Robotic Assistance Devices Receives 17 Unit Order

Rhea-AI Summary

Artificial Intelligence Technology Solutions (AITX) announced a significant order of 17 units from its subsidiary Robotic Assistance Devices (RAD) through a major dealer. The order includes 15 ROSA and 2 SCOT units for a pilot program at a well-known global retailer with over 15,000 US locations. These units will deter illegal activities outside the retailer's stores and provide customer information services. Successful deployment could lead to up to 300 additional units in the next year. RAD aims to enhance security in retail environments through its advanced robotics technology.

Positive

• Received an order for 17 units from a major dealer, indicating strong demand.
• Potential for up to 300 additional deployments in the next 12 months based on pilot program success.
• Units equipped with advanced technology for effective security and customer engagement.

Negative

• None.

Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) today announced that its wholly-owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received a 17 unit order through one of the company’s largest authorized dealers. Although not named due to confidentiality agreements, the company indicated that the end-user for this paid pilot program is a global retailer with over 15,000 locations in the US alone.

RAD units to be deployed in support of this pilot program are 15 ‘ROSA’ and 2 ‘SCOT’ units at eleven locations in five states. The primary application for these units will be to use RAD’s proprietary autonomous functionality to actively identify and deter illegal loitering, vagrancy and other related criminal and nuisance activities that are regularly happening outside of the client’s retail locations. Furthermore the units will, as appropriate, perform positive messaging and information services to valued store customers. Access to the alerts will be available to the dealer’s monitoring service and potentially made available to local law enforcement.

“The challenges that we’ll be tackling are frequent across most retail and much of the real estate world in general,” said Steve Reinharz, Founder and President of RAD. “When a highly visible end-user, working through one of our largest dealers, green-lights a project like this at this scale it shows we’re building in the right direction. The application for these ROSA and SCOT devices with this one client will likely have a huge impact on how security in retail environments is conducted,” Reinharz concluded.

Successful application of the RAD solution in this environment can lead to up to 300 additional deployments within the next 12 months for this client with an unknown number of deployments over additional years.

ROSA (Responsive Observation Security Agent) is a compact, self-contained, security and communication solution that can be deployed in as little as 15 minutes. Its AI-driven security systems include human and vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD’s software suite notification and 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 indicated that ROSA has seen a dramatic increase in deployment and acceptance in recent months due to the unit’s ability to detect and deter trespassing, loitering, theft and vagrancy. SCOT (Security Control Observation Tower) performs a wide variety of autonomous security, surveillance and concierge functions, providing a 360° field of view from its (4) cameras mounted nearly 7’ from the ground, along with a 22” interactive, web-enabled touch-screen.

Follow Steve Reinharz on Twitter @SteveReinharz for future RAD and AITX updates.

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 of design elements, performance, quality and the user’s experience of all security robots whether SCOT™, ROSA™, Wally™, Wally HSO™, AVA™ or ROAMEO™. 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 and RAD-M 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 and www.roboticassistancedevices.com, or follow Steve Reinharz on Twitter @SteveReinharz.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210510005224/en/

FAQ

What recent order did AITX's RAD receive?

RAD received a 17 unit order through a major dealer for a pilot program at a global retailer.

How many units are included in AITX's latest order?

The order consists of 15 ROSA units and 2 SCOT units.

What is the purpose of the RAD units deployed for the pilot program?

The RAD units aim to deter illegal loitering, vagrancy, and enhance customer interactions.

Which retailer is the end-user for AITX's RAD units?

The specific retailer is not named due to confidentiality, but it has over 15,000 locations in the US.

What could be the future impact of this pilot program for AITX?

Success in the pilot program could lead to up to 300 additional deployments within the next year.