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    Brendan O'Neill

    Research Analyst at Ionic Ventures

    Brendan O'Neill's questions to REMARK HOLDINGS (MARK) leadership

    Brendan O'Neill's questions to REMARK HOLDINGS (MARK) leadership • Q2 2023

    Question

    Brendan O'Neill of Ionic Ventures inquired about the progress of non-China revenue streams, specifically asking for an update on the yellow school bus program with Netwatch and the go-to-market strategy for the new 311 product.

    Answer

    Chairman and CEO Kai-Shing Tao reported that discussions for the school bus program, potentially covering over 50,000 buses, are advancing with ongoing algorithm customization. Regarding the 311 product, Tao stated they are near the final approval stages with two major U.S. cities, one on each coast, and highlighted the urgency driving the adoption process.

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    Brendan O'Neill's questions to REMARK HOLDINGS (MARK) leadership • Q2 2023

    Question

    Brendan O'Neill of Ionic Ventures asked for an update on the development of non-China revenue streams, specifically inquiring about the yellow school bus program with Netwatch and the go-to-market strategy for the new 311 product.

    Answer

    Kai-Shing Tao, Chairman and CEO of Remark Holdings, reported that discussions for the school bus program are progressing toward outfitting over 50,000 buses and are enhanced by a related opportunity in Nevada with a large EV company. For the 311 product, Tao stated that Remark is near the finish line for deployment in two major U.S. cities, having passed one technology governance board and awaiting approval from another, highlighting the urgency of the solution.

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