T2 Systems Company Overview

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Company Overview

MISSION

To streamline the parking, mobility, and transportation experience with technology solutions that help organizations manage resources, achieve goals, and empower consumers with choices. VISION

Make every trip a smooth journey.

2 | T2 Systems, a Verra Mobility Company

Our Story

FOUNDED IN 1994 WITH ONE SIMPLE GOAL: MAKE PARKING BETTER.

We immediately established a leadership position in the parking industry and continue to pave the way in new technologies that help you seamlessly manage parking, mobility, and transportation services. We provide the most comprehensive solutions available to process transactions and leverage data to make informed decisions. Our unified parking management platform puts all the tools you need to be efficient and effective at your fingertips, with one place to manage Permits, Enforcement, PARCS, Pay Stations, Mobile Payments, and more.

With a strong track record of delivering projects that generate real return for our customers, and by delivering a quality experience for parking patrons, T2 continues to focus on helping our customers make every trip a smooth journey.

In 2021, T2 Systems was acquired by Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology that makes transportation safer, smarter, and more connected.

We support customers from large university campuses and municipalities to smaller destination towns, as well as private operators, healthcare facilities, and more.

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UNIVERSITY
MUNICIPAL COMMERCIAL HEALTHCARE

Future-Focused

What we offer is more than a series of products. We offer a growing platform of unified and intelligent solutions, tailor-made to help you overcome your challenges and achieve your goals, while meeting your customer’s expectations of convenience in a competitive marketplace.

We also offer industry-leading service. Not only do we provide the absolute best customer service we possibly can around the clock, but as a T2 customer, you become part of the largest and most collaborative user community in the industry. Open discussion and constant engagement through a variety of different channels – both online and in-person – gives us the opportunity to build a better future in parking together

STRENGTH IN NUMBERS

27+ Years of Experience

300+ Employees

2,000+ Customers

$2B+ Customer Revenue Processed Annually

9,000+ Customer Community Members

The T2 Customer Community is a source for collaboration to help define and develop next generation functionality across our solution portfolio and share peer-to-peer best practices.

4 | T2 Systems, a Verra Mobility Company
800.434.1502 | T2Systems.com | 5 UNIFY YOUR PARKING OPERATION Technology-Enabled Solutions

POWERING THE PMT EVOLUTION

T2 helped create the parking industry in 1994, and we have a long track record of delivering innovative and reliable technology solutions to help parking operations.

In 2004 we released Flex ® , the industry’s most robust, customizable parking operations software and one of the first web-based parking management systems.

In 2006 we introduced the only PARCS solution to integrate permits, citations, and gated solutions in one application.

In 2018 we launched T2 SecurePay , the original PCI validated Point-to-Point Encryption technology for parking solutions.

T2 INNOVATION HELPS YOU:

Scale Your Solution

The T2 Link platform unifies all T2-developed and third-party components so you can easily add functionality as your operation changes and grows.

In 2020 we introduced T2 MobilePay , an easy-to-use, browser-based mobile payment solution that gives operators complete and total control of their parking payments.

Also in 2020, we integrated UPsafety ® into our line of permit and enforcement solutions to better serve the needs of smallerscale parking operations.

In 2022, we launched T2 Velocity, combining our technologies into a single, integrated, gateless system to create a modern, frictionless experience for customers.

Improve Operational Efficiency

T2 SaaS solutions automate and optimize functionality to reduce the effort required to effectively manage your operation.

Improve the Parking Patron’s Experience

All of our solutions are centered around one key purpose: we are here to help our customers succeed!

6 | T2 Systems, a Verra Mobility Company
Innovation

FUTURE FOCUS

Unified Systems

New Integrations/ Partnerships

Advanced Parking Management

Expansion of Mobile Solutions

800.434.1502 | T2Systems.com | 7 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 Pay Stations T2 SecurePay T2 Link UPsafety® T2 MobilePay Enforcement App eTicketBook Flex® PARCS Citation Services eBusiness ePark PowerPark T2 Systems is Founded Velocity Verra Mobility
As we’ve grown and saw great success through our foundation years , platform years , and smart city years , our core focus continues to remain the same, today — to invest in people, technology, and strategic growth as we lead the evolution of the parking industry for our customers.

Permits & Enforcement

T2 helped create the permit and enforcement industry when the company was founded in 1994. Today, T2’s Permit Management and Enforcement (PE) solutions remain unmatched — we offer dozens of out-of-the-box and tailored permit and parking options for departments of any size and of varying complexity, allowing you to find just the right setup for your operation.

With T2’s powerful PE solutions, you have options to streamline curbside utilization, increase compliance, and bring the curb back under control — the way you want.

ONE-STOP PARKING MANAGEMENT SOLUTIONS

FLEX ® PE SOLUTION

Our Flex ® Permit Management and Enforcement (PE) solution is a comprehensive platform for real-time permit management and parking enforcement, powered by the industry’s most robust, configurable parking operations software. With the flexibility to adapt to your future operational needs, employing numerous easyto-use settings, and a structure that allows your patrons to pay and appeal citations, Flex delivers a solution that fully supports your curb management and organizational strategies.

UPSAFETY ® PE SOLUTION

The UPsafety Parking Enforcement and Permit Management (PE) solution is the ideal platform for addressing the disparate needs of small- to mid-size parking operations, like those emerging in towns along Main Street, USA, and across many campuses with unique programs. Our UPsafety PE solution offers a fully automated and customized permitting and parking enforcement platform that is continually engineered to maximize efficiency, revenue and collections, and parking compliance.

8 | T2 Systems, a Verra Mobility Company

For organizations and operations that want maximum control over who can park where and when and want to enforce simple or complex parking options, the proven T2 Permit Management and Enforcement solution seamlessly integrates with thirdparty services to deliver a scalable, holistic, enterprise-wide platform. It provides any parking operation the ability to manage permits and enforcement in unrivaled depth while accommodating future growth, including adding LPR, PARCS, pay stations, and other parking, mobility, and transportation solutions.

“We were trying to find a one-stop shop, one platform where we could input all the data, get the information we need, and grow from there. The ease of product integration is why we went with T2.”

KEY INTEGRATION PARTNERS

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Director, Transportation and Parking Services

T2 PARCS Solution

The T2 PARCS solution is not a one-size-fits-all access and revenue product. It is a reliable, comprehensive solution created and designed specifically for your operation, empowerinng you with the right software, hardware, and analytics capabilities to effectively manage permit parking access and ensure the accurate capture and reporting of revenue.

Whether you are looking to expand your existing Permits and Enforcement solution or upgrade an outdated PARCS system, you can move forward with confidence knowing that over 125 T2 customers are using PARCS solutions to manage 2,000+ PARCS lanes and process millions of dollars in transaction revenue.

SUPER SECURE, ALWAYS AVAILABLE

For universities, large healthcare facilities, and municipalities who want to achieve operational excellence with a proven enterprise management platform, the reliable T2 PARCS solution helps you control access and generate revenue with a gated

or gateless solution. If you are a customer using T2 Permit Management and Enforcement solutions, you already have PARCS capabilities engineered into our software. You just need T2’s Logan hardware plus an account update for PARCS activation.

Single Hosted System

Eliminate the hodge-podge of systems that don’t communicate well with one another and turn to T2 for a single, cloud-based platform to manage your permits, access, enforcement, and reporting. Your processes will be much more automated, taking the strain off your staff and increasing efficiency.

Remote Management

Remotely manage every aspect of your facilities in real time. With T2 PARCS, you can monitor your facilities individually or in an enterprise-level view, keep tabs on your devices, transactions, and activity history, and even set up automated alerts and scheduled system tasks.

Reliable & Easy to Support

T2 PARCS hardware is reliable and built to last, ensuring that your lanes are functioning as they should. It is also incredibly easy to support. Our whole T2 Logan line of hardware is made with modular, toolless components that are easy to maintain and can be shared between devices.

10 | T2 Systems, a Verra Mobility Company

T2 LOGAN PARCS HARDWARE

THE FIRST & ONLY...

• Unified PARCS, Permits, Enforcement, and Pay Station solution provider

• PARCS solution provider with more than 10 years of experience hosting enterprise solutions in the cloud

• True hosted PARCS platform with full offline functionality

• PARCS provider to reach PCI Level 1 hosted certification and maintain compliance for more than 10 years

• PARCS provider to maintain *99.99% hosting uptime

• Hosted PARCS provider to offer EMV and PCI P2PE credit card solutions

• Hosted PARCS provider to offer magstripe, barcode ingest, and barcode non-ingest ticket processing options

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Access Control Station Exit Verifier Pay-on-Foot (Credit Card Only) Pay-on-Foot (Credit, Cash, Coin) Ticket Dispenser

T2 Pay Stations

With more than 1,600 customers from Alaska to Florida, California to Maine, and virtually everywhere in between, T2 is one of North America’s largest and leading parking technology providers. The T2 Pay Station solution is known for legendary quality, attentive service, easy maintenance, and interoperability with over 50 third-party systems and other T2 solutions, such as Permits, Enforcement, PARCS, and T2 MobilePay.

This solution is powered by the highly configurable and data-driven Iris™ software, which puts you in total control of your parking operation. With Iris, you can manage Pay Stations and all integrated systems that support them: enforcement, mobile payments, LPR, accounting solutions, and more. T2 Luke ® Multi-Space Pay Stations are user-friendly and versatile, ideal for both on- and off-street environments. Luke Pay Stations are engineered for long life and can be deployed in any climate.

A HOLISTIC APPROACH TO PARKING

For organizations and operations that want to optimize parking revenue and improve operating efficiency, the industry-leading T2 Pay Station solution features secure and durable hardware that lasts for years and proven software that can be configured remotely in real time to deliver the strongest ROI available, all supported by a dedicated relationship team.

12 | T2 Systems, a Verra Mobility Company
“T2’s reporting functionality has allowed us to move towards data-driven management decisions instead of trying to work with anecdotal evidence and assumptions.”
Parking Services Director City of Missoula, MT

T2 LUKE ® PAY STATIONS

T2 Luke Multi-Space Pay Stations set the standard for high performance in on-street, off-street, and gateless environments. Luke Pay Stations are user-friendly and versatile, ideal for any operation. They are engineered for long life – they can be deployed in any climate, and are preferred by parking operations in beach communities and regions that experience extreme heat, significant temperature swings, heavy rains, and snowy, ice-cold winters.

T2 Pay Stations are powered by the highly configurable and data-driven Iris software, which puts you in total control of your operation.

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Luke Cosmo Luke II

A Smooth Journey

No other parking technology provider has the breadth of solutions that T2 offers — including Permits, Enforcement, PARCS, Pay Stations, Mobile Payments, and more — and we have experience with many different types of customers, from universities to municipalities to private operators. From this experience comes a level of expertise that understands parking from a holistic perspective, enabling us to offer a wide array of value-adding professional services to optimize your parking operation, including citation handling.

CITATION SERVICES

By deploying our tested and trusted processes, you and your team can focus on other areas of your operation, knowing that your outstanding citations are being taken care of by the best in the industry.

Our suite of reliable outsourced parking collections services

includes Citation Processing, Registered Owner Retrieval, Letter Services, Payment Processing, and Collections. We will work with you to find the right combination of services for your operation so you can improve your collection rates and maximize revenue.

EXPERTS IN CITATION COLLECTIONS

T2 Citation Services is a full-service, certified collection administration solution that allows your operation to increase revenue and create operational efficiency.

260K+ Citations Processed $3.2M Estimated Return to T2 Customers (YEARLY AVERAGE)

• Citation Processing

• Registered Owner Retrieval

• Letter Services

• Payment Processing

• Collections

53% T2 Collection Rate

22% Industry Standard Collection Rate

14 | T2 Systems, a Verra Mobility Company

ABOUT T2 SYSTEMS, A VERRA MOBILITY COMPANY

T2 Systems was founded in 1994 with one simple goal: make parking better. We immediately established a leadership position in the parking industry and continue to pave the way in new technologies that help you seamlessly manage parking, mobility, and transportation services. Today, we provide the most comprehensive solutions available to process transactions and leverage data to make informed decisions. Our unified parking management platform puts all the tools you need to be efficient and effective at your fingertips, with one place to manage your T2 solutions, including Permits, Enforcement, PARCS, Pay Stations, and more.

With a strong track record of delivering projects that generate real return for our customers, and by delivering a quality experience for parking patrons, T2 continues to focus on helping our customers move their operations forward.

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16 | T2 Systems, a Verra Mobility Company Indianapolis Office (Headquarters) 8900 Keystone Crossing, Suite 700 Indianapolis, IN 46240 317.524.5500 Burnaby Office 4321 Still Creek Drive, Suite 330 Burnaby, BC V5C6S7 778.375.6000 800.434.1502 | T2Systems.com © Copyright 2023 T2 Systems, a Verra Mobility Company All Rights Reserved. 2023.03

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