Henderson, Nevada, November 15, 2021--(BUSINESS WIRE)--Artificial Intelligence Technology Solutions, Inc. (OTCPK: AITX) today announced that its wholly-owned subsidiary Robotic Assistance Devices Inc. (RAD) has Received a copy of ROAMEO 2.0 (Rugged Observation Assistance Mobile Electronic Officer) ordered by RAD from one of its authorized distributors. The distributor promised to purchase up to 20 ROAMEO devices in the previous LOI.
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RAD’s ROAMEO 2.0 patrols the corridors of the recent NCS4 conference in Phoenix, Arizona (Photo: Business Wire)
The first of these expected ROAMEO units will be deployed in a major Hollywood studio whose name cannot be disclosed due to the existing non-disclosure agreement.
AITX and RAD CEO Steve Reinharz said: “ROAMEO is the first mobile device to be part of the RAD equipment system and is expected to achieve many amazing deployments. “It was great to receive this order in the first week of the ROAMEO 2.0 public tour. We hope to announce more ROAMEO orders regularly when we convert LOI to confirmed orders and inevitably make more deals with other well-known customers. "
ROAMEO 2.0 was announced to the public at the NCS4 conference held in Phoenix, Arizona last week. The audience was a sports safety director. Due to ROAMEO’s warm welcome at another conference NCS4 in the same resort, the Association of Equipment Manufacturers asked ROAMEO to appear in its keynote speech. Later this week, ROAMEO will be exhibited at the IAAPA Expo in Orlando, Florida on November 16.
The company confirmed that the country’s ongoing labor shortage has forced security service dealers and far-sighted end users to seek replacements for manned security positions. These alternatives include the use of autonomous, artificial intelligence-driven robotic solutions. ROAMEO is a mobile safety robot that is nearly 7 feet tall and weighs more than 700 pounds. According to the company, ROAMEO aims to autonomously patrol the property or its surroundings and investigate its surroundings, conduct routine patrols, record and report to the central command center.
Robotic Assistance Devices (RAD) is a high-tech start-up company that provides robotics and artificial intelligence-based solutions that enable organizations to gain new insights, solve complex security challenges, and drive new business ideas at a lower cost. RAD developed its advanced safe robotics technology from the ground up, including circuit board design and basic code development. This allows RAD to fully control all design elements, performance, quality and user experience of all safety robots, whether it is SCOT™, ROSA™, Wally™, Wally HSO™, AVA™ or ROAMEO™. Learn how RAD is reshaping the security services industry by downloading the Autonomous Remote Services Industry Manifesto.
Follow Steve Reinharz @SteveReinharz on Twitter for future RAD and AITX updates.
Warning disclosure regarding forward-looking statements
This press release contains "forward-looking statements" referred to in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such forward-looking statements are made in accordance with the safe harbor provisions of 1995 The provisions of the Private Securities Litigation Reform Act. Statements in this press release other than statements of historical facts are "forward-looking statements" based on current expectations and assumptions. Forward-looking statements involve risks and uncertainties, which may cause actual results to be materially different from the results expressed or implied in the statements, including but not limited to the following: the ability of artificial intelligence technology solutions to fulfill their obligations, and the working capital to provide operating income Demand to obtain additional financing required for any future acquisitions, to deal with competitive challenges and technological changes, to achieve business and financial goals, including forecasts and forecasts, and other risks. Artificial Intelligence Technology Solutions assumes no responsibility for updating any forward-looking statements and/or confirming the actual results or changes expected from such statements and artificial intelligence technology solutions.
About artificial intelligence technology solutions (AITX)
AITX is an innovator that provides artificial intelligence-based solutions that enable organizations to gain new insights, solve complex challenges, and inspire new business ideas. Through its next-generation robotics products, AITX's RAD, RAD-M and RAD-G companies help organizations streamline operations, increase return on investment, and strengthen businesses. AITX technology improves the simplicity and economy of patrol and guard services, and enables experienced personnel to focus on more strategic tasks. Customers enhance the capabilities of existing employees and obtain a higher level of situational awareness, all of which greatly reduce costs. AITX solutions are very suitable for multiple industries, such as enterprise, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit www.aitx.ai, www.roboticassistancedevices.com and www.radlightmyway.com, or follow Steve Reinharz @SteveReinharz on Twitter.
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Steve Reinharz 949-636-7060 @SteveReinharz
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