OMNIQ CORP. (NASDAQ:OMQS) a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, has received additional purchase order from a Major American Casual Fast Food Chain with 800+ locations.
The follow-on Purchase Order – for additional locations - includes both hardware and AI based software to provide real time and historical information to staff and play a crucial role in helping the locations drive improved customer service and revenue growth.
CEO Shai Lustgarten commented “We are very encouraged to announce this follow-on order just a few months after breaking into this scalable multi-billion Dollar opportunity of Quick Service Restaurants (QSR). We believe that the penetration to the retail market and the QSR with our AI technology represents a mega opportunity for growth and profitability. Utilizing OmniQ’s technology will provide our customers new ways to better understand consumers consumption habits while improving each unique customers interaction.
“Our AI solutions are successfully used for public safety, traffic control, automation of Parking, terror prevention and law enforcement. The new retail and QSR markets create a new dimension to our business which we hope to be a game changer for us”.
Tuesday’s news release said Omniq’s proprietary technology will integrate into the CRM (Customer Relationship Management system) allowing for dynamic decisions based on each unique customer visit. This first of a kind integration will also include vital data collection services providing a more complete solution.
OMQS shares dumped 12 cents, or 2%, to $5.81.
