New Contract to underpin Public Safety in Mexico

COLUMBIA, MD / ACCESSWIRE / January 12, 2023 / Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the "Company"), a global AI technology company with a mission to provide insights that build safer, smarter, and greener cities through intelligent infrastructure, announced today that a large state in Mexico has awarded a purchase order for the Company's vehicle recognition AI-driven roadway intelligence software and hardware solutions across 1800 locations.

The State will use Rekor partner IBANOR SA de C.V. ("IBANOR") to facilitate the installation of the Company's software and hardware solution over the next 12 months. "The ability to take an AI-driven approach to real-time, comprehensive situational awareness and predictive analytics to improve public safety across the country is critical to the safety and security of millions of Mexican citizens," said Alejandro Canales, CEO of IBANOR. "We are proud to work with Rekor for the largest vehicle recognition and roadway intelligence deployment in Mexico's history." Previously, the Company announced the City of Monterrey, Mexico, had purchased its hardware and software to increase the safety of its citizens and improve operational efficiencies

"We are delighted to significantly expand our footprint in Mexico with this partnership. Our AI and machine learning will process data at the edge and transforms unstructured HD video streams into valuable insights making our technology a true force multiplier," said Michael Dunbar, CRO, Rekor. "Our goal is to bring superior technology and product solutions to law enforcement agencies across the country and worldwide to help protect and improve the lives of everyday citizens. This substantial contract proves that we landed and expanded our business in Mexico."

About Rekor Systems, Inc.

Rekor Systems, Inc. (NASDAQ:REKR) is a trusted global authority on intelligent infrastructure providing innovative solutions that drive the world to be safer, smarter, and greener. As a provider of comprehensive, continuous, and real-time roadway intelligence, Rekor leverages AI, machine learning, and holistic data to support the intelligent infrastructure that is essential for smart mobility. With its disruptive technology, the Company delivers integrated solutions, actionable insights, and predictions that increase roadway safety. To learn more, please visit our website: https://rekor.ai, and follow Rekor on social media on LinkedIn, Twitter, and Facebook.

Forward-Looking Statements

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Media & Investor Relations Contact:
Rekor Systems, Inc.
Charles Degliomini
ir@rekorsystems.com

SOURCE: Rekor Systems, Inc.