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EX-10.2 - GENERAL CONTINUING GUARANTY, DATED SEPTEMBER 29, 2017 AND EFFECTIVE ON OCTOBER 1 - Rekor Systems, Inc. | exhibit102generalcontinui.htm |
EX-10.1 - GENERAL CONTINUING GUARANTY, DATED SEPTEMBER 29, 2017 AND EFFECTIVE ON OCTOBER 1 - Rekor Systems, Inc. | exhibit101generalcontinui.htm |
EX-4.2 - CERTIFICATE OF DESIGNATIONS OF NOVUME SERIES B CUMULATIVE CONVERTIBLE PREFERRED - Rekor Systems, Inc. | exhibit42keystonecertific.htm |
EX-4.1 - REGISTRATION RIGHTS AGREEMENT, DATED OCTOBER 1, 2017, BY AND AMONG NOVUME SOLUTI - Rekor Systems, Inc. | exhibit41registrationrigh.htm |
8-K - PRIMARY DOCUMENT - Rekor Systems, Inc. | a8-k20171004globalmergerc.htm |
Novume Solutions, Inc. Acquires
Global Technical Services, Inc. and Global Contract Professionals,
Inc.
Acquisition is Novume's Entree into Staffing Industry
CHANTILLY, VA / ACCESSWIRE /
October 4, 2017 / Novume Solutions,
Inc. (OTCQX: NVMM; OTCQX:
NVMMP; OTCQX: NVMMW), a holding company of leading professional
services firms, announced today that effective October 1, 2017 it
acquired Global Technical
Services, Inc. and Global Contract Professionals,
Inc. (collectively
"Global") in a cash and stock transaction valued at $3.75 million.
Global consists of two privately-held, Fort Worth, Texas-based
companies under common ownership that provide contract and
direct-hire staffing services to the aviation maintenance,
aerospace, electronics, and defense industries. Additional
information regarding the transaction is available in our Current
Report on Form 8-K filed with the Securities and Exchange
Commission (the "SEC") on October 4, 2017, and also available on
the SEC
Filings page of the Novume
website.
The Global acquisition is Novume's first
acquisition and comes just weeks after Novume was formed through
the merger of KeyStone Solutions, Inc. and Brekford Traffic Safety,
Inc. Earlier in 2017, KeyStone acquired Firestorm Solutions,
LLC, a national leader in both
risk and crisis management, and in 2016, KeyStone
acquired AOC Key Solutions,
Inc., a firm specializing in
managing and writing proposals, winning contracts, and providing
market assessment services for government contractors.
Historically, Novume's subsidiary companies have helped their
clients win more than $160 billion of contracts. Novume is
expanding its suite of services to enable the company to help its
clients not only win work but perform it as
well.
The Benchmark Company, LLC acted as financial advisor to Novume for
the Global transaction.
About Novume Solutions, Inc.
Novume is a holding company of leading professional services firms.
These firms aggregate highly-specialized, difficult-to-find talent
and have the scale and systems to deploy that talent efficiently at
the enterprise-level at a moment's notice. Novume focuses on the
logistics of procuring highly-specialized human resources and
delivering critical definitive knowledge to the right place at the
right time. Whether we manage our client's workforce or provide
them with the tools to manage their own success, they need
exceptional people with distinctive experience. We do
that.
Novume subsidiaries have had a history of success dating as far
back as 1983 and their clients include 87 of the top-100 federal
contractors as well as numerous Fortune 100 companies.
For more information, please visit Novume.com.
About Global Technical Services, Inc. and Global Contract
Professionals, Inc.
Global has provided premier contract and direct-hire staffing
services to the aviation maintenance, aerospace, electronics, and
defense industries since 1989. With access to over 70,000 talented
professionals, Global's staffing solutions range from one-person
placements to 300-person requisitions in the US and abroad. The
company's state-of-the-art resume retrieval software allows for
responses with carefully screened and thoroughly verified
candidates within minutes of staffing requests. In-house drug
testing, background screening, and payroll services complement
Global's core staffing services. At Global - We are the
solution.
Global Technical Services specializes in providing the commercial
aviation and government aerospace industry with experienced
maintenance and modification specialists. Global Contract
Professionals expertise is in recruiting and placing experienced
aerospace engineering and design professionals in the world's most
prestigious engineering firms and government facilities. The
leadership at Global has over 100 years of combined experience at
their clients' disposal. Both Global Technical Services and Global
Contract Professionals are based in Fort Worth, Texas.
For more information, please visit TeamGlobal.com.
Forward-Looking Statements
This press release includes statements concerning Novume Solutions,
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. 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.
Contact:
Novume Solutions, Inc.
Carl Kumpf, CFO
info@novume.com
SOURCE: Novume Solutions,
Inc.