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$AITX's Subsidiary Robotic Assistance Devices Sign

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Post# of 1427
(Total Views: 201)
Posted On: 05/12/2022 9:29:50 AM
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Posted By: louied91
$AITX's Subsidiary Robotic Assistance Devices Signs New Dealer, Receives Multiple ROSA, AVA, and Wally Orders

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

Detroit, Michigan, May 12, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has provided an update on sales activities for the week beginning May 9, 2022.

“It’s been a busy week for RAD, and our sales pipeline is flowing well,” said Mark Folmer President of RAD. “In this week alone, we’ve booked two AVA units, one Wally device, four ROSAs, plus signed a new dealer, and it’s only Wednesday night.”

The Company commented that additional details regarding the new authorized dealer and several of the individual sales orders are expected to be released in the future.

“It’s mid-May and our efforts at ISC West just seven weeks ago are starting to bear fruit,” said Steve Reinharz, CEO of AITX. “The nice seven device orders so far this week plus the new dealer coming onboard is a good sign of the sales pace we expect to see. With the variety of devices booked this week, plus having delivered a few ROAMEOs and SCOTs around the nation over the last few days, it’s been a whirlwind for RAD lately,” Reinharz added.

With the addition of the new authorized dealer, RAD’s dealer network has expanded to 39, 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 which is expected in May.

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.

AVA (Autonomous Verified Access) is a compact and stanchion mountable unit that provides an edge-to-edge 180° field of vision with advanced access control over gates and other controlled points of entry. AVA takes full advantage of the RAD Software Suite providing an ideal solution for logistics and distribution centers, storage yards, parking structures and lots, corporate campuses; anywhere that increased visibility is needed at a fraction of the cost. At ISC West in late March, AVA was named a winner of the 2022 SIA New Products and Solutions Awards in the category of Access Control Software, Hardware, Devices and Peripherals

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.


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