OMNIQ ANNOUNCES A PURCHASE ORDER FROM THE ISRAEL TRAIN COMPANY TO DEPLOY ITS AI- BASED MACHINE VISION SYSTEM CREATING SMARTER AND SAFER STATIONS
- Potential for significant market expansion with potential installations in train and subway stations worldwide.
- System generates dynamic 'heat maps' to optimize platform usage and enhance passenger comfort.
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SALT LAKE CITY, Sept. 06, 2023 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or the “Company”), a provider of Artificial Intelligence (AI)-based solutions, announces an initial purchase order from the Israel Train Company to deploy its AI based Machine Vision system creating smarter and safer stations.
In a strategic move, omniQ will initiate the project at three key train stations, setting the stage for a transformational shift in the way we approach passenger safety and comfort. This project leverages omniQ's innovative AI-driven Machine Vision system, which integrates specialized cameras meticulously positioned across station platforms. Powered by proprietary AI software, developed using state-of-the-art deep learning techniques, this system excels in real-time analysis of captured imagery. This innovative system can potentially be installed in every platform in trains and subways stations worldwide creating a significant potential market for OMNIQ.
At the core of this technology is its ability to generate dynamic 'heat maps,' providing a clear visualization of passenger density along the platform. Beyond mere data, these heat maps offer actionable recommendations to station staff and incoming passengers, guiding them to areas with lower crowd density. This results in intelligent distribution of passengers that optimizes platform usage, mitigates cabin overcrowding, and enhances overall passenger comfort.
In addition, the AI-powered system also observes passenger behavior, swiftly identifying instances where passengers cross safety boundaries while awaiting train arrivals, playing a pivotal role in maintaining passenger safety and preventing potential accidents.
This multifaceted system promises to be a game-changer, elevating passenger experiences, fortifying safety measures, and redefining station management.
Shai Lustgarten, CEO of OMNIQ Corp stated “We are proud to announce this breakthrough project ordered by the Government owned Israel Train Company as part of a national effort to improve the services and safety using Artificial Intelligence. Our goal is to swiftly demonstrate the tangible benefits of our system, paving the way for expanded collaborations with the Israel Train Company and potential deployments in train and subway stations across the United States and around the world. The collaboration marks a significant step toward a smarter, safer, and more efficient future in railway transportation and we look forward to great success.”
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, oil, gas, and chemicals.
The Company currently addresses several billion-dollar markets, including the Global Safe City market, forecast to grow to
For more information please visit www.omniq.com.
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