AutoMotion Introduces First Fully Automated Parking Garage In N.Y.C.

The facility will be open to residents and the parking public in early January 2007 at 123 Baxter Street, a newly completed luxury condominium building in the city's vibrant Nolita neighborhood. The AutoMotion Parking System showcases state-of-the-art technology developed by the world's leading German industrial manufacturer Stolzer Parkhaus, which has successfully built 28 automated facilities operating in 11 countries worldwide. MJS Garage Management, in business since 1947, will operate the first system. Mr. Michael Schneeweiss, President of MJS comments, "I've never seen a parking system that works so efficiently. We've been to Germany and to Washington to see operational systems and are convinced this is the future of the parking industry in terms of reliability, safety, and convenience to the customer."

With attendant-free, fully automatic parking of vehicles, car owners will enjoy the retrieval of their vehicle in less than 2.5 minutes with no risk of dents, scratches or dings to the car. AutoMotion also eliminates the chance of damage to their car interior or theft of personal goods left inside of car, i.e., an iPod or briefcase, since no one ever enters the vehicle. Once a customer drives inside the garage's entry/exit room and locks their car, they swipe a card to activate the system and leave. Their vehicle remains motionless, transported on a pallet automatically to its storage bay. When returning, customers swipe their card and their car is returned back to the entry/exit point and the customer starts the car and drives away. No tipping of attendants will be required. Without the frequent running and idling of auto engines found within traditional car valet parking systems, the environmental nuisance of harmful car exhaust fumes and excessive noise will also be removed. As an added benefit, the legendary German automotive manufacturer, BMW, in partnership with AutoMotion, will pick-up, service and deliver any make or brand of car parked within an AutoMotion system garage.

"While the first application of AutoMotion technology in New York is within a luxury condominium development, it is fully adaptable to service business complexes, hospitals, retail centers and other parking intensive projects," says Perry Finkelman, Partner and Managing Director of AutoMotion Parking systems. "AutoMotion delivers tremendous advantages to both the customer and real estate developer while maximizing space, cost savings and convenience. Looking ahead, current AutoMotion research and development is formulating equipment for government agencies to incorporate within high technology safety and security detection parking operations."