Duos Technologies Awarded Technology Services Contract for Major National Retailer
Data Center Technology Services Division
JACKSONVILLE, FL -- (Marketwired) -- 09/08/15 -- Duos Technologies Group (OTCQB: DUOT), a provider of intelligent security analytical technology solutions, has been awarded a contract for the validation and update of data center assets across multiple data centers of a major national retail chain.
"The validation and update services are critical steps in the data migration and application upgrade planning process in which the customer is now engaged. Utilizing our patented method for data center asset validation allows us to insure a quick turnaround with extremely high levels of accuracy, which is critical to this type of endeavor. We have successfully provided these services to many other Fortune 500 companies in the past utilizing this same methodology," stated Joe Coschera, Vice President of Duos' IT Infrastructure Services (ITIS) division.
Gianni Arcaini, Duos Technologies' Group, Inc. Chairman and CEO stated, "I am particularly pleased that our merger has been a full success. Our ITIS division originated from our merger partner ISA, and we expect continued growth of that business unit for the foreseeable future."
Duos Technologies Group, Inc.
Duos Technologies Group, Inc. (OTCQB: DUOT), based in Jacksonville, FL, provides intelligent security analytical technology solutions with a strong portfolio of intellectual property. The Company's core competencies include advanced intelligent technologies that are delivered through its proprietary integrated enterprise command and control platform, centraco™. The Company provides its broad range of technology solutions with an emphasis on mission critical security, inspection and operations within the rail, utilities, petrochemical, healthcare, and hospitality sectors.
For more information, check out: http://www.duostech.com.
Forward-Looking Statements
This press release and links to prior Company press releases which contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections and reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, our expectations as to continued revenues growth and ultimate profitability, our business environment and industry trends, competitive environment, the sufficiency and availability of working capital, ability to raise working capital and general changes in economic conditions. Further information on our risk factors is contained in our filings with the SEC, including the Form 10-K for the year ended December 31, 2014. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to revise or update any forward-looking statement for any reason.
Contacts: Corporate Jean Martin 904-652-1601jmm@duostech.comInvestors RelationsHayden IR 917-658-7878hart@haydenir.com
Source: Duos Technologies Group, Inc.
Released September 8, 2015