DDOT and Parkmobile USA, Inc. Announce Milestone in Successful Mobile Payment Program In February 2012 the program exceeded 1.5 million transactions, making it the fastest growing and largest program in the US

ATLANTA, March 6, 2012 /PRNewswire/ -- Parkmobile USA, Inc.,

Parkmobile, a leading provider of mobile payment solutions to municipalities and parking providers around the world, announced today that its mobile payment for parking program exceeded 1.5 million transactions in The District since the start in July 2011.

(Logo: http://photos.prnewswire.com/prnh/20110419/CL86065LOGO)

With the Parkmobile solution, DC residents and visitors can easily pay for parking using their cell phone.  Already more than 70% of parking transactions are conducted via Parkmobile mobile apps.  The DC program shows one of the highest volumes of mobile app payments in the US.     

"Our partnership with DDOT is very exciting.  Close to 250,000 members have signed up for the DC program, with an additional 1,000 new members joining each day," said Albert Bogaard, CEO of Parkmobile USA, Inc. " These numbers show how much DC residents and visitors appreciate the convenience and ease of the Parkmobile solution used in the DDOT program".  

"Thousands of motorists use the pay by phone system every day in our city and that's a testament to how successful the program has been in its first 8 months," said DDOT Director Terry Bellamy.  "For us it's a great step forward in our effort to make parking in the District of Columbia more convenient and cutting edge."

About Parkmobile

Parkmobile is a leading global provider of seamlessly integrated end-to-end solutions for mobile payments and parking.  Its offerings include mobile payments for on and off-street parking, digital parking permits and real-time enforcement.  Their services are used in 250 cities around the world by millions of registered users.  Parkmobile USA was founded in Atlanta, Georgia and its call center, engineering team and corporate headquarters are located in the U.S.  Parkmobile's investors include BCD Holdings and Fontinalis Partners.  With annual global revenues of $20.3 billion, BCD Holdings is an international market leader in the travel industry.  Fontinalis Partners invests in and partners with innovative technology companies that modernize and improve transportation.  Fontinalis is led by Bill Ford a lifelong environmentalist and the executive chairman of Ford Motor Company.  For more information please visit www.parkmobile.com.

About DDOT

The mission of the District Department of Transportation is to develop and maintain a cohesive sustainable transportation system that delivers safe, affordable, and convenient ways to move people and goods—while protecting and enhancing the natural, environmental and cultural resources of the District of Columbia.  For more information about the agency and its parking programs please visit ddot.dc.gov.

SOURCE Parkmobile USA, Inc.



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