AITX's Subsidiary Robotic Assistance Devices Signs Global

New Post Public Reply Private Reply Replies (0) Message Board
louied91
268
AITX's Subsidiary Robotic Assistance Devices Signs Global Guardian as New Dealer, Receives ROSA Order with Additional Units Expected

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

Detroit, Michigan, May 04, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has signed Global Guardian as a new authorized dealer, and has received an order for a ROSA security robot from this new dealer. Global Guardian is an industry leading Duty of Care security company that provides a comprehensive, integrated, and customized suite of security, medical and emergency response services for companies, organizations, government and individuals, 24/7.

“RAD’s dealer network and pipeline continues to flow at an increasingly rapid pace,” said Mark Folmer, President of RAD. “Global Guardian sought out RAD on their mission to offer clients advanced and efficient guarding solutions. This indicates that our channel and end-users are eager to deploy technology that addresses their security issues and cuts costs.”

Global Guardian has a vast and unique client base spanning nearly every sector, including a mix of multi-unit residential and commercial accounts with a service area spanning every continent. Global Guardian has also built and operates in-country response teams in more than 125 countries, enabling the company to quickly respond to any emergency or crisis. The initial ROSA order will be utilized for their demonstration purposes to clients and prospects. Both companies indicated that additional opportunities are already in the pipeline for RAD devices.

"We are always trying to find new ways to provide our clients with first-in-class, cost effective solutions designed to protect their physical assets and people,” said Andrew Vanderburg, President of Asset Security at​ Global Guardian. “RAD has a remarkable line of autonomous response devices. And with the Rosa security robot, organizations we support will be equipped with another powerful tool to increase surveillance capabilities against break-ins, theft or unauthorized activity in real-time.”

“We’re pleased to welcome Global Guardian to the RAD dealer network,” said Steve Reinharz, CEO of AITX. “They’re a forward-looking organization with a fantastic customer base, and their global reach is very impressive,” Reinharz added.

With the addition of this new authorized dealer, RAD’s dealer network has expanded to 38, covering the US, Canada, and the European Union.

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, 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 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.

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.

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

Couche-Tard's Q1 2027: Strong Growth Amid Challenges

Updated Category News Views 9

Decoding Alimentation Couche-Tard's Recent Gains When the talk in the finance circles centers around Alimentation Couche-Tard (TSX: ATD) these days, it's all about their jump into fiscal 2027. The giant convenience store operator dished out some promising numbers for their first quarter, rippling through Wall Street's coffee breaks. Net earnings for shareholders of $828.5...

Continue Reading
Penn State-Battalion Pact Advances Semiconductor and Alloy Tech

Updated Category News Views 16

Bridging Academia and Industry for Security Every so often, academia and industry find that sweet spot where their paths align. It's one of those days, it seems. Penn State University and Battalion Advanced Technology Ltd have cozied up for some big-ticket collaboration on materials research. They're not simply tossing money around—up to $6 million's earmarked for two...

Continue Reading
Check Point Shareholders Back 2026 AGM Proposals

Updated Category News Views 0

Shareholder Endorsement Solidifies Check Point's Strategy Today, Check Point Software Technologies had a bit of a celebratory mood. Their stakeholders, it seems, aren't just riding the wave; they're all in. You could almost hear the cheers from Redwood City when those shareholder voting results flashed across the board. Some 81.2 million shares—encompassing about 79.52%...

Continue Reading
Costa Rica's Summit Draws Global Investors, Buyers

Updated Category News Views 0

Costa Rica's Big Stage for Business and Opportunity You might look at Costa Rica and think of lush rainforests and coffee beans, but right now, it's a hub bustling with suits, spreadsheets, and strategic meetings. Over three days, the Costa Rica Trade & Investment Summit (CRTIS) gathered nearly half a thousand buyers and investors all under one roof in San José. Local...

Continue Reading
Manulife's $750M US Offering: Risky or Strategic?

Updated Category News Views 2

Manulife: Debuting $750M in Subordinated Notes When it comes to Manulife's latest move, it's all about the numbers. They've priced a U.S. public offering of a meaty $750 million in subordinated notes at an enticing 6.146% interest rate. That's no pocket change, folks, and it highlights a strategy or a gamble, depending on your view. But here's the kicker: these notes may...

Continue Reading
Replay Sports Cards Expands to Greenville With New Franchise

Updated Category News Views 0

An Old Hobby Gets New Life in Greenville Isn't it something when a hobby from your childhood eventually morphs into a business venture? That's exactly what's happening in Greenville, North Carolina, where Replay Sports Cards is laying down roots. Thanks to Jim and Jake Whitehurst's fresh franchise agreement, the card community along the eastern seaboard is about to have a...

Continue Reading
MD Integrations' Bold Cert Link: Telehealth's New Era

Updated Category News Views 1

MD Integrations Paves a New Path in Telehealth Well, folks, it seems someone’s finally listening. MD Integrations is taking a serious swing at solving one of telehealth's big hiccups – compliance delays. By roping in LegitScript directly, they’re all set to smooth the rocky road to launching virtual care brands. The Sticky Issue of Compliance Delays Anyone dabbling...

Continue Reading
York Urged to Retire Research Macaques After Probe

Updated Category News Views 0

Undercover Investigation Shakes Up York University If you thought the world of research was all about sterile labs and the pursuit of knowledge, think again. The Jane Goodall Institute (JGI), famed for championing animal welfare, has urged York University to let go of nine long-suffering rhesus macaques. Turns out, these macaques weren't exactly living their best lives....

Continue Reading
NEXA Unlimited: Disrupting Mortgage Broker Earnings

Updated Category News Views 7

What Exactly Is NEXA Unlimited? In a game-changer twist, NEXA Lending has launched something that could dramatically shuffle the current mortgage broker model deck. Dubbed NEXA Unlimited, this new model promises no less than 100% revenue access to its loan officers. We're talking zero fees—flat, funding, closing—none of ‘em. This isn't a small tweak or a cosmetic...

Continue Reading
Marco's Pizza Fuels Education with $1M Donation Boost

Updated Category News Views 1

It's not just about slinging pies for Marco's Pizza these days. They're marking a mighty milestone with a $1 million donation to Junior Achievement USA, a major player in prepping young folks to grapple with real-world financials and entrepreneurship. This hefty check not only pushes The Marco's Pizza Foundation's giving tally past the $1.5 million mark, but it also...

Continue Reading

Top 5 Most Recently Viewed Articles

Investigation Announced for Symbotic Inc. Shareholders

Updated Category News Views 146

Investigation Announced for Symbotic Inc. Shareholders Rosen Law Firm, well-known for advocating investor rights, is currently conducting an investigation regarding potential securities claims for shareholders of Symbotic Inc. (NASDAQ: SYM). This investigation arises from allegations suggesting that Symbotic may have provided misleading business information to its...

Continue Reading
Legal Action Erupts as C3.ai Faces Investor Claims Over Misleading Info

Updated Category News Views 200

C3.ai Faces Legal Challenges Amid Investor Concerns In a significant development, investors are stepping forward with allegations against C3.ai, a leader in enterprise AI software. The claims center on accusations that the company misrepresented its financial health and growth potential, potentially misleading its stakeholders. This lawsuit, filed in a U.S. District...

Continue Reading
Exploring Nanning: A City Where Cultures Meet and Flourish

Updated Category News Views 208

Nanning: A City of Cultural Diversity Nanning, a Chinese city brimming with vitality and historical legacy, offers a wonderful blend of cultural charm and contemporary allure. A multinational cohort of young explorers from Gen Z — hailing from various nations—set out to discover the multifaceted romance of Nanning from various vantage points. Their journey took them...

Continue Reading
Pye-Barker Fire & Safety Expands Services Through Acquisition

Updated Category News Views 262

Pye-Barker Fire & Safety Expands Services Through Acquisition Pye-Barker Fire & Safety has successfully acquired General Sprinkler Corporation, marking a significant step in their mission to provide comprehensive fire protection services. This acquisition will enhance Pye-Barker's capabilities in regions they have served, extending their footprint in the Midwest. About...

Continue Reading
InHouse by MariMed Initiates Housing Support for Veterans

Updated Category News Views 71

InHouse by MariMed Launches a New Initiative for Veterans NORWOOD, Mass. — In an inspiring move to support those who have served their country, MariMed introduces its philanthropic initiative, Help on the Homefront. This program aims to address the significant housing challenges faced by veterans across various regions. MariMed’s InHouse line, known for its premium...

Continue Reading