OMNIQ Corp

OMNIQ Corp. provides computerized and machine vision image processing solutions. It uses 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 company's services and technology helps clients to move people, assets and data through airports, warehouses, schools, national borders, and many other applications and environments. It serves government agencies and companies from several sectors, including manufacturing, retail, distribution, food and beverage, transportation and logistics, healthcare, and oil, gas, and chemicals. The company was founded in 1973 and is headquartered in Salt Lake City, UT.

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OMNIQ Corp reports robust Q1 earnings and accelerates AI innovations

OMNIQ Corp's Q1 2024 earnings call highlighted strong financial performance, strategic investments in AI and Fintech sectors, and a focus on profitability and operational efficiency.
The company's progress in reducing operating losses, increasing gross profit, and advancing AI products underscore its commitment to growth and innovation.
With a solid foundation in place, OMNIQ is poised to navigate challenges, capitalize on opportunities, and drive continued success in the evolving tech landscape.

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OMNIQ Corp. engages in the provision of computerized and machine vision image processing solutions. It uses 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 company's services and technology help clients to move people, assets and data through airports, warehouses, schools, national borders, and many other applications and environments. It serves government agencies and companies from several sectors, including manufacturing, retail, distribution, food and beverage, transportation and logistics, healthcare, and oil, gas, and chemicals. The company was founded in 1973 and is headquartered in Salt Lake City, UT.

SALT LAKE CITY, Nov. 15, 2021 (GLOBE NEWSWIRE) -- OMNIQ Corp.  (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced its financial results for the three month period ended September 30, 2021.

OMNIQ Announces 30% increase YOY in Q3 Revenue to $20.5 Million, Nine-Month Revenue increased 26% to a Record $53.4 Million, Q3 YoY Gross Profit increased 66% to $4.7M

SALT LAKE CITY, Nov. 12, 2021 (GLOBE NEWSWIRE) -- OMNIQ Corp (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced today that it has received an approximately $4.0 million purchase agreement from a top, Midwest-based (3PL) third-party logistics client. omniQ will supply Android-based rugged data collection, computing and communication equipment to the 3PL customer's distribution centers across the United States. The 3PL customer has annual revenue of over $400 million and more than 3,000 employees. The multi-year deployment including the previous agreement announced on October 27, 2021 is valued at approximately $7.0 million.

OMNIQ Receives additional $3.0 Million Purchase Agreement from Midwest-Based Third-Party Logistics Client

SALT LAKE CITY, Nov. 10, 2021 (GLOBE NEWSWIRE) -- omniQ   Corp.  (NASDAQ: OMQS) (“omniQ ” or “the Company”), an object identification company providing Artificial Intelligence (AI)-based technology solutions to the Supply Chain Automation, Traffic Management, Public Safety and Safe City markets, and majority owner of Dangot Computers Ltd (Dangot), announced today that Israel's largest HMO, serving over 4.7 million citizens has chosen Dangot to provide its Intelligent Healthcare Carts to be used in customer's 14 Hospitals, and over 2,000 clinics.

Omniq's subsidiary Dangot Computers Ltd awarded with an approximate $2 Million order for Intelligent Healthcare Carts (IHC) from Israel's Largest Health Maintenance Organization (HMO)

SALT LAKE CITY, Nov. 09, 2021 (GLOBE NEWSWIRE) -- OMNIQ Corp (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced that it will host a conference call and webcast on Nov 16, 2021 at 11:00am Eastern Time to discuss financial results for the third quarter ended September 30, 2021.

omniQ to Host Third Quarter 2021 Conference Call

SALT LAKE CITY, Oct. 27, 2021 (GLOBE NEWSWIRE) -- OMNIQ Corp (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced today that it has received an approximately $4.0 million purchase agreement from a top, Midwest based third party logistics (3PL) client. omniQ will supply Android-based rugged data collection, computing and communication equipment to the 3PL customer's distribution centers across the United States. The 3PL customer has annual revenue of over $400 million and more than 3,000 employees. The multi-year deployment is valued at approximately $4.0 million, which includes an immediate $400,000 opening delivery.

OMNIQ Receives $4.0 Million Purchase Agreement from Midwest-Based Third-Party Logistics Client

SALT LAKE CITY, Oct. 22, 2021 (GLOBE NEWSWIRE) -- OMNIQ Corp (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced today that it has received approximately a $7.8 million purchase agreement from one of the largest food distributors in the U.S. and North America for the supply of mobile computerized IoT equipment designed to collect, identify, track and trace assets as well as share and connect as part of the supply chain system of the customer. Since February 2021, omniQ has now received over $13 million in orders from the same leading food distributor.

OMNIQ Receives $7.8 Million Purchase Order From Leading U.S. Food Distributor

Artificial Intelligence (AI) and IoT-based solutions provider OMNIQ Corp (NASDAQ: OMQS) and emergency management platform 911inform LLC collaborated to deliver technology solutions for AI-based object recognition and location discovery.  The joint partnership will expand and enhance the product line for both companies and provide a more secure and responsive solution to public safety and their respective customers.

OMNIQ Collaborates With 911inform To Expand Offerings, Sales Channels

SALT LAKE CITY, Oct. 12, 2021 (GLOBE NEWSWIRE) -- omniQ Corp.  (NADSAQ: OMQS) (“omniQ ” or “the Company”), a provider of Artificial Intelligence (AI) and IoT – based solutions, and 911inform LLC (“911inform”) have entered into a partnership to deliver technology solutions for AI-based object recognition and location discovery. 911inform is an emergency management platform that provides first responders and on-site personnel with real-time situational awareness and pinpoint location data during an emergency. 911inform's single pane of glass solution provides detailed maps, live video feeds and bi-directional communications to authorities during an emergency, as well as, remote control of doors, cameras, phones, HVAC, fire and alarm systems, paging, strobes and other IoT premised-based technologies.

omniQ Partners with 911inform to Expand Offerings and Sales Channels for AI-Based Object Identification and Location Discovery Solutions

SALT LAKE CITY, Oct. 08, 2021 (GLOBE NEWSWIRE) -- omniQ Corp.  (NASDAQ: OMQS) (“omniQ” or “the Company”), a provider of Artificial Intelligence (AI) and IoT – based solutions, announced that Shai Lustgarten, company's CEO will ring the Nasdaq Stock Market Closing Bell today. This comes after the company began listing its common shares on The Nasdaq Capital Market on September 2, 2021.

omniQ's CEO to Ring the Nasdaq Stock Market Closing Bell

SALT LAKE CITY, Oct. 07, 2021 (GLOBE NEWSWIRE) -- omniQ Corp. (NASDAQ: OMQS) (“omniQ” or “the Company”), a provider of Artificial Intelligence (AI) and IoT – based solutions, announced today that management will present at the 2021 LD Micro Main Event in Los Angeles, CA October 12, 2021 at 4:30pm PT.

omniQ to Present at the 2021 LD Micro Main Event in Los Angeles, CA on October 12, 2021 at 4:30pm PT

SALT LAKE CITY, Oct. 05, 2021 (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 been selected by the City of Adrian Georgia 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 issue citations to scofflaws driving through the city with outstanding traffic violations.

OMNIQ's QShield AI-Based Vehicle Recognition Technology Selected in Adrian, Georgia to Crack Down on Crime and Enforce Traffic Violations

SALT LAKE CITY, Sept. 27, 2021 (GLOBE NEWSWIRE) -- omniQ Corp.   (NADSAQ: OMQS) (“omniQ ” or “the Company”), a provider of Artificial Intelligence (AI) and IoT – based solutions, will deploy omniQ VISION at Miami International Airport (MIA). omniQ was selected by DESIGNA Access Corporation to deploy omniQ VISION, its advanced A.I. based license plate recognition (LPR) and vehicle recognition technology. omniQ VISION is now deployed at more than 40 airports, including 50% of the top 20 hub airports in the U.S. including Atlanta, Dallas Fort Worth, Los Angeles International Airport and John F. Kennedy Airport in New York.

omniQ Advanced A.I. Based License Plate Recognition Systems ordered to be deployed at the Miami International Airport (MIA)

SALT LAKE CITY, Sept. 15, 2021 (GLOBE NEWSWIRE) -- omniQ Corp (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Artificial Intelligence (AI) and IoT – based solutions, announced today it has received a 10-year contract from La Sierra University to deploy its PERCS™ (Permitting, Enforcement, Revenue and Collection) software for campus parking management. The contract includes an upgrade to OMNIQ's new eCite Pro LPR system, enabling license plate digital chalking for time-based parking enforcement.

omniQ Receives 10-Year Contract from La Sierra University for its AI Based Machine Vision and Software for Campus Parking Management, PERCS™

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SALT LAKE CITY, Sept. 08, 2021 (GLOBE NEWSWIRE) -- omniQ Corp.  (NADSAQ: OMQS) (“omniQ ” or “the Company”), a provider of object identification, automation and Artificial Intelligence (AI)-based solutions, to the Supply Chain Automation, Traffic Management, Public Safety, Public Health, retail and Safe City markets, announced today that management will participate in Lake Street Capital Markets' 5th Annual Best Ideas Growth (BIG5) Conference on September 14, 2021.

OMNIQ to Participate in Lake Street Capital Markets' 5th Annual Best Ideas Growth (BIG5) Conference

SALT LAKE CITY, Aug. 31, 2021 (GLOBE NEWSWIRE) -- omniQ Corp.  (OTCQB: OMQS) (“omniQ ” or “the Company”), a provider of object identification, automation and Artificial Intelligence (AI)-based solutions, to the Supply Chain Automation, Traffic Management, Public Safety, Public Health, retail and Safe City markets, is pleased to announce that the Company's common stock has been approved for listing on The Nasdaq Capital Market (the "Nasdaq"). Trading of OMNIQ's shares on the Nasdaq is expected to begin at the market open on Thursday, September 2, 2021 under the symbol "OMQS".

OMNIQ to Begin Trading on NASDAQ

OMNIQ Corp. (OMQS) CEO Shai Lustgarten on Q2 2021 Results - Earnings Call Transcript

SALT LAKE CITY, Aug. 12, 2021 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by OMNIQ Corp. (OTCQB: OMQS), please note that the date in the Conference Call Information section should state that the conference call would take place on August 13, 2021, not August 6, 2021. The corrected release follows:

CORRECTION – OMNIQ Announces Record Six Months Revenue of $33M, a 24% Growth YoY and Second Quarter 3.5% Growth to $13.1M

SALT LAKE CITY, Aug. 12, 2021 (GLOBE NEWSWIRE) -- OMNIQ Corp.  (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced its financial results for the three month period ended June 30, 2021.

OMNIQ Announces Record Six Months Revenue of $33M, a 24% Growth YoY and Second Quarter 3.5% Growth to $13.1M

SALT LAKE CITY, Aug. 11, 2021 (GLOBE NEWSWIRE) -- omniQ Corp.  (OTCQB: OMQS) (“omniQ ” or “the Company”), an object identification company providing Artificial Intelligence (AI)-based technology solutions to the Supply Chain Automation, Traffic Management, Public Safety and Safe City markets, announced today that management will present at:

OMNIQ to Present at the Sidoti Virtual Microcap Conference on Wednesday, August 18, 2021

SALT LAKE CITY, Aug. 11, 2021 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Artificial Intelligence (AI) and IoT - based solutions, announced today it has received an order to deploy its AI-based machine vision solution at the border checkpoint between Israel and Jordan.

OMNIQ's AI Systems to be deployed at the Border Check Point between Israel & Jordan

SALT LAKE CITY, Aug. 10, 2021 (GLOBE NEWSWIRE) -- omniQ Corp.  (OTCQB: OMQS) (“omniQ ” or “the Company”), an object identification company providing Artificial Intelligence (AI)-based technology solutions to the Supply Chain Automation, Traffic Management, Public Safety and Safe City markets, today announced an announced that it will host a conference call and webcast on August 13, 2021 at 11:00am Eastern Time to discuss financial results for the second quarter ended June 30, 2021.

omniQ to Host Second Quarter 2021 Conference Call

SALT LAKE CITY, Aug. 03, 2021 (GLOBE NEWSWIRE) -- omniQ   Corp.  (OTCQB: OMQS) (“omniQ ” or “the Company”), an object identification company providing Artificial Intelligence (AI)-based technology solutions to the Supply Chain Automation, Traffic Management, Public Safety and Safe City markets, and majority owner of Dangot, announced today that Aroma Espresso Bar (Aroma), the largest coffee chain in Israel with branches in the US, Canada and other countries, has chosen Dangot to provide its self-service kiosks. According to a Forbes article titled “Self-Order Kiosks Are Finally Having A Moment In The Fast Food Space”, written by Alicia Kelso (1), it is predicted that the self-service kiosk market will reach $30.8 billion by 2024.

Aroma Espresso Bar, the Largest Coffee Chain in Israel with branches in the US and Canada, has Chosen Dangot (omniQ's subsidiary) to Provide its Self-Service Kiosks – a Market Expected to Reach $30.8 Billion by 2024

SALT LAKE CITY, July 23, 2021 (GLOBE NEWSWIRE) -- omniQ Corp (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Artificial Intelligence (AI) and IoT - based solutions, announced today it has received a 3-year contract from Cypress College in California to deploy its PERCS™ (Permitting, Enforcement, Revenue and Collection) Platinum software for cloud hosted permitting and enforcement smart campus parking management platform.

omniQ Receives a 3-Year Contract to Deploy its AI Based Machine Vision Solution from Cypress College in California for Smart and Flexible Campus Parking Management

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