omniQ Receives Contract to Deploy AI Based Technology at Philadelphia International Airport
omniQ Corp (OTCQB: OMQS) announced a contract to deploy its AI-based EZ Edge™ VRS at Philadelphia International Airport. This system automates vehicle entry and exit, enhancing ride-share traffic management for companies like Uber and Lyft. EZ Edge™ utilizes edge-based processing and a proprietary deep learning engine, already operational in over 30 U.S. airports. This deployment follows recent contracts with Georgia State University and a multi-billion dollar medical center, indicating strong growth potential in critical markets.
- Contract awarded for deployment at Philadelphia International Airport to improve TNC traffic management.
- EZ Edge™ technology already operational in over 30 airports, indicating proven effectiveness.
- Recent contracts with Georgia State University and a multi-billion dollar medical center enhance market presence.
- None.
- omniQ’s AI Based EZ Edge™ VRS (Vehicle Recognition System) automates and monitors entry and exits of vehicles to regulate and facilitate ride share traffic and ease congestion.
- EZ Edge™ will be deployed at Philadelphia International Airport for machine vision monitoring of Lanes for Transportation Network Companies (TNC) including Uber, Lyft and, Taxis, to help manage entrance to the TNC lot.
- EZ Edge™ operates on edge-based processing using our proprietary deep learning convolutional neural network engine and is enhanced with omniQ’s virtual loop technology for easy installation.
- omniQ’s AI based solutions are already deployed in over three dozen Airports in the United States including New York JFK, New York LaGuardia, Newark, Miami, Los Angeles, Dallas-Fort Worth and others.
- Contract follows recently announced new purchase agreements to deploy omniQ’s AI Based solutions at Georgia State University and in a Multi-Billion Dollar Medical Center.
SALT LAKE CITY, June 08, 2021 (GLOBE NEWSWIRE) -- omniQ Corp (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Artificial Intelligence (AI) and IoT-based solutions, announced today that it has received a contract at Philadelphia International Airport, to deploy its AI Based, EZ Edge™ VRS Deployment Kit which automates and monitors entry and exits of vehicles at the TNC Lane. EZ Edge™ operates on edge-based processing using our deep learning convolutional neural network engine along with our latest virtual loop technology.
EZ Edge™ will be deployed at Philadelphia International Airport’s TNC Lane for transportation network companies including Uber, Lyft and taxis, to help manage entrance to the TNC lot.
Through a unique third party integration with omniQ, EZ Edge™ enables tracking of TNC vehicles on airport property as geofencing technology identifies the TNC vehicle and sends data, including the license plate number, on the approaching vehicle to omniQ. Third party partners incorporate reporting and payment portals to correctly charge the TNC vehicles.
Upon EZ Edge™ detection & identification of the vehicle as it approaches the TNC holding lot, EZ Edge™ vends the gate and allows the driver to enter. omniQ Virtual Loop Technology is configured so that there are no physical ground loops needed to be cut into the pavement simplifying the installation and costs. The solution is AI Machine Vision based, and virtually detects objects and identifies the vehicles. The solution further assists in curb management, congestion, wait times, access control and correct billing for using the airport for pick-up and drop-off.
omniQ’s CEO, Shai Lustgarten stated, “Our AI based solution is proven to be effective in improving safety, traffic flow, parking management and law enforcement for Airports, Educational Campuses, Hospitals, Cities and Homeland Security Authorities. Our proprietary patented technology based on deep learning Neural Network models is our main marketing advantage. Following the recently announced new contracts with Georgia State University and the Medical Center, we are pleased to be working with our partners at the Philadelphia International Airport (PHL) which serves more than 30 million passengers annually. PHL customers are eager to enter and exit the airport, often via TNC vehicles. EZ Edge™ AI-based technology enables more effective monitoring, security and management of the TNC lane, eases congestion and helps the airport, TNC drivers and passengers save time and money.”
“This is a new application for our AI based Vehicle Recognition technology and adds to our AI based machine vision leadership in airports joining many others like ATL, LAX, DFW, JFK, EWR, FLL and DTW that have experienced the incredible benefits in accuracy, speed and reliability of our solutions,” concluded Mr. Lustgarten.
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
The Company currently addresses several billion-dollar markets, including the Global Safe City market, forecast to grow to
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