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OMNIQ’s Q Shield™ AI-Based Safe City system, Selected in the City of East Dublin, Georgia To Combat Crime and Enforce Traffic Violations

June 17, 2022 08:45 ET | Source: OMNIQ Corp.

  • East Dublin joins cities already using Q Shield successfully as a major force multiplier in fighting Crime and keeping their street’s safe
  • Q Shield integrates omniQ’s proprietary AI based vehicle recognition system (VRS) with omniQ’s cloud-based citation management platform, eCite Pro.
  • Q Shield detects and identifies in real-time, vehicles on the lookout and ones involved in any criminal activity, proactively alerts and notify law enforcement, and issuing citations for traffic violators
  • The system is suitable to be deployed in small as well as big cities and regions worldwide. 
  • Economic model based on revenue sharing makes it affordable for thousands of potential customers.
  • Company signed with added value resellers to accelerate exposure and sales in the vast US market.
  • OMNIQ’s Safe City/District solutions are installed in sensitive areas worldwide.

SALT LAKE CITY, June 17, 2022 (GLOBE NEWSWIRE) — OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced that the Company has been selected by the City of East Dublin to deploy its QShield vehicle recognition systems (VRS) technology and its cloud based citation management platform to identify any vehicle driving through the city which is on a National Crime Information Center (NCIC) data base or the Georgia Bureau of Investigations Database (GBI Database) and cite violators who drive through the city with outstanding traffic violations.

QShield, OMNIQ’s AI-based machine vision VRS solution uses patented Neural Network algorithms that imitate human brains for pattern recognition and decision-making. More than 17,000 OMNIQ AI based machine vision sensors are installed worldwide, including approximately 7,000 in the U.S. Based on superior accuracy and patented features like identification of make and color combined with superior accuracy based on the sophisticated algorithm and machine learning that largely depends on accumulated data provided by thousands of sensors already deployed.

“Momentum continuous with rapid growing demand for Q Shield, following the successes with our first safe city deployments. Q Shield proves itself as a major force multiplier for law enforcement. East Dublin follows other cities in Georgia taking advantage of our revenue share opportunity. By offering a revenue model economic structure we have created a win-win situation for the people and authorities and more importantly we are creating safer cities with unbiased accountability of the citizens.

Taking care of today’s problems and preventing tomorrow’s disasters is our core strategy.” Shai Lustgarten, CEO.

QShield, OMNIQ’s VRS solution will be installed in 2 key intersections throughout the city to efficiently and accurately capture vehicle data, including license plate number, color, make, and model. QShield’s technology will also be used to provide local law enforcement with timely alerts for any vehicle on a federal, state, and local law enforcement wanted list in addition to enforcing the traffic violations above”.

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, and oil, gas, and chemicals. Since 2014, annual revenues have grown to more than $50 million from clients in the USA and abroad. 

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. For more information please visit www.omniq.com

Contact: 

Corporate Contact 

Koko Kimball 

(385) 758-9241 

IR@omniq.com

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OMNIQ AWARDED A $29 MILLION DOLLAR PROJECT BY A FORTUNE 100 COMPANY

  • Project anticipated to take between 12 and 18 months for complete deployment
  • Upgrading customer’s IoT technology to an Android Platform & Devices, to be used for store automation and improved store management
  • Customer stated they are anxious to replace their legacy Windows based devices and modernize their technology suite.
  • The $29 Million project follows the award of an $11 Million project for the Government of Israel, resulting into $40 Million of new projects in a few days.

SALT LAKE CITY, June 13, 2022 (GLOBE NEWSWIRE) — OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced that it has received a purchase order with a total value of $29 million from a fortune 100 company with 70+ billion in annual revenue, hundreds of locations globally with more than 10,000 employees.

The purchase order is for a vast upgrade from legacy windows equipment to updated android based technology platform & devices and is to be used to enhance inventory management and reorder processes.

In supermarket functions like shipping and receiving, inventory control, and warehouse management, OMNIQ’s supply chain mobility IoT solutions, including rugged handheld mobile computers, barcode scanners, and wireless connections, enable quick and accurate data collection, tracking, and processing. These devices provide a “contactless” approach to customer retail operations and are designed to integrate with corporate automated services.

“We are always humbled and honored to receive large orders like this one, although, we are not surprised as we consistently demonstrate our solution focused approach to everyday problems that corporations large and small experience on a daily basis. The reputation of trust and loyalty we have earned throughout the industry is no doubt connected to our company’s value driven culture accompanied by our commitment to provide the latest technologies at the best price point. As we continue to strive for excellence, it is reflected in our record breaking backlog. This is only the beginning for omniQ, we are a strong company with a solid customer base and superior products and solutions that can bring us to new spheres in sales and profitability. I believe that these days our strategy pays off and we look forward to continuing this momentum.” Shai Lustgarten, CEO.

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, and oil, gas, and chemicals. Since 2014, annual revenues have grown to more than $50 million from clients in the USA and abroad. 

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. For more information please visit www.omniq.com

Contact: 

Corporate Contact 

Koko Kimball 

(385) 758-9241 

IR@omniq.com

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OMNIQ AWARDED AN APPROXIMATELY $11 MILLION SUPPLY AGREEMENT FROM THE GOVERNMENT OF ISRAEL

  • omniQ’s 100% owned subsidiary Dangot Computers Ltd is awarded the purchase agreement. 
  • Company will supply IoT equipment generating recurring and non-recurring revenue. 
  • Recurring revenue of services and consumables are expected to continue for eight years, therefore increasing the value of the contract. 
  • omniQ continues to demonstrate its unique value and position as a reliable supplier to some of the most prestigious customers, worldwide. 

SALT LAKE CITY, June 08, 2022 — OMNIQ Corp (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced today that Dangot Computers Ltd, its fully owned subsidiary received an approximately $11 Million dollar Supply Agreement from the Government of Israel. 

omniQ will supply IoT equipment, consumables, and technical services to the Government’s various Ministries for the next 5 years. Recurring revenue represent approximately 50% of the agreement. 

The Government of Israel and its agencies are important customers of the Company for a wide variety of solutions: omniQ’s Artificial Intelligence machine vision products for security, Computerized medical Carts for hospitals, and automation IoT products for different ministries and government agencies. The Israeli market is sophisticated and technology rich and as such generates the need for innovative and unique solutions which omniQ offers. 

Shai Lustgarten CEO stated: “Once again, we are privileged to enjoy a relationship of trust and loyalty with one of the most demanding governments in the world, further positioning us as a leader in providing IoT, automation, and AI-based solutions. The Government of Israel joins a growing list of leading supermarket and retail chains in the US and Israel, large Health care suppliers, Cities, security agencies and other Fortune 500 demanding customers that rely on our solutions using state of the art technologies, proprietary AI based solutions, successfully serving multiple verticals. 

With our product offerings and the strong customer base, we expect continuous growth going forward”. 

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, and oil, gas, and chemicals. Since 2014, annual revenues have grown to more than $50 million from clients in the USA and abroad. 

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. For more information please visit www.omniq.com. 

Contact: 

Corporate Contact 

Koko Kimball 

(385) 758-9241 

IR@omniq.com 

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HOW OMNIQ’S AI ENHANCES SECURITY IN CITIES, SCHOOLS, BUSINESS AND MORE.

An increasing number of cities, schools, hospitals and more are utilizing vehicle recognition systems to enhance security and safety efforts. One company, omniQ has developed an AI based vehicle recognition system that can detect and alert authorities of vehicles that may be a risk or threaten safety. Our main focus is on law enforcement agencies, but the potential uses go well beyond this, including schools, transportation centers, businesses with large parking lots or campuses and more. This blog will discuss how the Qshield product works, and the various ways it can be utilized to help ensure safety within communities and business locations across the globe.

Why it is useful:
Billions of dollars are spent annually trying to protect assets and people from attacks. However, an unfortunate fact of the world we live in today is that it’s impossible to stop these threats from occurring completely. Instead of protecting what we have with traditional means that have proven to be ineffective, the smarter approach would be to eliminate the threat before it has the ability to strike. Our vehicle recognition system allows users to do just that! Our Convolution Neural Network (SeeNN) has the ability to see and process data instantly while simultaneously scanning local and national hot lists for threats.

Some examples of implementation:
EX 1: A potential terrorist on a national watch list rents a vehicle in Wyoming before heading to an attack in Utah. Once he arrives at the destination of the attack, his vehicle is scanned in less than a 100th of a milisecond while entering the mall parking lot. The authorities are instantly alerted and security enforcement within the mall executes a procotionary lock down. 
EX 2: An amber alert is issued for an abducted child, the only information provided to the authorites is a description of a white ford SUV, with Texas plates. Filters are then applied to automatically detect vehicles matching that description. The vehicle is detected on the freeway & authorities are automatically alerted of the location and dispatched. 
EX 3: A former employee attempts to gain access to the premises after verbal threats of harm to management. The COO had already listed his vehicle under the companies “watch list” within the system. Upon arrival, access through the gate is denied, the building goes into lock down, & the authorities are alerted and dispatched. 
EX 4: A mother is concerned about comments and behaviours her son made recently. Despite not having committed any crimes, he has a violent past, and she is afraid something might happen. She alerts the police, who then add him to a watch list. Later that week, a local elementary school with omniQ’s system installed is automatically alerted of his arrival, they quickly begin lockdown, with no need to call the police because they are already on their way. 

Conclusion:
These are just a few examples of how our systems can effectively assist in making our world a safer place for everyone. Our advanced technology ensures enhanced security for your campus, city or neighborhood. If you are interested in learning more, email omniQ at safety@omniq.com.

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OMNIQ Announces the Award of Approximately $4 Million Project from a Multinational Transport and Logistics Company.

  • Customer is a worldwide transport and logistics (T&L) leader with a direct presence in +60 countries and a global network covering 168 countries. Customer is ranked one of the 10th largest companies in the world in the T&L field.
  • omniQ further proves its special position as a reliable supplier to some of the most prestigious companies worldwide.
  • The $4M project is expected to be supplied during Q2 and Q3 of 2022.

SALT LAKE CITY, May 16, 2022 (GLOBE NEWSWIRE) — OMNIQ Corp (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced today that it received an approx. $4 Million dollar project from a major T&L Company, first delivery for $1.2 M is expected to be supplied immediately and the balance of $2.8M during Q2 and Q3 of 2022.

omniQ will supply Android-based rugged data collection, computing, and communication equipment to the customer’s various locations across the United States. The 3PL (3rd Party Logistics) customer has annual revenue of over $10 billion and more than 10,000 employees. The multi-deploy agreement is valued at approximately $4 million.

Shai Lustgarten CEO stated: “Once again we are privileged to enjoy the trust and loyalty of one of the largest T&L companies in the world positioning us as experts in providing Supply Chain solutions. This customer joins leading supermarket and retail chains, large Health care suppliers, Cities, Governments, security agencies and other demanding customers that rely on our solutions using state-of-the-art technologies, proprietary AI-based solutions, successfully serving multiple verticals”.

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, and oil, gas, and chemicals. Since 2014, annual revenues have grown to more than $50 million from clients in the USA and abroad.

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. For more information please visit www.omniq.com.

Contact:

Corporate Contact
Koko Kimball 
(385) 758-9241
IR@omniq.com

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Data Interchange Food and Beverage Healthcare News Uncategorized

omiQ’s Financial Forecasts Detailed By Third Party Investment Firm Is Exceeding Expectations

Think Equity, (a reputable boutique investment firm) details omniQ’s past, current, & projected accomplishments. Follow the link below to read the detailed report by Ashok Kumar, PhD, CFA of Think Equity.

https://www.omniq.com/wp-content/uploads/2022/04/OMNIQ-update-ThinkEquity-4_11_22.pdf

A few highlights from the report:

  • “OMNIQ sees a strong pipeline of orders for its AI machine vision for Safe City and Smart City projects. Automation of parking is experiencing growth in demand in the U.S., Israel, and South America. The company is also seeing increased take-up of its smart kiosk solution, which saves time and money by eliminating long lines and reducing interaction with cashiers and service staff.”
  • OMNIQ’s numerous acquisitions since 2018 have transformed the company into a key developer and provider of computerized and machine-vision image processing solutions.
  • With diversified end markets and a strong presence in the food and drug industry sectors, the company is well-positioned to monetize the improved demand for logistic automation.
  • For the years ended December 31, 2021 and 2020, the company reported revenues of $78.3 million.

Check out the entire report for an in-depth and complete analysis.

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OMNIQ Announces Rollout of 1,000 Units of “Smart Buy and Go” (SBG) Solution for a Supermarket Chain; Plans to Soon Offer SBG to its Fortune 500 Customers Operating in an Industry Estimated to be $1.0 Trillion

  • Targeting a growing market where No cash registers or cashiers is needed, cut lines and creates efficiencies.
  • Cutting waiting time at checkout counters
  • In line with omniQ’s strategy using, Automation & AI based solutions as offered by omniQ in other industries such as in the Traffic Management, where the company’s parking solutions allow traffic flow, eliminates lines at parking lots, so does SBG eliminates annoying lines at Supermarkets.
  • Company focuses on automation and frictionless solutions improving life quality, saving time, money and create efficiencies using cutting edge machine to machine (m2m) solutions.
  • The SBG solution is affordable compared to other Smart Carts solutions potentially generating a higher and quicker return for owners.
  • OMNIQ intends to introduce the SBG to its Fortune 500 retail customers in the US.

SALT LAKE CITY, March 14, 2022 (GLOBE NEWSWIRE) — OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or the “Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, announced the rollout of 1,000 units of the Smart Buy and Go (SBG) solution for one of Israel’s largest supermarket chains by Dangot Computers Ltd, a subsidiary of OMNIQ. The Company plans to offer its SBG solution to its customers in the United States. According to The Wall Street Journal: “In North America, groceries are a $1 trillion industry, with 90% of grocery sales taking place in stores.” 
Smart Buy and Go solutions are in growing demand by customers all around the world, and the grocery industry is responding. In October 2021, TechCrunch reported “Instacart acquired Caper AI, a smart cart and instant checkout startup, for $350 million, as it moves deeper into physical retail tech.” According to an article published in the Washington Post, smart cart solutions may cost between $5,000 and $10,000 per cart . OMNIQ-Dangot’s SBG solution is affordable at a fraction of the cost, compared to other smart cart solutions generating a potential higher and quicker return for owners.
The usage of an SBG solution enables the store to minimize lines and provide a better shopping experience. The solution enables customers to receive a specific terminal on which they scan the products as they put them in the regular shopping cart. Once finished with the shopping, the customer places the terminal back into a cradle and the payment is processed automatically allowing the customer to exit the store and go straight to their car.
Shai Lustgarten, CEO of OMNIQ: “In line with our AI based solutions for automation of parking which eliminates lines while exiting parking lots, our new Smart Buy and Go solution is another of example of improving quality of life and minimizing friction. We are proud to market this solution in Israel and soon to offer it to our Fortune 500 U.S. customers, including some of the largest supermarket chains in North America.”
About:
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, and oil, gas, and chemicals. Since 2014, annual revenues have grown to more than $50 million from clients in the USA and abroad.
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. For more information, 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. Examples of forward-looking statements include, among others, statements made in this press release regarding the closing of the private placement and the use of proceeds received in the private placement. 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 United States Securities and Exchange Commission. Examples of such forward looking statements in this release include, among others, statements regarding revenue growth, driving sales, operational and financial initiatives, cost reduction and profitability, and simplification of operations. For a more detailed description of the risk factors and uncertainties affecting OMNIQ Corp., please refer to the Company’s recent Securities and Exchange Commission filings, which are available at https://www.sec.gov. OMNIQ Corp. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by law.
 ### Thank you for your interest. If you have any questions, please contact James Carbonara or Brett Maas. Sincerely, James Carbonara, Regional Vice Presidenttel: 646-755-7412cell: 917-340-1339email: james@haydenir.com
Brett Maas, Managing Partnertel: 646-536-7331cell: 480-861-2425email:brett@haydenir.com
Hayden IR10 Times Square at 1441 BroadwaySuite 5032New York, NY 10018www.haydenir.com

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What Expert Analysts Are Saying About omniQ

omniQ was recently featured in a research article by Ashok Kumar, PhD, CFA of Think Equity.

His findings show just how incredible omniQ is doing and how phenomenal our future looks.

Key Points

Supply Chain – Data Analytics and Intelligence Platforms. Many supply chain organizations are

looking to speed up end-to-end decision-making based on connected data sources, allowing

them to react to current and anticipated future disruptions quickly. Vying for a bigger share

of the supply chain data analytics and intelligence technology market, OMNIQ is repositioning

its solutions to span broader capabilities. This has resulted in offering an encompassing data

platform in support of augmented data intelligence in the supply chain.

Acquisition offers an opportunity to accelerate the adoption of OMNIQ’s AI solutions to automate the supply chain.

With the acquisition of Dangot, OMNIQ has created a $91

million 2020 pro forma revenue company. The acquisition provides key capabilities in AI,

object identification, and automation company, technology building blocks to drive growth and

stronger financial results.

Contract Win Highlights.

Machine Vision Security Solution at Port of Ashdod. During the third

quarter, OMNIQ received an order to deploy Q Shield, its AI-based machine vision security

solution, at Port of Ashdod (Israel).

Machine Vision Solution at Strategic Border Checkpoint. Also during the third quarter, OMNIQ

received an order to deploy its AI-based MV solution at the border checkpoint between Israel

and Jordan.

Campus Management. The company received a 10-year contract from La Sierra University to

deploy its PERCS software for campus management.

Airport AI Technology Deployments. OMNIQ announced its AI-based OMNIQ vision solution

would be deployed at Miami International Airport. OMNIQ vision is now deployed at 40-plus

airports including Atlanta, Dallas Fort Worth, Los Angeles International Airport, and John F.

Kennedy Airport in New York.

Continued Order Momentum. After the quarter ended, OMNIQ announced more than $13

million in purchase orders in October.

Self-Order Kiosks. OMNIQ announced in the third quarter that Aroma, the largest coffee chain

as Israel, had selected Dangot to provide its self-service kiosks. By the end of 2022, OMNIQ will

install 250 self-ordering kiosks at the Aroma Israeli branches.

Dangot’s innovative product offerings continue to be adopted in Israel and are also a fit for

OMNIQ’s target markets.OMNIQ offers a comprehensive solution under one roof, combining

AI solutions, supply chain automation solutions and the new Dangot product. This supports

the company’s road map to be a leading provider through object identification of unique

automation and efficiency solutions.

Summary

OMNIQ offers a comprehensive platform solution that combines all three of its offerings – AI

solutions, supply chain automation, and the new Dangot offerings. OMNIQ’s total offering is a

competitive differentiator and provides value-add for customers. The comprehensive approach

is an evolution of the company’s product roadmap to a platform provider of turnkey object

identification solutions that enables supply chain automation and related efficiencies.

OMNIQ has been selected by several cities for long-term installment of AI machine vision

systems for public safety and law enforcement. The acquisition of Dangot, creates many new

opportunities, in addition to improving the balance sheet, profitability, and cash flow.

Read the full report here

Read full PDF here

or

Contact the author Ashok Kumar, PhD, CFA at

ak@think-equity.com | 646-968-9363

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License Plate Recognition Access Control – How it Works

How do license plate recognition access control systems work? What features make them superior to other, less secure options? How can you choose the best access control system for your business or residential community? These are just some of the questions you should ask when choosing an access control system, and answers to these questions can be found in this comprehensive guide on license plate recognition access control systems.

omniQ vision solutions have been deployed globally using industry leading technology.


License plate recognition access control systems are essential for gated communities, office buildings, or enterprise facilities to meet safety and security goals. Traditional access control systems rely on key fobs or key cards, which can be misplaced or stolen. In contrast, license plate recognition is designed with robust safety features and superior technology to make gated community access control more effective and efficient. These applications use license plate recognition cameras and specialized software to read and interpret vehicle license plates as they pass through a gate arm entrance system.


While many of our competitors tout robust safety features and cutting-edge technology, omniQ takes pride in bringing new technologies to the market with significant benefits over existing solutions. Our unique system utilizes license plate recognition (LPR) technology to provide access control for gated communities, office buildings, or enterprise facilities. We’ve engineered our readers with superior quality, we can read the make, model, color, & license plate of any vehicle in 100 milliseconds or less allowing residents or employees seamless ingress & egress.


Security at Your Fingertips, Gated communities are becoming more common in North America, particularly in metropolitan areas like Miami, New York City, and Toronto. These closed communities offer security guards who monitor all entrances to ensure that unauthorized cars don’t enter; these guards rely on technology to make their jobs easier. Rather than manually checking car plates or drivers’ licenses, gated community security teams often opt for license plate recognition access control (LPR/AC) systems. When the guards are off the clock, our systems man the gates, anyone unauthorized will not be allowed access to the community.

Personalized control hub. Allows both admins & users to manage virtual permits.


A huge advantage of License Plate Recognition (LPR) access control for office buildings is that, unlike card readers, there are no electronics to jam or misread, No expensive tags to distribute to employees, & no worries disgruntled employees will still have access to the building making LPR a vital role in securing assets. You can even program the system to alert security if a particular vehicle arrives allowing you ample time to notify law enforcement.


As automated license plate recognition technology continues to gain traction, more enterprise companies are looking for access control solutions that take advantage of its enhanced safety features and superior A.I. technology. Knowing who is entering and exiting and knowing the exact details of the vehicle that entered and exited adds a layer of accountability & security like never before. Our systems also include comprehensive graphs and analytics allowing you to find creative ways to maximize your company’s resources. Our equipment is also rugged enough to effectively function in harsh weather conditions as well as high or low lighting.

License plate recognition access control is a great way to bring superior technology and robust safety features to your gated community, office building, or enterprise facility. By installing LPR-powered access control you can improve security while enhancing convenience for residents, employees, and visitors alike. If you want to learn more about omniQ’s access control systems give us a call today or request a demo at safety@omniQ.com!

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omniQ Advanced A.I. Based License Plate Recognition Systems ordered to be deployed at the Miami International Airport (MIA)

  • omniQ AI Based Machine Vision solution now deployed at more than 40 airports including 50% of the top 20 hub airports in the U.S. including ATL, DFW, LAX, Newark, La Guardia and JFK.
  • DESIGNA the contracted vendor by Miami Dade County selected omniQ’s VISION advanced A.I. LPR based systems for deployment at Miami International Airport
  • Miami International Airport ranks #11 in the U.S. for large hub airports with 18.6 million passenger boardings in 2020 and becomes the fourth major hub airport in Florida to deploy omniQ VISION AI LPR based solutions.
  • OMNIQ’s Miami International Airport win follows the recently announced orders for OMNIQ’s AI machine vision solutions from La sierra University, The Cypress College in California, The Georgia State University, The Largest Sea Port and the Border Control in Israel.

SALT LAKE CITY, Sept. 27, 2021 (GLOBE NEWSWIRE) — omniQ Corp. (NADSAQ: OMQS) (“omniQ ” or “the Company”), a provider of Artificial Intelligence (AI) and IoT – based solutions, will deploy omniQ VISION at Miami International Airport (MIA). omniQ was selected by DESIGNA Access Corporation to deploy omniQ VISION, its advanced A.I. based license plate recognition (LPR) and vehicle recognition technology. omniQ VISION is now deployed at more than 40 airports, including 50% of the top 20 hub airports in the U.S. including Atlanta, Dallas Fort Worth, Los Angeles International Airport and John F. Kennedy Airport in New York.

In bidding on the MIA contract, omniQ VISION participated in a detailed Request for Quotation (RFQ) thru DESIGNA with several other LPR companies. DESIGNA is the contracted PARCS vendor with Miami-Dade County for the deployment of a new Parking Access and Revenue Control System which includes License Plate Recognition. Key requirements for DESIGNA’s RFQ included the ability to work in a VM Ware environment along with providing a fully integrated fixed and mobile LPR solution from the same supplier utilizing a single database of LPR records.

omniQ Vision was awarded the Designa/MIA contract which calls for 50+ fixed lanes of LPR for entry and exit plazas at the airport which includes license plate processing in a virtualized environment, along with failover capabilities. The agreement also includes omniQ’s SeeMobile Vehicle mounted LPR and SeePatrol Handheld LPR units for license plate inventory along with Bluetooth printers for vehicle notifications. The system is expected to be deployed at Miami International Airport during Q4 2021.

Miami International Airport ranks #11 in the U.S. for large hub airports with 18.6 million passenger boardings in 2020 and becomes the fourth major hub airport in Florida to deploy omniQ VISION AI LPR based solutions. MIA joins Jacksonville, Tampa and Fort Lauderdale-Hollywood International Airport, all utilizing omniQ advanced AI technology.

“The momentum continues, omniQ VISION’s selection by DESIGNA at Miami International follows a successful multi-year deployment with DESIGNA at the Port Authority of New York and New Jersey, covering the four New York Area Airports for our integrated fixed and mobile LPR systems, said Shai Lustgarten, CEO of omniQ. “We are very grateful to partner with DESIGNA again in future-proofing another major U.S. hub airport location.”

“We are experiencing a diversified demand for our AI Based solutions from different verticals that each represent a significant potential growth for our technology, demand based on quality and accuracy”.

About omniQ Corp.
omniQ Corp. (NASDAQ: OMQS) 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, and oil, gas, and chemicals. Since 2014, annual revenues have grown to more than $50 million from clients in the USA and abroad.

omniQ recently announced the closing of its acquisition of 51% of the capital stock of Dangot. omniQ has an option to purchase the remaining 49% of the capital stock. Dangot is an Israeli based leader in providing innovative technologies including: frictionless automated order processing & digital payment processing products for the retail, fast food and parking markets; integrated work stations for physicians, drug delivery and blood tests; robotics for smart warehouses; point of sales, self-check in management, and other state of the art solutions.

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. For more information, 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 United States Securities and Exchange Commission. Examples of such forward looking statements in this release include, among others, statements regarding revenue growth, driving sales, operational and financial initiatives, cost reduction and profitability, and simplification of operations. For a more detailed description of the risk factors and uncertainties affecting omniQ Corp., please refer to the Company’s recent Securities and Exchange Commission filings, which are available at https://www.sec.gov. omniQ Corp. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by law.