Our technology empowers prominent businesses, cities, and departments to effectively deal with evolving needs. Rekor bridges commercial and government sectors with actionable, real-time vehicle recognition data to enable faster, better informed decisions with greater outcomes. The redesigned OpenALPR.com sales channel gives quick access to both hardware and software vehicle intelligence solutions that enhance operations, automate tasks, and increase community safety. Rekor Systems, Inc. (REKR) ("Rekor") ("Company"), a Nasdaq company focused on bringing smarter, faster, cost-competitive solutions to the worlds of smart cities, public safety and customer experience, acknowledged today it has received an offer of $4M to purchase its subsidiary AOC Key Solutions. Rekor Systems Completes Major Debt Retirement Rekor is now substantially debt-free following the retirement of approximately $4.9 million in debt. All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management's assumptions and estimates as of such date. Pennsylvania District Attorney's Office Signs Rekor to Provide Vehicle Recogn.. Tennessee Police Department Selects Rekor to Improve Community Safety, Rekor Announces Revolutionary New Roadway Intelligence Platform, Chairman, President & Chief Executive Officer. … Something went wrong while submitting the form. The Company’s Board of Directors announced last year that it was planning to sell subsidiaries that are no longer core to the strategic direction of the Company. Rekor is transforming industries like Public Safety, Customer Experience, and Smart Cities in more than 70 countries across the globe with smarter, quicker, cost-competitive vehicle recognition solutions for security, revenue discovery and recovery, public safety, electronic toll collection, brand loyalty, parking operations, logistics, and traffic management. In more than 70 countries worldwide, Rekor is providing actionable, real-time insights to improve the way industries handle customer experience, operational efficiencies, public safety, and roadway intelligence. Your submission has been received! Thank you! With a client-base that includes the United States Department of Defense, Swedish Customs, major metropolitan cities, local law enforcement agencies, and more, Rekor's real-time intelligence helps municipalities and communities become smarter and more efficient while deterring and solving crimes. The sale of TeamGlobal removes the last remaining asset from the Company’s professional services segment. September 17, … Thank you! In some cases, you can identify forward-looking statements by terms such as "may," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," or "continue," by the negative of these terms or by other similar expressions. Sign up to receive company updates and investor information. Rekor recently announced a new contract with the Department of Defense for additional licenses for its vehicle recognition software to use with DOD’s existing cameras. Current members of AOC Key Solutions management will purchase the company for $4 million. Cities, counties and state agencies can derive actionable insights from a single source with the Rekor One platform and effectively fulfill their missions.

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