Integrated Parking Solutions, Inc. Appoints Richard J. Malcolm V.P. Chief Technology Officer

Mr. Malcolm was a Fellow of Technical Staff with Motorola, Inc. for the past four years working with the Disruptive Technology group in the Cellular Network Infrastructure business. Prior to that assignment he was a Principal Staff Engineer for five years focused on Wireless Local Loop business.

William P. Dugan, CEO and Chairman said, The addition of Mr. Malcolm will add a new dimension to our product deployment of our wireless parking systems. He will also lead our efforts to work with Motorolas Canopy(TM wireless, MOTOMESH(TM) and HotZone Duo Wireless Broadband Networks that are a part of the MOTO wi4 Ready Application program. For a young company to have a person of Mr. Malcolms accomplishment and stature is unique.

Mr. Malcolm earned a Bachelor Arts degree in Strategic Technology Assessment from DePaul University, Chicago. In addition to various professional development experiences, including the Motorola Business Development Institute, he holds four US patents and two European patents.

About Integrated Parking Solutions

Integrated Parking Solutions is a leading provider of turn-key mobile handheld enforcement solutions for on-street and off-street parking for universities, corporations and some of the nations 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.