OMNIQ Receives $3.4 Million in New Purchase Orders from Leading Retail Customer
OMNIQ Corp (OTCQB: OMQS) has secured $3.4 million in new purchase orders from a major retail customer. The orders include advanced portable printers and tablets designed to optimize in-store operations, enhance inventory accuracy, and improve customer experience. The deployment will replace legacy systems across the retailer's network, building upon a decade-long partnership between the companies. This development aligns with OMNIQ's strategy of expanding relationships with existing clients while pursuing new industry partnerships.
OMNIQ Corp (OTCQB: OMQS) ha ottenuto 3,4 milioni di dollari in nuovi ordini di acquisto da un importante cliente al dettaglio. Gli ordini includono stampanti portatili avanzate e tablet progettati per ottimizzare le operazioni in negozio, migliorare la precisione dell'inventario e migliorare l'esperienza del cliente. L'implementazione sostituirà i sistemi obsoleti nella rete del rivenditore, sviluppando un partenariato che dura da un decennio tra le aziende. Questo sviluppo è in linea con la strategia di OMNIQ di espandere le relazioni con i clienti esistenti mentre si cerca nuove partnership nel settore.
OMNIQ Corp (OTCQB: OMQS) ha asegurado 3.4 millones de dólares en nuevos pedidos de compra de un importante cliente minorista. Los pedidos incluyen impresoras portátiles avanzadas y tablets diseñadas para optimizar las operaciones en la tienda, mejorar la precisión del inventario y mejorar la experiencia del cliente. La implementación reemplazará los sistemas heredados en la red del minorista, basándose en una asociación de más de diez años entre las empresas. Este desarrollo se alinea con la estrategia de OMNIQ de expandir las relaciones con los clientes existentes mientras busca nuevas asociaciones en la industria.
OMNIQ Corp (OTCQB: OMQS)는 주요 소매 고객으로부터 340만 달러의 새로운 구매 주문을 확보했습니다. 이 주문에는 매장 운영을 최적화하고 재고 정확성을 높이며 고객 경험을 개선하기 위해 설계된 고급 휴대용 프린터와 태블릿이 포함되어 있습니다. 이 배치는 소매업체의 네트워크 전반에 걸쳐 구식 시스템을 대체할 것이며, 회사 간 10년 이상의 파트너십을 기반으로 합니다. 이 개발은 기존 고객과의 관계를 확장하면서 새로운 산업 파트너십을 추구하는 OMNIQ의 전략과 일치합니다.
OMNIQ Corp (OTCQB: OMQS) a obtenu 3,4 millions de dollars de nouveaux bons de commande d'un important client de détail. Les commandes comprennent des imprimantes portables avancées et des tablettes conçues pour optimiser les opérations en magasin, améliorer la précision des stocks et rehausser l'expérience client. Le déploiement remplacera les systèmes obsolètes dans le réseau du détaillant, s'appuyant sur un partenariat de plus d'une décennie entre les entreprises. Ce développement est en accord avec la stratégie d'OMNIQ d'élargir les relations avec les clients existants tout en recherchant de nouveaux partenariats dans l'industrie.
OMNIQ Corp (OTCQB: OMQS) hat 3,4 Millionen Dollar an neuen Kaufaufträgen von einem großen Einzelhandelskunden gesichert. Die Bestellungen umfassen fortschrittliche tragbare Drucker und Tablets, die darauf ausgelegt sind, die Betriebsabläufe im Geschäft zu optimieren, die Genauigkeit der Bestände zu verbessern und das Kundenerlebnis zu steigern. Die Umsetzung wird veraltete Systeme im Netzwerk des Einzelhändlers ersetzen und baut auf einer über zehnjährigen Partnerschaft zwischen den Unternehmen auf. Diese Entwicklung steht im Einklang mit der Strategie von OMNIQ, bestehende Kundenbeziehungen zu erweitern und gleichzeitig neue Branchenpartnerschaften zu verfolgen.
- Secured $3.4 million in new purchase orders
- Continuation and expansion of decade-long customer relationship
- Implementation of new technology replacing legacy systems
- None.
SALT LAKE CITY, Nov. 11, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCQB: OMQS), a leader in automation-enhancing IoT and machine vision solutions, is pleased to announce a recent series of purchase orders totaling
Over the years, OMNIQ has been integral to transforming the retailer’s operational landscape. This latest deployment includes advanced portable printers and tablets aimed at optimizing in-store operations thereby enhancing inventory accuracy, efficiency, and overall customer experience. The new equipment will replace legacy systems, allowing the retailer to maintain a streamlined, effective infrastructure across its network.
“We appreciate the trust this partner has placed in OMNIQ to support their operations,” said Shai Lustgarten, CEO of OMNIQ Corp. “Our team remains committed to providing solutions that meet their specific needs, and we look forward to continuing this long-standing relationship with the same dedication and focus.”
This development reflects OMNIQ’s ongoing strategic focus on expanding engagements with existing clients while continuing to build new partnerships across industries.
About OMNIQ
OMNIQ Corp. (OTCQB: OMQS) offers advanced computerized and machine vision image processing systems, leveraging patented and proprietary AI technology. These systems are essential for real-time identification, tracking, surveillance, and monitoring across various applications such as Supply Chain Management, Public Safety, and Traffic Management. The solutions provided by OMNIQ ensure secure and efficient movement and management of people, objects, and data across critical environments like airports, warehouses, educational institutions, and international boundaries, among others.
OMNIQ's client base spans government bodies and top Fortune 500 companies across diverse sectors, including manufacturing, retail, distribution, food and beverage, transportation and logistics, healthcare, as well as the oil, gas, and chemicals industries. Since 2014, the company has seen its annual revenues more than double, climbing to
Currently, the company is strategically positioned in several multi-billion dollar markets experiencing double-digit growth rates, particularly in the Global Smart City & Public Safety sectors.
For more information visit www.omniq.com
Forward-Looking Statements:
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
This release contains “forward-looking statements” that include information relating to future events and future financial and operating performance. The words “anticipate,” “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements.
Examples of forward-looking statements include, among others, statements made in this press release regarding the closing of the private placement and the use of proceeds received in the private placement. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company’s products particularly during the current health crisis, the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, the Company’s ability to manage credit and debt structures from vendors, debt holders and secured lenders, the Company’s ability to successfully integrate its acquisitions, and other information that may be detailed from time-to-time in OMNIQ Corp.’s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include, among others, statements regarding revenue growth, driving sales, operational and financial initiatives, cost reduction and profitability, and simplification of operations. For a more detailed description of the risk factors and uncertainties affecting OMNIQ Corp., please refer to the Company’s recent Securities and Exchange Commission filings, which are available at SEC.gov. OMNIQ Corp. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless otherwise required by law.
Contact
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