Robotic Assistance Devices to Exhibit and Present Its Vision of Autonomous Remote Services at ISC West

Rhea-AI Summary

Artificial Intelligence Technology Solutions, through its subsidiary Robotic Assistance Devices, Inc. (RAD), will exhibit at ISC West from March 22-25 in Las Vegas. CEO Steve Reinharz announced a 50% increase in booth size, showcasing products like ROAMEO and ROSA 3.0. The event emphasizes the shift in the security industry toward AI-driven technology due to economic conditions. Reinharz will also present on the evolution of security technology, and RAD has submitted three products for the 2022 SIA New Products & Solutions Awards.

Positive

• RAD plans to showcase new AI-driven products at ISC West, potentially increasing market visibility.
• The booth size increased by 50%, indicating strong confidence in product offerings.
• Cost-benefit analysis showed significant savings for clients using RAD's robotic solutions.

Negative

• None.

Detroit, Michigan, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) will be exhibiting and presenting at ISC West taking place March 22-25 at the Venetian Expo in Las Vegas, NV.

“This is going to be RAD’s biggest show to date,” said Steve Reinharz, CEO of AITX. “We have so much to show the industry this year, we just added fifty-percent more space to our booth!”

RAD will be exhibiting in booth 31053 and will be showcasing ROAMEO, ROSA 3.0, AVA 3.0 with STAN the stanchion, and RAD Light My Way. Also appearing in RAD’s booth will be Chuck Harold, Security Guy Radio/TV livestreaming interviews with SIA (Security Industry Association) members, industry thought leaders, and other exhibitors throughout the show. “I’m so excited to be with RAD at this year’s ISC West,” Harold commented. “RAD is doing everything right in delivering the technology that the security industry needs right now. There’s been a lot of forecasting about robotics, but if you weren’t thinking about it 20 years ago, you’ve missed out. We’re already there, and RAD is ahead of the game.”

The security industry is quickly adapting to current conditions in the employment market and the economy, seeking to augment security personnel with AI-driven technology. According to a recent article in Security Management by Jeffrey A. Slotnick, CPP, PSP, "There is a significant business case to be made for incorporating robots into a physical security program. The first business factor is cost-benefit. For one client, we estimated that replacing 48, 168-hour lobby guards who perform health checks, visitor management, and monitor a lobby with a robotic device would have a direct cost-benefit of $180,108.00 per week and $9,365,616.00 per year—a very significant saving."

The company also announced that during ISC West, AITX CEO Steve Reinharz will be presenting an educational session titled “We Were Promised Flying Cars and Jet Packs. But We Did Get Security Robots.” This session explores the history of security and surveillance devices, the hardware and applications for such equipment, their original struggles and limitations, and how current AI-driven, autonomous response solutions have overcome these obstacles.

“We’ve also submitted 3 RAD solutions that are under consideration for the 2022 SIA New Products & Solutions Awards,” said Mark Folmer, President of RAD. “I expect that RAD Light My Way, ROSA 3.0 and AVA 3.0 with STAN all come home winners, because they are.”

“This ISC West is going to be wild for RAD and the entire industry,” Reinharz added. “We’re going to have a full plate of meetings, demos, presentations, awards, networking, we’re doing it all, and we’re doing it big. I can’t wait!”

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^™, 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, 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, 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 will AITX showcase at ISC West 2022?

AITX will showcase products like ROAMEO and ROSA 3.0 at ISC West from March 22-25.

Who is presenting at ISC West for AITX?

CEO Steve Reinharz will present an educational session titled 'We Were Promised Flying Cars and Jet Packs. But We Did Get Security Robots'.

What is the significance of RAD's booth size increase at ISC West?

RAD's booth size increased by 50%, indicating strong confidence in their product offerings.

What awards has RAD submitted its products for?

RAD has submitted three solutions for consideration in the 2022 SIA New Products & Solutions Awards.

How are AI-driven technologies impacting the security industry?

AI-driven technologies are being increasingly adopted in the security industry to enhance efficiency and reduce costs.