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Parkeon moves UK headquarters

Company relocates to combine operations with recently acquired Wayfarer Group.
Parkeon, the world leader in parking, transport ticketing and payment systems, is moving its UK head office to the Poole headquarters of the Wayfarer Group, a major player in bus fare collection systems, which it acquired in October 2007.

"As a multi-national company, Parkeons corporate, manufacturing, R&D and data processing centres are spread around the globe, whilst all Wayfarers facilities are based at their UK location in Poole", explains Bob Barnes, Parkeons UK Geomarket Director.

"A major objective of the acquisition was for the two companies to work closely together to develop revenue collection and management systems for multi-modal transportation systems. It makes sense, therefore, for Parkeon to move in with Wayfarer, rather than the other way round, and well only be moving 8 miles."

From 17th December 2007 Parkeon Limited will be at: 10 Willis Way, Fleets Industrial Estate, Poole, Dorset BH15 3SS. Its new phone and fax numbers are Tel: 01202 339494 Fax: 01202 667293. The service department phone numbers are unchanged.

About Parkeon

Founded 30 years ago as a division of Schlumberger, Parkeon today is a world leader in parking and transport ticketing and payment systems. Its equipment and systems are used to manage mobility in over 3,000 cities across 40 countries. In the parking sector, Parkeon has an installed base of more than 150,000 on-street terminals and 800 off-street management systems worldwide.

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