Detroit, Michigan, July 5, 2022 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., ( OTCPK:AITX ), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) experienced its largest order intake month in June 2022.
“Our sales force and dealer channel delivered great results in June,” said Mark Folmer, president of RAD. “Our immediate efforts showed huge improvements with top customers using ROSAs, AVAs, SCOTs, ROAMEOs and even TOM, while our dealer partners really ramped up their demand for future ROSA and AVA implementations.”
Unit orders for the month totaled 85 units. June 2022 is the first month of the company’s 2nd quarter of fiscal year 2023.
“June was probably our most active month yet,” said Steve Reinharz, CEO of AITX and RAD. “A healthy mix of 85 pieces on order, direct and through the channel. We exhibited at four conferences, conducted various demonstrations in the field at the request of customers. RAD closed the month with a remarkable panel discussion on our solution for firearms detection† We set the stage for a great fiscal quarter.”
RAD’s parent company AITX plans to apply for listing on the OTCQB within 10 days of filing its YE2022 10-K.
ROSA is a compact, self-contained, portable security and communications solution that can be deployed in approximately 15 minutes. Like other RAD solutions, it only needs power as it contains all the necessary communication hardware. ROSA’s AI-powered security analytics include people and vehicle detection, license plate recognition, responsive digital signage and audio messaging, and full integration with RAD’s notification software suite and autonomous response library. Two-way communication is optimized for mobile use, including live video from ROSA’s high-resolution dual, full-color, always-on cameras. RAD has published two Case Studies detailing how ROSA has helped eliminate cases of theft, trespassing and loitering at car rental locations and construction sites through the whole country.
AGM is a compact rod-mounted unit that provides a 180° edge-to-edge field of view with advanced access control for gates and other controlled access points. AVA takes full advantage of the RAD Software Suite and offers an ideal solution for logistics and distribution centers, warehouses, parking garages and lots, corporate campuses; wherever more visibility is needed at a fraction of the cost. At ISC West at the end of March, AVA was declared the winner of the 2022 SIA Awards for New Products and Solutions in the category Access Control Software, Hardware, Devices and Peripherals.
SCOT (Security Control Observation Tower) is four feet high and is capable of autonomously performing many of the tasks a manned post would perform, but at a fraction of the cost. SCOT can be positioned to monitor and record both human and vehicle activity in any environment, indoors or out. SCOT includes the ability to initiate emergency calls to remote security personnel with two-way audio and video communications. In the event of an imminent threat or actual emergency, the guest would press the device’s CALL SECURITY button. Immediately, they are greeted by a remote monitoring officer who can then trigger additional device alarms and dispatch local security personnel or law enforcement officers. SCOT’s concierge and customer engagement features via the large web-enabled touchscreen provide guests with timely and welcome information services.
ROAMEO is a mobile security robot that is almost 6 feet tall and weighs over 700 lbs. ROAMEO is built to autonomously patrol a property or periphery and survey the environment, conduct routine patrols, record and report back to the central command center. The security robot’s dual 18.5-inch internet-connected touchscreens provide customizable information and concierge services for guests it may encounter while on patrol.
Robotic Assistance Devices (RAD) is a high-tech start-up delivering robotics and artificial intelligence-based solutions that enable organizations to gain new insights, solve complex security challenges and spark new business ideas at a lower cost. RAD has developed its advanced security robot technology from the ground up, including circuit board design and basic code development. This gives RAD complete control over all design elements, performance, quality and user experience of all security robots, be it SCOT™, ROSA™, Wally™, Wally HSO™, AVA™, ROAMEO™ or RAD Light My Way™. † Learn how RAD is reinventing the security services industry through the: Autonomous Remote Services Industry Manifestoand request a copy of the recently published ‘Navigating the New Economy: Jobs and Automation, Challenges and Opportunities’†
PRECAUTIONS ABOUT FORWARD-LOOKING STATEMENTS This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made in accordance with the port provisions of the Private Securities Litigation Reform Act of 1995. Statements in this press release other than statements of historical fact are “forward-looking statements” that are based on current expectations and assumptions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of Artificial Intelligence Technology Solutions to to meet its obligations, to work capital needs from operating income, to obtain additional financing needed for future acquisitions, to meet competitive challenges and technological change, to meet business and financial goals, including projections and forecasts , and other risks. Artificial Intelligence Technology Solutions assumes no obligation to update any forward-looking statement(s) and/or to confirm the statement(s) to reflect actual results or changes in Artificial Intelligence Technology Solutions’ expectations.
About Artificial Intelligence Technology Solutions (AITX) AITX is an innovator in delivering artificial intelligence-based solutions that enable organizations to gain new insights, solve complex challenges and spark new business ideas. Through their next-generation robotic product offerings, AITX’s RAD, RAD-M, and RAD-G companies help organizations streamline operations, increase ROI, and empower business. AITX technology improves the simplicity and cost-effectiveness of patrol and surveillance services and allows experienced personnel to focus on more strategic tasks. Customers increase the capabilities of the existing workforce and gain a higher level of situational awareness, all at a drastically lower cost. AITX solutions are well suited for use in multiple industries such as enterprise, government, transportation, critical infrastructure, education and healthcare. For more information, visit www.aitx.ai† stevereinharz.com† www.rad security.com and www.radlightmyway.comor follow Steve Reinharz on Twitter †Steve Reinharz†