T2 History

The first 10 years

  • Founded in 1994 by Mike Simmons and Steve Howard
  • Terminator: T2’s original software package, an enforcement-only product, at the time was the only parking software to support a Graphic User Interface that ran on both Windows and Macintosh platforms
  • Continued to enhance Terminator for the next three years while developing a new product that combined advanced technology with parking-specific features
  • Released T2 PowerPark in 1997: a permit and enforcement product, the first parking management software awarded the On-Oracle certification by the Oracle Corporation
  • From 1997 to 1999 the company grew by 295% and nearly doubled its customer base; in 1999 T2 was ranked 245 on the Inc. 500 list
  • In 1999 T2 acquired Logic4U, a Canadian competitor with significant market share, adding a strong customer base and a knowledgeable technical staff
  • Developed PowerLink which enabled customers to connect their PowerPark database with external systems, giving users real-time access to PowerPark from other ERP systems and the Internet; this led to the development of T2 eBusiness Solutions

New Technology Brings Change

  • Responding to new technology trends, as well as the increasing complexity of parking operations, T2 launched T2 Flex in late 2004
  • T2 Flex is the first system built to use standards-based data exchange, making integration with other systems easier
  • Web-based (thin-client) application, which means all data and software resides on secure servers in one location; the T2 Hosting Environment is a Tier 1 hosting facility
  • With the introduction of T2 Flex, T2 transitioned from the business model of selling perpetual software licenses to subscription-based licensing of its software (SaaS) in order to ensure long-term revenue
  • In 2006, T2 Flex became the industry’s first truly unified system – bringing together the management of all aspects of parking into one system: permits, citations (enforcement), access and revenue control (gated lots and facilities), and event parking
  • In 2006 T2 launched Citation Collection Services, LLC – a subsidiary focused on processing and collections of parking tickets
  • In 2010, the T2 Hosting Environment was certified as PCI DSS compliant and T2 is listed on the Visa website as a Level 1 Service Provider – among very few in the industry to achieve this designation

T2 now has over 350 customers representing colleges and universities, medical centers, cities and towns, private operators and airports.