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The order follows Maris-Tech’s agreement with a major distributor in Turkey, continuing the company’s international expansion trend.
Rehovot, Israel, June 26, 2023 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK) (“Maris-Tech” or the “Company”), a B2B provider of Edge AI, today announced video solutions for edge platforms. It announced that it has received an order for the Jupiter AI product family from a Turkish company.
The order follows Maris-Tech’s recent agreement with IMCA Elektronik in Turkey (“IMCA”), a major distributor of the company’s high-quality products in Turkey for defense, aviation, transportation, industrial and consumer electronics applications. Maris-Tech is active in the defense and HLS markets and has extensive presence in this market in Israel and other countries around the world.
“We are very pleased to announce our successful collaboration with IMCA for a new order of our innovative products, establishing Maris-Tech’s continued global expansion and strengthening an important presence in Turkey,” said Israel Bar, Maris-Tech CEO.
About Maris-Tech Ltd.
Maris-Tech is a B2B video streaming and AI technology provider founded by Israeli tech industry veterans with extensive electrical engineering and imaging experience. Our products are designed to meet the growing demands of commercial and tactical applications, providing high-performance, compact, low-power and low-latency solutions to companies worldwide, including leading electro-optical payload, RF datalink and unmanned platform manufacturers, as well as defense. HLS, and communication companies. For more information, visit https://www.maris-tech.com.
Disclaimer of Forward-Looking Statements
This press release Port” created by those units. Forward-looking statements that are based on certain assumptions and describe our future plans, strategies and expectations are generally identified by the use of forward-looking words such as “believe,” “expect,” “may.” “”may,” “seek,” “plan,” “plan,” “goal,” “estimate,” “estimate” or other related words. For example, we are using forward-looking statements when discussing future sales. Our products in Turkey and our international expansion, forward-looking statements are not historical facts or assurances of future performance, but rather are based solely on our current beliefs, expectations and assumptions regarding the future business, future plans and strategies, forecasts, expected events and trends, the economy AND OTHER FUTURE CONDITIONS Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are beyond our control. . Our actual results and financial condition may differ materially from those expressed in forward-looking statements. Therefore, you should not place undue reliance on these forward-looking statements. Key factors that could cause our actual results and financial condition to differ materially from those expressed in forward-looking statements include, among others: our ability to successfully market our products and services, including in the United States; Customer acceptance of our products and services; our continued ability to pay operating expenses and meet demand for our products and services; the extent and nature of competition from other security and telecom products and services; the effects of changes in the cyber security and telecom markets; Ability to successfully develop new products and services; our success in establishing and maintaining cooperative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and other risks and uncertainties on Form 20-F for the year ended December 31, 2022 filed with the SEC on March 6, 2023 and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, whether as a result of new information, future developments or otherwise that may be made from time to time.
Investor Relations:
Nir Bussy, CFO
Phone: +972-72-2424022
Nir@maris-tech.com
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