$AITX's Subsidiary Robotic Assistance Devices Expe
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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.
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