Artificial Intelligence Technology Solutions Inc. (OTCMKTS: AITX) The Rise of Robotic Assistance Devices (RAD)

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Artificial Intelligence Technology Solutions Inc. (OTCMKTS: AITX) is making a highly explosive move up the charts in recent months out of sub penny land to recent highs of $0.054. After a brief dip in recent weeks AITX is back over the $0.05 mark with an eye on overtaking $0.054 and entering a blue sky breakout!

AITX wholly owned subsidiary Robotic Assistance Devices (RAD) recently received an opening purchase agreement from Civitas PSG, one of the largest security companies in Romania for 2 RAD devices and received a previously anticipated order for a 5-unit RAD solution. This integrated autonomous remote security and access solution will be deployed to a Fortune 500 end-user client with over 10 distribution centers and over 7,500 retail locations in the U.S. and Puerto Rico. Management has also signed Protos Security as a dealer for the entire suite of RAD products and restructured the debt. The stock now trades as if there is limited amount of paper available.

Artificial Intelligence Technology Solutions Inc. (OTCMKTS: 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 and RAD-M 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 staffs 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.

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AITX has started 2021 with a bang with as its wholly-owned subsidiary Robotic Assistance Devices (RAD) signed Protos Security as a dealer for the entire suite of RAD products. Protos Security is a leader in nationwide security guard management, specializing in putting retail and commercial clients back in control of their security guard program by providing oversight to fulfill any assignment requested, reduce costs, increase incident reporting and ultimately deliver the peace of mind they expect. Details of the agreement were not disclosed, but the company confirmed a RAD unit will be initially delivered to Protos as part of the dealer agreement, with additional orders anticipated immediately following.

Last week RAD received the previously anticipated order for a 5-unit RAD solution. This order was received via one of RAD’s significant North American dealers. A mix of SCOT, Wally and ROSA units will form a fully-integrated autonomous system, providing a secured distribution warehouse exclusively utilizing RAD solutions. This solution will save this client hundreds of thousands of dollars every year when compared to traditional solutions.

Robotic Assistance Devices received an opening purchase agreement last week from Civitas PSG, one of the largest security companies in Romania for (2) RAD devices. The companies disclosed that a RAD SCOT and ROSA unit would be the initial solutions deployed by Civitas. SCOT, short for Security Control Observation Tower, performs a wide variety of autonomous security, surveillance and concierge functions, providing a 360° field of view from its (4) cameras mounted nearly 7’ from the ground, along with a 22” interactive, web-enabled, touch-screen. RAD’ ROSA, Responsive Observation Security Agent, is commonly installed on a light pole or against a wall, providing autonomous responses activated by its (2) cameras and 180° field of view. It is anticipated that both units will be delivered to Civitas within the next 60–90 days.

“We have successfully generated a high level of interest and we are excited to physically demonstrate these devices to a number of clients,” said Rene Pasculescu, CEO at Civitas Group. “The response and enthusiasm has been tremendous, and we expect this should be the first of many orders. Supporting Civitas in and around Romania is the perfect entry for RAD into the EU,” said Steve Reinharz, President and CEO of RAD. “I’m very pleased to be starting our European expansion with such a strong partner.”

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AITX is making a highly explosive move up the charts in recent months out of sub penny land to recent highs of $0.054. After a brief dip in recent weeks AITX is back over the $0.05 mark with an eye on overtaking $0.054 and entering a blue sky breakout! AITX wholly owned subsidiary Robotic Assistance Devices (RAD) recently received an opening purchase agreement from Civitas PSG, one of the largest security companies in Romania for 2 RAD devices and received a previously anticipated order for a 5-unit RAD solution. This integrated autonomous remote security and access solution will be deployed to a Fortune 500 end-user client with over 10 distribution centers and over 7,500 retail locations in the U.S. and Puerto Rico. Management has also signed Protos Security as a dealer for the entire suite of RAD products and restructured the debt. The stock now trades as if there is limited amount of paper available.

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