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0 0.00255754475703331 0.00255754475703331 0.00255754475703331 0.00255754475703331 0.0089514066496164 -0.00767263427109969 -0.0127877237851662
Stock impact report

Mexican Rail Operator Renews Support Contract and Adds Duos AI

Duos Technologies Group, Inc. (DUOT) 
NASDAQ:AMEX Investor Relations: ir.duostechnologies.com
Company Research Source: GlobeNewswire
JACKSONVILLE, Fla., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) through its operating subsidiary Duos Technologies, Inc. a provider of Machine Vision and Artificial Intelligence (“AI”) to analyze fast moving freight, passenger and transit trains, and trucks is pleased to announce the signing of an AI subscription agreement for AI detections, empowering the rail operator to enhance their current railcar inspection capabilities. Additionally, the agreement includes the renewal of their annual services and maintenance contract, which now encompasses expanded support through Duos' Preventative Maintenance Checks and Services (PMCS) Program and Field Services Support, aimed at further improving the performance of the rail network. The renewal agreement includes an annual subscription for an array of AI algorithms requested by the client who uses the Duos patented Railcar Inspection Portal (RIP®) and AI to quickly Show less Read more
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