New Parking Inc. is a Calgary-based company aiming to reconfigure $100 billion global parking industry.

New Parking is in essence an industrial automation company using its own proprietary software and existing advanced wireless technologies to automate many parking industry operations, starting with payments and enforcement.

Its first application is the Electronic Parking Payment System™ aimed at $3 billion parking meter business in USA and Canada. 

New Parking enabled the very first virtual parking meter in January 2005 in Lethbridge, Alberta.

New Parking is a privately held company with investors residing in Asia, North America and Europe.