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$AITX AITX's Subsidiary Robotic Assistance Devices

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Post# of 1427
(Total Views: 168)
Posted On: 06/06/2022 9:38:38 AM
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Posted By: louied91
$AITX AITX's Subsidiary Robotic Assistance Devices Signs NANA Management Services as New Dealer, Receives ROSA Order

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

Detroit, Michigan, June 06, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has signed NANA Management Services (NMS) as a new authorized dealer and has received an order for 1 ROSA security robot from this new dealer. Headquartered in Anchorage, Alaska, NMS employs former federal, state, and local law enforcement agents, working together with some of the world’s largest and most technologically advanced organizations to provide the highest-quality services, including armed and unarmed guards, public reception, wildlife control, offsite archiving, and real-time response. For more than 45 years, NMS has led the industry in security, food, and facilities services throughout Alaska and the lower 48 states and presently employs over 1500.

The ROSA unit will be used by NMS for demonstration purposes to their clients and prospect base.

“The security industry is struggling to fill open positions, especially here in Alaska,” said Eric Fox, VP of Operations, Security at NMS. “Our clients require security services whether there’s adequate staffing or not. Placing RAD devices like ROSA, along with limited manned guarding staff will fill that gap, providing an enhanced security solution, and doing it for a lower cost.”

With the addition of this new authorized dealer, RAD’s dealer network has expanded to 44, covering the US, Canada, the United Kingdom, and the European Union.

“We had been in discussions with the team at NMS for over a year,” said Mark Folmer, president of RAD. “It’s wonderful to see a dealer as strong as NMS make the move, driven by customer demand, to sign on to offer RAD solutions to their clients. We should expect to see great results with them.”

“NMS is a powerhouse in Alaska, and their clients are experiencing the same pressures that businesses across North America are facing,” said Steve Reinharz, CEO of AITX. “Security jobs just can’t be filled, while the need for more robust security grows,” Reinharz concluded.

RAD’s parent company AITX has filed for uplisting to the OTCQB. Future announcements will be made regarding the status of the OTCQB application.


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