FOR IMMEDIATE RELEASE

For More Information, Contact:

Gina M. Dunn, Marketing Coordinator
WorldWide Parking Inc.
Phone: 301-984-8844
Fax: 301-984-8855
gdunn@wwparking.com


WorldWide Parking Signs Dominican Republic Parking Contract


ROCKVILLE, MD – April 18, 2003 - WorldWide Parking Inc., a premier parking privatization and smartcard company, today announced that an agreement has been signed to install and operate a full on-street parking system for the City of Santo Domingo in the Dominican Republic.


Under this 20-year contract, with a 20 year extension, approximately 6,000 spaces will be installed and managed by WorldWide Parking Inc. In accordance with the contract, the onstreet parking system of Santo Domingo will include equipment purchase, installation, maintenance, collection, auditing, enforcement, ticket processing, smartcard program, and a residential parking permit program. The implementation team is currently working in Santo Domingo and looks forward to this opportunity for success in the Dominican Republic.

WorldWide Parking Inc., with offices in the United States, South Korea, Mexico, Poland, and now the Dominican Republic, is the premier supplier of management for on and off-street parking systems. WorldWide Parking Inc. operates privatized state-of-the-art electronic parking systems, advanced smartcard systems, traffic control solutions and many other related services for municipalities, universities and hospitals on a global basis. For more information, visit WorldWide Parking’s website at www.wwparking.com.

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