Robotic Assistance Devices Receives Multiple ROSA Order

New Post Public Reply Private Reply Replies (0) Message Board
Ulf53
159
Robotic Assistance Devices Receives Multiple ROSA Order from East Coast Private College

https://www.globenewswire.com/news-release/20...llege.html

Detroit, Michigan, April 20, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received an order for 5 ROSA security robots from a renowned private college on the East Coast.

The Company confirmed that this order has been received through one of RAD’s largest authorized dealers. Details of the transaction have not been released due to non-disclosure agreements.

“There’s a really good reason why RAD shipped its two-hundredth ROSA last week,” said Mark Folmer, RAD President. “The robot works as promised, it eliminates problems that weren’t going away by doing nothing, it costs dramatically less than a human alternative, and the marketplace has started to notice. We are thrilled with this multiple unit ROSA order from this prestigious college and expect great results from this deployment,” Folmer added.

The Company also announced that the devices will be managed by RAD’s forthcoming ‘incident management system’. This cloud-based application advances RAD's goal of replacing the security industry’s disparate and obsolete user software and is offered by RAD at no additional cost.

“This college deployment validates everything that RAD is doing,” said Steve Reinharz, CEO of AITX. “The ROSA devices will be positioned in active areas of the campus replacing outdated security systems, without the need for communications cabling. We also anticipate the eventual utilization of RAD Light My Way which will provide students and faculty an added level of personal safety and security,” Reinharz concluded.

The Company confirmed that more than a dozen universities and colleges are actively considering RAD Light My Way, along with multiple RAD devices per location. "We recently started promoting RAD Light My Way to colleges and facility management companies since its announcement late last year," said Craig Stachecki, Senior VP of Sales at RAD. "Our sales pipeline is full of great opportunities. The multiple awards that RAD Light My Way has recently earned certainly got these industry's attention."

RAD Light My Way recently won 2 Secure Campus 2022 Awards from Campus Security & Life Safety Magazine. In October 2021 RAD Light My Way along with RAD's ROSA won CBRE’s 2021 Best Workplace Experience Solution Award.

RAD’s parent company AITX intends to file for listing on the OTCQB within 10 days of filing its YE2022 10-K.

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.
Robert
Scroll down for more posts ▼

Top 10 Most Recent News Articles

iQIYI's AI Studio: Future of Filmmaking or Flash in Pan?

Updated Category News Views 118

Introducing the AI Revolution in Film Here we are, folks, standing at the intersection of film and artificial intelligence. China's entertainment behemoth, iQIYI, has just launched what they're touting as the country's first AI Film Studio over in Shanghai. Kicking things off, they've got "Cop in Trouble" queued up, a film that’s promising to leverage the unbridled...

Continue Reading
Aosom Unveils Its Boldest Black Friday Extravaganza

Updated Category News Views 0

Black Friday Heat Kicks Off Early at Aosom All the seasoned shoppers out there smell a deal from a mile away, and Aosom isn't taking any chances by launching their Black Friday bash smack dab on November 2nd. This isn’t just any sale, it’s shaping up to be their most gigantic festival of discounts yet. Across Europe and North America, folks are rubbing their hands...

Continue Reading
Navigating the Maze of Required Minimum Distributions

Updated Category News Views 187

Understanding Required Minimum Distributions Ever felt like retirement planning is walking a financial tightrope? Well, when it comes to Required Minimum Distributions (RMDs), you're tiptoeing on a wire. These IRS-mandated withdrawals aren't just accounting quirks; they’re a cornerstone of retirement income strategy—a fact unmistakably highlighted by Janie Kelly in...

Continue Reading
AppLovin Faces Lawsuit Over AI Revenue Claims

Updated Category News Views 67

AppLovin’s Alleged Missteps: Investors Speak Up Earlier this year, folks holding AppLovin shares were sold a story of grand ambitions. The company's focus was on the promise of AI—dreams of skyrocketing revenue through innovative tools and self-service platforms. But as those promises struggled to take shape, investors pulled back the curtain, and the legal eagles...

Continue Reading
AI-Powered Bank Set to Transform Bahrain's Financial Landscape

Updated Category News Views 198

A Fresh Approach to Banking in Bahrain The stuff that's stirring the pot in Bahrain’s financial sector right now? This big ol' partnership between Mumtalakat, the Kingdom's sovereign wealth fund, and ARP Group. They're on a mission to launch an AI-native wholesale bank smack dab in Bahrain. But here’s the kicker – they’ve got the green light, in principle at...

Continue Reading
Isinwheel's 2027 E-Mobility Pitch: Beyond Resolutions

Updated Category News Views 163

Embracing the E-Mobility Shift Here we are at the tail end of 2026, and isinwheel is riding high on the wave of New Year resolutions with their hefty e-mobility lineup. It's not just about buying the gear—it's about tackling our reliance on gas-guzzlers with electric scooters and bikes as our trusty steeds. "Reduce car trips? More greenery in your commute? These aren't...

Continue Reading
Baystate Health Expands: A New Chapter with Mercy

Updated Category News Views 149

Baystate Health Moves Forward with Strategic Integration Well, here's a tale that's as much about legacy as it is about progress. Baystate Health has brought Baystate Mercy Hospital into its fold, blending history with future prospects. This integration, folks, isn't just a merger—it's a downright overhaul of how healthcare operates in Western Massachusetts. We’re...

Continue Reading
Double Down for Veterans Raises $20 Million Goal

Updated Category News Views 219

Helping Veterans: A Call That Never Fades If there's one thing that never changes, it's the enduring need to support those who have served. Semper Fi & America's Fund has been at the forefront of this mission for over a decade, and their annual Double Down for Veterans Match Campaign is nothing short of a testament to unwavering commitment. Kicking off for the 15th time,...

Continue Reading
Extend Your Water Heater's Life with Anode Care

Updated Category News Views 309

Small Component, Big Impact: The Anode Rod Picture this: You’ve got a trusty water heater keeping your showers steamy, but lurking inside is a villain called rust. Enter the unsung hero—the anode rod. It might not be glamorous, but this little piece of metal works overtime to save your tank from a watery grave. Tim Fessler and Dave Super, seasoned plumbing hotshots...

Continue Reading
Navigating Underinsured Motorist Coverage Woes

Updated Category News Views 219

When the Rubber Hits the Road: Coverage Gaps Ever been in a fender bender and found out the other driver’s insurance barely covers a dent, let alone a serious crash? Believe me, it's no picnic. Chuck Clark from HelloNation digs into this with a deep dive on underinsured motorist coverage, or UIM for short. It's an eye-opener—especially if you're assuming your auto...

Continue Reading

Top 5 Most Recently Viewed Articles

Future Growth of the Global Occupational Health Market

Updated Category News Views 149

Global Occupational Health Market Overview The Global Occupational Health Market is on a robust growth trajectory, expected to flourish significantly in the coming years. Recent analyses reveal that this market was valued at approximately $5.45 billion and is anticipated to reach an impressive $8.47 billion by 2032. This represents a compound annual growth rate (CAGR) of...

Continue Reading
Fly-E Group Faces Class Action Over Securities Fraud Insights

Updated Category News Views 138

Important Notice for Fly-E Group Investors Levi & Korsinsky, LLP is reaching out to investors of Fly-E Group, Inc. (NASDAQ: FLYE) regarding a significant class action lawsuit that may impact shareholders. This lawsuit aims to address potential securities fraud that affected investors during a critical period. Overview of the Class Action Lawsuit This class action lawsuit...

Continue Reading
HashJ Unveils Innovative Short-Term Contracts for Cryptocurrency

Updated Category News Views 129

HashJ Introduces Short-Term Contracts for Cryptocurrency In a thrilling development within the cryptocurrency market, MGPD Finance Limited, known as HashJ, has initiated its groundbreaking short-term contracts for two popular digital currencies—Dogecoin (DOGE) and XRP. This innovative offering arrives as both DOGE and XRP are navigating through relatively stable trading...

Continue Reading
Accessibility Transformed: New Escalators Enhancing Transit Flow

Updated Category News Views 156

Enhancing Accessibility in the Subway System In a significant move towards improved access within the subway system, six newly installed escalators have officially opened at two key transit hubs. This project marks a monumental advancement in terms of accessibility and passenger flow, thoughtfully designed and engineered by Entuitive, a leading firm specializing in...

Continue Reading
Pasithea Therapeutics Advances Phase 1 Trial of PAS-004

Updated Category News Views 135

Pasithea Therapeutics Completes Patient Enrollment for PAS-004 Trial Pasithea Therapeutics Corp. (NASDAQ: KTTA) has made significant strides in its Phase 1 clinical trial of PAS-004, a next-generation macrocyclic MEK inhibitor designed for treating advanced cancer. Recently, the company announced the successful completion of enrollment and initial dosing for patients in...

Continue Reading