Siemens and Streetline Bring Next Generation, Smart Parking Technology to Braunschweig, Germany

  Siemens and Streetline Bring Next Generation, Smart Parking Technology to
                            Braunschweig, Germany

Leading sensor technology and award-winning mobile app Parker to lessen
traffic congestion and provide motorists with guidance to available parking

PR Newswire

VIENNA, Oct. 23, 2012

VIENNA, Oct. 23, 2012 /PRNewswire/ --Siemens and Streetline, Inc. have
launched the first of its kind smart parking project in the City of
Braunschweig, Germany to provide parking relief to residents and local
businesses. The project is locally-led by BELLIS, a public-private
partnership from Siemens AG and the Braunschweiger Versorgungs AG & Co. KG (BS
| ENERGY). The advanced parking technology monitors parking space
availability, distributes real time parking information to Streetline's free
"Parker" smartphone app, and tracks parking patterns and habits to help City
officials better manage parking throughout the City. This is the first
advanced parking project implemented jointly by Siemens and Streetline in
Europe. The announcement was made from the Intelligent Transportation World
Congress being held this week in Vienna, Austria
http://2012.itsworldcongress.com/content.

The City of Braunschweig has approved installation of parking sensors and
networking equipment to monitor real time data in designated parking locations
throughout Kurst-Schumacher-Str, Nimes-Str and Tauben-Str. "Parker" by
Streetline provides drivers with the location and general availability of
parking spaces, shows the amount of parking time remaining, and allows users
to pay for parking via their mobile phone where available. The advanced
parking project will also provide a platform for DLR (German Aerospace Center)
to do ongoing research on parking infrastructure and services, as part of
their Transportation and Mobility portfolio.

"One major factor contributing to city traffic congestion is motorists
searching for parking," said Hauke Juergensen, CEO Intelligent Traffic
Systems, Siemens. "This modern technology from Streetline provides motorists
an easier, more efficient way to find an available parking spot and provides
the City of Braunschweig a cost-effective way to improve quality of life in
their town in a time when city budgets have never been tighter."

Siemens and Streetline announced a partnership earlier this year to offer
integrated parking solutions to municipalities around the globe. In addition
to the project in Braunschweig, Germany, Siemens and Streetline recently
launched a smart parking deployment in Reno, Nevada (U.S.)
http://www.youtube.com/watch?v=zPl88ZO13zY&feature=g-u-u

"We are delighted to announce our first project in Europe in partnership with
Siemens and BELLIS," said Zia Yusuf, president and CEO of Streetline. "The
City of Braunschweig is taking an important step with this project and its
focus on smart parking. By getting new data on parking occupancy the city
will be able to manage this important asset more effectively. Citizens and
visitors to the city will benefit from finding parking quickly reducing
congestion and time required to find a parking spot."

Streetline's parking solutions have been successfully implemented in a number
of other cities including Los Angeles, CA, Indianapolis, IN, and Washington,
DC.

For more information on the smart parking solution and to download the free
"Parker" app, please visit www.theparkerapp.com.

About Streetline, Inc.
Streetline's mission is to make smart cities a reality through the use of
sensor-enabled mobile and web applications. As the leading global provider of
smart parking solutions for cities, airports, universities, private garages,
and consumers, Streetline's pioneering technology connects citizens with
critical information to improve the way they live and work, while making
cities more efficient and lessening their environmental impact.

Streetline is a privately-held company headquartered in Foster City, Calif.
with smart parking deployments across the U.S. including California, Delaware,
Florida, Indiana, Maryland, Michigan, Nevada, New Jersey, New York, North
Carolina, Oregon, Virginia and Washington, DC. The company was named one of
Fast Company's 10 Most Innovative Companies in Transportation, as well as IBM
Global Entrepreneur of the Year. In October 2012, Streetline was named a
finalist for the prestigious 2012 World Technology Awards.

SOURCE Streetline, Inc.

Website: http://www.streetline.com
Website: http://www.theparkerapp.com
Contact: Shannon Wilsey for Streetline, Inc., +1-415-962-8200 ext. 212,
shannon@sparkpr.com
 
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