RAD Announces Strategic Partnership with Nightingale Security for Global Expansion

Detroit, Michigan, May 9, 2024 — Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX), announces a strategic expansion of its market reach through a new partnership with Nightingale Security Inc. This collaboration leverages Nightingale’s proven autonomous drone technology, which has seen increasing sales both in the U.S. and internationally. The partnership is set to explore and capture substantial opportunities across Africa, Europe, Australia, and Latin America.

The types of opportunities in the sales funnel and being pursued use a combination of autonomous detection by RAD’s RIO™ with autonomous dispatch to Nightingale’s autonomous drones. This expansion focuses on specific sectors where autonomous security solutions are not just advantageous but critical. This synergy will allow for low-cost, active patrols and response for large areas with little supporting infrastructure. Specifically, these include mining operations in Australia, Latin America, and Nigeria, oil and gas industries in Africa and Latin America, and critical infrastructures and defense across Africa, Europe, and Latin America. These regions present challenges such as vast, remote areas where traditional human guard deployment is impractical, making advanced automation the optimal solution.

“Our cooperation with Nightingale offers large clients a solution that brings autonomous solutions to dangerous security and surveillance assignments,” commented Steve Reinharz, CEO/CTO of AITX and RAD. “Although we’re following Nightingale’s lead in these international opportunities, we are equally enthusiastic about the growth prospects in the U.S. market.”

Jack Wu, co-founder, and CEO of Nightingale Security added, “Our collaborative efforts with RAD are set to redefine security standards globally. We are excited about the potential in these international markets and the revenue potential they represent. Our partnership underlines the significant impact and growth potential of our autonomous security solutions.”

The Companies noted that they expect to share specific sales information over the next few weeks.

The partners are committed to a long-term vision with typically three-year Robotics-as-a-Service (RaaS) contracts, underscoring their dedication to providing sustained, innovative security solutions worldwide.

For more information about this innovative partnership and to stay updated on further developments, please visit www.radsecurity.com and www.nightingalesecurity.com.

AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry’s existing and costly manned security guarding and monitoring model. RAD delivers these cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.

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.