omniQ’ Announces the Election of Professor Mina Teicher to the Board of Directors

SALT LAKE CITY, Dec. 22, 2022 (GLOBE NEWSWIRE) -- omniQ Corp. (NASDAQ: OMQS) (“omniQ ” or “the Company”), a provider of Artificial Intelligence (AI)-based technology solutions to Supply Chain Automation, Parking, Security and self service Kiosks announced that Professor Mina Teicher has been elected to its Board of Directors.

Professor Mina Teicher is a world known mathematician and the Chair of the largest brain research division at Bar-Ilan University and has directed the German “Emmy Noether Research Institute for Mathematics” at the Georg-August-Universität Göttingen since 1999. She is the co-founder of the UNESCO Digital campus for Complex Systems, has served as a member of the USA President nominated think-tank for Ethics of Brain-Machine Interface, as a member of the Executive Committee of the European Math Society and as a member of Evaluation Committees of leading research Institutes in Germany, Italy, Korea, and Japan.

Ms. Mina has also held many leadership roles in academia and science, including serving as chief scientist of the Israeli Ministry of Science and Technology, and chairing the Board of Governors of the United States – Israel Binational Science Foundation.

Shai Lustgarten, CEO commented “Mina brings a wealth of knowledge and experience to the board of Omniq having spent nearly 50 years embracing mathematics and technologies. Her specialization in computer vision, cyber security and complex societal systems combined with her roles in international committees dealing with promoting R&D and the use of Artificial Intelligence in machine vision, machine learning and Cyber technology, make her a valuable addition. She also has spent significant time on many boards specializing in Blockchain, Machine Vision, Precision Medicine and e-learning, all of which will help advance our companies growth plans. In addition, we are excited about Mina’s drive to advance women’s roles in mathematics across the globe as the former VP of the International Women Forum (IWF) and we look forward to her future contribution to the board. I would like to thank General (Ret) Itzhak Almog for his helpful and devoted service”.

Professor Teicher was elected to the Board of Directors in the Company’s Shareholders Meeting replacing General (Ret) Itzhak Almog who did not seek reelection due to personal reasons.

About omniQ Corp.

omniQ Corp. (Nasdaq: OMQS) provides computerized and machine vision image processing solutions that use patented and proprietary 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 provided by the Company help clients move people, assets, and data safely and securely through airports, warehouses, schools, national borders, and many other applications and environments.

omniQ’s customers include government agencies and leading Fortune 500 companies from several sectors, including manufacturing, retail, distribution, food and beverage, transportation and logistics, healthcare, and oil, gas, and chemicals. Since 2014, annual revenues have grown to more than $50 million from clients in the USA and abroad. 14 Safe city active deployments.

The Company currently addresses several billion-dollar markets, including the Global Safe City market, forecast to grow to $29 billion by 2022, and the Ticketless Safe Parking market, forecast to grow to $5.2 billion by 2023. For more information, visit

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Koko Kimball