Duos Technologies Presenting its Intelligent Railcar Inspection Technology at RSSI Expo
Latest Generation Mechanical Inspection Technology based on Machine-learning Virtual Intelligence
JACKSONVILLE, Fla., May 09, 2018 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (the “Company” or “Duos”) (OTCQB:DUOT), a provider of intelligent security analytical technology solutions, is displaying its latest generation intelligent inspection technologies including 360-degree automated and semi-automated mechanical inspections of railcars leveraging the Company’s Railcar Inspection Portal (rip®) system. This system delivers ultra-high definition imaging in combination with algorithmic analysis tools to perform inspections. The Company is also displaying its latest innovation, the Thermal Vehicle Undercarriage Examiner (t-vue®) system, which has recently completed beta-testing and will be launched commercially during this quarter.
Railway Systems Suppliers (RSSI) is the oldest trade association serving the rail transportation industry since 1966 and its annual exhibition is one of the most coveted trade shows of the freight rail industry. Duos exhibits at booth #1130. RSSI 2018, which runs May 21 through May 23 in Omaha, Nebraska, is a large gathering of the North American rail industry that focuses on logistics, transport, rail transportation, railway and railroad. For more information, visit: https://www.rssi.org.
"We are excited to be a part of RSSI 2018 and to display the effectiveness of our mechanical inspection systems, which greatly expand rail inspection and detection capabilities with enhanced mechanical inspection imaging at speeds up to 120 MPH," stated Noel Heiks, President and COO for Duos Technologies, Inc. "Our cutting-edge railroad imaging solutions are delivering significant operational efficiencies for a rapid return of investment for our customers."
About Duos Technologies Group, Inc.
Duos Technologies Group, Inc. (OTCQB:DUOT), based in Jacksonville, Florida, through its wholly owned subsidiary, Duos Technologies, Inc., provides advanced intelligent security and analytical technology solutions with a strong portfolio of intellectual property. Duos Technologies' core competencies include intelligent technologies that combine machine learning, artificial intelligence and advanced video analytics that are delivered through its proprietary integrated enterprise command and control centraco® platform. The Company provides its broad range of technology solutions with an emphasis on mission critical security, inspection and operations within the rail transportation, retail, petrochemical, government, and banking sectors. Duos Technologies also offers professional and consulting services for large data centers. For more information, visit http://www.duostech.com.
Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” “anticipates,” “plans,” or similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, which could cause Duos Technologies Group, Inc.’ actual results to differ materially from those anticipated by the forward-looking statements. These risks and uncertainties include, but are not limited to, those described in Item 1A in Duos’ Annual Report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may periodically be described in Duos’ filings with the SEC.
Contacts:
Corporate
Tracie Hutchins
904-652-1601
tlh@duostech.com
Investor Relations Contact:
Matt Glover or Tom Colton
Liolios
949-574-3860
DUOT@liolios.com
Released May 9, 2018