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SOURCE RoadPixel Inc.
SAN ANTONIO, May 13, 2014 /PRNewswire/ --
RoadPixel Ltd. today announces its merger with US based LPR software specialist Intelligent Vision Systems Inc. The resulting amalgamated business will trade as RoadPixel throughout the world.
RoadPixel's management team were founders of CitySync in 1999, which was sold to a US public company in 2010. They were 'locked out' of the LPR market for a period of time as part of the sale.
Robert Byerly, CEO of RoadPixel Inc. (formerly CitySync's US Vice President), commented: "This will dramatically accelerate our growth plans by providing us with advanced in-house LPR Camera Technology for our key markets in the Americas as well as giving us access to the prime European and Middle Eastern territories. We have a dedicated, experienced and customer-focused team and we are confident that we can make a significant impact on the worldwide LPR market."
Strategic markets comprise Security, Parking, Police, Homeland Security, Counter Terrorism and Speed Enforcement.
Frank Thomson, RoadPixel Europe CEO, stated: "The LPR market continues to grow and develop and we need to offer the right product mix at the right price to be successful. This merger will fuse our new RoadWolf™ LPR Camera range with a mature Recognition Engine and provide us with the Application and Cloud-based software necessary for us to deliver comprehensive solutions to our clients. We have a very experienced management and technical team with a collective focus and customer values that will set us aside from the pack."
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