|Parkeon Delivering the Benefits of ITSO|
|Tuesday 04 November 2008|
The West Midlands and South Wales are among the latest areas to benefit from advanced ITSO ticketing solutions developed by Parkeon.
A multi-million pound order has been placed with the company by Centro for Wayfarer ticket machines, and planning is also well advanced to roll out the advantages of ITSO to passengers using buses in Cardiff and beyond.
Parkeon’s range of Wayfarer ticket machines and card readers, coupled with data transfer systems and back office functionality, remain at the forefront of ITSO progress. The technology has proven its worth in millions of ITSO transactions and is also playing a key role in the implementation of the National Concessionary Travel Scheme in England and similar programmes in Scotland and Wales.
Among the latest Parkeon successes is the contract to supply next generation ticket machines and associated back office technologies to over 20 operators across the West Midlands.
Centro, the West Midlands Passenger Transport Authority, has specified Wayfarer equipment to deliver one of the most advanced integrated public transport networks in the UK. In South Wales, Parkeon is a key technology partner for SEWTA (South East Wales Transport Alliance) and SWWITCH (South West Wales Integrated Transport Consortium) in rolling out ITSO-ready equipment to over 200 buses.
One of Britain’s most successful ITSO projects is in the North West of England, where Blackpool Transport and NoWcard launched the world’s first network-wide ITSO scheme using Parkeon technology.
NoWcard has since been rolled out to nearly every bus in Lancashire & Cumbria – enabling millions of passenger transactions to be completed using chip-bearing smartcards.
Parkeon is also working on ITSO projects with operators in Cheshire, Nottinghamshire, Hampshire, Yorkshire and in Scotland.
Says Philip Ayles, Director of Marketing at Parkeon UK: “Whether it’s concessionary schemes across an entire nation, complex programmes involving regional transport operators or commercial smartcard projects, ITSO is the technological glue that binds the vision of an integrated transport network together…and Parkeon is playing a leading role in making it happen.”
Media enquiries to:
Philip Colley, Harvest
Notes to Editors:
Parkeon is a key player in global parking and transport management solutions. With a 35 year history in the sector, the company is at the forefront of innovation, and has a presence in 40 countries and 3,000 cities worldwide. The company’s headquarters is in France, while it has offices across Europe (Belgium, Germany, Italy, Spain, United Kingdom) and in the United States, employing over 1,100 people world wide.
Parkeon’s portfolio of products and systems is designed to ease congested streets and facilitate traffic flow. As a global leader in payment and ticketing solutions for parking and mass transit, Parkeon has played a significant role in the development of Pay & Display technology.
Formerly Schlumberger’s Parking and Ticketing division, Parkeon formed in November 2003. In June 2007, Barclays Private Equity (France) became the major shareholder in Parkeon and the company posted revenues of €155 million in 2007. Parkeon prides itself on its participatory management style – since December 2007, 30% of its employees have become shareholders in the business.
Parkeon’s Wayfarer automatic fare collection systems lead the way in integrated fare revenue and back office systems developed for the public transport industry, providing solutions that range from smart card technology and electronic ticketing equipment to CCTV security, GPS and mobile data networks. This expertise ensures that Parkeon holds 80% of the UK bus operator market, with 40% of its production destined for overseas markets. In all, in excess of 400,000 Wayfarer electronic ticketing machines and supporting equipment have been supplied worldwide - more than any other fare revenue product range in the world. Based in Poole, Dorset, Parkeon has Wayfarer equipment service centres in Croydon, Bristol, Manchester and Edinburgh, as well as in Elizabeth, New Jersey and Kingston, Jamaica.
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