Press Release - Neology, Inc.

Neology Senior Vice President of Business Development, Joseph Averkamp will present on a panel covering the topic of reducing traffic related deaths through policy and technology advancements. 

Carlsbad, CA, September 26, 2023: Neology today announced that Senior Vice President of Business Development, Joseph Averkamp will present at the International Bridge, Tunnel and Turnpike Association (IBTTA) 91st Annual Conference in Seattle, WA on October 8, 2023. His topic begins at 15:30 and will cover the topic of reducing traffic-related deaths through policy and technology advancements. The US DOT 2023 Progress Report on the National Roadway Safety Strategy stated that based on the first nine months of 2022, deaths would remain near 2021 levels while getting worse for incidents involving trucks and people walking, biking, or rolling. An estimated 42,915 lives were lost on US roads in 2021, an increase of more than 10% compared to 2020. US DOT’s and EU’s Vision Zero approach tackles safety challenges from all disciplines, looking for solutions from emerging technology advancements to sweeping policy changes. Following their lead, presenters will discuss how zero traffic deaths can be achieved and how to reduce serious injuries. 

The IBTTA Annual Conference USA is an in-person industry conference that highlights the latest tolling technologies, road-usage charging projects, and intelligent transport systems being implemented across the world. The four-day event will be hosted from October 7-10 bringing together education components, networking, and immersion into the future of transportation. The event hopes to bring light to some visionary speakers, have attendees gain strategic insights from thought-provoking sessions, and connect industry pioneers from around the world. Neology will be exhibiting at the conference on all four days at booth #611. 

“With our recent acquisitions of Shimmick’s Transportation Operations and Management Solutions business and tapNpay Inc., we have even more to offer the U.S. market as end-to-end system integrators and O&M providers,” said Neology Senior Vice President & General Manager, Steve Haddix. “We are reimagining how the world is connected and pushing the industry forward as a technology leader.” 

About Neology: Neology, Inc. is a global technology company headquartered in Carlsbad, California, with manufacturing and operations facilities in the United States, United Kingdom, and Mexico. Neology is [re]imagining mobility by combining Artificial Intelligence with state-of-the-art tolling, automated vehicle classification, data processing, and digital payment systems. It is our mission to help communities around the world enhance mobility, increase sustainability, and improve safety.  

About the International Bridge, Tunnel and Turnpike Association (IBTTA): The International Bridge, Tunnel and Turnpike Association (IBTTA) is the worldwide association for the owners and operators of toll facilities and the businesses that serve them. Founded in 1932, IBTTA has members in more than 20 countries on six continents. Through advocacy, thought leadership and education, members are implementing state-of-the-art, innovative user-based transportation financing solutions to address the critical infrastructure challenges of the 21st century. For more information, visit www.ibtta.org or follow us on Twitter @IBTTA. 

Neology Media Contact:   

Claudia Neba 

cneba@neology.net 

Carlsbad, Calif – July 17, 2023 – Neology, a global innovator that is [re]imagining mobility, today announced the acquisition of Shimmick’s Transportation Operations & Management Solutions (TOMS) business to expand its transportation revenue and operations capabilities. This Sunrise, Florida-based division of Shimmick provides technology advisory as well as tolling operations and maintenance solutions to government agencies and transit businesses. Expertise includes tolling operations program management, fleet assessment, and other consultancy services.

Neology is an established leader in end-to-end tolling systems integration and transportation technology, providing roadside hardware and software as well as Back Office systems throughout the U.S., Mexico, Europe, and Asia-Pacific. The combination of Neology’s integrated solutions and Shimmick’s operations expertise positions Neology to better serve customers and road users.

“The key to reimagining mobility in the tolling industry is to have the right talent, processes, and culture,” says Bradley H. Feldmann, Neology Chairman and CEO. “With the TOMS team, we are gaining talent, adding services capabilities, strengthening our processes, and enriching our culture to better serve our tolling customers and ultimately, help them better serve their customers.”

Steve Richards, President & CEO of Shimmick, said “This sale is an important step in our long-term strategy to focus our resources on core areas of our business in the water and transportation infrastructure markets where we see the most potential for growth and innovation. We are delighted to see our transportation O&M division acquired by Neology, a company that will undoubtedly continue to provide outstanding results for our valued customers. Neology’s customer-centric culture assures us that they will uphold the high standards and commitment to excellence that our longstanding partners have come to expect.”

About Neology: Neology, Inc. is a global technology company headquartered in Carlsbad, California, with manufacturing and operations facilities in North America, Latin America, Europe, and Asia Pacific. We’re partnering with our customers to [re]imagine mobility by combining Artificial Intelligence with state-of-the-art tolling, automated vehicle identification and classification, data processing, and digital payment systems – all delivered with superior service. It’s our mission to help communities around the world enhance mobility, increase sustainability, improve safety, and generate increased revenue.

Neology Media Contact:
Catherine Phifer
cphifer@neology.net

About Shimmick: Shimmick, a top ten water and transportation contractor, is a trusted partner providing innovative, cost-effective solutions to meet unique operational and construction challenges. Shimmick has successfully delivered projects across the U.S. spanning nearly every civil market segment from bridges and rail transit to dams and wastewater treatment facilities. Working from coast to coast, Shimmick has more than 2,000 employees and is headquartered in Irvine, CA, with regional offices in Suisun City, CA, and Denver, CO.

Shimmick Media Contact
Tonya Sandman
tonya.sandman@shimmick.com

Carlsbad, Calif – June 21, 2023 – Neology, a global innovator that is [re]imagining mobility, today announced the acquisition of tapNpay Inc., the industry’s leading payment solution for underbanked and unbanked users, to expand their digital payment platform neoRIDE. The combined capabilities will make neoRIDE the Transportation industry’s most equitable alternate payment solution, increasing access to transportation services for all. The neoRIDE platform will serve tolling, parking, transportation services, road user charging, low emission zones, and more.

“With the addition of tapNpay’s patented features and talented team, neoRIDE becomes the only provider of a sustainable, equitable alternate payment solution that offers both a prepaid and postpaid solution, allowing consumers the flexibility to choose what is right for them,” says Neil Jadhav, Neology’s Chief Digital Officer and Mobility Platform General Manager. “We are excited about the future of neoRIDE for our teams, our customers, and ultimately the end users.”

neoRIDE’s payment service allows tagged or untagged toll road users to quickly register their vehicle’s license plates using texts from their mobile phones or through an application (app) downloadable from mobile app stores. Once registered, drivers can use the fast lanes on toll roads without having to stop to pay. The tolls are charged to either their pre-paid account, or postpaid with their choice of Credit/Debit card, Apple or Google Pay, PayPal, or ACH. Wherever a toll tag or license plate can be read, neoRIDE will simplify the payment process.

“Combining tapNpay’s capabilities with our user-friendly neoRIDE platform will reduce revenue leakage and create equitable access for our toll agency partners’ customers,” says Bradley H. Feldmann, Neology Chairman and CEO. “Additionally, this will allow anyone with a mobile phone to use toll roads, with or without a toll tag, with or without a bank account, through prepaid and postpaid options.”

Kenneth Plunk, CEO of tapNpay says “Neology is a trusted tolling system integrator and provider of essential technology for the tolling and vehicle enforcement industries. We are excited about the future this creates for tapNpay’s features, the team that develops it, and the consumers that benefit from it.”

According to the International Bridge, Tunnel and Turnpike Association (IBTTA), more than six billion trips are taken on U.S. toll roads each year. Approximately 20 percent of those trips are paid in cash or invoiced. As toll roads convert to all-electronic tolling, it is essential that additional payment tools are in place to facilitate users who cannot or will not invest in a physical tag. For those that have or will want a prepaid tag, expanded payment services like congestion charging and parking is the next logical step.

About Neology: Neology, Inc. is a global technology company headquartered in Carlsbad, California, with manufacturing and operations facilities in North America, Latin America, Europe, and Asia Pacific. We’re partnering with our customers to [re]imagine mobility by combining Artificial Intelligence with state-of-the-art tolling, automated vehicle identification and classification, data processing, and digital payment systems – all delivered with superior service. It’s our mission to help communities around the world enhance mobility, increase sustainability, improve safety, and generate increased revenue.

Neology Media Contact:
Catherine Phifer
cphifer@neology.net

Carlsbad, Calif. May 8, 2023: Neology today announced the hire of Lee Wilcox as Chief Financial Officer and newest Executive Leadership Team member. Wilcox brings over 25 years of experience as Chief Financial Officer for Private Equity (PE) and venture backed companies in the SaaS, medical device, and defense electronics industries.  

Wilcox is a strategic leader with success managing profit and loss, raising capital investment, and identifying and integrating acquisition targets. She spent the first decade of her career in Fortune 100 and 500 public companies and has experience developing best-in-class accounting and finance principles. Throughout her career she has successfully grown the bottom line of her companies through strategic planning, organic and inorganic development, and operational overhauls like Enterprise Resource Planning system implementation. 

“Lee has proven experience to help Neology achieve our future vision of global growth,” says Bradley H. Feldmann, Neology Chairman & CEO. “I am confident her proven expertise and diverse perspective will bring value to our customers, employees, and shareholders.” 

Wilcox joins Neology from Visual Communications Company, a 300-person PE backed manufacturing and components company where she drove sustainable growth and EBITDA improvement for 11 years. Prior to that, she served 10 Years as Chief Financial Officer and led the sale of PTI Marketing Technologies, a venture capital financed global provider of SaaS for online marketing automation solutions.  

“I am excited to join the Neology team at a time of significant growth and renewed customer focus,” said Wilcox. “Brad has been building a superior, values-driven leadership team that knows how to deliver. I look forward to further strengthening Neology’s competitive edge through financial and operational excellence.” 

Lee received her MBA from the University of San Diego’s Graduate School of Business and holds a bachelor’s degree in accounting from San Diego State University. She is a California Certified Public Accountant (CPA). 

About Neology: Neology, Inc. is a global technology company headquartered in Carlsbad, California, with manufacturing and operations facilities in North America, Latin America, Europe, and Asia Pacific. We’re partnering with our customers to [re]imagine mobility by combining Artificial Intelligence with state-of-the-art tolling, automated vehicle identification and classification, data processing, and digital payment systems – all delivered with superior service. It’s our mission to help communities around the world enhance mobility, increase sustainability, improve safety, and generate increased revenue.

Neology Media Contact:
Catherine Phifer
cphifer@neology.net

Carlsbad, CA, April 25, 2023: Neology today announced the launch of its refreshed website, www.neology.net, just one of many channels they will use to communicate about who they are and what they have to offer the world. They are [re]imagining mobility and a world that is connected by the way people move.  

 Neology will be exhibiting its latest technology solutions as a Partner at the Road User Charging Conference USA hosted in Miami, FL, (April 26-27) and as a Platinum Sponsor at the International Bridge, Tunnel, and Turnpike Association’s Technology Summit in Indianapolis, IN (April 29-May 2). Top Neology leaders will speak at both events on the topics of Climate Technology and Sustainability, Transformation in Roadside Solutions Concepts and Methodologies, and Road User Charging Lessons from Europe. Exhibit booths will offer attendees and customers the opportunity to see various technology demonstrations, including neoRIDE mobility payment platform, Clean Air Zones-as-a-Service (CAZaaS), multiprotocol reader technology, and more.  

Neology invites attendees at either show to visit their booth, meet Neology leaders, and learn about the changes driving Neology’s renewed approach to partnering, innovating, and delivering. 

“By consciously, intentionally clarifying who we are and what we have to offer the world, we are [re]defining ourselves as a values-driven brand that personifies partnership, trustworthiness, innovation, and reliability,” said Bradley H. Feldmann, Neology Chairman & CEO. “We want our customers to know that everything we do is to provide a better solution and experience for them and the communities they serve.” 

About Neology: Neology, Inc. is a global technology company headquartered in Carlsbad, California, with manufacturing and operations facilities in North America, Latin America, Europe, and Asia Pacific. We’re partnering with our customers to [re]imagine mobility by combining Artificial Intelligence with state-of-the-art tolling, automated vehicle identification and classification, data processing, and digital payment systems – all delivered with superior service. It’s our mission to help communities around the world enhance mobility, increase sustainability, improve safety, and generate increased revenue.

Neology Media Contact:
Catherine Phifer
cphifer@neology.net

CARLSBAD, Calif., April 24, 2023 (GLOBE NEWSWIRE) — Neology today announced that Neil Jadhav will present at the Road User Charging (RUC) Conference in Miami, Florida on April 26, 2023. His topic begins at 15:40 and will cover themes including: (1) Using RUC as a progressive environmental policy tool; (2) Harnessing user charges and the ‘polluter pays principle’ to reduce transport-sector emissions; and (3) Incentivizing mobility behavior change.

The Road User Charging Conference USA is an in-person industry conference that highlights the latest tolling technologies, road-usage charging projects, and intelligent transport systems being implemented across America. The two-day event is hosted in Miami, Florida from April 26-27 and brings together transportation professionals from US State Department of Transportations, MPOs, transit agencies, think tanks, lobbying groups, and alliances across the USA to share best practices, ideas, and information.

Attendees include US-based toll road operators, toll service providers, toll chargers, systems integrators, automotive manufacturers and suppliers, municipal councils, transportation and highways authorities, state and federal government, mobile telecom operators, telematics solutions providers, consultancies, device and equipment suppliers, technology companies, and mobility service providers.

“Neology is reimagining a world connected by the way we move,” says Neil Jadhav, Neology Chief Digital Officer & General Manager Mobility Platform. “The opportunity to exhibit, attend, and even speak at this event enables Neology to collaborate with industry experts and ultimately shape better solutions for our customers and the communities they serve.”

Neology invites you to visit their booth to view demonstrations on Clean Air Zones-as-a-Service (CAZaaS), our Denmark road user charging using our mobility platform neoRIDE, and to attend Jadhav’s session on April 26.

About Neology: Neology, Inc. is a global technology company headquartered in Carlsbad, California, with manufacturing and operations facilities in the United States, United Kingdom, and Mexico. Neology is [re]imagining mobility by combining Artificial Intelligence with state-of-the-art tolling, automated vehicle classification, data processing, and digital payment systems. It is our mission to help communities around the world enhance mobility, increase sustainability, and improve safety.

Neology Media Contact:
Catherine Phifer
cphifer@neology.net

Carlsbad, April 10, 2023 – Neology, a global innovator that is [re]imagining mobility, will be exhibiting at the International Bridge, Tunnel & Turnpike Association (IBTTA) Technology Summit Apr. 29-May 2 in Indianapolis, Indiana, USA.

“We’re excited to showcase how our solutions are transforming mobility around the world,” said Joe Averkamp, Senior Vice President at Neology. “We’re a unique company because we design and manufacture the technology and are also experts on system delivery and operation.”

Averkamp will be delivering a Tech Talk at the event, on the topic of climate technology and sustainability. His session is scheduled for Sunday, Apr. 30, 2023, at 3:30pm at the JW Marriott Indianapolis; his topic is titled “Saving the Highway Trust Fund and Improving Sustainability.”

Also representing Neology at the IBTTA Technology Summit will be Senior Solutions Architect Chris George. This panel discussion on Digital Transformation – A Data-Driven World: Transformation in Roadside Solutions Concepts and Methodologies, takes place at 4:00pm on Monday, May 1, 2023.

Neology invites IBTTA Technology Summit attendees to stop by booth 201/203/300/302 where they will be demonstrating several technology solutions including their Clean Air-as-a-Service (CAaaS) portfolio, ground-breaking multiprotocol reader, and neoRide, a mobile application which allows road users to plan, manage, and track their journeys.

“Neology has changed to better serve our customers,” said Bradley Feldmann, CEO of Neology. “We want those who attend the IBTTA Technology Summit to see that and leave with a new understanding of who we are and what we can do.”

Hosted by the Indiana Toll Road (ITR Concession Company), this year’s Summit will focus on the latest business and operational issues affecting the toll industry including tracks that will explore digital transformation, modernization of the back office, and customer-centric payment systems. General sessions will allow toll agencies to reflect on their technology challenges, while other sessions focus on innovations in sustainability to reduce the industry’s carbon footprint and technology solutions for improving transportation equity.

Neology is proud to be a Platinum Sponsor of IBTTA. Platinum Sponsors work with the IBTTA Board of Directors to set the agenda for IBTTA – and set the agenda for the entire tolling industry. As a group, the sponsors make up the Council of Platinum Sponsors (CoPS) where they provide guidance on emerging issues and support IBTTA’s year-round education programs, meetings, and events.

About IBTTA
The International Bridge, Tunnel and Turnpike Association (IBTTA) is the worldwide association for the owners and operators of toll facilities and the businesses that serve them. Founded in 1932, IBTTA has members in more than 20 countries on six continents. Through advocacy, thought leadership and education, members are implementing state-of-the-art, innovative user-based transportation financing solutions to address the critical infrastructure challenges of the 21st century. For more information, visit www.ibtta.org or follow us on Twitter @IBTTA.

About Neology: Neology, Inc. is a global technology company headquartered in Carlsbad, California, with manufacturing and operations facilities in North America, Latin America, Europe, and Asia Pacific. We’re partnering with our customers to [re]imagine mobility by combining Artificial Intelligence with state-of-the-art tolling, automated vehicle identification and classification, data processing, and digital payment systems – all delivered with superior service. It’s our mission to help communities around the world enhance mobility, increase sustainability, improve safety, and generate increased revenue.

Neology Media Contact:
Catherine Phifer
cphifer@neology.net

SAN DIEGO, April 06, 2023 — Neology today announced that Henrique Cordeiro had been appointed Vice President of Business Development for North America.

With over 15 years of experience in both consulting and business development, Cordeiro brings a unique passion to the table. He has focused on the tolling, mobility and Intelligent Transportation Systems (ITS) landscape for the past seven years. Combining his enthusiasm for leadership with success from prior projects, he has proven his ability to develop and expand business in critical markets.

“We look forward to growing our business under Henrique’s leadership,” said Bradley H. Feldmann, Neology Chairman & CEO. “His winning track record and knowledge of the global tolling and mobility space will be a key success factor for Neology’s long-term growth goals and a great addition to our team.”

Prior to joining Neology, Cordeiro served various private and public clients in multicultural and international environments during his tenure as Vice President of Sales for A-to-Be, where he grew the business exponentially with multiple contract awards and an established presence across different states.

“When I learned of Neology’s interest and the new leadership team they were forming, it seemed like a natural step to apply my industry expertise and help them grow the business,” said Cordeiro. “Neology’s strategic vision combined with its product portfolio seems to be the perfect match to become an industry reference that is expected to continue evolving in the next years. Neology is the place to be, and I’m thrilled with the opportunity to be part of it and help develop its success.”

Cordeiro earned a Bachelor of Science in Computer Engineering and an MSc in Information Systems from the University of Lisbon. He also completed executive courses in strategy and leadership at NYU. He is a 2020 leadership academy alumni of the International Bridge, Tunnel, and Turnpike Association (IBTTA) and has been involved with IBTTA since 2017 and MBUF Alliance (MBUFA) since 2021.

About Neology: Neology, Inc. is a global technology company headquartered in Carlsbad, California, with manufacturing and operations facilities in North America, Latin America, Europe, and Asia Pacific. We’re partnering with our customers to [re]imagine mobility by combining Artificial Intelligence with state-of-the-art tolling, automated vehicle identification and classification, data processing, and digital payment systems – all delivered with superior service. It’s our mission to help communities around the world enhance mobility, increase sustainability, improve safety, and generate increased revenue.

Neology Media Contact:
Catherine Phifer
cphifer@neology.net

SAN DIEGO, April 05, 2023  — Neology recently appointed John Miller as Vice President of Product & Technical Delivery, demonstrating its growth and commitment to tolling excellence.

Miller brings over 16 years of experience in building, deploying, and optimizing next-generation roadside, operational and commercial back-office solutions as a senior executive in product management and engineering.

“John is a key addition to the Neology team,” said Bradley H. Feldmann, Neology Chairman & CEO. “His extensive experience designing and deploying technology used on toll roads around the world will drive our culture of innovation further forward.”

As the former Vice President of Global Back Office Product Management for Kapsch TrafficCom, Miller was instrumental in designing and successfully deploying its major back-office solution. He also excelled as Director of Development and Product Management with Schneider Electric and Telvent/Caseta. Miller was integral in the development and delivery of industry-leading solutions for roadside and back office, including the first image/transponder-based trip building system, and a revolutionary multi-algorithm dynamic pricing system. In his role with Transurban, he guided the implementation and deployment of a new, cloud-native back office, as well as technology innovation pilots, full end-to-end tolling and traffic management solutions.

Miller has a B.A. in Computer Science, Summa Cum Laude from St. Edward’s University and an MBA, in IT Project Management from Western Governor’s University.

About Neology: Neology, Inc. is a global technology company headquartered in Carlsbad, California, with manufacturing and operations facilities in North America, Latin America, Europe, and Asia Pacific. We’re partnering with our customers to [re]imagine mobility by combining Artificial Intelligence with state-of-the-art tolling, automated vehicle identification and classification, data processing, and digital payment systems – all delivered with superior service. It’s our mission to help communities around the world enhance mobility, increase sustainability, improve safety, and generate increased revenue.

Neology Media Contact:
Catherine Phifer
cphifer@neology.net

San Diego, Dec. 15, 2022 – Neology, a global innovator that is re-imagining mobility for smart cities and safer communities, continues to strengthen its leadership team by adding Chris George as a Senior Solutions Architect for its U.S. Tolling Business. George will be instrumental in advancing Neology’s integrated Mobility Platform to address the industry’s biggest challenges in tolling and payments processing, including decreasing revenue leakage and reducing congestion with less friction for end users.

George was most recently with Texas Department of Transportation (TxDOT) where he served as Deputy Director of the Toll Operations Division and later as Toll Operations Planning Director. He brings over 30 years of experience in systems engineering and technology management including 16 years in the tolling industry.

“We are excited to have Chris join the Neology team,” said Bradley H. Feldmann, Neology Chairman & CEO. “He has served in roles in both the public and private sector and brings a deep technical expertise that can help upgrade our solutions. Given Chris’s experience at TxDOT, he has a unique customer perspective that will help propel Neology’s efforts to develop solutions that deliver superior benefits to our customers.”

George has delivered roadside and back-office systems in several regions and supported national interoperability efforts in the Central and Eastern United States. He previously worked at Xerox where he was a Solutions Architect responsible for developing back-office solutions and other technology platforms for the tolling market. In addition, George has held key technical roles at Cubic and Telvent. He earned a Bachelor of Science in Electrical Engineering from the University of Maryland and an MBA from Chaminade University of Honolulu.

About Neology: Neology, Inc. is a global technology company headquartered in Carlsbad, California, with manufacturing and operations facilities in North America, Latin America, Europe, and Asia Pacific. We’re partnering with our customers to [re]imagine mobility by combining Artificial Intelligence with state-of-the-art tolling, automated vehicle identification and classification, data processing, and digital payment systems – all delivered with superior service. It’s our mission to help communities around the world enhance mobility, increase sustainability, improve safety, and generate increased revenue.

Neology Media Contact:
Catherine Phifer
cphifer@neology.net