Remark Holdings, Inc. announced it has won the first phase of a rollout by the Rio De Janeiro police department to equip their existing police car fleet with license plate and facial recognition capabilities. The deployment, scheduled to be completed over the next 120 days, is a 30-month recurring revenue subscription contract valued at over $6 million. The current technical due diligence period, when passed, will immediately grant additional revenue opportunities for Phase 2 and Phase 3. Remark AI partnered with iProp.

Tech, a local Brazilian system integrator to execute and implement the requirements requested by the Rio De Janeiro police Department.