Website: http://roboticassistancedevices.com/
Phone: 702-990-3271
Email: info@roboticsassistancedevices
September 18, 2017
OMVS - On The Move Systems
"Much like Uber, Airbnb & Alibaba, Robotic Assistance Devices will prove to be an industry disruptive innovator."
OMVS has 97,087,887 Shares Outstanding
Currently trading at .07 per share
This equates to a very small $6.8M Market Cap
OMVS's first acquisition is Robotic Assistance Devices (RAD), developer of all terrain robotic security guards that are in high demand. Through August 21, 2017, RAD has announced 62 security robots under contract which equates to roughly $6M in annual contracted revenue and that's just scratching the surface...
OMVS has acquired 100% Ownership of RAD, a company that has projected an 8M EBITDA for 2018 and is partnered with 85B Company NVIDIA and now 189B Company Verizon! Romeo Power Tech, Confirmed as of June 02, the deal is with 4.8B Company Allied Universal!!! The largest Security Guard Company in the United States!!, more yet to be released...
"The AI Software segment will grow from $1.4 billion in 2016 to $59.8 billion by 2025."
RAD has projected an 8M EBITDA for 2018.
Garett Parsons, CEO of On The Move Systems (OMVS) stated in a press release from April 20th that the company was in advanced discussions with RAD for a potential strategic transaction. In a subsequent press release dated April 25th, Mr. Parsons communicated that the company had already generated 1M in rental revenue contracts and that the company is projected to reach 8M EBITDA for the year 2018. Based on comments and information referenced from PRs and the RAD company website, it looks as though approximately 60 security units over the course of a year equates to 1M in revenue, 600 units would therefore be 10M in revenue and around 2600 - 3300 units in service across the markeplace would be the approximate number required to meet the 8M EBITDA projection. The company just started aggressively contracting this year, so the initial 1M was realized somewhere in the first 60-90 days! Multiple trade show events have taken place recently and RAD has plans to grow the business exponentially throughout Canada and the US. The liklihood of the company pulling this off are favorable as they've stated multiple times, "RAD currently has a sales pipeline of over 50 Fortune 500 companies and over 25 qualified dealers and distributors that have a combined customer base of more than 35,000 end user corporations."
Background of Mr. Garett Parsons: With over 10 year of financial consulting for both private and public equity markets, Mr. Parsons has much experience in the field of asset valuation, funding structures and public release document generation. His education includes a Bachelor of Arts in Political Science/Economics from California State University, Sacremento, and Associate of Arts in Liberal Studies/Business from San Joaquin Delta College and West Hills College, Stockton/Coalinga Ca.
Steve Reinharz is the Founder and CEO of Robotic Assistance Devices (RAD), where he oversees the development, sales and marketing, and strategic vision for the company. Reinharz has more than 20 years of experience in various facets of the high-tech industry — as the founder of security integration firm Security Zone, Inc., and a strategic leader at global enterprises. Reinharz has extensive knowledge of a diverse portfolio of technologies, developing practical, effective solutions for end-user customers. As CEO of RAD, Reinharz leverages his extensive knowledge and interest in robotics and artificial intelligence to design and develop robotic solutions that increase business efficiency and deliver cost savings. Reinharz is a native of Toronto, Ontario, Canada, and attended the University of Western Ontario, where he earned dual bachelor of science degrees in political science and commercial studies.
Follow him on Twitter: @SteveReinharz
http://roboticassistancedevices.com/guarding-...th-robots/
$OMVS 11.19.17 Quick Update
$OMVS VERIZON ARTICLE on RAD! 12.20.2017
Behind the scenes:Verizon’s ongoing support of public safety in the Golden State
http://www.verizon.com/about/news/behind-scen...lden-state
Q FORTHCOMING!
Artificial Intelligence Technology Solutions Inc. (AITX) Recent Headlines
“We are pleased to have received a purchase order from a new Fortune 500 client,” said Steve Reinharz, President and CEO of RAD. RAD has a sales pipeline of over 35 Fortune 500 companies and numerous other potential clients. RAD expects to continue to attract new clients as it converts its existing sales pipeline into paying customers.
Artificial Intelligence Technology Solutions Receives Purchase Order From Fortune 500 Client
Reno, Nev., Jan. 31, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Artificial Intelligence Technology Solutions, Inc., (AITX:OTCPK) is pleased to announce that Robotic Assistance Devices (RAD), its wholly owned subsidiary, has received another PO from one of its existing Fortune 500 clients in the logistics industry for a SCOT™ Wally. “We are very pleased to be receiving follow on orders from existing Fortune 500 clients,” said Steve Reinharz, President and CEO of RAD. The cornerstone of RAD’s growth strategy is to attract new large clients who place initial orders and then reorder more products over time.
Reno, Nev., Jan. 29, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Artificial Intelligence Technology Solutions, Inc., (AITX:OTCPK) is pleased to announce that Robotic Assistance Devices (RAD), its wholly owned subsidiary, has received a purchase order from a major global pharmaceutical company. “This first deployment for this Fortune 50 company could be their first of many,” said Steve Reinharz, President and CEO of RAD. “The ability of RAD to be able to consistently attract these major corporate clients is a sign of the value that RAD’s technology offers to the market,” said Garett Parsons, President and CEO of AITX.
RENO, NV, Jan. 18, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Artificial Intelligence Technology Solutions, Inc. (AITX:OTCPK), is pleased to announce that Robotic Assistance Devices (RAD), its wholly owned subsidiary, has entered into advanced discussions with a second major US Transportation Agency for a pilot order with a foreseeable total deployment of over 100 units for that local region alone. “This would be the only security solution of its kind to be deployed to major public transportation and continues our penetration into this industry,” said Steve Reinharz, President and CEO of RAD. Whereas RAD’s first expected transportation agency customer is heavily focused on light rail, this client has a significant bus transportation system in addition to light rail.
Artificial Intelligence Technology Solutions In Advanced Discussions With New Logistics Client
Reno, Nev., Jan. 10, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Artificial Intelligence Technology Solutions, Inc., (AITX:OTCPK) is pleased to announce that Robotic Assistance Devices (RAD), its wholly owned subsidiary, is in advanced discussions with a new logistics client to deliver a customized software solution that could be deployed to several of the client’s locations. “We are very pleased to continue to penetrate the logistics industry as we add another potential client to the existing list of clients that we have deployed to or are in discussions with for potential deployments,” said Steve Reinharz, President and CEO of RAD. “Working closely with the logistics industry has allowed us to create additional custom solutions that are high value to this massive industry.
RENO, NV, Jan. 07, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Artificial Intelligence Technology Solutions, Inc., (AITX:OTCPK) is pleased to announce that Robotic Assistance Devices (RAD), its wholly owned subsidiary, has entered into advanced discussions with a major US Transportation Agency for a pilot order with a foreseeable total deployment of over 50 units for that local region alone. “This would be the first security solution of its kind to be deployed to major public transportation and opens up a huge brand new industry to us,” said Steve Reinharz, President and CEO of RAD. RAD is unique in that traditional security solutions would either be too expensive or generally unwieldly for these kinds of organizations.
Artificial Intelligence Technology Solutions Releases Responses To Questions
Reno, Nev., Dec. 21, 2018 -- via NEWMEDIAWIRE -- Artificial Intelligence Technology Solutions, Inc., (AITX: OTCPK) is pleased to announce that Robotic Assistance Devices (RAD),.
RENO, NV, Dec. 18, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Artificial Intelligence Technology Solutions (AITX) is pleased to announce that Robotic Assistance Devices (RAD), its wholly owned subsidiary, recently received a preliminary order of one SCOT™ unit and two Wally SCOT™ units at a multi-billion dollar company with over 1,000 locations and more than 100,000 employees. “This is notable as it is the first RAD deployment in an environment that typically could not afford a responsive security solution,” said Steve Reinharz, President and CEO of RAD. RAD is successfully winning large multi-billion dollar clients who enjoy cost savings of 75% to 80% by using RAD products and technology as compared to their existing legacy security costs.
Reno, NV, Dec. 14, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Artificial Intelligence Technology Solutions (AITX:OTCPK) is pleased to announce that Robotic Assistance Devices (RAD), its wholly owned subsidiary, is in discussions for an initial order of 25 SCOT™ Wally units with a multi-billion dollar real estate development and management company. “We are very pleased to be adding more potential large clients to our growing customer funnel,” said Steve Reinharz, President and CEO of RAD. RAD is successfully winning large multi-billion dollar clients who enjoy cost savings of 75% to 80% by using RAD products and technology as compared to their existing legacy security costs.
Artificial Intelligence Technology Solutions Commences To Restructure Debentures
Reno, NV, Dec. 11, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Artificial Intelligence Technology Solutions (AITX:OTCPK) is pleased to announce that it has restructured approximately $950,000 worth of debentures. The company is continuing discussions with debenture holders and expects to restructure more of these debentures in the near future. “The company’s goal is to restructure approximately $4,000,000 worth of debentures before the end of this fiscal year,” said Garett Parsons, President and CEO.
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