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.

Earnings data Q3 2021

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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, July 15, 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 Q Shield™, AI-based machine vision solution at Port of Ashdod in Israel. Port of Ashdod is the largest Seaport in Israel with Annual Cargo Tonnage of more than 20 million Tons.

OMNIQ's AI Machine Vision Systems to be Deployed at the Largest Seaport in Israel with Annual Cargo Tonnage of more than 20 million Tons

SALT LAKE CITY, July 08, 2021 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCQB: OMQS) (OMNIQ" or the "Company"), a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, announced the closing of its private placement resulting in gross proceeds to OMNIQ of approximately $13.8 million, before deducting placement agent fees and offering expenses, and its previously announced acquisition of 51% of Dangot Computers Ltd. (“Dangot”), a leader in providing state of the art technology enabling frictionless automated order processing & digital payment processing products for retail, fast food and parking, integrated working stations for physicians, drug delivery and blood tests, robotics for smart warehouses, point of sales and other innovative solutions.

OMNIQ Corp Announces Closing of Private Placement of Unregistered Common Stock and Acquisition of 51% of Dangot Computers

SALT LAKE CITY, June 17, 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 Q Shield™, AI-based machine vision solution at the headquarters of a foreign government defense department. OMNIQ System's superior performance is replacing an existing competitor's solution.

OMNIQ's AI Machine Vision Systems to be Deployed at Foreign Defense Department Headquarters

SALT LAKE CITY, June 15, 2021 (GLOBE NEWSWIRE) -- OMNIQ Corp.  (OTCQB: OMQS) (“OMNIQ” or “the Company”), an object identification company providing Artificial Intelligence (AI)-based technology solutions to Safe City, Traffic Management, Public Safety and Supply Chain Automation markets, today announced that it was selected by the City of Watkinsville Georgia to deploy its Q Shield™ Vehicle Recognition and cloud based citation management platform to provide its Police Department with alerts and notifications to vehicles and vehicle license plates that are related to a criminal investigation in addition to supporting city efforts in issuing citations to scofflaws.

OMNIQ Signed Agreement with the City of Watkinsville, Georgia to Deploy its AI-Based Vehicle Recognition Solution in Support of Law Enforcement and Citation of Scofflaws

SALT LAKE CITY, June 08, 2021 (GLOBE NEWSWIRE) -- omniQ Corp (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Artificial Intelligence (AI) and IoT-based solutions, announced today that it has received a contract at Philadelphia International Airport, to deploy its AI Based, EZ Edge™ VRS Deployment Kit which automates and monitors entry and exits of vehicles at the TNC Lane. EZ Edge™ operates on edge-based processing using our deep learning convolutional neural network engine along with our latest virtual loop technology.

omniQ Receives Contract to Deploy AI Based Technology at Philadelphia International Airport

SALT LAKE CITY, June 04, 2021 (GLOBE NEWSWIRE) -- omniQ Corp (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Artificial Intelligence (AI) and IoT - based solutions, announced today a Phase 1 Software as a Service Agreement with a multi-billion dollar top ranked medical center (Medical Center), to deploy its PERCS™ (Permitting, Enforcement, Revenue and Collection) Cloud-hosted Software for campus parking management.   On an annual basis, the Medical Center generates more than $5 billion in revenue, seeing more than 5 million patients, with more than 50,000 employees and runs a campus on more than 100 acres of land. The agreement calls for an initial two-year term of services with one year renewal options.

omniQ Signs Agreement with Multibillion Dollar Medical Center for its AI Based Cloud Software for Campus Parking Management, PERCS™

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SALT LAKE CITY, May 27, 2021 (GLOBE NEWSWIRE) -- omniQ Corp (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Artificial Intelligence and Supply Chain (AI)-based solutions, announced today the receipt of a Software as a Service recurring revenue agreement from ASPIS Parking to deploy its PERCS (Permitting, Enforcement, Revenue and Collection) Cloud-hosted Software for Georgia State University. The agreement also includes deployment of multiple omniQ's eCite Pro™ enforcement vehicles, which includes omniQ's complete AI mobile Vehicle Recognition System, for enforcement of permit violations and citation issuance.

omniQ Receives Purchase Order to Deploy its AI Based Cloud Solution for Georgia State University from ASPIS Parking

SALT LAKE CITY, May 26, 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 it has received purchase orders with a total value of approximately $1.5 million from a leading freight transportation and logistics company which spans more than 40 million square feet of warehousing space, across more than 150 locations with more than 10,000 employees.

OMNIQ Receives $1.5 Million Purchase Order for IoT "Contactless" Data Collection Solution from a Leading Freight Transportation and Logistics Company

OMNIQ Corp. (OMQS) CEO Shai Lustgarten on Q1 2021 Results - Earnings Call Transcript

SALT LAKE CITY, May 14, 2021 (GLOBE NEWSWIRE) -- In a release issued earlier today by omniQ Corp. (OTCQB: OMQS), please note that the date in the headline should read "Q1 2021" instead of "Q1 2020". The corrected release follows:

CORRECTION -- omniQ Corp.

Subsequent to quarter end, OMNIQ announced a definitive agreement to acquire technology leader, Dangot Computers Ltd., creating a combined $91 Million Revenue provider of automation and object identification solutions, positioned to drive increased adoption of OMNIQ's AI Based Offerings

OMNIQ Announces Q1 2020 Revenue increased 43% YoY to $19.8 Million; 100% Growth in AI-Based Technology Contracts

SALT LAKE CITY, May 06, 2021 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ” or “the Company”), an object identification company providing Artificial Intelligence (AI)-based technology solutions to Safe City, Traffic Management, Public Safety and Supply Chain Automation markets announced today that it has entered into a definitive acquisition agreement pursuant to which OMNIQ will acquire 51% of Dangot Computers Ltd. (“Dangot”), a leader in providing state of the art technology enabling frictionless automated order processing & digital payment processing products for retail, fast food and parking, integrated working stations for physicians, drug delivery and blood tests, robotics for smart warehouses, point of sales and other innovative solutions.

OMNIQ Announces Definitive Agreement to Acquire Technology Leader, Dangot Computers Ltd., Creating a Combined $91 Million Revenue Provider of Automation and Object Identification Solutions Positioned to Drive Increased Adoption of OMNIQ's AI Based Offerin

SALT LAKE CITY, May 05, 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 May 14, 2021 at 11:00am Eastern Time to discuss financial results for the first quarter ended March 31, 2021.

omniQ to Host First Quarter 2021 Conference Call

SALT LAKE CITY, May 05, 2021 (GLOBE NEWSWIRE) -- OMNIQ Corp.  (OTCQB: OMQS) (“OMNIQ” or “the Company”), an object identification company providing Artificial Intelligence (AI)-based technology solutions to Safe City, Traffic Management, Public Safety and Supply Chain Automation markets and USGI-Upland Group a security solutions service provider, today announced they had secured an initial order to provide gateless Security, Access Control and Parking Management Solutions into the California market.

omniQ to deploy AI Based Q ShieldTM for Security, Access Control and Parking Management at a mixed-use property in Southern California

SALT LAKE CITY, April 12, 2021 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ” or “the Company”), an object identification company providing Artificial Intelligence (AI)-based technology solutions to Safe City, Traffic Management, Public Safety and Supply Chain Automation markets, today announced initial orders to provide Security and Access Control Solutions into the Florida market. ™

omniQ contracted to deploy AI-Based Q Shield™ for Security and Access Control to Communities and Home Owner Associations in Florida and the Caribbean

•   Customer is a leading, global specialty retailer of apparel and accessories for Men, Women and Kids•    Customer's annual revenue exceeds $3B operates over 750 stores in North America.•    Demonstrates the strength of OMNIQ's customer base combined with the quality of OMNIQ's solutions.

OMNIQ Receives $1.1 Million Purchase Order for Data Collection Solutions achieving over $28M in new orders since January 1st, 2021

OMNIQ Corp. (OMQS) CEO Shai Lustgarten on Q4 2020 Results - Earnings Call Transcript

SALT LAKE CITY, March 31, 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- and twelve-month periods ended December 31, 2020.

OMNIQ Announces Q4 2020 Revenue, up 12% YoY achieving $13 Million in Q4 Revenue; Growth Accelerates in Q1 2021 with a Record $25 Million in New Orders, 100% Growth in AI-Based Technology Contracts

SALT LAKE CITY, March 25, 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 April 1, 2021 at 11:00am Eastern Time to discuss financial results for the fourth quarter and full year ended December 31, 2020.

omniQ to Host Fourth Quarter and Full Year 2020 Conference Call

omniQ partners with local leading corporation Professional Logistics South Africa (Pty) Ltd (Professional) to pursue warehouse, security and Access Control opportunities

omniQ's AI Based Solutions Expands into the 1.2 Billion Person African Market

SALT LAKE CITY, March 05, 2021 (GLOBE NEWSWIRE) -- OMNIQ Corp (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced today that it has received an approximately $6.8 million purchase agreement from one of the largest specialty retailers in the U.S, which generates over $2 billion in annual revenue. The agreement calls for the supply of mobile computerized IoT equipment designed to support retail automation and inventory control applications, as well as DC supply chain solutions and a growing e-commerce business.

OMNIQ Receives $6.8 Million Purchase Agreement from a leading specialty retailer

﻿• Achieving record of over $17 Million Dollars in new orders since January 1, 2021• Original $1.8 Million Order Doubles in Five-Months• Project includes supply of mobile devices, software and services for the implementation of an advanced logistics program for product deliveries

OMNIQ Corp. Announces $3.5-Million Expanded Project with a Multi-billion Dollar Global Metal Solutions Provider

SALT LAKE CITY, Feb. 17, 2021 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ” or “the Company”), an object identification company and provider of Artificial Intelligence (AI) and IoT-based solutions, today announced that the Company has been selected to advance to the Operational Phase of the Pilot. omniQ's Innovative technology is geared for urban traffic enforcement along exclusive lanes – public transportation and high-occupancy vehicle (HOV) lanes. omniQ's technology addresses a severe problem as a global traffic survey (in 2017) points out, drivers in New York spent 91 peak hours stuck in traffic. This traffic congestion will cost an average of $100 billion over the next five years.

omniQ's Proprietary AI Based Vehicle Recognition Systems Selected for Urban Traffic Management and Regulation Enforcement Projects

SALT LAKE CITY, Feb. 11, 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 it has received a purchase order with a value of approximately $2.1 million from a Fortune 100 retailer for the supply of Software Solutions for Data and IoT device, management enabling automation & efficiencies thoughout all the supply chain levels of the customer.

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