Integrated Parking Solutions, Inc. Receives New York Police Department Contract for $2.8 Million

Integrated Parking Solutions, Inc. (IPS), the leader in the design, development and implementation of wireless parking technology, announced today that it has received an Amendment to it's contract from the New York Police Department increasing the contract amount by $2.8 million.
Integrated Parking Solutions, Inc. (IPS), the leader in the design, development and implementation of wireless parking technology, announced today that it has received an Amendment to it's contract from the New York Police Department ("NYPD") increasing the contract amount by $2.8 million. The amended contract runs through June 1, 2009. The NYPD has been a customer since 2001. The contracts provides for system modifications, ticket and envelope stock and additional parking ticket devices.

About Integrated Parking Solutions

Integrated Parking Solutions is a leading provider of turnkey mobile handheld enforcement solutions for on-street and off-street parking for universities, corporations and some of the nation's 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.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statements containing words, such as, "believes," "should," "anticipates," "plans," or "expects" as well as other statements are forward-looking, and those statements involve risks and uncertainties outside of the control of the Company and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.
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Integrated Parking Solutions, Inc.
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www.ipspark.com
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