|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:
The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential. The DevOps Summit at Cloud Expo – to be held June 3-5, 2015, at the Javits Center in New York City – will expand the DevOps community, enable a wide...
May. 22, 2015 03:00 PM EDT Reads: 1,451
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at @ThingsExpo, Robin Raymond, Chief Architect...
May. 22, 2015 03:00 PM EDT Reads: 3,920
Enterprises are fast realizing the importance of integrating SaaS/Cloud applications, API and on-premises data and processes, to unleash hidden value. This webinar explores how managers can use a Microservice-centric approach to aggressively tackle the unexpected new integration challenges posed by proliferation of cloud, mobile, social and big data projects. Industry analyst and SOA expert Jason Bloomberg will strip away the hype from microservices, and clearly identify their advantages and d...
May. 22, 2015 02:30 PM EDT Reads: 800
With worldwide spending on cloud services and infrastructure growing by 23% in 2015 to $118B, it is clear that cloud services are here to stay. Yet, the rate of cloud adoption varies by companies and markets around the world. With thousands of outages and hijacks across the Internet every day, one reason for hesitation is the faith in quality Internet performance. In his session at 16th Cloud Expo, Michael Kane, Senior Manager at Dyn, will explore how Internet performance affects your end-user...
May. 22, 2015 02:15 PM EDT Reads: 1,174
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
May. 22, 2015 02:00 PM EDT Reads: 4,508
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all of your user needs: document sharing and collaboration, mobile access, e-mail, even industry-specific applications. In his session at 16th Cloud Expo, Shawn Mills, President and a founder of Green House Data, will discus...
May. 22, 2015 02:00 PM EDT Reads: 1,297
Cloud Expo, Inc. has announced today that Andi Mann returns to DevOps Summit 2015 as Conference Chair. The 4th International DevOps Summit will take place on June 9-11, 2015, at the Javits Center in New York City. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great team at ...
May. 22, 2015 02:00 PM EDT Reads: 1,209
Organizations today are confounded by an avalanche of data that needs to be processed and managed on a daily basis. Through relevant use cases and a thought-provoking dialogue on an organization’s ‘Data to Decisions’ journey, Andrew Clyne, Chief Data Officer at CenturyLink Cognilytics, will reveal in his session at Big Data Expo how your organization can monetize data as a strategic asset. State-of-the-art Big Data and Advanced Analytics capabilities provided as a managed service can enable da...
May. 22, 2015 02:00 PM EDT Reads: 1,450
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner is Product Manager of the Omega DevCloud with KORE Telematics Inc., will discuss the evolving requirements for developers as IoT matures and co...
May. 22, 2015 01:00 PM EDT Reads: 1,480
Move from reactive to proactive cloud management in a heterogeneous cloud infrastructure. In his session at 16th Cloud Expo, Manoj Khabe, Innovative Solution-Focused Transformation Leader at Vicom Computer Services, Inc., will show how to replace a help desk-centric approach with an ITIL-based service model and service-centric CMDB that’s tightly integrated with an event and incident management platform. Learn how to expand the scope of operations management to service management. He will al...
May. 22, 2015 01:00 PM EDT Reads: 1,100
There is no question that the cloud is where businesses want to host data. Until recently hypervisor virtualization was the most widely used method in cloud computing. Recently virtual containers have been gaining in popularity, and for good reason. In the debate between virtual machines and containers, the latter have been seen as the new kid on the block – and like other emerging technology have had some initial shortcomings. However, the container space has evolved drastically since coming on...
May. 22, 2015 12:30 PM EDT Reads: 824
Mobile commerce traffic is surpassing desktop, yet less than 20% of sales in the U.S. are mobile commerce sales. In his session at 15th Cloud Expo, Dan Franklin, Segment Manager, Commerce, at Verizon Digital Media Services, defined mobile devices and discussed how next generation means simplification. It means taking your digital content and turning it into instantly gratifying experiences.
May. 22, 2015 12:30 PM EDT Reads: 3,341
Container frameworks, such as Docker, provide a variety of benefits, including density of deployment across infrastructure, convenience for application developers to push updates with low operational hand-holding, and a fairly well-defined deployment workflow that can be orchestrated. Container frameworks also enable a DevOps approach to application development by cleanly separating concerns between operations and development teams. But running multi-container, multi-server apps with containers ...
May. 22, 2015 12:00 PM EDT Reads: 1,632
Software Development Solution category in The 2015 American Business Awards, and will ultimately be a Gold, Silver, or Bronze Stevie® Award winner in the program. More than 3,300 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration. "We are honored to be recognized as a leader in the software development industry by the Stevie Awards judges," said Steve Brodie, CEO of Electric Cloud. "We introduced ElectricFlow and our Deploy app...
May. 22, 2015 12:00 PM EDT Reads: 1,492
What do a firewall and a fortress have in common? They are no longer strong enough to protect the valuables housed inside. Like the walls of an old fortress, the cracks in the firewall are allowing the bad guys to slip in - unannounced and unnoticed. By the time these thieves get in, the damage is already done and the network is already compromised. Intellectual property is easily slipped out the back door leaving no trace of forced entry. If we want to reign in on these cybercriminals, it's hig...
May. 22, 2015 12:00 PM EDT Reads: 3,934