Company: OMQS
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001813
Chunk: 891

Company: OMNIQ Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 11
Chunk 891
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 in the business of developing oil and gas reserves. In January 2014, we determined it was in the best interest
of our stockholders to focus on operating companies with a track record of positive cash flows and larger existing revenue bases. Our
strategy developed into leveraging management’s relationships in the business world for investments for us.

Since
2014, we have made the following acquisitions resulting in us becoming a leading provider of computerized and machine-vision image-processing
solutions:

    ●
    Quest
    Solutions, Inc. (January 2014)

    ●
    Bar
    Code Specialties, Inc. (November 2014)

    ●
    HTS
    Image Processing, Inc. (October 2018)

    ●
    EyepaxIT
    Consulting LLC. (February 2020)

    ●
    Dangot
    Computers Ltd. (July 2021)

    ●
    CodeBlocks
    Ltd. (January 2024)

We
use patented and proprietary artificial intelligence (AI) technology to deliver data collection, real-time surveillance and monitoring
for supply chain management, homeland security, public safety, traffic & parking management, and access control applications. The
technology and services we provide helps our clients move people, assets, and data safely and securely through airports, warehouses,
schools, national borders, and many other applications and environments.

Our
principal solutions include hardware, software, communications, and automated management services. We are an established distributor
of barcode labels, tags, and ribbons, as well as RFID labels and tags. We provide printing solutions, credit card terminals, automatic
kiosks and point-of-care units. We also offer technical service and support. Our highly tenured team of professionals has the knowledge
and expertise to simplify the integration process for our customers, and our team delivers proven problem-solving solutions backed by
numerous customer references. We offer comprehensive packaged and configurable software, and we are a leading provider of best-in-class
mobile and wireless equipment.

Our
customers include government agencies and leading Fortune 500 companies from diverse sectors, including healthcare, food and beverage,
manufacturing, retail, distribution, and transportation and logistics. Since 2014, our annual consolidated revenues have grown to more
than $73 million with clients in more than 40 countries. We currently engage with several billion-dollar markets with double-digit growth,
including the Global Safe City market and the Ticketless Safe Parking market.

    F-8

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