NESTLE INTERNATIONAL AWARDED OMNIQ A PURCHASE ORDER FOR THE SUPPLY OF RUGGEDIZED IOT EQUIPMENT TO NESTLE’S ADVANCED LOGISTIC CENTER

• NESTLE, headquartered in Switzerland, is one of the largest food and beverage corporations in the world, with over $93B in revenue and a $275B market cap.
• OMNIQ’s awarded solution becomes the logistic management platform of NESTLE’s refrigerated and frozen products in its advanced logistic center in Israel.
• This order follows orders from other leading US and European-based corporations that chose OMNIQ’s solutions to support their operations. Including the recently announced order from SPAR, a supermarket chain that comprises more than 13,900 stores in over forty-nine countries, an order from a major U.S.-owned restaurant chain, and the contract to upgrade the IOT equipment at 450 stores of a major U.S. sporting goods chain.
  

Salt Lake City, UT, March 26, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, received a purchase order from NESTLE International, one of the largest food and beverage companies in the world for the supply of mobile data collection, computing, and communication equipment.

The rugged forklift-mounted mobile computers and barcode readers are designed to enhance the productivity of the logistic workforce by providing the ability to scan inventory and track data using integrated features through mobile devices. The industrial-designed device improves logistics efficiencies by enabling quick and accurate control of data collection, shipping/receiving, and inventory management.

Shai Lustgarten, President and CEO of OMNIQ, stated, "We’re pleased to announce the receipt of this significant order that is a strong vote of trust from a world leader like NESTLE, just a few days after our announcement of the order from SPAR a 13,900 stores supermarket chain and the orders from a well-known U.S.-based 450 sporting stores and from a popular US restaurant chain. These orders demonstrate our customers’ commitment to adapting innovative technologies to serve their own customers in different and innovative ways. We have built a leadership position providing sophisticated technology and effective solutions and view this order as a validation of the value our solutions contribute to the operational capabilities of our customers. We are seeing increased marketplace demand for effective handheld tools to drive supply chain efficiencies and we believe our partnerships and proven reputation as a provider of high-end, rugged computing equipment will continue to result in more opportunities to strengthen our business.”