Rekor Systems announced it has signed a five-year licensing agreement with ParkSmart, Inc. for its iP360 Parking Ticket & Permit Management Software Suite. ParkSmart will first deploy the iP360 system within the City of Ottawa, enabling the city to manage and track parking tickets throughout the ticket lifecycle. iP360 creates seamless and efficient processes for registered owner information management, adjudication management, payment integration, letter creation, and reporting.