OMNIQ Receives $1.5 Million Purchase Order for IoT “Contactless” Data Collection Solution from a Leading Freight Transportation and Logistics Company
- Close to $40 million in new purchase orders and agreements since January 1st 2021
- Customer is an international freight transportation and logistics company which spans more than 40 million square feet of warehousing space, across more than 150 locations
- Order follows multimillion dollar orders from the same customer during FY 2020
SALT LAKE CITY, May 26, 2021 (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 purchase orders with a total value of approximately $1.5 million from a leading freight transportation and logistics company which spans more than 40 million square feet of warehousing space, across more than 150 locations with more than 10,000 employees.
The purchase order is for rugged mobile computers (IoT) to be used in DC operations conducting automation of processes, digital monitor and control and efficiencies through the supply chain level.
OMNIQ’s suite of supply chain mobility solutions, which includes rugged handheld mobile computers, 2D Scanners and barcode printers with fast and dependable wireless connection, enable quick and accurate data collection, tracking and processing for critical supermarket functions, such as shipping and receiving and inventory and warehouse management. These devices provide a more “contactless” approach to the customer’s retail and logistics operations, and will be integrated with the corporate automated services.
“From the beginning of fiscal year 2021, we’re experiencing a strong momentum that continues with this order from one of the largest freight transportation and logistics companies in the world and we are honored that OMNIQ was chosen to provide the technology and hardware to support its international supply chain operations,” said Shai Lustgarten, CEO of OMNIQ. “Following the announced orders from different verticals like healthcare, retail, transportation and logistics, parking management and homeland security we leverage our very strong and loyal customer base that combined with the quality of our solutions form a strong base for future growth,” concluded CEO Shai Lustgarten.
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.
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.
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