News & Videos - NOVUME SOLUTIONS INC.

CHANTILLY, VA / ACCESSWIRE / March 29, 2019 / Novume Solutions, Inc . (NASDAQ: NVMM) announced today that its Board of Directors approved changing the company's name to Rekor Systems, Inc. The planned name change is a result of the company's recent acquisition of assets of OpenALPR Technology, Inc. and increased focus on technology products and services. The company recently renamed its subsidiary from Brekford Traffic Safety, Inc. to Rekor Recognition Systems, Inc . The line of hardware and...

Company Acquires Leading Vehicle Recognition System Software CHANTILLY, VA / ACCESSWIRE / March 13, 2019 / Novume Solutions, Inc . (NASDAQ: NVMM) announced today it has completed its acquisition of substantially all of the assets of OpenALPR Technology, Inc . ("OpenALPR"). OpenALPR founder and Chief Technology Officer Matt Hill will join Novume as Chief Science Officer, effective immediately. The completed acquisition comes as OpenALPR's AI-powered vehicle recognition software continues to...

Now has signed agreements covering over 9,000 cameras throughout North America, Europe, South America and Asia BOSTON, MA / ACCESSWIRE / January 22, 2019 / OpenALPR Technology, Inc ., a company that develops software for automatic license plate and vehicle recognition systems, announced that paid contracts for its artificial intelligence-based LPR solutions now cover over 9,200 cameras as the company achieved further penetration of the global vehicle recognition system market which is expected...

First Sight is already protecting approximately 240,000 students in two U.S. states ATLANTA, GA / ACCESSWIRE / January 10, 2019 / Firestorm Solutions, Inc., a Novume Solutions, Inc . (NASDAQ: NVMM) company, announced today the national launch of its First Sight ™ program, a proactive approach to preventing violence in schools. First Sight is already active in two U.S. states, protecting approximately 240,000 students across school districts in over 930 public schools. First Sight is a...

ATLANTA, GA / ACCESSWIRE / December 20, 2018 / Firestorm Solutions, LLC, a Novume Solutions, Inc . (NASDAQ: NVMM) company, announced today that it has named Jason Russell as President of the Company. Russell will lead both Firestorm Solutions, LLC and Firestorm Franchising, LLC effective December 28, 2018. Russell served previously as the Chief Security Officer and Executive Vice President of Firestorm Solutions' security operations and has led the growth of that business group since joining the...

Robert A. Berman, through Avon Road Partners L.P., purchased more than 4.3 million shares CHANTILLY, VA / ACCESSWIRE / December 12, 2018 / Novume Solutions, Inc . (NASDAQ: NVMM) announced today that its CEO, Robert A. Berman, has exercised an option to purchase 4,318,857 shares of Novume common stock. The transaction was executed on December 10, 2018 at a purchase price of $0.5155 per share. Berman made the purchase on behalf of Avon Road Partners L.P., of which he is the general partner....

Testing documented 545 violations during 14 hours of enforcement HANOVER, MD / ACCESSWIRE / December 5, 2018 / Brekford Traffic Safety, Inc. (''Brekford''), a subsidiary of Novume Solutions, Inc. (NASDAQ: NVMM) a holding company of leading specialty professional services and technology firms, today announced it has successfully concluded field tests of its Argos Guardian™ slow down/move over enforcement technology in Ohio. The testing was completed in cooperation with law enforcement agencies...

Company to Add Market-Leading AI Technology and Robust Customer Roster As it Continues Disruption of the $4.25B Vehicle Recognition Market CHANTILLY, VA / ACCESSWIRE / November 15, 2018 / Novume Solutions, Inc . (NASDAQ: NVMM), a holding company of leading specialty professional services and technology firms, announced today that it has executed a definitive agreement to acquire OpenALPR Technology, Inc. (OpenALPR). As part of the agreement and upon closing, OpenALPR founder and Chief Executive...

CHANTILLY, VA / ACCESSWIRE / November 13, 2018 / Novume Solutions, Inc . (NASDAQ: NVMM), a holding company of leading specialty professional services and technology firms, announced today financial results for the third quarter ended September 30, 2018. ''2018 is the first year in which we have been able to release consolidated results for all the companies currently in the Novume group. We are encouraged by the continued quarter-over-quarter increases in our top-line revenue and reductions in...

CHANTILLY, VA / ACCESSWIRE / November 6, 2018 / Novume Solutions, Inc . (NASDAQ: NVMM), a holding company of leading specialty professional services and technology firms, announced today it has appointed David Hanlon to its Board of Directors, effective immediately. Hanlon will replace Dr. Marta Tienda, who resigned from the Board of Directors effective November 5, 2018. Hanlon is a founding principal of strategic advisory and asset management firm Executive Hospitality Partners and CEO of...

Latest version includes seamless video recording and data analytics for law enforcement; At 99.02%, Version 2.6 achieves accuracy beyond human levels BOSTON, MA / ACCESSWIRE / October31, 2018 / OpenALPR Technology, Inc., a company that develops automatic license plate and vehicle recognition software, announced that it has released a major upgrade to its OpenALPR software solution.In addition to remarkable accuracy, Version 2.6 offers new features that include seamless video recording, data...

CHANTILLY, VA/ ACCESSWIRE / October 29, 2018 / Novume Solutions, Inc. (NASDAQ: NVMM) (the "Company"), a holding company that integrates technology and human capital to solve client challenges in today's complex world, today announced the pricing of an underwritten public offering of 4,125,000 shares of common stock at a public offering price of $0.80 per share. The estimated gross proceeds to the Company are expected to be approximately $3,300,000 prior to deducting underwriting discounts,...

Novume Infrastructure to Support OpenALPR's Rapid Growth CHANTILLY, VA / ACCESSWIRE / October 11, 2018 / Novume Solutions, Inc . (NASDAQ: NVMM), a holding company that integrates technology and human capital to solve client challenges in today's complex world, announced that effective October 10, 2018, Novume and OpenALPR Technology, Inc. (OpenALPR) entered into a management services agreement (MSA) whereby Novume will provide services to support the continued growth of OpenALPR's platform....

Market Expected to Reach $4.25B by 2023; Industry-Leading Technology Supports Existing Relationships with Government, Educational and Commercial Markets CHANTILLY, VA / ACCESSWIRE / October 9, 2018 / Novume Solutions, Inc . (NASDAQ: NVMM), a holding company that integrates technology and human capital to solve client challenges in today's complex world, announced the launch of its second product using an advanced vehicle identification system and commented on its intent to disrupt the vehicle...

Disruptive Artificial Intelligence-based Software Application Enables Automated License Plate Reading Using Nearly Any IP Camera System CHANTILLY, VA / ACCESSWIRE / September 20, 2018 / Novume Solutions, Inc. (NASDAQ: NVMM) a holding company that integrates technology and human capital to solve complex client challenges in today's world, announced today that effective September 17, 2018, it entered into a binding letter of intent with OpenALPR Technology, Inc. (OpenALPR). The letter of intent...