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12/02/2019
Quest Solution, Inc. (QUES) Secures $4M Data Collection Contract from Food Distributor Servicing the U.S. and Canada

SALT LAKE CITY, Feb. 07, 2019 (GLOBE NEWSWIRE) — Quest Solution, Inc., a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, announced it has been awarded a contract for the supply of State of the Art mobile tablets, scanners and wearable data collection technologies to one of the largest food distributors in the U.S. The estimated value of the contract is approximately $4 million in 2019.

 

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29/01/2019
Quest Solution to Install AI-Based “Visual Cortex” Safe School Security Offering at South Florida School

Quest Solution, Inc. has announced that it has been selected to install a state-of-the-art AI-based safety and security system on the campus of a Pre-K – 12 preparatory School in South Florida. This system will provide enhanced safety for students, faculty and visitors to the school. For safety reasons the name of the school is not disclosed.

  • Security platform includes an automated vehicle recognition system tracking and recording all vehicles approaching the campus; allowing entry to authorized vehicles only.
  • Provides real-time alerts on potential threats as identified by local and/or federal law enforcement authorities.
  • Potential market for AI-based school security systems is large; Florida alone has more than 4,000 similar schools.

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24/01/2019
Quest Adds Breakthrough Capabilities to its Visual Cortex™ Algorithm for Vehicle Recognition

SALT LAKE CITY, Utah, Jan. 23, 2019  — Quest Solution, Inc. has announced that it has enhanced the features of its AI-based “Visual Cortex” ™ algorithm, adding car color and make machine recognition to its existing license plate recognition solution.

  • Now able to identify car color and make using Machine Learning to perform Vehicle Recognition
  • First installment in a sensitive geographic area expected within three months
  • Quest is a leader in License Plate Recognition, with over 5,000 installations in the U.S.
  • Existing capabilities combined with new color and make proficiencies are critical features for the growing Homeland Security and Law Enforcement markets

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11/01/2019
Quest Appoints Scientific Luminary and Technology Thought Leader to Advisory Board to Support Company’s Disruptive AI and Big Data Strategy

SALT LAKE CITY, Jan. 10, 2019 (GLOBE NEWSWIRE) — Quest Solution, Inc. (OTCQB: QUES), (“Quest” or “the Company”) a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, has announced the creation of an Advisory Board to intellectually supercharge the Company’s strategic growth as a leading provider of technology solutions. Professor Mina Teicher and Mr. Yair Grinberg have been appointed as inaugural members of the advisory board.

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27/11/2018
Quest Solution Receives Initial Recurring Orders for Ticketless Vehicle Recognition IoT-based Parking Solutions

EUGENE, Ore., Nov. 27, 2018 (GLOBE NEWSWIRE) — Quest Solution, Inc. (QUES) (“Quest” or “the Company”) a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced it has received initial recurring orders for its AI-based Visual Cortex™ sensors for use in vehicle recognition IoT-based ticketless parking solutions.

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20/11/2018
Quest Solution Receives Order for AI-Based “Visual Cortex” Software for Safe City, Transportation Management and Data Collection
  • The “Visual Cortex”¹ Software Imitates the Human Eyes and Brain and is Capable of Detecting, Analyzing and Recognizing Patterns
  • Order Marks Quest’s Entrance into Brazil
  • Recurring Annual Orders are Expected to Follow

Quest today announced it has received an order for its AI-based “Visual Cortex” software package, developed to support traffic management, law enforcement, citations and monitoring. The $220,000 order will initially supply hundreds of software packages for use by a leading integrator in Brazil. Quest anticipates recurring annual follow-on orders for the next 10 years.

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20/11/2018
Quest Solution Reports $42M in Revenue for First Nine Months of 2018
  • Sales up by approximately 4%
  • Cost savings of $0.7M or 29% in salary and employee benefits compared to Q3 2017
  • Higher margin outlook due to acquisition and new Artificial Intelligence (AI) solutions
  • Nine-month Adjusted EBITDA increased to $1.5M

Shai Lustgarten, CEO, commented, “We are pleased to have delivered a solid third quarter, reflected in 3.6% organic growth, increased adjusted EBITDA and a strong order backlog that we believe will drive continued momentum through the end of 2018 and into 2019.

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11/10/2018
Quest Solution Announces the Acquisition of HTS Image Processing, Inc.

Quest Solution Announces the Acquisition of HTS Image Processing, Inc., a Leader in Artificial Intelligence-Based Automated Vision Solutions
 

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13/09/2018
Homeland Security Project

HTS Image Processing Machine Learning for Vehicle Recognition Achieves 97% Accuracy in Critical Homeland Security Project

 

Press release:   Safe City project

 

 

23/01/2018
Teamtronics Inc. acquires HTS LPR/ANPR Business
11/09/2017
HTS Teams up with DESIGNA

HTS Teams up with DESIGNA

Park News –

HTS to deliver complete LPR solution for the Port Authority of New York and New Jersey Airports

HTS Teams up with DESIGNA

July 24, 2017