LocoMobi World Inc. Reveals New Revolutionary License Plate Recognition System at Alter, Toronto

August 22nd, 2019

Mississauga, Ont. – LocoMobi World Inc. is proud to introduce their License Plate Recognition (LPR) system and CondoPark parking management software in Alter – a condominium designed by architects Alliance and built by award-winning condominium developer Tridel. Alter is an ultra-modern 33-storey building in the hub of the sought-after Garden District in Toronto. Integrated into Alter’s 24/7 Concierge and Security system, the License Plate Recognition equipment and CondoPark software read license plates upon vehicle entry and exit of the parking garage in seconds. It grants automated access for residents and registered guests without the use of permits, fobs or key cards. Tenants have the ability to login remotely to invite guests and secure their parking, providing effortless access. 

“Our advanced, encrypted cloud-based system allows Tridel to control and monitor parking in real-time from one central location. This system saves significant costs, reduces exposure to risk, improves security and reduces waste,” says LocoMobi World President, Grant Furlane.

Tridel has awarded LocoMobi World with the rollout of this system and additional advanced parking technology in several more of their iconic real estate developments.

About LocoMobi World Inc.

LocoMobi World Inc. is a cloud-based Smart City technology company specializing in parking, tolling, transit, storage, asset tracking and threat management solutions. LocoMobi World produces and distributes pioneering technology to government, institutional and parking management clients throughout North America and has a growing platform of transportation infrastructure patents. LocoMobi provides a full line of products including Pay-On-Foot Kiosks, Pay-On-Exit Stations and Barrier Gates for Commercial and Residential Facilities.

LocoMobi’s leading cloud-based License Plate Recognition (LPR) system offers a refined approach for revenue control, virtual permitting, violation and citation management, toll road management, managed traffic lanes, gated lane environments, as well as residential multi-level condominium building parking control and access. 

For more information please visit our website at https://locomobiworld.com or call Grant Furlane at 416.898.3455