Denverites Can Now Pay for Parking Via Cell Phone; Park-by-Phone System Available in Second U.S. City Rollout

DENVER--June 3, 2004--The company that makes and sells the Denver Boot has a new way to help you avoid getting one: a system that lets you pay for parking at meters and lots by using your cell phone.

The first-of-its-kind parking system is being formally launched in Denver on Friday, June 4, by Denver-based Clancy Systems International -- a publicly traded company (OTCBB:CLSI) that supplies a variety of parking-enforcement services. The Park-by-Phone payment program will be inaugurated at 12 downtown lots managed by AMPCO System Parking, with more than 50 to be added eventually.

Complimentary LaMar's Donuts and Dazbog Coffee -- both Denver-based companies -- will be provided at a Park-by-Phone demonstration at the AMPCO System Parking lot at 18th and Broadway from 7 to 8:30 a.m.

Anyone who enrolls in Park-by-Phone either online or by calling a toll-free number can avoid the hassle of stuffing coins, bills, tokens or credit cards into parking meters, boxes and machines. Here's how it works:

1. Sign up at www.Park-By-Phone.com for an annual membership costing $5.95.

2. Print a temporary ID card from your computer and place on your car dash. A permanent hanger for your rear-view mirror will be mailed to you.

3. Pay for parking each time by calling 888-310-PARK and entering the lot or meter number, which are visibly marked on bright yellow signs.

An added convenience of Park-by-Phone is members can remotely add more time to a parking meter that is about to expire by calling the toll-free number or accessing the Web site. When paying by cell phone, members are instantly recognized by callerID, eliminating the need to enter a membership number -- customers need only enter a PIN and lot number.

A convenience fee of 10 percent is added to the parking charge. In return, each annual subscriber receives a monthly bill via e-mail or regular mail, offering the advantages of paying once for a month of parking and receiving a detailed expense record.

"We believe this program could be as much of a milestone as the introduction of the parking meter in 1935 and the Denver Boot in 1953 -- but with one big difference," said Stanley Wolfson, Clancy president. "Park-by-Phone gives an advantage to drivers. Parking is easier because they no longer have to fumble for the right coins or bills."

The program was first implemented in January at California State University at Fresno, where 5,780 parking places are available to Park-by-Phone users. In addition, Clancy Systems has agreements with off-street lot operators, transit authorities and municipalities to launch the program this year in Los Angeles, Atlanta, Tampa and Puerto Rico.

Parking-enforcement officers can validate Park-by-Phone payments through a cell phone call or use of a specially programmed personal digital assistant (PDA) furnished by Clancy. The company returns all revenue generated by Park-by-Phone to the owner of the parking space minus the 10-percent convenience fee.

This press release contains projections and other forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. These projections and statements reflect the company's current views with respect to future events and financial performance. No assurance can be given, however, that these events will occur or that these projections will be achieved and actual results could differ materially from those projected as a result of certain factors. A discussion of these factors is included in the company's periodic reports filed with the Securities and Exchange Commission.