Ground design

AITX will hold an open house for investors and technology

Event to present the solutions of 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 manufacturing facility of the company, the REX, located in Ferndale, Michigan.

“There is so much coming out of companies at AITX that we decided to hold our second open house this year,” said Reinharz, CEO of AITX. “This upcoming event will focus on our RAD technologies. We will show the recent developments of the three subsidiaries of RAD.

At the event, attendees can expect to see a live demonstration of RADDOG, built by RAD-M and powered by RAD-G, and sold by RAD. “What we plan to preview regarding 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 streamed live at 4:30 p.m. ET on the AITX YouTube channel www.youtube.com/aitxrad.

“As a company, RAD will have exhibited or participated in nearly fifty industry events this year alone, creating quite the buzz,” said Doug Clemons, Director of Marketing at RAD. “It is important that we also share our solutions, and the RAD technologies they contain, with our investment community and with the media.”

Additional details regarding the event will be released in the coming weeks. These can include details about the technologies being demonstrated and ways for attendees to learn about the solutions. Reinharz added, “The AITX community expects big surprises and ‘ah-ha’ moments at these events. I believe that this next open day will not disappoint you.

RAD has a sales pipeline of over 35 Fortune 500 companies and many other client opportunities. RAD plans to continue to attract new business by converting its existing sales opportunities into deployed customers generating a recurring revenue stream. Every Fortune 500 customer has the potential to place many orders over time.

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

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 ASSAVROAMEOBROKENRioor 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, radgroup.ai 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.