OpenALPR Acquired By Mysterious Novume

******* *********** **** ******** ** Novume, * ******* ********* unknown ** *** ********.

***** ***** *** ******* ********* (*** *** directory), ******** ** **** known *** *** **** source ****** + ***** LPR *******.

** **** ****, ***** on *** ***** ******************* ************************ *** ************* ****, ** **** ** the *********:

• ***** ** *** ****
• *******
• **-**-****** ********
• *** ****** ** *** what **** *** ****** to **
• ****** *****
• ****** *******
• ******** *******
• ****** **********

[***************]

Terms ** *** ****

********-***** *************** *** **** ** March ******* ~$** ******* ********* ** a ******** ****** **** the ***, **** *** ***** release ****** ****** ******** "additional ******* *******":

** ******* *** *********** and ******* ********** ******* capital, ****** ****** $** million ** ****** ******* promissory ***** ** * consortium ** ******* *******.

*** **** ******** * combination ** ****, *****, and *****, ********* ** sources ***** ** *** company.

************, **** **** **** would ********** **** **** to ****** ** *** company's *** ***** ******* Officer ***** ** ***** help ****** ********** ** a ******-****** ********** *******, the ******* ********* ** IPVM ****:

*** ** **, *** Matt *** * **** understanding ** *** ** make ***** ************ ****. We **** ** *** technology ** **** *** products ******. **** **** help **** **** ********** to * ****** ****** technology *******.

OpenALPR *******

** ******** ********'* ******* is ** *** *** to *** ****** ***** millions, ****** *** ******* declined ** *******. ******* close ** *** ******* said *** ******* *** growing *** **********, ***** is ********** ***** ***** small **** (***** ** employees). *** ************ *** mention "********’* ******* ***** recognition (“***”) ******** *** increased ** **** *,*** cameras". *******, *** *** of ***** ******* *** on ***** **** ** unknown *** **** ***** from **** ** $** per ***** ** * one **** $*** *******.

************ ***** ********** * **** ****.

*******

***** ****** **** ***** were ****** ***** ** adjust ********* *****, **** would *** ********* ** increases ** *********, *** provide * *********.

******** ********* *** * few ********* *****—**-******* ****,***** ******,***** ***, ********** ***** ******. ****** ***** **** a *******-******* **** ******* to $**/******/***** ** $*** per ***** *** *** cloud *** ********** ********.

Go-to-market ********

******** *** ************* **** available ** *** ***** directly *** *********** *******. ****** **** ***** were ** ***** ** change *** ***** ** this ****.

About ******

****** ** * ******** traded ******* ******* **** has **** ********* / rolling ** ******* ******-****** focused ********* **** *** past *** *****. *** company **** **** **** 120 ********* *** ********* own * ***** *********, including:

• ********* ******* ******, * ******** ** automated ******* ****** *********** solutions, ******* *********** ******** collections, *** ****** ********** equipment ********* *** ****** safety ********.
• ****** ****** ******, * ******** *** integrator ** ****** ****** vehicle ********** ********* ** municipalities, *** ** ********, and ***** ******* *** public ********.
• *** *** *********, * ********** **** focused ******** ***********, ******* planning, *** ****** ********** services *** ******* ******** for ********** *********.
• ********* *********, * ****** ********** consulting ****.
• ****** ********* ********, * ********* ******** company **** ******** *********** support ** *** *** and ********* ********.
• ****** ******** *************, * ******** ****** that ****** ********* ************* and *********** *** *********** facilities

******** **** **** **** portfolio *** ********'* **** says ** **** ******* opportunity:

*** ** ***** ************ is *********. **** ***** a ****** ** ********* products. **** **** ***** **** ********** ****’** ****** *** to. ** ******** **** over ****. ****** ***** partnerships. * *** *** potential *** **** *******. Plus ******'* ******* *** was ***** *********** *******, so ***** *********** **** help ** ***** ** as ****.

Risky ********

****** **** **** *****. The ******* *** * market ************** ** **** ~$14 ******* *** *** its ***** ****** ** less **** $* *** share, ******* *********** ***** after *** *********** ************.

***** ****** ************** ****** in **** **** ** ~$100 ******* ***, ****** is **** **** **** 80% ***** ****.

Financials **** ******

******* ******* ** **** Novume *** *** ****** its ** **** **********. However, ********* ** ******, ***** ******* *** on **** *** ~$** million *** **** **** a *** **** ** ~10% ** *** ******* below *****:

*** ***** ***** ******** the ******* *** ****** and *********' ******** ***** the ********* ** ******* these ********** ***********.

Future **********

****** **** **** ***** forward, *** ******* ***** focus ** ******* *** business *** ******* ** the ******** ********. **** said **** *** ***** Science ******* **** ***** undertake * ****** ** pursuits **** *** *** of ********** ** ******* the ******** ******** *** would **** ****** ** some *** ********:

**** **** ** ****** out **** * *** version ** *** ******** in *** ******, ****** we ***'* **** * definite ********* ** ****. That **** **** *********** improvements.

*******

** ** **** *** us ** ***** * clear *******. ***** ******** sits ** * ******* trend *** ***** * different ******** ** **** LPR *********, ****** ** embarking ** * *********** and ***** ******** ****** all ** ***** *********.