Duos Technologies Group Inc (DUOT)

[Adrian1]

Re: This morning’s PR regarding Railcar Safety

Summary: PR addresses how technology is being applied to rail infrastructure to enhance safety. Duos has been working with the rail companies to install technology for inspecting trains while they are in-transit. The systems are highly configurable and thus can be designed and built to focus on specific inspection areas.

My Opinion: This PR discusses how Duos’ systems are completely modular and that a basic system looks at a minimum of 25 inspection points while other systems have been significantly upgraded to look at over 90 points. With all the focus on the Ohio derailment, the Company says that its systems can be tailored to look for specific types of defects that could ultimately cause a derailment and the associated “knock-on” effects. The CEO’s statement that while Duos systems have prevented potential derailments, he is not speculating on this latest incident.