United States Duos Tender

Duos Technologies Group Inc. Duos or the Company through its operating subsidiary Duos Technologies Inc. announced today that twenty-five 25 new perspectives have been added to the current nine 9 on its industry leading Railcar Inspection Portal rip solution. Of these new perspectives ten 10 of these have been incorporated into Duos new obliquevue offering.These new products are currently in production at a major Class 1 Railroad and are part of a significant planned expansion of this customers rip program already in operational production at seven 7 locations across North America in both the US and Canada.These new system perspectives incorporate the latest in imaging technologies capturing images at four 4 times the resolution of the current system. The obliquevue is the first of a new generation of AI based inspection systems being developed by Duos as a part of a new rapid development initiative started in late 2020. Duos rapid development objective is to respond dynamically to customer requirements for systems that will work within existing operations and without requiring major changes to operational practices.The obliquevue was developed in 60 days from initial concept through testing and is also in production use at this time. This system provides ten 10 new visual perspectives at oblique angles underneath a railcar. Although designed to work as a part of the rip the product can be deployed independently for certain applications as well.As the first deployment in our Rapid Development initiative the obliquevue represents a major technical and symbolic achievement for the future of our company said Duos CEO Chuck Ferry. We implemented this program at the beginning of the year as part of the reorganization of our overall technology approach whereby our Engineering Information Technology Software Development and AI teams are collaborating closely to design manufacture and deploy new products in a very short period of time based on specific customer needs and feedback. Our combined technology teams have openly embraced this new approach and worked collectively to achieve the stretch goals set by senior management. Going forward we are already seeing this new approach to development combined with our focus on operational efficiency starting to pay dividends in terms of faster deployment and improved customer satisfaction.