North America’s Largest Privately Owned Home Developer Mattamy Chooses LocoMobi World as its Smart Parking Technology for 5North Development

Toronto, Ont. – LocoMobi World announces that it’s smart parking management system, CondoPark, will be the tenant and visitor parking management system at 5North. 5North is a new development located on Kaitting Trail near 6th line & Dundas St W, Oakville. 5North Condos is conveniently located near plenty of lifestyle amenities including dining, shopping, and entertainment options. Oakville’s Uptown Core is located nearby, and the surrounding area also boasts plenty of recreational centres and activities and Oakville Trafalgar Memorial Hospital is also located just down the street. Located in the highly desired Preserve community, these boutique condos are absolutely stunning and loaded with smart features built right into your home including parking.

CondoPark is controlled by LocoMobi World’s WorldStream Cloud Portal powered by LPR Express, which provides automated entry to the parking garage for tenants and registered guests by reading license plates. Tenants are able to login remotely to invite guests to secure or reserve their parking, providing a seamless experience. With the highest read rate in the industry at 99.9% accuracy, the LPR system eliminates trespassers through access key sharing – no fobs, keys, or cards to be passed around or cloned. Property managers can monitor activities, equipment, and solutions for their property in one central location in real-time with access to analytical reports.

“Oakville has grown up with Mattamy as the leading builder of communities, “ says Brian Storrie, LocoMobi World’s President.“ As land became more valuable the investment by Mattamy into mid and high rise developments was inevitable . With that is a technology-enhanced experience that provides tenants with peace of mind”

LocoMobi World Inc. continues to seamlessly connect tenants and visitors to the LocoMobi World Inc. transportation network. Soon, users will be linked throughout the province and have exclusive offers as they navigate through our network.”

About LocoMobi World Inc.

LocoMobi World Inc. is a cloud-based Smart City technology company specializing in parking, tolling, transit, storage, asset tracking, fleet and threat management solutions. Our WorldStream cloud portal is the first fully distributed cloud infrastructure management system. In addition, LocoMobi World provides pioneering technology to government, institutional and parking management clients throughout North America and has a growing platform of transportation infrastructure patents. LocoMobi World Inc. has reinvented how people travel throughout the transportation infrastructure in terms of parking, curb-side, drive-thru and security.

LocoMobi World’s leading cloud-based License Plate Recognition (LPR) system offers a refined approach for revenue control, virtual permitting, violation and citation management, toll road management, managed traffic lanes, and gated lane environments, as well as residential multi-level condominium building parking control and access.

LocoMobi World also provides a full line of Industry-leading Payment Kiosks, Smart Barrier Gates, Solar Powered parking Meters and other innovative solutions to ensure total revenue security.

The most recent is LocoMobi’s introduction of the FIRST robot to the industry. You can follow the advancement of “Mobi” on our website and social media.

Our Smart City technology is connecting vehicles anywhere they travel. WorldSecure LocoMobi World’s patent-pending data security controller protects against cyber-attacks and other data intrusions. The first of its kind.

For more information, please visit our website at https://posts.locomobiworld.com or call Grant Furlane at 416.898.3455.