Duos Technologies Awarded Multi-Year Contract with CN

October 07, 2020

JACKSONVILLE, FL / ACCESSWIRE / October 7, 2020 / Duos Technologies Group, Inc. ("Duos or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Technologies, Inc., has been awarded a new contract from existing customer CN (CNR) (CNI) ("CN" or "the railroad"), a world-class transportation leader and trade-enabler. The agreement, which is effective immediately, includes complete North American service, support, maintenance and spare components sourcing for the seven (7) Railcar Inspection Portals (rip^®) currently in operation at CN. The total contract will be recognized as recurring revenue through 2022.