Duos Technologies Implements First Subscription Customer
July 13, 2023
Data and Visual AI-Based Services Contract Grows the Company’s Recurring Revenue Base
Jacksonville, FL / Globe Newswire / July 13, 2023 - Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Technologies, Inc. a provider of vision based analytical technology solutions, today announced that it has implemented its first subscription services agreement with a passenger transit operator. In connection with the agreement, Duos will offer access to its Railcar Inspection Portal (“rip®” or “RIP”) and optional artificial intelligence (“AI”) detection models for key inspection points.
