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EXHIBIT 99.1 OMNIQ Corp. Issues Second Quarter 2026 Shareholder Letter and Reports Financial Results SALT LAKE CITY , Aug. 18 , 2026 ( GLOBE NEWSWIRE ) -- OMNIQ CORP . ( OTCQB : OMQS ) ( " OMNIQ " or the " Company " ) , a leading provider of AI - based computer vision solutions , reports that increased government funding and rapid advances in artificial intelligence are driving demand for machine vision , vehicle recognition , today issued a letter to shareholders and reported financial results for the second quarter and six months ended June 30 , 2026 . To Our Shareholders OMNIQ today is a different company than it was a year ago . Following the July 2025 divestiture of our Quest Solution division , we operate today as a focused provider of AI - based machine vision , automation and intelligent mobility solutions . It is a simpler business , but one built around the technology we believe creates the most long- term value . That transition is the single most important context for the numbers in this release . Our second quarter 2026 revenue of $ 7.4 million compares to $ 7.8 million a year ago , and our six - month revenue of $ 15.1 million compares to $ 15.8 million . The swing from net income in the prior - year second quarter to a net loss this year is driven almost entirely by $ 3.6 million of other income and gain on debt settlement recorded in the second quarter of 2025 that did not recur in 2026. It does not reflect a comparable change in the underlying business , and we would encourage shareholders to read the year - over - year comparisons with that in mind . What we are focused on is what comes next . Our machine vision platform , passenger and people counting , license plate and vehicle recognition , real - time monitoring , access control , and traffic and parking management , is being deployed today across municipalities , government agencies , healthcare systems , universities , airports , and enterprise campuses . We added four municipalities to our Safe City footprint during and shortly after the quarter , extending our presence across the Northeast . Our high - occupancy vehicle solution , which identifies and counts vehicle occupants under difficult real - world conditions , is now live in the field , with deployments at sites handling more than 30,000 vehicles annually . We are not able to name these customers or locations at this time , but we intend to share more as permissions allow . We are also investing in the defensibility of that technology as part of a deliberate strategy : for a technology company , issued patents are durable value , and we expect to continue building that portfolio . We are equally focused on the balance sheet . We ended the quarter with $ 1.1 million in cash , up from $ 679,000 on December 31 , 2025 , and we continue to work with vendors , debt holders , secured lenders , and related parties on settlements and restructurings intended to reduce liabilities and improve working capital . In addition to cash on hand , we have received ongoing financial support from a related party , whose advances to the Company increased to $ 7.3 million as of June 30 , 2026 , and we expect that support to remain available as we execute this plan . We think that context matters , and we would rather state it plainly than have shareholders infer otherwise from the balance sheet alone . We know we have work to do to translate this technology into consistent , profitable growth . Our priorities for the balance of 2026 are straightforward : increase sales with our largest customers , prioritize our most profitable product lines , reduce operating expenses without compromising delivery , and continue strengthening the balance sheet . We look forward to presenting at LD Micro in October and to expanding our investor communications from there . Thank you for your continued support . Shai Lustgarten Chairman and Chief Executive Officer Second Quarter and Six - Month 2026 Financial Summary For the three months ended June 30 , 2026 , compared to the same period in 2025 :