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8-K - PRIMARY DOCUMENT - Rekor Systems, Inc. | a8knovumebcm.htm |
Novume Solutions, Inc. Intends to Acquire BC Management,
Inc.
CHANTILLY, VA / ACCESSWIRE / October 23, 2017
/ Novume Solutions,
Inc. (OTCQX: NVMM; OTCQX:
NVMMP; OTCQX: NVMMW), a holding company of leading professional
services firms, announced today that it entered into a letter of
intent with BC Management,
Inc. which sets forth the
parties’ intent for Novume to acquire BC Management. BC
Management is a privately-held, Huntington Beach, CA-based company
that is internationally recognized as a leading executive search
firm for business continuity, disaster recovery, crisis management
and risk management professionals.
Should the acquisition take place, BC Management would become part
of Novume’s specialized crisis and risk management division
joining Firestorm Solutions,
LLC, a wholly-owned subsidiary
of Novume.
The transaction is subject to customary closing conditions
including satisfactory completion of due diligence, negotiation and
entry into definitive agreements and approval of the transaction by
the Novume board of directors.
Firestorm Solutions is a leading crisis and risk management firm
and America’s Crisis Coach®. Jim Satterfield,
Firestorm’s CEO, said “BC Management has a history of
providing unparalleled services in the highly-specialized personnel
staffing sector and is an industry leader in benchmarking and
analytics. They are a perfect match to join Firestorm and will
enhance our existing crisis and risk expertise across a wide
spectrum advisory services while strategically aligning with
Novume’s strategy to grow in the staffing industry. We are
eager for BC Management to join the Firestorm
team.”
Cheyene Marling, BC Management’s President, said
“We’re enthusiastic to join the Firestorm family of
Novume. At BC Management, no one is more important to us than the
people we serve and joining a growing and dynamic organization will
enable us to better create solutions and pursue new growth
opportunities.”
Novume continues to expand its suite of services to enable the
company to help its clients manage their workflow and people in the
most efficient manner with Novume’s end-to-end solutions for
both large and small companies.
Additional information regarding the transaction is available in
our Current Report on Form 8-K filed with the Securities and
Exchange Commission (the "SEC") on October 23, 2017, and also
available on the SEC
Filings page of the Novume
website.
About Novume Solutions, Inc.
Novume is a holding company of leading professional services firms.
These firms aggregate highly-specialized, difficult-to-find talent
and have the scale and systems to deploy that talent efficiently at
the enterprise-level at a moment's notice. Novume focuses on the
logistics of procuring highly-specialized human resources and
delivering critical definitive knowledge to the right place at the
right time. Whether we manage our client's workforce or provide
them with the tools to manage their own success, they need
exceptional people with distinctive experience. We do
that.
Novume subsidiaries have had a history of success dating as far
back as 1983 and their clients include 87 of the top-100 federal
contractors as well as numerous Fortune 100 companies.
For more information, please visit Novume.com.
About BC Management, Inc.
BC Management, Inc., founded in 2000, is an executive staffing and
research firm solely dedicated to the business continuity, disaster
recovery, risk management, emergency management, crisis management
and information security professions on a worldwide basis. As a
leader in specialized talent, BC Management provides contract and
direct-hire staffing services to crisis and risk industry while
supporting 60,000 business continuity, disaster recovery, crisis
management, risk management professionals from entry-level to
global executives in over 90 countries. Coupled with the staffing
expertise, BC Management is a recognized leader in business
continuity research with annual studies covering compensation
assessments, program maturity effectiveness, event impact
management reviews, IT/ resiliency and critical supply
analyses.
For more information, please visit bcmanagement.com.
Forward-Looking Statements
This press release includes statements concerning Novume Solutions,
Inc. and its future expectations, plans and prospects that
constitute "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
For this purpose, any statements that are not statements of
historical fact may be deemed to be forward-looking statements. In
some cases, you can identify forward-looking statements by terms
such as "may," "should," "expects," "plans," "anticipates,"
"could," "intends," "target," "projects," "contemplates,"
"believes," "estimates," "predicts," "potential," or "continue," by
the negative of these terms or by other similar
expressions. You are cautioned that such statements are
subject to many risks and uncertainties that could cause future
circumstances, events, or results to differ materially from those
projected in the forward-looking statements, including the risks
that actual circumstances, events or results may differ materially
from those projected in the forward-looking statements,
particularly as a result of various risks and other factors
identified in our filings with the Securities and Exchange
Commission. All forward-looking statements contained in this press
release speak only as of the date on which they were made and are
based on management's assumptions and estimates as of such date. We
do not undertake any obligation to publicly update any
forward-looking statements, whether as a result of the receipt of
new information, the occurrence of future events, or
otherwise.
# # #
Contact:
Novume Solutions, Inc.
Carl Kumpf, CFO
info@novume.com
SOURCE: Novume Solutions,
Inc.