LPR 2.0 product at the heart of DRN asset recovery solutions

Ft. Worth, Texas - July 18, 2012—Digital Recognition Network (http://www.drndata.com), the world leader in license plate identification, asset recovery solutions and fraud mitigation touts LPR 2.0 as the industry leading product when it comes to asset recovery solutions.

While license plate identification technology has become ubiquitous, LPR 2.0 automates and multiplies the process for asset recovery solutions that make recovery of vehicles happen quicker and more reliably.

“It‘s because LPR 2.0 allows the instant, simultaneous cross checking of multiple vehicle location report databases,” said Chris Metaxas, CEO of DRN. “There are other asset recovery solutions out there. But, this is the only one that lets you locate and then recover that asset in real time.”

Because LPR 2.0 operates in a vast network, recovery companies benefit from a network effect wherein assets are recovered more quickly and, as such, so is the asset‘s value. In fact, current LPR 2.0 users report that, when used along with their current efforts for asset recovery, they see a 7% to 10% uplift in their time asset value.

About DRN
Digital Recognition Network (DRN) is a data company exclusively focused on license plate identification, asset value preservation, fraud mitigation and on automotive data derived from license plate identification. By recovering, storing and grouping data on vehicle location, where vehicles go and who drives them, DRN is able to provide value to clients to help them make better, more profitable decisions while preserving asset value. An industry pioneer in vehicle asset location technology and asset recovery, DRN fuels a national network of more than 550 affiliates employing mobile license plate recognition technology that gathers the automotive data. Because this license plate identification technology is used in every major metropolitan area in the United States, DRN captures automotive data on up to 50 million vehicles each month. With more than three-quarter billion data points gathered to date, DRN has the largest vehicle location data base in existence. We are proud to maintain strict standards for privacy, compliance, and data integrity. For more information visit: http://www.drndata.com