Integrated Parking Solutions, Inc. will Introduce New MeterLink(TM) Version 5.3 at...

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Tue May 20, 2008 9:15am EDT

Integrated Parking Solutions, Inc. will Introduce New MeterLink(TM) Version 5.3 at the International Parking Institute Exposition in Dallas, June 1-4

ARLINGTON HEIGHTS, Ill.--(Business Wire)--
Integrated Parking Solutions, Inc. (IPS) (OTC: IGPK), the leader
in the design, development and implementation of wireless parking
technology, announced today Version 5.3 of its MeterLink(TM) solution
will be introduced at the International Parking Institute's ("IPI")
conference and exposition, June 1 - 4 in Dallas, Texas.

   The MeterLink(TM) unit provides wireless Meter Auditing and
Monitoring functions and is housed in the meter. The device can
communicate with leading industry parking meters to retrieve and/or
set the amount of paid time remaining. The unit can use
2.4GHz/915MHz/868MHz RF transceivers. The Lithium Batteries used in
the system are rated for up to 21000 hours of operation at full
temperature range based on typical usage.

   William P. Dugan, Chairman, said, "Richard Malcolm, our Chief
Technology Officer, formerly a Fellow of Technical Staff at Motorola,
Inc., spearheaded this dramatic improvement of reduced size and
increased battery life."

   "The IPI conference and exposition is our premier show of the year
and our booth will show attendees how our wireless parking solution
works in real time. This event is the largest conference of its kind
with technical and educational programming and a vendor exhibition
hall. We are excited to share with the industry our equipment and
technology improvements," Dugan added.

   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.

Integrated Parking Solutions, Inc.
Chuck Campbell
(708) 798-9405
Ccampbell@ipspark.com
www.ipspark.com

Copyright Business Wire 2008
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