And we’ve been sold by a number of different independent sources to include the regulators, union leaders and some of the Class 1 railroads themselves that our technology appears to be in a leading edge in terms of machine vision and artificial intelligence, but we should not be cocky about that. We’re always cognizant that we’re competing and we’re constantly doing research and development to improve what we have now, but also bring new subsystems to bear as a part of that rail inspection solutions. I think those are probably the largest questions that we’ll answer. I appreciate some of the others, but I’ll stop there. It looks like we may have another question coming in.
Operator: Our next question is from Ed Woo with Ascendiant Capital. Please proceed with your question.
Edward Woo: Yeah. Congratulations on the quarter and the year. My question is, there’s a lot of emphasis on train safety in the U.S. Have you seen that in other parts of the world, especially Canada and Mexico where you do business and maybe outside of North America?
Chuck Ferry: No. Thanks, Ed. It’s a great question. The answer is yes. Certainly, in Canada, Transport Canada or TC is the equivalent of the Federal Rail Administration in Canada has an equally rigorous set of regulations at the FRA currently has. And they work closely with the FRA to cross talk on those regulations as many of the trains that are in the United States travel into Canada and vice versa. I know the two Canadian freight railroads are extremely focused on safety. They have a particular challenge where the Canadian winners are equally even more challenging up in Canada. And those freight railroads, those Class 1 railroads go to great lengths (ph) to publish winter safety plans along with their normal safety plans.
So — and we have at least five of our systems are currently supporting one of our Class 1 Canadian customers up in Canada in those conditions. Equally in Mexico, we service both of the large railroads, one of them being a Class 1, that hauls large quantities of commerce from Mexico by railcar into the United States. Safety is again, first and foremost in their minds both of those railroads also have to deal with special and unique challenge of the illegal immigration that unfortunately uses the rail — those railroads to move across the border. So both those railroads work very, very closely, obviously with Mexican officials south of the border, but also with United States customs and border protection as well as DHS. They work very closely and we assist in that.
Our technology allows the capability of providing information to those law enforcement officials to assist them in controlling our southern border.
Edward Woo: Great. Well, thanks for that answer, and I really wish you guys good luck. Thank you.
Chuck Ferry: I appreciate it. Thanks, Ed.
Operator: Thank you. At this time, this concludes our question-and-answer session. I’d now like to turn the call back over to Mr. Ferry for any closing remarks.
Chuck Ferry: Now again, we always appreciate our current and long-term shareholders joining us and supporting us. And can see a number of new shareholders that joined us and we appreciate your support. Thank you very much.
Operator: Before we conclude today’s call, I would like to provide Duos’ Safe Harbor statement that includes important cautions regarding forward-looking statements made during this call. This earnings call contains forward-looking statements within the meanings of the Private Securities Litigation Reform Act of 1995. Forward-looking terminology such as believes, expects, may, will, should, anticipates, plans and their opposites or similar expressions are intended to identify forward-looking statements. We caution you that these statements are not guarantees of future performance or events and are subject to a number of uncertainties, risks and other influences, many of which are beyond our control, which may influence the accuracy of the statements and the projections upon which the statements are based and could cause Duos Technologies Group’s Inc.
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 the item 1A in Duos Annual Report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may periodically be described in Duos filing with the SEC. Thank you for joining us today for Duos Technologies Group fourth quarter 2022 and full year conference call. You may now disconnect.
