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AITX’s RAD-R Set to Launch RADCam Pre-Orders in Mid-September, Pioneering the Next Evolution in Residential Security

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AITX's subsidiary RAD-R is set to launch pre-orders for its innovative RADCam™ in mid-September, aiming to revolutionize residential and small business security. This AI-powered talking camera integrates advanced communication features, potentially outpacing legacy competitors. The decision to open pre-orders comes in response to high customer interest, with the goal of delivering the product in time for the holiday shopping season.

CEO Steve Reinharz expressed excitement about entering the B2C and SMB markets, confident that RADCam will set new industry standards. The company plans to release pricing, availability, and online store details soon. AITX anticipates that RADCam's pre-orders and subscription fees could significantly contribute to its Q3 FY 2025 revenues, strengthening its recurring revenue stream.

La sussidiaria di AITX, RAD-R, è pronta a lanciare i preordini per la sua innovativa RADCam™ a metà settembre, con l'obiettivo di rivoluzionare la sicurezza residenziale e delle piccole imprese. Questa camera parlante alimentata da AI integra funzioni di comunicazione avanzate, superando potenzialmente i concorrenti tradizionali. La decisione di aprire i preordini arriva in risposta all'alto interesse da parte dei clienti, con l'intento di consegnare il prodotto in tempo per la stagione degli acquisti natalizi.

Il CEO Steve Reinharz ha espresso entusiasmo per l'ingresso nei mercati B2C e SMB, convinto che RADCam stabilirà nuovi standard del settore. L'azienda prevede di rilasciare presto informazioni sui prezzi, disponibilità e dettagli del negozio online. AITX si aspetta che i preordini e le spese di abbonamento per RADCam possano contribuire significativamente ai ricavi del terzo trimestre dell'anno fiscale 2025, rafforzando il suo flusso di entrate ricorrenti.

La subsidiaria de AITX, RAD-R, está lista para lanzar la preventa de su innovadora RADCam™ a mediados de septiembre, con el objetivo de revolucionar la seguridad residencial y de pequeñas empresas. Esta cámara parlante impulsada por IA integra características de comunicación avanzadas, superando potencialmente a sus competidores tradicionales. La decisión de abrir la preventa responde al alto interés de los clientes, con la meta de entregar el producto a tiempo para la temporada de compras navideñas.

El CEO Steve Reinharz expresó su entusiasmo por entrar en los mercados B2C y SMB, confiado en que RADCam establecerá nuevos estándares en la industria. La compañía planea anunciar pronto información sobre precios, disponibilidad y detalles de la tienda en línea. AITX anticipa que las preventas y las tarifas de suscripción de RADCam podrían contribuir significativamente a sus ingresos del tercer trimestre del año fiscal 2025, fortaleciendo su flujo de ingresos recurrentes.

AITX의 자회사 RAD-R이 혁신적인 RADCam™의 사전 주문을 9월 중순에 시작할 예정이며, 이는 주거 및 소규모 비즈니스 보안을 혁신할 목표를 가지고 있습니다. 이 AI 기반의 대화형 카메라는 고급 통신 기능을 통합하여 기존의 경쟁업체를 능가할 가능성이 있습니다. 사전 주문을 시작하기로 한 결정은 고객의 높은 관심에 대한 반응으로, 연말 쇼핑 시즌에 맞춰 제품을 제공하는 것이 목표입니다.

CEO Steve Reinharz는 B2C 및 SMB 시장에 진입하게 된 것에 대해 흥분을 감추지 못하며, RADCam이 새로운 산업 표준을 설정할 것이라고 확신하고 있습니다. 회사는 곧 가격, 가용성 및 온라인 상점에 대한 정보를 발표할 계획입니다. AITX는 RADCam의 사전 주문 및 구독 요금이 2025 회계 연도 3분기 수익에 상당한 기여를 할 것으로 기대하고 있으며, 이를 통해 반복 수익 흐름을 강화할 것입니다.

La filiale d'AITX, RAD-R, est prête à lancer les précommandes de sa RADCam™ innovante à la mi-septembre, visant à révolutionner la sécurité des résidences et des petites entreprises. Cette caméra parlante alimentée par l'IA intègre des fonctionnalités de communication avancées, pouvant potentiellement surpasser les concurrents traditionnels. La décision d'ouvrir les précommandes a été motivée par un fort intérêt des clients, avec l'objectif de livrer le produit à temps pour la saison des achats de fin d'année.

Le PDG Steve Reinharz a exprimé son enthousiasme à l'idée d'entrer sur les marchés B2C et PME, convaincu que la RADCam établira de nouvelles normes dans l'industrie. L'entreprise prévoit de communiquer bientôt des informations sur les prix, la disponibilité et les détails de la boutique en ligne. AITX s'attend à ce que les précommandes et les frais d'abonnement de la RADCam contribuent de manière significative à ses revenus du troisième trimestre de l'exercice fiscal 2025, renforçant ainsi son flux de revenus récurrents.

Die Tochtergesellschaft von AITX, RAD-R, plant, Mitte September die Vorbestellungen für ihre innovative RADCam™ zu starten, mit dem Ziel, die Sicherheit für Privathaushalte und kleine Unternehmen zu revolutionieren. Diese sprechende Kamera, die mit KI betrieben wird, integriert fortschrittliche Kommunikationsfunktionen und könnte traditionelle Wettbewerber übertreffen. Die Entscheidung, Vorbestellungen zu eröffnen, erfolgt als Reaktion auf das hohe Kundeninteresse, mit dem Ziel, das Produkt rechtzeitig zur Einkaufssaison rund um die Feiertage zu liefern.

CEO Steve Reinharz äußerte seine Begeisterung über den Eintritt in die B2C- und SMB-Märkte und ist zuversichtlich, dass RADCam neue Branchenstandards setzen wird. Das Unternehmen plant, bald Informationen zu Preisen, Verfügbarkeit und Details des Online-Shops bekannt zu geben. AITX erwartet, dass die Vorbestellungen und Abonnements für RADCam einen erheblichen Teil zu den Einnahmen des dritten Quartals des Geschäftsjahres 2025 beitragen könnten, wodurch der wiederkehrende Einnahmenstrom gestärkt wird.

Positive
  • Launch of innovative AI-powered security camera RADCam™ for residential and small business markets
  • High customer interest leading to pre-orders opening in mid-September
  • Potential for significant contribution to Q3 FY 2025 revenues
  • Expansion into B2C and SMB markets
  • Recurring revenue model through subscription fees
Negative
  • None.

Innovative Talking Camera Integrates AI-Powered Communication, Setting New Standards for Home Security Solutions

Detroit, Michigan, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices Residential, Inc. (RAD-R), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions, today announced that online pre-orders for its highly anticipated RADCam will begin in mid-September. Developed by RAD-R, this advanced residential and small business security solution is poised to redefine market standards, offering a significant leap forward in home security technology and potentially outpacing legacy competitors.

The Company has opted to open pre-orders in response to overwhelming interest and inquiries from potential customers eager to secure the RADCam ahead of its official release. By launching pre-orders in mid-September, RAD-R aims to place this innovative security solution into customers’ hands in time for the holiday shopping season, positioning RADCam as a must-have gift for tech-savvy homeowners and small business owners.

“We’re absolutely thrilled to bring RADCam to the B2C and SMB markets,” said Steve Reinharz, CEO/CTO of AITX and RAD-R. “This is an incredible step forward for us, and we’re confident that RADCam will revolutionize home and small business security. The overwhelming interest we’ve received speaks volumes about the demand for a truly innovative security solution like RADCam. We can’t wait to see how it empowers our customers and sets a new standard in the industry.”

Details including pricing, availability, and links to the online stores where RADCam can be pre-ordered will be released soon. The Company plans to provide further information in the coming weeks, ensuring that interested customers have everything they need to secure their RADCam during the pre-order period.

Reinharz concluded, “We anticipate that RADCam’s pre-orders and subscription fees could make a meaningful contribution to AITX’s Q3 of FY 2025, further strengthening our recurring revenue stream. The combination of cutting-edge technology and a subscription model ensures that our customers receive continuous value, while also supporting the Company’s growth and profitability.

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, RAD-R, 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 staff 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.radsecurity.com, www.stevereinharz.com, www.radgroup.ai, www.raddog.ai, and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.

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. As such, there are no assurances that the Company will meet its expectations with respect to its future sales volume, becoming cash flow positive, ARR or RMR. 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.

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Steve Reinharz
949-636-7060
@SteveReinharz


FAQ

When will AITX's RAD-R start taking pre-orders for RADCam?

RAD-R, a subsidiary of AITX, will begin taking online pre-orders for RADCam in mid-September 2024.

What markets is AITX targeting with the RADCam product?

AITX is targeting the B2C (business-to-consumer) and SMB (small and medium-sized business) markets with the RADCam security solution.

How might RADCam affect AITX's financial performance?

AITX anticipates that RADCam pre-orders and subscription fees could make a meaningful contribution to its Q3 FY 2025 revenues, strengthening its recurring revenue stream.

What is unique about AITX's RADCam compared to other security cameras?

RADCam is an AI-powered talking camera that integrates advanced communication features, potentially outpacing legacy competitors in the home and small business security market.

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