers or subcontractors.

“With an extremely diverse and growing workforce operating in every state in the U.S., as well as the U.K. and Republic of Ireland, we are developing ABM as an increasingly welcoming and inclusive place to work, where all team members are seen, heard, valued and provided with ample opportunities to grow,” said Raúl Valentin, Chief Human Resources Officer, ABM.

Noteworthy companies are judged by the same criteria as used in the Top 50 competition. The list results are derived exclusively from survey submissions from employers with at least 750 employees in the United States. Companies are evaluated within the context of their industries on verified policies, practices, and procedures.

“Since 2001, the DiversityInc Top 50 survey has become the external validator for large U.S. employers committed to promoting fairness,” said Carolynn Johnson, CEO of DiversityInc. “These rankings represent evidence-based, superior human capital outcomes achieved only by data transparency and an unwavering commitment to workplace fairness for everyone.”

About ABM
ABM (NYSE: ABM) is one of the world’s largest providers of facility services and solutions. A driving force for a cleaner, healthier, and more sustainable world, ABM provides essential services and forward-looking performance solutions that improve the spaces and places that matter most. From curbside to rooftop, ABM’s comprehensive services include janitorial, engineering, parking, electrical and lighting, energy and electric vehicle charging infrastructure, HVAC and mechanical, landscape and turf, and mission critical solutions. ABM serves a wide range of industries – from commercial office buildings to universities, airports, hospitals, data centers, manufacturing plants and distribution centers, entertainment venues and more. Founded in 1909, ABM serves over 20,000 clients, with annualized revenue approaching $8 billion and more than 100,000 team members in 350+ offices throughout the United States, United Kingdom, Republic of Ireland, and other international locations. For more information, visit www.abm.com.

About DiversityInc
DiversityInc’s mission is to educate the workforce and bring clarity to the business benefits of workplace fairness, equity, and inclusion. The organization has evolved to become the preeminent source of human capital data, education, and advice. DiversityInc is a VA-certified and veteran-owned business. A Black woman CEO leads the organization. For more information, visit https://www.diversityinc.com

CONTACT

Media:
ABM
Michael Valentino
media@abm.com

TIBA Parking Systems LTD. Launch the X60 and SPARK platform in Israel

May 16, 2023

TIBA Parking Systems LTD. Launch the X60 and SPARK platform in Israel

Petach Tikvah, Israel, May 10, 2023 – TIBA Parking Systems company of FAAC Technologies, a global Parking andRevenue Control Systems (PARCS) development company announces the launch of X60 hardware product line,that is complemented by homegrown enhanced legacy Smart Park as well as all new native cloud SPARK software platforms in Israel.

For over 30 years, TIBA has provided innovative solutions for parking operators and owners, through reliable products that are easy to install, commission and maintain, and provide the best return on investment and lowestcost of ownership in the industry. The TIBA X60 hardware is an embedded proprietary controller-based, OS Less solution that encompasses the latest technologies including robust field-proven components such as touch screen,integrated SIP on board intercom and pin hole camera, voice annunciator, printer, barcode scanners, bill validators, andmuch more. The TIBA solution is highly customizable thus can support a tailor-made configuration for the needs of the different garages and use cases. The X60 platform as well as the all new SPARK cloud platform are backward compatible to our existing install base, thus allowing our customers to evolve into the new product line.

Since 2020, TIBA has been successfully deploying the X60 product line in USA, Australia, and additional territories around the world: parking operators benefit from its flexible solutions coupled with TIBA native cloudSPARK platform, the enhanced legacy Smart Park software, as well as a wide variety of third-party supplier integrationswith complementary hardware and software solutions. “With hundreds of garages and cloud tenants already deployed inother global territories, installations in Israel will be seamless and backed by a proven track record to our customers” says Luca Cervato, Parking BU Director at FAAC Technologies. “With TIBA originating in Israel and influencing thelocal market together with our distributors, valued customers, local leadership and development center, the Parking BU of FAAC Technologies is committed and geared to maintain our preeminence in the Israeli market as well as evolving neighboring territories”.

“We are proud to have the TIBA product lines developed in Israel and tailored to both the local and the international markets: our agile solutions, reliability and extremely fast architecture allow for the engaged parking experience. Our all-new native cloud SPARK platform and mobile phone SPARK application grant full control and ease of management for the garage owners and operators. The local Israeli market characteristics, our strong relationship with the market leaders and committed operational and service excellence in the country will enable our quick and successful deployments already underway” says Ilan Lev, General Manager of TIBA Israel. “We strive to not onlyserve but also protect our customers’ investments in the TIBA solution, and we do that by continuing to invest and develop new features and capabilities in our platform, while maintaining backward compatibility to our legacy installations: our new X60 platform and cloud solutions are backward compatible to our legacy product lines installed in the field, allowing our valued customers to use their TIBA systems and maintain continuity of their business while gradually migrating to the new offering.”

TIBA supports customers in Israel and around the world in all segments of the parking industry: airports, large campuses, multi-use parking complexes, governmental solutions for the smart city and congestion control, automated robotic parking, healthcare and hospitals, education and universities, hotels, hospitality, and much more. TIBA flexible and reliable solutions architecture allows for unique solutions to support the different verticals with tailor fit solutions.

About TIBA

TIBA Parking Systems, a company of FAAC Technologies is a preeminent leader of solutions for the parking andmobility industry. With the most advanced and flexible systems, TIBA products are scalable, reliable, and user-friendly. TIBA is committed to an “Engaged Parking Experience” through a focus on superior products, providing the industry’s most configurable solutions, and delivering a first-rate customer success partnership. TIBA’s flexible cloud architecture enables parking operators to leverage technology and market trends and unlock new revenueopportunities. TIBA serves parking operators and owners both directly and through an extensive network of value-added resellers. Visit www.tibaparking.com to learn more.

About FAAC Technologies

FAAC Technologies is one of the leading international players in the access automation and control business in both the residential and industrial sectors. The executive headquarters, the technological and managerial heart, are located in Bologna, Italy, but the group boasts a huge presence abroad, where it develops most of its business with both production sites and commercial premises. Established in Bologna in 1965 thanks to the forward-thinking intuition of its founder Giuseppe Manini, FAAC Technologies is today an international group led by a consolidated andhighly motivated management team, which operates through 53 legal entities present in 29 countries distributed across 5 continents, and over 3,600 employees.

Forward-looking statements

The information included in this press release contains, or may be deemed to contain, forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995 and the Israeli Securities Law, 1968). Saidforward-looking statements. Subject to uncertainties and assumptions and the actual results may materially differ. Allforward- looking statements in this press release are based on information available to TIBA Parking Systems on the datehereof. All written or oral forward-looking statements attributable to TIBA Parking Systems are expressly qualified in their entirety by the factors referred to above. TIBA Parking Systems does not intend to update these forward-lookingstatements.

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