Rekor Systems, Inc. (REKR) (“Rekor”), a Nasdaq company focused on bringing smarter, faster, cost-competitive solutions to the worlds of public safety and customer experience, announced today it has signed a five-year licensing agreement with ParkSmart, Inc. (“Parksmart”) for its cutting edge iP360 Parking Ticket & Permit Management Software Suite.
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!