SALT LAKE CITY, Sept. 08, 2022 (GLOBE NEWSWIRE) — OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a supplier of Supply Chain and Artificial Intelligence (AI)-based options, at the moment introduced that members of its administration staff are scheduled to take part within the following upcoming investor convention:
H.C. Wainwright 24th Annual Global Investment Conference – September 12-14, 2022. Shai Lustgarten, Chief Executive Officer, will current nearly within the convention on Monday, September 12th at 2:30 p.m. Eastern Time. To register for the convention please use the next hyperlink: https://hcwevents.com/annualconference/
About OMNIQ Corp:
OMNIQ Corp. gives computerized and machine imaginative and prescient picture processing options that use patented and proprietary AI expertise to ship knowledge assortment, real-time surveillance and monitoring for provide chain administration, homeland safety, public security, site visitors & parking administration, and entry management functions. The expertise and providers supplied by the Company assist purchasers transfer folks, belongings, and knowledge safely and securely by way of airports, warehouses, colleges, nationwide borders, and plenty of different functions and environments.
OMNIQ’s clients embody authorities companies and main Fortune 500 corporations from a number of sectors, together with manufacturing, retail, distribution, meals and beverage, transportation and logistics, healthcare, oil, fuel, and chemical substances. Since 2014, annual revenues have grown to greater than $79 million from purchasers within the USA and overseas.
The Company presently addresses a number of billion-dollar markets, together with the Global Safe City market, forecast to develop to $29 billion by 2022, and the Ticketless Safe Parking market, forecast to develop to $5.2 billion by 2023. For extra data please go to www.omniq.com.
Information about Forward-Looking Statements
“Safe Harbor” Statement underneath the Private Securities Litigation Reform Act of 1995. Statements on this press launch regarding plans, methods, financial efficiency and tendencies, projections of outcomes of particular actions or investments, and different statements that aren’t descriptions of historic details could also be forward-looking statements inside the that means of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
This launch accommodates “forward-looking statements” that embody data regarding future occasions and future monetary and working efficiency. The phrases “anticipate”, “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and comparable expressions and variations thereof are supposed to determine forward-looking statements. Forward-looking statements shouldn’t be learn as a assure of future efficiency or outcomes, and won’t essentially be correct indications of the occasions at, or by, which that efficiency or these outcomes might be achieved. Forward-looking statements are primarily based on data accessible on the time they’re made and/or administration’s good religion perception as of that point with respect to future occasions, and are topic to dangers and uncertainties that might trigger precise efficiency or outcomes to vary materially from these expressed in or advised by the forward-looking statements. Examples of forward-looking statements embody, amongst others, statements made on this press launch relating to the closing of the personal placement and using proceeds obtained within the personal placement. Important components that might trigger these variations embody, however are usually not restricted to: fluctuations in demand for the Company’s merchandise significantly through the present well being disaster, the introduction of recent merchandise, the Company’s skill to keep up buyer and strategic business relationships, the influence of aggressive merchandise and pricing, progress in focused markets, the adequacy of the Company’s liquidity and monetary energy to assist its progress, the Company’s skill to handle credit score and debt constructions from distributors, debt holders and secured lenders, the Company’s skill to efficiently combine its acquisitions, and different data which may be detailed from time-to-time in OMNIQ Corp.’s filings with the United States Securities and Exchange Commission. Examples of such ahead wanting statements on this launch embody, amongst others, statements relating to income progress, driving gross sales, operational and monetary initiatives, value discount and profitability, and simplification of operations. For a extra detailed description of the chance components and uncertainties affecting OMNIQ Corp., please seek advice from the Company’s latest Securities and Exchange Commission filings, which can be found at https://www.sec.gov. OMNIQ Corp. undertakes no obligation to publicly replace or revise any forward-looking statements, whether or not on account of new data, future occasions or in any other case, until in any other case required by regulation.
Contact:
IR Contact
Koko Kimball
385-758-9241