OMNIQ’S Q SHIELD™ AI-BASED SAFE CITY SYSTEM, SELECTED BY TWO ADDITIONAL CITIES TO COMBAT CRIME AND ENFORCE TRAFFIC VIOLATIONS IN BROOKLET, GA AND ELLSWORTH, IA. RESULTING IN 14 ACTIVE CITY DEPLOYMENTS.
OMNIQ Corp. (NASDAQ: OMQS) has been selected to deploy its Q Shield vehicle recognition systems in Brooklet, Georgia, and Ellsworth, Iowa. This AI-based technology identifies vehicles with outstanding traffic violations and alerts authorities. The Q Shield system is already installed in over 17,000 locations globally, demonstrating its effectiveness. CEO Shai Lustgarten highlighted the rapid adoption of the system, with 14 cities now utilizing Q Shield to enhance public safety. OMNIQ addresses $29 billion and $5.2 billion markets related to safe cities and ticketless parking, respectively.
- Selected by two cities for Q Shield deployment, increasing total deployments to 14.
- Over 17,000 sensors installed globally, indicating strong market presence.
- Addresses a $29 billion safe city market and a $5.2 billion ticketless parking market.
- None.
SALT LAKE CITY, Nov. 17, 2022 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Artificial Intelligence (AI)-based solutions and supply chain management, today announced that the Company has been selected by the Cities of Brooklet, Georgia and Ellsworth, Iowa, to deploy its Q Shield vehicle recognition systems (VRS) technology and its cloud based citation management platform. This technology identifies any vehicle driving through the city which is on a National Crime Information Center (NCIC) data base or the cities’ local Bureau of Investigations Database and cites violators who drive through the city with outstanding traffic violations, as well as other alerts such as unregistered vehicles.
Q Shield, OMNIQ’s AI-based machine vision VRS solution uses patented Neural Network algorithms that imitate human brains for pattern recognition and decision-making. More than 17,000 OMNIQ AI based machine vision sensors are installed worldwide, including approximately 7,000 in the U.S. Based on superior accuracy and patented features like identification of make and color combined with superior accuracy based on the sophisticated algorithm and machine learning that largely depends on accumulated data provided by thousands of sensors already deployed.
Shai Lustgarten, CEO commented “Following our initial success with the City of Adrian, GA our first Q Shield deployment, we have seen significant interest in our solution. This success produced a rapid adoption of 12 cities utilizing Q-Shield in less than a year. We are honored to be selected by the Cities of Brooklet, GA and Ellsworth IA, bringing our number of deployed cities to 14. We look forward to improving the everyday lives of the local citizens by creating safer cities with an unbiased approach. Our core strategy for Q Shield remains to take care of today’s problems while preventing tomorrow’s disasters.”
About omniQ Corp.
omniQ Corp. (Nasdaq: 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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Koko Kimball
(385)-758-9241
kkimball@omniq.com
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