AITX’s Subsidiary Robotic Assistive Devices feature

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RIO takes RAD’s ROSA to new heights and In New markets

Detroit, Michigan, Aug. 29, 2022 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD) has introduced RIO, a solar-powered portable security solution. RIO is the company’s first product announced for a broader market sector, positioning RAD solutions outside of the traditional human security industry.

RIO (ROSA Iindependent Observatory) continues production of RAD’s best-selling and multi-award-winning security robot, known as ROSA. RIO consists of a single ROSA 3.1 unit mounted on a portable solar-powered trailer, with the option of adding a second ROSA unit.

The company ran a pre-order program for RIO through its reseller network and to select end users. This pre-order program will continue through mid-September and RAD expects to report pre-order activity in the coming weeks.

“RIO is probably our most exciting product announcement to date,” said Steve Reinharz, CEO of AITX and RAD. “Over the years, and at the cost of millions of dollars in R&D and engineering, RAD has developed a multitude of proprietary technologies. This RAD technology is now being directed to new markets, which until today have been content with legacy solutions from a multitude of vendors, who have assembled basic components, delivering mediocre performance and even lower returns on investment. . RIO is poised to be a game changer for big box retailers, construction sites, hospital campuses, entertainment venues and many other vertical markets,” added Reinharz.

RIO was designed with portability and round-the-clock performance in mind. At its base is a rugged portable trailer positioning the unit’s two solar panels and housing the device’s high-performance batteries and control systems. . RIO’s retractable mast extends nearly 20′ where a single ROSA is mounted, providing an ideal 180° field of view. To make a 360° field of vision, a ROSA-Expander unit is also available.

“The RAD dealer chain is excited about RIO,” said Mark Folmer, President of RAD. “RIO gives RAD dealers a lower cost, higher margin, higher volume solution to offer their customers. We’ve privately showcased RIO to our retailer network and garnered tremendous interest, and are actively booking pre-orders. We expect the response from the security industry to be even greater when we officially introduce RIO to GSX in two weeks. RAD will be exhibiting in booth #1650 at GSX in Atlanta at the Georgia World Congress Center, September 12e until 14e.

“If RIO captures only a modest market share of the existing and significant solar-powered security trailer business, it could quickly propel RAD’s monthly recurring revenue figures into another new orbit. RIO is the solution that can get us there,” concluded Reinharz.

RAD offers several RIO monitoring options, including monitoring services provided by RAD resellers, third-party remote monitoring service providers, as well as RAD’s proprietary RADSoC cloud-based application, with desktop and mobile monitoring options. RIO, like all other RAD security robot solutions, is cellular optimized for robust, near-Wi-Fi quality connectivity, with cellular service included with the device’s subscription service.

Pricing has not been announced, for more information on RIO contact RAD at 877-787-6268 or visit radsecurity.com/rio

RAD’s parent company, AITX, has applied for OTCQB listing. Future announcements will be made regarding the status of the OTCQB application.

ROSA is a multi-award winning, compact, self-contained, portable security and communications solution that can be deployed in approximately 15 minutes. Like other RAD solutions, it includes all the necessary communication hardware. ROSA’s AI-powered security analytics include person, gun, vehicle detection, license plate recognition, responsive digital signage and audio messaging, as well as full integration with the RAD software suite notification and self-contained response library. Two-way communication is optimized for cellular, including live video from ROSA’s two high-resolution, color, always-on cameras. RAD has released two case studies detailing how ROSA has helped eliminate instances of theft, trespassing and vagrancy at rental car agencies and construction sites across the country.

Robotic Assistance Devices (RAD) is a high-tech start-up that provides robotics and artificial intelligence-based solutions that enable organizations to gain new knowledge, solve complex security problems and fuel new new business ideas at reduced costs. RAD has developed its advanced security robot technology from the ground up, including PCB design and basic code development. This allows RAD to have full control over all design elements, performance, quality and user experience of all security robots, which SCOTPINKWallyWally ASSAV™, ROAMEOBROKENRioor RAD Light My Way. Learn how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifesto and requesting a copy of the recently released “Navigating the New Economy: Jobs & Automation, Challenges & Opportunities” document.

CAUTION REGARDING 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 of 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 press 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: Artificial Intelligence Technology Solutions to meet its obligations, to provide working capital requirements from operating revenues, to obtain additional financing necessary for any future acquisition, to meet competitive challenges and technological changes, to achieve business objectives and financial, including projections and forecasts, and other risks. Nothing contained in this press release should be construed as any indication of future stock price, earnings or results of operations of the Company. Further, the industry data provided herein does not have any predictive value regarding the future sale of the Company’s products. Artificial Intelligence Technology Solutions assumes no obligation to update any forward-looking statements and/or confirm the statement(s) with respect to actual results or changes in Artificial Intelligence Technology Solutions’ expectations.

About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in delivering artificial intelligence-based solutions that empower organizations to gain new insights, solve complex challenges, and fuel new business ideas. Through its next-generation robotics product offerings, AITX’s RAD, RAD-M, and RAD-G companies help organizations streamline operations, increase return on investment, and strengthen their business. AITX technology improves the simplicity and economy of patrol and guard services and allows experienced personnel to focus on more strategic tasks. Customers increase the capabilities of existing personnel and gain higher levels of situational awareness, all at a significantly reduced cost. AITX solutions are well suited for use in multiple industries such as enterprise, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit www.aitx.ai, stevereinharz.com, www.radsecurity.com and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.

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Steve Reinharz
949-636-7060
@SteveReinharz

  • Artificial Intelligence Technology Solutions, Inc.

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