October 24th, 2019

Mississauga, Ont. – As the preferred supplier of high-tech parking and transportation systems for the award-winning builder, Tridel,  LocoMobi World Inc. is pleased to announce the implementation of their License Plate Recognition (LPR) system and CondoPark parking management software in premier Ontario property, Islington Terrace.  Designed by Kirkor Architects, Islington Terrace is the highest tower in the Islington skyline and part of a master-planned community. Tridel wanted a seamless parking experience for their tenants that would integrate into their concierge and security systems. LocoMobi World’s encrypted cloud-based system will provide automated entry to the parking garage for residents and registered guests by reading registered license plates, therefore eliminating the use of fobs or key cards.  Tenants will be able to login remotely to invite guests and secure their parking, providing a safe and hassle-free journey. Merchants will also be able to invite shoppers to ensure they have parking.

“This installation was particularly important and sought after as this first tower is part of a master-planned community that will require maximum monitoring. This system is able to optimize the use of every parking stall to its full capacity. By the use of real-time monitoring of tenants and visitors, the concierge can forecast and manage reservations for parking in all three towers,” says  LocoMobi World President, Grant Furlane.

LocoMobi World is developing a city-wide transportation network as part of the smart building and smart city vision. Soon, users will be linked throughout the city and have exclusive offers as they navigate through their network.

Tridel has awarded LocoMobi World with the rollout of this system and other state-of-the-art systems 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.