COLUMBIA, Md.--(BUSINESS WIRE)--Rekor Systems, Inc. (NASDAQ:REKR), a Maryland-based company providing real-time roadway intelligence through AI-driven decisions, announced today that Robert A. Berman, its President and CEO, has issued a letter to shareholders with an update on its business in advance of setting a date for its next shareholder meeting.
In the letter, Mr. Berman provides shareholders with updates on recent Company progress, including completion of the development of an enhanced suite of vehicle identification offerings that are already making a profound difference in the customer experience, public safety and smart cities markets that it serves.
The letter also highlights the various business and development opportunities for Rekor’s AI software in retail, public safety and intelligence—all of which are in advanced stages and represent significant revenue opportunities for the company.
This summary of the letter is not intended to be complete, and the Company urges its shareholders and other interested parties to read the letter in full attached to this press release and/or by visiting our website.
About Rekor Systems, Inc.
Rekor (Nasdaq: REKR) is a Maryland-based company providing real-time roadway intelligence through AI-driven decisions. Rekor bridges commercial and government sectors with actionable, real-time vehicle recognition data to enable informed decisions faster, and with greater outcomes. 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. We use the power of artificial intelligence to analyze video streams and transform them into AI-driven decisions by our clients. Our machine learning software can turn most IP cameras into highly accurate and affordable vehicle recognition devices used to help protect lives, increase brand loyalty, and enhance operations and logistics, without the need to install expensive new infrastructure. We make what was once considered impossible, possible. To learn more please visit our website: https://rekor.ai.
