Rekor Systems, Inc. (NASDAQ: REKR) (“Rekor”), a leading provider of innovative vehicle recognition systems, announced today the launch of NUMERUS™, its cloud-based solution designed to reduce costs and increase efficiencies for the electronic toll collecting (“ETC”) industry. Numerus™ easy to implement cloud-based solution costs less than 75 cents per thousand for greater than 5 million transactions per month.
Rekor Systems, Inc. (NASDAQ: REKR) (”Rekor”) announced today it has been selected by the Department of Defense (DoD) to provide automatic license plate recognition (ALPR) solutions. The contract with the DoD is for the purchase of 200 licenses to use Rekor’s machine learning-enabled vehicle recognition system, powered by our industry-leading OpenALPR software.
Rekor Systems, Inc. (NASDAQ: REKR) (“Rekor”), a leading provider of artificial intelligence and machine learning enabled automated license plate recognition systems, today announced several appointments to its senior leadership team. The appointments include Eyal Hen as Chief Financial Officer; Claud v.S. “Lex” Eley as Outside General Counsel; Charles Degliomini as EVP of Government Relations and Corporate Communications; and the promotion of Rod Hillman to Chief Operating Officer.
Rekor Systems, Inc. (NASDAQ: REKR)(“Rekor”) announced today the completion of its name change from Novume Solutions, Inc. (NASDAQ: NVMM), as announced on March 29, 2019. Effective as of today’s opening, the company will trade on the Nasdaq Stock Market under its new name and trading symbol: REKR.