Business plan

Rekor Systems (REKR) CEO Sends Letter to Shareholders and Outlines Strategic Business Plan


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Rekor Systems, Inc. (NASDAQ: REKR), a global artificial intelligence technology company whose mission is to build safer, smarter, and more efficient cities through intelligent infrastructure, today announced that CEO Robert A. Berman has published a letter to shareholders summarizing the strategic business plans and recent advances that have positioned the company for future growth.

In the letter, Mr. Berman provides an assessment of the adverse impact that heavy traffic and congestion have had across the United States and how Rekor’s solutions can quickly and effectively solve the problems in a truly sustainable way. The letter also recaps an unbiased market assessment of opportunities by KPMG, the launch of smart infrastructure projects in several states, and an overview of a privacy filter developed by the company that allows sensors to collect and analyze sets. of rich data that can be securely shared with multiple agencies for use in traffic management, incident response, scheduling, and maintenance functions.

Mr. Berman’s letter to shareholders details numerous use cases in the commercial and public sector where the strength of Rekor’s innovative products and solutions address customers’ many and diverse business issues. It highlights various business and development opportunities for Rekor’s AI software in traffic management and compliance that has enabled the company to develop a single unified platform capable of performing multiple client missions and represent significant revenue opportunities for the company.

This summary of the January 2022 letter to Rekor shareholders is not intended to be complete, and the Company urges its shareholders and other interested parties to read the letter in its entirety, which is referred to in this press release. and/or by visiting his website.

About Rekor Systems, Inc.

Rekor Systems, Inc. (NASDAQ:REKR) is a trusted global authority on intelligent infrastructure providing innovative solutions that make the world safer, smarter and more efficient. As a provider of comprehensive, continuous, and real-time road intelligence, Rekor leverages AI, machine learning, and holistic data to support intelligent infrastructure critical to smart mobility. Through its disruptive technology, the company provides integrated solutions, actionable insights and predictions that increase road safety. To learn more, visit our website: https://rekor.ai.

Forward-looking statements

This press release and its links and attachments contain statements regarding Rekor Systems, Inc. and its future expectations, plans and prospects that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended. , and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the impact of Rekor’s core suite of AI-powered technologies and the market size of global LPR systems. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. For this purpose, any statement that is not of historical fact may be deemed to be a forward-looking statement. In some instances, you can identify forward-looking statements by words such as “may”, “should”, “expect”, “plan”, “anticipate”, “could”, “intend”. of”, “target”, “projects”, “”intends”, “believes”, “estimates”, “predicts”, “potential” or “continues” by the negative form of these terms or by other similar expressions. you are cautioned that such statements are subject to numerous risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements, including the risks that actual circumstances, events or results may differ materially from those projected in the forward-looking statements, including as a result of various risks and other factors identified in our filings with the Securities and Exchange Commission. esse speak only as of the date they were made and are based on management’s assumptions and estimates as of that date. We undertake no obligation to publicly update any forward-looking statements, whether as a result of the receipt of new information, the occurrence of future events or otherwise.

Contact with Investor Relations:
Rekor Systems, Inc.
Charles Degliomini
[email protected]

Media Contact:
Robin Bectel
REQ for Rekor
[email protected]

THE SOURCE: Rekor Systems, Inc.

See the source version on accesswire.com:
https://www.accesswire.com/686206/Rekor-Systems-CEO-Robert-A-Berman-Issues-Letter-to-Shareholders-Outlining-Strategic-Business-Plan


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