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Virtual Parking Meter: 

Virtual Parking Meter Engineering Solutions: Justin Burke Vanessa Humphreys Stephen Mintun Jason Pratt

Virtual Parking Meter Innovative parking technologies Enhancing local communities Expanding revenues: 

Virtual Parking Meter Innovative parking technologies Enhancing local communities Expanding revenues RFID Chip Smart Phone APP : Embedded in vehicle -Fast Reader located in parking areas -Seamless Connects with server - Paperless - Connected Website Payments Time Availability Reserve

Virtual Parking Meter Innovative parking technologies Enhancing local communities Expanding revenues : 

Virtual Parking Meter Innovative parking technologies Enhancing local communities Expanding revenues

Overview: 

Overview Problem/Opportunity Technology and Products Customers Markets Competitors Operations Alliances Management Team-Directors and Advisers Financials

Problem and Opportunity: 

Problem and Opportunity Problem: Out-dated Parking Meters Required coin currency is not always available. Opportunity: Going Virtual Simple Flexible Easy to use Online Payment System

Technology and Products: 

Technology and Products Technology: RFID Chips Ambient Intelligence Web 3.0 Implementations Products Parking Hand Help PDA Smart Phone Payment Technology

Customers: 

Customers Commuters City Governments Colleges, Stadiums, Etc.

Markets: 

Markets Cities Cities already looking to update meters Most products currently available offer a new, updated parking meter Perks No need to buy replacement meters Costs comes in technology and education

Competitors: 

Competitors Intelligent parking.com Smart technology in parking garages A lot of implementation for little benefit. Parktel & AmpCo System Updated versions of existing meters Physical meter is still required

Operations: 

Operations Goal Customer Satisfaction Mission Create a relationship with our customer that is easy, straightforward, and reliable. Start Up Two programmers Network Administrator

Alliances: 

Alliances Cities and Municipalities All parking lot owners Software Companies Customer Base

Management, Directors, Advisers: 

Management, Directors, Advisers Core team Adviser Programmers Customer/Software support reps.

Milestones: 

Milestones One Year Plan: Creating and testing software Finalizing product design Creating and testing sensor technology Preparing Marketing Campaign

Milestones (Cont.): 

Milestones (Cont.) Five Year Plan: Smart phone software Launch of marketing campaign Sales and distribution Data collection Feedback

Finances: 

Finances Revenue and Income Statement Current market Usage Predictions

Finances: 

Finances Usage of Funds

Summary: 

Summary Low Meter Usage due to Outdated Meters 13-14% Virtual Parking Meter with Online Payment Ease of use via smart phone technology Start up $400,000 3 year return