Henderson, Nevada, May 24, 2021 — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received multiple new orders for the popular ROSA and Wally units. The company reports that 7 ROSA units and 2 Wally units have been ordered since the last announcement.
Although not named due to confidentiality agreements, the company indicated that the 2 Wally units will be deployed in Europe and have been ordered by an existing client expanding their European count to 3 Wally devices. The 4 ROSAs are also repeat orders from one of RAD’s existing end-users in the construction industry. The remaining 3 ROSA units ordered are being deployed to a large retail shopping center and sold through a recently signed RAD authorized dealer.
RAD also reports 2 additional authorized dealers were recently signed, Pro Security Group servicing central and eastern Texas, plus one additional dealer servicing all of Canada. “RAD continues to attract and sign great new dealers,” said Mark Folmer, COO of RAD. “The addition of these two dealers continues RAD’s penetration into new territories and specialty markets. The more we keep adding new products and functionality to the line, the more the dealers and end-users want RAD,” Folmer concluded.
“We are so glad to see that our order volume is keeping pace with our manufacturing capacity. We’re gearing up for tremendous things with our new REX facility in Detroit and it will be humming,” said Steve Reinharz, Founder and President of RAD. “Six of these nine units are repeat orders, which means our dealers and end-users are absolutely experiencing the benefits and cost savings that RAD solutions deliver,” Reinharz added.
Wally (named as a Wall Mounted version of SCOT) is a welcome complement to front desk reception, lobby concierge services, and guarding personnel. Wally is capable of performing employee and visitor check-ins and clearances with access controls. Wally monitors the surrounding area through its dual hi-resolution, full-color digital cameras providing a wide 180° field of view.
ROSA (Responsive Observation Security Agent) is a compact, self-contained, security and communication solution that can be deployed in as little as 15 minutes. Its AI-driven security systems 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 ROSA’s dual high-resolution, full-color, always-on cameras. RAD has recently published two case studies describing how ROSA has helped eliminate instances of trespassing, theft, and vagrancy at construction sites across Florida and car rental locations in southern California.
Follow Steve Reinharz on Twitter @SteveReinharz for future RAD and AITX updates.
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.
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Investor Relations Contact
The Waypoint Refinery, LLC
845-397-2956
www.thewaypointrefinery.com
Steve Reinharz
949-636-7060
@SteveReinharz
