OMNIQ AWARDED A MULTI YEAR SUPPLY CONTRACT FROM “CLALIT” ISRAEL'S LARGEST HEALTH ORGANIZATION, TO PRODUCE, SUPPLY, AND INSTALL SELF SERVICE PATIENT MANAGEMENT KIOSKS WITH AN ESTIMATED VALUE OF $3M.
January 09 2023 - 8:42AM
omniQ Corp. (NASDAQ: OMQS) (“omniQ ” or “the Company”), a
provider of Artificial Intelligence (AI)-based technology solutions
to Supply Chain Automation, Parking, Security and Kiosks announced
its subsidiary Dangot Computers Ltd, has received a multi-year,
supply and maintenance contract from Clalit, Israel’s largest HMO
providing Self Service Patient Management Kiosks. The kiosks will
be utilized in 14 Hospitals and 2,000 plus clinics serving over 50%
of the Israeli population. Estimated value of the contract is $3M.
The hospitals and clinics are known for quality, innovation and
achieving the coveted JCI Accreditation.
Shai Lustgarten, CEO of OMNIQ commented, “This
is another significant follow-on order from Israel’s largest HMO
and we are excited to be part of making a difference in the health
care sector that will benefit patients today and also many
generations to come. Our health care solution will help improve
efficiency and accessibility, while saving money and eliminating
wasted time for both the staff and patients. In addition, utilizing
our Kiosks will help increase patient safety, improve self-care
disease management, all while reducing human errors. Our healthcare
business has experienced accelerated growth over the past 2 years
as automation and computerized systems are essential for efficient
service and robust data exchange. As healthcare budgets expand, we
expect our opportunities for growth to continue.”
omniQ’ Corp’s subsidiary, Dangot, was the
pioneer in providing computerized services with smart integrated
solutions and is the leading supplier of Intelligent Carts and
Kiosks to most of the hospitals in Israel. The company’s Kiosks
integrates communication capabilities, printer and Bar Code readers
for automatic identification of the patient, connected to a
powerful computer that contains patients’ files minimizing human
errors, providing faster and better service experience to the
patient.
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 $50
million from clients in the USA and abroad. 14 Safe city active
deployments.
The Company currently addresses several
billion-dollar markets, including the Global Safe City market,
forecast to grow to $29 billion by 2022, and the Ticketless Safe
Parking market, forecast to grow to $5.2 billion by 2023. For more
information, visit www.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. 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 https://www.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.
Koko Kimball(385)-758-9241kkimball@omniq.com
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