AITX's Subsidiary Robotic Assistance Devices Dealer Seeing Momentum Accelerate with AVA Deployments - GlobeNewswire

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RAD Dealer’s Focus connected Placing AVA astatine Gated Communities a Success

Detroit, Michigan, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), on with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD) contiguous announced that 1 of its authorized dealers, St. Moritz Security Services, Inc. is experiencing occurrence with deployments of AVA astatine gated communities. St. Moritz has besides placed their 5th AVA bid to beryllium deployed astatine a assemblage successful confederate Florida.

“We’ve experienced terrific effect and results with RAD’s AVA astatine gated communities,” said Evan Nardone, Chief Technology Officer astatine St. Moritz Security Services, Inc. “These are chiefly HOA managed properties and they’re looking for cost-effective, casual to usage solutions that don’t necessitate a full-time defender astatine the gate. AVA is it.”

St. Moritz added that they are actively supporting 5 gated communities with AVAs deployed oregon awaiting installation.

“We emotion the attraction that St. Moritz is placing connected AVA astatine HOAs and different gated properties,” said Mark Folmer, President of RAD. “Ongoing staffing issues and clients’ tendency to chopped costs is surely driving involvement successful RAD solutions. St. Moritz is doing an fantabulous occupation filling those needs with RAD,” Folmer continued.

St. Moritz achieved implicit $140 cardinal successful yearly income successful 2022 which ranks them arsenic 1 of the largest American-owned information companies successful the U.S. and successful the apical 2% of each information companies worldwide. St. Moritz has 30 offices nationwide and covers the full U.S. and Canada.

AVA (Autonomous Verified Access) is simply a compact and stanchion mountable portion that provides an edge-to-edge 180° tract of imaginativeness with precocious entree power implicit gates and different controlled points of entry. AVA takes afloat vantage of the RAD Software Suite providing an perfect solution for gated communities, logistics and organisation centers, retention yards, parking structures and lots, firm campuses; anyplace that accrued information and visibility is needed astatine a fraction of the cost. At ISC West successful precocious March, AVA was named a victor of the 2022 SIA New Products and Solutions Awards successful the class of Access Control Software, Hardware, Devices and Peripherals.

RAD has a income pipeline of implicit 35 Fortune 500 companies and galore different lawsuit opportunities. RAD expects to proceed to pull caller concern arsenic it converts its existing income opportunities into deployed clients generating a recurring gross stream. Each Fortune 500 lawsuit has the imaginable of making galore reorders implicit time.

RAD’s genitor institution AITX has filed for uplisting to the OTCQB. Future announcements volition beryllium made regarding the presumption of the OTCQB application.

Robotic Assistance Devices (RAD) is simply a high-tech start-up that delivers robotics and artificial intelligence-based solutions that empower organizations to summation caller insight, lick analyzable information challenges, and substance caller concern ideas astatine reduced costs. RAD developed its precocious information robot exertion from the crushed up including circuit committee design, and basal codification development. This allows RAD to person implicit power implicit each plan elements, performance, quality, and the user’s acquisition of each information robots whether, ROSA, AVA, ROAMEO, RADDOG, RIO, oregon RAD Light My Way. Read astir however RAD is reinventing the information services manufacture by downloading the Autonomous Remote Services Industry Manifesto, and petition a transcript of the precocious published ‘Navigating the New Economy: Jobs & Automation, Challenges & Opportunities’.

CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
This merchandise contains “forward-looking statements” wrong the meaning of Section 27A of the Securities Act of 1933, arsenic amended, and Section 21E the Securities Exchange Act of 1934, arsenic amended and specified forward-looking statements are made pursuant to the harmless harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements successful this quality merchandise different than statements of humanities information are “forward-looking statements” that are based connected existent expectations and assumptions. Forward-looking statements impact risks and uncertainties that could origin existent results to disagree materially from those expressed oregon implied by the statements, including, but not constricted to, the following: the quality of Artificial Intelligence Technology Solutions to supply for its obligations, to supply moving superior needs from operating revenues, to get further financing needed for immoderate aboriginal acquisitions, to conscionable competitory challenges and technological changes, to conscionable concern and fiscal goals including projections and forecasts, and different risks. No accusation contained successful this quality merchandise should beryllium construed arsenic immoderate denotation whatsoever of the Company's aboriginal banal price, revenues, oregon results of operations. Additionally, manufacture information provided herein is of nary predictive worth regarding the aboriginal merchantability of the Company’s products. Artificial Intelligence Technology Solutions undertakes nary work to update immoderate forward-looking statement(s) and/or to corroborate the statement(s) to existent results oregon changes successful Artificial Intelligence Technology Solutions expectations.

About Artificial Intelligence Technology Solutions (AITX)

AITX is an innovator successful the transportation of artificial intelligence-based solutions that empower organizations to summation caller insight, lick analyzable challenges and substance caller concern ideas. Through its next-generation robotic merchandise offerings, AITX’s RAD, RAD-M and RAD-G companies assistance organizations streamline operations, summation ROI, and fortify business. AITX exertion improves the simplicity and economics of patrolling and defender services and allows experienced unit to absorption connected much strategical tasks. Customers augment the capabilities of existing staffs and summation higher levels of situational awareness, each astatine drastically reduced cost. AITX solutions are good suited for usage successful aggregate industries specified arsenic enterprises, government, transportation, captious infrastructure, education, and healthcare. To larn more, sojourn www.aitx.ai, stevereinharz.com, www.radsecurity.com, radgroup.ai, and www.radlightmyway.com, oregon travel Steve Reinharz connected Twitter @SteveReinharz.

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Steve Reinharz
949-636-7060
@SteveReinharz

Artificial Intelligence Technology Solutions, Inc. rad-smssi-1-ava-1920x1080 Illustration of a azygous RAD AVA information robot successful a simulated autonomous effect mode welcoming gu...

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