AITX's Subsidiary Robotic Assistance Devices Recognized in the 2022 SIA New Products & Solutions Awards at ISC West

Detroit, Michigan, March 28, 2022 — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) was recognized by the Security Industry Association (SIA) as an award winner at the 2022 SIA New Products and Solutions (NPS) Awards, the flagship awards program presented in partnership with ISC West recognizing innovative security products, services and solutions.

AVA 3.0 with STAN Wins in Its Category


Detroit, Michigan, March 28, 2022 — Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) was recognized by the Security Industry Association (SIA) as an award winner at the 2022 SIA New Products and Solutions (NPS) Awards, the flagship awards program presented in partnership with ISC West recognizing innovative security products, services and solutions.

Robotic Assistance Devices was selected as the 2022 winner of the Access Control Software, Hardware, Devices and Peripherals – Wireless for its AVA 3.0 with STAN solution and honored March 23 during an award ceremony on the ISC West show floor.

“Our entire experience at ISC West was nothing short of remarkable,” said Mark Folmer, President of RAD. “And being named a winner of a SIA NPS Award for AVA 3.0 with STAN caps off an incredible show for us.”

“SIA applauds the 2022 SIA NPS Awards honorees, whose outstanding products, solutions and technologies represent the best and most cutting-edge security offerings on the market,” said SIA CEO Don Erickson. “SIA congratulates Robotic Assistance Devices for standing out among the impressive field of entrants in this competitive flagship awards program.”

“It felt like this ISC West was the industry’s re-introduction to our AVA solution,” said Steve Reinharz, CEO of AITX. “AVA is the one autonomous response device of ours that specifically targets a security task that up until now had been performed by a guard. And showing STAN, AVA’s autonomous stanchion at the expo, convinced many clients that this is the cost saving solution they had been waiting for. As an example, the largest distributor of technology products is eager to have AVA 3.0 in place at their distribution centers,” Reinharz concluded.

The Company also noted that a leader in portable security systems has chosen to remarket AVA 3.0 under their own label and promote the solution through their sales channels.

AVA is a compact and stanchion mountable unit that provides an edge-to-edge 180° field of vision with advanced access control over gates, doors, and other controlled points of entry. AVA takes full advantage of the RAD Software Suite providing an ideal solution for logistics and distribution centers, storage yards, parking structures and lots, corporate campuses; anywhere that increased visibility is needed at a fraction of the cost.

Since its inception in 1979, the SIA NPS Awards have been the security industry’s premier product awards program. New products are reviewed by a panel of judges with extensive industry experience, and in 2022, following significant deliberations, the 30 judges presented awards for technologies covering 25 product and service categories. View the full list of SIA NPS award winners here.

Robotic Assistance Devices (RAD) is a high-tech start-up that delivers robotics and artificial intelligence-based solutions that empower organizations to gain new insight, solve complex security challenges, and fuel new business ideas at reduced costs. RAD developed its advanced security robot technology from the ground up including circuit board design, and base code development. This allows RAD to have complete control over all design elements, performance, quality, and the user’s experience of all security robots whether SCOT™, ROSA™, Wally™, Wally HSO™, AVA™, ROAMEO™, or RAD Light My Way™. Read about how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifesto.

CAUTIONARY DISCLOSURE ABOUT 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 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 news 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: the ability of Artificial Intelligence Technology Solutions to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, to meet business and financial goals including projections and forecasts, and other risks. Artificial Intelligence Technology Solutions undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in Artificial Intelligence Technology Solutions expectations.

CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. As such, there are no assurances whatsoever that the Company will meet its expectations with respect to its future revenues, sales volume, recurring monthly revenue growth, and operational cash flow positivity. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
For purposes of the Company's disclosures, "Artificial Intelligence" refers to machine-based systems designed to operate with varying levels of autonomy that, for a given set of human defined objectives, can make predictions, recommendations, or decisions influencing real or virtual environments. In the context of the Company's business, Artificial Intelligence is deployed primarily within the security services and property management industries to support functions such as detection, analysis, prioritization, communication, and response related to safety, security, and operational events.
The Company delivers these capabilities principally through its SARA™ (Speaking Autonomous Responsive Agent) platform, which serves as the Company's primary agentic artificial intelligence system. SARA is designed to receive and process video, audio, and other sensor data, apply automated analysis and inference, and support actions in accordance with predefined operational objectives and human oversight.
Further note that the Company's Board of Directors oversees the Company's deployment of Artificial Intelligence.

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