Auto recovery leader and disruptive LPR technology to transform industry
OLDSMAR, Fla. – April 29, 2015 —PlateSmart Technologies, the industry leader in License Plate Recognition (LPR), today announced an exclusive licensing agreement with PRA Location Services, a business of PRA Group (Nasdaq: PRAA), to provide LPR technology for PLS’ repossession and recovery services nationwide.
PlateSmart partnered with PRA Location Services (PRALS) as the exclusive licensee to the repossession and recovery vertical because of PRALS’ leading position in the auto recovery market, its financial stability as part of a public company, and its substantial nationwide system deployment commitment.
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