Parking company launches new meter

ARLINGTON HEIGHTS -- Integrated Parking Solutions Inc., which designs, develops and implements wireless parking technology, announced Tuesday the Version 5.3 of its MeterLink solution will be introduced at the International Parking Institute's conference and exposition in June. The MeterLink unit provides wireless meter auditing and monitoring functions and is housed in the meter. The device can communicate with industry parking meters to retrieve and/or set the amount of paid time remaining.