LocoMobi World Inc. Announces MOU with Parsons Corporation

For Immediate Release                                                    October  2023

Toronto , Ont. - LocoMobi World Inc. is pleased to announce that the company

has signed a Memorandum of Understanding (MOU) with Parsons Corporation to explore

opportunities involving the implementation, maintenance, and operation of computer vision

solutions based on LocoMobi’s WorldStream platform.

“We are very pleased that we have the opportunity to work with one of the most recognized

engineering firms in the world, who are leaders in the digital transformation of traditional

infrastructure,” says LocoMobi World Co-founder and CEO Grant Furlane.

As part of the MOU, LocoMobi and Parsons will consider joint smart city projects. Parsons

provides integrated design and engineering services for complex physical and digital

infrastructure around the globe. As a technology innovator, the company is working to

accelerate the world’s digital transformation by delivering next generation solutions for aviation;

rail and transit; bridges; and roads and highways.

About Locomobi World Inc:

Locomobi is a technology company that specializes in providing innovative solutions for the transportation industry. Their main focus is on developing software and hardware solutions that help fleet operators and vehicle owners manage their assets more effectively. Locomobi's products include parking management systems, license plate recognition technology, and mobile payment solutions. With their cutting-edge technology, Locomobi aims to revolutionize the way people move around cities and make transportation more efficient and convenient for everyone.

Grant Furlane

Mr. Furlane brings over 40 years of technology experience specializing in Smart City Transportation, Network Security, Cloud Computing, Loyalty programs and Parking, Transit and Tolling industries.

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The City of Barrie Awards Locomobi World Inc.  Advanced Parking Payment Meter and Software Applications Contract.