Multiple Orders from Leading Retail Chain Detro
Post# of 1426
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Posted On: 04/17/2023 5:56:53 AM
Multiple Orders from Leading Retail Chain
Detroit, Michigan, April 14, 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 completion of a pilot at a global big box retailer, which told the Company to expect an opening order for seven ROSA security robots. The order was facilitated by one of RAD's largest national authorized dealers.
The end-user client is a Fortune 100 ranked company with over 1,500 retail locations across the US. These initial ROSAs are slated for deployment at one of the client's retail distribution centers, with the task of detecting and deterring after-hours trespassing, loitering and other security breaches.
"This is the sort of volume business we have been gearing up to support," said Mark Folmer, CPP, FSyI, President of RAD. "Our sales team works diligently to service our dealer network and present the benefits of RAD solutions to end-users like this incredible client. These initial units are just the tip of this giant iceberg of an opportunity."
The Company expects to make additional announcements regarding its authorized dealers' activities and further sales updates.
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 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 cost 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.
Read More: https://investorshangout.com/post/view?id=656...z7z8CWioXe
Detroit, Michigan, April 14, 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 completion of a pilot at a global big box retailer, which told the Company to expect an opening order for seven ROSA security robots. The order was facilitated by one of RAD's largest national authorized dealers.
The end-user client is a Fortune 100 ranked company with over 1,500 retail locations across the US. These initial ROSAs are slated for deployment at one of the client's retail distribution centers, with the task of detecting and deterring after-hours trespassing, loitering and other security breaches.
"This is the sort of volume business we have been gearing up to support," said Mark Folmer, CPP, FSyI, President of RAD. "Our sales team works diligently to service our dealer network and present the benefits of RAD solutions to end-users like this incredible client. These initial units are just the tip of this giant iceberg of an opportunity."
The Company expects to make additional announcements regarding its authorized dealers' activities and further sales updates.
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 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 cost 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.
Read More: https://investorshangout.com/post/view?id=656...z7z8CWioXe
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