Omniq announces purchase order to deploy its AI-based system
- omniQ’s solution identifies all vehicles within district boundaries, detects those on the lookout, digitally signs each vehicle that omniQ’s AI determines to be a threat, providing authorities with proactive event management to create a safe city
- omniQ’s patented AI-based system is deployed worldwide for public safety, terrorism prevention, access control and parking automation.
- This order follows recent purchase orders from a few cities in the United States, for the Q Shield from omniQ™ system that uses the same AI machine vision platform from omniQ.
SALT LAKE CITY, April 19, 2022 (GLOBE NEWSWIRE) — OMNIQ CORP. (NASDAQ:OMQS) today announced that it has been awarded a follow-on contract with a global high-end defense solutions company to deploy OMNIQ’s AI-powered machine vision solution in a district of Uruguay, to provide a safe district project. The project spans six municipal authorities, including a well-known tourist resort. The successful project started about four years ago and now the local authorities have decided to expand the project and order additional systems from omniQ and upgrade them with additional new features offered by omniQ.
The Safe District project includes OMNIQ’s sensors with AI-based vehicle recognition system that will allow control room operators to obtain real-time data from the field and alert those in charge of the law enforcement, including logistics and emergency personnel, in conjunction with the nature of an event.
OMNIQ’s patented AI neural network-based algorithm mimics human eyes and brain and is able to detect, analyze and recognize patterns including license plates and car model and brand . OMNIQ’s system is deployed in many sensitive locations around the world for crime and terrorism prevention, law enforcement, access control and parking automation.
Recently, the company released City Police Chief Adrian’s statement claiming that OMNIQ’s AI machine vision system is: “..a major force multiplier. If you think about it and really want to have something like this, you can’t afford not to…” (please see company press release dated April 13, 2022)
“We are proud to have won this Safe District contract, once again demonstrating the value of our AI-based solution for a variety of vertical markets with multi-billion dollar potential. I’m sure many other customers have similar needs and I hope to follow the Uruguayan authorities, the Israeli government and the American cities that have already contracted us and will choose our sophisticated “battle-proven” solution as a way to improve security. public. Commented Mr. Shai Lustgarten, CEO of OmniQ Corp.
On omniQ Corp.
omniQ Corp. (Nasdaq: OMQS) provides computerized image processing and machine vision solutions that use patented and proprietary artificial intelligence technology to provide real-time data collection, monitoring and surveillance for chain management procurement, homeland security, public safety, traffic and parking management, and access control applications. The company’s technology and services help customers move people, assets and data securely across airports, warehouses, schools, national borders and many other applications and environments.
omniQ customers include government agencies and leading Fortune 500 companies from multiple industries including manufacturing, retail, distribution, food and beverage, transportation and logistics, healthcare, petroleum , gas and chemicals. Since 2014, annual revenue has reached over $50 million from customers in the United States and overseas.
The company currently addresses several billion-dollar markets, including the global safe cities market, which is expected to reach $29 billion by 2022, and the secure ticketless parking market, which is expected to reach $5 billion. $2 billion by 2023. For more information, visit www.omniq.com.
Information about forward-looking statements
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