Company Showcasing Latest Version of its Mechanical Inspection Technologies based on Machine-learning Virtual Intelligence
JACKSONVILLE, Fla., Sept. 13, 2018 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (the “Company” or “Duos”) (OTCQB: DUOT), a provider of intelligent security analytical technology solutions, will be exhibiting at the annual American Railway Engineering and Maintenance-of-Way Association (AREMA) Annual Conference & Exposition being held in Chicago September 16-19. The Company is displaying its latest generation intelligent inspection technologies including, but not limited to, 360-degree automated and semi-automated mechanical inspections of railcars leveraging the Company’s Railcar Inspection Portal (rip®) system. The (rip®) 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 is expected to be commercially available next quarter.
The AREMA Annual Conference & Exposition is an opportunity for members of the railway industry to increase their railroad knowledge, technical expertise, as well as a forum for exchanging ideas. It is considered an important event to attend for railway engineering professionals from all segments of the industry. Sessions include topics related to Structures, Passenger & Transit, Track, Engineering Services, Communications & Signals and Maintenance-of-Way.
"We are excited to attend and to display the effectiveness of our mechanical inspection systems, which can 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., the Company’s wholly owned subsidiary. "Our cutting-edge railroad imaging and analytics solutions are delivering significant operational efficiencies for an increased 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,” “intends,” or similar expressions, or their opposites, 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.
Investor Relations Contact:
Matt Glover or Tom Colton
Released September 13, 2018