|By Marketwired .||
|April 18, 2014 09:00 AM EDT||
SAN FRANCISCO, CA and TORONTO, ON -- (Marketwired) -- 04/18/14 -- QuickPay Corp. ("QuickPay") and Apps Network Appliances Inc. ("ANAi Global") are pleased to announce that QuickPay has acquired Nautical Technologies, ANAi Global's Parking, Transit and Tolling Technology division. In addition, the combined company has adopted a new name, "LocoMobi, Inc.," that fully reflects its vision of providing innovative solutions to the parking, transit and tolling markets around the globe. Initially, the new company plans to focus on expanding its growing footprint of smart parking deployments across parking operations in the United States and Canada.
QuickPay currently provides users a unified mobile payment application that works across all types of parking environments and scenarios. By integrating with a parking operator's existing equipment, either through software-only integrations or via QuickPay's proprietary gate kit, the company's platform, QP QuickPay, empowers drivers to seamlessly enter and exit gated parking facilities, and to pay for parking virtually anywhere parking is provided (e.g. gated facilities, non-gated facilities and on-street). The process is fast and safe as drivers do not have to worry about having cash or running their credit cards through the system. QP QuickPay also gives drivers the ability to skip pay-station and cashier lines and proceed directly to an exit gate. The systems can also be set up to enable QP QuickPay users to exit via monthly-only gates, further speeding up time to exit. The entire parking transaction is handled by phone via the free QP QuickPay smartphone app, available for iPhone and Android, by SMS text, or by a simple phone call. QuickPay also offers parking managers a way to track and reward frequent parkers. Every time consumers use QP QuickPay, they can earn valuable points toward future discounts and free parking.
Nautical Technologies was the very first to offer a cloud-based license plate recognition (LPR) system with a complete revenue engine that also provided a management system for virtual permitting systems, violation and citation management. The company also designed and implemented the first LPR-based system incorporating payment stations and barrier gates, which was integrated into a single cloud-based system. A garage using a Nautical Technologies LPR system knows every vehicle that enters and exits and links all payments to the vehicle's license plate. For parking owners and operators, this is of immense value as they have full knowledge of and receive payment from every single parker, rather than losing an estimated 30% of the parking revenue due to errors and fraud. The revenue gains after deploying a Nautical Technologies LPR system can significantly increase the value of the parking asset. The company also designs and implements a complete suite of traditional parking systems. Nautical Technologies' product offerings are unique in their level of comprehensiveness, innovation, and price: installations typically have twice the functionality at approximately half the price of competitive systems.
The combined company will continue to support all existing partners and product lines. It will offer consumer-facing mobile payments through the QP QuickPay brand, which will continue to be open and integrate with diverse existing parking equipment and systems, and proprietary parking systems through the Nautical Technologies brand. In addition, the company is developing solutions that integrate both technology suites to deliver new value for drivers as well as parking owners and operators. For drivers, the combination of QuickPay's mobile technology and gate kit with Nautical Technologies' product set leads to an ideal parking experience: a driver registers one time with the QP QuickPay app and enters his or her license plate and credit card. The driver then drives into a garage, LPR cameras recognize the vehicle and the gate opens automatically. When the driver is ready to leave, he or she drives to the exit gate, the LPR cameras recognize the car again, bill the credit card saved to the QP QuickPay account, the gates open and the driver exits -- all in a matter of seconds. A similar system works in non-gated scenarios as well. For owners and operators, LPR transactions can now be linked to registered drivers, enabling customer knowledge and communications.
"When I first thought about the future of parking, I envisioned a world where all forms of automation and innovation would change the parking experience for drivers, owners, and operators in fundamental ways, leading to increased convenience and better economics and utilization of scarce parking resources," says QuickPay Chairman and former CEO, Barney Pell. "When we first entered into a partnership agreement with ANAi a year ago, it was evident that we shared the same vision and could really make it happen together. I am extremely excited about our future together."
"Four years ago, I made the decision that the cloud and intelligent LPR systems were the future of parking management, as well as transit, tolling and other intelligent transportation needs," says ANAi Global Founder, Grant Furlane. "We are in a new world where all technologies will link and co-exist to make a more efficient transportation plan. We intend to lead this change."
Chris Thomas, a Co-Founder and Partner at Fontinalis Partners and Board Member of the combined company, added, "This acquisition furthers the company's mission of reinventing parking technology and providing a fully integrated mobile parking platform while also giving it the ability to begin expanding into other areas of innovation and mobility. We are incredibly excited about the platform and team they are building and look forward to engaging our partnership and network to help support the company's next stage of growth."
ANAi Global founder Grant Furlane has immediately assumed the position of LocoMobi CEO. Grant Furlane is a longtime veteran of parking and transportation payment equipment systems, and has more than 30 years of experience and innovation. He created many of the concepts consumers now take for granted, including pay-on-foot machines and paying for parking with credit cards. He served as President of the Canadian Parking Association and was Co-Chairman of the first world symposium on parking and intelligent transportation systems, which was attended by participants from over 50 countries. Barney Pell will continue as Chairman and Chief Strategist.
The combined company now has partnerships with most of the major parking operators in the U.S. and Canada, and is deployed in parking garages and lots, hotels, malls and theme parks and on-street in major cities throughout the U.S. and Canada. With a strong presence in North America, LocoMobi intends to expand globally with its current and newly established partners.
QuickPay (http://qpme.com) was founded in 2010 with a vision to leverage trends in mobile and cloud technology to remove the pain and hassle of finding, accessing, and paying for parking and transportation. The QP QuickPay mobile parking platform offers users one mobile parking application that works across all parking environments -- drivers can even raise parking gates using their mobile phones -- and gives parking owners and operators an efficient way to enable mobile parking and a suite of innovations across all their assets with a single integrated solution. Today drivers can use QP QuickPay and a mobile phone to find and pay for parking at hundreds of locations across the U.S. and Canada, with new locations being added continually. Privately-held QuickPay Corp. is based in San Francisco and backed by successful investors and technology leaders, including A16Z Seed, Advanced Technology Ventures, Ecomobilite Ventures, IncWell and Fontinalis Partners. Co-founded by Ford Motor Company Executive Chairman Bill Ford, Fontinalis Partners invests in technology companies improving next-generation mobility.
About ANAi Global and Nautical Technologies
Apps Network Appliances Inc. (ANAi Global, http://www.anaiglobal.com) is a global developer and designer of advanced networking communications in Mobile, M2M and Cloud Technology. Applications (Apps) are designed and engineered for environments like enterprise, site offices, mobile, and cloud computing. Solutions include Intelligent Networking, Payment Card PCI Compliance, and Transportation Tracking.
Nautical Technologies (http://www.nauticaltechsolutions.com), a subsidiary of ANAi Global, provides leading edge Technology and Hardware for the Parking, Security and Transportation Markets. Parking Management solutions include Automatic License Plate Recognition (LPR), Cloud Applications (Apps), Mobile Applications (Apps), and Equipment. Recent contracts, all featuring integrated LPR, include Canada's Wonderland, which is the largest theme park in Canada with over 10,500 parking stalls and over 30,000 transactions per week; Cinema towers, Toronto; Wyndham Hotels in Pittsburgh; and Hilton Hotels Embassy Suites in San Francisco.
About Fontinalis Partners
Fontinalis Partners, with offices in Detroit and Boston, is a venture capital firm strategically focused on next generation mobility. The firm was founded in 2009 by Bill Ford, Ralph Booth, Mark Schulz, Chris Cheever and Chris Thomas. Fontinalis' mission is to leverage the team's considerable management experience, market access, strategic relationships, international expertise, and background in transportation innovation to scale companies providing next-generation mobility solutions. Fontinalis invests as a strategic partner across all facets of the world's mobility systems on a stage-, structure- and size-agnostic basis. Fontinalis is not affiliated with Ford Motor Company. More information about Fontinalis is available at www.fontinalis.com.
For more information please contact:
A completely new computing platform is on the horizon. They’re called Microservers by some, ARM Servers by others, and sometimes even ARM-based Servers. No matter what you call them, Microservers will have a huge impact on the data center and on server computing in general. Although few people are familiar with Microservers today, their impact will be felt very soon. This is a new category of computing platform that is available today and is predicted to have triple-digit growth rates for some ...
Oct. 24, 2016 02:00 PM EDT Reads: 34,140
SYS-CON Events announced today that MathFreeOn will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MathFreeOn is Software as a Service (SaaS) used in Engineering and Math education. Write scripts and solve math problems online. MathFreeOn provides online courses for beginners or amateurs who have difficulties in writing scripts. In accordance with various mathematical topics, there are more tha...
Oct. 24, 2016 01:00 PM EDT Reads: 1,000
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...
Oct. 24, 2016 01:00 PM EDT Reads: 822
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
Oct. 24, 2016 01:00 PM EDT Reads: 853
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
Oct. 24, 2016 12:45 PM EDT Reads: 4,698
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Oct. 24, 2016 12:30 PM EDT Reads: 974
@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ...
Oct. 24, 2016 12:15 PM EDT Reads: 8,407
SYS-CON Events announced today that Niagara Networks will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
Oct. 24, 2016 11:45 AM EDT Reads: 1,309
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and ...
Oct. 24, 2016 11:45 AM EDT Reads: 1,511
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Oct. 24, 2016 10:45 AM EDT Reads: 3,861
Virgil consists of an open-source encryption library, which implements Cryptographic Message Syntax (CMS) and Elliptic Curve Integrated Encryption Scheme (ECIES) (including RSA schema), a Key Management API, and a cloud-based Key Management Service (Virgil Keys). The Virgil Keys Service consists of a public key service and a private key escrow service.
Oct. 24, 2016 10:15 AM EDT Reads: 1,071
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
Oct. 24, 2016 09:00 AM EDT Reads: 2,321
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
Oct. 24, 2016 08:15 AM EDT Reads: 3,155
SYS-CON Events announced today that Embotics, the cloud automation company, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Embotics is the cloud automation company for IT organizations and service providers that need to improve provisioning or enable self-service capabilities. With a relentless focus on delivering a premier user experience and unmatched customer support, Embotics is the fas...
Oct. 24, 2016 08:00 AM EDT Reads: 866
The Internet of Things (IoT), in all its myriad manifestations, has great potential. Much of that potential comes from the evolving data management and analytic (DMA) technologies and processes that allow us to gain insight from all of the IoT data that can be generated and gathered. This potential may never be met as those data sets are tied to specific industry verticals and single markets, with no clear way to use IoT data and sensor analytics to fulfill the hype being given the IoT today.
Oct. 24, 2016 07:30 AM EDT Reads: 2,578
@ThingsExpo has been named the Top 5 Most Influential M2M Brand by Onalytica in the ‘Machine to Machine: Top 100 Influencers and Brands.' Onalytica analyzed the online debate on M2M by looking at over 85,000 tweets to provide the most influential individuals and brands that drive the discussion. According to Onalytica the "analysis showed a very engaged community with a lot of interactive tweets. The M2M discussion seems to be more fragmented and driven by some of the major brands present in the...
Oct. 24, 2016 05:45 AM EDT Reads: 11,400
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
Oct. 24, 2016 05:00 AM EDT Reads: 5,552
The Quantified Economy represents the total global addressable market (TAM) for IoT that, according to a recent IDC report, will grow to an unprecedented $1.3 trillion by 2019. With this the third wave of the Internet-global proliferation of connected devices, appliances and sensors is poised to take off in 2016. In his session at @ThingsExpo, David McLauchlan, CEO and co-founder of Buddy Platform, discussed how the ability to access and analyze the massive volume of streaming data from millio...
Oct. 24, 2016 05:00 AM EDT Reads: 3,108
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
Oct. 24, 2016 05:00 AM EDT Reads: 2,511
Successful digital transformation requires new organizational competencies and capabilities. Research tells us that the biggest impediment to successful transformation is human; consequently, the biggest enabler is a properly skilled and empowered workforce. In the digital age, new individual and collective competencies are required. In his session at 19th Cloud Expo, Bob Newhouse, CEO and founder of Agilitiv, will draw together recent research and lessons learned from emerging and established ...
Oct. 24, 2016 04:30 AM EDT Reads: 1,342