Tag Archives for: TIBA

FAAC Technologies Parking Business Unit in North America Appoints Scott Hutchison as New VP of Sales

October 23, 2023

 

FAAC Technologies Parking Business Unit in North America Appoints Scott Hutchison as New VP of Sales

 

Scott’s extensive and successful track record in Parking and Aviation Sales and Business Development will further accelerate the NA Parking Unit’s growth and expansion plans

 

 

Columbus, OH and Warrendale, PA  – FAAC Technologies Parking Business Unit in North America, renowned for their trustworthy and innovative parking systems across the U.S. and Canada, proudly introduces Scott Hutchison as its new VP of Sales. With an extensive and successful track record in the parking industry, Scott will further accelerate the North American Parking growth and expansion plans.

Scott, a respected industry veteran, brings a proven track record of enhancing business development, driving change, and solving complex business challenges. His appointment is pivotal in aligning the North American sales organization with the evolving needs of asset owners and private and public customers through innovative go-to-market strategies, launching new digital and technological solutions for each parking product line, strengthening relationships with key stakeholders, and optimizing customer support and services.

Luca Bovalino, CEO of FAAC Technologies’ Parking BU NA, remarked, “Scott’s addition to our leadership team underscores our continued dedication and investment in combining top-notch leaders with high technological solutions to take our business to the next level.”

Scott Hutchison, who spent most of his career in the Aviation Sector of the parking business, most recently served as the Senior Vice President of Business Development and Operations of ABM’s Aviation Division. In this role, he oversaw landside contracts and operations for major airports, including John F. Kennedy International Airport, La Guardia International Airport, and Los Angeles International Airport. Under his leadership, annual revenues grew to over $250 million. Before this, as VP of Global Accounts for ABM, Scott drove substantial growth across all airport service lines, achieving organic growth ranging from $20 million to $60 million in his area of responsibility.

Scott expressed his enthusiasm, saying, “Having experienced the exceptional quality of FAAC Technologies’ parking solutions as a former operator and client, I’m thrilled to help execute a more robust go-to-market strategy and foster a unified North American sales team to deliver our vision directly to customers. Our customers need a trusted partner, stable products, and evolving technology in the post-pandemic parking landscape. I aim to reassure existing customers and educate new ones that our parking solutions represent the future.”

Scott holds a B.S. in Journalism Mass Communications from the University of Utah in Salt Lake City.

www.hubparking.com

 

TIBA Parking Systems Enhances Customer Journey with Launch of X60 Ticketless Solution

September 26, 2023

 

 

 

TIBA Parking Systems Enhances Customer Journey with Launch of X60 Ticketless Solution

 


Powered by License Plate Recognition, Operators Now Have Access to a Stable and Convenient Seamless Entry/Exit/Payment Solution

 

 

 

 

Petach Tikvah, Israel  – TIBA Parking Systems R&D (1986) LTD a subsidiary company of FAAC Technologies, a leader in Parking and Revenue Control Systems (PARCS) development, today announces the launch of its new X60 Ticketless Solution, a highly customizable solution that delivers enhanced traffic flow via the system’s seamless License Plate Recognition, ensuring swift entry and exit as well as minimizing congestion and wait times for both customers and facility operations.

Additional Key Benefits of TIBA’s Ticketless Parking Solution:

  • Convenient Payment Options with Scan-to-Pay and Lobby Pay Stations: Users can settle parking fees quickly and conveniently without the need for traditional tickets by picking either to pay via scan-to-pay or by entering a license plate number at a lobby pay station, and the TIBA system will accurately calculate parking fees, providing a hassle-free payment experience.
  • Cost Savings: By eliminating the need for paper tickets, TIBA’s system significantly reduces ticket-related expenses and the administrative burden associated with lost tickets, thus granting cost savings to parking lot operators.
  • Eco-Friendly Solution: Deploying TIBA Ticketless Solution means a reduction in paper waste, contributing to a more eco-friendly and sustainable parking solution, supporting the global push towards environmentally responsible practices.

At TIBA we strive to protect our customers’ investment with the continual release of new and enhanced features, like Ticketless. Any garage with existing X60 equipment will soon be able to activate through their value-added reseller the ticketless capability, while also maintaining the traditional parking journey as a fail-safe.

“With our extensive install base and value-added distribution channel around the US, the deployment of the Ticketless Solution to our customers will be a phone call away. “FAAC Technologies stands committed to supporting TIBA’s continued product growth and success as a PARCS market leader,” says Luca Cervato, FAAC Technologies.

“TIBA has already deployed the Ticketless Solution in garages in Israel, paving the way for the local and North American market, and bringing both the old customer journey and the new ticketless journey together to an effortless intuitive solution with many customization options,” shares Ilan Lev, TIBA 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 lowest cost 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 & recyclers, and much 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, the new Ticketless mode, as well as the all-new SPARK native cloud platform are backward compatible to our existing TIBA X60 install base, thus allowing our customers’ assets to evolve over time.

Since 2020, TIBA has been successfully deploying the X60 product line in USA, Australia, and Israel, allowingparking operators to benefit from its flexible solutions coupled with TIBA native cloud SPARK platform, the enhanced Smart Park software, as well as a wide variety of third-party integrations with complimentary hardware and software solutions.

Sample User Flows of the X60 Ticketless Solution are below. If you’d like to receive additional information about TIBA’s X60 Ticketless Solution, please contact your local TIBA value-added reseller (VAR) or direct sales contact.

About TIBA
TIBA Parking Systems, a company of FAAC Technologies is a preeminent leader of solutions for the parking and mobility 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 and/or on-premise architecture enables parking operators to leverage technology and market trends with unparalleled flexibility and unlock new revenue opportunities. 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 headquarters, the technological and managerial heart are located in Bologna, in 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 and highly 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). Said forward-looking statements. Subject to uncertainties and assumptions and the actual results may materially differ. All forward-looking statements in this press release are based on information available to TIBA Parking Systems on the date hereof. 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-looking statements.

 

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.

Harvard Developments selects Nortech Parking Systems for new TIBA X60 Automated Parking Systems at Two Sites in Downtown Regina SK

July 08, 2022

 

 

Harvard Developments selects Nortech Parking Systems for new TIBA X60 Automated Parking Systems at Two Sites in Downtown Regina SK

 

 

 

  • The TIBA X60 product line is the fastest processing platform available in the industry today providing customers with quick access and smooth payment processing.
  • Harvard, a company founded over 100 years ago, is a leader in Western Canada as it pertains to residential, office, and retail projects.
  • Harvard will be utilizing the Nortech Cloud-Hosted Solution with a Data-Centre Nortech built, maintains, and grows in Winnipeg, MB.
  • Nortech Parking Systems has evolved to become the current day leader in Canada for providing parking systems, design services, the newest technology, holistic automated parking solutions, project management, and ongoing support.

 

Winnipeg MB – Harvard Developments partners with Nortech Parking Systems. Harvard selected Nortech to install two new TIBA X60 Systems at the Hill Centre and Rose Street Parkades in downtown Regina. This includes 8 lanes of revenue and access control, 8 new barrier gates, 3 pay stations, the TIBA Mobile Access App, Cloud-Hosting, and a comprehensive Support Program. The installation was completed in May.

Nortech is excited for this partnership with Harvard. Jesse Perry, Vice President Nortech Parking Systems, stated, “Harvard is exactly the type of partner we look for, forward thinking and growing which aligns very well with Nortech Parking Systems as we continue to innovate and expand with the evolving parking industry”.

ABOUT NORTECH

Founded in 2010, Nortech began as an installation, service, and support organization for a variety of different parking technology manufactures. Nortech is the exclusive partner for TIBA Parking Systems in Canada and has been since 2018. With over 100 years of combined team experience, Nortech meets and exceeds customers’ expectations as it pertains to maximizing revenue opportunities and ensuring a world class customer experience. We work very close with technology partners like TIBA, omniQ, Zephire, ParkMobile, INDECT, Chauntry, Moneris, and Windcave to deliver innovative and advanced solutions for our customers.

ABOUT TIBA VAR GROUP & TIBA

The Authorized TIBA VAR Group is a multi-national collection of premier system integrators that specialize in the Parking & Mobility segment exclusively representing TIBA Parking Systems, the industry leader. Aligned with TIBA, the Authorized TIBA VAR Group is wholly committed to an “Engaged Parking Experience” through a focus on superior products, the industry’s most configurable solutions, and delivering first-rate customer support. TIBA’s robust, scalable cloud architecture enables our clients to leverage technology and market trends to unlock new revenue opportunities. The TIBA VAR Group member companies serve both parking asset owners and operators. Visit www.tibaparking.com to learn more.

TIBA: Traffic & Safety Control Systems remains the Industry Leader in Michigan

March 29, 2022

 

 

TIBA: Traffic & Safety Control Systems remains the Industry Leader in Michigan

 

 

 

  • Traffic & Safety Control Systems will provide a turnkey installation of TIBA’s innovative PARCS equipment that is on-time and on budget.

 

  • TIBA’s X60 Equipment platform is the fastest and most flexible processing platform available on the market today.

 

  • TIBA’s X60 equipment is OS less and can be hosted in the cloud or on premise giving you the flexibility to run your operation to best suit your needs.

 

Grand Rapids, MI – Authorized TIBA VAR Group member company Traffic & Safety, the leading provider of parking technology in Michigan has recently received approval to replace the underperforming parking system at AHC Hospitality (Amway, JW Marriott, Courtyard) in Grand Rapids, MI.  With the flexibility of the X60 platform AHC will be able to implement prepay parking in these four modern parking facilities that provide mixed use parking for Hotel and Event Centers in the Grand Rapids Area.  This flexibility saves overhead operating costs and increases thruput for the parker. A win for all.

 

TIBA’s agile platform provided flexibility to manage daily transient, contract, and a wide range of merchant validation options for ACH’s customers and business partners. Traffic and Safety was selected to replace the 3-year-old underperforming system due to its history and reliability in the Michigan market.

 

Installing the TIBA X60 solution with pre-pay for event parking provides the solutions necessary to process a high volume of parkers in our clients’ locations.  Having the talent and local presence to design and support the installation is key to our demanding customers. – Keith Hay Jr. President, Traffic and Safety

 

 

 

About Traffic and Safety

Traffic & Safety is the most tenured and largest technology provider of parking access and revenue control systems in the State of Michigan.

 

  • 48+ year track record of success – Traffic & Safety has served the parking community and the State of Michigan since 1974!
  • T&S has over 300 years of combined design, installation, and service experience!
  • Our team has performed hundreds of successful installations throughout the state of Michigan!

 

Since our inception Traffic & Safety built a reputation for providing customer service that’s “above and beyond the call of duty.” Traffic & Safety is family owned and operated, and deeply held family values permeate our culture.  In fact, they drive everything we do, from our day-to-day business activities to every service call we complete.

 

About TIBA VAR Group (and TIBA)

The Authorized TIBA VAR Group is a multi-national collection of premier system integrators that specialize in the Parking & Mobility segment exclusively representing TIBA Parking Systems, the industry leader. Aligned with TIBA, the Authorized TIBA VAR Group is wholly committed to an “Engaged Parking Experience” through a focus on superior products, the industry’s most configurable solutions, & delivering first-rate customer support. TIBA’s robust, scalable cloud architecture enables our clients to leverage technology & market trends to unlock new revenue opportunity. The TIBA VAR Group member companies serve both parking asset owners & operators. Visit www.tibaparking.com to learn more.

 

 

 

 

 

TIBA – Precision Technology Solutions Takes Parking & Mobility to the Next Level in DC

March 21, 2022

 

 

 

TIBA – Precision Technology Solutions Takes Parking & Mobility to the Next Level in DC

 

 

 

 

  • Precision Technology Solutions (PTS)’s local staff provides a best practice “start to finish” installation process that always delivers an on-time and on-budget result.

 

  • TIBA’s Innovative X60 platform is the fastest & most flexible processing platform available on the market today.

 

  • TIBA is the technology leader with more 3rd party integration developments than any other PARCS provider.

 

Washington DC,– Precision Technology Solutions (PTS) has completed Park + Ford; a mixed-use development with a multitude of parking challenges for both the operations team and the parking customer. Colonial Parking turned to Authorized TIBA VAR PTS to deliver a start to finish project featuring TIBA’s flagship X60 lane platform reporting to its cutting-edge software platform.

 

TIBA’s agile platform was the only choice providing the flexibility to manage daily transient, residential, contract, member, and a wide range of merchant validations in a high density, urban setting. With high throughput and data security a priority the TIBA X60 platform was the only choice for this project.

 

“Our local PTS staff worked with Colonial Parking to ensure we provided a system solution that addressed the needs of the operation and client.  We worked in unison with them to examine each need individually as well as the combined impact on the Park + Ford operation, to deliver a start to finish solution”- Rob Bell, President of PTS

 

About Precision Technology Solutions

From our foundation, PTS has emerged as one of the premier providers of Parking Access and Revenue Control Systems (PARCS) in the United States. No matter the project size and scope, PTS is committed to offering “best in class” products and local support.

 

PTS has successfully installed several hundred Parking Systems in Connecticut, New York, New Jersey, Philadelphia, Delaware, Maryland, Washington, DC & Northern Virginia and has been named TIBA VAR of The Year in 2015, 2016, 2018, 2019, 2020 & 2021.

 

About TIBA VAR Group (and TIBA)

The Authorized TIBA VAR Group is a multi-national collection of premier system integrators that specialize in the Parking & Mobility segment exclusively representing TIBA Parking Systems, the industry leader. Aligned with TIBA, the Authorized TIBA VAR Group is wholly committed to an “Engaged Parking Experience” through a focus on superior products, the industry’s most configurable solutions, & delivering first-rate customer support. TIBA’s robust, scalable cloud architecture enables our clients to leverage technology & market trends to unlock new revenue opportunity. The TIBA VAR Group member companies serve both parking asset owners & operators. Visit www.tibaparking.com to learn more.

The TIBA VAR Group Notice

December 17, 2021

TIBA VAR Group Notice

 

 

 

 

The TIBA VAR Group can broadcast with great confidence the widespread Log4j vulnerability has no impact on TIBA products. TIBA’s edge devices are OS-Less & do not rely on any known source codes.

After a thorough investigation by the TIBA development team, findings have proved none of the TIBA software modules are using the Apache libraries; hence a statement with confidence that there is no risk from the Log4j vulnerability.

 

Parker Technology & TIBA Parking Announce Partnership Agreement

July 15, 2021

 

Parker Technology & TIBA Parking Announce Partnership Agreement

 

 

Indianapolis, IN — Parker Technology and TIBA Parking announce their official partnership agreement. The two technology organizations have worked collaboratively to engineer an integrated two-way video customer experience solution on TIBA’s X-60 line of Parking Access and Revenue Control Systems (PARCS) equipment. As well as an audio integration for X-30 and X-60 equipment, for SIP or third-party VOIP.

 

The outcome of this strategic partnership is to connect the two innovative platforms via an API bridge to support drivers seeking assistance in the lane. Anyone using the Parker platform, including Parker’s own customer service representatives, can answer intercom calls remotely through TIBA’s robust X-60 product line, with high-quality audio and video. Additionally, the API allows gate vends, validation or comping of parking tickets, rate management, assisting monthly contract parkers (coming soon) and maintaining detailed audits for each transaction.

 

“It is great to bring two parking technology leaders together to create a better experience for the parker,” says Levi Rinkoff, Executive Vice President of Partnerships and Alliances at TIBA. “The integration between TIBA and Parker Technology will provide a secure and intuitive way to seamlessly assist parkers on their way in and out of parking facilities via video or audio communication across TIBA’s X-60 product line. TIBA and Parker Technology look forward to empowering parking operators to continue to innovate and elevate the customer experience and value to their customers.”

 

“Our two organizations have a history of collaborative sales success and I appreciate the engineering and integration expertise TIBA brought to the partnership to make this solution possible. We know two-way video contributes to a better customer experience and we’re excited to deliver it to TIBA’s customers,” said Brian Wolff, President & CEO of Parker Technology.

 

Parker Technology has worked cooperatively for years with many TIBA dealers, giving them the ability to deliver a better customer experience and share monthly recurring revenue. As part of this new partnership, TIBA, Parker and the TIBA VAR network will align sales and marketing efforts to work in tandem, creating mutual value and exceeding customers’ expectations.

 

About Parker Technology

For parking operators who have limited resources to manage intercom and inbound customer service calls, Parker Technology combines parking domain expertise, a flexible software platform and their professional customer service center, or your staff, to ensure customer problems are resolved efficiently and according to the facility’s business rules. Parker helps clients create a better customer experience, while collecting more revenue, keeping traffic moving, freeing up internal staff to focus on higher-priority on-site tasks, and gathering data insights to run operations more effectively. Learn more at www.helpmeparker.com.

 

 

About TIBA Parking Systems 

TIBA Parking Systems, a FAAC Group company, is the leader of solutions for the parking and mobility industry. With the most advanced and flexible systems, TIBA products are scalable, reliable and user-friendly. TIBA is wholly 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 revenue opportunity. TIBA serves parking operators and owners both directly and through an extensive network of value-added resellers. Visit www.tibaparking.com to learn more.

TIBA Parking Systems Appoints Christopher Archer as Vice President, Head of Sales

March 12, 2021

TIBA Parking Systems Appoints Christopher Archer as Vice President, Head of Sales

Associated Time Instruments President to Take The Helm of TIBA Sales Post-acquisition

 

 

 

COLUMBUS, OH  – TIBA Parking Systems, the North American Leader in parking and mobility technology, and part of the FAAC Group family of companies, announced today that it has appointed Christopher Archer, long time President of the recently acquired Dallas, Texas-based, Associated Time Instruments (ATI) to the position of VP, and Head of North American Sales.

In this role Mr. Archer will oversee all aspects of TIBA’s sales operations, including direct sales, national accounts, and TIBA’s Valued Added Reseller (VAR) network. Archer, a long-time VAR with ATI, brings over 32 years of experience with him, including 23 years at ATI. With Archer’s industry expertise and strong leadership experience across both direct and indirect sales models, this appointment will further strengthen TIBA’s market presence and commitment to dominating the PARCS market in North America.

“We couldn’t be more excited for Chris to officially come on board and take over our sales organization,” said Moshe David, CEO of TIBA. “No one is more well versed in the value TIBA solutions can deliver for the market, and under his guidance, Associated Time grew to one of the top performing VARs in our network. With his deep relationships and collaboration with our direct and indirect teams, we look forward to much success in 2021 and beyond.”


“I’m thrilled to be joining the TIBA leadership team to oversee the sales organization and continue to drive TIBA solution adoption in the North American market,” said Christopher Archer. “TIBA solutions are far and away the most innovative and flexible parking and mobility solutions in the industry, and I am eager to collaborate with this amazingly talented team of individuals and partners to further TIBA’s market leadership.”


About TIBA Parking Systems:


TIBA Parking Systems is part of the FAAC Group, Italian multinational leader in the sector of automation and vehicle and pedestrian access control, which includes HUB Parking and Magnetic. With the most advanced and flexible systems, TIBA products are scalable, reliable and user-friendly. TIBA is wholly 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 revenue opportunity. TIBA serves parking operators and owners both directly and through an extensive network of Value-Added Resellers. Visit www.tibaparking.com to learn more.

MEDIA CONTACT:
Jordan Weiss
Jordan.weiss@tibaparking.com
512-826-1572

TIBA Parking Systems to Acquire Texas-based PARCS Value-Added Reseller, Associated Time Instruments

February 23, 2021

TIBA Parking Systems to Acquire Texas-based PARCS Value-Added Reseller, Associated Time Instruments

 

Leading Parking and Mobility Technology Company Strengthens Presence in the Southern U.S. with Acquisition of Longtime TIBA Reseller Partner

COLUMBUS, OH  – TIBA Parking Systems, the North American Leader in parking and mobility technology, and part of the FAAC Group family of companies, announced today that it has agreed to acquire the Parking Access and Revenue Control System (PARCS) portion of the Dallas, Texas-based, Associated Time Instruments (ATI). ATI has been serving its customers for over 60 years and has been a top TIBA Valued Added Reseller for TIBA equipment and technology for the last 4 years. ATI operates in the Southern U.S. markets including Texas, Louisiana, Oklahoma, Arkansas and New Mexico.

This acquisition reinforces the TIBA Parking commitment to providing a strong local presence across all markets. It also further strengthens TIBA’s leadership in the region, as the Texas market is one of the top regions in the U.S. for parking technology. ATI has deep roots in the region and this acquisition will provide the company even more resources to further establish leadership in the market and provide an even higher degree of service to the customers.

“We couldn’t be more excited for Associated Time Instruments to join the TIBA and the FAAC Group family of companies,” said Moshe David, CEO of TIBA. “Not only are we acquiring one of the top performing organizations in the PARCS industry, but an extremely talented team of individuals as well. Accelerated growth in southern U.S. and especially in the Texas market is core to TIBA’s overall strategy, and this acquisition will allow us to partner even more closely with ATI to truly dominate the region.”

With extensive global experience as part of the FAAC family of companies, TIBA’s robust, scalable cloud architecture enables parking operators to keep pace with the latest trends in centralized operations, automated smart facilities, ticketless and frictionless parking, web reservations, valet, and mobile payments. ATI adds a local expert presence to the region’s customers to sell, install, and support TIBA solutions.

“We’re thrilled to more formally join forces with TIBA, a company that is known industry-wide as a leader in innovation, flexibility and an engaged parking experience,” said Christopher Archer, President of Associated Time Instruments. “We have been a proud partner of TIBA for years, and now as a part of the TIBA family, we look forward to continuing to drive best-in-class technology, equipment and service to our customers with even greater power and resources behind us.”

About TIBA Parking Systems: TIBA Parking Systems is part of the FAAC Group, Italian multinational leader in the sector of automation and vehicle and pedestrian access control which includes HUB Parking and Magnetic. With the most advanced and flexible systems, TIBA products are scalable, reliable and user-friendly. TIBA is wholly 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 revenue opportunity. 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 Associated Time Instruments: Associated Time Instruments is a leading supplier of Parking and Revenue Control Equipment, Access Control, and Parking Guidance Systems. ATI is the market leader in Texas distinguishes themselves by providing superior products, expert consulting and engineering, quality installations, comprehensive support, and professional services. ATI provides both standard software products and custom software solutions and has been consistently providing modern and effective solutions to customers for the past 60 years!

MEDIA CONTACT:

Jordan Weiss

Jordan.weiss@tibaparking.com

512-826-1572

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