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Park Assist, MEXIA Interactive Announce Agreement to Focus on Airports, Shopping Centers

NEW YORK, NEW YORK – May 20, 2016 – Park Assist and Mexia Interactive announced today that they have entered into a cooperation agreement to support one another’s growth in both the airport and shopping center markets worldwide.

“Park Assist is at the forefront of Parking Guidance technology; however, we have always viewed ourselves as a business intelligence company,” stated Gary Neff, Park Assist’s CEO. “Our camera based smart-sensor system has the core business intelligence to: deliver new revenue opportunities, create operational efficiencies to streamline costs and offer levels of monitoring and security.  When we evaluated MEXIA Interactive’s Omni Channel HUB for airports and shopping malls, it became obvious that our two organizations could work together to jointly grow our efforts in these two key vertical markets.”

“MEXIA’s SMRT Sensor has been designed to provide insights to both operational and commercial managers of airports and shopping centers,” stated Glenn Tinley, MEXIA Interactive’s CEO. “When we met the team from Park Assist and began to compare notes on our mutual pursuit of airports and shopping centers around the world, working to support one another was a natural extension of our discussions.  In fact, both organizations are at advanced stages with many of the same potential clients.

While this agreement is focused upon the execution side of growing both or our respective businesses, our product teams have begun to investigate the possibility of creating an integrated business intelligence offering that combines the power of both organizations capabilities to offer our customers a unified business intelligence platform covering the shopper and traveler experience from the parking experience throughout the entire facility.”

ABOUT MEXIA
Mexia Interactive designs, engineers and manufactures the world's leading IOT/Omni Channel Hub for airports and shopping malls. SMRT Sensor has been developed to provide insights for both Operations and Commercial managers. Mexia provides the industry's most complete Omni-Channel solution allowing our clients to Understand, Engage & Connect with their customers throughout their journey in our clients space, whatever & wherever that space maybe. We monitor more than 164 million mobile devices worldwide; we have over 135 billion anonymous data points with a 2.5 metre degree of accuracy; over 7 million facial scans will be run through our airport security data base in 2016; we will connect over 23 million airport passengers to hi-speed WiFi in 2016; & our Eddystone beacons allow for proximity based personalized offers to over 400 million consumers. Media is the leading Eddystone platform provider. Website: mexia.ca http://go.parkassist.com/e/81802/2016-11-21/3v26nm/297418380

ABOUT PARK ASSIST
Park Assist® is the parking industry leading camera focused innovator with the most camera based parking guidance installations in the world. Our 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 has offices in New York, San Francisco, Sydney, Amsterdam, London, Dubai, Santiago and Panama City. Park Assist is part of the TKH Group (Euronext: TWEKA), a $1.6 billion publicly traded company headquartered in the Netherlands. For more information, visit www.parkassist.com.

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