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Innovative Control Systems Introduces New AI-Powered License-Plate Recognition Solution

1. ICS launches AI-powered license-plate recognition solution for vehicle washes. 2. The AI-LPR provides 99.9% recognition without costly hardware updates. 3. Enhanced efficiency and customer satisfaction are key features of AI-LPR. 4. Automated processes improve user experience for car wash club members. 5. Dover's diverse operations include innovative solutions in vehicle wash technology.

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FAQ

Why Bullish?

The successful launch of the AI-LPR could boost sales and enhance DOV's market share.

How important is it?

The introduction of innovative technology can lead to significant operational efficiencies, improving DOV's competitive edge.

Why Long Term?

As the technology gains traction, it may become integral to vehicle wash operations, ensuring sustained impact.

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, /PRNewswire/ -- Innovative Control Systems® (ICS), a brand of OPW Vehicle Wash Solutions and part of Dover (NYSE: DOV), today announced the introduction and availability of its AI-powered license-plate recognition (LPR) solution. The new AI-LPR is an upgrade to the existing ICS Auto Passport LPR product, which simplifies license-plate recognition for vehicle wash club members through a seamless, contactless enrollment process that enhances operational efficiency and customer satisfaction. Through machine-learning capabilities, the upgraded AI-LPR solution offers up to 99.9% accurate license plate recognition without costly camera hardware or system upgrades. "The goal when implementing any new vehicle wash payment technology is to ensure that it has real-world benefits for wash operators and their customers," said Kevin Ahnert, General Manager at ICS. "The built-in capabilities of the new AI-LPR technology are truly milestones in the industry, and we are confident that customers using this next generation technology will be able to quickly, easily and safely optimize the overall wash experience for wash-club members." The Auto Passport LPR system offers many benefits for vehicle wash operators, including cutting-edge machine-learning technology, automated club-member signup and transaction processing, an optimized vehicle wash experience with no attendant involvement needed and the ability to track club members' usage patterns aimed at better understanding buying and washing habits. For more information about OPW Vehicle Wash Solutions and ICS, please visit www.opwvws.com. About Innovative Control Systems:Founded in 1988, for more than 35 years Innovative Control Systems (ICS), Bethlehem, PA, has been obsessed with its customers' success and a standard-setting innovator in the development of payment terminals, process controls, software-management systems and equipment automation for the vehicle wash industry. In 2021, ICS was acquired by OPW, a Dover company, and made a member of the OPW Vehicle Wash Solutions business unit. For more information on Innovative Control Systems, please visit icscarwashsystems.com. About OPW Vehicle Wash Solutions:OPW Vehicle Wash Solutions comprises PDQ Manufacturing, Inc., Belanger, Inc., Innovative Control Systems (ICS), Kesseltronics and Transchem. PDQ is a preeminent provider of in-bay automatic wash systems and payment terminals, while Belanger is an innovative leader in soft-touch tunnel and in-bay automatic wash systems. ICS provides industry-leading car wash technology, like payment terminals, process controls and software management and automation systems, and Kesseltronics designs machine controls for successful tunnel wash operation. Transchem is a leading developer of environmentally sensitive vehicle wash chemicals and cleaning products. Together, they create a revolutionary single source for all vehicle wash needs. For more information on OPW Vehicle Wash Solutions, please visit opwvws.com. About Dover:Dover is a diversified global manufacturer and solutions provider with annual revenue of over $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 70 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com. OPW Vehicle Wash Solutions Contact:Brittany Eppley(330) 212-1690[email protected]  Dover Media Contact:Adrian Sakowicz, VP, Communications    (630) 743-5039    [email protected]      Dover Investor Contact:Jack Dickens, VP, Investor Relations(630) 743-2566jdickens@dovercorp.com SOURCE Dover WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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