<SEC-DOCUMENT>0001553350-19-000092.txt : 20190131
<SEC-HEADER>0001553350-19-000092.hdr.sgml : 20190131
<ACCEPTANCE-DATETIME>20190131101457
ACCESSION NUMBER:		0001553350-19-000092
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20190129
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20190131
DATE AS OF CHANGE:		20190131

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DUOS TECHNOLOGIES GROUP, INC.
		CENTRAL INDEX KEY:			0001396536
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				650493217
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-55497
		FILM NUMBER:		19553993

	BUSINESS ADDRESS:	
		STREET 1:		6622 SOUTHPOINT DRIVE S
		STREET 2:		SUITE 310
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32216
		BUSINESS PHONE:		904-296-2807

	MAIL ADDRESS:	
		STREET 1:		6622 SOUTHPOINT DRIVE S
		STREET 2:		SUITE 310
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32216

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DUOS TECHNOLOGY GROUP, INC.
		DATE OF NAME CHANGE:	20150710

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INFORMATION SYSTEMS ASSOCIATES, INC.
		DATE OF NAME CHANGE:	20070416
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>duot_8k.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
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<HEAD>
<TITLE>Current Report</TITLE>
<META NAME="author" CONTENT="Edgar">
<META NAME="date" CONTENT="01/19/2018">
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<BODY style="margin-top:0;font-family:Times New Roman; font-size:10pt; color:#000000">
<P style="margin-top:0px; margin-bottom:8.867px">&nbsp;</P>
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<P style="line-height:1pt; margin:0px; font-size:12pt" align=center><B>&nbsp;</B></P>
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<P style="margin:0px; font-size:12pt" align=center><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin:0px" align=center><B>Washington, D.C. 20549</B></P>
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<P style="margin:0px" align=center>&#151;&#151;&#151;&#151;&#151;&#151;</P>
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<P style="margin:0px; font-size:12pt" align=center><B>FORM 8-K</B></P>
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<P style="margin:0px" align=center><B>CURRENT REPORT</B></P>
<P style="line-height:8pt; margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B></P>
<P style="line-height:8pt; margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>Date of Report (Date of earliest event reported): &nbsp;January 29, 2019</B></P>
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<P style="margin:0px" align=center>&#151;&#151;&#151;&#151;&#151;&#151;</P>
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<P style="margin:0px; font-size:16pt" align=center><B>Duos Technologies Group, Inc.</B></P>
<P style="margin:0px; font-size:8pt" align=center><I>(Exact name of registrant as specified in its charter)</I></P>
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<P style="margin:0px" align=center>&#151;&#151;&#151;&#151;&#151;&#151;</P>
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<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=208.133 /><TD width=207.933 /><TD width=207.933 /></TR>
<TR><TD style="margin-top:0px" valign=top width=208.133><P style="margin:0px" align=center><B>Florida</B></P>
</TD><TD style="margin-top:0px" valign=top width=207.933><P style="margin:0px" align=center><B>000-55497</B></P>
</TD><TD style="margin-top:0px" valign=top width=207.933><P style="margin:0px" align=center><B>65-0493217</B></P>
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<TR><TD style="margin-top:0px" valign=top width=208.133><P style="margin:0px; font-size:8pt" align=center><I>(State or Other Jurisdiction</I></P>
</TD><TD style="margin-top:0px" valign=top width=207.933><P style="margin:0px; font-size:8pt" align=center><I>(Commission</I></P>
</TD><TD style="margin-top:0px" valign=top width=207.933><P style="margin:0px; font-size:8pt" align=center><I>(I.R.S. Employer</I></P>
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<TR><TD style="margin-top:0px" valign=top width=208.133><P style="margin:0px; font-size:8pt" align=center><I>of Incorporation)</I></P>
</TD><TD style="margin-top:0px" valign=top width=207.933><P style="margin:0px; font-size:8pt" align=center><I>File Number)</I></P>
</TD><TD style="margin-top:0px" valign=top width=207.933><P style="margin:0px; font-size:8pt" align=center><I>Identification No.)</I></P>
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<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>6622 Southpoint Drive S., Suite 310</B></P>
<P style="margin:0px" align=center><B>Jacksonville, Florida 32216</B></P>
<P style="margin:0px; font-size:8pt" align=center><I>(Address of Principal Executive Office) (Zip Code)</I></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>(904) 652-1601</B></P>
<P style="margin:0px; font-size:8pt" align=center><I>(Registrant&#146;s telephone number, including area code)</I></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><I>____________________________________________________</I></P>
<P style="margin:0px; font-size:8pt" align=center><I>(Former Name or Address, if Changed Since Last Report)</I></P>
<P style="margin-top:8.867px; margin-bottom:0px" align=justify>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>
<P style="margin-top:8.867px; margin-bottom:0px; font-family:Wingdings" align=justify>&#168;<FONT style="font-family:Times New Roman"> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></P>
<P style="margin-top:8.867px; margin-bottom:0px; font-family:Wingdings" align=justify>&#168;<FONT style="font-family:Times New Roman"> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></P>
<P style="margin-top:8.867px; margin-bottom:0px; font-family:Wingdings" align=justify>&#168;<FONT style="font-family:Times New Roman"> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></P>
<P style="margin-top:8.867px; margin-bottom:0px; font-family:Wingdings" align=justify>&#168;<FONT style="font-family:Times New Roman"> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></P>
<P style="line-height:6pt; margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify>Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify>Emerging growth company &nbsp;<FONT style="font-family:Wingdings">&#168;</FONT></P>
<P style="line-height:6pt; margin:0px"><BR></P>
<P style="margin:0px" align=justify>If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&nbsp;<FONT style="font-family:Wingdings">&#168;</FONT></P>
<P style="margin-top:0px; margin-bottom:2.2px; padding-bottom:4px; border-bottom:1.333px solid #000000">&nbsp;</P>
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<P style="margin:0px"><BR></P>
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<BR></P>
<P style="margin-top:0px; margin-bottom:8.867px" align=center><BR></P>
<P style="margin-top:0px; margin-bottom:8.867px"><BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
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<P style="margin-top:0px; margin-bottom:8.867px"><BR></P>
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<P style="margin:0px" align=justify><B>Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</B></P>
<P style="line-height:11pt; margin:0px">&nbsp;</P>
<P style="line-height:11pt; margin:0px" align=justify><I>Appointment of Mr. Kenneth Ehrman</I></P>
<P style="line-height:11pt; margin:0px" align=justify><BR></P>
<P style="line-height:11pt; margin:0px" align=justify>On January 29, 2019, the Board of Directors (the <font style='font-family:Arial Unicode MS,Times New Roman'>&#8220;</font>Board&#148;) of Duos Technologies Group, Inc., a Florida corporation (the &#147;Company&#148;), appointed Mr. Kenneth Ehrman as a member of the Board and will serve as Chairman of its Compensation Committee and Nominating Committee. Below is a description of Mr. Ehrman&#146;s professional work experience. </P>
<P style="line-height:11pt; margin:0px"><BR></P>
<P style="line-height:11pt; margin:0px"><I>Kenneth Ehrman, Age 49 Director and Chairman of the Compensation Committee and Nominating Committee</I></P>
<P style="line-height:11pt; margin:0px"><BR></P>
<P style="line-height:11pt; margin:0px" align=justify>Mr. Kenneth Ehrman currently serves as an independent consultant to several high-technology companies in supply chain/logistics and transportation. Mr. Ehrman advises technology companies focused on solutions for these industries and joins the Company with a strong background in technology. &nbsp;As an innovator in intelligent machine-to-machine (&#147;M2M&#148;) wireless technology and industrial applications of the Internet of Things (&#147;IoT&#148;), Mr. Ehrman has been awarded more than 20 patents in wireless communications, mobile data, asset tracking, power management, cargo and impact sensing, and connected car technology. Mr. Ehrman previously served as Chief Executive Officer of I.D. Systems, Inc. (&#147;IDS&#148;), a company he founded in 1993 as a Stanford University engineering student, pioneering the commercial use of radio frequency identification (&#147;RFID&#148;) technology for industrial asset management. &nbsp;Under Mr. Ehrman&#146;s leadership, IDS began trading on the NASDAQ in 1999 and was named one of North America&#146;s fastest growing technology companies by Deloitte in 2005, 2006, and 2012. &nbsp;During his tenure at IDS, Mr. Ehrman received multiple awards, including Deloitte Entrepreneur of the Year and Ground Support Worldwide Engineer/Innovator Leader. &nbsp;He also served on the Board of Financial Services, Inc. from 2012-2016 before it was successfully sold to a large financial software company.</P>
<P style="line-height:11pt; margin:0px" align=justify><BR></P>
<P style="line-height:11pt; margin:0px" align=justify>The Board believes that Mr. Ehrman&#146;s management experience, engineering expertise and long history and familiarity with industries the Company currently operates in, makes him ideally qualified to help lead the Company towards continued growth.</P>
<P style="line-height:11pt; margin:0px" align=justify><BR></P>
<P style="line-height:11pt; margin:0px"><I>Family Relationships </I></P>
<P style="line-height:11pt; margin:0px"><BR></P>
<P style="line-height:11pt; margin:0px">Mr. Ehrman does not have a family relationship with any of the current officers or directors of the Company.</P>
<P style="line-height:11pt; margin:0px"><BR></P>
<P style="line-height:11pt; margin:0px"><I>Related Party Transactions</I></P>
<P style="line-height:11pt; margin:0px"><BR></P>
<P style="line-height:11pt; margin:0px">There are no related party transactions with regard to Mr. Ehrman reportable under Item 404(a) of Regulation S-K.</P>
<P style="line-height:11pt; margin:0px"><BR></P>
<P style="line-height:11pt; margin:0px"><I>Compensatory Arrangements</I></P>
<P style="line-height:11pt; margin:0px"><BR></P>
<P style="line-height:11pt; margin:0px" align=justify>In 2019, as an independent director of the Board, Mr. Ehrman is entitled to receive $15,000 per annum in compensation for his services. Additionally, in 2019 as Chairman of the Compensation Committee, Mr. Ehrman is entitled to receive an additional $5,000 per annum in compensation for his services.</P>
<P style="line-height:11pt; margin:0px" align=justify><BR></P>
<P style="line-height:11pt; margin:0px" align=justify>On January 31, 2019, the Company issued a press release announcing the appointment of Mr. Ehrman as a member of the Board and Chairman of the Compensation Committee and Nominating Committee. A copy of the press release is filed to as Exhibit 99.1 and is incorporated herein by reference.</P>
<P style="line-height:11pt; margin:0px" align=justify><BR></P>
<P style="line-height:11pt; margin:0px" align=justify><B>Item 9.01. Financial Statements and Exhibits.</B>&nbsp;</P>
<P style="line-height:11pt; margin:0px" align=justify>&nbsp;</P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=24 /><TD width=599.6 /></TR>
<TR><TD style="margin-top:0px" valign=top width=24><P style="line-height:11pt; margin:0px">(d)</P>
</TD><TD style="margin-top:0px" valign=top width=599.6><P style="line-height:11pt; margin:0px"><I>Exhibits.</I></P>
</TD></TR>
</TABLE>
<P style="line-height:11pt; margin:0px">&nbsp;</P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD width=49.867 /><TD width=6.267 /><TD /></TR>
<TR><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=49.867><P style="margin:0px; font-size:8pt"><B>Exhibit Number</B></P>
</TD><TD style="margin-top:0px" valign=bottom width=6.267><P style="margin:0px; font-size:8pt"><B>&nbsp;</B></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom><P style="margin:0px; font-size:8pt"><B>Description</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#CCFFCC" valign=top width=49.867><P style="margin:0px">99.1*</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=bottom width=6.267><P style="margin:0px">&nbsp;</P>
</TD><TD style="margin-top:0px; background-color:#CCFFCC" valign=top><P style="margin:0px; color:#0000FF"><A HREF="duot_ex99z1.htm"><U>Press Release, dated January 31, 2019</U></A><U></U></P>
</TD></TR>
</TABLE>
<P style="margin:0px" align=justify>&nbsp;</P>
<P style="margin:0px" align=justify>* <I>filed herewith</I></P>
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<BR></P>
<P style="margin-top:0px; margin-bottom:8.867px" align=center>2</P>
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<P style="margin-top:0px; margin-bottom:8.867px"><BR></P>
<P style="margin:0px" align=center><B>SIGNATURES</B></P>
<P style="margin-top:8.867px; margin-bottom:0px">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.</P>
<P style="margin-top:9.8px; margin-bottom:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 width=100%><TR height=0 style="font-size:0"><TD /><TD width=29.933 /><TD width=260.333 /></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD><TD style="margin-top:0px" valign=top width=290.267 colspan=2><P style="margin:0px"><B>DUOS TECHNOLOGIES GROUP, INC.</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=29.933><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=260.333><P style="margin:0px">&nbsp;&nbsp;</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=29.933><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=260.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px">Dated: January 31, 2019</P>
</TD><TD style="margin-top:0px" valign=top width=29.933><P style="margin:0px">By:&nbsp;&nbsp;</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=260.333><P style="margin:0px">/s/&nbsp;<I>Adrian Goldfarb</I></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=29.933><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=260.333 rowspan=2><P style="margin:0px">Adrian Goldfarb</P>
<P style="margin:0px">Chief Financial Officer</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=29.933><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
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<P style="margin-top:0px; margin-bottom:8.867px" align=center>3</P>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>duot_ex99z1.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
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<TITLE>Press Release</TITLE>
<META NAME="author" CONTENT="Jesse Fishman">
<META NAME="date" CONTENT="01/31/2019">
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<P style="margin-top:5.667px; margin-bottom:0px; padding-left:6.8px; font-family:Arial,Times New Roman; font-size:12pt" align=right><B>EXHIBIT 99.1</B></P>
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<P style="margin-top:5.667px; margin-bottom:0px; padding-left:6.8px" align=right><img src="duot_ex99z1001.jpg" alt="[duot_ex99z1001.jpg]" align=middle height=35.933 width=205></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:24.5pt" align=center><B>Duos Technologies Group Appoints Ken Ehrman to Its Board</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:14.5pt" align=center><B>Company&#146;s Board Strengthened with Experienced Public Company Executive</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt" align=justify>JACKSONVILLE, Fla., Jan. 31, 2019 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (&#147;Duos&#148; or the &#147;Company&#148;) (OTCQB: DUOT), has appointed Kenneth Ehrman to its Board of Directors as an Independent Director. Mr. Ehrman will also serve as head of the Compensation and Nominating Committees.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt" align=justify>After an extensive search, Mr. Ehrman was selected for his long experience as both a NASDAQ company CEO and as an innovator in intelligent technologies. Mr. Ehrman served on the Board of Financial Services, Inc. from 2012 &#150; 2016 before it was successfully sold to a large financial software company. Mr. Ehrman has also been awarded more than 20 patents including asset tracking, cargo and impact sensing and connected car technology.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt" align=justify>Mr. Ehrman currently works as an industry expert focusing on real-world applications of IoT and advances in technologies for industry, serving as an independent consultant to leading Fortune-100 companies. He advises companies focused on technology solutions predominantly in the logistics and transportation industries and serves as a mentor to executives in technology startups by utilizing the experience he gained while taking a Silicon Valley startup from inception through initial public offering. He also consults with companies to facilitate acquisitions including one of the largest purchases of an IoT company by a Fortune 100 buyer in 2018.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt" align=justify>&#147;We are thrilled to welcome Ken to our board of directors and I look forward to working closely with this outstanding industry leader,&#148; stated Gianni Arcaini the Company&#146;s Chairman and CEO. &#147;His expertise will particularly be a great addition to our growth plan which includes up-listing from OTCQB to a national exchange,&#148; stated Arcaini.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt" align=justify><B>About Duos Technologies Group, Inc.</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt" align=justify>Duos Technologies Group, Inc. (OTCQB: DUOT), based in Jacksonville, Florida, through its wholly owned subsidiary, Duos Technologies, Inc., provides advanced intelligent security and analytical technology solutions with a strong portfolio of intellectual property. The Company&#146;s core competencies include intelligent technologies that combine machine learning, artificial intelligence and advanced video analytics that are delivered through its proprietary integrated enterprise command and control centraco<FONT style="font-size:10pt"><SUP>&#174; </SUP></FONT>platform. The Company provides its broad range of technology solutions with an emphasis on mission critical security, inspection and operations within the rail transportation, retail, petrochemical, government, and banking sectors. Duos Technologies also offers professional and consulting services for large data centers. For more information, visit <FONT style="color:#0000FF"><U>www.duostech.com</U></FONT>.</P>
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<P style="margin:0px; font-family:Arial,Times New Roman; font-size:11pt; page-break-before:always">&nbsp;</P>
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<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt"><B><I>Forward Looking Statements</I></B></P>
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<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt" align=justify><I>This press release contains &#147;forward-looking statements&#148; within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking terminology such as &#147;believes,&#148; &#147;expects,&#148; &#147;may,&#148; &#147;will,&#148; &#147;should,&#148; &#147;anticipates,&#148; &#147;plans,&#148; or similar expressions or the negative of these terms and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, which could cause Duos Technologies Group, Inc.&#146;s actual results to differ materially from those anticipated by the forward-looking statements. These risks and uncertainties include, but are not limited to, those described in Item 1A in Duos&#146; Annual Report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may periodically be described in Duos&#146; filings with the SEC.</I></P>
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<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt"><B>Contacts: Duos Technologies Corporate</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt">Tracie Hutchins</P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt">Duos Technology Group, Inc. 904-652-1601</P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt; color:#0000FF" align=justify><U>tlh@duostech.com</U></P>
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<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt"><B>Investor Relations</B></P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt">Matt Glover or Tom Colton Liolios</P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt">949-574-3860</P>
<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt; color:#0000FF"><U>DUOT@liolios.com</U></P>
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<P style="margin:0px"><img src="duot_ex99z1002.jpg" alt="[duot_ex99z1002.jpg]" align=middle height=26.533 width=153></P>
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<P style="margin:0px; font-family:Arial,Times New Roman; font-size:12pt">Source: Duos Technologies Group, Inc.</P>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
