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8-K - FORM 8-K - Rekor Systems, Inc. | rekr_8k.htm |
Exhibit 99.1
Rekor Systems Files Petition to Obtain Identity of Short Sellers
Behind Recent False and Misleading Posts
COLUMBIA, Md. – July 14,
2021 – Rekor Systems, Inc. (NASDAQ: REKR) (“Rekor” or
the “Company”), a provider of real-time roadway,
customer and public safety intelligence to enable AI-driven
decisions, today announced that it has filed a petition in
New York State court to obtain the identity of certain anonymous
short sellers who have disseminated false and misleading
information about the Company. These false and misleading postings
have led to the filing of at least one frivolous and baseless
lawsuit against the Company, Miller v. Rekor Systems, Inc. et al.
(21-cv-1604), in the United States District Court for the District
of Maryland, which the Company will vigorously contest. For more
information, please review the petition, which is available here:
https://rekor.co/ny-state-court-petition.
About Rekor Systems, Inc.
Rekor (Nasdaq: REKR) provides real-time, customer and public
safety intelligence to enable AI-driven decisions. Rekor bridges
commercial and government sectors with actionable, real-time
vehicle recognition data to enable informed decisions faster, and
with greater outcomes. Rekor is transforming industries like Public
Safety, Customer Experience, and Smart Cities in approximately 80
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.
Contact:
Media:
Robin Bectel
REQ for Rekor Systems, Inc.
rekor@req.co
Investors:
Bulent Ozcan
Rekor Systems, Inc.
ir@rekor.ai