SPAR CONTRACTED OMNIQ TO DEPLOY SELF-CHECKOUT SOLUTIONS AND ADVANCED ESL SYSTEM IN THEIR NEW ISRAELI MARKET - Seite 2

About OMNIQ

OMNIQ excels in providing state-of-the-art computerized and machine vision image processing technologies, anchored in its proprietary and patented artificial intelligence innovations. The Company's extensive range of services spans advanced data collection systems, real-time surveillance, and monitoring capabilities catered to various sectors, including supply chain management, homeland security, public safety, as well as traffic and parking management. These innovative solutions are strategically designed to secure and optimize the movement of individuals, assets, and information across essential infrastructures such as airports, warehouses, and national borders.

The Company serves a broad spectrum of clients, including government agencies and esteemed Fortune 500 corporations across several industries—manufacturing, retail, healthcare, distribution, transportation, logistics, food and beverage, and the oil, gas, and chemical sectors. By adopting OMNIQ's advanced solutions, these organizations are better equipped to manage the intricacies of their domains, thereby enhancing their operational effectiveness.

OMNIQ has established a significant footprint in rapidly expanding markets. This includes the Global Safe City sector, predicted to reach $67.1 billion by 2028, the smart parking industry, expected to escalate to $16.4 billion by 2030, and the fast-casual restaurant market, projected to hit $209 billion by 2027. These engagements reflect the Company's strategic alignment with industries that are witnessing a growing need for cutting-edge AI technology solutions.

For additional information, please visit www.OMNIQ.com.

About SPAR International

SPAR International, established in 1932, operates over 13,900 stores in 49 countries, serving more than 14.7 million consumers daily. The brand thrives on a partnership model involving wholesalers and retailers, fostering a community-centric approach. SPAR's diverse retail formats, including SPAR, SPAR Express, EUROSPAR Supermarket, and INTERSPAR Hypermarket, cater to varying customer needs, ensuring accessibility and convenience. The community-centric partnership model enhances its customer-centric approach, facilitating a rich exchange of knowledge within the SPAR network and underscoring its commitment to innovation and quality service​.