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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 06, 2022 11:40am
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Post# 34734203

AITX's Subsidiary Robotic Assistance Devices Signs NANA

AITX's Subsidiary Robotic Assistance Devices Signs NANA

Detroit, Michigan, June 06, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has signed NANA Management Services (NMS) as a new authorized dealer and has received an order for 1 ROSA security robot from this new dealer. Headquartered in Anchorage, Alaska, NMS employs former federal, state, and local law enforcement agents, working together with some of the world’s largest and most technologically advanced organizations to provide the highest-quality services, including armed and unarmed guards, public reception, wildlife control, offsite archiving, and real-time response. For more than 45 years, NMS has led the industry in security, food, and facilities services throughout Alaska and the lower 48 states and presently employs over 1500.

The ROSA unit will be used by NMS for demonstration purposes to their clients and prospect base.

“The security industry is struggling to fill open positions, especially here in Alaska,” said Eric Fox, VP of Operations, Security at NMS. “Our clients require security services whether there’s adequate staffing or not. Placing RAD devices like ROSA, along with limited manned guarding staff will fill that gap, providing an enhanced security solution, and doing it for a lower cost.”

With the addition of this new authorized dealer, RAD’s dealer network has expanded to 44, covering the US, Canada, the United Kingdom, and the European Union.

“We had been in discussions with the team at NMS for over a year,” said Mark Folmer, president of RAD. “It’s wonderful to see a dealer as strong as NMS make the move, driven by customer demand, to sign on to offer RAD solutions to their clients. We should expect to see great results with them.”

“NMS is a powerhouse in Alaska, and their clients are experiencing the same pressures that businesses across North America are facing,” said Steve Reinharz, CEO of AITX. “Security jobs just can’t be filled, while the need for more robust security grows,” Reinharz concluded.

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/2022/06/06/2456775/0/en/AITX-s-Subsidiary-Robotic-Assistance-Devices-Signs-NANA-Management-Services-as-New-Dealer-Receives-ROSA-Order.html

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