TL;DR

• Transaction complete: Duos Technologies Group has completed the sale of its rail technology subsidiary, Duos Technologies, Inc., to Sandbank Acosta, LLC.     
• New chapter for DuosTI: The business will operate independently under the DuosTI brand, with Javier Acosta appointed President.
• Strategic focus: The sale enables Duos to concentrate its resources on AI infrastructure and communications hub platforms. 

Duos Technologies Group (Nasdaq: DUOT), through its former subsidiary Duos Technologies, Inc. (DTI), has completed the sale of the rail technology business to Sandbank Acosta, LLC. Following the transaction, the company will operate independently under the DuosTI brand, with Javier Acosta serving as President.

“I had the privilege of leading the commercialization and field deployment of the Railcar Inspection Portal across the United States, Canada and Mexico, and I am honored to return to lead this exceptional team into its next chapter,” said Javier Acosta, President of DTI. “As DuosTI, we return to our roots as a focused railroad technology company. With the largest installed base of inspection portals in North America, a deep patent portfolio and an unmatched image database, we are well positioned to expand the reach of our inspection services for our railroad customers and the broader industry.”

Acosta succeeds Adrian Goldfarb, who stepped down as President of DTI after overseeing the business and divestiture process since March 2026. The leadership transition supports DuosTI’s move into its next chapter as an independent company focused on the rail technology market.

“DTI built the technology that put Duos on the map, and its Railcar Inspection Portals remain the standard for AI-driven train inspection in North America,” said Doug Recker, Chief Executive Officer of the Company. “This transaction completes the strategic repositioning we announced earlier this year, placing the rail business with owners who are singularly focused on its growth while allowing Duos to dedicate its full capital and management attention to scaling our Edge Data Center and AI infrastructure platforms. We wish Javier and the DuosTI team every success and look forward to supporting a smooth transition.

To learn more about Duos Technologies Group, visit duostechnologies.com.

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