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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 Jun 03, 2022 11:15am
45 Views
Post# 34729623

AITX's Subsidiary Robotic Assistance Devices Signs USA

AITX's Subsidiary Robotic Assistance Devices Signs USA

Although not named due to non-disclosure agreements, the Company confirmed that the 2 ROSA security devices will be deployed at a large retail center located in downtown Minneapolis, Minnesota. The dual ROSAs are expected to audibly greet shoppers with welcoming messages and visuals while performing routine surveillance of the property’s entrances from the parking garages.

“RAD solutions are what the security industry needs right now,” said Chris Daniels, Director of Sales and Marketing at USA Security. “We expect to save this client close to $300,000 over the next three years - with just two ROSAs. Our clients want to save money while keeping their properties and guests safe and secure. We’re able to do that with RAD.”

“We welcome USA Security, another strong regional dealer that gets it,” said Mark Folmer, President of RAD. “Their first order is a textbook deployment for two ROSAs, we can expect great results from this great new dealer.”

“It’s wonderful to see security services dealers and their clients embracing what we’re doing,” said Steve Reinharz, CEO of AITX. “The current economic, employment and social conditions are driving companies to review everything they’re doing, including how they’re handing security. I look forward to providing solid solutions and value to USA Security and their clients,” Reinharz concluded.

With the addition of the new authorized dealer, RAD’s dealer network has expanded to 43, covering the US, Canada, the United Kingdom, and the European Union.

RAD’s parent company AITX has filed for uplisting to the OTCQB. Future announcements will be made regarding the status of the OTCQB application.

ROSA is a compact, self-contained, portable, 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. ROSA’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 autonomous 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 published two Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at car rental locations and construction sites across the country.

https://www.globenewswire.com/news-release/2022/06/03/2456013/0/en/AITX-s-Subsidiary-Robotic-Assistance-Devices-Signs-USA-Security-as-New-Dealer-Receives-Multiple-ROSA-Order.html

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