Market Overview

Neology Appoints Luis Cordova as Mexico Sales Director for ANPR/ALPR Division

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SAN DIEGO, Aug. 13, 2018 (GLOBE NEWSWIRE) -- Neology, Inc., a leading provider of Automatic Number/License Plate Recognition (ANPR/ALPR) solutions for law enforcement, open road tolling and other traffic monitoring activities, announced today the appointment of Luis Cordova as Mexico Sales Director for Neology's ANPR/ALPR division. Mr. Cordova officially joined the company on August 1, 2018.

Most recently Mr. Cordova served as AVP Public Sector and Corporate Sales for AT&T. Mr. Cordova brings 20 years' experience on business development and sales leadership to Neology and has significant familiarity with government technology deployments. Mr. Cordova will be responsible for ANPR/ALPR sales in Mexico, strengthening Neology's commitment to reinforcing public safety through ANPR/ALPR solutions.

"Luis is a professional with extensive experience in sales and establishing relationships with channel partners and government agencies in the Mexican market," says Mr. Martinez de Velasco, "as well as with international companies, such as DELL, Microsoft, Thales, Motorola and Cisco. Luis has participated in several Safe Cities initiatives where he drafted market strategies for strengthening public safety nets using the bottom up approach, which improved consistency at the local, city, state, and national levels.

"I have been working in SAFE CITIES projects for the last ten years and I have known PIPS as a key security enabler. This is undoubtedly the best vehicle recognition technology I have ever seen. At this stage of my career, I am really excited to join Neology, a company I have admired for its vision and incredible product development capabilities, willing to create a better future for all of our existing and future clients and the markets they serve," says Mr. Cordova.

About Neology:

Neology is a leading provider of integrated end-to-end solutions for the tolling, electronic vehicle registration and public safety markets. The company is a pioneer and leader in the development of passive RFID technology, owning some of the earliest and most significant intellectual property (IP) in the industry. For more information, visit www.neology.net.

Forward-Looking Statements:

All forward-looking statements contained in this press release are based on assumptions, planning, and forecasts at the time of publication of this press release. Forward-looking statements always involve uncertainties. Business and economic risks and developments, the conduct of competitors, political decisions, and other factors may cause the actual results to be materially different from the assumptions, planning, and forecasts at the time of publication of this press release. Therefore, Neology does not assume any responsibility relating to forward-looking statements contained in this press release. Furthermore, Neology does not assume any obligation to update the forward-looking statements contained in this press release.

Media Contact:

Mark McFarlin
Vice President International Sales
Phone: 858-391-0260 x1126
mmcfarlin@neology.net
www.neology.net

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