OMNIQ WINS CONTRACT TO UPGRADE 450 STORES FOR A MAJOR U.S. SPORTING GOODS CHAIN

• The upgrade initiative enhances in-store customer experiences and operational efficiency through advanced IoT technology.
• The enhanced IoT devices will provide a new Android-based system from an older Windows-based unit that allows the customer to add new and updated applications.
• This upgrade is part of a long-term service agreement between the companies.
  

SALT LAKE CITY, March 20, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a leading provider of Artificial Intelligence (AI)-based solutions, is excited to announce the receipt of a significant purchase order for the upgrade of IoT devices across 450 stores of a major US-based sporting goods retail chain. This initiative marks a substantial step forward in enhancing operational efficiency and customer experience within the retail sector.

The project includes upgrading IoT devices across 450 stores including a three-year service agreement managed by OMNIQ. This is part of a long-term relationship between the two companies. The upgrade will feature Office 365 and a chat application that will allow users in the stores to communicate with their support desk and others in real-time.

"We are thrilled to partner with this esteemed sporting goods retailer to upgrade their IoT infrastructure," said Shai Lustgarten, CEO at OMNIQ. "This project is a testament to our ability to provide cutting-edge technological solutions that meet the dynamic needs of the retail industry. We look forward to seeing the positive impact on the chain's operational efficiency and customer engagement."

This collaboration with a leading sporting goods retailer highlights OMNIQ's role in driving digital transformation in the retail sector and showcases our dedication to supporting retailers in adapting to the rapidly evolving technological landscape.

About OMNIQ Corp.

OMNIQ Corp. 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.