US Patent Issued to MODAXO ACQUISITION USA on Oct. 7 for "Computer-implemented system and method for offering merchant and shopper-friendly parking reservations through tourist privileges" (California, Maryland, District Of Columbia Inventors)

ALEXANDRIA, Va., Oct. 8 -- United States Patent no. 12,437,640, issued on Oct. 7, was assigned to MODAXO ACQUISITION USA INC. (Canada).

"Computer-implemented system and method for offering merchant and shopper-friendly parking reservations through tourist privileges" was invented by Mark Jeffrey Stefik (Portola Valley, Calif.), Alan G. Bell (Los Altos, Calif.), Craig Eldershaw (Belmont, Calif.), Lance E. Good (Gaithersburg, Md.), Daniel H. Greene (Sunnyvale, Calif.), Francisco Eduardo Torres (San Jose, Calif.), Serdar Uckun (Palo Alto, Calif.) and David Preston Cummins (Washington).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented system and method for offering merchant and shopper-friendl...