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AITX's Subsidiary Robotic Assistance Devices Receives Multiple ROAMEO and ROSA Order from Leading Global Logistics Company

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Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) announced an order for 2 ROAMEO and 3 ROSA security robots from a leading global logistics company. These robots will enhance security at the client’s logistics centers, with deployment expected in May or June. This marks a significant technological advancement as the stationary ROSA robots will coordinate with the mobile ROAMEO for real-time incident response. Additionally, a previous order for RAD robots is set to deploy on April 25. AITX plans to apply for OTCQB listing soon.

Positive
  • Received order for 2 ROAMEO and 3 ROSA robots from a major logistics company.
  • Expected deployment of robots in May or June demonstrates operational growth.
  • Innovative integration of security robots for enhanced incident response.
  • Plans to file for OTCQB listing, which may improve visibility and access to capital.
Negative
  • None.

Detroit, Michigan, April 19, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received an order for 2 ROAMEO and 3 ROSA security robots from a top ranked global logistics company. Although not named due to confidentiality agreements, the Company indicated that the end-user is a global leader in supply chain management & third-party logistics.

The Company did confirm that the 2 ROAMEO mobile security robots are expected to be deployed in May or June at two of the client’s logistics centers. “This single, multiple unit order is such a tremendous opportunity to us to showcase the power of the RAD Ecosystem,” said Steve Reinharz, CEO of AITX. “At one location, the 3 stationary ROSAs and one mobile ROAMEO will be communicating and coordinating the facility’s security. The ROSA units will be able to dispatch ROAMEO to specific coordinate immediately upon their detection of a suspicious incident,” Reinharz continued.

“This is the world’s first deployment that we’re aware of where a stationary robot ‘calls’ a mobile robot to be the first responder,” said Mark Folmer, RAD President. “We expect his type of autonomous and automated security to become the de facto standard as it’s simply impossible for every organization that wants security officers to find, keep and afford them.”

The Company also confirmed that the previously announced ROAMEO and ROSA order from one of the nation’s largest vehicle retailers will be deployed on April 25. “It is such an exciting time right now with ROAMEO, ROSA and all other RAD solutions being deployed, and taking their positions at our clients’ facilities,” Reinharz concluded.

RAD’s parent company AITX intends to file for listing on the OTCQB within 10 days of filing its YE2022 10-K.

ROAMEO is a mobile security robot that is nearly 7 ft. tall and weighs over 700 lbs. ROAMEO is built to autonomously patrol a property or periphery and survey its surroundings, conducting routine patrols, recording, communicating with other RAD devices, and reporting back to the central command center. In ideal conditions, ROAMEO can reach speeds up to 12 mph.

ROSA is a 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 and 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 two Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at car rental locations and construction sites across the country.

Robotic Assistance Devices (RAD) is a high-tech start-up that delivers robotics and artificial intelligence-based solutions that empower organizations to gain new insight, solve complex security challenges, and fuel new business ideas at reduced costs. RAD developed its advanced security robot technology from the ground up including circuit board design, and base code development. This allows RAD to have complete control over all design elements, performance, quality, and the user’s experience of all security robots whether SCOT, ROSA, Wally, Wally HSO, AVA, ROAMEO, or RAD Light My Way. Read about how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifesto.

CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news 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 provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, to meet business and financial goals including projections and forecasts, and other risks. Artificial Intelligence Technology Solutions undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in Artificial Intelligence Technology Solutions expectations.

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, stevereinharz.com, www.radsecurity.com and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.

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Steve Reinharz
949-636-7060
@SteveReinharz

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FAQ

What robots did AITX receive an order for in April 2022?

AITX received an order for 2 ROAMEO and 3 ROSA security robots.

When will the RAD robots be deployed at the client’s logistics centers?

The deployment of the RAD robots is expected in May or June 2022.

What is the significance of the ROSA and ROAMEO robots order?

This order represents a major advancement in security technology, allowing for coordinated responses to incidents.

What are the future plans for AITX regarding stock listings?

AITX intends to file for listing on the OTCQB within 10 days of filing its YE2022 10-K.

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