Rekor Systems CEO Robert A. Berman Issues Letter to Shareholders Outlining Strategic Business Plan

Letter Details Key Advancements in Intelligent Infrastructure, Municipal Projects, and Long-term Growth Opportunities

Rekor Systems, Inc. (NASDAQ:REKR) ("Rekor" or the “Company”), a global AI technology company with a mission to build safer, smarter, and more efficient cities through intelligent infrastructure, announced today that CEO Robert A. Berman, has issued a letter to shareholders recapping strategic business plans and recent advancements that have positioned the Company for future growth.

In the letter, Mr. Berman provides an assessment of the unwanted impact that heavy traffic and congestion have had across the United States and how Rekor’s solutions can quickly and efficiently address problems in a truly sustainable way. The letter also recaps an unbiased assessment of market of opportunities by KPMG, the launch of intelligent infrastructure projects across multiple states, and insight on a privacy filter developed by the Company that enables sensors to collect and analyze rich data sets that can be securely shared with multiple agencies for use in traffic management, incident response, planning, and maintenance functions.

Mr. Berman’s letter to shareholders details many commercial and public sector use cases where the strength of Rekor’s innovative products and solutions addresses clients’ many and diverse business problems. It highlights various business and development opportunities for Rekor’s AI software in traffic management and compliance that have allowed the company to develop a single unified platform that can execute 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 full attached to this press release and/or by visiting our website.

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 more efficient. 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.

Forward-Looking Statements

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