OMNIQ continuous selection by one of the most demanding defense authorities thanks to its superior “battle proven” performance.- Winning features included patented make and color recognition combined with outstanding accurate License Plate Recognition (VRS including LPR).
- Awarded project, located in one of the most sensitive spots worldwide, designed for Terror Prevention.
OMNIQ team expanded AI capabilities to crowd management and high occupancy vehicles (HOV).
The project includes the deployment of hundreds of AI based sensors and software with powerful computers to provide vital real time performance. OMNIQ’s safety system is a groundbreaking cloud and/or on-premises-based security solution for
“Our reselection, based on our performance and the unique - proven features, is likely the strongest and most important vote of confidence in the performance of our reliable, highly sophisticated solution. We are fulfilling this follow-on order with the highest level of pride and responsibility,” said
About
OMNIQ’s customers include government agencies and leading Fortune 500 companies from several sectors, including manufacturing, retail, distribution, food and beverage, transportation and logistics, healthcare, and oil, gas, and chemicals. Since 2014, annual revenues have grown to more than
The Company currently addresses several billion-dollar markets, including the Global Safe City sector, predicted to reach
For additional information, please visit www.OMNIQ.com.
Information about Forward-Looking Statements
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
This release contains “forward-looking statements” that include information relating to future events and future financial and operating performance. The words “anticipate”, “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company’s products particularly during the current health crisis , the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, the Company’s ability to manage credit and debt structures from vendors, debt holders and secured lenders, the Company’s ability to successfully integrate its acquisitions, and other information that may be detailed from time-to-time in OMNIQ Corp.’s filings with the
Contact
IR@omniq.com
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