HENDERSON, Nevada, October 5, 2020
Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), is pleased to announce the formation of a Board of Advisors for its wholly-owned subsidiaries Robotic Assistance Devices (RAD) and Robotic Assistance Devices Mobile (RAD-M). The advisory board is opening with twenty-two advisors from a cross-section of law enforcement, security, technology startups, and finance industries.
“The response to our invitations to join this board was overwhelming,” said Steve Reinharz, president of RAD and RAD-M. “We’ve been able to assemble a world-class Board of Advisors to help lead our companies into the future, and given that a nominal payment for time spent was offered – which many declined to accept as a term of their engagement – this board is tangibly demonstrating a commitment to the RAD and RAD-M missions.”
Additional details and bios on the Board of Advisors can be found here: https://radsecurity.com/rad-board-of-advisors/. It is expected that board members will be added and removed as individual needs change over the coming years.
“We’ve always been a customer-driven company and I’m expecting this board of advisors will help improve our strategies and executions as we go to market with new solutions”, Reinharz said. The board will meet virtually on a quarterly basis beginning October 6, 2020.
The company may post important information about its subsidiary RAD on its website at www.radsecurity.com and through tweets from RAD President and CEO Steve Reinharz (https://twitter.com/SteveReinharz).
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.