omniQ’s AI Based Solutions Expands into the 1.2 Billion Person African Market
omniQ partners with local leading corporation Professional Logistics South Africa (Pty) Ltd (Professional) to pursue warehouse, security and Access Control opportunities
- Professional is a South African leading solution provider of warehouse, machine vision security and access control management solutions to the global market
- Professional addresses all aspects of the logistics and security, with specific focus on warehousing, distribution, aviation and cargo security services
- The formed partnership, called omniQ Africa will offer Security, Access Control and Warehouse Management Solutions throughout the African Continent
- First awarded purchase orders are based on recurring revenue model
SALT LAKE CITY and JOHANNESBURG, South Africa, March 10, 2021 (GLOBE NEWSWIRE) — omniQ Corp. (OTCQB: OMQS) (“omniQ ” or “the Company”), an object identification company providing Artificial Intelligence (AI)-based technology solutions to the Supply Chain Automation, Traffic Management, Public Safety and Safe City markets, has expanded its AI-based solutions into the 1.2 billion person, African market.
omniQ has partnered with South African based Professional Logistics South Africa (Professional), a provider of operations and solutions addressing all aspects of risk control to aviation and logistics companies in South Africa and other countries in the continent, and have already received initial orders to provide Security, Access Control and Warehouse Management Solutions into the South African market.
Through the partnership, omniQ and Professional will provide Fast Moving Consumer Goods (FMCG) and other warehouse and distribution center operators best-in-class Warehouse Management and surveillance, access control and security systems paired with best-in-class warehouse, distribution, and aviation operations.
Professional specializes in providing a wide range of services to the aviation and logistics industry. Professional Risk and Asset Management provides logistics security in the supply chain for top FMCG Distribution Centers and has accumulated a comprehensive and detailed knowledge of all aspects of the logistics and security industry, with specific focus on warehousing, distribution, aviation and cargo security throughout South Africa
“We are excited to meet growing demand worldwide, following the orders from Maccau, the Far East, Middle East, Israel and now from the African continent. Partnering with Professional will allow us to sell our AI based machine vision, access control, security and warehouse management technologies into Africa, starting in South Africa, in support of Professional’s services and operations in the aviation and logistics industries throughout the country,” said Shai Lustgarten, CEO of omniQ.
“As Professional expands to new facilities, we are delighted to be able to install omniQ’s world class solutions for warehouse, security and access control management,” said Gerhard Van Zyl Group Operations Director at Professional. “With omniQ we have a synergetic partner with years of experience in the market.”
About omniQ Corp.
omniQ Corp. (OTCQB: 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.
Information about Forward-Looking Statements
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