Top 5 Utility Company Places Order for Two ROAMEO Mobile Security Robots from AITX’s Subsidiary Robotic Assistance Devices - Yahoo Finance

Artificial Intelligence Technology Solutions, Inc.

Detroit, Michigan, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the Company) (OTCPK:AITX), contiguous announced that its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD) has received an bid for 2 ROAMEO mobile information robots. This order, a superior acquisition facilitated done 1 of RAD’s largest authorized dealers, volition spot 1 ROAMEO deployed astatine the large inferior company’s firm offices, and the different astatine 1 of their tract locations. This lawsuit precocious placed an bid for an AVA entree power robot that was announced via property merchandise connected November 3, 2022.

The Company expects to publically denote the extremity idiosyncratic successful the adjacent aboriginal arsenic the lawsuit has expressed enactment for this to beryllium made public.

“This is the precise exertion ROAMEO was developed to execute,” said Mark Folmer, President of RAD. “Power companies typically person ample inferior yards to patrol, often with unfastened fields and rough, unpaved roads. No different mobile information robot tin autonomously patrol these pugnacious terrain properties.”

RAD confirmed that these volition beryllium adjacent procreation ROAMEO 3.0 units and beryllium deployed successful the summertime of 2023. ROAMEO 3.0 builds upon the thousands of hours of tract deployments for ROAMEO 2.0, with upgrades including greater velocity and mobility, little accumulation costs, faster accumulation time, and powered by RAD-G’s RADPack.

“Once again RAD’s largest trader delivers precocious gross concern from a Fortune 500 listed client,” commented Steve Reinharz, CEO of AITX and RAD. “The outgo to person quality information guards patrol these inferior properties has skyrocketed, and that’s if you tin find the manpower to capable the undesirable job. It’s lone inevitable that ROAMEO, with the powerfulness of RAD, beryllium assigned these station orders.”

ROAMEO is simply a mobile information robot that is astir 7 ft. gangly and weighs implicit 700 lbs. ROAMEO is built to autonomously patrol a spot oregon periphery and survey its surroundings, conducting regular patrols, recording, and reporting backmost to the cardinal bid center. The information robot’s dual 18.5” web-connected interaction screens supply customizable accusation and concierge services for guests that it whitethorn brushwood portion connected patrol.

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^™, RAD Light My Way^™, oregon TOM. 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’.

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.

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, immoderate 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.

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Steve Reinharz
949-636-7060
@SteveReinharz

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• Artificial Intelligence Technology Solutions, Inc.