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Parking meters bring in big bucks for Spokane

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May 19, 2015 – Spokane, Washington

Spokane’s new smart meters are bringing in big bucks.

It’s been a tumultuous year for parking in Spokane. Residents, students and businesses were outraged when 500 new meters were installed on the lower South Hill.

“Well it’s a little bit of a surprise when you’re expecting not to have a parking meter and it shows up over night and it’s there,” said Spokane City Councilman Jon Snyder.

However, there’s also there’s also been plenty to celebrate.

“We’re seeing credit card usage at the meters that accept them at about 43 percent, so nearly half of the people that are using meters that have credit cards as an option are using that as their way to pay,” said Brian Coddington with the City of Spokane.

In addition to the credit card option, a pay by phone system called Quick Pay has been installed in most meters in the downtown core. The difference they are making is sizeable.

“So far, we’re seeing about nine-thousand dollars a week in revenue increases, about a hundred-thousand dollars year to date that we’re up,” said Coddington. “So it’s significant money that we can re-invest in the downtown area to improve sidewalks, to improve infrastructure, to improve streetscapes, so kinds of things that draw keep downtown and keep the downtown nice.”

The Davenport Grand Hotel will bring in another 45 meters to the system, which is expected to bring in another $45,000 for the second half of 2015.

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Read full post at: http://www.kxly.com/news/spokane-news/parking-meters-bring-in-big-bucks-for-spokane/33036980

LocoMobi Makes Two of the Top Ten Most Read Companies in NPA News

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December 31, 2014 – Toronto, Canada

As the year comes to a close the National Parking Association (NPA) has provided their readers a brief look at the most accessed articles from the past year and LocoMobi makes this list TWICE!

“We are pleased to be a technology leader and contribute to the National Parking Association” says LocoMobi President and CoFounder Grant Furlane. “Stay tuned for more exciting news in 2015.”

To view these articles and the full list see the following link:
http://www.multibriefs.com/briefs/npapark/npapark123114.php

Samuels & Associates chooses LocoMobi to launch the first “Smart City” parking and transportation system for The Fenway’s Van Ness building

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December 18, 2014 – Boston, MA, USA

LocoMobi Inc. announced today that Samuels & Associates, a leading developer of mixed-use urban properties, has chosen the company’s “Smart City” parking system for implementation in the Van Ness development.  Opening in 2015, the Van Ness building includes office, retail, shopping and dining that will draw additional visitors, shoppers and residents to The Fenway, an already vibrant neighborhood.  LocoMobi’s parking system will enhance the experience for individuals coming to this increasingly popular neighborhood.

“LocoMobi’s project will assure that parking and travel experience is efficient and pleasant,” said Abe Menzin, Senior Vice President at Samuels & Associates. “Their innovative approach is also consistent with the growing tech community in The Fenway.”

LocoMobi will be installing an innovative comprehensive parking and transportation system, making it easier to access and park in this new facility. Key features of the installation include:

  • Mojo and Mojo Xtreme pay-stations that are secure, reliable, and user friendly, supporting NFC and mobile payments in addition to cash, credit and debit
  • Cloud-based license plate recognition (LPR) with integrated revenue engine for virtual permitting, complete vehicle tracking, simplified payment and fast exits
  • LocoMobi QuickPay mobile access and payment that enable patrons to park and exit using only their mobile phones
  • Online and mobile reservations system with flexible and dynamic rates and easy redemption
  • In-garage guidance system including parking sensors that track each parking space, digital signs to display the available space counts per level and row, lights to guide the parker directly to the nearest open space, and “inquiry stations” to help forgetful parkers find their vehicle afterward
  • Valet-parking system that give easy check-in and check-out and complete tracking of vehicles and even let the user call for their vehicle in advance of pick-up

“There are so many features  that we have designed into the system that will make better interaction with consumers  connecting them to services like Valet , Merchants  and Sports events  for parking,” says LocoMobi CEO and Co-Founder Grant Furlane. “What really makes this work is Samuels ability to think out of the box and lead the way to the Smart City initiative.”

About Samuels & Associates

Samuels & Associates, headquartered in Boston, MA, has been building communities for more than two decades. Pioneers in development, leasing and merchandising, and property management, the Samuels & Associates team specializes in creating mixed-use development projects with active pedestrian spaces, flexible and inspiring commercial spaces, and dynamic combinations of retailers and restaurateurs. Samuels & Associates is guided by the belief that people should live, work, shop and play in dynamic communities that inspire and enrich all aspects of their lives.

About LocoMobi, Inc.

LocoMobi, Inc. is reinventing parking and transportation technology in the era of cloud, mobile, low-cost hardware and Internet of Things. LocoMobi 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 LocoMobi 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. The revenue gains after deploying a LocoMobi system can significantly increase the value of the parking asset.  The company also designs and implements a complete suite of traditional parking systems including the conventional machine readable ticket systems and can combine them with license plate recognition as one single solution for places like airports.

LocoMobi’s Mobile payment application, LocoMobi Quickpay™, also complements any parking facility as an alternative to the payment station utilizing the same rate engine and cloud portal.

QuickPay can be used standalone, integrated with legacy hardware at low cost, or as part of a fully integrated LocoMobi system to deliver new value for drivers as well as parking owners and operators.

For drivers, the combination of LocoMobi’s QuickPay mobile technology and gate kit with LPR and product set leads to an ideal parking experience: a driver registers one time with the 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 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.

LocoMobi has also recently introduced a full system for in-garage guidance, significantly helping drivers find open spaces and minimizing time spent driving around looking for spaces. The system even helps users locate their car upon return to the facility.

LocoMobi’s 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. LocoMobi’s innovations have recently garnered worldwide attention when the Company was a winner of the award for 2014 TiE50 best new technology in the world, where over 2800 companies from 27 countries were considered. The awards were presented at the Annual TiE50 conference held in the Silicon Valley.

LocoMobi 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.

For more information please visit our website at www.locomobi.com.