Eric Brown and his brother Ian Brown have been in the parking garage and car rental industry since 1979 when they started in the family operated business. 60 en-us Experienced Executives Solve a Dilemma For Financial Institutions New York City, NY eminent 16, 2011 Progeny Consulting Group, Inc., through brothers and partners Eric and Ian Brown, has long-drawn-out its service mix to encompass Parking engineering Property Valuation and Appraisal services for individuals and pecuniary institutions."Our engineering has experienced rapid growth larger than the past decade," commented Progeny President Eric Brown. "Based on the 2010 delve into report of IBISWorld, the parking sector in the US consisted of approximately 7,000 firms generating larger than $7.5 billion in annual revenues in 2009." Brown continued, "The report indicates that the overall size of the parking industry, counting public parking lots, was in excess of $30 billion in 2010 with more than 35,000 parking structures representing larger than 5,000,000 spaces in the United States."Yet all of this growth has made valuation and appraisal of Parking engineering conveniences and leases very difficult to formulate. "Ian and I realized that there were few eligible appraisers for the industry," Eric commented, "when an appraiser asked us to consult on prices on quite a lot of conveniences involved in a family tree struggle upon the death of their father. Such valuations are far more than unfussy real estate and cash flow-based formulas," Eric continued, "and our experience in the engineering made the advancement of this new service a natural for our company."Eric Brown and his brother Ian Brown retain been in the parking garage and car rental engineering since 1979 when they on track in the family tree operated business. The two learned all aspects of the business counting serving as parking attendants, managing day after day operations, plus the marketing, pecuniary and consulting aspects of the company. The business operated 20 parking conveniences and 7 car rental conveniences with a fleet in excess of 500 vehicles. In 1992, Eric and his brother Ian on track their own successful venture in the parking garage industry, called Smart Parking. By 1996 they had 28 garages and 3 car rental locations. By 1999 they operated larger than 70 parking conveniences doing $35 million in revenue. Today, the two, through their Progeny Consulting Group, endow with consulting services for public entities counting management, organization, control systems, technology, infrastructure and now parking engineering valuation and appraisal services.For further information on Progency Consulting Group, contact Eric Brown at 646-649-5591 Wed, 17 Aug 2011 22:25:33 -0600 Stephen F. Molinari, Chairman & CEO Mr. Molinari whom order be responsible for the capital raising requirements of the Company as well as all marketing and promotion initiatives has more than 23 years of live through in the pecuniary services industry with well-known investment banking firms such as Dean Witter and Smith Barney (both identified in our day as Morgan Stanley). He has served as Chairman & CEO of Molinari Capital, LLC, a hush-hush merchant-banking stiffen that specialized in advising emerging growth companies on capital raise-ups, mergers and acquisitions, securing strategic alliances and broad-spectrum pecuniary advisory services. Mr. Molinari has worked on a wide range of transactions in the consumer products, software, technology, retail, franchising, and media investment industries. He has been instrumental in raising substantial amounts of capital, collectively through debt and equity, to further the business plans of many of his clients. Mr. Molinari has the biggest part recently founded and managed various hush-hush and public companies in the digital media and database marketing industries whom go to go to work with Fortune 500 industry giants as well as on political campaigns and with Government Agencies. Mr. Molinari received his B.A. step in Marketing starting Pace University in 1988. Eric S. Brown, President Mr. Brown, whom order be responsible for identifying, vetting and negotiating all leasehold contracts as well as overseeing financial scheduling and management, has been in the parking garage and car rental engineering since 1979 where he on track in his family operated business. Mr. Brown learned all aspects of the small production including serving as a parking attendant, managing every day operations, marketing, financial and consulting. The small production operated 20 parking amenities and 7 car rental amenities with a fleet in intemperance of 500 vehicles. In 1992, Eric and his brother Ian (below) raised in intemperance of $7 million dollars from private investors to start their own successful venture in to the parking garage industry, called Smart Parking. By 1996 they had 28 garages and 3 car rental locations with in intemperance of 300 vehicle and then raised an additional $20 million dollars to repay the previous investors and put to use $12.5 million to be inflicted with in intemperance of 30 parking amenities just one year later. By 1999 they operated in intemperance of 70 parking amenities doing $35 million in revenue and in intemperance of $8 million in EBITDA. In 2001 they sold the visitors for in intemperance of $45 million dollars. In 2005 Eric and Ian on track a new parking venture which they in spite of the whole thing operate successfully today. Ian D. Brown, Cheif Operating Officer Mr. Brown, whom willpower be in charge for the day to day overall operations including, but not limited to, rate structure to expansions and supervising and keeping fit staff, has been in the parking garage engineering since 1989 after attending Brooklyn College. He on roadway in his family operated business which operated 20 parking conveniences and 7 car rental conveniences with a fleet in surfeit of 500 vehicles. In 1992, Ian and his brother Eric (above) raised in overkill of $7 million dollars on or after private investors to start their own successful venture in to the parking garage industry, called Smart Parking. By 1996 they had 16 garages and in with the aim of case raised an additional $20 million dollars to repay the previous investors and put to use $12.5 million to involve yourself in of in overkill of 30 parking conveniences and 3 car rental locations with in overkill of 300 vehicles lately one year later. By 1999 they operated in overkill of 70 parking conveniences doing $35 million in revenue and in overkill of $8 million in EBITDA. In 2001 they sold the theater company for in overkill of $45 million dollars. In 2005 Ian & Eric on roadway a new parking venture which they even now operate successfully today. Paul Pierorazio, Director of Operations & Biz Dev Mr. Pierorazio, whom willpower assist in the each day operations of the business as well as business development initiatives, has extensive management live on or after in the beginning to last and has been in the parking industry in look on of the fact that 1998. Paul has operated larger than 60 locations and willpower lend a hand oversee all operations on or after rate structures to growth expansions. Paul willpower television all employees and supervisors and lend a hand train the staff. He willpower be actively implicated with the day-to-day operations and handle all payroll duties. He has been with NV One, LLC in look on of the fact that inception, which controlled 17 parking facilities in Manhattan and previously was with Smart Park on or after 1998 on or after in the beginning to last 2005. In 1994, Paul received his Bachelor Associate's degree on or after Fordham University.Sun, 14 Aug 2011 22:25:33 -0600