The purpose of the company is the development, operation and distribution of hardware and software, including camera and sensor technology, as well as the provision of related services, particularly in the field of parking management. The company may also enter into any transactions and agreements that directly or indirectly serve the company's purpose or are directly related thereto. The company may grant loans or other financing to its direct or indirect parent company and to its or their direct or indirect subsidiaries, and provide security of any kind for liabilities of such other companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether for consideration or not. The company may establish branches and subsidiaries in Switzerland and abroad and acquire, hold, manage and dispose of real property.