Latest news with #MarkFolmer
Yahoo
4 days ago
- Business
- Yahoo
AITX's RAD Receives RIO™ Expansion Orders from Major Client
Latest Orders Part of Ongoing National Rollout of AI-Powered Security Solutions by Leading Logistics Provider Detroit, Michigan, June 02, 2025 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the 'Company') (OTCPK:AITX), a global leader in AI-driven security and productivity solutions for enterprise clients, along with its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD), today announced that a major global logistics client has placed additional orders for multiple RIO 360 solar-powered security towers, each equipped with SARA™ (Speaking Autonomous Responsive Agent), AITX's proprietary Agentic AI platform. These new deployments on the West Coast represent a continuation of the client's ongoing national expansion of RAD's security technology and software. This latest order underscores the growing confidence major organizations have in RAD's solutions to address evolving security challenges at scale. By extending their deployment of RIO units across additional facilities, the client demonstrates a commitment to leveraging advanced AI and automation for greater site protection, operational efficiency, and standardized incident response nationwide. The RIO 360 units will be deployed at the client's distribution and logistics centers, where they serve as a reliable and cost-effective alternative to traditional manned security posts. Each unit is connected to SARA in the cloud, enabling real-time intelligent monitoring, automated voice talk-downs to deter suspicious activity, immediate notifications to security personnel, and comprehensive incident reporting. This seamless integration allows the RIO units to deliver consistent site monitoring and rapid response, helping the client strengthen facility security while optimizing operational resources. 'We are proud to support this client's nationwide growth with solutions that deliver proven results in challenging environments,' said Mark Folmer, CPP, PSP, President of RAD. 'Their continued adoption of RIO and SARA highlights the value and impact that AI-driven security can bring to complex logistics operations. We look forward to helping more organizations realize similar benefits as they modernize their security strategies.' SARA's growing adoption across a variety of industries and sectors reflects a broader shift toward AI-powered, autonomous security solutions. With each new deployment, SARA further establishes its role as an essential technology for organizations seeking to automate routine monitoring, accelerate incident response, and maintain consistency across multiple sites. The momentum seen in this rollout signals increasing demand for intelligent security platforms that deliver reliable performance in real-world environments. Sitting atop a standard RIO 360 configuration are dual ROSA™ units. ROSA is a multiple award-winning, compact, self-contained, portable, security and communication solution that can be installed and activated in about 15 minutes. ROSA's AI-driven security analytics include human, firearm, vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD's software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA's high-resolution, full-color, always-on cameras. RAD has published six Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at retail centers, hospital campuses, multi-family communities, car rental locations and construction sites across the country. AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the nearly $50 billion (US) security and guarding services industry1 through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house. The Company's operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit, reinforcing the Company's credibility with enterprise and government clients who require strict data protection and security compliance. RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time. 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-R, 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 staff 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 and or follow Steve Reinharz on X @SteveReinharz. CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTSThe information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the 'Company'). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price. ### Steve Reinharz949-636-7060@SteveReinharz 1
Associated Press
4 days ago
- Business
- Associated Press
AITX's RAD Receives RIO(TM) Expansion Orders from Major Client
Latest Orders Part of Ongoing National Rollout of AI-Powered Security Solutions by Leading Logistics Provider Detroit, Michigan--(Newsfile Corp. - June 2, 2025) - Artificial Intelligence Technology Solutions, Inc. (OTC Pink: AITX) (the 'Company'), a global leader in AI-driven security and productivity solutions for enterprise clients, along with its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD), today announced that a major global logistics client has placed additional orders for multiple RIO 360 solar-powered security towers, each equipped with SARA ™ (Speaking Autonomous Responsive Agent), AITX's proprietary Agentic AI platform. These new deployments on the West Coast represent a continuation of the client's ongoing national expansion of RAD's security technology and software. [ This image cannot be displayed. Please visit the source: ] To view an enhanced version of this graphic, please visit: Artist's depiction of a RAD RIO 360 solar tower positioned outside a large distribution center. This latest order underscores the growing confidence major organizations have in RAD's solutions to address evolving security challenges at scale. By extending their deployment of RIO units across additional facilities, the client demonstrates a commitment to leveraging advanced AI and automation for greater site protection, operational efficiency, and standardized incident response nationwide. The RIO 360 units will be deployed at the client's distribution and logistics centers, where they serve as a reliable and cost-effective alternative to traditional manned security posts. Each unit is connected to SARA in the cloud, enabling real-time intelligent monitoring, automated voice talk-downs to deter suspicious activity, immediate notifications to security personnel, and comprehensive incident reporting. This seamless integration allows the RIO units to deliver consistent site monitoring and rapid response, helping the client strengthen facility security while optimizing operational resources. 'We are proud to support this client's nationwide growth with solutions that deliver proven results in challenging environments,' said Mark Folmer, CPP, PSP, President of RAD. 'Their continued adoption of RIO and SARA highlights the value and impact that AI-driven security can bring to complex logistics operations. We look forward to helping more organizations realize similar benefits as they modernize their security strategies.' SARA's growing adoption across a variety of industries and sectors reflects a broader shift toward AI-powered, autonomous security solutions. With each new deployment, SARA further establishes its role as an essential technology for organizations seeking to automate routine monitoring, accelerate incident response, and maintain consistency across multiple sites. The momentum seen in this rollout signals increasing demand for intelligent security platforms that deliver reliable performance in real-world environments. Sitting atop a standard RIO 360 configuration are dual ROSA™ units. ROSA is a multiple award-winning, compact, self-contained, portable, security and communication solution that can be installed and activated in about 15 minutes. ROSA's AI-driven security analytics include human, firearm, vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD's software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA's high-resolution, full-color, always-on cameras. RAD has published six Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at retail centers, hospital campuses, multi-family communities, car rental locations and construction sites across the country. AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the nearly $50 billion (US) security and guarding services industry 1 through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house. The Company's operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit, reinforcing the Company's credibility with enterprise and government clients who require strict data protection and security compliance. RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time. 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-R, 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 staff 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 and or follow Steve Reinharz on X @SteveReinharz. CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the 'Company'). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price. ### Steve Reinharz 949-636-7060 @SteveReinharz 1 To view the source version of this press release, please visit
Yahoo
4 days ago
- Business
- Yahoo
AITX's RAD Receives RIO(TM) Expansion Orders from Major Client
Latest Orders Part of Ongoing National Rollout of AI-Powered Security Solutions by Leading Logistics Provider Detroit, Michigan--(Newsfile Corp. - June 2, 2025) - Artificial Intelligence Technology Solutions, Inc. (OTC Pink: AITX) (the "Company"), a global leader in AI-driven security and productivity solutions for enterprise clients, along with its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD), today announced that a major global logistics client has placed additional orders for multiple RIO 360 solar-powered security towers, each equipped with SARA™ (Speaking Autonomous Responsive Agent), AITX's proprietary Agentic AI platform. These new deployments on the West Coast represent a continuation of the client's ongoing national expansion of RAD's security technology and software. To view an enhanced version of this graphic, please visit: Artist's depiction of a RAD RIO 360 solar tower positioned outside a large distribution center. This latest order underscores the growing confidence major organizations have in RAD's solutions to address evolving security challenges at scale. By extending their deployment of RIO units across additional facilities, the client demonstrates a commitment to leveraging advanced AI and automation for greater site protection, operational efficiency, and standardized incident response nationwide. The RIO 360 units will be deployed at the client's distribution and logistics centers, where they serve as a reliable and cost-effective alternative to traditional manned security posts. Each unit is connected to SARA in the cloud, enabling real-time intelligent monitoring, automated voice talk-downs to deter suspicious activity, immediate notifications to security personnel, and comprehensive incident reporting. This seamless integration allows the RIO units to deliver consistent site monitoring and rapid response, helping the client strengthen facility security while optimizing operational resources. "We are proud to support this client's nationwide growth with solutions that deliver proven results in challenging environments," said Mark Folmer, CPP, PSP, President of RAD. "Their continued adoption of RIO and SARA highlights the value and impact that AI-driven security can bring to complex logistics operations. We look forward to helping more organizations realize similar benefits as they modernize their security strategies." SARA's growing adoption across a variety of industries and sectors reflects a broader shift toward AI-powered, autonomous security solutions. With each new deployment, SARA further establishes its role as an essential technology for organizations seeking to automate routine monitoring, accelerate incident response, and maintain consistency across multiple sites. The momentum seen in this rollout signals increasing demand for intelligent security platforms that deliver reliable performance in real-world environments. Sitting atop a standard RIO 360 configuration are dual ROSA™ units. ROSA is a multiple award-winning, compact, self-contained, portable, security and communication solution that can be installed and activated in about 15 minutes. ROSA's AI-driven security analytics include human, firearm, vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD's software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA's high-resolution, full-color, always-on cameras. RAD has published six Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at retail centers, hospital campuses, multi-family communities, car rental locations and construction sites across the country. AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the nearly $50 billion (US) security and guarding services industry1 through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house. The Company's operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit, reinforcing the Company's credibility with enterprise and government clients who require strict data protection and security compliance. RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time. 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-R, 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 staff 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 and or follow Steve Reinharz on X @SteveReinharz. CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price. ### Steve Reinharz949-636-7060@SteveReinharz 1 To view the source version of this press release, please visit
Yahoo
07-05-2025
- Business
- Yahoo
AITX Completes SOC 2 Type 2 Audit, Demonstrating Security Leadership in a Market Lacking Compliance
"Our commitment to enterprise-grade compliance standards is more than a checklist, it's embedded in how we operate," said Mark Folmer, CPP, PSP, President of Robotic Assistance Devices, Inc. (RAD). "Completing the SOC 2 Type 2 audit reflects the maturity of our internal systems and our ability to meet the expectations of large-scale clients and government entities. It reinforces that our processes are built to scale responsibly." Achieving SOC 2 compliance has become a critical requirement for organizations aiming to engage with large enterprises and government agencies. Many public sector entities, including municipal, state, and federal agencies, increasingly mandate SOC 2 compliance as a prerequisite for service providers. This trend reflects a broader emphasis on stringent data security and privacy standards in vendor selection processes. For instance, local governments are adopting SOC 2 assessments to ensure that their partners adhere to robust cybersecurity practices, thereby safeguarding sensitive information and maintaining public trust 1 . "This successful audit is a direct result of the discipline and professionalism our team brings to every aspect of our operations," said Steve Reinharz, CEO/CTO of AITX and its four RAD subsidiaries. "It reflects our focus on earning and keeping the trust of enterprise clients, especially those with complex compliance and risk requirements. We are building not just great solutions, but a great company." The SOC 2 Type 2 audit, conducted by Prescient Security , evaluates not just the design but also the operational effectiveness of AITX's internal controls over time. Covering a multi-month observation period, the audit confirms that AITX's systems and processes meet the rigorous requirements outlined by the American Institute of Certified Public Accountants (AICPA) across the trust service criteria of security, availability, and confidentiality. Detroit, Michigan--(Newsfile Corp. - May 7, 2025) - Artificial Intelligence Technology Solutions, Inc. , (OTC Pink: AITX) (the "Company"), a global leader in AI-driven security and productivity solutions, today announced that it has successfully completed its SOC 2 Type 2 audit, demonstrating the Company's continued adherence to high standards of data security, availability, and confidentiality. This achievement confirms the effectiveness of AITX's internal controls and security protocols across its subsidiaries, further strengthening the Company's position as a trusted partner to enterprise clients and channel partners. Story Continues For current and prospective clients, SOC 2 Type 2 compliance provides assurance that the Company's systems are designed and operated to safeguard data consistently over time. The certification validates that key operational processes, including access controls, data handling, incident response, and system monitoring, are reliable, tested, and aligned with industry best practices. This assurance is especially meaningful for enterprise clients and public agencies that rely on RAD's AI-driven security technologies to protect people, property, and sensitive environments. "This process required significant effort across multiple teams, and I'm proud of how we executed," continued Reinharz. "Achieving SOC 2 Type 2 compliance positions us to engage with a broader range of enterprise and government clients who demand this level of operational integrity. It opens doors to new opportunities that align with our long-term growth and revenue strategy." The Company's SOC 2 Type 2 documentation is available to qualified organizations upon request, subject to the execution of a non-disclosure agreement. AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the nearly $50 billion (US) security and guarding services industry2 through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house. The Company's operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit, reinforcing the Company's credibility with enterprise and government clients who require strict data protection and security compliance. RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time. 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-R, 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 staff 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 , , and or follow Steve Reinharz on Twitter @SteveReinharz. CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price. ### Steve Reinharz 949-636-7060 @SteveReinharz 1 2 To view the source version of this press release, please visit
Yahoo
05-05-2025
- Business
- Yahoo
RADCam Evolves: AITX's RAD-I Launches Full-Scale Entry into SMB and Enterprise Markets
New Uses Significantly Expands RADCam Earnings and Deployment Opportunities Detroit, Michigan--(Newsfile Corp. - May 5, 2025) - Artificial Intelligence Technology Solutions, Inc. (OTC Pink: AITX) (the "Company"), through its subsidiary Robotic Assistance Devices, Inc. (RAD-I), today announced the expansion of RADCam™, its innovative AI-powered security device, into two additional distinct product lines to supplement the current residential solution positioning. Specifically, the Company is building RADCam software versions to specifically cater to high frequency small-to-medium business (SMB) needs. Furthermore, RADCam will have software modifications that allow it to be used on RAD-I's primarily platform, RADSoC™. RADCam on RADSoC effectively creates, within certain circumstances, a 'ROSA-mini' type solution that complements the current enterprise solutions offerings. To view an enhanced version of this graphic, please visit: These new configurations significantly expand RADCam's addressable market beyond residential use. With higher recurring revenue potential in the SMB and enterprise segments, the Company expects stronger margin contributions. Additionally, with inventory already in hand, RAD-I can begin fulfilling demand immediately, generating positive cash flow without requiring additional capital outlay. "This expansion of RADCam into multiple market segments has always been part of our vision," said Steve Reinharz, CEO/CTO of AITX and all RAD subsidiaries. "We built RADCam with the flexibility to scale, evolve, and adapt to the needs of a wide range of clients. Whether it is a family looking to protect their home, a small business securing its storefront, or an enterprise managing hundreds of locations, RADCam is designed to deliver smart, responsive, and efficient security. This milestone marks another important step toward our goal of redefining the future of property protection through intelligent, AI-driven solutions." Each version of RADCam is optimized for its intended environment. The residential model prioritizes simplicity and ease of use, with rapid emergency contact features and AI-powered deterrence accessible through the RADCam app. The SMB version builds on this foundation by supporting advanced features like SARA, RAD-I's AI-based security assistant, enabling real-time interactions and enhanced threat detection for storefronts, offices, and other commercial properties. For enterprise clients, the upcoming RADCam configuration integrates with RAD-I's central command software, RADSoC, offering large-scale coordination, multi-site visibility, and seamless management of security events across a distributed footprint. "RADCam SMB and RADCam Enterprise bring our dealers new solutions to solve client challenges," said Mark Folmer, CPP, PSP, President of RAD-I. "There is a real sense of excitement across the security industry as more professionals see the potential of a low-cost, smart, interactive device that actively helps protect people and property. With this expansion, RADCam is no longer just a breakthrough in residential security, it is becoming a foundational tool for businesses and enterprises looking to modernize their security posture without adding headcount. The interest we are seeing from integrators, dealers, and end-users alike confirms we are bringing something truly valuable to the market." Both the SMB and enterprise versions of RADCam are scheduled for phased rollout in or before the third quarter of calendar year 2025. The SMB configuration is expected to become available first, offering an accessible solution for businesses seeking immediate improvements in site security and responsiveness. The enterprise model, currently undergoing advanced testing, features full RADSoC integration and offers a functionality set similar to a streamlined ROSA™ unit, providing multi-device management, centralized command, and scalable threat detection across complex environments. AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD-I), is redefining the nearly $50 billion (US) security and guarding services industry[i] through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD-I solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD-I delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD-I technologies, AI-based analytics and software platforms are developed in-house. RAD-I has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD-I expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time. 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-I, RAD-R, 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 staff 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 and or follow Steve Reinharz on Twitter @SteveReinharz. CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTSThe information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price. ### Steve Reinharz949-636-7060@SteveReinharz [i] To view the source version of this press release, please visit Sign in to access your portfolio
