OMNIQ’s AI HOMELAND SECURITY SOLUTION SELECTED TO PROTECT ADDITIONAL MIDDLE EASTERN BORDERS

• omniQ’s AI Machine Vision technology identifies patterns and enable proactive smart decisions
• omniQ’s AI Homeland Security solutions are already deployed in foreign Ministry of Defense Head Quarters, foreign military bases, in sensitive zones in the Middle East, South America, Eastern Asia and the US.
• OMNIQ’s Machine Vision technology serves a variety of mega verticals, including Safe and Smart City, Border Control, Automation of Parking and CRM for Retail shops and Restaurants.
• omniQ’s AI uses patented Neural Network algorithms that imitate the human brain for pattern recognition enabling smart and quick decision-making.

SALT LAKE CITY, March 29, 2023 (GLOBE NEWSWIRE) --  (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Artificial Intelligence (AI) and IoT – based solutions, announced today it has been selected to deploy its AI-based machine vision solution to additional borders in the Middle East. This is a follow on order to previously announced border control contracts.

“We have a long history of deploying our AI technology to the most sensitive and demanding authorities in the world. With the these additional deployments, we are now at the San Diego Mexico, Texas Mexico, Canada Alaska, Israel Jordan and in the Far East borders lending further proof that our technology is trusted where it matters most, protecting human beings around the globe. The momentum in the market acceptance for our AI based solution continues with our recent wins in both additional airports and cities in the US bringing our total aiports to 57 and our total cities to 17 and growing,” said Shai Lustgarten, CEO of OMNIQ.

OMNIQ’s AI-based machine vision VRS solution uses patented Neural Network algorithms that imitate human brains for pattern recognition enabling smart and quick decision-making. More than 17,000 OMNIQ AI-based machine vision sensors are installed worldwide, including approximately 7,000 in the U.S. OMNIQ’s AI based Machune vision capabilities are founded on patented features including vehicle identification by make and color combined with superior accuracy based on sophisticated algorithm and machine learning.

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: 

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Koko Kimball

385-758-9241