OMNIQ CORP - OMQS STOCK NEWS

OMNIQ Corp (NASDAQ: OMQS) announced a $4.0 million purchase agreement with a Midwest-based third-party logistics client for the supply of Android-based rugged data collection and communication equipment to distribution centers nationwide. This contract includes an immediate $400,000 delivery and ongoing deliveries extending into fiscal year 2022 and beyond. The client boasts annual revenues exceeding $400 million and employs over 3,000 people. OMNIQ is recognized for its advanced Android solutions that streamline logistics and inventory management.

OMNIQ Corp (NASDAQ: OMQS) has secured a $7.8 million purchase agreement from a leading food distributor in North America, adding to over $13 million in orders since February 2021. The contract involves providing IoT solutions for distribution centers across the US and Canada, including technical support and device management software. The customer, with annual revenues exceeding $11 billion, serves over 100,000 clients, emphasizing automation and efficiency in its supply chain operations. This partnership reflects strong confidence in OMNIQ's IoT capabilities and customer retention strategy.

OMNIQ Corp. (NASDAQ: OMQS) announced a purchase order worth approximately $1.8 million from a Fortune 500 IT supply chain provider. This long-term customer will implement Zebra data collection hardware, completing their transition from WM to Android. The order includes rugged mobile computers to enhance automation, digital monitoring, and efficiencies throughout the supply chain. OMNIQ provides a suite of mobility solutions designed for quick and accurate data collection, which improves retail operations. The company continues to see strong momentum in its business growth.

omniQ Corp. (NASDAQ: OMQS) announced a partnership with 911inform to enhance AI-based object recognition and emergency management solutions. This collaboration aims to improve public safety by integrating omniQ’s technologies into 911inform’s platform, enabling real-time situational awareness for first responders. The partnership will also expand their product offerings, and both companies stand to benefit from a broader distribution channel. omniQ has reported annual revenues exceeding $50 million and is poised to capitalize on growing markets like the Global Safe City market, projected to reach $29 billion by 2022.

omniQ Corp. (NASDAQ: OMQS) has announced that CEO Shai Lustgarten will ring the Nasdaq Stock Market Closing Bell today. This event follows the company's listing on The Nasdaq Capital Market on September 2, 2021. omniQ delivers AI and IoT solutions for various sectors, including supply chain and public safety, boasting annual revenues exceeding $50 million. Additionally, omniQ recently acquired 51% of Dangot Computers Ltd, enhancing its capabilities in automated processing technologies. The company operates in growing markets like Safe Cities and Ticketless Parking.

omniQ Corp. (NASDAQ: OMQS), a leader in AI and IoT solutions, will present at the 2021 LD Micro Main Event in Los Angeles on October 12, 2021, at 4:30 PM PT. The conference will highlight omniQ's advancements in computerized image processing and their recent acquisition of 51% of Dangot, further enhancing their innovative technology offerings for retail and logistics. Additionally, omniQ targets billion-dollar markets such as Safe Cities and Ticketless Safe Parking, expected to reach $29 billion and $5.2 billion respectively by 2022 and 2023.

OMNIQ Corp. (OTCQB: OMQS) has secured a three-year agreement with the City of Adrian, Georgia, to implement its QShield vehicle recognition systems (VRS) technology. This initiative is part of the Safe City force multiplier program, enabling local law enforcement to rapidly identify vehicles linked to outstanding traffic violations and criminal investigations. The QShield system will automatically alert the police when suspect vehicles pass its sensors, facilitating timely citations and enhancing public safety.

omniQ announces the deployment of its VISION AI-based license plate recognition system at Miami International Airport, following a contract with DESIGNA Access Corporation. This marks another milestone as omniQ's technology is now utilized in over 40 airports, including major hubs like ATL, DFW, and LAX. Miami International, ranked #11 in the U.S. for passenger boardings, becomes Florida's fourth major hub to adopt this advanced AI solution. The deployment is set for Q4 2021, enhancing operational efficiency and safety.

omniQ Corp (NASDAQ: OMQS) has secured a 10-year contract with La Sierra University to deploy its proprietary PERCS™ software for parking management. This includes an upgrade to the eCite Pro LPR system for enhanced time-based enforcement. The agreement also features a Gold Service Level Agreement for comprehensive support. omniQ's PERCS™ offers features like virtual permits, mobile enforcement, and PCI-compliant payment collection, underscoring its commitment to advanced AI solutions and recurring revenue.