Park Assist has been awarded the Parking Guidance System contract for University of Monterrey

NEW YORK, NEW YORK – May 7, 2019 – Park Assist has been awarded the Parking Guidance System (PGS) contract for the new La Estoa construction at the University of Monterrey (Universidad de Monterrey). Referred to as UDEM, the private Roman Catholic institution educates over 12,000 students, including high school students, undergraduates, and postgraduates. Regarded as one of the premier higher education institutions in Mexico, it prides itself on being at the forefront of innovation and offering its students the best resources available.

The new state-of-the-art La Estoa building will house the new parking garage along with restaurants, banks, a concert hall, shops, executive training rooms, and other facilities that will enhance the campus and wider community. Given the sheer number of students and faculty, parking has been a challenge on campus. The new garage will accommodate the parking needs of students and faculty and offers drivers effortless guidance to open spaces using Park Assist’s M4 Parking Guidance System. The patented, camera-based smart-sensor M4 system will help the university alleviate the difficulty of parking on campus and the issue of high traffic flow. The client chose Park Assist for its proven camera-based solution in Parking Guidance.

Park Assist’s solution is to provide color-coded smart-sensors that clearly guide drivers to open spaces, allowing for reduced search and park times and decreased traffic congestion. In addition, UDEM will offer visitors Park Assist’s Find Your Car feature where visitors can locate their vehicle upon reentry to the garage by typing all or part of their license plate numbers. The university was also concerned with maintaining high levels of student safety on campus and elected to include the Park Assist’s Surveillance module as part of its M4 system. Surveillance will offer live-streaming video of individual spaces in the garage, enhancing security and providing peace of mind to parkers.

The new parking garage site inauguration is slated for May 6, 2019. Park Assist worked with Mexican partner Autosistemas who is managing the project.

“Park Assist is honored to work with Autosistemas and the prestigious University of Monterrey in extending the University’s commitment to innovation with our advanced approach to elevating the parking experience,” said Joe Ruggero, Park Assist’s Global Executive Vice President.

About Park Assist

Park Assist® is the parking industry’s leading camera-focused innovator with the most camera-based parking guidance installations in the world. Our patented technology helps customers effortlessly find parking spaces in real-time as well as find their cars when they return. Simultaneously, we provide parking operators with tools to improve customer satisfaction, create new revenue opportunities, realize greater operational control, capture parker analytics and expand CCTV capabilities. Park Assist is part of the TKH Group (Euronext: TWEKA), a $1.8 billion publicly traded company headquartered in the Netherlands. For more information, visit www.parkassist.com.

Contact:
Ricky Grasso
Marketing Manager
Ricky.Grasso@parkassist.com