OMNIQ ANNOUNCES THE ACQUISITION OF CODEBLOCKS LTD A LEADING FINTECH SOFTWARE DEVELOPER
Summary
The acquisition augments omniQ’s existing fintech presence in self-service kiosks, credit card payment systems, and point-of-sale technologies. In addition, as we integrate our proprietary software, we believe that we will have the opportunity to capture a bigger market share as well as introduce our solution to the US and other markets globally.” Erez Attia CEO of CodeBlocks commented: “Following years of successfully developing our proprietary Fintech software, we are excited to join forces with a strong team and a dynamic company like ominQ in order to provide innovative solutions to the modern Fintech market.” omniQ Corp. 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. The technology and services provided by OMNIQ help clients move people, assets, and data safely and securely through airports, warehouses, schools, national borders, and many other applications and environments. For a more detailed description of the risk factors and uncertainties affecting OMNIQ Corp., please refer to the Company’s recent Securities and Exchange Commission filings, which are available at .
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