OMNIQ’s Q Shield™ AI-Based Safe City system, Selected in the City of East Dublin, Georgia To Combat Crime and Enforce Traffic Violations
June 17 2022 - 8:45AM
OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a
provider of Supply Chain and Artificial Intelligence (AI)-based
solutions, today announced that the Company has been selected by
the City of East Dublin to deploy its QShield vehicle
recognition systems (VRS) technology and its cloud based citation
management platform to identify any vehicle driving through the
city which is on a National Crime Information
Center (NCIC) data base or the Georgia Bureau of
Investigations Database (GBI Database) and cite violators who
drive through the city with outstanding traffic violations.
QShield, OMNIQ’s AI-based machine vision VRS
solution uses patented Neural Network algorithms that imitate human
brains for pattern recognition and decision-making. More than
17,000 OMNIQ AI based machine vision sensors are installed
worldwide, including approximately 7,000 in the U.S. Based on
superior accuracy and patented features like identification of make
and color combined with superior accuracy based on the
sophisticated algorithm and machine learning that largely depends
on accumulated data provided by thousands of sensors already
deployed.
“Momentum continuous with rapid growing demand
for Q Shield, following the successes with our first safe city
deployments. Q Shield proves itself as a major force multiplier for
law enforcement. East Dublin follows other cities in Georgia taking
advantage of our revenue share opportunity. By offering a revenue
model economic structure we have created a win-win situation for
the people and authorities and more importantly we are creating
safer cities with unbiased accountability of the citizens.
Taking care of today's problems and preventing
tomorrow's disasters is our core strategy.” Shai Lustgarten,
CEO.
QShield, OMNIQ’s VRS solution will be installed
in 2 key intersections throughout the city to efficiently and
accurately capture vehicle data, including license plate number,
color, make, and model. QShield’s technology will also be used to
provide local law enforcement with timely alerts for any vehicle on
a federal, state, and local law enforcement wanted list in addition
to enforcing the traffic violations above”.
About OMNIQ Corp:
OMNIQ Corp. 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.
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 please visit www.omniq.com.
Contact:
Corporate Contact
Koko Kimball
(385) 758-9241
IR@omniq.com
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