Rekor Systems appoints CEO Robert Berman as Executive Chairman

– USA, MD –  Rekor Systems, Inc, (Nasdaq: REKR), a Maryland-based company providing real-time roadway intelligence through AI-driven decisions, announced today that James K. McCarthy has retired as the Chairman of the Board of Directors effective immediately. The Board appointed the president and CEO Robert Berman as its Executive Chairman.

“Jim McCarthy served the Board and the Company with character and dignity during a period of extraordinary transformation for the Company. We are grateful for the selfless service and unmatched knowledge he brought to the Rekor Systems Board of Directors. His wisdom and experience will be missed, and we wish him well in his retirement,” said Lead Director, Paul de Bary. “We are pleased to welcome Robert Berman as Board Chairman. He is a highly experienced executive who brings a proven track record and strategic vision to the Executive Chairman’s position. We look forward to benefiting from his insights and perspectives as we continue to execute our strategy to drive growth and value for our shareholders.”

About Rekor Systems, Inc.

Rekor is a Maryland-based company providing real-time roadway intelligence through 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 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.

For more information: https://www.rekor.ai

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