Robotic Assistance Devices Welcomes Christopher Almonrode, CPP, as Vice President Security & Industry

Rhea-AI Summary

Artificial Intelligence Technology Solutions, Inc. (OTCPK: AITX) announced the hiring of Christopher Almonrode as Vice President of Security & Industry at its subsidiary, Robotic Assistance Devices (RAD). He brings extensive experience in security initiatives and leadership, expected to support RAD's growth and client acquisition. Almonrode previously held positions at CBRE and G4S, enhancing security solutions for Fortune 500 companies. His appointment is seen as a strategic move to reinforce RAD's presence in the Autonomous Response Services sector.

Positive

• Hiring of Christopher Almonrode brings extensive security leadership experience.
• Almonrode's past success with Fortune 500 companies can drive client acquisition for RAD.
• Strategic addition aims to strengthen RAD's position in the Autonomous Response Services industry.

Negative

• None.

Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices (RAD) is pleased to announce the hiring of Christopher Almonrode, CPP, as Vice President Security & Industry. Almonrode will be participating in the organization’s long-term business plans and the implementation of RAD's business development strategy throughout the security industry and related channels.

“Chris’s visionary leadership will be an asset in RAD’s continued growth and development of new clients and new sales initiatives,” said Steve Reinharz, President and CEO of RAD. “The addition of Chris to RAD’s executive team gives us added muscle, smarts and enthusiasm as we secure our place as the market leader in the Autonomous Response Services industry.”

Almonrode is an ASIS board Certified Protection Professional, current Global Security Leader and former law enforcement manager with consistent success in delivering complex initiatives. Prior to joining RAD, Almonrode was a consultant with CBRE Global Workplace Solutions, supporting dozens of Fortune 500 companies and their security solutions. Prior to CBRE, he spent several years with G4S (now Allied Universal), managing a team of over 900 helping clients improve security and control costs. From 2000 to 2010, Almonrode was held the position of Professional Standards Sergeant with the Roanoke Texas Police Department. Almonrode is also a member of the ASIS International Security Services Community which serves as the leading resource for education, outreach, and best practices for all services—security officers, alarm monitoring, investigations, security design and implementation, and other contracted services in support of a security program.

“We are honored to have Chris join us,” said Mark Folmer, COO of RAD. “We are expecting great contributions from Chris to our executive team’s efforts, and for supporting RAD’s massive growth agenda.”

“I want to thank Steve and the entire team at RAD for giving me the opportunity to be part of their explosive growth, said Almonrode. “When I look at my career in law enforcement and the security industry, coupled with the amazing things RAD is doing, this is my chance help shape how all security services will evolve over the next few years.”

Mr. Almonrode is expected to start with RAD Monday, April 12, 2021 and will be based out of North Richland Hills, Texas.

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/20210412005602/en/

FAQ

What recent appointment did AITX announce?

AITX announced the hiring of Christopher Almonrode as Vice President of Security & Industry at RAD.

What experience does Christopher Almonrode bring to AITX?

Almonrode has significant experience in security and industry leadership, previously working with CBRE and G4S.

How will Christopher Almonrode impact RAD's business?

His industry expertise is expected to contribute to RAD's growth and client acquisition strategies.

When did Christopher Almonrode start with AITX?

Christopher Almonrode is expected to start with RAD on April 12, 2021.

What industry does RAD operate in?

RAD operates in the Autonomous Response Services industry, providing robotic and AI-based security solutions.