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Artificial Intelligence Technology Solutions Inc AITX

Artificial Intelligence Technology Solutions Inc. is engaged in the delivery of artificial intelligence (AI) and robotic solutions for operational, security, and monitoring needs. The Company is focused on applying advanced AI-driven technologies, paired with multi-use hardware, and supported by custom software and cloud services, to intelligently automate and integrate a range of high-frequency security, concierge, and operational tasks. It owns and operates three wholly owned subsidiaries, which are Robotic Assistance Devices, Inc. (RAD I), Robotic Assistance Devices Group, Inc. (RAD G) and Robotic Assistance Devices Mobile, Inc. (RAD M). RAD I owns the intellectual property related to RADSoC, RAD Mobile SOC, RADGuard, and their core operating architecture. RAD G is focused on the development of advanced software and electronics solutions. RAD M is focused on the development of autonomous mobile devices, both ground-based and airborne. Its solutions are suited to various industries.


OTCPK:AITX - Post by User

Post by AveragePennyon May 04, 2022 10:43am
50 Views
Post# 34654866

AITX's Subsidiary Robotic Assistance Devices Signs Global

AITX's Subsidiary Robotic Assistance Devices Signs Global

“RAD’s dealer network and pipeline continues to flow at an increasingly rapid pace,” said Mark Folmer, President of RAD. “Global Guardian sought out RAD on their mission to offer clients advanced and efficient guarding solutions. This indicates that our channel and end-users are eager to deploy technology that addresses their security issues and cuts costs.”

Global Guardian has a vast and unique client base spanning nearly every sector, including a mix of multi-unit residential and commercial accounts with a service area spanning every continent. Global Guardian has also built and operates in-country response teams in more than 125 countries, enabling the company to quickly respond to any emergency or crisis. The initial ROSA order will be utilized for their demonstration purposes to clients and prospects. Both companies indicated that additional opportunities are already in the pipeline for RAD devices.

"We are always trying to find new ways to provide our clients with first-in-class, cost effective solutions designed to protect their physical assets and people,” said Andrew Vanderburg, President of Asset Security at Global Guardian. “RAD has a remarkable line of autonomous response devices. And with the Rosa security robot, organizations we support will be equipped with another powerful tool to increase surveillance capabilities against break-ins, theft or unauthorized activity in real-time.”

“We’re pleased to welcome Global Guardian to the RAD dealer network,” said Steve Reinharz, CEO of AITX. “They’re a forward-looking organization with a fantastic customer base, and their global reach is very impressive,” Reinharz added.

With the addition of this new authorized dealer, RAD’s dealer network has expanded to 38, covering the US, Canada, and the European Union.

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/2022/05/04/2435711/0/en/AITX-s-Subsidiary-Robotic-Assistance-Devices-Signs-Global-Guardian-as-New-Dealer-Receives-ROSA-Order-with-Additional-Units-Expected.html

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