LAKE FOREST, Ill. – May 14, 2018 – Leading parking technology provider Cleverciti Systems today launched Circ360™, the industry’s first 360-degree overhead display that provides real-time digital traffic flow information and advertising space for open-air parking lots. The new 3D parking technology will be showcased at RECon, the global retail real estate convention, May 20-23 in Las Vegas.

“The Circ360™ LED displays are ideal for venues like shopping malls looking to enhance the overall customer experience,” said Thomas Hohenacker, founder and CEO, Cleverciti Systems. “The Circ360™ turns the daily headache of parking into a simple service that retail property owners can offer their tenants and guests.”

The accurate and reliable Circ360™ is an omnidirectional floating LED sign that displays live parking information and messaging from retailers in 360 degrees. It can be mounted on existing lampposts of any size within 15 minutes. The displays are ideal for a range of dynamic on-street and open-air digital signage applications, including local parking availability, advertising, smart city data, security notifications and more.

“Shoppers spend 10 to 12 minutes on average searching for a parking space when they visit a mall,” added Hohenacker. “This results in significant lost revenue for retailers because customers may spend less time shopping or potentially leave out of frustration.”

Now in daily operation in more than 19 countries worldwide, Cleverciti’s high-precision overhead parking sensors and innovative Cockpit management software empower cities and property owners to manage parking in a more intelligent and efficient way. Cleverciti Systems helps reduce traffic congestion and emissions, while dramatically improving the parking experience for consumers. It also helps grow revenues for cities, airports, malls and numerous other businesses.

To download product images of the Circ360™ display, click here. For more information on Circ360™ and Cleverciti’s smart parking technology, stop by booth N1566 at RECon or visit www.cleverciti.com.

About Cleverciti Systems GmbH

Cleverciti Systems has developed a complete end-to-end solution for parking detection, guidance and monitoring for on-street and outdoor parking. Cleverciti Systems aims to become the global smart-parking leader. Its technology will help cities to reduce traffic and pollution, allowing drivers to enjoy a seamless parking experience while enabling cities and parking operators to increase their parking revenues. The company is headquartered in Munich, Germany, with offices in Chicago and the San Francisco Bay Area. http://www.cleverciti.com