OMNIQ Corp. Delivering Machine Vision

Investor Presentation: Q1 2020

OTCQB: OMQS

www.QuestSolution.com/investors

Safe HarborThis presentation is neither an offer to sell nor a solicitation of offers to purchase securities. This presentation is the confidential intellectual property of OMNIQ Corp. and its subsidiaries (together, “OMNIQ”). Any use or redistribution of this document or its contents without the express written consent of OMNIQ is prohibited.

This presentation contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The words “may”, “would”, “will”, “expect”, “estimate”, “can”, “believe”, “potential”, “target”, “outlook”, “plan”, “objectives” and similar expressions and variations are intended to identify forward-looking statements. Those statements appear in a number of places in the presentation and include statements regarding the intent, belief or current expectations of Quest, its directors or its officers with respect to, among other things: (i) trends affecting OMNIQ’s financial condition or results of operations; (ii) OMNIQ's financing plans; and (iii) OMNIQ’s financial targets and plans; and (iv) OMNIQ's business and growth strategies, among other things.

Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. You are cautioned not to place undue reliance on these forward-looking statements, which reflect OMNIQ's management’s view only as of the date of this presentation. Quest undertakes no obligation to publicly update or revise and forward-looking statements, whether as a result of new information, future events, or otherwise, unless otherwise required by law.

This presentation is © OMNIQ Corp. 2020

OTCQB: OMQS 2

Compelling Opportunity• Machine vision image processing

technology and services

• Patented and proprietary AI technology

• Homeland security, traffic & parking management, law enforcement, and supply chain management

• Helps clients move people, vehicle and data safely and securely through airports, warehouses, schools, national borders, and many other applications and environments

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• Since 2014, annual revenues have grown to more than $50 million from clients in more than 40 countries

• Addresses several billion-dollar markets with double-digit growth

• Customers are government agencies and leading Fortune 500 companies across numerous sectors, such as manufacturing, retail, distribution, food and beverage, transportation and logistics, healthcare, and oil/gas/chemicals

The Challenge

OTCQB: OMQS 4

connectivity real time predict/forecastanalytics response

Smart & Safe City: Digital Supply Chain:

Safe City & Border Control/Parking Industry 4.0

Increasing crime,

border control

challenges, require fast and

accurate response and

adaptability by law enforcement

Shift towards

automation & cross-

agency approach to

improve processes without

compromising safety and security

UrbanizationEconomic growth and rapid

urbanization + Increasing vehicle

traffic create risks and threats

Connectivity75.4 billion connected IoT devices

worldwide by 2025

E-commerce, mobile

networks & social

mediaempower customers to purchaseat

virtually any hour or location;

Delivery within hours

Current customer

solutions not keeping

up with demandRelevant, solutions need to

increase productivity, drive

efficiency and allow innovation

Step By Step Solution

OTCQB: OMQS 5

Identify & ShareCapture & Transmit

Machine vision

Real time data

identification24/7 Connectivity

Wireless

Infrastructure

Security

solution

Management

Use/Analyze/Respond/

Profile/Predict

Dash boards & data

integration

M2M 24/7 Security, alerts,

Control and monitor,

CRM

Analytics

ERP, CRM systems

Real time object detect

& identifyReal time decision making/

response

Real M2M, no touch of a

man

Real time configuration

Increase productivity

Real-time, M2M, connected solution with less devices and increased productivity

$3.39B Market1

Growth to $5.15B by 2023

Fast penetration due to

accuracy and the quickest

identification, allowed

deployment in airports, in 17

major airports.

Airports/malls/hospitals/casino

s/enterprises

$2.7B Market2

Growth to $2.8B by 2021

Providing Schools and

Universities a new pro-active,

real time security approach.

Quick response and

minimizing threats.

Deployment in three Miami

schools. $12K annual per

school. 4K schools in FL alone

$16.2B Market4

Growth to $29.6B by 2022

Smart connected cities require

real time regulation

enforcement, control,

monitoring.

Deployed in FL, Israel, Emirates

Ticketless Safe

ParkingBorder control

Safe CitySafe School

$600M Market3

Growth to $2B by 2026

Increasing demand for

integrated M2M real time

proven solution.

Texas-Mexico, San Diego-

Mexico, Israeli borders

AI Solutions – Safe City and Parking

OTCQB: OMQS 6

1. MarketsandMarkets: Parking Management Market by Solution (Parking Guidance, Reservation Management, Permit, Enforcement, PARC, Security & Surveillance, Analytics), Service, Deployment Type, Parking Site (Off-Street and On-Street), and Region - Global Forecast to 2023 (June 2018).2. IHS Markit: School Security Systems Industry – US Market Overview (Feb 26, 2018).

3. Global Automated Border Control Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026 (July 2018).4. IHS Markit: The Safe City: Assessing Opportunities and Challenges in a Budding Security Concept (Dec 12, 2018).

$2.06B Market5

Growth to $5.72B by 2025

Technological developments

allowing rapid, real-time

responses to changing

demands. Optimization of

resources

$3B Market6

Growth to $7.6B by 2025

Connected real time solution,

allowing efficiency and

increasing productivity

YMS Yard

Management Systems

WMS warehouse

management system

connectivity real time analytics response predict/forecast

> Container identification (port/train) → efficient truck reservation

Authentication of truck/container

> DC entrance gate arrival notice and M2M entrance authorization

> Yard intelligent locator for truck and container position

> Warehouse efficient entrance operation

> DC exit gate exit operation with required authentication and destination

point alerts

> Connected, Real-Time, reporting & analytics, adaptable, flexible, efficient,

predictive

> Innovative approach (Uber concept) allowed through the computer vision

technology base on AI/ML

> Meeting today’s challenges and tomorrow’s needs

> Real time 24/7 M2M detection and identification of inventory

> Automated asset management allowing a push of a button intelligent

location of assets

> Real time monitoring and reporting

> Analytics creating efficiencies, increase productivity, adoptable to sudden

increased requirements or decreased requirements.

> Less devices, more productivity, cheaper

> Connected, Real-Time, reporting & analytics, adaptable, flexible, efficient,

predictive

> Innovation, meeting today’s challenges and tomorrow’s needs

AI Solutions – Digital Supply Chain

7OTCQB: OMQS

5. Grand View Research: WMS Market Size Worth $5.72 Billion by 2025 | CAGR: 16.3% (April 2018).

6. Global Dock and Yard Management Systems Market: Technological Advancements to Steer Uptake of Dock and Yard Management Systems -Transparency Market Research (December 22, 2017)

Government Airports Parking

Retail/T&L/

Manufacturing Healthcare

Customers

OTCQB: OMQS 8

Management

• Shai S. Lustgarten, CEO

• Formerly CEO of Teamtronics, Inc. manufacturer of rugged computers and electronic equipment

used in the Gas and oil industry

• Former CEO of Micronet Limited Inc., a developer and manufacturer of mobile computing

platforms for integration into fleet management and mobile workforce solutions listed on the Tel

Aviv Stock Exchange

• Former EVP Business Development and Head of the Aerospace and defense Division of Micronet

Enertec Technologies, a technology company listed on the NASDAQ Capital Market

• Neev Nissenson, Chief Financial Officer

• Experienced entrepreneur and financial officer

• Formerly CFO of Hypnocore, Ltd., an Israeli based startup company that develops mobile

applications for sleep monitoring and therapy.

• Founded Hotwine, Inc., a California based wine startup company.

• Sandy Mayer, VP Sales and Marketing

• Formerly President of Location Networks offering Telematics, Connected Car, Location

Technology and location-based services applications

OTCQB: OMQS 9

Transformation of Quest Solution

2017 2018 2019

New Management Focused Turnaround Positioned for Growth

OTCQB: OMQS 10

New AI Product

Launches in the fields

of Safe City & Supply

Chain Management

Entirely new Board of

Directors

Announced

turnaround plan

New CEO,

Shai Lustgarten

Strengthened balance

sheet with debt to

equity conversion

Entered

Transportation

Logistics market

In house

manufacturing for our

needs, versus

outsourcing

New recurring

revenue streams

versus the one-time

transactions

conducted today

YE 2017: Increased

stockholders’ equity,

cash flow and

profitability

Acquired HTS Image

Processing, Inc. (HTS)

Marg

ins

Legacy Offerings New Offerings Future

Hardware

Supplies &

Accessories

Infrastructure,

Networking, Security

& Management

Industrial Internet

of Things (IIoT) and

RFID Solutions

Mobile Cloud

Analytics

Software for Supply

Chain Applications

(Route Edge)

AI-Based Image

Processing

Big Data

Implementing our Strategy

OTCQB: OMQS 11

Quest Shield: Utilizing leading-edge technology to enhance school campus security

Since 2018, there have

been:

• 226 school shootings

• Over 1,600 attempted

abductions

• 20% of students

offered illegal drugs

on campus

With 34,576 private schools, 132,853 public schools, 1,626 public colleges and 2,726

private colleges, millions of students are exposed to threats everyday.

Credit: Statista

Quest Shield currently

offers the most

effective measure to

enhance public safety

using its proprietary AI

based machine vision

technology.# of school shootings 1970-2019

OTCQB: OMQS 12

Using OMNIQ’s proprietary machine vision technology, Quest Shield helps keep students safe, as it can:

OTCQB: OMQS 13

• Identify any vehicle entering or leaving campus

• Connect with local law enforcement to match plates with "Be on the Lookout" (BOLO) lists and alert them to a match

• Flag blacklisted vehicles of entities like recently fired staff and suspended students

• Provide first responders a detailed campus layout, last known location of students/faculty and emergency contact information

$1It costs just $1 per-child, per-month,

to install the basic Quest Shield

system in schools

Financial Highlights

• Late 2018 acquisition of HTS Image Processing

brings considerably higher margin AI-based

automated vision solutions and ~$10M in annual

revenue

• Record nine months revenue of $45.8M (+8% vs.

2018) through 3Q19

• Record nine months gross margin of 26% vs. 21%

in 2018 through 3Q19

• EBITDA of $781k vs. ($2 million) through first nine

months of 2019 vs. 2018, and Adjusted EBITDA of

$2.054 million vs. $940k through first nine months

of 2019 vs. 2018

OTCQB: OMQS 14

Quest Solution Inc. Income Statement Summary

Condensed Consolidated Statements of Operations & Comprehensive Loss (unaudited)

3 monthsended September 30

9 months ended September 30

2019 2018 2019 2018

Total Revenues $13,097 $13,444 $45,843 $42,369

Total Cost of Goods Sold 9,601 10,745 34,123 33,688

Gross Profit 3,496 2,699 11,720 8,681

Total Operating Expenses 4,231 3,086 12,550 10,630

Loss from operations (735) (387) (830) (1,949)

Total Other Expenses (708) (529) (1,778) (2,344)

Net Loss attributable to common stockholders

(1,491) (980) (2,749) (4,479)

Adjusted EBITDA* 498 86 2,054 940

OTCQB: OMQS 15

http://www.questsolution.com/quest-solution-achieves-record-nine-month-revenue-of-45-8m-gross-profit-increases-35-to-

record-11-7m-in-first-nine-months/

Peer Comparisons

OTCQB: OMQS 16

Company Ticker Mkt Cap ($M) 2018 Rev ($M) P/Rev

Cognex Corporation NASDAQ: CGNX 8,011 806.3 9.9

Manhattan Associates NASDAQ: MANH 4,151 559.2 7.4

Zebra Technologies Corporation NASDAQ: ZBRA 11,481 4,210 2.7

Rekor Systems, Inc. NASDAQ: REKR 89 48.6 1.8

OMNIQ Corp. OTCQB:OMQS 22 56.2 0.4

Attractive valuation compared to peers

As of: 3/3/2020 intraday Source: Yahoo Finance

*As of 3/03/2020 Source : OTC Markets

Leading provider of automatic, Artificial

Intelligence (AI) enhanced identification

and data capture solutions for:• Supply Chain Management

• Parking Automation

• Homeland Security

• Law Enforcement

HQ: Salt Lake City, Utah

R&D: Israel

Employees: 65

Revenue (TTM)*: $60M & Growing

Positive Adjusted EBITDA & Growing

Total Shares Outstanding: 3.9M

Total Float: ~1.1M

Average Daily Volume: 4,045 (30D)

Market Cap: $21.5M*

Incorporated: Delaware

OMNIQ's Business Financial Results

Adding Intelligence To Our Future

OTCQB: OMQS 17

1LEADERS IN

INNOVATION

2ATTRACTIVE

VALUATION

3FORTUNE 500

CUSTOMERS

4POSITIONED

FOR GROWTH

Expansion opportunities integrating OMNIQ's NextGen solutions to

our existing customers. Introducing new products to new customers

within our existing verticals. All NextGen solutions present

significantly higher margins and revenue growth.

Quest developed the NextGen computer vision solutions to meet

Industry 4.0 and Smart City challenges. Our AI & ML allow our

customers to detect, identify, adopt and respond in real time. As

leaders in technological innovation, we replace existing technologies

and solutions with ours.

Existing attractive valuation compared to our peers.

With our breakthrough technology, existing Fortune 500 companies

as customers, solutions that meet today’s challenges and tomorrow’s

needs, together with our intended uplisting to NASDAQ, Quest is

poised for huge growth. The Quest name is becoming associated with

a very respectful list of organizations that have changed reality in

their field of operation.

Investment Highlights

OTCQB: OMQS 18

Investor Contact:

John Nesbett/Jen Belodeau

IMS Investor Relations

203.972.9200

jnesbett@institutionalms.com

Thank you

OTCQB: OMQS 19

Appendix

OTCQB: OMQS 20

Analytics/

Predictive Analytics

Reports

Dash Boards

Cloud Services

Real time data

&

Real time alerts

SW/Algorithm AI/ML

Hardware design/

Automation

IoT

Application

Dev.

computer vision

Big Data

Real-time, M2M, connected solution with less devices and more productivity

identifydetectlocate respond predict

Machine Vision

OTCQB: OMQS 21