TIBA Parking announces acquisition of its US distributor Signature Controls Systems, and the appointment of Mr. Jon Bowsher as the new President of TIBA Parking North America

TIBA Parking has acquired Ohio-based Signature Control Systems, a leading integrator of TIBA Parking systems. Jon Bowsher has been appointed as the new president of TIBA North America.

TIBA, a market leader in innovative parking solutions in North America, has exhibited extraordinary growth in past several years, and is aiming to increase its market presence with the acquisition of Signature Control Systems. TIBA's exceptional growth and success will be fortified by the addition of Signature Control Systems, offering even greater operational excellence to partners and customers. Together, TIBA Parking and Signature Control Systems will expand geographically and target additional market segments.

Signature Control Systems, specializing in the distribution, installation and support of vehicle Access Control Systems, Parking Access and Revenue Control Systems (PARCS) has been successful in many vertical markets. Recent significant wins by Signature Control Systems, as a TIBA Parking partner, include major US airports, hotel chains, municipalities and some of the US largest universities. Signature Control Systems will continue to operate autonomously as a TIBA Parking reseller.

TIBA Parking is also proud to announce the appointment of Jon Bowsher as the new president of TIBA North America. Jon Bowsher’s management experience at Signature Control Systems, as well as his extensive knowledge of the parking industry, make him an invaluable executive who is expected to lead TIBA Parking in its rapid growth in the Americas.

"TIBA's acquisition of SCS was a move toward increasing our already impressive growth. The exceptional service and operational excellence of SCS combined with TIBA’s superior equipment and technology means we are now even better positioned to serve our current and future customers." said Moshe David, TIBA Parking CEO. “I am also happy to welcome Jon Bowsher to our executive team. I am confident that his experience and management style will lead us to substantial success.” “The entire SCS team is thrilled for the opportunity to join the rapidly growing TIBA organization. I am confident that the SCS focus on the customer, combined with the manufacturing and technology excellence of TIBA, will provide an unmatched solution in the marketplace.” says Jon Bowsher, President, TIBA Parking North America and former CEO Signature Controls Systems. “I am honored to have been chosen to lead TIBA in the US. TIBA is ahead of the market in technology and execution, and together we will undoubtedly impact our customers’ satisfaction.” Jon added.

About TIBA Parking

TIBA Parking is a global market leader providing innovative parking solutions that are geared to help operators monetize their parking assets. Customers from diverse industries, such as Airports, Universities, Shopping Centers, Municipalities, Medical Centers, among others can benefit from a wide range of solutions that are built with exceptional and intuitive design and craftmanship. TIBA parking is focused on clients’ efficiency and profitability, maximizing ROI in less time. TIBA's extensive dealer network serves the US and Canadian markets, Australia, Europe Africa and Asia. For more information about TIBA Parking Systems, please visit the company’s website.

About Signature Control Systems

Signature Control Systems was founded in 1987 and is based in Columbus, Ohio. SCS specializes in the distribution, installation and support of Vehicle Access Control Systems, Parking Access and Revenue Control Systems (PARCS). Signature Control Systems has maintained a customer-focused approach with its regional offices in Ohio, West Virginia, Pennsylvania, Indiana and Michigan, while maintaining remote technicians in strategic areas to ensure customer and repair services.

Press Contact:

Debbie Schuval
TIBA Parking
Debbie.schuval@tibaparking.com
www.tibaparking.com

John Bambey
Signature Control Systems
jbambey@signaturecontrols.com
www.signaturecontrols.com/