STOCK TITAN

Pennsylvania District Attorney’s Office Signs Rekor to Provide Vehicle Recognition Across Agencies

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Rekor Systems has secured a $525,000 contract to install 30 cameras across five law enforcement jurisdictions in Dauphin County, Pennsylvania.

The project aims to enhance vehicle recognition capabilities and will span five years. This initiative seeks to improve public safety by allowing rapid identification of vehicles involved in violent crimes. The engagement is part of Rekor's ongoing collaboration with approximately 75 police and safety agencies.

Positive
  • Secured a $525,000 contract for installing 30 cameras over five years.
  • Enhances vehicle recognition capabilities to support public safety.
  • Strengthens partnerships with five different law enforcement jurisdictions.
Negative
  • None.

Rekor Will Install 30 Cameras Across Dauphin County

COLUMBIA, Md., Oct. 22, 2020 (GLOBE NEWSWIRE) -- Rekor Systems, Inc, (REKR) (“Rekor”) (the “Company”) a Maryland-based company providing real-time roadway intelligence through AI-driven decisions, today announced that the Dauphin County, Pennsylvania, District Attorney’s Office has chosen Rekor to provide vehicle recognition services to support five different law enforcement jurisdictions.

The engagement, which totals $525,000 over five years, includes 30 new edge cameras and one in-vehicle Automatic License Plate Recognition (ALPR) system. It will expand Dauphin County’s existing capabilities and add a second angle to 20 existing cameras.

“Our top priority is keeping our residents safe while being good stewards of taxpayer dollars,” said Fran Chardo, Dauphin County District Attorney. “Rekor’s technology allows us to do both. We intend to use this technology to quickly identify the perpetrators of violent crime. When a violent crime occurs, we will use this technology to identify any suspect vehicle and where it went.”

Five jurisdictions in Dauphin County will begin using Rekor technology: Derry Township, Harrisburg City, Lower Paxton Township, Susquehanna Township, and Swatara Township.

“Working with the District Attorney’s office will allow Rekor technology to expand beyond just law enforcement, to encompass other agencies, such as Child Services for example,” said Robert Berman, Rekor CEO. “Automatic vehicle recognition can be a force multiplier and we’re excited to enable Fran and his team with this technology.”

Rekor will begin installing cameras in Dauphin County this month. This engagement continues the momentum Rekor has seen in its partnerships thus far with approximately 75 police and public safety agencies.

About Rekor Systems, Inc.

Rekor (Nasdaq: REKR) is a Maryland-based company providing real-time roadway intelligence through AI-driven decisions. Rekor provides commercial and government customers with actionable, real-time vehicle recognition data to enable informed decisions to be made faster and provide better outcomes. Rekor is transforming industries like Public Safety, Customer Experience and Smart Cities in more than 70 countries across the globe with smarter, quicker, cost-competitive vehicle recognition solutions for security, revenue discovery and recovery, public safety, electronic toll collection, brand loyalty, parking operations, logistics, and traffic management. We use the power of artificial intelligence to analyze video streams and transform them into AI-driven decisions by our clients. Our machine learning software can turn most IP cameras into highly accurate and affordable vehicle recognition devices used to help protect lives, increase brand loyalty and enhance operations and logistics, without the need to install expensive new infrastructure. We make what was once considered impossible, possible. To learn more please visit our website: https://rekor.ai.

Forward-Looking Statements

This press release includes statements concerning 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. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. For this purpose, any statements that are not statements of historical fact may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” by the negative of these terms or by other similar expressions. You are cautioned that such statements are subject to many 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, particularly as a result of various risks and other factors identified in our filings with the Securities and Exchange Commission. Important factors that could have such a result include a decline or weakness in general economic conditions, an outbreak of hostilities, the ongoing pandemic and responses thereto related to COVID-19, a decline or volatility in the securities markets or regulatory changes or other adverse developments with respect to the markets for the Company’s products and services or an inability to obtain adequate financing. All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management’s assumptions and estimates as of such date. We do not undertake any 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.

 

FAQ

What is the value of the contract Rekor secured for Dauphin County?

Rekor secured a $525,000 contract to install 30 cameras in Dauphin County.

How many jurisdictions in Dauphin County will use Rekor's technology?

Rekor's technology will be used by five jurisdictions in Dauphin County.

What is the purpose of the cameras being installed by Rekor?

The cameras aim to enhance vehicle recognition capabilities for law enforcement to quickly identify suspect vehicles in violent crimes.

When will Rekor begin installing the cameras in Dauphin County?

Rekor will start installing the cameras in Dauphin County this month.

Which company provides the vehicle recognition services in Dauphin County?

Rekor Systems, Inc. provides the vehicle recognition services in Dauphin County.

Rekor Systems, Inc.

NASDAQ:REKR

REKR Rankings

REKR Latest News

REKR Stock Data

89.58M
87.98M
6.15%
50.95%
17.64%
Software - Infrastructure
Communications Equipment, Nec
Link
United States of America
COLUMBIA