Danelon Brings Two Decades of Leadership and Operational Expertise to Drive RAD-R’s Residential Security Expansion
Detroit, Michigan, January 8, 2025 — Artificial Intelligence Technology Solutions, Inc. (the “Company”), a global leader in AI-driven security and productivity solutions, is pleased to announce that its subsidiary, Robotic Assistance Devices Residential, Inc. (RAD-R), has appointed Steve Danelon as President of RAD-R. This key appointment underscores RAD-R’s commitment to redefining residential security with innovative, AI-driven solutions like the recently launched RADCam™.
Steve Danelon brings with him an illustrious 30-year career in the security industry, including 22 years of leadership with Allied Universal, where he oversaw Canadian sales and operations. Following his tenure at Allied Universal, Steve founded Fortress Solutions, a boutique residential security company that further honed his expertise in protecting homes and families. Danelon has been an avid supporter of AITX’s transformative journey and has eagerly followed its evolution in the security technology sector.
“Steve’s extensive industry experience, proven leadership, and entrepreneurial mindset make him the perfect leader to take RAD-R to new heights,” said Steve Reinharz, CEO and CTO of AITX and RAD-R. “Having a leader of Steve’s caliber strengthens our ability to deliver groundbreaking residential security solutions, and I’m thrilled to welcome him to the AITX and RAD family.”
Danelon’s decision to join RAD-R was influenced by his firsthand experience with RAD’s technology, particularly the RADCam, which he sees as a game-changer for the residential security market. His compensation package reflects RAD-R’s focus on performance and results, aligning his success with the Company’s goals. This strategic alignment ensures RAD-R is positioned to lead the industry in innovative and accessible AI-powered residential security solutions.
“I’m honored to join RAD-R and excited to contribute to its mission of transforming residential security,” said Steve Danelon. “The technology that RAD has developed, particularly within RADCam, is unlike anything I’ve seen in my career. I’m confident we’ll deliver unparalleled solutions to homeowners and redefine the standard for residential security.”
RAD-R, a wholly owned subsidiary of AITX, focuses on delivering advanced AI-based solutions to the residential market, including the revolutionary RADCam. Unlike traditional residential security products, RAD-R’s solutions emphasize meaningful interactions, proactive response, and a reimagined approach to home safety.
RADCam is now available for purchase on Amazon, Walmart.com, as well as directly through www.radcam.ai. Discover how this groundbreaking technology can redefine security and convenience for your home or property.
AITX, through its primary subsidiary, Robotic Assistance Devices, Inc. (RAD-I), is redefining the nearly $50 billion (US) security and guarding services industry[i] through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD-I solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry’s existing and costly manned security guarding and monitoring model. RAD-I delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
RAD-I has a prospective sales pipeline of dozens of Fortune 500 companies and numerous other client opportunities. RAD-I expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX’s RAD-I, RAD-R, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit www.aitx.ai, www.radsecurity.com, www.radcam.ai, www.stevereinharz.com, www.radgroup.ai, www.raddog.ai, and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
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The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the “Company”). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the “Company”). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.
CERTAIN ILLUSTRATIVE FINANCIAL PROJECTIONS
Forward-Looking Statements
The financial projections of Artificial Intelligence Technology Solutions, Inc. (the “Company”) (the “Projections”) set forth below constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements or industry standards may differ materially from those expressed or implied in such forward-looking statements. The forward-looking statements contained in the Projections are subject to trends and uncertainties. The forward-looking statements in the Projections are not guarantees of future results and are subject to risks that could cause actual results to differ materially and adversely from those expressed in any forward-looking statements. As such, you are cautioned not to place undue reliance on such forward-looking statements. The Company is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements whether as a result of new information, future events or otherwise. All forward-looking included below are qualified in their entirety by this cautionary statement and the statements under “Important Information” below.
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The Projections should not be regarded as an indication that any of the Company or its affiliates or management considered to be predictive of actual future events. Actual results will likely vary from the Projections, and such variations may be material. Neither the Company nor its affiliates or management can give you any assurance that actual results will not differ materially from the Projections. The Projections should be read together with the Company’s historical financial statements, which may be accessed at www.sec.gov.
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Steve Reinharz
949-636-7060
@SteveReinharz