Artificial Intelligence Technology Solutions Subsidiary Secures Initial Order
RENO, NV, December 18, 2018 – Artificial Intelligence Technology Solutions (OTCPK: AITX) announced that its wholly owned subsidiary, Robotic Assistance Devices (RAD), recently received a preliminary order of one SCOT™ unit and two Wally SCOT™ units.
This order was placed by a multi-billion dollar company that operates over 1,000 locations and employs more than 100,000 individuals.
The first Scot™ unit was recently deployed and immediately succeeding in eliminating targeted criminal behaviors as desired by the end user.
The total potential value from this order assuming the client uses the units for the full 4 year life is roughly $100,000. This deployment is for an initial 3 of the client’s locations. Assuming the client is satisfied, RAD is discussing future deployments which over the next 3 years could have a combined total potential value over the life of the deployment units of approximately $8,000,000.
“This is notable as it is the first RAD deployment in an environment that typically could not afford a responsive security solution,” said Steve Reinharz, President and CEO of RAD. “I believe there are well over 500,000 applications that exactly mirror this situation.”
Note that RAD will be releasing details on its newest hardware addition by the end of January 2019.
RAD is successfully winning large multi-billion dollar clients who enjoy cost savings of 75% to 80% by using RAD products and technology as compared to their existing legacy security costs. RAD’s product sales life cycle for large clients follows several steps; first clients test out a small number of units usually one or two in a single or so location, then deploy to several more locations and if satisfied start to plan for larger deployments with the objective of capturing company wide savings by maximizing unit deployments across numerous sites and thus benefiting from significant cost savings company wide. At this point in RAD’s growth cycle, several large clients have already successfully ordered units and have also successfully reordered units as they are working to increase the number of sites that are equipped with RAD’s products. RAD is already discussing company wide deployment with a number of clients and management believe it is only a matter of time before clients start to place significantly larger unit orders as they enter into the company wide deployment phase.
The company may post important information about its subsidiary RAD on its website at www.RoboticAssistanceDevices.com and through tweets from RAD President and CEO Steve Reinharz (https://twitter.com/SteveReinharz)

