LocoMobi Expands its Reach in the North American Market with New Offices in Boston, Los Angeles, New York, Orlando and Chicago

June 26, 2015 – Toronto, Canada

LocoMobi, a provider of Parking, Transit and Tolling technologies, is pleased to announce further North American expansion plans. With its recent acquisition of Ultimate System Solutions (USS) and expansion of its Boston office as LocoMobi’s new regional location, the company continues to make strides as a market leader.

LocoMobi is wasting no time in sprouting new locations that will enable it to have a bigger footprint in the transportation market. In addition to the Boston expansion, LocoMobi is opening a Los Angeles office and has committed service outlets in New York, Orlando and Chicago, with more to come.

LocoMobi continues to take steps to establish a strong presence in the North American market with further investments to appoint dealers in addition to its regional operations. As the company continues to rapidly grow, implementation plans are underway to unroll full scaled cloud-based transportation systems in most major US cities.

Matthew Lazowski, LocoMobi’s Executive Vice President, says: “I am thrilled to be part of a budding enterprise with a forthcoming global vision of growth, innovation and progress in the transportation ecosystem. These expansion plans illustrates our commitment to our clients and our vision.”

If you would like more information about this topic, please contact Matthew Lazowski at  1-888-382-9149 or email at matt@locomobi.com.

About LocoMobi

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 licence 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. Locomobi offer the largest suite of products including LPR, mobile, pay on foot stations, ticket dispensers, on-street multi-space meters and cloud software.

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.

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.

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