$AITX's Subsidiary Robotic Assistance Devices Sale
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Posted On: 03/29/2022 1:58:39 PM
$AITX's Subsidiary Robotic Assistance Devices Sales Pipeline Dramatically Increases Following Transformational ISC West
https://www.globenewswire.com/news-release/20...-West.html
Detroit, Michigan, March 29, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) gained a significant increase to its late-stage (i.e. ‘close to closing’) sales opportunities as a result of participating and exhibiting at ISC West, the security industry’s premier conference and exhibition.
“Many of the new prospects are Fortune 500 firms and in total represent a potential universe of well over ten thousand device deployments,” said Steve Reinharz, CEO of AITX. “Prospects immediately saw the value of RAD’s solutions to help cure their labor, security and facility challenges.”
Visitors to RAD’s booth were able to see and touch the newest RAD solutions and in some cases receive live demonstrations of their various functions. The newest versions of RAD’s ROAMEO, ROSA 3.0 and AVA 3.0 were on display and connected to RAD’s award winning RAD Light My Way software-driven safety solution.
“I can’t imagine a single event in RAD history that has created and accelerated more qualified sales opportunities through the buying process,” said Steve Reinharz, CEO of AITX. “Our show schedule was absolutely packed with client meetings, interviews, and presentations, and this was on top of the nearly 150 new well qualified sales opportunities that were developed from our exhibition and demonstrations.”
Highlights for RAD at ISC West included:
Acquisition of approximately 150 new well qualified end user opportunities in addition to over 50 existing client and dealer meetings.
Highly acclaimed educated session by RAD founder and CEO Steve Reinharz as part of the SIA Education @ ISC West 2022 Conference. Reinharz presented a talk titled "We Were Promised Flying Cars and Jet Packs. But We Did Get Security Robots". Video of the presentation is available for viewing at https://youtu.be/igSzGtFyy6E
RAD 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.
“I was astonished how just about everyone that approached our booth was familiar with RAD and our solutions,” said Mark Folmer, President of RAD. “These end-users and new dealers were prepared to discuss their issues and were ready to talk about how RAD was to be part of their future security profile.”
“I try to keep expectations low for a big show like ISC West,” Reinharz added. “At the end of the first day, even before the exhibit hall opened, I realized that this show was going to be a breakout moment for RAD and the category we have worked so hard create. It’s quite possible that significant results from this show are announced within a few short months,” Reinharz concluded.
https://www.globenewswire.com/news-release/20...-West.html
Detroit, Michigan, March 29, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) gained a significant increase to its late-stage (i.e. ‘close to closing’) sales opportunities as a result of participating and exhibiting at ISC West, the security industry’s premier conference and exhibition.
“Many of the new prospects are Fortune 500 firms and in total represent a potential universe of well over ten thousand device deployments,” said Steve Reinharz, CEO of AITX. “Prospects immediately saw the value of RAD’s solutions to help cure their labor, security and facility challenges.”
Visitors to RAD’s booth were able to see and touch the newest RAD solutions and in some cases receive live demonstrations of their various functions. The newest versions of RAD’s ROAMEO, ROSA 3.0 and AVA 3.0 were on display and connected to RAD’s award winning RAD Light My Way software-driven safety solution.
“I can’t imagine a single event in RAD history that has created and accelerated more qualified sales opportunities through the buying process,” said Steve Reinharz, CEO of AITX. “Our show schedule was absolutely packed with client meetings, interviews, and presentations, and this was on top of the nearly 150 new well qualified sales opportunities that were developed from our exhibition and demonstrations.”
Highlights for RAD at ISC West included:
Acquisition of approximately 150 new well qualified end user opportunities in addition to over 50 existing client and dealer meetings.
Highly acclaimed educated session by RAD founder and CEO Steve Reinharz as part of the SIA Education @ ISC West 2022 Conference. Reinharz presented a talk titled "We Were Promised Flying Cars and Jet Packs. But We Did Get Security Robots". Video of the presentation is available for viewing at https://youtu.be/igSzGtFyy6E
RAD 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.
“I was astonished how just about everyone that approached our booth was familiar with RAD and our solutions,” said Mark Folmer, President of RAD. “These end-users and new dealers were prepared to discuss their issues and were ready to talk about how RAD was to be part of their future security profile.”
“I try to keep expectations low for a big show like ISC West,” Reinharz added. “At the end of the first day, even before the exhibit hall opened, I realized that this show was going to be a breakout moment for RAD and the category we have worked so hard create. It’s quite possible that significant results from this show are announced within a few short months,” Reinharz concluded.
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