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, announced today it has sold its wholly owned subsidiary AOC Key Solutions, Inc (“AOC Key Solutions”). Current members of AOC Key Solutions management will purchase the company for $4 million.
Unmatched Levels of Accuracy
Our software upgrades any IP, traffic, or surveillance camera into a vehicle recognition solution that can be used for realtime alerting of license plates. Not only does the software read a license plate number, but it also provides vehicle type, make, and color, something the competitors cannot do. And at over 99% accuracy, you’d be hard-pressed to find a plate we can’t read!