AITX's Subsidiary Robotic Assistance Devices Receives Order for AVA and ROSA Security Robots from Romanian Dealer Civitas Group

Rhea-AI Summary

Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) announces a significant order from Romanian security leader, Civitas PSG, for AVA and ROSA units, marking RAD’s first European deployment. AVA serves as an efficient security guard alternative, while ROSA enhances surveillance capabilities. CEO Steve Reinharz highlights ongoing compliance in line with GDPR and other standards to support market entry. The company aims for further growth in Europe, driven by compliance achievements and strategic partnerships.

Positive

• First deployment of AVA in the European market.
• Partnership with Civitas PSG, enhancing distribution capabilities in Europe.
• RAD solutions promise significant cost reductions for clients.
• Achieved SOC2 Type I certification and pursuing Type II accreditation.
• Plans for further compliance certifications to facilitate European market entry.

Negative

• None.

Detroit, Michigan, May 23, 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 from Civitas PSG, one of the largest security companies in Romania for an AVA (Autonomous Verified Access) access control device, and one ROSA (Responsive Observation Security Agent) robotic surveillance unit.

This will be RAD’s first deployment in the European market for AVA, capable of performing all functions of a security guard at a controlled gate of entry. “The RAD solutions are certainly catching on with our clients,” said Rene Pasculescu, CEO at Civitas Group. “We have a large logistics client that is actively working to reduce their security costs. Deploying AVA at the guard gate and ROSA on the property’s perimeter will drastically cut their costs, while providing a secure environment.”

“Rene and the entire team at Civitas have been the ideal distributor for RAD in the EU,” said Mark Folmer, President of RAD. “Their sales funnel is full of RAD solutions, and we can expect to announce additional sales activity and deployments in the near future.”

“The EU market has additional hurdles to entry specifically related to GDPR compliance and CE related requirements. Our strategic investments in our team, our technology and our cyber and process controls allow us to cost-effectively open this huge new market,” said Steve Reinharz, CEO of AITX and RAD. “We appreciate Civitas leading the charge in Europe and we look forward to a growing association as they bring world-class clients into the RAD family.”

AITX achieved SOC2 Type I certification in 2021 and is currently undergoing an audit required for Type II accreditation. Additional related certifications for GDPR, CE and ISO27001 are either underway or under consideration.

“It’s always been part of our overall strategy to build a world class technology library. Our achievement of obtaining these globally recognized compliance certificates shows our capabilities and willingness to be world class. If we’re to play substantially with Fortune 500 clients and in the government space, it’s absolutely required,” Reinharz concluded.

AVA is a compact and stanchion mountable unit that provides an edge-to-edge 180° field of vision with advanced access control over gates and other controlled points of entry. AVA takes full advantage of the RAD Software Suite providing an ideal solution for logistics and distribution centers, storage yards, parking structures and lots, corporate campuses; anywhere that increased visibility is needed at a fraction of the cost.

At ISC West in late March, AVA was named a winner of the 2022 SIA New Products and Solutions Awards in the category of Access Control Software, Hardware, Devices and Peripherals. “At ISC West, Steve gave me a personal demonstration of AVA 3.0, which is a remarkably innovative access control device that our logistics clients should embrace,” Pasculescu concluded.

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

Attachment

• Artificial Intelligence Technology Solutions, Inc.

FAQ

What recent order did AITX announce?

AITX announced an order from Civitas PSG for AVA and ROSA units, marking their first deployment in Europe.

What is the significance of the partnership with Civitas PSG for AITX?

The partnership with Civitas PSG enables AITX to enhance its distribution network in Europe, potentially leading to more sales and market presence.

What compliance certifications is AITX pursuing?

AITX is pursuing SOC2 Type II accreditation and other certifications related to GDPR and CE requirements to facilitate market entry in the EU.

How do AITX's RAD solutions help clients reduce costs?

RAD solutions, like AVA and ROSA, are designed to lower security costs by performing essential functions typically managed by human guards.

What market does AITX aim to expand into with its new deployments?

AITX aims to expand its market presence into Europe with the deployment of its security solutions.