2014

Parkmobile and Liberty PlugIns Debut Pay by Phone Electric Vehicle Charging Mobile phone billing approach lowers costs of adding EV chargers to lots

PITTSBURGH, May 25, 2011 /PRNewswire/ -- Parkmobile, a leader in the rapidly growing market for pay by phone parking services, and Liberty PlugIns (LPI) have teamed to permit EV charging revenues to be collected by mobile phones.  Drivers use their cell phones and native mobile apps for iPhone, BlackBerry and Android to pay for a charging session and the revenues are deposited directly into the parking lot owners and operators existing merchant banking accounts.

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LPI's Synchronous Codes algorithm is installed on Parkmobile's system server and creates unique authorization codes that are transmitted to drivers via their mobile app or text message. This approach enables parking lot owners and operators to create a revenue stream from both parking and EV charging without having to install additional billing hardware or deal with proprietary billing systems.

"Pay by phone billing and Synchronous Codes were made for each other," said Forest Williams, Vice President, Sales and New Business Development, Liberty PlugIns Inc. "This is the wave of the future. Cell phones are already used to pay for everyday purchases in most of Europe and Asia. Tech savvy EV drivers will appreciate the convenience."

"This service comes at just the right time," said Albert Bogaard, President and CEO of Parkmobile USA, Inc. "Cash strapped cities and publicly funded institutions like colleges, hospitals, and airports have the opportunity to develop a completely new revenue source and simultaneously make a huge contribution towards the twin goals of carbon emission reduction and the development of EV charging infrastructure."

About Parkmobile USA, Inc. Parkmobile is a leading global provider of seamlessly integrated end-to-end solutions for Pay by Phone parking. Its offerings include cashless mobile payments via cell phone or mobile apps for on and off-street parking, digital parking permits and real-time enforcement.  Their services are used in 100 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 $18 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 visit  www.parkmobile.com.

About Liberty PlugIns Inc. Liberty PlugIns specializes in non network secure access solutions for a variety of applications including electric vehicle service equipment, professional parking, secure storage and shipping. LPI's Synchronous Code Generation technology enables secure access to valuable assets without the need for creating or maintaining expensive networks. For more information, visit the Liberty PlugIns website at www.libertyplugins.com.

SOURCE Parkmobile USA, Inc.



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