Duos Technologies Group Appoints Power and Logistics Industry Executive Christopher King as Chief Commercial Officer
06 September 2023 - 10:00PM
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 fast track power company. During Mr. King’s time at APR, his
responsibilities included: leading all power plant operations,
which consisted of 16 sites around the world and over 500
employees; managing acquisition integrations of over $300 million
in new projects; maintaining full P&L accountability for all
operations; and building and heading up a team that closed over $1
billion in new revenue, asset sales, and contract extensions. Prior
to his time at APR, Mr. King held several operational leadership
roles at CEVA Logistics, including a role as Lean Six Sigma Leader
in charge of designing and executing continuous improvement
projects for CEVA operations across the world.
“On behalf of the Duos management team and
Board, I would like to welcome Mr. King to our organization,” said
Duos Chief Executive Officer Chuck Ferry. “I had the opportunity to
work alongside Chris at APR Energy, so I’m well aware of his
commercial contract knowledge and leadership abilities. His
experience and extensive know-how make him a perfect fit for the
CCO role, and he’ll be able to make an immediate impact on our
commercial and technical delivery in support of current and
prospective customers. Chris will be focused on building an
intensified growth strategy and strengthening our technical
strategic partners as we continue to expand on our offerings and
move a higher percentage of our business to our recurring
subscription model.”
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
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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 StatementsThis
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.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/2268873a-a27a-4bfd-b339-8cc528d884a6
CONTACT:
Corporate
Fei Kwong, Director, Corporate Communications
Duos Technologies Group, Inc. (Nasdaq: DUOT)
904-652-1625
fk@duostech.com
Investor Relations
Matt Glover or Tom Colton
Gateway Group
949-574-3860
DUOT@gateway-grp.com
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