Things are going on at HTS.

    News & Events

In the media

21/05/2020
OMNIQ Wins AI-Machine Vision Based Smart City Project For San Mateo, California

Salt Lake City, UT (May 21, 2020) – OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ” or “the Company”) announces that it has been awarded a key project by the city of San Mateo, California to provide an innovative cloud-based Smart City  parking and traffic control solution.  The system is based on OMNIQ’s AI-Machine Vision technology integrated with its recently acquired PERCS™ solution that will assist in keeping the streets of San Mateo safe, secure and congestion-free by automating the enforcement and citation of traffic and parking regulations on city streets.

 

Read Full Press Release ->>

15/05/2020
OMNIQ First Quarter 2020 Revenue Shows Sequential Increase of 21% Compared to Fourth Quarter 2019
  • Gross Margins Increase 200 Basis Points Over Fourth Quarter 2019
  • Acquisition Closed in First Quarter 2020 Transforms OMNIQ Into a Prime Contractor in Billion- Dollar Ticketless Parking Vertical
  • Multiple Recent Technology Advancements Including Patent Filed for SeeHOV™ Solution for High Occupancy Vehicle (HOV) Detection
  • Recently Received $6.8 Million in Follow-on Orders From Leading U.S. Supermarket Chain and a Trucking Company for Android-based Handheld IoT Touch Screen Computers

Salt Lake City, UT, May 14, 2020 – OMNIQ Corp. (OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced its financial results for the three month period ended March 31, 2020.

 

Shai Lustgarten, CEO, commented, “Our first quarter revenue demonstrated 21% sequential growth over our fourth quarter 2019 revenue, with a run rate slightly below 2019 full year revenues of $57.7 million. Along with the rest of the world, we are feeling the impact of the COVID-19 pandemic and we attribute our relative success to our diversified end markets and our strength in the food and drug industry. These sectors have maintained ongoing operations which drove accelerated demand for our supply chain solutions. In other verticals like Smart City, Public Safety and Parking that require travelling, face-to- face meetings and our physical involvement in installations, we encountered order delays but thus far have not received any project cancellations. We expect purchase orders to pick up soon, as economies begin to more fully open after the COVID-19 shutdown. Given the challenging environment, while first quarter 2020 revenue grew sequentially and was higher than fourth quarter 2019, it came in below our particularly strong 2019 first quarter. Toward the close of the first quarter through the start of the second quarter, we announced several purchase orders totaling approximately $6.8 million, which adds to our confidence that we will exit the COVID-19 situation with solid positioning in the marketplace. We are enthusiastic about the opportunities ahead to drive our strategy to develop and market innovative, industry-changing AI-Machine Vision technologies.

 

View Full Press Release –>

13/05/2020
OMNIQ to Host Conference Call to Discuss First Quarter 2020 Results

Salt Lake City, UT, May 13, 2020 – OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, will host a conference call and webcast on Friday, May 15, 2020 at 11:00 a.m. Eastern Time to provide an update on the quarter ended March 31, 2020.

 

To access the live webcast, go to the Company’s website at www.questsolution.com, and click on the Investor Relations tab.

 

To participate in the call by phone, dial (877) 407-9210 approximately five minutes prior to the scheduled start time. International callers please dial (201) 689-8049.

 

A replay of the teleconference will be available until June 15, 2020 and may be accessed by dialing (877) 481-4010. International callers may dial (919) 882-2331.  Callers should use conference ID: 34850.

 

Read Full Press Release –>>

28/04/2020
OMNIQ Corp. Announces $3.9 Million Order From Leading U.S. Supermarket Chain for Android-Based Handheld IoT Touch Screen Computers

Salt Lake City, UT, April 28, 2020 – OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced that it has received a purchase order valued at more than $3.9 million from one of the largest U.S. supermarket chains for the supply of mobile data collection, computing and communications equipment. The order represents follow-on business from this customer, who recently purchased $1.5 million in handheld equipment from OMNIQ.

 

The rugged handheld mobile computers are designed to enhance the productivity of the retail workforce by providing the ability to scan inventory and to track data using integrated features through a handheld device, with the fastest and most dependable wireless connection inside and outside four walls. The industrial-designed device improves logistics efficiencies by enabling quick and accurate control of data collection, shipping/receiving and inventory management.

 

Read Full Press Release –>

24/04/2020
OMNIQ Corp. Introduces SeeHOV™ AI- Machine Vision Solution for High Occupancy Vehicle (HOV) Violation Detection

Salt Lake City, UT (April 24, 2020) – OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ”, “the Company”) introduces SeeHOV™, an AI-Machine Vision-based, state-of-the art solution for the efficient and accurate detection of vehicle occupants. The Company filed a patent on April 21, 2020 for the solution’s novel method and system (USPTO application No. 63/013,523: “AUTOMATED HOV VIOLATION DETECTION”).

 

HOV lanes, were created for use by cars carrying more than one occupant, with the goal of increasing average vehicle occupancy to reduce traffic congestion and air pollution. Historically, HOV violation enforcement has been a manual process, with few available commercial systems that successfully automate the process. Under existing protocols, police officers observe vehicles using the HOV lane and pull over drivers who appear to be alone. This can be a difficult and dangerous task as it requires that police vehicles accelerate to highway speeds, merge into busy traffic, and issue side-of-the-road citations and these challenges limit the enforcement of HOV lanes, resulting in their abuse by drivers. For example, according to the California Highway Patrol, up to 39 percent of the cars in a diamond lane during peak commute times contain only one passenger, in violation of HOV requirements. In addition to promoting the safety of traffic officers, a machine-to-machine solution enables the capture of revenue lost when a traffic stop doesn’t occur. SeeHOV™ implements AI and deep learning to provide an accurate, reliable automated solution that records the violation and generates a ticket.

 

Read Full Release ->

20/04/2020
OMNIQ Appoints Dr. Barak Hershkovitz, General Motors’ Director of Connected Customer Mobility Solutions Engineering, to Its Advisory Board

Salt Lake City, UT, April 20, 2020 – OMNIQ Corp., Inc. (OTCQB: OMQS), (“OMNIQ” or “the Company”) a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, has announced the appointment of Dr. Barak Hershkovitz to its Advisory Board, as a technology advisor.

 

Dr. Hershkovitz currently serves as Director, Connected Customer Mobility Solutions Engineering at General Motors, where he manages the development of highly innovative automotive products in the areas of electrification, connectivity and transportation as a service. He is responsible for the development of GM’s Electric Vehicle (EV) software, connected vehicle global solutions and fleet mobility solutions. Dr. Hershkovitz has significant expertise with applications that heighten customer experience, electric vehicle and energy services, transportation as a service, mobility and fleet services, enterprise software, complex systems and big data driven solutions. During his time at GM, his work has been recognized through his selection for three innovation awards. Throughout his distinguished career, Dr. Hershkovitz has played an integral part in the development of several patents. Earlier in his career, he served as CTO for Better Place, an electric vehicle service and network, developed SAP enterprise software and lent his expertise to several technology start-ups. Dr. Hershkovitz is a medical doctor who earned his degree at The Hebrew University of Jerusalem.

 

Read Full Press Release –>

20/04/2020
John Whiteman to speak at the Parking Network Virtual Conference

John Whiteman will be speaking at the Parking Network Virtual Conference on Tuesday, April 21 at 1:00 p.m. EST.  Register for webinar: https://register.gotowebinar.com/register/6782639148252963339

#OMQS

 

03/04/2020
OMNIQ to Host Conference Call to Provide 2019 Year End Update

Salt Lake City, UT, April 2, 2020 – OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, will host a conference call and webcast on Tuesday, April 7, 2020 at 11:00 a.m. Eastern Time to provide an update on the year ended December 31, 2019.

 

To access the live webcast, go to the Company’s website at www.questsolution.com, and click on the Investor Relations tab.

 

To participate in the call by phone, dial (877) 407-9210 approximately five minutes prior to the scheduled start time. International callers please dial (201) 689-8049.

 

A replay of the teleconference will be available until April 21, 2020 and may be accessed by dialing (877) 481-4010. International callers may dial (919) 882-2331. Callers should use conference ID: 34018.

01/04/2020
OMNIQ’s CEO Interviewed on “CEO Roadshow”

Salt Lake City, UT, April 1, 2020 – OMNIQ Corp. (OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced that its CEO, Shai Lustgarten, recently conducted an interview with Mike Elliott of CEO Roadshow.


Interview Highlights:

  • OMNIQ provides unique and scalable AI-Machine Vision technology solutions to the Public Safety, Supply Chain and Automated parking industries
  • Company customer base comprised of Fortune 500 leading companies, governments, municipalities, schools and colleges, cultural and religious centers and others.
  • Company participates in rapidly growing, multi-billion dollar market verticals

Read Full Press Release ->>

31/03/2020
OMNIQ Reports Full Year 2019 Revenue Increase to $57.2 Million; Gross profit increases to $14.0 Million

Salt Lake City, UT, March 30, 2020 – OMNIQ Corp. (OMQS) (“OmniQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced its financial results for the three month and year-end periods ended December 31, 2019.

 

Shai Lustgarten, CEO, commented, “OMNIQ made tremendous progress during 2019, achieving $57.2 million in revenue, with gross profit improving by $1 million and we also reduced operating expenses before Research and Development and Depreciation and Amortization by $1 million.   We increased our R&D investment for the continued development of AI-Machine Vision technologies because we believe there is a significant opportunity to capitalize on these technologies that are essential components for the multi-billion-dollar Supply Chain market, where we have a strong and solid existing customer base of Fortune 500 corporations. Additionally, we are partnering with our customers to provide a technology that imitates the human neural network in a machine vision engine with industry leading accuracy and a shortened machine learning process.  This is the growth engine for our Company given our solutions’ ability to improve operating efficiencies and support applications across a broad variety of end markets such as Public Safety, Traffic Management, Autonomous Cars, Parking Automation and Access Control.”

 

Read Full Press Release ->>

23/03/2020
OMNIQ Corp Receives $1.5 Million Purchase Order from Leading U.S. Supermarket Chain for Handheld Touch Screen Computers

Salt Lake City, UT, March 23, 2020 – OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, received a purchase order valued at $1.5 million from one of the largest U.S. supermarket chains for the supply of mobile data collection, computing and communication equipment.

 

The rugged handheld mobile computers are designed to enhance the productivity of the retail workforce by providing the ability to scan inventory and to track data using integrated features through a handheld device.  The industrial-designed device improves logistics efficiencies by enabling quick and accurate control of data collection, shipping/receiving and inventory management.

 

Read Full Press Release ->>

17/03/2020
OMNIQ Corp Receives Purchase Order Totaling $1.4 Million for Android-Based Rugged Data Collection, Computing and Communication Equipment

• Contract is for touch screen computers, software and service
• Follow-on order from a $1B plus regional LTL trucking company with over 80 logistic centers in North America

 

Salt Lake City, UT, March 17, 2020 – OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, received a purchase order valued at $1.4 million from one of the largest U.S.-based transportation and logistics firms, for the supply of mobile data collection, computing and communication equipment. The contract includes software integration programming as well as service. The Company expects to deliver over $1M of the order by the end of the first calendar quarter.

 

Read Full Press Release ->>