Company Description
Smartpark Systems Solutions, Inc. traces its roots back to the early 90’s Mitech Corporation, a subsidiary of Integrated Microelectronics, Inc. of the Ayala Group of Companies. Founded as an electronic company designing and manufacturing Filipino microprocessor-based products, especially Parking Management Systems, Mitech Corporation’s business was acquired by Borromeo Technology Holdings, Inc. (BTHI) in 1994. The business model of Mitech was continued by BTHI until 2004 when two new companies, Smartpark Systems Solutions, Inc. and Mitech Systems Solutions, Inc., with new shareholders, acquired the businesses of BTHI.
