New Waterloo Development to Deploy Locomobi’s WorldStream Ai for Parking and Enforcement
For Immediate Release
December 2024
Toronto, Ont. – LocoMobi World are pleased to announce another Kitchener - Waterloo location operating WorldStream. 34 Hickory St, Waterloo, where modern design and everyday convenience come together. This brand-new building offers commercial space on the main level, secure access, and bike-friendly storage. Located in the heart of Waterloo, its steps from Wilfrid Laurier University and close to the University of Waterloo.
CondoPark is managed through LocoMobi World’s WorldStreamAi Cloud Portal, powered by Computer Vision LPR Express, which automates parking entry for tenants and registered guests by reading license plates. Tenants can easily log in remotely to invite guests, securing or reserving their parking spaces for a seamless experience. With an industry-leading license plate recognition (LPR) accuracy rate of 99.9%, the system effectively prevents unauthorized access without the need for fobs, keys, or cards.
Property managers benefit from real-time monitoring of activities, equipment, and solutions from a centralized location, along with access to detailed analytical reports. The Passage Pass feature enables mobile payments for parking and manages tenant passes through license plate tracking via the application, making enforcement and ticketing straightforward and accurate.
“Prica the Developer has been a long standing customer from our very start,” says CEO and Founder of Locomobi, Grant Furlane. “We have several developments in the area working very well.”
When Developers, Cities, Highways need to take limited space and make it as efficient and secure as possible, Locomobi World Inc. leads the way.
LocoMobi World Inc. continues to integrate tenants and visitors into its comprehensive transportation network. Soon, users will enjoy exclusive offers while navigating the city through our system.
About LocoMobi World Inc.
LocoMobi World Inc. is a cloud-based, AI-driven Smart City technology company specializing in parking, tolling, transit, storage, asset tracking, fleet, and threat management solutions. The WorldStreamAi cloud portal is the first fully distributed cloud infrastructure management system. LocoMobi World provides pioneering technology to government, institutional, and parking management clients across North America and holds a growing portfolio of transportation infrastructure patents. The company has revolutionized transportation infrastructure, including parking, curbside, drive-thru, and security.
LocoMobi World’s leading cloud-based License Plate Recognition (LPR) system offers a refined approach to revenue control, virtual permitting, violation and citation management, toll road management, managed traffic lanes, and gated lane environments. It also provides parking control and access for residential multi-level condominium buildings. Upcoming innovations include “MobiVision,” the first wearable computer vision glasses for enforcement and security.
LocoMobi World also offers a full line of industry-leading payment kiosks, smart barrier gates, solar-powered parking meters, and other innovative solutions to ensure total revenue security. The latest addition is the introduction of the first robot to the industry. Follow the advancements of “Mobi” on our website and social media.
Our Smart City technology connects vehicles wherever they travel. WorldSecure, LocoMobi World’s patent-pending data security controller, protects against cyber-attacks and data intrusions, marking the first of its kind.
For more information, Grant Furlane: grant@locomobiworld.com or please visit https://www.locomobiworld.com.
