Quest Solution Receives Order for AI-Based “Visual Cortex” Software for Safe City, Transportation Management and Data Collection
-- The “Visual Cortex”¹ Software Imitates the Human Eyes and Brain and is Capable of Detecting, Analyzing and Recognizing Patterns -- Order Marks Quest’s Entrance into Brazil -- Recurring Annual Orders are Expected to Follow
EUGENE, Ore., Nov. 15, 2018 (GLOBE NEWSWIRE) -- Quest Solution, Inc. (OTC:QUES) (“Quest” or “the Company”) a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced it has received an order for its AI-based “Visual Cortex” software package, developed to support traffic management, law enforcement, citations and monitoring.
The $220,000 order will initially supply hundreds of software packages for use by a leading integrator in Brazil. Quest anticipates recurring annual follow-on orders for the next 10 years.
Shai Lustgarten, CEO of Quest, commented: “We are delighted to announce our “Visual Cortex” software package with unique capabilities that we believe will enable us to drive sales and increase margins with minimum expense. The algorithm for this software, developed by scientists of our recently acquired subsidiary, is recognized worldwide for its accuracy and reliability. As we’ve mentioned previously, we are focused on increasing our software and services sales in order to generate revenue growth and higher margins, and we believe that during 2019 we will see significant contributions from this part of the business.”
Mr. Lustgarten added: “Brazil, with its more than 200 million citizens, is the fifth largest country in the world and the largest South American Economy, representing a promising new market for Quest. We already work with a top local integrator and look forward to increasing our sales and generating recurring orders.”
“We plan to leverage our unique technologies and strong Fortune 500 customer base to grow our market share by offering innovative solutions integrating our AI technology with Quest legacy products,” Mr. Lustgarten concluded.
About Quest Solution, Inc. Quest Solution is a Specialty Systems Integrator focused on Field and Supply Chain Mobility. We are also a manufacturer and distributor of consumables (labels, tags, and ribbons), RFID solutions, and barcoding printers. Founded in 1994, Quest is headquartered in Eugene, Oregon, with offices in the United States.
Rated in the Top 1% of global solution providers, Quest specializes in the design, deployment and management of enterprise mobility solutions including Automatic Identification and Data Capture (AIDC), Mobile Cloud Analytics, RFID (Radio Frequency Identification), and proprietary Mobility software. Our mobility products and services offering is designed to identify, track, trace, share and connect data to enterprise systems such as CRM or ERP solutions. Our customers are leading Fortune 500 companies from several sectors including manufacturing, retail, distribution, food / beverage, transportation and logistics, health care and chemicals / gas / oil.
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¹ Visual Cortex: The visual cortex of the brain is a part of the cerebral cortex that processes visual information
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