AITX's Subsidiary Robotic Assistance Devices Recognized in

New Post Public Reply Private Reply Replies (0) Message Board
Lee Adams Ulf53 #394
508
AITX's Subsidiary Robotic Assistance Devices Recognized in the 2022 SIA New Products & Solutions Awards at ISC West
March 28, 2022 (Globe Newswire)

AVA 3.0 with STAN Wins in Its Category

Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) was recognized by the Security Industry Association (SIA) as an award winner at the 2022 SIA New Products and Solutions (NPS) Awards, the flagship awards program presented in partnership with ISC West recognizing innovative security products, services and solutions.

Robotic Assistance Devices was selected as the 2022 winner of the Access Control Software, Hardware, Devices and Peripherals - Wireless for its AVA 3.0 with STAN solution and honored March 23 during an award ceremony on the ISC West show floor.

"Our entire experience at ISC West was nothing short of remarkable," said Mark Folmer, President of RAD. "And being named a winner of a SIA NPS Award for AVA 3.0 with STAN caps off an incredible show for us."

"SIA applauds the 2022 SIA NPS Awards honorees, whose outstanding products, solutions and technologies represent the best and most cutting-edge security offerings on the market," said SIA CEO Don Erickson. "SIA congratulates Robotic Assistance Devices for standing out among the impressive field of entrants in this competitive flagship awards program."

"It felt like this ISC West was the industry's re-introduction to our AVA solution," said Steve Reinharz, CEO of AITX. "AVA is the one autonomous response device of ours that specifically targets a security task that up until now had been performed by a guard. And showing STAN, AVA's autonomous stanchion at the expo, convinced many clients that this is the cost saving solution they had been waiting for. As an example, the largest distributor of technology products is eager to have AVA 3.0 in place at their distribution centers," Reinharz concluded.

The Company also noted that a leader in portable security systems has chosen to remarket AVA 3.0 under their own label and promote the solution through their sales channels.

AVA is a compact and stanchion mountable unit that provides an edge-to-edge 180° field of vision with advanced access control over gates, doors, and other controlled points of entry. AVA takes full advantage of the RAD Software Suite providing an ideal solution for logistics and distribution centers, storage yards, parking structures and lots, corporate campuses; anywhere that increased visibility is needed at a fraction of the cost.

Since its inception in 1979, the SIA NPS Awards have been the security industry's premier product awards program. New products are reviewed by a panel of judges with extensive industry experience, and in 2022, following significant deliberations, the 30 judges presented awards for technologies covering 25 product and service categories. View the full list of SIA NPS award winners here.

Robotic Assistance Devices (RAD) is a high-tech start-up that delivers robotics and artificial intelligence-based solutions that empower organizations to gain new insight, solve complex security challenges, and fuel new business ideas at reduced costs. RAD developed its advanced security robot technology from the ground up including circuit board design, and base code development. This allows RAD to have complete control over all design elements, performance, quality, and the user's experience of all security robots whether SCOT, ROSA, Wally, Wally HSO, AVA, ROAMEO, or RAD Light My Way. Read about how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifesto.

CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of Artificial Intelligence Technology Solutions to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, to meet business and financial goals including projections and forecasts, and other risks. Artificial Intelligence Technology Solutions undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in Artificial Intelligence Technology Solutions expectations.

About Artificial Intelligence Technology Solutions (AITX)

AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit www.aitx.ai, stevereinharz.com, www.radsecurity.com and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.

###

Steve Reinharz

949-636-7060

@SteveReinharz

Artificial Intelligence Technology Solutions Inc. (AITX) Stock Research Links

AITX Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Thunderly Bags Davey Awards for Creative Franchise Videos

Updated Category News Views 87

Big Wins from Humble Beginnings Ever notice how some small outfits have a knack for punching above their weight? Thunderly, a Dallas-based marketing agency, is a shining example of that. They've just snagged two Silver Awards at the 22nd Annual Davey Awards—and it’s stirring up talk across the sector. Winning a Davey isn’t child's play; it’s about small teams...

Continue Reading
Jacquie Lawson's Advent Calendar Delights Fans for 17th Year

Updated Category News Views 41

A Festive Tradition with a Twist The Jacquie Lawson Advent calendar is back for its 17th season, and it's no ho-hum affair. This time, the scene is set against the breathtaking backdrop of England's Lake District. If you've been yearning for a bit of that classic literary and natural charm, this is your ticket—minus the airfare. The calendar isn't just a countdown; it's...

Continue Reading
Jack Henry's Q1 2027 Deconversion Revenue Hits $17.9M

Updated Category News Views 49

Jack Henry Surprises with Strong Deconversion Revenue You're probably thinking, deconversion revenue—what on earth is that? Imagine you're in the financial tech business and one of your bigwig clients decides to merge or get gobbled up by another institution. They move shop, and voila, you've got some unexpected money flowing in due to that exit. That's deconversion...

Continue Reading
Courtney Clark to Keynote Stronger to Serve 2027

Updated Category News Views 75

Wipfli Sets the Stage for a Transformative Conference Wipfli, the heavyweight in advisory and accounting, is gathering the who's who of nonprofit and mission-driven leaders. But this time, they're putting a spotlight on resilience and adaptability. They're bringing in none other than Courtney Clark for the 2027 Stronger to Serve Conference slated for July 12-15 in...

Continue Reading
Bitcoin Mortgages: APX Ushers in New Canadian Era

Updated Category News Views 59

Bitcoin Meets Canadian Mortgages: A Game Changer? Here's a scenario you didn't see coming: Bitcoin, the digital darling of the new millennium, now backing Canadian mortgages. If that doesn't get your financial senses tingling, maybe you haven't been paying attention. APX Lending, a pioneer in digital-asset-backed lending, is kicking open the doors to a fresh financial...

Continue Reading
xTool X1: Redefining Laser Fabrication for Makers

Updated Category News Views 140

The Next Generation of Laser Fabrication Whenever a new gizmo hits the market, it's usually just an upgrade in disguise—faster, shinier, a touch more wattage. Not this time. xTool shook things up by rolling out the X1, a laser platform that gets what small businesses and makers truly crave: versatility and long-lasting potential. This bad boy does more than engrave; it...

Continue Reading
American Lung Association's Bold $21M Research Investment

Updated Category News Views 25

Pumping Life into Lung Health Research The American Lung Association (ALA) just announced a jaw-dropping $21 million investment this year into lung health research. That's right, while some are counting beans, ALA is diving headfirst into serious health challenges plaguing millions of Americans. They've pumped hundreds of millions in the past decade, totaling $193...

Continue Reading
Cerebras Faces Durability Allegations: Investor Alert

Updated Category News Views 57

Cracks in Cerebras' Processor Promises? When you dance with high-stakes tech stocks, sometimes you end up stepping on a few toes. This seems to ring true as Cerebras Systems (CBRS) dances its way into hot water. Allegations from Culper Research suggest their fancy AI processors, which are supposed to be the poster children of reliability, might bow out early. Digging...

Continue Reading
Quanta Services Reports Record Q3 2026 Earnings

Updated Category News Views 79

Quanta Services Smashes Q3 2026 Expectations If you're a stakeholder in Quanta Services, you'd probably be dancing in the aisles right now. This company just posted off-the-charts numbers for the third quarter of 2026. We're talking revenues of $12 billion—a staggering leap from $7.63 billion the same quarter last year. Explosive Earnings and Strong Backlog The star of...

Continue Reading
Digital Science's Game-Changing Jenni AI Acquisition

Updated Category News Views 225

A Strategic Move in the Research Sector When you're dealing with tech giants and their endless race to corner niche markets, it's the big moves that really catch one's attention. The latest acquisition on the block is Digital Science picking up Jenni AI, a platform trusted by over 8 million students and researchers scattered across 189 countries. Now, that's a hefty user...

Continue Reading
/news?page=2">More News Articles