April 9th, 2020

Toronto, ON – LocoMobi World, a cloud-based Smart City technology company specializing in parking, has been awarded a new contract for their advanced License Plate Recognition (LPR) system at Tanu in partnership with leading Smart Building technology company, SmartOne. Developed by Edenshaw, Tanu is a contemporary mid-rise for the tech-savvy buyer in Port Credit, Mississauga, with occupancy slated for 2021. Designed by the IBI Group, Tanu is 15 stories and houses a mixture of condos, townhomes, and penthouses all wired with a plethora of smart home features. One of those features is LocoMobi World’s LPR system which is integrated into Tanu’s overall building security. The LPR 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.

“As an integral part of the smart home technology, the LPR system provides the highest level of parking safety and security for Tanu’s tenants. This “touchless” feature has become increasingly important amid the COVID-19 pandemic and will become a mainstay in the future,” 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.