Quest Solution Receives Order for AI-Based “Visual Cortex” Software for Safe City, Transportation Management and Data Collection
The “Visual Cortex”¹ Software Imitates the Human Eyes and Brain and Is Capable of Detecting, Analyzing and Recognizing Patterns
Quest Solution, Inc. a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced it has received an order for its AI-based “Visual Cortex” software package, developed to support traffic management, law enforcement, citations and monitoring.
The $220,000 order will initially supply hundreds of software packages for use by a leading integrator in Brazil. Quest anticipates recurring annual follow-on orders for the next 10 years.
Shai Lustgarten, CEO of Quest, commented: “We are delighted to announce our “Visual Cortex” software package with unique capabilities that we believe will enable us to drive sales and increase margins with minimum expense. The algorithm for this software, developed by scientists of our recently acquired subsidiary, is recognized worldwide for its accuracy and reliability. As we’ve mentioned previously, we are focused on increasing our software and services sales in order to generate revenue growth and higher margins, and we believe that during 2019 we will see significant contributions from this part of the business.”
Mr. Lustgarten added: “Brazil, with its more than 200 million citizens, is the fifth largest country in the world and the largest South American Economy, representing a promising new market for Quest. We already work with a top local integrator and look forward to increasing our sales and generating recurring orders.”
“We plan to leverage our unique technologies and strong Fortune 500 customer base to grow our market share by offering innovative solutions integrating our AI technology with Quest legacy products,” Mr. Lustgarten concluded.