omniQ's Machine Vision Ordered for JFK, Laguardia, NY Stewart, and Newark Airports

OMNIQ Corp. (NASDAQ: OMQS) and DESIGNA worked together to further the success of The Port Authority of New York and New Jersey (PANYNJ) at four major airports: JFK, Newark, LaGuardia, and Stewart International Airport. The upgrade includes the latest AI neural network deep learning LPR engine.

It was a sophisticated, multi-faceted, enterprise-level hardware and software upgrade/deployment requiring strategic planning and multi-departmental coordination to successfully accomplish.

This is intended to improve the accuracy of LPR-based parking systems throughout the airports as well as traveler convenience. Specifically, omniQ guarantees at least 95% accuracy with the new system. Increasing the accuracy and speed of transactions is intended to allow patrons to enter/exit and find their cars more quickly and efficiently.

Additionally, the upgrade improves convenience for passengers with lost or misplaced vehicles and lost tickets. This upgrade assists in future-proofing Port Authority of NY/NJ vehicle access and revenue control programs built on the original deployment that started in 2017. These upgrades were all performed by the talented and certified team at Designa US a market leader in fully automated parking systems.

Shai Lustgarten, CEO, stated “An additional strong vote of confidence from some of the most important Airports in the world proving again that where quality matters, omniQ is selected again and again. The PANYNJ upgrade program is intended to improve the accuracy of the parking systems throughout the airports as well as improve traveler convenience. Increasing the accuracy and speed of transactions allows customers to enter/exit and find their cars in a quicker and more efficient manner. The project also improves the convenience for passengers with lost or misplaced vehicles and tickets. As we deployed our AI system in over 60 Airports in the US, we expect many of them to follow NYNJPA and order our new generation for their parking and security operations. We are excited to partner with DESIGNA and their talented team to help future-proof the PANYNJ vehicle access and revenue control program that was originally deployed several years ago. We look forward to expanding our partnership as well as potential future projects with DESIGNA to upgrade and enhance airports and other parking venues.”

About omniQ

omniQ provides computerized and machine vision image processing solutions that use patented and proprietary AI technology to deliver data collection, real-time surveillance and monitoring for supply chain management, homeland security, public safety, traffic & parking management and access control applications. The technology and services provided by the Company help clients move people, assets and data safely and securely through airports, warehouses, schools, national borders, and many other applications and environments.

omniQ’s customers include government agencies and leading Fortune 500 companies from several sectors, including manufacturing, retail, distribution, food and beverage, transportation and logistics, healthcare, and oil, gas, and chemicals. Since 2014, annual revenues have grown to more than $50 million from clients in the USA and abroad.

The Company currently addresses several billion-dollar markets, including the Global Safe City market, forecast to grow to $29 billion by 2022, and the Ticketless Safe Parking market, forecast to grow to $5.2 billion by 2023. For more information, visit www.omniq.com.

About DESIGNA

DESIGNA USA is a subsidiary of DESIGNA;Verkehrsleittechnik GmbH, Kiel, Germany. The company’s visionary standards have led to the development of innovative products and solutions for the parking management sector for more than 65 years.