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16/09/2019
Quest’s HTS Vehicle Recognition Solution Featured in Intel® AI Builders Solutions Catalog

Salt Lake City, UT, September 16, 2019 — Quest Solution, Inc. (OTCQB: QUES) (“Quest” or “the Company”),a provider of Supply Chain and Artificial Intelligence (AI)-based solutions announces that its HTS division’s Vehicle Recognition Parking Revenue Control solution is featured in the current Intel® AI Builders Solutions Catalog. The catalog provides optimized AI solutions that assist in the automation of processes to help improve business performance. The catalog may be accessed via the following link: Access Catalog Here. Click on the Solutions Catalog at the top of the navigation.

 

The HTS Vehicle Recognition Parking Management and Revenue Control System enables commercial parking operators to use a License Plate Recognition system (LPR) to create ticketless and even gateless pay by plate solutions for a parking facility for quicker entry and exit. LPR can also provide 24/7 coverage of a facility, enabling accurate billing and preventing leakage.

 

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05/09/2019
Quest Solution to Deploy AI-based Quest Shield TM – Campus Safety Solution at the Salt Lake City Jewish Community Center

Salt Lake City, UT, September 5, 2019 — Quest Solution, Inc., via its HTS division, announces that it has been selected to deploy its Quest Campus Safety SeeCube™ solution at the I.J. & Jeanné Wagner Jewish Community Center in Salt Lake City, Utah.

 

The Quest Shield  security package uses the Company’s SeeCube technology platform, a ground breaking cloud/on-premise based security solution for Safe City and Safe Campus/School applications.  The platform provides unique AI-based computer vision technology and software to gather real-time vehicle data, enabling the Quest Shield to identify and record images of approaching vehicles including color and license plate information.  The license plate is then compared against Internal Campus and Law Enforcement data bases to provide immediate notifications to JCC and Law Enforcement Authorities of a potential suspected intruder.

 

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03/09/2019
Quest/HTs Now at Salt Lake City Airport

September 3, 2019 — Quest/HTS is now operational at the Salt Lake City Airport. The solution deployed at the airport include our fixed cameras at parking lot entrances and exits for Parking Management and Revenue Control and SeeMobile a vehicle based mobile solution where cameras are installed on airport parking management vehicles for vehicle inventory management throughout the airport parking lots.

 

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27/08/2019
Quest Solution Receives $1.3 Million Order for Android-Based Data Collection and Analysis Equipment From Multi-Billion Dollar Company

Salt Lake City, UT, August 28, 2019 — Quest Solution, Inc. (OTCQB: QUES) (“Quest” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced that it has received a $1.3M purchase order from a Fortune 500 distributor based in the Midwest.

 

The order is for the upgrade of the distributors existing warehouse and inventory management system to a more sophisticated and efficient Android platform in advance of anticipated future growth. The new equipment will enable the use of advanced software on the Android platform, with delivery expected during the third quarter of 2019.

 

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23/08/2019
Quest Solution Launches SeeCube™; Safe City/ Safe District Vehicle Make and Color Recognition Solution Utilizing AI and Advanced Image Processing Algorithm

Quest Solution, Inc. via its HTS division, has begun deploying its Artificial Intelligence (“AI”)-based, patented SeeCubesolution utilizing its Visual Cortex algorithm, a revolutionary vehicle recognition system that combines vehicle make and color recognition capabilities with license plate number recognition technology.

 

SeeCube is a ground breaking cloud/on premise based security solution for Safe City and Safe Campus/School applications, using unique AI-based computer vision technology and software to gather real-time vehicle make and model data to supplement license plate identification capabilities to prevent crimes and terrorists from escaping by changing or removing the license plate.

 

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13/08/2019
Quest Solution Achieves Record First Half Results; Revenues Increase 13% to $32.7M and Gross Profit Increases 37% to Record $8.2M

SALT LAKE CITY, Aug. 06, 2019 — Quest Solution, Inc. a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced its record financial results for the three and six month periods ended June 30, 2019. Shai Lustgarten, CEO, commented, “2019 is shaping up to be a record and breakthrough fiscal year for Quest. In the first half of the year we achieved over $32.7M in sales, a 13% growth over the first six months of 2018 and during the second quarter we delivered substantially enhanced record gross margin of 26% up from 21% in the same quarter last year, reflecting the shift in our revenue mix towards higher margin AI- Machine Vision solutions. This in turn was reflected in record gross profits of $8.2M.”

 

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13/08/2019
Quest Solution Announces $2.3M in Orders for Mobile Android-Based Data Collection Equipment from Leading International Automotive Company

Salt Lake City, UT, August 13, 2019 — Quest Solution, Inc.  a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced orders valued at $2.3 million for plant automation and inventory management equipment from one of the world’s largest automotive corporations. The project will integrate mobile Android based computerized equipment with the customer’s existing logistic management system for the automation of more than ten plants in North America, with delivery expected during the third quarter of 2019.

 

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08/05/2019
Quest Solution Awarded Additional $1.8M in Purchase Orders for Data Collection Equipment from Food Distributor Servicing the U.S. and Canada

SALT LAKE CITY, May 08, 2019  — Quest Solution, Inc. announced today that it has received approximately $1.8 million in additional purchase orders from one of the largest food distributors in the U.S. for the supply of handheld mobility products designed to collect, identify, track and trace assets as well as share and connect collected inventory data to the distributor’s internal IT system.

 

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30/04/2019
Quest Solution Receives a $1.8 Million Purchase Order from a Multinational Third-Party Logistics Firm

SALT LAKE CITY, Utah, April 30, 2019 — Quest Solution, Inc. (QUES) announced today that it has received a $1.8 million purchase order from a large third party logistics firm for the supply of technical support for mobile data capture and automatic identification equipment for the tracking and management of assets.

 

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24/04/2019
Quest Solution to Present at ThinkEquity Conference in New York City

Quest Solution, Inc. announced today that Shai Lustgarten, President & Chief Executive Officer, will present at the ThinkEquity Conference on May 2, 2019 at 11:00 a.m. ET. The conference will be held at the Mandarin Oriental Hotel in New York City. Mr. Lustgarten will be available for one-on-one meetings throughout the day.

 

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23/04/2019
Quest Solution Integrates AI-Based Vehicle Recognition System with Law Enforcement Department Database for Community Safety and Crime Prevention

SALT LAKE CITY, April 22, 2019  — Quest Solution, Inc. announced today that it has integrated its Vehicle Recognition (VR) solution with the database of a municipal law enforcement department in a major U.S. state. The integration allows Quest to detect and provide real-time alerts to the state law enforcement department regarding license plate numbers (LPNs) that are considered to be suspicious.

 

The solution, which supports police in reducing crime and also increases protection of schools and other soft targets, provides local law enforcement with immediate alerts of tagged license plates once detected by one of Quest’s AI-based cameras.

 

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09/04/2019
Quest Solution, Inc. Announces $5 Million Private Placement

SALT LAKE CITY, April 04, 2019 — Quest Solution, Inc. (QUES) a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, announced it has entered into a securities purchase agreement with institutional and accredited investors, which will result in gross proceeds to Quest of approximately $5 million, before deducting placement agent fees and estimated offering expenses.

 

ThinkEquity, a division of Fordham Financial Management, Inc. is acting as sole placement agent for the offering.

 

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