Rekor Systems, Inc. Appoints Steven D. Croxton as Member of the Board
June 20, 2019 at 01:36 pm
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On June 19, 2019, the Board of Directors of Rekor Systems, Inc. appointed Steven D. Croxton as a member of the Board, with such appointment to take effect immediately. Mr. Croxton is expected to serve on the Boards Audit Committee and Compensation Committee. In connection with Mr. Croxtons appointment the Board voted to increase the size of the Board to eight members, and appointed Mr. Croxton to fill the resulting vacancy. Mr. Croxton, age 52, is Managing Director of Rice, Voelker, LLC and has more than 30 years experience in investment and commercial banking. During his career, Mr. Croxton has been involved in financing and advisory transactions totaling more than $35 billion for a variety of public and private corporations. He has previously served on the Board of Directors of Peninsula Gaming, LLC, and has held leadership roles with responsibilities related to investment, corporate, and international banking.
Rekor Systems, Inc. is engaged in developing and implementing roadway intelligence systems using artificial intelligence (AI) and machine learning. The Company delivers mission-critical traffic and engineering services. It collects, connects and organizes mobility data, and makes it accessible and useful to its customers for real-time insights. Its comprehensive portfolio of products and services offers multiple Internet of things devices for roadside data collection, an array of curated and integrated data sets from a network of transportation ecosystem data providers, as well as platforms, applications, and data streams that have been tailored for use. Its solutions support diverse use cases, data-driven traffic operations and traffic management, real-time incident detection and response, and high-definition video traffic surveillance. Its subsidiaries include Rekor Recognition Systems, Inc., Waycare Technologies, Ltd., Southern Traffic Services, Inc. and All Traffic Data Systems.
REKOR SYSTEMS, INC. 
