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The Seilon Inc Board of Directors is pleased to announce that the Company has acquired Payand Park.Com, Ltd an English company that has developed two new apps for android and apple phones. These apps will allow drivers to pay for parking at parking lots and underground parking garages using their phones.
In addition these apps can be adapted for utilization on Municipal transit systems as well as trains.
Furthermore the apps can be utilized by taxicabs companies to enable them to become more competitive with the likes of Uber and Lyft
Initial reception of the apps by parking lot owners and in particular building owners has been overwhelmingly favourable as it allows for a decrease in labour costs, an increase in overall efficiency and a further savings of money since we will charge less than the credit card companies to the owners of the parking lots.