AITX's Subsidiary Robotic Assistance Devices Successfully

New Post Public Reply Private Reply Replies (0) Message Board
Lee Adams Ulf53 #793
233
AITX's Subsidiary Robotic Assistance Devices Successfully Deploys ROSS Solution at The Rosenbaum Yeshiva of North Jersey

School's Multiple Legacy Security Cameras Now Running RAD AI Analytics, 4 RAD ROSAs to be Deployed Throughout Property


Detroit, Michigan, March 27, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the "Company" (OTCPK:AITX), a global leader in AI-driven security and productivity solutions along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced the successful deployment of RAD's ROSS(TM) solution at The Rosenbaum Yeshiva of North Jersey.

ROSS (RAD Operations System Software) is RAD's software solution enabling the millions of legacy IP security cameras previously deployed to be able to connect with the RAD ecosystem. ROSS empowers these non-RAD cameras to run the same AI analytic capabilities as other RAD hardware solutions, including firearm, human, vehicle, perimeter breach and loitering detection, immediate notifications, SMS alerts, and more. Personal or biometric data is neither received, recorded, stored nor shared by the ROSS system or RAD device.

The Rosenbaum Yeshiva of North Jersey is an Orthodox Jewish school dedicated to continuing the chain of Jewish heritage by nurturing the joy and pursuit of a Torah way of life, in an environment that promotes Torah scholarship and academic excellence. The school has an enrollment of nearly 1000 students in grades Nursery through 8.

RAD and The Rosenbaum Yeshiva of North Jersey conducted extensive accuracy testing, over several months, on RAD's exclusive AI analytics running firearm, human and vehicle detection on the school's existing security cameras. Four RAD ROSA units are to be deployed around the property. These ROSA units will run the same AI analytics and have the capability of performing autonomous responses, both audible and visual, upon the detection of a pre-determined activity or action such as the detection of an exposed firearm.

"RAD's ROSS solution now provides our school with an extra layer of protection and confidence," said Rabbi Efrayim Clair, Executive Director, The Rosenbaum Yeshiva of North Jersey. "Running our existing cameras through ROSS in addition to the four ROSAs should give us those precious minutes to perform immediate lockdown procedures and hopefully save lives."

Troy McCanna, a former FBI Agent, and a Multi-Jurisdictional Task Force Coordinator/Supervisor was one of the first responders to the Oxford High School mass shooting that took place on November 30, 2021, in suburban Detroit. "I can personally attest that preventing an active shooter from executing their plan can create opportunities for de-escalation and provide critical time for a response. ROSS will serve as an additional advantage that could prove invaluable to both schools and individuals in the unfortunate event of an active shooter situation," McCanna stated. McCanna, who enjoyed a distinguished 23-year career with the FBI, joined RAD in early 2022 and now serves as RAD's Chief Security Officer.

"We have priced ROSS to be accessible to all schools, houses of worship, office buildings, vulnerable facilities big or small," said Steve Reinharz, CEO of AITX and RAD. "Finding the budget to keep people safe should no longer be an issue when we can run millions of existing cameras through the very affordable ROSS."

RAD previously announced that ROSS will be offered at a competitive introductory price of $10 per channel (MSRP) per month including all analytics, notification abilities and cloud storage. Additionally, the platform is accompanied by attractive discounts for dealers, integrators, and resellers.

"I firmly believe that this is just the beginning of a significant growth phase for RAD," stated Mark Folmer, CPP, FSyI, President of RAD. "We have identified numerous prospects for our ROSS solution and the accompanying ROSA devices in our sales pipeline. The early results from our ROSS deployments, combined with its competitive pricing, are expected to generate positive outcomes for all involved."

ROSA is a multiple award-winning, 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, firearm, 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 three Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at car rental locations and construction sites across the country.

AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide a cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers this tremendous costs savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.

RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.

CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company". This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.

About Artificial Intelligence Technology Solutions (AITX)

AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit www.aitx.ai, www.stevereinharz.com, www.radsecurity.com,www.radgroup.ai, and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.

###

Steve Reinharz

949-636-7060

@SteveReinharz

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

4Roots Picks MSG for IT & Cybersecurity Support

Updated Category News Views 0

Tech-Boost for a Community Farm Vision Seems like everyone's buzzing about sustainability these days, and why not? It's the way forward. Take 4Roots and their Farm Campus initiative in Orlando. They've hooked up with Managed Services Group (MSG) to bolster their tech backbone, raising the stakes for their mission to shake up the food system. It's a no-nonsense...

Continue Reading
Potassium Fluoride Market Growth Sparks Interest

Updated Category News Views 2

Here's a story you might not have expected—potassium fluoride is finding its spotlight! With the market projected to tick upwards from USD 0.43 billion in 2026 to USD 0.51 billion by 2032, there's more here than meets the eye. A steady CAGR of 2.9% might not scream excitement, but steady growth often does the trick in chemicals. Why the Buzz Around Potassium Fluoride?...

Continue Reading
FirstEnergy's Bold Move: Dormo Joins to Boost Power

Updated Category News Views 1

Changing the Game in Power Generation In the ever-shifting landscape of power generation, having a seasoned player at the helm can be the difference between stagnation and growth. FirstEnergy Corp. (NYSE:FE) has tapped Jon Dormo as its Vice President of Generation Project Development. The mission? Overhaul and expand projects to meet the increasing demands for...

Continue Reading
Eosera Defies Odds with Texas-Made Ear Care Dominance

Updated Category News Views 2

Who would've thought an ear care outfit outta Fort Worth could snag a spot on the Inc. 5000 list for six years running? That's right, eosera® is hanging tough, even while the industry's been in a tailspin and tariffs have been squeezing everyone’s margins. Pushing Through Tough Terrain The ear care sector isn't exactly the first place investors look for a splash,...

Continue Reading
Cypress Wood's Resilience in Louisiana's Humidity

Updated Category News Views 1

Timber Talk with Wes McAdams Diving into the nitty-gritty of building materials isn't everyone's cup of tea, but when you live in a place like Baton Rouge, understanding what stands up to the swampy summer heat is plain survival. The main focus? Cypress wood. Now, Wes McAdams from Cajun Cypress throws his hat into the ring, shedding some light on why cypress might just be...

Continue Reading
Hamamatsu & AIxMed to Automate Cytology Workflows

Updated Category News Views 2

Why This Collaboration Matters Here comes an interesting tidbit from the world of cytology: Hamamatsu and AIxMed are banding together to tackle workflow inefficiencies. Picture this—two powerhouses coming together to create a tool that might just relieve lab technicians from the tedious task of manually checking cytology slides. In a world where efficiency is king, this...

Continue Reading
Truist Revolutionizes Banking with 2 Billion Insights

Updated Category News Views 1

A New Frontier in Banking Truist is out here flipping the script in digital banking, pushing a staggering 2 billion AI-driven insights since 2023. Imagine that—two billion insights 'till now, providing the kind of financial street smarts that help folks feel less like they're lost at sea and more like they're the captain of their own financial ship, all thanks to Truist...

Continue Reading
Herzog Joins Greenberg Traurig: A Litigation Powerhouse

Updated Category News Views 5

Greenberg Traurig Welcomes David M. Herzog to the Team Ah, the rat race of litigation just got a bit fiercer with Greenberg Traurig's latest acquisition: David M. Herzog. This isn’t just another lawyer joining the ranks; Herzog's a dynamo, coming in hot from the U.S. Attorney's Office, right onto the battlefield of corporate litigation. Why Herzog's Move Matters...

Continue Reading
Courtesy Auto Group Expands with Tucson Dealerships Buy

Updated Category News Views 4

Moving Pieces in the Automotive Puzzle Here's one for the books, folks. Automotive dealership chessboard gets another shuffle. Scott Gruwell, the big wheel behind Courtesy Automotive Group, has snatched up Watson Chevrolet and Infiniti of Tucson. Just one more notch in someone's power belt—operations now rolling under new banners as Courtesy Chevrolet and Courtesy...

Continue Reading
Zum Drivers Shine as New School Year Begins

Updated Category News Views 2

Opening the School Year with High Hopes Zum's crew of enthusiastic drivers hit the streets with a mission: kickstarting the new school year with a sense of excitement that feels fresh, even to a grizzled trader like me. These folks are doing more than just turning the ignition, they’re handling a vital cog in the education machine. From Fresno down to Rockford, you’ll...

Continue Reading

Top 5 Most Recently Viewed Articles

Understanding Exempt Principal Trader Dealings in FD Technologies

Updated Category News Views 223

Key Insights on Public Offering Rule 8.5 In the dynamic landscape of finance, transparency is critical, especially regarding trading activities involving exempt principal traders. FD Technologies plc, in compliance with Rule 8.5 of the Takeover Code, has made a significant public disclosure. This regulation emphasizes the necessity for principal traders to maintain an...

Continue Reading
ZenaTech's ZenaDrone Aims for FAA Certification in Agriculture

Updated Category News Views 161

ZenaTech's Ambitious Step Towards FAA Certification In an exciting development for the agricultural technology sector, ZenaTech, Inc. (Nasdaq: ZENA) has taken significant strides with its innovative ZenaDrone 1000. The company has recently applied for the Federal Aviation Authority (FAA) Part 137 certification to utilize its drone in crop spraying applications. This...

Continue Reading
Innovative Lithium Safety Solutions: FCL-X™ Live Showcase

Updated Category News Views 135

Full Circle Lithium and the FCL-X™ Introduction Full Circle Lithium Corp. (TSXV: FCLI, OTCQB: FCLIF) is preparing to present its groundbreaking lithium battery extinguishing solution, the FCL-X™, at the LithiumSAFE Battery Safety Workshop Conference. This much-anticipated event will highlight FCL's commitment to enhancing safety measures in the lithium battery...

Continue Reading
BrainStorm Cell Therapeutics Reports Q3 Financials and Updates

Updated Category News Views 108

BrainStorm Cell Therapeutics Announces Third Quarter 2024 Financial Results BrainStorm Cell Therapeutics Inc. (NASDAQ: BCLI), a prominent developer of adult stem cell therapeutics for neurodegenerative disorders, has disclosed its financial outcomes for the third quarter. The company continues to advance its innovative NurOwn program aimed at providing therapeutic...

Continue Reading
Sweet Paris Crêperie Expands with New Franchises in the Midwest

Updated Category News Views 202

Sweet Paris Crêperie Expands into the Midwest Sweet Paris Crêperie & Café, a beloved restaurant brand known for its mouthwatering crêpes and inviting atmosphere, is set to broaden its horizons with exciting plans for expansion into two new states. This ambitious move will see the opening of four new locations in Arkansas and Missouri, enhancing the restaurant's...

Continue Reading