February 12th, 2020

Mississauga, Ont. – LocoMobi World, a cloud-based Smart City technology company specializing in parking, announces the installation of their License Plate Recognition (LPR) and Spot Informant system at Uovo Residences in Davisville Village. Owned by partners, Savvas Koundouros and The Sher Corporation,  Uovo is a refined building for the discerning buyer. Designed by Raw Design on the historic Sammy’s Service Centre site, Uovo is 11 stories and has just 67 condominium suites, all with first-class finishes and amenities. As part of Uovo’s integrated security system, the License Plate Recognition equipment reads license plates upon vehicle entry and exit of the parking garage in seconds. It grants automated gate access for residents and registered guests without the use of permits, fobs or key cards. Tenants have the ability to log in remotely to invite guests and secure their parking, providing effortless access. Included in this system is Spot Informant, a cloud-based system that offers real-time stall usage reports with abuse alarms. The Concierge will understand in real-time when and how many parking stalls are available, allowing them to intelligently control access. The system also provides critical insight into parking trends such as peak parking periods, length of stay, and more.

“A sophisticated building requires a sophisticated and efficient parking operation. Both tenants and management will benefit from the LPR and Spot Informant system. It will provide a seamless experience from ease of entry to easily locating vacant parking stalls,” says Grant Furlane, LocoMobi CEO. “Our Smart City technology is connecting vehicles anywhere they travel.”

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.