OMNIQ’s Q Shield AI-Based Vehicle Recognition Technology Selected in Georgia to Crack Down on Crime and Enforce Uninsured and Registration Violations…

SALT LAKE CITY, Feb. 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 a city in the state of Georgia to deploy its Q Shield vehicle recognition systems (VRS) technology to identify any vehicle driving through city which is uninsured or in violation of its registration requirements. Q Shield addresses a problem in Georgia that is endemic across the United States, that approximately 36 million uninsured vehicles are traversing our nation's roads every day and states are losing millions of dollars from unregistered vehicles on the road.

Q Shield, OMNIQs 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 provided by thousands of sensors already deployed.

OMNIQs Battle Proven AI-based Machine Vision systems are installed in over 30 airports in the US, including JFK, La Guardia, LAX, Miami and many others, as well as in sensitive areas worldwide, for Safe City/Security purposes.

When a vehicle that does not have the required liability coverage or is in violation of the vehicle registration requirements passes Q Shields sensors, deployed throughout the city, in real-time OMNIQs Q Shield system triggers a 'notice of violation' which will be mailed to the vehicles registered owner, said Sandy Mayer VP Sales and Marketing OMNIQ Vision.

For this phase of the program, Q Shield, OMNIQs VRS solution will be installed in several key intersections throughout the city to efficiently and accurately capture vehicle data, including license plate number, color, make, and model. Q Shields 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,said Sandy Mayer.

We are excited to provide our machine vision VRS technology to benefit the citizens of the city and assist the citys local Police Department, said Shai Lustgarten, CEO of OMNIQ.

Despite their usefulness in helping police solve crimes, automatic license plate and vehicle recognition (VRS) solutions are often beyond the reach of many smaller municipalities. The cost of a such needed, especially in todays environment, efficient solution, can often exceed budgetary limits. We are proud with our Q Shield product, deployed and a major player in terror prevention for governments, around the world, now available and affordable to protect all citizens anywhere,said Shai Lustgarten.

Municipalities now are able to join our program which thanks to the revenues generated through Q Shields offering, and a unique pricing model introduced by OMNIQ, we are delighted to be able to overcome those hurdles that prevent municipalities today, from getting their citizens the security, safety and services they deserve, said Mr. Lustgarten.

About OMNIQ Corp.OMNIQ Corp. (OTCQB: 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.

OMNIQs 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, visit http://www.omniq.com.

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Investor Contact:888-309-9994IR@omniq.com

James CarbonaraHayden IR(646)-755-7412james@haydenir.com

Brett MaasHayden IR(646) 536-7331brett@haydenir.com

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OMNIQ's Q Shield AI-Based Vehicle Recognition Technology Selected in Georgia to Crack Down on Crime and Enforce Uninsured and Registration Violations...