Detroit, Mich., July 28, 2022 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (OTCPK: AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received an order for 8 ROSA safety robots from one of its distribution channel partners.
The 8 PINKS will be deployed to a new end user, a gated community in California. RAD’s ROSA has been well received for its autonomous ability to detect and deter break-ins and other property intrusions without the need for manned surveillance assistance.
“This dealer has provided RAD with nothing but multiple unit orders,” said Mark Folmer, RAD president. “This order is the size we expect when ROSA will be implemented to secure a large community or property. We see opportunities like this throughout our sales pipeline. At this rate, RAD is on track to post its best sales revenue quarter in history.”
RAD’s parent company, AITX, has submitted an application for listing on the OTCQB. Future announcements will be made regarding the status of the OTCQB application.
ROSE it’s a multiple award winnerA compact, self-contained, portable security and communication solution that can be deployed in about 15 minutes. Like other RAD solutions, it only requires power as it includes all necessary communications hardware. ROSA’s AI-powered security analytics include person and vehicle detection, license plate recognition, responsive digital signage and audio prompts, and full integration with RAD’s software suite’s autonomous response and notification library. Two-way communication is optimized for mobile, including live video from ROSA’s high-resolution, full-color, always-on dual cameras. RAD has published two case studies detailing how ROSA has helped eliminate instances of theft, break-ins and loitering in car rental places Y construction sites across the country.
Robotic Assistance Devices (RAD) is a high-tech startup offering robotics and artificial intelligence-based solutions that enable organizations to gain new insights, solve complex security challenges, and drive new business ideas at reduced costs. RAD developed its advanced security robot technology from the ground up, including circuit board design and code base development. This allows RAD to have complete control over all elements of design, performance, quality and user experience of all security robots, whether SCOT™ROSE™Wally™Wally H.S.O.™AVA™ROAMING™Cassie™or RAD Light My Way™. Read about how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifestoand request a copy of the recently published ‘Navigating the New Economy: Jobs and Automation, Challenges and Opportunities’.
PRECAUTIONARY DISCLOSURE ON FORWARD-LOOKING STATEMENTS
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this press release that are not statements of historical fact are “forward-looking statements” that are based on current expectations and assumptions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, without limitation, the following: Artificial Intelligence Technology Solutions’ ability to meet its obligations, to provide working capital needs from operating income, to obtain additional financing necessary for any future acquisitions, to meet competitive challenges and technological changes, to meet business and financial objectives, including projections and forecasts, and others risks. Artificial Intelligence Technology Solutions undertakes no obligation to update any forward-looking statement and/or confirm the statement(s) with actual results or changes in expectations of Artificial Intelligence Technology Solutions.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in delivering AI-powered solutions that enable organizations to gain new insights, solve complex challenges, and drive new business ideas. Through their next-generation robotics product offerings, AITX’s RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI and strengthen business. AITX technology enhances the simplicity and economy of surveillance and surveillance services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing personnel and gain higher levels of situational awareness, all at dramatically reduced cost. AITX solutions are suitable for use in multiple industries, such as business, government, transportation, critical infrastructure, education, and healthcare. For more information, visit aitx.ai, stevereinharz.com, www.radsecurity.es Y www.radlightmyway.comor follow Steve Reinharz on Twitter @SteveReinharz.
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steve reinharz
949-636-7060
@SteveReinharz