AITX's Subsidiary Robotic Assistance Devices Receives The Company confirmed that this order has been received through one of RAD’s largest authorized dealers. Details of the transaction have not been released due to non-disclosure agreements.
“There’s a really good reason why RAD shipped its two-hundredth ROSA last week,” said Mark Folmer, RAD President. “The robot works as promised, it eliminates problems that weren’t going away by doing nothing, it costs dramatically less than a human alternative, and the marketplace has started to notice. We are thrilled with this multiple unit ROSA order from this prestigious college and expect great results from this deployment,” Folmer added.
The Company also announced that the devices will be managed by RAD’s forthcoming ‘incident management system’. This cloud-based application advances RAD's goal of replacing the security industry’s disparate and obsolete user software and is offered by RAD at no additional cost.
“This college deployment validates everything that RAD is doing,” said Steve Reinharz, CEO of AITX. “The ROSA devices will be positioned in active areas of the campus replacing outdated security systems, without the need for communications cabling. We also anticipate the eventual utilization of RAD Light My Way which will provide students and faculty an added level of personal safety and security,” Reinharz concluded.
The Company confirmed that more than a dozen universities and colleges are actively considering RAD Light My Way, along with multiple RAD devices per location. "We recently started promoting RAD Light My Way to colleges and facility management companies since its announcement late last year," said Craig Stachecki, Senior VP of Sales at RAD. "Our sales pipeline is full of great opportunities. The multiple awards that RAD Light My Way has recently earned certainly got these industry's attention."
RAD Light My Way recently won 2 Secure Campus 2022 Awards from Campus Security & Life Safety Magazine. In October 2021 RAD Light My Way along with RAD's ROSA won CBRE’s 2021 Best Workplace Experience Solution Award.
RAD’s parent company AITX intends to file for listing on the OTCQB within 10 days of filing its YE2022 10-K.
https://www.globenewswire.com/news-release/2022/04/20/2425517/0/en/AITX-s-Subsidiary-Robotic-Assistance-Devices-Receives-Multiple-ROSA-Order-from-East-Coast-Private-College.html