|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:
One of the bewildering things about DevOps is integrating the massive toolchain including the dozens of new tools that seem to crop up every year. Part of DevOps is Continuous Delivery and having a complex toolchain can add additional integration and setup to your developer environment. In his session at @DevOpsSummit at 18th Cloud Expo, Miko Matsumura, Chief Marketing Officer of Gradle Inc., will discuss which tools to use in a developer stack, how to provision the toolchain to minimize onboa...
Feb. 12, 2016 09:00 PM EST Reads: 134
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
Feb. 12, 2016 06:00 PM EST
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 ad...
Feb. 12, 2016 04:15 PM EST Reads: 432
Join us at Cloud Expo | @ThingsExpo 2016 – June 7-9 at the Javits Center in New York City and November 1-3 at the Santa Clara Convention Center in Santa Clara, CA – and deliver your unique message in a way that is striking and unforgettable by taking advantage of SYS-CON's unmatched high-impact, result-driven event / media packages.
Feb. 12, 2016 03:00 PM EST
There will be new vendors providing applications, middleware, and connected devices to support the thriving IoT ecosystem. This essentially means that electronic device manufacturers will also be in the software business. Many will be new to building embedded software or robust software. This creates an increased importance on software quality, particularly within the Industrial Internet of Things where business-critical applications are becoming dependent on products controlled by software. Qua...
Feb. 12, 2016 02:15 PM EST
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
Feb. 12, 2016 02:15 PM EST Reads: 455
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
Feb. 12, 2016 01:00 PM EST Reads: 236
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...
Feb. 12, 2016 12:30 PM EST Reads: 269
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Avere delivers a more modern architectural approach to storage that doesn’t require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbuilding of data centers ...
Feb. 12, 2016 12:30 PM EST Reads: 120
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
Feb. 12, 2016 11:45 AM EST Reads: 458
Fortunately, meaningful and tangible business cases for IoT are plentiful in a broad array of industries and vertical markets. These range from simple warranty cost reduction for capital intensive assets, to minimizing downtime for vital business tools, to creating feedback loops improving product design, to improving and enhancing enterprise customer experiences. All of these business cases, which will be briefly explored in this session, hinge on cost effectively extracting relevant data from ...
Feb. 12, 2016 11:15 AM EST Reads: 145
SYS-CON Events announced today that iDevices®, the preeminent brand in the connected home industry, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. iDevices, the preeminent brand in the connected home industry, has a growing line of HomeKit-enabled products available at the largest retailers worldwide. Through the “Designed with iDevices” co-development program and its custom-built IoT Cloud Infrastruc...
Feb. 12, 2016 10:00 AM EST Reads: 136
As enterprises work to take advantage of Big Data technologies, they frequently become distracted by product-level decisions. In most new Big Data builds this approach is completely counter-productive: it presupposes tools that may not be a fit for development teams, forces IT to take on the burden of evaluating and maintaining unfamiliar technology, and represents a major up-front expense. In his session at @BigDataExpo at @ThingsExpo, Andrew Warfield, CTO and Co-Founder of Coho Data, will dis...
Feb. 12, 2016 09:30 AM EST Reads: 220
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, will discuss how the ability to access and analyze the massive volume of streaming data from mil...
Feb. 12, 2016 09:00 AM EST
WebSocket is effectively a persistent and fat pipe that is compatible with a standard web infrastructure; a "TCP for the Web." If you think of WebSocket in this light, there are other more hugely interesting applications of WebSocket than just simply sending data to a browser. In his session at 18th Cloud Expo, Frank Greco, Director of Technology for Kaazing Corporation, will compare other modern web connectivity methods such as HTTP/2, HTTP Streaming, Server-Sent Events and new W3C event APIs ...
Feb. 12, 2016 09:00 AM EST
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
Feb. 12, 2016 06:00 AM EST Reads: 260
Eighty percent of a data scientist’s time is spent gathering and cleaning up data, and 80% of all data is unstructured and almost never analyzed. Cognitive computing, in combination with Big Data, is changing the equation by creating data reservoirs and using natural language processing to enable analysis of unstructured data sources. This is impacting every aspect of the analytics profession from how data is mined (and by whom) to how it is delivered. This is not some futuristic vision: it's ha...
Feb. 12, 2016 05:45 AM EST Reads: 464
Silver Spring Networks, Inc. (NYSE: SSNI) extended its Internet of Things technology platform with performance enhancements to Gen5 – its fifth generation critical infrastructure networking platform. Already delivering nearly 23 million devices on five continents as one of the leading networking providers in the market, Silver Spring announced it is doubling the maximum speed of its Gen5 network to up to 2.4 Mbps, increasing computational performance by 10x, supporting simultaneous mesh communic...
Feb. 12, 2016 05:00 AM EST
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, will provide an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data profes...
Feb. 12, 2016 02:30 AM EST Reads: 241
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts...
Feb. 12, 2016 12:45 AM EST Reads: 416