Parking BOXX Receives Funding for Expansion Into Parking Access Revenue Control Systems (PARCS) Markets

November 7, 2011 – Parking BOXX announced today that it has received funding to support its strategic expansion into Parking Access Revenue Control Systems (PARCS) markets across North America.

The investment will accelerate Parking BOXX's growth as a provider of enterprise-level parking systems, enabling the company to expand its product portfolio, grow its sales and service network, and enter new market verticals including airports, hospitals, hotels, municipalities, and large commercial facilities.

Parking BOXX's PARCS platform combines hardware, software, and cloud connectivity to give operators complete visibility and control over parking revenue, access management, and reporting — all from a single management interface.

About Parking BOXX. The Parking BOXX (BOXX) team has over 75 years of experience in providing PARCS solutions. BOXX brings visibility and control to a new level by offering a secure Machine to Machine Software-as-a-Service (M2M SaaS) solution. For more information, please visit https://parkingboxx.com.