omniQ receives an Approximately $10 Million Purchase Agreement for Intelligent Healthcare Carts (IHC) from Israel’s Ministry of Health.

• A five year supply agreement for Intelligent Healthcare Carts to be deployed in over 20 Prestigious Medical Centers.
• Dynamic Computer Solution includes Sensors, Automated Patient Identification, Diagnostic Equipment, Communication Tools.
• The Ministry of Health order follows the previously announced award for $11M with the Ministry of Finance.
  
  

SALT LAKE CITY, Oct. 10, 2022 (GLOBE NEWSWIRE) --  (NASDAQ: OMQS) (“omniQ” or “the Company”), an object identification company providing Artificial Intelligence (AI)-based technology solutions today announced that Israel’s Ministry of Health has chosen omniQ’s wholly owned subsidiary Dangot Computers Ltd, to supply its Intelligent Healthcare Carts (IHC) providing safer and more efficient health care services to the people of Israel.

As the pioneer in IHCs, Dangot now provides computerized solutions with smart integrated systems to the majority of hospitals throughout Israel. This technology plays a crucial role in the patient experience and assists the healthcare provider in making accurate treatment decisions. The IHC integrates sensors, diagnostic equipment and automates patient identification all connected to a powerful computer that contains the patient files showing test results, prescription charts and more helps the healthcare provider make better treatment decisions.

Shai Lustgarten, CEO of omniQ commented, “We are honored to once again partner with the Israeli Ministry of Health, enabling state of the art health services to over 9 million patients throughout Israel. As omniQ is already a supplier to the largest US Pharmaceuticals and Healthcare equipment distributors, we believe Dangot’s innovative solutions are also a natural fit for the US markets. We look forward to leveraging our success globally and leveraging our strong sales team to penetrate the multi billion dollar US market”.

Haim Dangot, President of Dangot, commented: ”Dangot’s Healthcare business has seen accelerated growth over the past 2 years. It has become clear that automation and computerized systems are essential for providing the most efficient service enabling real time information by patients’ beds and avoiding fatal errors.”

Following the additional award from the Israeli Ministry of Health, omniQ is clearly positioned as a trusted supplier of advanced technology that includes Intelligent Healthcare Carts, Diagnostic Panels, Que Management Kiosks and Covid19 related equipment.

About omniQ Corp.

omniQ Corp. provides computerized and machine vision image processing solutions that use patented and proprietary AI technology to deliver data collection, real-time surveillance and monitoring for supply chain management, homeland security, public safety, traffic & parking management, and access control applications. The technology and services provided by the Company help clients move people, assets, and data safely and securely through airports, warehouses, schools, national borders, and many other applications and environments.

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, oil, gas, and chemicals.

The Company currently addresses several billion-dollar markets, including the Global Safe City market, forecast to grow to $29 billion by 2022, and the Ticketless Safe Parking market, forecast to grow to $5.2 billion by 2023 and the fast casual restaurant sector expected to reach $209 billion by 2027.

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Contact:

IR Contact

Koko Kimball

385-758-9241