Remark Holdings MARK Stock News

Remark Holdings Inc (NASDAQ: MARK) is making a run for the top in the market this morning, trading on gains of well over 10% early on. The gains come after the company announced that it has launched a website on the domain, RemarkThermal.com. The announcement comes as excitement surrounding the company’s Ai thermal imaging product continues to spread. Here’s what’s going on:

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MARK Stock Heads Up On Website Launch

In the press release, Remark Holdings said that it launched a new website at RemarkThermal.com. The website surrounds the company’s AI thermal imaging products.

The products were designed to scan high traffic areas in order to detect consumers with higher than acceptable skin temperatures. Once high temperatures are found, the system tracks the consumer for secondary screening.

Importantly, MARK reminded investors that all of its thermal imaging products are customizable and can operate as a standalone technology or part of an ecosystem. As such, the products are designed to meet the needs of customers of all sizes.

Nonetheless, the new website launch gives potential customers and investors a better view of what the company’s AI-based thermal imaging technology is capable of. In a statement, Kai-Shing Tao, Chairman and CEO at MARK, had the following to offer:

Interest in our thermal imaging and scanning solutions is robust across many industries and we believe that enthusiasm warrants a dedicated site for information about our novel solutions. What differentiates Remark’s thermal cameras are its capabilities beyond thermal temperature scanning. Our proprietary AI software enables monitoring various tasks including people counting, PPE enforcement such as mask wearing, social distancing compliance, contactless access to doors and gates, attendance management, touchless employee check in, object counts, behavior detection, intelligent surveillance and theft control.

Why This News Is So Important

When it comes to Remark Holdings, it’s important that investors have an understanding for what this technology is capable of. In the face of the COVID-19 pandemic, this technology can provide large-scale first level screening to help reduce the spread of the virus. As such, it’s likely to be in very high demand.

The new Remark Thermal website will help to spread the word about the power of this technology to help slow the spread of COVID-19, which will likely lead to further demand.

Keep in mind that there’s a good chance that Walmart will take advantage of the technology. However, there is a long list of big companies and facilities that can benefit. To learn more, click here.

Nonetheless, if you’re not paying attention to MARK stock yet, you’re likely missing out!

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