OMNIQ Secures $1M in New Purchase Orders from Key Logistics and Manufacturing Partner
OMNIQ Corp. (OMQS) has secured $1 million in new purchase orders from a long-term logistics and manufacturing partner. The orders encompass OMNIQ's advanced hardware and service agreements designed to enhance operational efficiency. The service agreements are expected to generate recurring revenue, supporting the company's financial stability and growth strategy.
The purchase orders highlight OMNIQ's position in delivering AI-powered solutions for logistics and manufacturing operations. The company's proprietary AI-driven solutions enable seamless integration of hardware and software, while their service agreements provide ongoing support and enhanced functionality for customers.
OMNIQ Corp. (OMQS) ha ottenuto 1 milione di dollari in nuovi ordini di acquisto da un partner di logistica e produzione a lungo termine. Gli ordini comprendono l'hardware avanzato di OMNIQ e contratti di servizio progettati per migliorare l'efficienza operativa. Si prevede che i contratti di servizio generino entrate ricorrenti, sostenendo la stabilità finanziaria e la strategia di crescita dell'azienda.
Gli ordini di acquisto evidenziano la posizione di OMNIQ nell'offrire soluzioni alimentate da intelligenza artificiale per le operazioni di logistica e produzione. Le soluzioni proprietarie basate sull'IA dell'azienda consentono un'integrazione fluida di hardware e software, mentre i loro contratti di servizio forniscono supporto continuo e funzionalità avanzate per i clienti.
OMNIQ Corp. (OMQS) ha asegurado 1 millón de dólares en nuevos pedidos de compra de un socio de logística y fabricación a largo plazo. Los pedidos abarcan el hardware avanzado de OMNIQ y acuerdos de servicio diseñados para mejorar la eficiencia operativa. Se espera que los acuerdos de servicio generen ingresos recurrentes, apoyando la estabilidad financiera y la estrategia de crecimiento de la empresa.
Los pedidos de compra destacan la posición de OMNIQ en la entrega de soluciones impulsadas por inteligencia artificial para operaciones de logística y fabricación. Las soluciones exclusivas de la empresa, impulsadas por IA, permiten una integración sin problemas de hardware y software, mientras que sus acuerdos de servicio brindan soporte continuo y funcionalidad mejorada para los clientes.
OMNIQ Corp. (OMQS)는 장기 물류 및 제조 파트너로부터 100만 달러의 신규 구매 주문을 확보했습니다. 이번 주문은 OMNIQ의 고급 하드웨어와 운영 효율성을 향상시키기 위해 설계된 서비스 계약을 포함합니다. 서비스 계약은 지속적인 수익을 창출할 것으로 예상되어 회사의 재정 안정성과 성장 전략을 지원합니다.
이번 구매 주문은 물류 및 제조 운영을 위한 AI 기반 솔루션을 제공하는 OMNIQ의 위치를 강조합니다. 회사의 독점 AI 구동 솔루션은 하드웨어와 소프트웨어의 원활한 통합을 가능하게 하며, 서비스 계약은 고객을 위한 지속적인 지원과 향상된 기능을 제공합니다.
OMNIQ Corp. (OMQS) a obtenu 1 million de dollars en nouvelles commandes d'achat d'un partenaire logistique et de fabrication à long terme. Les commandes comprennent le matériel avancé d'OMNIQ et des accords de service conçus pour améliorer l'efficacité opérationnelle. Les accords de service devraient générer des revenus récurrents, soutenant la stabilité financière et la stratégie de croissance de l'entreprise.
Les commandes mettent en évidence la position d'OMNIQ dans la fourniture de solutions alimentées par l'IA pour les opérations logistiques et de fabrication. Les solutions exclusives de l'entreprise, basées sur l'IA, permettent une intégration transparente du matériel et des logiciels, tandis que leurs accords de service offrent un soutien continu et des fonctionnalités améliorées pour les clients.
OMNIQ Corp. (OMQS) hat 1 Million Dollar in neuen Bestellungen von einem langfristigen Logistik- und Fertigungspartner gesichert. Die Bestellungen umfassen die fortschrittlichen Hardware- und Servicevereinbarungen von OMNIQ, die darauf abzielen, die betriebliche Effizienz zu verbessern. Es wird erwartet, dass die Serviceverträge wiederkehrende Einnahmen generieren, die die finanzielle Stabilität und Wachstumsstrategie des Unternehmens unterstützen.
Die Bestellungen heben die Position von OMNIQ bei der Bereitstellung von KI-gestützten Lösungen für Logistik- und Fertigungsoperationen hervor. Die eigenen KI-gesteuerten Lösungen des Unternehmens ermöglichen eine nahtlose Integration von Hardware und Software, während ihre Serviceverträge kontinuierliche Unterstützung und verbesserte Funktionalität für die Kunden bieten.
- Secured new purchase orders worth $1 million
- Service agreements expected to generate recurring revenue
- Strengthened relationship with existing long-term customer
- None.
SALT LAKE CITY, Jan. 14, 2025 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCMKTS: OMQS), a leader in AI-powered solutions for logistics, smart city applications, and public safety, has announced
Highlights of the Announcement:
- The new purchase orders include OMNIQ’s advanced hardware and service agreements designed to enhance operational efficiency.
- Service agreements are expected to contribute recurring revenue, reinforcing OMNIQ’s financial stability and long-term growth strategy.
- This collaboration reflects the increasing trust in OMNIQ’s solutions, bolstering the Company's position as a key partner in the logistics and manufacturing industries.
Strategic Advances Supporting This Partnership:
- OMNIQ’s proprietary AI-driven solutions enable seamless integration of hardware and software, improving operational efficiencies in logistics and manufacturing.
- The Company’s advanced service agreements provide ongoing support and enhanced functionality, ensuring sustained performance and value for customers.
- OMNIQ’s dedication to delivering reliable, high-quality technology has solidified its role as a trusted long-term partner in mission-critical environments.
Shai Lustgarten, President and CEO of OMNIQ, expressed his enthusiasm about this achievement:
"This order represents another vote of confidence in our AI-powered solutions and long-standing commitment to operational excellence. By deepening our partnerships, we continue to innovate and deliver value, further positioning OMNIQ as a leader in automation and efficiency within critical industries."
OMNIQ’s diverse portfolio, including advanced AI algorithms for automated identification and management, empowers its customers to streamline operations while meeting modern challenges in logistics, manufacturing, and beyond.
ABOUT OMNIQ
OMNIQ Corp. (OTCQB: OMQS) provides computerized and machine vision image processing solutions that use patented and proprietary AI technology to deliver real time object identification, tracking, surveillance, and monitoring for the Supply Chain Management, Public Safety, and Traffic Management applications. The technology and services provided by the Company help clients move people, and objects and manage big data safely and securely through airports, warehouses, schools, and national borders and in 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 more than doubled, reaching
The Company currently addresses several billion-dollar markets with double-digit growth, including the Global Smart City & Public Safety markets.
For more information about OMNIQ and its suite of AI-driven solutions, please visit www.OMNIQ.com or contact ir@omniq.com.
INFORMATION ABOUT 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
IR@OMNIQ.COM
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/186d669e-8d44-485a-b170-71261d73f692
FAQ
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