Duos Technologies Completes Software Deployment for Major Independent Oil and Gas Company
Centraco 3.0 Consolidates Safety and Security Systems Across Multiple Facilities
JACKSONVILLE, FL -- (Marketwired) -- 07/11/16 -- Duos Technologies Group, Inc. (OTCQB: DUOT), a provider of intelligent analytical technology solutions, has successfully completed the rollout of its centraco third-generation intelligent command and control software platform to a national independent oil and natural gas company. The contract is valued in excess of $400,000. This deployment consolidates several systems used for safety and security monitoring and administration throughout all of their facilities. Centraco 3.0 is a powerful enterprise-level software management suite, which incorporates the traditional "Physical Security Information Management" ("PSIM") functionality with a comprehensive Enterprise Information Management ("EIM") feature set that will leverage the Oil and Gas company's IT infrastructure.
"Our feature rich centraco platform integrated fifteen different technologies to manage various video management systems, access control, intrusion detection, and fire alarm systems at 25 different locations throughout multiple states into a single user interface," stated Felix Krupczynski, EVP & GM for Duos Technologies. "Centraco's extensive integrated real-time alarm reporting engine has proven to be a powerful and unique management tool that also provides flexibility and scalability, thereby expanding the user's monitoring capabilities and functionality as they continue to expand their operations."
About Duos Technologies Group Inc.
Duos Technologies Group, Inc. (OTCQB: DUOT), based in Jacksonville, FL, through its wholly owned subsidiary, Duos Technologies Inc., provides intelligent security analytical technology solutions with a strong portfolio of intellectual property. Duos Technologies' 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. Duos Technologies Group also offers IT, professional services.
For more information, visit: http://www.duostech.com.
Forward Looking Statements
This press release 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, product performance and market acceptance of our products, the sufficiency and availability of working capital, market conditions, revenue generation and ultimate profitability, our business environment and industry trends, competitive environment and general changes in economic conditions and the other risks and uncertainties described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2015. We undertake no obligation to revise or update any forward-looking statement for any reason.
Contacts:
Corporate
Jean Martin
904-652-1601
jmm@duostech.com
Investors Relations
Adrian Goldfarb
904-652-1616
agg@duostech.com
Hayden IR
646-536-7331
brett@haydenir.com
Source: Duos Technologies Group, Inc.
Released July 11, 2016