Artificial Intelligence Technology Solutions Partners With Centralized Vision to Expand Premium Service Offerings

HENDERSON, Nevada, September 29, 2020 — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), is pleased to announce that its wholly-owned subsidiary Robotic Assistance Devices (RAD) is now offering its customers an expanded suite of managed remote services through a partnership formed with third-party monitoring pioneer Centralized Vision.  The deal marks the first time end users and guarding companies without central stations can access remote managed services.

“With this deal, we can offer our customers more value through greater access to premium monitoring services,” said Steven Reinharz, President and CEO of RAD. “This relationship will provide current and new customers with enhanced tools and services that, up until now, have only been available to clients of the largest guarding services.”

Centralized Vision offers real-time remote response services to protect property and assets and provide advanced access control services. This human element serves as a force multiplier for site protection and supplements the services offered by RAD’s existing guarding dealer base. In preparation of this announcement, RAD’s sales team has proposed this service extension to a variety of private and public entities.

“RAD brings tremendous value to this partnership through its detection algorithm fueled by artificial intelligence to provide one of the lowest rates of false positives in the industry,” said Tom Vigilante, president and co-founder of Centralized Vision. “Their automated services shorten response times to offer the highest levels of protection for our customers.”

Combining RAD’s platform with Centralized Vision’s services unlocks significant new capabilities that leverage RAD’s automation technology with Centralized Vision’s human response. For example, RAD devices are usually deployed to provide autonomous analysis and response upon detection of trespassers. By integrating with Centralized Vision, clients can choose to escalate the warnings with a human follow up response.

Terms of the agreement were not announced, however Reinharz added “RAD will share in the revenue generated via these new monitoring contracts, and we anticipate that this increase in revenue for RAD to be very profitable to the company.”

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.