AITX Subsidiary Robotic Assist Devices Conclude GSX

Detroit, Michigan, Sept. 15, 2022 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD) has received pre-order commitments for thirty of the company’s recently announced RIOs.solar-powered portable security solution.

RIO (ROSA Iindependent Observatory) continues production of RAD’s best-selling and multi-award-winning security robot, known as ROSA. RIO consists of a single ROSA 3.1 unit mounted on a portable solar-powered trailer, with the option of adding a second ROSA unit.

“Ahead of RIO’s official announcement earlier this week at GSX, we launched a pre-order program exclusively for our authorized resellers and select customers,” said Mark Folmer, President of RAD. “The response to RIO prior to GSX has been impressive, but once our dealers and their customers saw RIO up close at the show, it became abundantly clear that interest in RIO would exceed our expectations. Customers were pleasantly surprised to learn that RIO included such advanced features and at a much lower price than they would usually pay.

RAD exhibited at GSX 2022 in Atlanta which ended on Wednesday. RIO, several ROSA and AVA were exhibited at the security industry show.

“RIO has quickly become RAD’s most successful product announcement to date,” said Steve Reinharz, CEO of AITX and RAD. “It all adds up with RIO, it’s a lower cost alternative to inferior legacy solutions. I expect RIO to help post impressive recurring revenue numbers for the company. We have a winner in RIO,” concluded Reinharz.

“The response has been so strong at GSX that we have decided to extend the RIO pre-order program until September,” added Folmer. “This extension will give many of the new resellers and end users we met this week time to take advantage of the additional incentives of the RIO pre-order program.”

RIO was designed with portability and round-the-clock performance in mind. RIO is completely self-contained and self-sufficient. All the components needed to provide security and surveillance day and night are included with RIO. All networking hardware and software is provided, including RAD’s “optimized cellular” connectivity. At its base is a sturdy portable trailer positioning the unit’s two solar panels and housing the device’s high-performance batteries and control systems. RIO’s retractable mast extends nearly 20′ where a single ROSA is mounted, providing a conveniently positioned 180° field of view with its two high-resolution PTZ cameras. To achieve a 360° field of view, a ROSA-Expander unit is also available.

RAD plans to make additional announcements from newly signed authorized resellers and additional sales updates in the immediate future.

RAD’s parent company, AITX, has applied for OTCQB listing. Future announcements will be made regarding the status of the OTCQB application.

ROSA is a multi-award winning, compact, self-contained, portable security and communications solution that can be deployed in approximately 15 minutes. Like other RAD solutions, a standalone ROSA only requires power, which is supplied when configured with RIO, as it includes all necessary communication hardware. ROSA’s AI-powered security analytics include person, gun, vehicle detection, license plate recognition, responsive digital signage and audio messaging, as well as full integration with the RAD software suite notification and self-contained response library. Two-way communication is optimized for cellular, including live video from ROSA’s two high-resolution, color, always-on cameras. RAD has released two case studies detailing how ROSA has helped eliminate instances of theft, trespassing and vagrancy at rental car agencies and construction sites across the country.

Robotic Assistance Devices (RAD) is a high-tech start-up that provides robotics and artificial intelligence-based solutions that enable organizations to gain new knowledge, solve complex security problems and fuel new new business ideas at reduced costs. RAD has developed its advanced security robot technology from the ground up, including PCB design and basic code development. This allows RAD to have full control over all design elements, performance, quality and user experience of all security robots, which SCOTPINKWallyWally ASSAVROAMEOBROKENRioor RAD Light My Way. Learn how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifesto and requesting a copy of the recently released “Navigating the New Economy: Jobs & Automation, Challenges & Opportunities” document.

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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 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: Artificial Intelligence Technology Solutions to meet its obligations, to provide working capital requirements from operating revenues, to obtain additional financing necessary for any future acquisition, to meet competitive challenges and technological changes, to achieve business objectives and financial, including projections and forecasts, and other risks. Nothing contained in this press release should be construed as any indication of future stock price, earnings or results of operations of the Company. Further, the industry data provided herein does not have any predictive value regarding the future sale of the Company’s products. Artificial Intelligence Technology Solutions assumes no obligation to update any forward-looking statements and/or confirm the statement(s) with respect to actual results or changes in Artificial Intelligence Technology Solutions’ expectations.

About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in delivering artificial intelligence-based solutions that empower organizations to gain new insights, solve complex challenges, and fuel new business ideas. Through its next-generation robotics product offerings, AITX’s RAD, RAD-M, and RAD-G companies help organizations streamline operations, increase return on investment, and strengthen their business. AITX technology improves the simplicity and economy of patrol and guard services and allows experienced personnel to focus on more strategic tasks. Customers increase the capabilities of existing personnel and gain higher levels of situational awareness, all at a significantly reduced cost. AITX solutions are well suited for use in multiple industries such as enterprise, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit www.aitx.ai, stevereinharz.com, www.radsecurity.com and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.

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Steve Reinharz
949-636-7060
@SteveReinharz

  • Artificial Intelligence Technology Solutions, Inc.


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