Jeremy: Hello there everybody this is Jeremy from Spothero, I am here with frank from IPS, Frank how is it going?
Frank: Doing great, doing great
Jeremy: doing great, ah we’re here to talk about his company IPS which has some really cool technology right here, can you tell us a little bit about a what you’re stuff does.
Frank: Basically, we took ahh, your traditional parking meter and ramped it up a little bit, the unique thing about this
Frank: The unique thing about this meter, it takes a credit card in addition to a coin, ah the best thing about it, cause, i was actually a customer before I became a representative of IPS, is the information that it gives you. You know, when I was a Public Administrator, you’re always guessing were did your money come from, when am i busy? When am I not?
Frank: The back end system of this system gives me all that information, I know when I’m busy, I know where I can adjust rates, to make maximize my revenue. But, the best thing
Jeremy: That’s fantastic
Frank: The best thing about it from a customer service standpoint is if, if there was something to happen to the meter, it will call me and let me know
Jeremy: ohh. thats great
Frank: So the level of inconvenience that you’re giving to your parking public is now virtually eliminated