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TomTom Launches On-Street Parking Service to Help Drivers Find that Parking Spot More Quickly

Del

Paris Motor Show - TomTom (TOM2) today announced the introduction of an On-Street Parking service, a game-changer for drivers on the hunt for that hard to find parking spot. The service will be initially available as a data feed1 for 25 cities2 in Europe, with additional geo-expansion to follow. The TomTom On-Street Parking will complement the existing Off-Street Parking (parking garage) information service already available to TomTom customers and licensing customers.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160929005717/en/

TomTom Launches On-Street Parking Service to Help Drivers Find that Parking Spot More Quickly (Photo ...

TomTom Launches On-Street Parking Service to Help Drivers Find that Parking Spot More Quickly (Photo: Business Wire)

TomTom uses its vast supply of GPS data to determine where drivers are looking for parking places and at what times of the day. With this information, the TomTom On-Street Parking service provides drivers with the probability of finding a parking spot on a street level, as well as the average search-time for a spot. To further enhance the parking experience, TomTom will also publish pricing and restriction information where available.

The new On-Street Parking service represents another step for TomTom towards the future of driving, where the service could be used by autonomous vehicles to seamlessly find a parking spot and park themselves.

“TomTom On-Street Parking offers drivers peace of mind and a less stressful parking experience, in addition to helping them save time and money,” says Ralf-Peter Schäfer, Head of Traffic and Travel Information at TomTom. “The service also helps reduce congestion in cities and thus lower CO2 emissions, and enables cities to better understand and manage street parking inventory to improve urban mobility”.

TomTom On-Street Parking will be showcased along with TomTom’s complete automotive product offering at the Paris Motor Show in the TomTom booth - Hall 3, Booth 104.

Please follow this link to watch a video about the new On-Street Parking service: https://youtu.be/j9P-cKYkyww.

-ENDS-

About TomTom

At TomTom (TOM2) our mission is to make technology so easy to use, that everyone can benefit from it.

We created easy to use navigation devices, helping millions of people to get where they want to be. Today, we continue to simplify the complex, making technology more accessible for everyone.

We have four customer facing business units: Consumer, Telematics, Automotive and Licensing.

We make easy to use navigation devices, sport watches and action cameras for consumers. We enable businesses with vehicles to more easily manage and improve fleet efficiency whilst increasing overall business performance with our Telematics solutions. We also offer a world leading real-time map platform that is powering innovative location based services and helping to make automated driving a reality for the automotive industry.

Founded in 1991 and headquartered in Amsterdam, we have over 4,600 employees and sell our products worldwide.

About TomTom Automotive

TomTom Automotive is the trusted partner for innovative and future-proof navigation technology for the global automotive industry. We are a global leader in connected navigation software, traffic information, and digital real-time maps. We offer Automotive OEMs the modular components to create competitive infotainment systems, as well as the technology to enable the future self-driving cars to see beyond their sensors.

1 Data feed will be available for the 25 launch cities before the end of 2016. TPEG-PKI service for direct delivery of the information to end-user devices will be available at a later date.

2 Brussels, Copenhagen, Marseille, Paris, Berlin, Cologne, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart, Milan, Rome, Turin, Amsterdam, Rotterdam, Oslo, Moscow, Barcelona, Madrid, Valencia, Gothenburg, Stockholm, Birmingham, London

Contact information

TomTom
Media:
Sebastian Mathews
+31 20 75 74 135
tomtom.pr@tomtom.com
or
Investor Relations:
Bisera Grubesic
+31 20 75 75 194
ir@tomtom.com

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