Porsche-Parking Robot Puts Valets on the Street

July 12 (Bloomberg) -- Boomerang Systems develops robotic valets that could spell the end of the human parking attendant. They market their parking technology as a cutting edge, space-saving approach to an antiquated system. Their president says it won't be eliminating jobs. It will be creating more technology-intensive opportunities for highly skilled labor. (Source: Bloomberg) --Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.