FOSTER CITY, Calif. – Oct. 17, 2011 – Streetline, Inc. (www.streetline.com) has been named a 2011 runner-up for The Wall Street Journal Technology Innovation Awards. Streetline was recognized in the transportation category for its smartphone app Parker™ that delivers real-time information on available parking spots nearby.
The Wall Street Journal received over 600 applications from companies, organizations and individuals in 31 countries. An independent panel of judges from venture-capital firms, universities and other organizations and companies assessed the entries based on whether the innovation breaks with conventional ideas or processes in its field, whether it goes beyond marginal improvements on something that already exists, and whether it will have a wide impact in its field or on future technology. From that pool, the judges chose a total of 35 winners and runners-up in 16 categories.
“Streetline is honored to be recognized as a leading technology innovator by such a prestigious publication,” said Zia Yusuf, president and CEO of Streetline. “With the launch of Parker, we introduced the first fully integrated consumer smart parking platform that not only helps consumers easily find and pay for available parking, it also helps them access parking data – such as location and hours – for facilities across the US.”