Duos Technologies Launches Targeted Media Program to Expand Global Opportunities

JACKSONVILLE, Fla., Feb. 09, 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 trains and trucks, today announced that the Company is now showcasing its solutions internationally in Railway-News, a specialist digital publisher for the global rail market.

UK-based Railway-News has over 450,000 unique web users and a combined social media follower base of over 70,000. The Company’s objective is to bring greater awareness to its AI solutions in the global rail market, expanding on Duos’ historically domestic approach. The Company will be initially showcasing its offerings in the Railway-News online magazine and is currently in the Featured Supplier position on pages focused on Data and Monitoring, Train Overhaul Maintenance and Refurbishment, and Inspection and Monitoring Equipment.

“As we expand our opportunities beyond the North American rail market, we plan to employ additional programs to support greater awareness of our AI and other solutions in key international regions,” said Duos Chief Executive Officer Chuck Ferry. “We are already working with a number of prospective partners in Latin America, the Middle East, and Asia, where we’ve seen strong initial interest for our technology. Our engagement with Railway-News should help to build on this foundation to make further inroads in these markets that have strong demand for our growing AI catalog and inspection systems.”

To learn more about Duos on the Railway-News platform, click here.

To stay up to date on the Company's most recent developments or to learn more about the Duos story and its revolutionary technology platforms, be sure to follow here or sign up for email alerts here. For more information please contact DUOT@duostech.com or visit the Company's website and social media channels: Website, LinkedIn, Twitter.

About Duos Technologies Group, Inc.
Duos Technologies Group, Inc. (Nasdaq: DUOT), based in Jacksonville, Florida, through its wholly owned subsidiary, Duos Technologies, Inc., designs, develops, deploys and operates intelligent vision based technology solutions supporting rail, logistics, intermodal and government customers that streamline operations, improve safety and reduce costs. The Company provides cutting edge solutions that automate the mechanical and security inspection of fast-moving trains, trucks and automobiles through a broad range of proprietary hardware, software, information technology and artificial intelligence. For more information, visit www.duostech.com.

Forward- Looking Statements
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things our plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law. All forward-looking statements attributable to Duos Technologies Group, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

Contacts

Corporate Fei Kwong, Director, Corporate Communications Duos Technologies Group, Inc. (Nasdaq: DUOT) 904-652-1625 Investor Relations Matt Glover or Tom Colton Gateway Investor Relations 949-574-3860

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/eb62d411-8b0a-4539-82c1-a53804d722ce.

k@duostech.com
DUOT@gatewayIR.com