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Privacy Policy

Last Updated: June 19, 2025

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Introduction

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Parallel Systems, Inc., a Delaware corporation, with offices at 1245 Factory Place, Los Angeles, CA 90013("Parallel," "we," "us," or "our")respects your privacy and is committed to protecting the personal information you share with us. This Privacy Policy describes how we collect, use, share, and safeguard information when you visit our website athttps://moveparallel.com or interact with our autonomous rail vehicle services. Parallel markets and sells its products and services to business customers based in the United States; if you are visiting our site from elsewhere, your country’s data protection laws may not apply.

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Information We Collect

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Information You Provide to Us

We collect information you provide directly to us, including your name, email address, phone number, company information, and any messages or inquiries you submit through our contact forms or when requesting information about our services.

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Website Usage Information

We automatically collect certain information when you visit our website, including IP addresses, browser type, pages viewed, and interaction data through cookies and similar technologies. More information about cookies, with controls for enabling or disabling non-essential cookies, are provided by our cookie selector, which you will see the first time you visit our site and periodically. If you have made a selection, you can change it by clicking the blue cookie icon at the lower left-hand corner of our homepage. You can also use your browser to disable or delete cookies, though doing so might affect the functionality of our site.

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How We Use Information

We use the information we collect to:

·      Provide and improve our autonomous rail freight services

·      Respond to your inquiries and provide customer support

·      Ensure the safe operation of our autonomous vehicles

·      Comply with legal obligations and safety regulations

·      Conduct research and development to enhance our technology

·      Evaluate the effectiveness of our website and maintain website security

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Data Sharing and Disclosure

We do not sell your personal information. We may share information in the following circumstances:

·      With service providers who assist in our operations

·      When required by law or to protect safety

·      With your consent for specific purposes

·      In connection with business transfers or mergers

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Data Security and Retention

We implement appropriate technical and organizational measures to protect your information against unauthorized access, alteration, disclosure, or destruction. We retain personal information only as long as necessary to fulfill the purposes described in this policy or as required by law.

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Your Rights and Choices

You have the right, as provided by law, to :

• Access and update your personal information

• Request deletion of your personal information

• Opt out of marketing communications

• Contact us with questions about your data

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Contact Information

If you have questions about this Privacy Policy, please contact us at:

Email: legal@moveparallel.com

Address: 1245 Factory Place, Los Angeles, CA 90013

Parallel Systems enables railroads to serve new markets by converting freight from trucking to rail. We’re building automated, battery-electric, freight rail vehicles and the tools to integrate this service into railroad operations. We coexist with and complement existing freight rail service.

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