Frost & Sullivan Applauds Parkmobile for Being One of the Largest Providers of Cashless Parking Systems in North America

Frost & Sullivan Applauds Parkmobile forFrost & Sullivan Applauds Parkmobile for Being One of the Largest Providers of Cashless Parking Systems in North America PR Newswire MOUNTAIN VIEW, California, Feb. 11, 2014 - Parkmobile's success stems not only from the depth of its services, but also its collaborations with other stakeholders Based on its recent analysis of the mobile payment solutions market, Frost & Sullivan recognizes Parkmobile USA with the 2014 North American Frost & Sullivan Award for Company of the Year. In 2008, the Europe-based Parkmobile Group partnered with BCD Holdings and Fontinalis Partners to create a new North American subsidiary, Parkmobile USA. In just four years, the company replicated its success in Europe by establishing footprints in 35 American states, Australia, New Zealand, and Canada. Parkmobile is a leader in innovative and comprehensive mobile payment solutions in the parking industry. Parkmobile's leadership in mobile payments for parking is evidenced by over 500 successful implementations throughout the U.S., Canada, Australia and New Zealand. In addition to its mobile payment solution, Parkmobile also offers a permit management system, a parking reservation system, a centralized parking management database and an extensive reporting platform. "Parkmobile's first-of-a-kind mobile payment system allows motorists to pay for parking through an application on their phone.