Maris-Tech to Participate at the India Homeland Security Expo With Two Major Partners
June 29 2023 - 8:10AM
Maris-Tech Ltd. (Nasdaq: MTEK) (“Maris-Tech” or the “Company”), a
B2B provider of edge AI accelerated video solutions for edge
platforms, today announced that it will participate in the
upcoming India homeland security (“HLS”) Expo that will take place
on July 26 and July 27, 2023. The Company will share a booth with
two of its major partners: Art of Logic (AOL) Australia and
Precision Electronics Limited (PEL) India.
Maris-Tech will also present a live demonstration of two of its
customized AI-based solutions with cutting-edge, unique technology
for HLS applications such as border and crowd surveillance, smart
cities, and critical infrastructure security.
The Jupiter-AI is a low-latency streaming and YOLO-5-based AI
(detection, classification, and tracking) solution for remote
platforms, such as drones, unmanned aerial vehicles (“UAVs”), and
robots using four cameras, including HDSI, analog and USB.
The Callisto platform, a next-generation 8K ultra-HD video and
Hailo-8-based AI acceleration edge computing platform will
demonstrate AOL's AI application using several IP cameras, suitable
for traffic control and safe city applications.
"We are excited to present and demonstrate our innovative
products and their applications together with our partners,
highlighting our successful cooperation with AOL and PEL and a
testimony to Maris-Tech's position in the global HLS market," said
Israel Bar, CEO Maris-Tech.
About Maris-Tech Ltd.
Maris-Tech is a B2B provider of video streaming and AI
technology, founded by veterans of the Israel technology sector
with extensive electrical engineering and imaging experience. Our
products are designed to meet the growing demands of commercial and
tactical applications, delivering high-performance, compact, low
power and low latency solutions to companies worldwide, including
leading electro-optical payload, RF datalink and unmanned platform
manufacturers as well as defense, HLS, and communication companies.
For more information, visit https://www.maris-tech.com.
Forward-Looking Statement Disclaimer
This press release contains "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, that are intended to be covered by the "safe harbor"
created by those sections. Forward-looking statements, which are
based on certain assumptions and describe our future plans,
strategies and expectations, can generally be identified by the use
of forward-looking terms such as "believe," "expect"," "may",
"should," "could," "seek, " "intend, " "plan, " "goal, " "estimate,
" "anticipate" or other comparable terms. For example, we are using
forward-looking statements when we are discussing our participation
in the HLS Expo, our cooperation with AOL and PEL and our position
in the global HLS market. Forward-looking statements are neither
historical facts nor assurances of future performance. Instead,
they are based only on our current beliefs, expectations and
assumptions regarding the future of our business, future plans and
strategies, projections, anticipated events and trends, the economy
and other future conditions. Because forward-looking statements
relate to the future, they are subject to inherent uncertainties,
risks and changes in circumstances that are difficult to predict
and many of which are outside of our control. Our actual results
and financial condition may differ materially from those indicated
in the forward-looking statements. Therefore, you should not rely
on any of these forward-looking statements. Important factors that
could cause our actual results and financial condition to differ
materially from those indicated in the forward-looking statements
include, among others, the following: our ability to successfully
market our products and services, including in the United States;
the acceptance of our products and services by customers; our
continued ability to pay operating costs and ability to meet demand
for our products and services; the amount and nature of competition
from other security and telecom products and services; the effects
of changes in the cybersecurity and telecom markets; our ability to
successfully develop new products and services; our success
establishing and maintaining collaborative, strategic alliance
agreements, licensing and supplier arrangements; our ability to
comply with applicable regulations; and the other risks and
uncertainties described in the Annual Report on Form 20-F for the
year ended December 31, 2022, filed with the SEC on March 6, 2023,
and our other filings with the SEC. We undertake no obligation to
publicly update any forward-looking statement, whether written or
oral, that may be made from time to time, whether as a result of
new information, future developments or otherwise.
Investor
Relations:
Nir Bussy, CFOTel:
+972-72-2424022Nir@maris-tech.com
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