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$OMQS AI-based machine vision technology cementing

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Post# of 94265
(Total Views: 160)
Posted On: 10/29/2020 9:13:58 AM
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Posted By: budfoxfun
$OMQS AI-based machine vision technology cementing Company’s solid position as supplier of touchless solutions for multiple industries

SALT LAKE CITY, Oct. 26, 2020 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced that the Company has issued its October 2020 Letter to Shareholders. The letter highlights the Company's recent business developments, growing target markets, and strategy for the future.

Recent highlights include:

Announced a partnership with Zebra Technologies that integrates our AI-based machine vision technology with Zebra’s MotionWorks location solution for advanced logistics yard management

Awarded a $1.0-million purchase order by a leading sales and marketing agency focused on supporting consumer packaged goods companies and retailers

Awarded $1.8-million project related to the implementation of an advanced delivery logistics initiative for a global metal solutions company

Began deployment of SeeDOT™ systems for accurate, automated and real-time monitoring of commercial vehicles at weigh and safety stations in a Southern U.S. state

Announced orders totaling $3.5 million from a worldwide leader in third-party logistics for the supply of mobile data collection devices for order fulfillment and warehouse management

Announced a $4.0-million order from a leading healthcare and pharmaceutical supplier for the supply of mobile data collection devices

Announced a $5.5-million order from a leading supermarket chain for the supply of mobile data collection, computing and communications equipment

Generated sales of $26.5 million for the first six months of 2020


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