Parkeon Technology Captures Growing Market Share in Australia

Feb. 21, 2011 - PRLog -- Innovative “tag-on, tag-off” ticketing technology developed by Parkeon is earning the company a major slice of the Australian public transport market, with passengers across Canberra the latest to benefit from a contactless smartcard scheme featuring the system.

The ‘MyWay’ electronic ticketing scheme has just been unveiled across the Australian Capital Territory with Parkeon providing 500 latest generation Wayfarer200 on-vehicle bus driver consoles, 900 Axio smartcard validators, and back office management suites. The equipment is installed on the city’s ACTION bus fleet and in other public locations, ensuring that the new MyWay smartcards are easy to obtain.

The technology is being supplied through Parkeon Pty Ltd, the recently-established Sydney-based arm of the Parkeon Group, to Downer EDI in Australia, the company’s long term local partner.

“This latest roll-out comes on the back of similar success in Perth and more recently the appointment of Parkeon within the consortium developing  the new ticketing system in Sydney and confirms the market leadership of Parkeon in Australia,” says Dave Thompson, Parkeon Pty Director. “Parkeon (Wayfarer) equipment was also specified on the predecessor scheme, so it is particularly pleasing to be implementing the replacement ticketing system and back office services for ACTION buses.”

Canberra’s ‘MyWay’ has been developed to meet the city’s requirement for a
transport ticketing system that is more flexible, that enhances efficiency through
improved boarding times and improves data collection, fare reconciliation and
journey trend analysis.

Passengers can use the BPAY and auto load (direct debit) options to "set and forget" meaning they no longer need to go and buy tickets.  The card will save boarding times with the transaction taking less than a second. The MyWay system will also collect valuable trip data to allow ACTION to deliver an improved bus network in the future.

The new scheme includes Parkeon’s comprehensive suite of Back Office software that delivers:
•   Schedule adherence reconciliation and reporting using captured GPS information
•   Smart card tracking and management
•   Comprehensive ‘hot-listing’ facilities for lost and stolen cards
•   Asset tracking and management – a fully comprehensive inventory package
•   Revenue and statistical management information reporting package

www.parkeon.com


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Media enquiries to: Philip Colley, Harvest. Tel: +44 (0)23 9244 9655 / +44 (0)7785 306378

Parkeon

Parkeon is a global player in urban mobility. As a result of its market-leading technologies and services - which are unique in terms of parking and transport management - Parkeon is specified as a development and implementation partner in 50 countries around the world.

The company’s Wayfarer automatic fare collection systems play a particularly important role in delivering the benefits of integrated ticketing and back office systems for the public transport industry. This expertise ensures that Parkeon is the market-leader among UK bus operators, offering solutions that range from smart card technology and electronic ticketing equipment to CCTV surveillance, GPS and mobile data networks.

Today, Parkeon’s Wayfarer electronic ticket machines and supporting devices can be counted in hundreds of thousands - more than any other fare revenue product range in the world. In the UK, the company offers the longest ETM life-span, the broadest ITSO scheme coverage, the largest service network and the most experienced system delivery teams. The Wayfarer product range is scalable and future-proof, renowned for ease-of-use and flexible through comprehensive configuration tools.

Parkeon offers customers Wayfarer equipment service centres in Croydon, Bristol, Manchester and Edinburgh, as well as in Elizabeth, New Jersey and Kingston, Jamaica. It also has facilities in France, Australia, Belgium, Germany, Italy, Spain and in the USA.

www.parkeon.com