Rekor Systems CEO Robert A. Berman Issues Letter to Shareholders Prior to Scheduling 2020 Annual Meeting

Letter Highlights Completion of Company’s Enhanced Suite of Vehicle Identification Offerings and Significant Revenue Opportunities

Rekor Systems, Inc. (NASDAQ:REKR)("Rekor"), a Maryland-based company providing real-time roadway intelligence through AI-driven decisions, announced today that Robert A. Berman, its President and CEO, has issued a letter to shareholders with an update on its business in advance of setting a date for its next shareholder meeting.

In the letter, Mr. Berman provides shareholders with updates on recent Company progress, including completion of the development of an enhanced suite of vehicle identification offerings that are already making a profound difference in the customer experience, public safety and smart cities markets that it serves.

The letter also highlights the various business and development opportunities for Rekor’s AI software in retail, public safety and intelligence—all of which are in advanced stages and represent significant revenue opportunities for the company.

This summary of the letter 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 investors page.