About Parxcmart Technologies, Inc.

Founded in 2003, Parcxmart is an information technology company specializing in smart card payment solutions, delivering value to customers with its initial focus on Municipal parking operations.

The company has developed an innovative multi-application smart card platform that integrates with existing global electronic funds transfer networks.

Parcxmart’s management team is comprised of industry leading professionals from the payments, smart card and related technology industries. With offices in North America Parcxmart is partnered with industry leading point-of-sale manufacturers, meter manufacturers and merchant banks.

Parcxmart’s technology partners include Duncan Parking Technologies, Inc., a leading manufacturer and supplier of parking meters and related management systems; Ingenico and Verifone, the recognized world leaders in secure electronic payment technologies and transaction solutions; Smart Centric Technologies, the leading developers of secure e-Purse and related smart card-based applications; and One Card Solutions, a developer and integrator of smart card solutions for on-line and off-line transaction devices. The Company has agreements with major banks in Europe and North America.

These partnerships enable Parcxmart technology to offer a smart card parking program that combines secure transaction management, interoperability among cities and multiple merchants, interoperability with existing payment networks and has the potential for other multi-application exchanges.