The new parking pay & display terminals of Madrid will be from Parkeon

After the beginning of first deployment phase in November 2002, Parkeon has converted PRS (Parking Regulation Service) into a real success: a decrease of over 90,000 cars entering in the city every day together with an improvement of parking rotation (4 vehicles per day in the non-resident spaces and 1.2 vehicles per day for the residential ones). This is matching main on-street parking regulation objective from City of Madrid.

Stelio terminals strong reliability is key to establishing citizen’s acceptance to the service. In addition P&D terminal design Integrates well in the city where they are already a familiar sight. Parkeon’s continuous efforts in R&D (investments represent 8% of its total turnover) have helped to solve parking and traffic issues in Madrid by means of the centralized parking management ParkfolioO.

These terminals are exclusively powered by solar energy, integrating GSM/GPRS data centralisation, smart card technology with MMS chip for data encoding, and digital electronic lock for coins collection.

Javier Vallano, Parkeon’s Managing Director, Spain, declares: “the renewed confidence from the three Madrid parking operators is a great and promising reward”.
Stelio and Parkfolioare registred marks of Parkeon

About Parkeon (www.parkeon.com)

Parkeon was formerly Schlumberger e-City, the Parking and Ticketing Systems division of Schlumberger. The company was at the forefront of the development of Pay & Display terminals in France in the 1970s and has 30 years of proven innovation and proven expertise in the parking business.

Today Parkeon is a leader in parking systems and equipment, offering both on-street and off-street parking solutions. The company employs over 800 people worldwide and generated revenues of €122 million in 2003.

With an installed base in excess of 120,000 machines, its parking terminals are a familiar sight in over 3,000 cities across 40 countries and its Pay & Display systems control over 3 million parking spaces around the world. In Spain, Parkeon’s solutions including 9,000 P&D terminals are deployed in more 120 cities among which Madrid, Barcelone, Sarragosse, Valence and Seville.

Over the last 15 years, Parkeon has developed an installed base of 3,000 ticket vending machines for heavy and light rail, underground and multimodal transport operators in Europe, notably Belgium, Denmark, France, Sweden, Switzerland and the UK.

Thanks to world-class engineers and substantial investments over the last three years, Parkeon has built undeniable technological leadership in its field. Parkeon provides complete parking revenue collection solutions, equipment and services to municipalities and car park operators.