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Media


T2 Systems ranks as one of the “Best Places to Work in Indiana” third year in a row!

For the third consecutive year, T2 has been named one of the “Best Places to Work in Indiana” in the small/medium size category. The Indiana Chamber of Commerce announced it’s rankings at a special awards ceremony during which T2 was recognized. The program honors the top companies in the state, as determined through employer reports and comprehensive employee surveys. Winners were selected from two categories: small to medium-sized companies of between 25 and 249 employees, and large-sized companies consisting of 250 or more employees. Out-of-state parent companies were eligible to participate if at least 25 full-time employees are in Indiana. For more details about the “Best Places to Work in Indiana” program click here to visit the Indiana Chamber web site.

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T2 Systems wins 2008 Corporate Value Award

T2 was honored to receive the 2008 Corporate Value Award, a distinction given by the Association of Corporate Growth. T2 was one of two winners this year, along with Herff Jones. The Corporate Value Award honors companies “who have been inspirational, visionary, and tenacious in their efforts to build value in the Indiana business community. We invite you to view the recent ACG advertisement in the Indiana Business Journal that honored this year’s winners.

T2 Systems Continues Advancements in Functionality and Usability with the Introduction of Flex™ Version 6.3

(INDIANAPOLIS, IND. December 11, 2007) Improving on the industry’s first unified parking management system, T2 Systems announces the introduction of T2 Flex™ version 6.3. The newest version of T2 Flex continues to advance the systems’ usability and functionality. New features include officer activity reporting, batched appeal letters, a redesigned Pay Citations feature and many other functions, as well as updates and improvements to the Access and Revenue Control functionality and the handheld ticketwriter software.

T2 Flex 6.3 bolsters operations and ease of use in many areas. Upgrades in Access and Revenue Control allow for split payments at the cashier station and smoother transitions for cashier station to offline operations. Improvements to the mail-in payment processing and officer activity reporting highlight some of the enhancements for the Permits and Enforcement functions. In the area of ticket writing, improvements have been made to allow users to streamline citation editing.

“We are committed to implementing the latest technologies in our products to provide our customers with the most functionality possible,” said Mike Simmons, chief executive officer of T2 Systems. “The latest version of Flex has upgraded usability capabilities that will make our customer’s jobs easier.”

The comprehensive T2 Flex™ parking management system includes product packs and services that work together to provide a complete parking solution for municipalities, universities or private parking organizations. Existing product packs include a mix of traditional Flex applications, such as Enforcement, Permit Fulfillment and Permit Management and new Access and Revenue Control.

About T2 Systems

Since 1994, T2 Systems has delivered proven parking solutions that meet the ever-changing needs of the parking industry. This commitment is evident in T2’s quality products and services, thought leadership and strong customer relationships. With its broad range of technology-based solutions, T2 Systems is trusted by more than 300 organizations in the US and Canada including universities, cities, towns, hospitals and airports. T2 Systems is headquartered in Indianapolis, Indiana and has virtual offices throughout the United States and Canada. For additional information about T2 Systems, Inc. products and services, visit www.T2systems.com.

T2 Systems and CASHNet Announce Strategic Partnership to Streamline e-Commerce Transactions

(INDIANAPOLIS, IND. October 8, 2007) T2 Systems and CASHNet have announced a partnership that enables mutual customers to easily process T2 e-business online credit card transactions through the CASHNet payment gateway. The companies have aligned technical and project resources to ensure their respective solutions work together for the benefit of current and prospective customers.

CASHNet has focused on the higher education market for 20 years, helping universities and colleges improve customer service through efficient, secure online payment processing. T2 Systems provides parking management solutions to colleges and universities, and its e-Business offerings allow students, faculty and staff to purchase parking permits and pay citations online.

“Adding CASHNet to our partner network is a huge benefit for our mutual customers,” said Irena Goloschokin, T2’s VP of Marketing. “Current and future T2 customers with Web sites that enable parking permit and ticket payments, and who are using CASHNet, have the backbone support of a leading commerce software and services provider that ensures secure payments for their patrons.”

Greg Schuster, Senior Vice President for Business Development for CASHNet, is also excited about what this partnership means to customers. “CASHNet is excited to work with T2 and help our customers enhance their ability to provide electronic payments for a variety of college services, including parking,” Schuster said. “Together we are working to improve the service and convenience our customers can provide for students, staff and campus guests.”

About CASHNet

Everyday CASHNet assists Universities, colleges, and Community Colleges in meeting the challenges presented to them in an ever-changing marketplace. Simplifying customer services and focusing on the operational issues associated with processing payments and streamlining processes are the core competency of CASHNet, as we are 100% focused on commerce solutions within higher education for the past 20 years. For more information, visit the website at www.cashnet.com

Former IPI Chair Linda Kauffman Among Several Parking Professionals who join the T2 Team

(INDIANAPOLIS, IND. Aug. 3, 2007) T2 Systems is proud to announce that Linda Kauffman, former Executive Director of the Allentown Parking Authority, has joined the T2 team. T2’s current and prospective customers will benefit from Linda’s more than 20 years of expertise in parking management and her knowledge of the industry.

As a consultant for T2, Linda will be a subject matter expert in the areas of parking operations, access and revenue control systems, enforcement, citation processing and collections. Her participation and leadership in several organizations, including the International Parking Institute (IPI) and the Pennsylvania Parking Association, will benefit the organizations with whom T2 is working.

“I’m looking forward to sharing the knowledge and experience I gained during my professional career with other parking professionals who may be looking for advice and guidance,” said Kauffman. “And I’m thrilled to be associated with the T2 team of professionals who know parking, and who provide solid, reliable parking management solutions.”

Kauffman will also be sharing her knowledge by speaking about relevant parking topics at various industry events and conferences. T2 is honored to have her represent them, as she is well-known within the industry having been a requested speaker at nine IPI annual conferences, a guest speaker at the Swedish Parking Association meeting and the European Parking Congress, not to mention numerous Pennsylvania Parking Association conferences.

In addition to Kauffman, T2 has added other parking professionals to its client services department, hiring individuals from both cities/municipalities and universities: Software Consultants Nicole VanNess from Traverse City, Michigan, Shi Brooks from Mississippi State University; Technical Support Analysts Sarah Kimmett from City of Boulder, Colorado, and Jason Givens from Western Kentucky University; and a new Business Analyst, Cheryl Murphy from Minitab Incorporated – State College Pennsylvania.

T2 Systems, Inc. Receives $3 Million in Growth Capital

Capital will fund delivery of T2’s unified parking management solution to existing and new customers, expansion of client services and continued R&D.

(INDIANAPOLIS, IND. June 25, 2007) T2 Systems, Inc. announces it has received a $3 million growth investment from Petra Capital Partners. The capital will help T2 further enhance and expand customer service, and enable it to continue to invest in technical development and delivery of the company’s unified parking management system, T2 Flex. Petra Capital Partners’ investment in T2 Systems is the private equity firm’s first from its newest fund, Petra Growth Fund II, L.P.

T2 has always partnered with its clients, anticipating trends and developing solutions that help parking managers simplify their processes and increase their revenues. According to Mike Simmons, chief executive office of T2 Systems, this is what the new growth capital will be used for.

“Petra’s investment allows us to strengthen what has always been our focus - personalized customer service, a dedication to meeting the needs of the parking industry and continued investment in R&D. T2 Systems will maintain its continuity of leadership and remain privately owned in order to fully achieve these goals,” said Simmons.

To build on its established team of parking industry professionals and maintain the work environment and personal level of customer service for which the company is known, T2 Systems hopes to hire approximately 40 employees in the coming year.

Rob Smith, a partner of Petra Capital Partners, said, "We are excited to make T2 the first investment in our new fund. T2 has done a terrific job establishing a leadership position in providing parking management solutions to the university and municipal markets. They are poised for a very healthy future and have a proven track record in servicing their industry.”

Added Functionality in T2 Flex™ Version 6.2 Offers Automated Pay Station Support and Asset Management and Maintenance

(INDIANAPOLIS, IND. June 19, 2006) T2 Systems announces T2 Flex™ version 6.2, offering parking operations even more functionality and performance including Automated Pay Station (APS) Support, as well as Asset Management and Maintenance. To ensure compatibility with other hardware and software, Flex 6.2 also includes infrastructure changes to support Windows® Internet Explorer® 7, Crystal Reports XI, and .NET Framework 2.0 environment.

With Asset Management and Maintenance, users can capture and track an inventory of property and assets, manage planned and unplanned asset maintenance, submit maintenance requests from the field and receive notification if a piece of property, such as a parking meter, is damaged.

In the area of Access and Revenue Control, T2 Flex 6.2 includes APS support allowing for customers to receive transient parking payments from the field. Customers can also configure their own ticket imprinting formats.

“We want current and prospective customers to know that we are staying on top of advances in technology to ensure the most functionality is available to municipal and campus parking operations,” said Mike Simmons, chief executive officer of T2 Systems.

The comprehensive T2 Flex™ parking management system includes product packs and services that work together to provide a complete parking solution for municipalities, universities or private parking organizations. Existing product packs include a mix of traditional Flex applications, such as Enforcement, Permit Fulfillment and Permit Management, and new Access Control and Revenue Control.

“We partner with customers and other parking experts to analyze how parking has evolved and where it’s going. Built on this foundation, T2 Flex enterprise brings together all aspects of parking management and delivers them from a shared system environment,” said Blake Laufer, Vice President of Research and Technology for T2 Systems.

About T2 Flex
T2 Flex is the newest generation of parking management software. A first in the industry, T2 Flex is a single solution that offers parking management, enforcement, permits, as well as access and revenue control. This single system coordinates all aspects of the parking office, providing centralized control, management, reporting and operation of all sub-systems from one portal. It streamlines a myriad of operational tasks, including accounts receivable, residential and other permits, access cards, citations, towing and monthly contract parking.

T2 Flex is a thin-client solution in which all software and data residing on servers can be securely accessed from any PC with a browser. T2 Flex minimizes duplicate work between various systems and allows parking operations to easily share data with other systems and departments within an organization and with outside vendors.

T2 Systems Establishes Citation Collection Services, LLC
Parking Operations Offered New Technology-Based Processing and Collection Solution

(INDIANAPOLIS, IND. February 19, 2007) As more and more parking operations look to outsource some or all of their collections work, T2 Systems, Inc., has established a wholly owned subsidiary to provide its customers with parking citation processing and collection services. Citation Collection Services, LLC (CCS) uses the T2 FlexTM unified parking management system to provide customers with a unique technology-based processing and collections solution.

Staffed by a team of parking and collections experts, T2 Systems’ processing and collection services allow customers to choose which aspects of citation processing are outsourced. “Most solutions on the market today are created for organizations that outsource all work associated with citation processing. With T2’s multiple levels of services, organizations can choose how much work they outsource and how much they do themselves,” said Irena Goloschokin, vice president of marketing at T2 Systems. With any service level, the parking office maintains complete control of their data.

In addition to citation processing and collections, the T2 Flex parking management system offers a unified system for managing permits, enforcement, access control and revenue control. This unified system approach eliminates problems with data exchange and data access by enabling both the parking operation’s staff and CCS staff to work in the same application and have access to the same data.