US Patent Issued to IP3 2024, SERIES 924 OF ALLIED SECURITY TRUST I on March 25 for "Multimodal vehicle routing system and method with vehicle parking" (Israeli Inventor)

ALEXANDRIA, Va., March 26 -- United States Patent no. 12,259,250, issued on March 25, was assigned to IP3 2024, SERIES 924 OF ALLIED SECURITY TRUST I (Princeton, N.J.).

"Multimodal vehicle routing system and method with vehicle parking" was invented by Gil Emanuel Fuchs (Nes Tziona, Israel).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method is provided that creates a multimodal transportation routing that originates using a road-based vehicle which then requires parking. Parking is not necessarily near the destination, but is determined based on user preferences and specification of the relative importance of speed of travel and monetary cost and/or safety. Other factors can also influence the...