Duos Technologies signs 5-year data subscription agreement with Class 1 railroad for 7 RIPs

DUOS TECHNOLOGIES GROUP, INC.

Signed amendment to Master Material and Service Purchase Agreement with Class 1 railroad, effective June 1, 2024.
Agreement covers maintenance and support of seven Duos railcar inspection portals (RIPs).
Five-year separate agreement grants Duos rights to market data subscriptions to railcar asset owners/lessors for mechanical and safety data.
Duos recently awarded multiple patents on the technology process and methodology including AI.

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