LAKE FOREST, Ill. – May 14, 2018 – Leading parking technology provider Cleverciti today launched Circ360™, the industry’s first 360-degree overhead display that provides real-time digital traffic flow information and advertising space for open-air parking lots.

“The Circ360™ LED displays are ideal for venues like shopping malls looking to enhance the overall customer experience,” said Thomas Hohenacker, founder and CEO, Cleverciti. “The Circ360™ turns the daily headache of parking into a simple service that retail property owners can offer their tenants and guests.”

The accurate and reliable Circ360™ is an omnidirectional floating LED sign that displays live parking information and messaging from retailers in 360 degrees. It can be mounted on existing lampposts of any size within 15 minutes. The displays are ideal for a range of dynamic on-street and open-air digital signage applications, including local parking availability, advertising, smart city data, security notifications and more.

“Shoppers spend 10 to 12 minutes on average searching for a parking space when they visit a mall,” added Hohenacker. “This results in significant lost revenue for retailers because customers may spend less time shopping or potentially leave out of frustration.”

Now in daily operation in more than 19 countries worldwide, Cleverciti’s high-precision overhead parking sensors and innovative Cockpit management software empower cities and property owners to manage parking in a more intelligent and efficient way. Cleverciti helps reduce traffic congestion and emissions, while dramatically improving the parking experience for consumers. It also helps grow revenues for cities, airports, malls and numerous other businesses.