LAS VEGAS, March 3, 2020 /PRNewswire/ -- Remark
Holdings, Inc. (NASDAQ: MARK), a diversified global technology
company with leading artificial intelligence ("AI") solutions and
digital media properties, today announced a significant upgrade to
its AI-based product offerings. KanKan AI improved its
already-robust Smart Monitor technology by adding thermal
detection, including body temperature detection, and improved its
facial recognition capability to include compliance with public
sanitary regulations such as the wearing of protective masks. This
builds upon the successful technology platform that has already
been deployed among students within the Hangzhou school systems for early flu
The recent coronavirus outbreak and a difficult flu season
highlight the utility of KanKan AI's thermal detection technology,
as increased body temperature is a common symptom that allows for
early detection of flu and other contagious diseases where
widespread transmission is a concern.
"For reasons that have become obvious in recent weeks, there is
an international priority to detect infectious diseases in patients
before it spreads to the general population," stated Kai-Shing Tao, Chairman and Chief Executive
Officer of Remark Holdings. "Though many countries have advocated
the use of masks to try to prevent the spread of infectious
diseases, the ability of governmental authorities in some countries
to monitor the use of preventative measures such as masks has been
limited by lack of efficient technology and reliance on manual
methods. We now see an opportunity to expand our health and safety
capabilities to retail stores and areas with high traffic."
The new and improved capabilities of KanKan AI's Smart Monitor
technology allows for non-contact fever screening, which is more
efficient and faster than manual methods and which reduces the risk
of cross contamination from human contact. Smart Monitor's
facial recognition, which includes mask detection, may also be used
to enforce compliance with health and regulatory laws on a
real-time basis. The upgraded technology, when combined with Smart
Monitor's existing capabilities, allows for traffic monitoring,
crowd monitoring, intrusion detection and other monitoring and
detective functions, and could allow public safety managers to
operate with more efficiency, to reduce manpower, and to increase
About Remark Holdings, Inc.
Remark Holdings, Inc. (NASDAQ: MARK) delivers an integrated
suite of AI solutions that enable businesses and organizations to
solve problems, reduce risk and deliver positive outcomes. The
company's easy-to-install AI products are being rolled out in a
wide range of applications within the retail, financial, public
safety and workplace arenas. The company also owns and operates
digital media properties that deliver relevant, dynamic content and
ecommerce solutions. The company is headquartered in Las Vegas, Nevada, with additional operations
in Los Angeles, California and in
Beijing, Shanghai, Chengdu and Hangzhou, China. For more information, please
visit the company's website at www.remarkholdings.com.
This press release may contain forward-looking statements,
including information relating to future events, future financial
performance, strategies, expectations, competitive environment and
regulation. Words such as "may," "should," "could," "would,"
"predicts," "potential," "continue," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates," and similar
expressions, as well as statements in future tense, identify
forward-looking statements. These statements involve known and
unknown risks, uncertainties and other factors, including those
discussed in Part I, Item 1A. Risk Factors in Remark Holdings'
Annual Report on Form 10-K and Remark Holdings' other filings with
the SEC. Any forward-looking statements reflect Remark Holdings'
current views with respect to future events, are based on
assumptions and are subject to risks and uncertainties. Given such
uncertainties, you should not place undue reliance on any
forward-looking statements, which represent Remark Holdings'
estimates and assumptions only as of the date hereof. Except as
required by law, Remark Holdings undertakes no obligation to update
or revise publicly any forward-looking statements after the date
hereof, whether as a result of new information, future events or
E. Brian Harvey, Director of
Capital Markets and Investor Relations
Remark Holdings, Inc.
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SOURCE Remark Holdings, Inc.