Neology

Neology Acquires Shimmick’s Transportation Operations & Management Solutions Business to Augment Tolling Operations and Strengthen Core Capabilities

Retrieved on: 
Monday, July 17, 2023

CARLSBAD, Calif., July 17, 2023 (GLOBE NEWSWIRE) -- 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.

Key Points: 
  • CARLSBAD, Calif., July 17, 2023 (GLOBE NEWSWIRE) -- 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.
  • The combination of Neology’s integrated solutions and Shimmick’s operations expertise positions Neology to better serve customers and road users.

Shimmick Hones Strategy on Critical Infrastructure Business With Sale of O&M Division to Neology

Retrieved on: 
Monday, July 17, 2023

This strategic transaction allows Shimmick to further focus its efforts on growing its core infrastructure business while ensuring the continued success of its transportation O&M division under Neology's ownership.

Key Points: 
  • This strategic transaction allows Shimmick to further focus its efforts on growing its core infrastructure business while ensuring the continued success of its transportation O&M division under Neology's ownership.
  • “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 unprecedented potential for growth and innovation,” said Steve Richards, President & CEO of Shimmick.
  • “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 is [re]imagining mobility by combining Artificial Intelligence with state-of-the-art tolling, automated vehicle classification, data processing, and digital payment systems.

Neology Acquires tapNpay Inc. to Expand Its Mobility Digital Payment Solution neoRIDE

Retrieved on: 
Wednesday, June 21, 2023

Carlsbad, California, June 21, 2023 (GLOBE NEWSWIRE) -- 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.

Key Points: 
  • Carlsbad, California, June 21, 2023 (GLOBE NEWSWIRE) -- 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.
  • Wherever a toll tag or license plate can be read, neoRIDE will simplify the payment process.

Lee Wilcox Joins Neology Leadership Team as Chief Financial Officer

Retrieved on: 
Monday, May 8, 2023

CARLSBAD, Calif., May 08, 2023 (GLOBE NEWSWIRE) -- Neology today announced the hire of Lee Wilcox as Chief Financial Officer and newest Executive Leadership Team member.

Key Points: 
  • CARLSBAD, Calif., May 08, 2023 (GLOBE NEWSWIRE) -- 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.
  • “Lee has proven experience to help Neology achieve our future vision of global growth,” says Bradley H. Feldmann, Neology Chairman & CEO.
  • “I am excited to join the Neology team at a time of significant growth and renewed customer focus,” said Wilcox.

Neology Is [Re]Imagining Its Business with a Values-Driven Approach to Partnering, Innovating, and Delivering

Retrieved on: 
Tuesday, April 25, 2023

They are [re]imagining mobility and a world that is connected by the way people move.

Key Points: 
  • They are [re]imagining mobility and a world that is connected by the way people move.
  • 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.
  • 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.
  • “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.”

Neology’s Chief Digital Officer Presents Industry Lessons at Road User Charging Conference USA

Retrieved on: 
Monday, April 24, 2023

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.

Key Points: 
  • 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.
  • “Neology is reimagining a world connected by the way we move,” says Neil Jadhav, Neology Chief Digital Officer & General Manager Mobility Platform.

Learn How Neology is Helping Communities around the World at the IBTTA Technology Summit 2023

Retrieved on: 
Monday, April 10, 2023

SAN DIEGO, April 10, 2023 (GLOBE NEWSWIRE) -- Neology, a global innovator that is [re]imagining mobility, will be exhibiting at the International Bridge, Tunnel & Turnpike Association (IBTTA) Technology Summit Apr.

Key Points: 
  • SAN DIEGO, April 10, 2023 (GLOBE NEWSWIRE) -- Neology, a global innovator that is [re]imagining mobility, will be exhibiting at the International Bridge, Tunnel & Turnpike Association (IBTTA) Technology Summit Apr.
  • “We’re excited to showcase how our solutions are transforming mobility around the world,” said Joe Averkamp, Senior Vice President at Neology.
  • 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.
  • Platinum Sponsors work with the IBTTA Board of Directors to set the agenda for IBTTA – and set the agenda for the entire tolling industry.

Henrique Cordeiro Joins Neology as Vice President of Business Development for North America

Retrieved on: 
Thursday, April 6, 2023

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

Key Points: 
  • SAN DIEGO, April 06, 2023 (GLOBE NEWSWIRE) -- 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.
  • 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.

Industry Leader John Miller Joins Neology as VP of Product & Technical Delivery to Advance Neology’s Tolling Solutions Roadmap

Retrieved on: 
Thursday, April 6, 2023

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

Key Points: 
  • SAN DIEGO, April 05, 2023 (GLOBE NEWSWIRE) -- 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.
  • 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.

BeautyFarm Med, the largest provider of traditional beauty services in China Successfully Listed on the Main Board of SEHK

Retrieved on: 
Tuesday, January 17, 2023

The stock price of BeautyFarm Med reached HK$30.5 at its debut today, representing an increase of 57.9% over the offer price.

Key Points: 
  • The stock price of BeautyFarm Med reached HK$30.5 at its debut today, representing an increase of 57.9% over the offer price.
  • BeautyFarm Med is the largest provider of traditional beauty services and the fourth largest non-surgical aesthetic medical service provider in China with a market share of 0.2% and 0.6%, respectively, as measured by revenue in 2021 and according to Frost & Sullivan.
  • The Company provides overall beauty and health management services through its well-established and widely recognized brand portfolio of BeautyFarm, Palaispa, CellCare and Neology.
  • The service offerings of the Company cover traditional beauty services, aesthetic medical services as well as subhealth assessment and intervention services, across the full client lifecycle.