Tag Archives for: Tech

TagMaster NA: Elevating Airport Operations with LPR & GTMS at Colorado Springs Airport

March 19, 2024

 

TagMaster NA: Elevating Airport Operations with LPR & GTMS at Colorado Springs Airport

 

 

 

Tacoma, WA  – Industry leader TagMaster North America, Inc. (TMNA), announces the successful implementation of their Ground Transportation Management System (GTMS) software TrackFlow and CT-45 License Plate Recognition (LPR) cameras for vehicle identification and management with Colorado Springs Airport (COS). TrackFlow is TMNA’s management software specifically designed for the identification and access control of commercial vehicles and in conjunction with the CT-45 LPR cameras has been a pivotal contribution to maximizing revenue from commercial vehicles and collecting data for COS. This forward thinking initiative marks a significant advancement in airport operations, enhancing efficiency, security and maximizing revenue generation.

Responding to the evolving needs of modern travel, Colorado Springs Airport sought a comprehensive GTMS provider that could streamline operations while maximizing revenue capture from the commercial vehicle’s services, including taxis, shuttle buses, and Limos.  With a focus on highly secure vehicle identification using LPR, and real-time data insights, COS chose TagMaster NA to deploy their TrackFlow software and LPR to provide vehicle identification. This collaboration between COS and TMNA shows the dedication to using cutting-edge technologies to embrace the evolving needs of airports, travelers, taxis and data collection.

Key Features of the new solution include monitoring and tracking of vehicles in real time with unique identifiers like license plates ensure compliance with taxi companies and accurate revenue calculation. TMNA’s GTMS solution allows performance metrics, management of vendor’s data, violations monitoring, individual performance evaluation, and fleet data visible to the airport. Ethernet powered field devices and controllers minimize installation complexity and significantly lower the total cost of ownership of the system. Advanced search functionality for license plates, vehicles and companies enables COS to rapidly identify active and inactive vehicles. The automated alerting capabilities for unauthorized vehicle entry and overall system’s health enhance the security and operational efficiency of the airport.

The deployment of TMNA’s CT-45 LPR camera and TrackFlow GTMS software represents a leap forward for Colorado Springs Airport. By leveraging the power of TMNA’s industry leading LPR technology, the airport ensures accurate and reliable vehicle identification mitigating issues associated with the previous solution deployed. With TMNA’s TrackFlow and LPR solutions, COS is poised to set new standards of excellence in airport ground transportation management.

TagMaster North America, Inc. is a leading provider of Intelligent Identification solutions across many different markets and verticals, offering dual technologies including Software Solutions for Airport Ground Transportation Management, long-range Radio Frequency Identification (RFID) and License Plate Recognition (LPR). TagMaster NA addresses a wide range of challenges in the parking, rail bound, access, industrial and security industries with 25 years of experience and technical knowledge. The diverse family of hardware and software solutions ensures maximum adaptability and versatility. sales@TagMasterNA.com  | P: 866-615-5299

Colorado Springs Airport (COS) is a vital transportation hub serving the Pikes Peak region and beyond. With a commitment to excellence in customer service, safety, and sustainability, COS provides passengers with a seamless travel experience characterized by modern facilities, efficient operations, and a welcoming atmosphere. As the second-largest commercial airport in Colorado, COS plays a significant role in supporting economic growth, tourism, and connectivity in the region. Whether traveling for business or leisure, passengers can rely on COS to deliver exceptional service and convenience every step of the way. For more information, visit https://coloradosprings.gov/.

Enforcement Associates Announces North American Accreditation Program for Private Compliance Providers at PIE 2024

March 12, 2024

Enforcement Associates Announces North American Accreditation Program for Private Compliance Providers at PIE 2024

 

 

Schaumburg, Illinois:  In an effort to bring consistency and standardization to a largely unregulated private parking compliance industry, Enforcement Associates announced today the launch of ParkCert.Org. ParkCert.Org will provide the stage from which the industry can move forward as a fully self-regulated and policing entity that values both consumer rights and private property rights.

All members will be subject to a complete compliance program review before accreditation is granted, which will include posting of clear and concise signage, compliance with all state & local laws, adherence to a professional Code of Conduct, and provision of an independent appeals process. Continuing membership will be subject to continuing education, onsite visits, signage review, dispute process audits, and investigation of consumer complaints.

“We look forward to making this the premier organization representing both the private compliance industry and its patrons.” says Craig Bagdon of Enforcement Associates. “With this unified voice we can bring attention to this largely misunderstood industry and aid regulators in drafting common sense legislation that benefits all.”

Craig Bagdon, President

Enforcement Associates

(509) 999-6313

craig@enforcementassociates.com

AppyWay invites the public to invest in the parking revolution through Crowdcude

March 04, 2024

 

 

 

AppyWay invites the public to invest in the parking revolution through Crowdcude

 

 

 

  • AppyWay, European leader in digital kerbside management, is inviting the public to become a shareholder and join the burgeoning parking revolution
  • The public have a unique opportunity to shape the parking landscape in the UK and beyond, contributing to cities’ decarbonisation efforts
  • AppyWay, led by Founder & CEO Dan Hubert, integrates cashless payments, detailed parking and loading maps, and occupancy data, is already transforming cities with their platform

London, UK, Monday 4th March 2024 – AppyWay, the European leader in digital kerbside management, is excited to announce the launch of its fundraise on Crowdcube. This exclusive opportunity allows the public to play a pivotal role in transforming the parking landscape in the UK and beyond, and will help cities access the tools they need to unlock decarbonisation.

A decade ago, AppyWay Founder & CEO Dan Hubert experienced a frustrating parking experience, shared by millions across the UK, sparking his mission to Make Parking Forgettable™ via market-leading driver app, AppyParking+. With unwavering determination, he assembled a dynamic team of 40 passionate individuals dedicated to reshaping the parking landscape.

Recent government legislation on Digital Roads mandates that all authorities embrace the digital kerbside. Fortunately, AppyWay has spent the past decade building their technology precisely for this moment. Today, this unique platform is strategically positioned to capitalise on this digital revolution and scale across the UK and beyond.

AppyWay now stands as the European leading digital kerbside management platform, helping cities and fleets to optimise their operations and transition to net zero by unting parking and loading maps, occupancy data, and cashless payments. The platform is currently aiding local authorities and businesses across the UK and beyond in digitally from Dublin and Edinburgh to Lambeth and Cornwall, plus insurance giants Direct Line and disabled motoring innovators Motability Operations.

“With parking deeply effecting us all on a daily basis now is the perfect opportunity for the crowd to invest in a parking revolution made by the people for the people.” says Dan Hubert, Founder & CEO of AppyWay. “Our Crowdcube campaign is an invitation to ithe public who share our vision of smarter, more sustainable cities through the digitisation of much undervalued council asset. Your support can help accelerate the development and expansion of our solutions, making a tangible impact on the way we live and move around our towns and cities.”

The public are encouraged to act swiftly to take advantage of this opportunity, which closes on the 27th of March. To learn more about the campaign and become an investor in AppyWay, please visit the Crowdcube page at: https://www.crowdcube.com/companies/appyway/pitches/b3jv5Z

Denison Parking is now managing The Whit Parking Garage at Pulliam Square in downtown Indianapolis

February 21, 2024

 

For directions and additional information about parking at The Whit, click this link for our location listing page. 

 

Denison Parking is thrilled to announce we are now managing The Whit Parking Garage, conveniently located at 167 E Vermont Street, in Mile Square, near University Park and Mass Ave, Indy’s thriving arts district. The 505-space garage is connected to The Whit Apartments and an additional apartment building.

“We’re excited to manage and elevate The Whit’s parking experience for residents and tenants in this vibrant hub of entertainment, shopping, and cultural events. We’re upgrading the facility’s lighting system with new LEDs for improved energy efficiency, visibility, and safety, and installation for new entry/exit equipment is already underway. Stay tuned for a seamless and convenient parking experience at The Whit!”
—C. Perry Griffith III, President of Denison Parking

Picture of the parking garage: The Whit Pulliam Square Parking Garage 167 E Vermont Street Indianapolis IN 46204

The Whit (Pulliam Square) Parking Garage at 167 E. Vermont Street, Indianapolis, IN 46204

More About The Whit’s Neighborhood

  • Across New York Street from The Whit, University Park is popular for sunshine, dog walking, and squirrel watching. The space was set aside in 1821 for a state university, although the plan was never developed. However, it was later the site of a seminary, churches, and the city’s first high school. The area now features several sculptures in a beautifully landscaped setting.
  • The neighborhood was once home to the Indianapolis Star and is known as Pulliam Square because the newspaper was owned by the Pulliam family for more than 50 years before it was sold in 2000.
  • The iconic Soldiers & Sailors Monument, a beloved Indianapolis landmark, is just a stone’s throw away from The Whit. Grab a coffee, park at The Whit, and take a stroll around this historic gem.

The Denison Difference

Agile and forward-thinking, with ninety years of experience, Denison is constantly innovating to deliver the most innovative and efficient parking solutions. Our team is fueled by energy and integrity, based on long-standing family ownership to create a culture where everyone is treated like family. From employees to customers and clients, we give everyone the same respect and care we show each other, ensuring a truly personalized experience.

So, whether you’re a developer seeking a parking partner for your next groundbreaking project or a driver looking for a seamless stop in the heart of the city, Denison Parking is here for you. Experience the difference of innovation with a personal touch.

Experienced. Innovative. Personal. That is the Denison Difference.

For directions and additional information about parking at The Whit, click this link for our location listing page. 

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.

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

Propark Mobility Promotes Jennifer Atkins to Senior Vice President of National Accounts

January 11, 2024

 

 

 

 

Propark Mobility Promotes Jennifer Atkins to Senior Vice President of National Accounts

 

 

 

Denver, Colo. – Propark Mobility announced today that Jennifer Atkins has been promoted to Senior Vice President of National Accounts.

“Jennifer’s impact on the company can be felt across the country,” said Propark President Stephen Duffy. “In four years, she has facilitated tremendous growth in Propark’s Mountain Region and beyond. With her expertise in client services, innovative vision, and incredible leadership skills, she will be a key player in driving the company’s continued growth asSenior Vice President of National Accounts.”

Atkins, who enjoyed over 30 years in the hospitality industry, joined Propark in 2020 as Regional Vice President,Mountain Region, before becoming Senior Vice President of the region in 2022. In both positions, she effectively identified development opportunities while successfully expanding Propark’s Mountain Region portfolio and team. Inaddition to supporting the company’s external growth, Atkins has played an integral role in Propark’s internal development. In 2022, she led the charge in establishing Women of Propark, a companywide initiative that promotesleadership, professional growth, and diversity for team members through mentorship, networking, and educational opportunities.

“Jennifer’s exceptional leadership and proven track record of success have been vital to Propark,” said CEO David Schmid. “In this new position, she will continue to leverage her experience and expertise to further strengthen ourpartnerships, secure new opportunities, and contribute to Propark’s ongoing nationwide success.”

As Senior Vice President of National Accounts, Atkins will be responsible for overseeing the strategic direction and management of key client relationships on a national level, driving innovation in parking and service solutions, and continuing to foster a culture of excellence within the organization.

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.

SKIDATA and Kopernikus Automotive forge partnership to elevate Smart Parking solutions

January 09, 2024

 

 

 

SKIDATA and Kopernikus Automotive forge partnership to elevate Smart Parking solutions

 

 

  • Pioneering next-generation AI-based innovations in parking, accelerating the transformation from a mere vehicle storage function to an integrated, dynamic customer experience.
  • Commitment to setting new industry standards in efficient parking solutions and enhancing mobility in various locations.
  • Elevating smart city infrastructure with advanced parking solutions that seamlessly integrate into diverse urban environments.

 

Salzburg/Leipzig, January 9, 2024 – In a significant move towards advancing Smart Parking solutions, Kopernikus Automotive, a forward-thinking startup, has joined forces with SKIDATA, a leader in parking technology. This worldwide strategic partnership aims to harness the potential of AI and innovative technologies to transform the parking industry, catering to the needs of various operators at different locations, customers, and municipalities.

Technological synergy for advanced Parking Solutions

The collaboration brings together Kopernikus’ innovative proficiency and SKIDATA’s extensive experience in parking management. While Automated Valet Parking is among the technologies in scope, the partnership’s agreement extends to a variety of AI-based solutions. “These advancements include vehicle and object tracking, revenue optimization, misuse avoidance, space recognition, and enhanced car park surveillance, all aimed at improving the parking experience and management as well as optimizing space utilization,” explains Thomas Pühringer, Head of Solutions Portfolio Management at SKIDATA. “The same AI-based systems will optimize revenues today – and drive cars in the future”, adds Stefan Jenzowsky, CEO of Kopernikus Automotive.

Continuously increasing convenience for drivers

For end customers, this partnership promises a host of tangible benefits. “Continuously improving AI technologies ensure more automated and intuitive parking solutions,” says Thomas Pühringer. This advanced precision in automation, exemplified by improved license plate recognition, ensures a swift entry and exit process. Furthermore, the decrease in search traffic significantly cuts down on emissions, minimizes traffic congestion, and diminishes waiting times. The partnership fortifies safety and security with upcoming features like car finder information, which contribute to a more streamlined and protected parking experience.

Enhancing urban mobility and sustainability in the Smart City era

The partnership deeply enhances the customer journey and integrates with smart city infrastructure. Stefan Jenzowsky highlights the partnership’s potential: “Working with SKIDATA allows us to leverage their expertise and scale our innovative solutions. Together, we’re not just improving parking; we’re reimagining it for the smart city era.”

Sustainability is a key pillar of this partnership, with both companies dedicated to reducing emissions and optimizing space utilization in congested areas. Thomas Pühringer emphasizes this: “We’re building on our expertise in barrierless entry, license plate-based services, and efficient space utilization, improving these technologies with AI-enhanced solutions, all contributing to a seamless customer experience and a more sustainable urban environment.”

Innovating and leading the way in Smart Parking

The collaboration also involves engaging stakeholders across Europe and the USA, underscoring the partners’ role in driving the industry toward efficient and customer-friendly solutions, and setting new standards. This partnership marks a new chapter in the evolution of Smart Parking, setting the stage for a future where technology and sustainability converge to reshape urban landscapes.

 

About Kopernikus Automotive
Kopernikus Automotive GmbH is a Leipzig-based start-up company that specializes in Automated Valet Parking (AVP2) in parking garages as well as Infrastructure Orchestrated Maneuvering in automotive production and logistics facilities. Kopernikus Automotive is financed by venture capital. In the last financing round (A-Round), more than €8 million was invested in Kopernikus Automotive by existing investors (including AMAG VW Group Import and TGFS – Technologie Gründerfonds Sachsen) and Continental. The Kopernikus Automated Valet Parking (AVP2) and Infrastructure Orchestrated Maneuvering technology is being tested and implemented by numerous automobile manufacturers such as Volkswagen Group and Ford Motor Company. Kopernikus Automotive GmbH is certified according to ISO 9001:2015.

www.kopernikusauto.com

About SKIDATA
SKIDATA is an international leader in the field of access solutions and their management. Worldwide, leading companies and operators of airports, shopping malls, cities, office buildings, hotels, hospitals, universities, ski resorts, stadiums and amusement parks rely on the secure, future-oriented and reliable access solutions for people and vehicles. SKIDATA is the reliable partner from first consultations to perfect service. SKIDATA places great value in providing solutions that are intuitive, easy to use, and secure for the end customer. The integrated concepts of SKIDATA solutions help clients optimize performance and maximize profits. SKIDATA Group is part of the Kudelski Group, a publicly traded (SIX: KUD.S) worldwide leader in digital business enablement technologies that encompass digital content security, public access, cybersecurity, and IoT. SKIDATA is certified according to ISO 9001:2015 and ISAE 3402.

www.skidata.com

Colorado School of Mines Elevates Parking Experience with TKH Security’s State-of-the-Art Automated Parking Guidance System

January 04, 2024

 

Colorado School of Mines Elevates Parking Experience with TKH Security’s State-of-the-Art Automated Parking Guidance System

 

 

Cheshire, CT  – TKH Security (formerly Park Assist), a leading technology provider in camera-based Automated Parking Guidance Systems (APGS), is pleased to announce the prestigious Colorado School of Mines has chosen our cutting-edge parking solutions to enhance the overall parking experience on their campus in C+PKll garage with 871 parking spaces.

At the foothills of the Rocky Mountains, the Colorado School of Mines (Mines) is located in Golden, Colorado. Recently celebrating its Fall 2023 Undergraduate Commencement, Mines is a public research university focused on applied science and engineering. Mines once again ranked among the nation’s top universities in U.S. News & World Report’s 2024 edition of Best Colleges, ranking #36 in Top Public Schools nationwide and first in Colorado.

“As we see available land shrinking on college campuses across North America, the need for parking guidance to maximize overall availability is becoming essential,” said Jeff Sparrow, Director of Sales, North America. “Our technology not only maximizes parking efficiency but also offers enhanced security features, creating a safer environment. To the benefit of students, faculty, and staff, campus security will be able to better monitor each parking space.”

The camera-based M5 smart-sensor is the core of our automated parking guidance system (APGS). With two CMOS digital cameras on either side, the M5 smart-sensors are installed above the driving lane to monitor up to six parking spaces each, up to three on each side. Exhibiting a 99%+ accuracy rate, the M5 has a full spectrum RGB (LED) indicator that can be configured to display thousands of colors to indicate occupancy and parking space type. Most commonly, green indicates available, blue indicates handicapped, purple indicates EV, while red indicates occupied. Reducing time to park by up to 63%, the system not only facilities a smoother traffic flow inside the parking garage but it also reduces congestion in the surrounding areas.

Their automated parking guidance system (APGS) package also includes:

  • Camera-based C5 Smart Counting Solution to be placed at key points to accurately detect and count bidirectional traffic, sending the data to both VMS signs and INX,
  • With maximum messaging flexibility, VMS signage will treat parkers with to up to the moment guidance at key decision points, guiding them to available parking quickly,
  • Park Alerts will send proactive notifications for the arrival of important or banned persons, if someone overstays their limited-time space, or if someone parks in a restricted space,
  • Park Surveillance will deliver comprehensive monitoring of each parking space, in and between spaces, by capturing HD streaming video when motion is detected or continuously, allowing security to be on the lookout for suspicious activity in a more efficient way than ever before,
  • And the INX integration will provide Mines with real-time and historical, actionable data including: occupancy, dwell time, turnover, heatmaps, frequency, trends, comparative analytics, environmental conditions, and more.

“Mines selected us based on our leadership in camera-based APGS and our extensive experience in successful parking guidance installations. With installation beginning in Q1 2024, I look forward to working closely with Mines on this project,” said Sparrow.

Conduent Announces Agreement to Sell its Curbside Management and Public Safety Businesses to Modaxo

January 04, 2024

 

Conduent Announces Agreement to Sell its Curbside Management and Public Safety Businesses to Modaxo

 

 

 

FLORHAM PARK, N.J.  — Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, announced a definitive agreement to sell its Curbside Management Solutions and Public Safety Solutions businesses to Modaxo , a division of Constellation Software Inc. (TSX: CSU). Modaxo is a global portfolio company focused on advancing people transportation solutions.

The transaction is expected to close in the first quarter of 2024. The closing is subject to the satisfaction of customary closing conditions and regulatory approvals.

“This divestiture demonstrates continued progress in streamlining our portfolio to drive increased focus on our core capabilities and enable synergistic growth to create shareholder and client value,” said Cliff Skelton, Conduent President and CEO. “The proceeds from this transaction and that of our previously announced BenefitWallet transaction , will be used principally to reduce debt. We will continue to be open-minded regarding the use of capital associated with future portfolio rationalization efforts. We are committed to ensuring a seamless transition for our associates and clients while continuing to drive innovation in our road usage charging and transit businesses to enable streamlined, high-volume mobility services.”

The two businesses, which support approximately 130 government clients across the globe, operate largely independent from the rest of Conduent’s transportation portfolio. Curbside management provides parking enforcement systems and public safety provides automated photo enforcement processing, both for state and local municipalities.

Additional details of the transaction are outlined in Conduent’s 8-K filed with the U.S. Securities and Exchange Commission (SEC) today.

About Conduent
Conduent delivers digital business solutions and services spanning the commercial, government and transportation spectrum – creating exceptional outcomes for its clients and the millions of people who count on them. The Company leverages cloud computing, artificial intelligence, machine learning, automation and advanced analytics to deliver mission-critical solutions. Through a dedicated global team of approximately 60,000 associates, process expertise, and advanced technologies, Conduent’s solutions and services digitally transform its clients’ operations to enhance customer experiences, improve performance, increase efficiencies and reduce costs. Conduent adds momentum to its clients’ missions in many ways including delivering 43 percent of nutrition assistance payments in the U.S., enabling 1.3 billion customer service interactions annually, empowering millions of employees through HR services every year and processing nearly 12 million tolling transactions every day. Learn more at www.conduent.com .
Media Contacts:
Sean Collins, Conduent, +1-310-497-9205, sean.collins2@conduent.com
Neil Franz, Conduent, +1-240-687-0127, neil.franz@conduent.com

Investor Relations Contact:
Giles Goodburn, Conduent, +1-203-216-3546, ir@conduent.com

Note: To receive RSS news feeds, visit www.news.conduent.com . For open commentary, industry perspectives and views, visit http://twitter.com/Conduent , http://www.linkedin.com/company/conduent or http://www.facebook.com/Conduent .

Trademarks
Conduent is a trademark of Conduent Incorporated in the United States and/or other countries. Other names may be trademarks of their respective owners.

Forward-Looking Statements
This press release may contain “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. The words “anticipate,” “believe,” “estimate,” “expect,” “plan,” “intend,” “will,” “aim,” “should,” “could,” “forecast,” “target,” “may,” “continue to,” “endeavor,” “if,” “growing,” “projected,” “potential,” “likely,” “see,” “ahead,” “further,” “going forward,” “on the horizon,” and similar expressions (including the negative and plural forms of such words and phrases), as they relate to us, are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. All statements other than statements of historical fact included in this press release are forward-looking statements, including, but not limited to, statements regarding the expectation that the sale of Conduent’s curbside management and public safety businesses will be consummated and the timing of such consummation, as well as statements regarding Conduent’s focus on a seamless transition for clients and associates. These statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions, many of which are outside of our control, that could cause actual results to differ materially from those expected or implied by such forward-looking statements contained in this press release, any exhibits to this press release and other public statements we make. Important factors and uncertainties that could cause actual results to differ materially from those in our forward-looking statements include, but are not limited to: Conduent’s ability to realize the benefits anticipated from the sale of its curbside management and public safety businesses, including as a result of a delay or failure to obtain certain required regulatory approvals or the failure of any other condition to the closing of the transaction such that the closing of the transaction is delayed or does not occur; unexpected costs, liabilities or delays in connection with the proposed transaction; the significant transaction costs associated with the proposed transaction; negative effects of the announcement, pendency or consummation of the transaction on the market price of our common stock or operating results, including as a result of changes in key customer, supplier, employee or other business relationships; the risk of litigation or regulatory actions; our inability to retain and hire key personnel; the risk that certain contractual restrictions contained in the definitive transaction agreement during the pendency of the proposed transaction could adversely affect our ability to pursue business opportunities or strategic transactions; and other factors that are set forth in the “Risk Factors” and other sections of our Annual Report on Form 10-K, as well as in our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with or furnished to the Securities and Exchange Commission. Any forward-looking statements made by us in this press release speak only as of the date on which they are made. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements, whether because of new information, subsequent events or otherwise, except as required by law.

 

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