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Robotic Assistance Devices Signs Premier Protective Security as New Dealer, Receives ROSA Order with Additional Units Expected

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Artificial Intelligence Technology Solutions (OTCPK: AITX) has announced that its subsidiary, Robotic Assistance Devices, Inc. (RAD), has signed Premier Protective Security, Inc. as its first minority-owned dealer. The partnership includes an order for a ROSA security robot for demonstration purposes to clients. This signing reflects RAD's expanding dealer network, now totaling 34 dealers across the US, Canada, and the EU. RAD's ROSA robot offers advanced security features, including AI-driven analytics and two-way communication.

Positive
  • First minority-owned dealer, expanding RAD's diverse network.
  • ROSA order received for demonstration, enhancing market visibility.
  • Total dealer network expanded to 34, indicating growth in outreach.
Negative
  • None.

Premier Protective Security is RAD’s First Minority-Owned Dealer

Detroit, Michigan, March 14, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has signed Premier Protective Security, Inc. as a new authorized dealer, and has received an order for a ROSA security robot from this new dealer. Premier Protective Security is a minority-owned security personnel management company with nationwide engagement.

“RAD’s dealer channel continues to amaze me,” said Mark Folmer, President of RAD. “Signing Premier Protective Security just weeks after we met them is an indication that the security industry is ready for change.”

Premier Protective Security has existing relationships with multiple Fortune 500 companies. The initial ROSA order will be utilized for their demonstration purposes to clients and prospects.

"I met Steve at a conference and heard him passionately speak to the evolution of the industry. We shared similar sentiments on our desires to be on the forefront of technological advancements, so it only made sense to partner," said Raleigh Taylor, CEO of Premier Protective Security, Inc. “In a past life, I worked in the trucking industry which has some stark similarities to security in terms of the work force and the obstacles faced. Given the driver shortage, hours of service implementations, and other industry-wide challenges, you saw the emergence of autonomous trucks - a resource to support drivers and not replace them. It's very similar to where we are in security. There's a national labor shortage, fewer entrants entering the security industry, yet the demand for private security is at unprecedented levels. This is not a feature to replace security officers, officers are the core of my business. It's instead about identifying solutions to assist our front-line workers, elevating the private security profession entirely, and better serving our customers and theirs."

“I’m so impressed with Raleigh and what he’s built at Premier Protective Security,” said Steve Reinharz, CEO of AITX. “We are especially pleased to welcome them as RAD’s first minority-owned security dealer to the RAD dealer network,” Reinharz added.

With the addition of this new authorized dealer, RAD’s dealer network has expanded to 34, covering the US, Canada, and the European Union.

ROSA is a compact, self-contained, 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 response library. Two-way communication is optimized for cellular, including live video from ROSA’s dual high-resolution, full-color, always-on cameras.

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 recent partnership did AITX announce?

AITX announced a partnership with Premier Protective Security as its first minority-owned dealer.

What product did Premier Protective Security order from AITX?

Premier Protective Security ordered a ROSA security robot from AITX.

What does the ROSA security robot offer?

The ROSA security robot features AI-driven security analytics, human and vehicle detection, and two-way communication.

What is the significance of signing Premier Protective Security?

Signing Premier Protective Security indicates RAD's commitment to diversity and expanding its dealer network.

How many dealers does RAD have after the new signing?

After signing Premier Protective Security, RAD's dealer network expanded to 34.

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