Integrated Parking Solutions, Inc. will Introduce New MeterLink(TM) Version 5.3 at the International Parking Institute Exposition in Dallas, June 1-4

2008-05-20 19:21:45 -

www.ipspark.com - Integrated Parking Solutions, Inc. (IPS) (OTC: IGPK), the leader in the design, development and implementation of wireless parking technology, announced today Version 5.3 of its MeterLink(TM) solution will be introduced at the International Parking Institute's ("IPI") conference and exposition, June 1 - 4 in Dallas, Texas.

The MeterLink(TM) unit provides wireless Meter Auditing and Monitoring functions and is housed in the meter. The device can communicate with leading industry parking meters to retrieve and/or set the amount of paid time remaining. The unit can use 2.4GHz/915MHz/868MHz RF transceivers. The Lithium Batteries used in the system are rated for up to 21000 hours of operation at full temperature range based on typical usage.

William P. Dugan, Chairman, said, "Richard Malcolm, our Chief Technology Officer, formerly a Fellow of Technical Staff at Motorola, Inc., spearheaded this dramatic improvement of reduced size and increased battery life."

"The IPI conference and exposition is our premier show of the year and our booth will show attendees how our wireless parking solution works in real time. This event is the largest conference of its kind with technical and educational programming and a vendor exhibition hall. We are excited to share with the industry our equipment and technology improvements," Dugan added.

About Integrated Parking Solutions. Integrated Parking Solutions is a leading provider of turnkey mobile handheld enforcement solutions for on-street and off-street parking for universities, corporations and some of the nation's largest municipalities. Also, the Company designs, develops and implements the most advanced wireless data acquisition and communication products specifically designed for the expanding needs of parking and intelligent transportation industries.

Forward Looking Statements. Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statements containing words, such as, "believes," "should," "anticipates," "plans," or "expects" as well as other statements are forward-looking, and those statements involve risks and uncertainties outside of the control of the Company and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.

Integrated Parking Solutions, Inc.
Chuck Campbell
(708) 798-9405
Ccampbell@ipspark.com
www.ipspark.com