Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Artificial Intelligence Technology Solutions Inc. (AITX) Message Board

$AITX's Subsidiary Robotic Assistance Devices Expe

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 1427
(Total Views: 231)
Posted On: 04/29/2022 9:28:43 AM
Avatar
Posted By: louied91
$AITX's Subsidiary Robotic Assistance Devices Expects Large Orders from Global Small Box Retailer and Second Casino Operator

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

Detroit, Michigan, April 29, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) is awaiting final approval from a pair of significant pending orders. These 2 orders are expected after months of in-person meetings, trade show visits, site walks, and being fully vetted by the clients.

“Our sales team’s efforts looks like they’re about to pay off,” said Mark Folmer, President of RAD. “We’re ready to deploy our award-winning ROSA at this major retailer. They’ve got thousands of locations, many in tough neighborhoods. We’ve been in discussions with them for quite a while, but things moved quickly once they reviewed the data on how ROSA dramatically reduces, in some cases eliminated, trespassing and loitering.”

The Company commented that the retailer is expected to initially deploy 8 ROSAs as a pilot program at 2 of their locations.

“I’ve personally met with what we expect will be our second major casino operator,” said Steve Reinharz, CEO of AITX. “They have visited the REX on several occasions, it appears that their initial order will be for twenty ROSAs and one SCOT. Once deployed, RAD will have its first corporate placement of RAD Light My Way. The use case for this client is a perfect fit for RAD, plus they’re interested in promoting this unique safety solution to their guests.”

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.


(0)
(0)




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


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us