Canopy Partners With Silvercar

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 23, 2014) - Parkit Enterprise Inc. (TSX VENTURE:PKT)(PINKSHEETS:PKTEF) is pleased to announce that the Canopy Airport Parking Facility ("Canopy") has partnered with Silvercar, the all-Audi airport car rental service. Canopy will host Silvercar's Denver-based rental fleet which begins taking reservations for Denver International Airport ("DIA") today.

Silvercar is offering a competitive $59/day introductory rate for a fully-loaded Audi at DIA.

DIA is ranked the fifth busiest airport in the US. Silvercar currently operates out of Los Angeles International (LAX), San Francisco International (SFO), Dallas Fort-Worth International (DFW), Dallas Love-Field (DAL), Austin-Bergstrom International (AUS), Phoenix Sky Harbor International (PHX) and Miami International (MIA).

The relationship with Silvercar is expected to result in an increase to Canopy's bottom line and provides for exciting cross-marketing opportunities.

To learn more about Silvercar or to make a reservation, visit silvercar.com or download the Silvercar app.

ON BEHALF OF THE BOARD

Rick Baxter, CEO

About Parkit:

Parkit Enterprise Inc. is a listed private equity real estate company that acquires and aggregates income-producing real estate in the parking sector.

www.parkitenterprise.com & www.canopyairportparking.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.