Duos Continues to Lead in Railcar Inspection Innovation with Its obliquevue® System used for advanced undercarriage visualization for AI analytics JACKSONVILLE, Fla., Jan. 14, 2025 (GLOBE NEWSWIRE) -- 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, a leader in railcar inspection technologies, has been granted a new patent by the U.S. Patent and Trademark Office for its obliquevue® Oblique Vehicle Undercarriage Examiner. Titled "Device to capture high resolution images of the unde

JACKSONVILLE, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), is excited to announce the successful closing of an Asset Management Agreement ("AMA") through its operating subsidiary, Duos Energy Corporation. The AMA – announced on November 20, 2024 – encompasses the deployment and operation of a fleet of 30 mobile gas-powered turbines and associated balance-of-plant inventory ("the Assets"), collectively capable of generating 850 megawatts of power, which have been acquired by funds managed by affiliates of Fortress Investment Group ("Fortress"). The assets will be managed in partnership with affiliates of Fortress, and are

JACKSONVILLE, Fla., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiaries Duos Edge AI, Inc. ("Duos Edge AI"), and Duos Energy Corp. ("Duos Energy"), proudly announces a pivotal partnership with the Pampa Energy Center ("PEC"). This collaboration aims to develop high-density Data Center Development Parks powered by up to 500MW of natural gas self-generation, supplemented by up to 200MW of wind turbine generation and alternative fuel sources for redundancy. This 500+ acre project will transform Pampa Texas's infrastructure, create jobs, and drive technological and economic growth. This establishes Pampa as

JACKSONVILLE, Fla., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), is pleased to announce that its operating subsidiary Duos Energy Corporation has signed a two-year Asset Management Agreement ("AMA") to deploy and operate a fleet of mobile gas turbines and balance-of-plant inventory ("the portfolio" or "the assets") that has a combined generation capacity of 850 megawatts. The AMA has been signed with affiliates of Fortress Investment Group ("Fortress"); funds managed by affiliates of Fortress are acquiring the portfolio from APR Energy. Through the AMA, Duos will oversee the management and deployment of the assets. Duos is alread

JACKSONVILLE, Fla., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), reported financial results for the third quarter ("Q3 2024") ended September 30, 2024. Third Quarter 2024 and Recent Operational Highlights Delivered and installed Edge Data Center for Amtrak at the Secaucus location. Construction work continues at the site. Received more than $1.4 million in contract modifications at Amtrak including renewal of the subscription utilizing three portals for long-distance passenger trains. Initial discussions for future sites in progress.Expanded investment in new subsidiary, "Duos Edge AI" with the addition of three new EDCs for a

JACKSONVILLE, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) will hold a conference call on Wednesday, November 20, 2024 at 4:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2024. Financial results will be issued via press release prior to the call. Duos management will host the conference call, followed by a question-and-answer period.   Date:Wednesday, November 20, 2024Time:4:00 p.m. Eastern time (1:00 p.m. Pacific time)U.S. dial-in:877-407-3088International dial-in:201-389-0927Confirmation:13749773   Please call the conference telephone number 5-10 minutes prior

JACKSONVILLE, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Edge AI, Inc. ("Duos Edge AI"), a provider of adaptive, versatile, and streamlined Edge Data Center ("EDC") solutions tailored to meet evolving needs in any environment, announced the early deployment of three new EDCs across Texas. The accelerated acquisition was enabled by using a financing partner, underscoring the Company's fast-to-market capabilities in delivering edge computing solutions for underserved areas. These additional EDCs will provide low-latency, high-speed internet access tailored for remote districts, directly

JACKSONVILLE, Fla., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (NASDAQ:DUOT) is pleased to announce a new five-year agreement signed with CN (NYSE:CNI) that will enable Duos to offer Machine Vision/AI Wayside Detection Safety Data through a subscription service. For more than five years, CN has used Machine Vision/AI Wayside Detection technology along its network in Canada and the United States. CN has been using this solution to complement current manual inspections, helping maintain its fleet with more efficiency, leading to a safer and more reliable railway. Duos is the inventor of the Railcar Inspection Portal and holder of ten active U.S. Patents of this cuttin

JACKSONVILLE, Fla., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Edge AI, Inc. ("Duos Edge AI"), a provider of adaptive, versatile and streamlined Edge Data Center ("EDC") solutions tailored to meet evolving needs in any environment, today announced a strategic partnership with Accu-Tech to accelerate the deployment of edge computing infrastructure across the United States. This collaboration brings together industry leaders to support the rapid expansion of edge computing capabilities, addressing the growing demand for low-latency data processing and improved connectivity in underserved marke

JACKSONVILLE, Fla., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), will participate in a webcasted presentation and host one-on-one meetings with investors at the Lytham Partners Fall 2024 Investor Conference, taking place virtually on Tuesday, October 1, 2024. Company Webcast The webcasted presentation will take place at 3:30pm ET on Tuesday, October 1, 2024. The webcast can be accessed by visiting the conference home page at https://lythampartners.com/fall2024/ or directly at https://app.webinar.net/9B5k2y6ngl0 . The webcast will also be available for replay following the event. 1x1 Meetings Management will be participating

JACKSONVILLE, Fla., June 20, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), held a press conference on June 18th, highlighting key developments in its business strategy. The event was attended by local dignitaries, members of the Jacksonville Chamber of Commerce, and key industry stakeholders. The event was also streamed live via the Duos YouTube channel. CEO Chuck Ferry announced that the Company had signed a strategic partnership with a Class 1 railroad in preparation for rolling out its subscription based railcar inspection system. The System has been under development and is currently in both production and test environments with key

JACKSONVILLE, Fla., April 30, 2024 (GLOBE NEWSWIRE) -- 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 announced the re-appointment of Adrian Goldfarb as Chief Financial Officer, effective April 29, 2024, following the departure of Andrew Murphy who has been recruited by another company to serve as their CFO.   Mr. Murphy served as Duos' CFO since November 2022 and was instrumental in the development of the finance team to support senior management in preparation for an e

JACKSONVILLE, Fla., Sept. 06, 2023 (GLOBE NEWSWIRE) -- 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 that analyzes fast moving vehicles, today announced the appointment of Christopher King, energy and logistics industry veteran, as its new Chief Commercial Officer ("CCO"), effective August 30, 2023. Mr. King joins Duos with over 20 years of operational and commercial leadership experience within the energy and supply chain sectors. Prior to joining Duos, he served in a series of progressive management roles within APR Energy ("APR"), a global fa

JACKSONVILLE, Fla. , July 19, 2023 (GLOBE NEWSWIRE) -- 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, has appointed rail industry veteran Frank Lonegro to its Board of Directors. With a 30-year professional career spanning leadership roles in finance, law, technology and operations, Mr. Lonegro enjoyed a long and distinguished career at CSX Corporation (NASDAQ:CSX) starting in 2000 as Assistant General Counsel and serving in various senior executive roles including Chief Financial Officer from 2015 to 2019. He currently serves as the Chief Financial O

JACKSONVILLE, FL / ACCESSWIRE / December 6, 2022 / 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 that analyzes fast moving trains and trucks, today announced the appointment of industry veteran Thomas Hughes as its Vice President of Sales. In this newly created role Hughes will report directly to Senior VP of Sales and Marketing Matt Keepman and will be responsible for supporting the Company's commercial and go-to-market strategies for its new subscription offerings.Hughes brings over thirty years of experience in sales management roles for high-growth s

JACKSONVILLE, FL / ACCESSWIRE / November 14, 2022 / 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 that analyzes fast moving trains and trucks, today announced the appointment of Andrew Murphy, formerly Company Vice President of Finance, as its new Chief Financial Officer, effective November 15. In conjunction with the Company's succession plan, former CFO Adrian Goldfarb will remain with Duos in a consulting capacity to ensure a smooth transition process and will take on a new position within Duos' newly formed Industry Advisory Group.Murphy will be takin

JACKSONVILLE, FL / ACCESSWIRE / October 20, 2022 / 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 that analyzes fast moving trains and trucks, today announced the addition of David McKee to its newly formed Industry Advisory Group. The Industry Advisory Group's function will be to provide consultation on certain areas requiring specialist industry, technical or financial knowledge to assist senior management in strategic planning. Mr. McKee will be focused on the Company's roll-out of portals in the rail industry.McKee brings nearly 40 years of experience

JACKSONVILLE, FL / ACCESSWIRE / October 6, 2022 / 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 that analyzes fast moving trains and trucks, today announced the appointment of Matt Keepman as its Senior Vice President of Sales and Marketing. In this newly created role Keepman will report directly to CEO Chuck Ferry and will be responsible for leading the Company's commercial strategy with a focus on driving top line growth.Keepman brings two decades of experience in managing strategic accounts within the North American rail industry. Most recently he was

Former COO at Tier One Rail Operator CSX Brings More Than 50 Years Of Direct Experience JACKSONVILLE, FL / ACCESSWIRE / January 21, 2021 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), a provider of intelligent security analytical technology solutions, has appointed rail industry veteran Mr. Edmond ("Ed") L. Harris to its Board of Directors. Harris was elected to the Board of Directors at the Company's Annual Meeting of Shareholders held on November 19, 2020. Harris will serve as the Chairman of the Company's Nominating and Governance Committees and will also take a position as a member of the Audit Committee. With this change and others previously disclosed, the D