This inventor holds 1 USPTO granted patent. Top assignee: Qonaar Corporation. Active years: 1977.
Company Filing History:
Years Active: 1977
Title: Steve Malott - Innovator in Parking Meter Technology
Introduction
Steve Malott is an accomplished inventor based in Schaumburg, IL (US). He is known for his innovative contributions to the field of electronic parking meters. With a focus on enhancing the efficiency and functionality of parking systems, Malott has made significant strides in this area.
Latest Patents
Malott holds a patent for a coin-operated electronic parking meter. This invention features a storage memory and two sets of counters. When coins are inserted, signals are generated to load a selected number into the first set of counters. The second set counts up while the first set counts down to zero. Once the first set reaches zero, the meter shifts to a timing mode, where the second set counts down at a rate of one count per minute. When the second set reaches zero, a flag is tripped, indicating that the parking meter is in overtime. This innovative design aims to maximize revenue and improve user experience.
Career Highlights
Steve Malott is currently associated with Qonaar Corporation, where he continues to develop and refine his inventions. His work at the company reflects his commitment to advancing technology in the parking industry.
Collaborations
Due to space constraints, the details of collaborations will not be included.
Conclusion
Steve Malott's contributions to the field of electronic parking meters demonstrate his innovative spirit and dedication to improving urban infrastructure. His patent for a coin-operated electronic parking meter showcases his ability to blend technology with practical applications.