Faspark will pitch Street Parking Technology on Main Stage at Chicago Auto Show

Faspark to present at 2013 Chicago Auto Show

Faspark will pitch Street Parking Technology on Main Stage at Chicago Auto Show

CHICAGO, IL (February 7, 2013)- Faspark will present at the 2013 Chicago Auto Show on Friday, February 8 to speak about its new technology and the how it will change street parking in today's cities. With already well over 10,000 users in Chicago, IL and Munich, Germany Faspark's app helps city drivers find on-street parking in real-time. The app gives drivers information about which streets are likely to have free parking spots and what parking types are available. The app also provides the user with information about nearby parking structures.

"This is a great opportunity to showcase our technology at the premier auto event in Chicago" said Eyal Amir, Faspark's CEO. "The Windy City has become a hub of entrepreneurship and is a strong supporter of new technologies such as ours. Being based in Chicago, we are very excited to be sharing the stage with three other outstanding auto related startups here in our city."

Faspark's app is available for iPhone, Android, and also for BlackBerry devices (on those phones http://faspark.com redirects to the web app).

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About Faspark

Faspark - http://faspark.com, is the leader in street-parking information. Co-founded by University of Illinois Professor and Stanford University alum Eyal Amir and DePaul, Argonne, UBS alum Sergei Kozyrenko, Faspark's technology speeds up drivers looking for street parking. It uses proprietary and public data sources to recommend driving routes that reduce street parking time by 70% and more. Faspark gives complete coverage of Chicago, IL and Munich, Germany including all free spots, all zoned (permit) spots, and also all pay (metered) spots. Faspark also shows information on parking structures available near location.

Contact:

Gerhard Boiciuc

VP Business Development

gerhard@faspark.com

312 505 5356

To find out more, please visit faspark.com.

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