Maris is sponsoring the conference and will be exhibiting innovative solutions for autonomous remote platforms

Rehovot, Israel, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (NASDAQ:MTEK) ("Maris-Tech" or the "Company"), a B2B provider of edge AI accelerated video solutions for edge platforms, today announced its participation in the upcoming Institute for Defense and Government Advancement (IDGA) Counter-UAS Summit in Old Town Alexandria, Virginia (from August 15 to 16, 2023). The Company is sponsoring the event and will be demonstrating innovative, sophisticated technologies for the growing counter-unmanned aerial systems (CUAS) market.

The Counter-UAS Summit is an important event for decision-makers in the field, focusing on evolving trends, challenges and threats presented by [unmanned aircraft systems?] (UAS) on the battlefield, against critical infrastructures, and in the urban environment, and highlighting the growing need for integrated emerging technologies. Maris-Tech will be showcasing its powerful AI-based video analytics technology, enabling real-time, high-quality, and accurate video ‎and AI processing at the edge for object detection, classification, and tracking.‎

"We are looking forward to sponsoring this important conference and the opportunity to demonstrate Maris-Tech's Edge-AI computing and video streaming solutions for integration on autonomous remote platforms, further strengthening our position in this critical and developing market," said Israel Bar, Chief Executive Officer of Maris-Tech.

Forward-Looking Statement Disclaimer

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the "safe harbor" created by those sections. For example, we are using forward-looking statements when discussing our participation in the Counter-UAS Summit and the implication that such participation will benefit our business. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect"," "may", "should," "could," "seek, " "intend, " "plan, " "goal, " "estimate, " "anticipate" or other comparable terms. For example, we are using forward-looking statements when we are discussing future sales of our products in Turkey and our international expansion. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated 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 outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully market our products and services, including in the United States; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in the Annual Report 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, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Investor Relations:

Nir Bussy, CFO

Tel: +972-72-2424022

Nir@maris-tech.com