Duos Technologies Group Inc (DUOT): Update: This is from Northland Capital M...

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Adrian1

Re: None

Tuesday, 04/04/2023 6:12:24 PM

Tuesday, April 04, 2023 6:12:24 PM

Update: This is from Northland Capital Markets regarding the Railway Safety Advisory Committee

“Last week the Railroad Safety Advisory Committee of the Federal Railway Agency held a lengthy meeting to review wayside detection technologies. The Committee is to recommend the type of wayside detectors and procedures that can improve railway safety. The segment on image sensing detectors included information from Duos. Regulatory promotion of image sensing detectors would be a major business driver for Duos in our view.”

My opinion: Although there is nothing definitive in the bill at this time, the fact that we are being shown as one of the technologies is a good sign.
https://northland.bluematrix.com/docs/pdf/4c38dcb9-0630-4d2d-bf4e-ff846274f0a5.pdf

Also from Northland’s analyst, Duos is featured in the Northland Capital AI Index. Northland reported that the index, which is made up of 15 companies, was up 43.5% in 1Q23.
https://northland.bluematrix.com/docs/pdf/e31c1d98-6a76-46d8-ab02-2fc35e20133f.pdf