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Duos Technologies adds Kenneth Ehrman to the board

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Duos Technologies Group Inc (OTCQB:DUOT) has tapped Kenneth Ehrman to its board of directors as an independent director as well as the head of its compensation and nominating committees.

Ehrman joins the Duos board after previously serving on the board of Financial Services Inc from 2012-2016, before it was sold to a large financial software company. Ehrman has also been awarded more than 20 patents including for asset tracking, cargo, impact sensing and connected car technology.

READ: Duos Technologies sees revenue jump five-fold in 3Q, raises its full-year outlook

“His expertise will particularly be a great addition to our growth plan which includes up-listing from the OTCQB to a national exchange,” said Gianni Arcaini, Duos’s chairman and CEO, in a statement.

Ehrman currently serves as an independent consultant to Fortune 100 companies, focusing on applications of Internet of Things and advances in technologies in the logistics and transportation industries.

Based in Jacksonville, Florida, Duos specializes in rail train inspections that rely on Duos’ proprietary rip technology and use an automated process which can be conducted while a train is in motion. Duos’s technology takes detailed, real-time, full-picture images of rail cars traveling at great speeds.

Duos shares closed up 1.9% to hit $0.54 on Wednesday.

Contact Ellen Kelleher at [email protected]

 

Story by ProactiveInvestors


Source: https://www.proactiveinvestors.com/companies/news/213733/duos-technologies-adds-kenneth-ehrman-to-the-board-213733.html


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