Tele Atlas(R), a leading global geographic content provider, and SpotScout, Inc., a mobile application
software company creating a virtual, real-time mobile marketplace for
buying and selling parking spaces, announced today that they plan to
collaborate to deliver a parking availability solution based on Tele Atlas'
digital map data.
SpotScout's software solution is designed to help drivers find
information about available parking spaces via a mobile information
network. Combined with Tele Atlas' highly accurate and up-to-date digital
maps, subscribing mobile navigation system users will be able to quickly
"spotscout" for and reserve a parking space that a "spotscaster" near them
owns, leases or plans to vacate.
"SpotScout is building a unique mobile social networking tool," said
Jay Benson, Tele Atlas Vice President of Business Development. "We are
collaborating to deliver useful content that helps people make even greater
use of location-based technology and eliminate a main source of frustration
for those living in and traveling around populated metro areas."
SpotScout CEO Andrew Rollert said the company is excited to collaborate
with the leading supplier of geographic content for mobile devices and
applications. "Tele Atlas has supported our early efforts and is working
with us to ensure our market application has the best foundation of
up-to-date street data that accurately directs drivers to a precise parking
location so they can quickly be on their way."
About Tele Atlas
Founded in 1984, Tele Atlas delivers the digital maps and dynamic
location content that power the world's most essential geographic
solutions. The information is the foundation for a wide range of personal
and in-car navigation systems, mobile and Internet map applications that
help GPS system users find the places, products and services they need,
wherever they are. Tele Atlas also works with business partners who deliver
critical applications for emergency, business fleet and infrastructure
services. The company employs 2,300 full-time staff and contract
cartographers at offices in 20 countries around the world and uses a
sophisticated network of drivers, mobile mapping vans and thousands of data
sources to regularly update its maps. Tele Atlas is listed on the Frankfurt
Stock Exchange (TA6) and on Euronext Amsterdam (TA). For more information,
Founded in 2004, SpotScout has developed a system that enables
individuals and communities to solve their local parking problems by
creating a virtual marketplace for parking information. The SpotScout
network is accessible from any web enabled device, including mobile phones,
for 'on the fly' information and the ability to reserve a space before
arriving at the intended destination. SpotScout brings Web 2.0 to the
parking industry, creating a unique system that increases traffic flow
efficiency by connecting parking supply with parking demand. When more
drivers know the whereabouts of spaces, fewer drivers circle around looking
for parking. Using SpotScout significantly reduces vehicle travel time and
congestion while reducing individual gas expenditure and positively
impacting the environment. SpotScout is based in the U.S. in Cambridge,
Massachusetts. For more information, visit http://www.spotscout.com.