Event to present solutions AITX Subsidiaries RAD, RAD-M and RAD-G
DETROIT, Michigan, Oct. 11, 2022 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) today announced that it will host an investor and technology open house on Wednesday, December 7, 2022. The event will be held at the company’s manufacturing facility, the REX, in Ferndale, Michigan.
“There is so much coming from the AITX companies that we have decided to hold our second open house this year,” said Reinharz, CEO of AITX. “This upcoming event will focus on our RAD technologies. We show current developments from all three RAD subsidiaries.
At the event, attendees can expect a live demonstration of RADDOG, built by RAD-M, operated by RAD-G and sold by RAD. “What we are planning to preview in terms of RADDOG is exciting and amazing,” added Reinharz.
Those interested in attending the AITX Investor and Technology Open House can register online at tinyurl.com/2xv94nbw. For those unable to attend the event in person, it will be livestreamed at 4:30pm ET on AITX’s YouTube channel www.youtube.com/aitxrad.
“As a company, RAD will have exhibited or attended nearly fifty industry events this year alone, which has generated a lot of attention,” said Doug Clemons, RAD’s chief marketing officer. “It is important that we also share our solutions and the RAD technologies they contain with our investment community and the media.”
More details about the event will be released in the coming weeks. This may include details of the technologies being demonstrated and opportunities for attendees to become familiar with the solutions. Reinharz added: “The AITX community expects big surprises and aha moments at these events. I believe that this next open house will not disappoint you.”
RAD has a sales pipeline of over 35 Fortune 500 companies and numerous other opportunities for clients. RAD expects to continue attracting new customers as it converts its existing sales opportunities into customers that generate a recurring revenue stream. Every Fortune 500 customer has the potential to place numerous repeat orders over time.
RAD’s parent company, AITX, has applied for an uplisting with the OTCQB. Future announcements regarding the status of the OTCQB application will be made.
Robotic Assistance Devices (RAD) is a high-tech start-up that delivers robotics and artificial intelligence-based solutions that enable companies to gain new insights, solve complex security challenges and drive new business ideas at lower costs. RAD has developed its advanced safety robotic technology from the ground up, including circuit board design and base code development. This gives RAD full control over all design elements, performance, quality and user experience of all security robots, whether SCOT™pink™Wally™WallyHSO™AV™ROAMEO™CASSI™Rio™or RAD Light My Way™. Read how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifesto and request a copy of the recently published Navigating the New Economy: Jobs & Automation, Challenges & Opportunities.
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This press 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 that are not historical facts 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, without limitation, the following: Artificial Intelligence Technology Solutions’ ability to meet its obligations, provide working capital needs from operating income, to obtain additional financing needed for future acquisitions, to meet competitive challenges and technological changes, to achieve business and financial goals including forecasts and projections, and other risks. None of the information contained in this press release should be construed as an indication of future stock prices, earnings or results of operations of the company. In addition, the industry data provided herein is not of predictable value with respect to future sales of the Company’s products. Artificial Intelligence Technology Solutions undertakes no obligation to update any forward-looking statements and/or to confirm any statement(s) regarding actual results or any changes in Artificial Intelligence Technology Solutions’ expectations.
About Artificial Intelligence (AITX) Technology Solutions
AITX is an innovator in delivering artificial intelligence-based solutions that empower organizations to discover new insights, solve complex challenges, and drive new business ideas. Through their next-generation robotic product offerings, AITX’s RAD, RAD-M and RAD-G companies help companies streamline operations, increase ROI and strengthen business. AITX technology improves the simplicity and economics of patrol and guard duty, allowing experienced personnel to focus on more strategic tasks. Customers enhance the skills of their existing workforce and gain a higher level of situational awareness, all at a dramatically reduced cost. AITX solutions are well suited for use in various industries such as corporate, government, transportation, critical infrastructure, education, and healthcare. To learn more visit www.aitx.ai, stevereinharz.com, www.radsecurity.com, radgroup.ai and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
Artificial Intelligence Technology Solutions, Inc.