February 22, 2024

Mexican Rail Operator Renews Support Contract and Adds Duos AI

Jacksonville, FL / Globe Newswire / February 22, 2024 - 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.
February 7, 2024

Duos Granted AI Patent

Jacksonville, FL / Globe Newswire / February 07, 2024 - 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, today announces the award of a groundbreaking patent, "Use of Artificial Intelligence to Detect Defects in Trains and Method to Use". This innovative AI patent reinforces Duos’ strong commitment to improving rail safety through technology. Utilizing the Duos proprietary AI process significantly enhances the effectiveness of mechanical railcar inspections to aid in derailment prevention, further improving safety, and streamlining operations.
January 23, 2024

Duos RIP® Scans Over Eight and a Half Million Railcars in ‘23

Jacksonville, FL / Globe Newswire / January 23, 2024 - 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, transit trains and trucks, reported that in 2023 the Company’s Railcar Inspection Portal (“rip®” or “RIP”) technology performed more than eight and a half million comprehensive railcar scans, on over 665,000 unique railcars. This metric encompasses all railcars scanned at locations across the U.S., Canada, and Mexico, representing approximately 40% of the total freight car population in North America.