Streetline, Inc. Named Contender for 2012 World Technology Award

Streetline, Inc. Recognized for Visionary Contribution to Science and Technology presented by the World Technology Network in association with TIME, Fortune, CNN, Technology Review, and Science/AAAS

NEW YORK - The World Technology Network (WTN – www.wtn.net) announced today that Streetline, Inc. has been named a finalist for a prestigious World Technology Award in the Environment category. Streetline joins a roster of approximately 50 organizations and 100 individuals in this annual competition deemed by the members of the World Technology Network (“The WTN”) to be doing the “most innovative work of the greatest likely long-term significance.”

The World Technology Awards have been presented by the WTN since 2000, as a way to honor those innovators who are the most innovative in science and technology in 20 different categories. Nominees for the 2012 World Technology Awards were selected by the WTN membership (spread out over 40 countries) through an intensive, global process over a period of many months.

“We’re honored that Streetline is a finalist for such an esteemed award,” said Zia Yusuf, president & CEO of Streetline. “It’s an amazing accomplishment, and we’re committed to bringing smart parking to cities around the globe so that searching for parking becomes a thing of the past.”

The WTN (www.wtn.net) is a curated membership community comprised of the world’s most innovative individuals and organizations in science, technology, and related fields. The WTN and its members – those creating the 21st century — are focused on exploring what is imminent, possible, and important in and around emerging technologies.

The winners of the World Technology Awards will be announced during a ceremony at the TIME & Life Building on the evening of October 23rd at the close of the World Technology Summit, a two-day “thought leadership” conference (Oct. 22/23) held at the TIME Conference Center in the TIME & LIFE Building and presented by the WTN in association with TIME magazine, Fortune, CNN, Science/AAAS, Technology Review, and others.

“This year we are more eager than ever to pay tribute to the talent and innovation of our individual and corporate honorees,” says James Clark, Founder and Chairman of the World Technology Network. “Each year, this event gains momentum and prestige making it the ultimate global platform to honor visionary contributions in the science and technology arenas.” Clark adds, “The World Technology Awards program is not only a very inspiring way to identify and honor the most innovative people and organizations in the technology world, but it also is a truly disciplined way for the WTN membership to identify those who will formally join them, as WTN Fellows, as part of our global community. By working to make useful connections among our members, we look forward to assisting Streetline in continuing to help create our collective future and change our world.”

About Streetline, Inc.

Streetline’s mission is to make smart cities a reality through the use of sensor-enabled mobile and web applications. As the leading global provider of smart parking solutions for cities, airports, universities, private garages, and consumers, Streetline’s pioneering technology connects citizens with critical information to improve the way they live and work, while making cities more efficient and lessening their environmental impact.

Streetline is a privately held company headquartered in Foster City, Calif. with smart parking deployments across the U.S. including California, Delaware, Indiana, Maryland, Michigan, Nevada, New Jersey, New York, Virginia and Washington, DC. The company was recently named one of Fast Company’s 10 Most Innovative Companies in Transportation, as well as IBM Global Entrepreneur of the Year.

About the World Technology Network
The WTN exists to “encourage serendipity” — the happy accidents of colliding ideas and new relationships that cause the biggest breakthroughs for individuals and institutions. The WTN works to accomplish its mission through global and regional events for its members and extended audience, to help make connections among them, and to examine the likely implications and possible applications of emerging technologies.