omniQ Awarded $7 Million Project From Leading U.S. Supply Chain & Logistics Firm
- Existing Customer increasing its business with omniQ from $700,000 in 2018
- Potential candidate for omniQ’s Artificial Intelligence solutions
SALT LAKE CITY, March 06, 2019 (GLOBE NEWSWIRE) — omniQ, Inc. (OTCQB: QUES), (“omniQ” or “the Company”) a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, announced it has been awarded a project from a leading supply chain and logistics provider in the U.S. for the supply of vehicle mounted rugged computers for the collection of sophisticated data and logistics management. The project is valued at $7 million, with $5 million expected to be billed during fiscal year 2019 and the balance in 2020.
Shai Lustgarten, CEO of omniQ, stated, “We are excited to significantly expand our relationship with a valued customer who is well respected in the supply chain and logistics industry. Our high-tech, in-vehicle computers play an important role in increasing operational efficiencies as well as collecting valuable data for quicker and more accurate decision making. This customer is also a potential candidate for our AI-based Yard Management Solutions, currently being used in seaports worldwide. Our comprehensive portfolio of solutions includes data collection devices like rugged tablets and computers, high-level software and proprietary Artificial Intelligence (AI) capabilities, all of which enable firms operating in the multi-billion dollar supply chain industry access to big data analysis. We look forward to adding new customer relationships and strengthening our existing partnerships by providing solutions that promote the capture of critical data for the development of effective strategies.”
omniQ is a Specialty Systems Integrator focused on Field and Supply Chain Mobility. We are also a manufacturer and distributor of consumables (labels, tags, and ribbons), RFID solutions, and barcoding printers. Founded in 1994, Quest is headquartered in Eugene, Oregon, with offices in the United States.
Rated in the Top 1% of global solution providers, omniQ specializes in the design, deployment and management of enterprise mobility solutions including Automatic Identification and Data Capture (AIDC), Mobile Cloud Analytics, RFID (Radio Frequency Identification), and proprietary Mobility software. Our mobility products and services offering is designed to identify, track, trace, share and connect data to enterprise systems such as CRM or ERP solutions. Our customers are leading Fortune 500 companies from several sectors including manufacturing, retail, distribution, food / beverage, transportation and logistics, health care and chemicals/gas/ oil.
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