Henderson, Nevada, July 30, 2021 — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), which provides AI-driven security and productivity solutions for enterprise clients, today announced that its wholly-owned subsidiary Robotic Assistance Devices Inc. (RAD) has received a three-unit ROSA180 order from one of northern California’s leading auto groups. Although not named, the company indicated that the end-user for this deployment had recently ordered six ROSA180 units to protect their dealership locations.
“This sort of repeat order is a great way to wrap up a great week at RAD,” said Steve Reinharz, CEO of RAD. “ROSA180 continues to outperform all expectations. In just the past few months, we’ve seen numerous follow-up orders as clients experience the incredible contributions RAD and RAD solutions make to their security profiles, at a fraction of the cost of manned alternatives.” Reinharz added that the client is expected to be named along with a full examination of the use case, previous security issues and results following RAD deployments as part of a case study that is being prepared for future release.
Separately, RAD announced an AITX Investor Open House and the launch announcement for RAD 3.0 on October 13, 2021, at the company’s Detroit headquarters. Applications to attend can be found here: RAD 3.0 Introduction and AITX Investor Open House – AITX – Artificial Intelligence Technology SolutionsFollow Steve Reinharz on Twitter @SteveReinharz for AITX updates. Follow @SteveReinharz
ROSA180 is a compact, self-contained, 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. ROSA180’s AI-driven security analytics include human and vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD’s software suite notification and response library. Two-way communication is optimized for cellular, including live video from ROSA180’s dual high-resolution, full-color, always-on cameras. RAD recently published a Case Study on how ROSA has helped eliminate instances of theft, trespassing and vagrancy at car rental locations in southern California.
Robotic Assistance Devices (RAD) is a high-tech start-up that delivers robotics and artificial intelligence-based solutions that empower organizations to gain new insight, solve complex security challenges, and fuel new business ideas at reduced costs. RAD developed its advanced security robot technology from the ground up including circuit board design, and base code development. This allows RAD to have complete control over all of design elements, performance, quality and the user’s experience of all security robots whether SCOT™, ROSA180™, Wally™, Wally HSO™, AVA™, or ROAMEO™. Read about how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifesto.
CAUTIONARY DISCLOSURE ABOUT 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 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 news release other than 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, but not limited to, the following: the ability of Artificial Intelligence Technology Solutions to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, to meet business and financial goals including projections and forecasts, and other risks. Artificial Intelligence Technology Solutions undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in Artificial Intelligence Technology Solutions expectations.
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 and RAD-M 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 staffs 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 and www.roboticassistancedevices.com, or follow Steve Reinharz on Twitter @SteveReinharz.
Investor Relations Contact
The Waypoint Refinery, LLC