September 4th, 2019

Mississauga, Ont. – LocoMobi World Inc. is pleased to announce the introduction of their License Plate Recognition (LPR) system, CondoPark parking management software and its newly developed Spot Informant real-time parking space monitoring application in Tridel’s Ten York condominium building located in the heart of downtown Toronto. This equipment is part of Tridel Connect, an innovative range of integrated smart home features designed to make condo living convenient and hassle-free. The License Plate Recognition equipment and CondoPark software provides automated entry to the parking garage for residents and registered guests without the use of fobs or key cards. Spot Informant tracks each vehicle as it enters the facility and tracks the plate to its parking spot to ensure it is in a valid location. If a tenant parks in a visitor’s spot, they are sent a text or email to park in the proper tenant area. When visitors enter with a reservation, the vehicle plate is read and clocked in real-time to ensure it doesn’t exceed the allotted time. Each parking stall contains a reservation pod that communicates via wireless connection to the CondoPark system and the Spot Informant App, creating a fully integrated approach to parking.

 “This prime Tridel location is close to numerous special events where parking is at a premium. This parking installation required real-time monitoring of tenants and visitors to ensure that there was 100% maximization of parking stalls and the ability to forecast reservations,” says  LocoMobi World President, Grant Furlane.

Tridel has awarded LocoMobi World with the rollout of this system 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.