Waycare, A Rekor Subsidiary

Waycare, now part of Rekor Systems, Inc.(NASDAQ: REKR), is a cloud-based traffic management and transit solution. Waycare's core solution ingests troves of traffic data from navigation apps, city infrastructure, anonymized connected vehicles, weather forecasts, traffic detectors, and other sources. Through applying proprietary artificialintelligence (AI) algorithms and machine learning technology, Waycare provides actionable traffic safety insights and predictions, including real-time automated incident and irregular congestion detection, crash prediction and forecasting, and collaborative tools. Using Waycare, cities, municipalities, and traffic agencies have a greater understanding of their roads, and can identify areas of risk to concentrate mitigation efforts and proactive operations.