OMNIQ's Machine Vision Vehicle Recognition Solution Selected for Security and Parking Management at Large Macau Casino
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Published: Dec 19, 2019 8:31 a.m. ET
SALT LAKE CITY, Dec 19, 2019 (GLOBE NEWSWIRE via COMTEX) -- ? Patented system improves safety and revenue control? Company expects follow-on orders from Macau market in 2020? Artificial Intelligence-based algorithm developed and tested in Israel
SALT LAKE CITY, Dec. 19, 2019 (GLOBE NEWSWIRE) -- OMNIQ, Corp. (otcqb:OMQS) ("OMNIQ" or "the Company"), via its HTS division, announces that it has been awarded a contract for the installation of its AI-based vehicle recognition system for use in security and parking management applications at a large casino in Macau. Developed in Israel by OMNIQ's R&D team, the AI-based machine vision solution delivers industry-leading accuracy in real-time license plate identification to enhance security as well as enable a parking system that requires less hands on oversight.
Shai Lustgarten, CEO of OMNIQ Corp. stated, "Security and safety are the top priorities in a casino environment, and we're proud that our license plate recognition solution, known for its proven accuracy and effectiveness, has been chosen for use by this large casino operator. Our versatile systems, which not only enhance security but can also improve parking operations, are currently being used at several casino properties in Las Vegas, New Orleans and Lake Tahoe, as well as in other settings, including installations at 30 airports in the U.S., in sensitive zones and hundreds of parking lots around the world."
"We have also recently announced the launch of our patented SeeCube(TM) solution, which has the broadened ability to capture and record all of a vehicle's characteristics, including make, model and color. We anticipate that as customers see how effective our LPR solution is, they will understand the additional value in selecting an upgrade to our SeeCube(TM) solution, which, through its heightened identification and tracking capabilities, enables law enforcement and homeland security forces to quickly and accurately identify and prevent dangerous and life threatening situations and can facilitate an automated parking process to maximize revenue."
Mr. Lustgarten concluded: "This is an exciting opportunity and we anticipate significant follow-on orders from other casinos and facilities in Macau. With the ability to provide crucial real-time information to law enforcement and homeland security organizations based on the most sophisticated AI and machine learning technology, we believe demand for our solutions will continue to grow. We look forward to introducing our solutions to new customers and to capitalizing on the growing interest opportunities we're seeing worldwide."
