Emerging Technology Panel Autonomous Ticketing Kiosks March 30, 2010 Ian Newberg

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1 Emerging Technology Panel Autonomous Ticketing Kiosks March 30, 2010 Ian Newberg President Parkeon, Inc. Moorestown, New Jersey

2 Parkeon At a Glance Sales of $250M and profit of $30M 1,100 employees in Europe, U.S., and Australia In the U.S. we have deployed approximately 15,000 kiosks in both parking and transit environments

3 Parkeon Business Lines On-Street Parking Multi-space equipment & service solutions Worldwide leader with 60% market share Higher in U.S. and Canada Installed base in excess of 150,000 P&Ds worldwide, managing over 3 million spaces in 3,000 cities across 40 countries Off-Street Parking Car park payment equipment & services 800 installations in Europe Expansion of business driven by new product range and synergies with the On-Street business Automatic Fare Collection Ticketing solutions for metro, bus & rail France, Belgium, U.K., Australian, Canadian and U.S. markets 5,000 Ticket Vending Machines (TVM) installed base in Europe Bus ticketing - 75,000 units worldwide Canada (Toronto) Metrolinx TVM Contract for $32M (executed March 22 nd )

4 Parkeon Revenue Structure Sales by Business Parking Transit 34% 66%

5 Autonomous Kiosks Technological advances in on- street parking system capabilities (solar autonomy, robust design, wireless monitoring and real-time transaction capability - PCI Level 1 certified*, combined with low price and ability to add the latest open payment systems are driving the implementation of this emerging ticketing solution in the transit marketplace (especially with BRT systems) (*) PCI Certification is required by Visa and Mastercard to conduct credit card transactions.

6 Typical Commuter Rail Station Historically parking meters and transit converged at vehicle lots at transit stations. Parkeon Stelio Machine - Pay-by-Space mode

7 Parking System Advances Overview Parking meters have evolved as the application of complex technologies were applied, closing the gap between parking and transit technologies Wireless, real-time systems Solar Autonomy Multiple payment mechanisms Multiple ticket types Sophisticated back-end systems

8 Parking System Advances Front-end (Example) Car selection & Card Payment Plate entering & Coin Payment

9 Parking System Advances Back-end (System Monitoring) Maintenance Alerts Failure Alerts

10 Parking System Advances Back-end (Financial Analysis) Lower revenue than average Average Revenue Higher revenue than average

11 Parking and Transit Convergence These technological advances in unattended on-street parking systems along with PCI compliance, cost savings and pricing provide a natural platform for application to the transit market Dwell-time Maintenance costs Wear-tear on farebox Full payment choices Device anywhere

12 Transit Ticketing Kiosk 2008 First application of meter technology into on-street transit ticketing environment Seattle Streetcar Wayside Ticketing Parkeon Strada Machine Launch date : February 3, 2008

13 Bus Rapid Transit 2009 From Seattle Streetcar project Progressed to BRT Systems

14 Community Transit Showcased at the 2009 APTA Bus Conference Wireless Communication Coins Bills Credit Card

15 BRT Systems (Trial)

16 Multiple Open Payment Options Acceptance of all payment means is key to continued growth in the market- Today, payment mechanisms of coin, bills, credit cards and contact smart cards Emergence of banking and other contactless smartcards

17 Contact Smart Cards ISO-7816 New York City The largest on-street smart card operation in North America Over 2 million cards sold with Sales of 25,000/month

18 New York City Parking Meter Instruction Panel Smart Card Instructions

19 Contactless Smart Cards Solar power Contactless Reader Wireless communication Credit/Cash payment

20 Contacts Ian Newberg Parkeon, Inc. 40 Twosome Drive, Suite 7 Moorestown, N.J Office: Fax: Cell: inewberg@parkeon.com