Parkmobile USA, Inc. is the recipient of the 2014 Frost & Sullivan Best Practices Award

January 16, 2014

Parkmobile USA, the leading provider of mobile payment solutions to municipalities and parking providers around the world, is the proud recipient of the 2014 Frost & Sullivan Best Practices Award. The award was presented to the company at an awards presentation in New Orleans, LA on Tuesday evening for its exceptional work to improve parking efficiency.

This award is symbolic of the value to drivers of Parkmobile’s innovative technology. It improves the consumer experience by enabling motorists to skip finding parking pay stations and instead complete their parking payment via mobile phone. The app enables parking transactions to be completed in seconds, without the dreaded search for a pay station. Not only does this avoid the search for a pay station, it prevents the race to beat the parking clock; from their phone, customers can receive alerts before the expiration of their parking session and extend the session as needed.

“Parkmobile has drawn on its technological competence and market reach in the parking industry to launch a range of offerings suited to the evolving needs of urban populations,” stated Neelam Barua, Frost & Sullivan Industry Analyst for Automotive & Transportation. Frost & Sullivan's independent analysis of the Mobile Parking market clearly shows that Parkmobile is the gold standard for mobile parking payment solutions. Barua concludes, “Parkmobile’s strength in its implementation strategy lies not only in the length and breadth of services offered, but also in the rate at which it has collaborated with other stakeholders and expanded its geographical footprint in the U.S. in less than half a decade. The company unifies mobility in the U.S. and enhances integration of services with automotive OEMs.”

“Parkmobile is honored to receive the prestigious Frost & Sullivan Best Practices Award recognition of our technology solutions,” said Cherie Fuzzell, CEO of Parkmobile USA, Inc. Parkmobile’s award winning mobile payments application has transformed the parking experience for over 2 million members in the United States. We are proud to be considered an impactful player in the industry and look forward to continuing our leadership position in parking and mobile payment innovation.

For additional information about Parkmobile services, please visit: www.parkmobile.com

About Parkmobile

Parkmobile is the leading global provider of seamlessly integrated end-to-end solutions for mobile payments, parking guidance using business analytics and parking.  Its offerings include mobile payments for on and off-street parking, digital parking permits, real-time enforcement and a seamless transit experience.  Their services are used in more than 500 locations in the U.S. by millions of registered users.  Parkmobile USA was founded in Atlanta, Georgia and its call center, engineering team and corporate headquarters are located in the U.S.  Parkmobile’s investors include BCD Group and Fontinalis Partners.  With annual global revenues of $22.8 billion, including $8.5 billion partner sales, BCD Group is an international market leader in the corporate and online travel, and off-airport and mobile parking industry. Co-founded by Ford Motor Company executive chairman Bill Ford, Fontinalis Partners invests in technology companies improving next-generation mobility. For more information please visit www.parkmobile.com, facebook.com/ParkmobileUSA or on Twitter @Parkmobile.

About Frost & Sullivan

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