$AITX "RAD" NEWS, NOTE: Ran to .015 months ago, te
Post# of 103014
Artificial Intelligence Technology Solutions Receives Purchase Order From a Multi-Billion Real Estate Group
Reno, NV, July 30, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Artificial Intelligence Technology Solutions, Inc., (AITX: OTCPK) is pleased to announce that Robotic Assistance Devices, Inc., (RAD) its wholly owned subsidiary, has received a new purchase order and subsequently deployed three SCOT™ units at a new multi-billion dollar real estate client.
This follows the deployment of the SCOT mentioned in the February 5, 2019 press release, which was for a San Francisco Bay area commercial real estate customer.
This client has indicated they are likely to expand their RAD system quickly.
“We are gaining good momentum in the real estate vertical ,” said Steve Reinharz, President and CEO of RAD. “This is a new commercial real estate order and the first in the Northeast of the U.S. This is a large sector that has the potential to greatly increase sales for the company in the future.”
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. Each new Fortune 500 Customer has the potential of making numerous reorders over time.
RAD expects to announce the launch of a new product in the near future.
The company may post important information about its subsidiary RAD on its website at www.Robotic AssistanceDevices.com and through tweets from RAD President and CEO Steve Reinharz (https://twitter.com/SteveReinharz)