# Neology

> Neology builds and operates electronic tolling and vehicle-identification systems for transportation agencies, road concessionaires, law enforcement and commercial fleets. Its offering combines RFID tags and readers, AI-assisted cameras, back-office software, payments and customer service, with a growing emphasis on long-term managed operations.

- **Founded:** 1993
- **Headquarters:** Carlsbad, United States
- **Founders:** Francisco Martinez de Velasco (Founder and former CEO)
- **Products:** neoPass, neoRead 7204, neoBOSS, neoForce, neoClass
- **Notable:** Acquired 3M tolling and automated license-plate recognition business in June 2017., Added Shimmick TOMS in July 2023 and P Square Solutions in September 2024., Announced approximately US$120 million ten-year Georgia SRTA systems integration contract in July 2024.

## Products & services

- **neoPass** — RFID toll transponders including windshield stickers, switchable HOV tags and external plate tags.
- **neoRead 7204** — Multi-protocol RFID transponder reader; the neoRead name is also used for image review and identification technologies in the US 36 deployment announcement.
- **neoBOSS** — Cloud-based operational and commercial tolling back-office software for transactions, accounts, trip building, interoperability and reporting.
- **neoForce** — AI-enabled roadside vehicle identification and automatic license-plate recognition technology.
- **neoClass** — Vehicle detection and classification using IDRIS, overhead LiDAR or hybrid configurations.
- **neoCare / TOMS** — Customer care, account management, tolling operations and maintenance services.
- **neoFleet** — Fleet toll and violation management, vehicle enrollment, transaction aggregation, billing and reconciliation; launched September 2026.
- **Road safety and enforcement** — Vehicle-recognition systems for speed and traffic enforcement, police, access control and road-user charging.

## Achievements

- Acquired 3M tolling and automated license-plate recognition business in June 2017.
- Added Shimmick TOMS in July 2023 and P Square Solutions in September 2024.
- Announced approximately US$120 million ten-year Georgia SRTA systems integration contract in July 2024.
- Launched managed PeakPass tolling across 17 US 36 tolling locations in September 2026.
- Company reports over 200 granted and pending patents.

## Latest updates

- **2026-10** — Announced the September 14 go-live of PeakPass tolling-as-a-service on US 36.
- **2026-09** — Announced neoFleet deployment across Avis Budget Group brands including Avis, Budget, Payless, Budget Truck and Zipcar.
- **2026-09** — Launched neoFleet for commercial fleet toll and violation management.
- **2026-08** — Publicized strategic cloud and cybersecurity partnership with Bespin Global.

## Links

- Website: https://neology.com/
- LinkedIn: https://www.linkedin.com/company/neology-inc/
- Twitter/X: https://twitter.com/NeologyInc

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Profile page: https://yespress.io/neology
Published by YesPress — https://yespress.io
Last updated: 2026-10-25
