Artificial Intelligence Technology Solutions, Inc. Subsidiary Robotic Assistance Devices Inc. Receives ROAMEO 2.0 Order for Major Hollywood Studio

Henderson Nevada, November 15, 2021 — Artificial Intelligence Technology Solutions, Inc., ( OTCPK:AITX ), today announced that its wholly-owned subsidiary Robotic Assistance Devices Inc. (RAD) has received an order from one of its authorized dealers for RAD’s ROAMEO 2.0 (Rugged Observation Assistance Mobile Electronic Officer). This dealer had committed to up to 20 ROAMEO units in a prior Letter of Intent (LOI).

This first of expected several ROAMEO units will be deployed within a major Hollywood studio whose name cannot be disclosed due to existing non-disclosure agreements.

“ROAMEO, being the first mobile device that is part of the RAD system of devices, is on track for many amazing deployments,” said Steve Reinharz, CEO of AITX and RAD. “Receiving this order during the first week of ROAMEO 2.0’s public tour was great. We expect to regularly announce more ROAMEO orders as we convert LOIs to firm orders and inevitably close more deals with other prestigious clients.”

ROAMEO 2.0 was unveiled to the public at last week’s NCS4 Conference in Phoenix, Arizona to an audience of spectator sport security executives. Due to the overwhelming reception of ROAMEO at NCS4, another conference at the same resort, the Association of Equipment Manufacturers requested an appearance of ROAMEO at their keynote address. Later this week, ROAMEO will be on exhibit at the IAAPA Expo, beginning November 16th in Orlando, Florida.

The company confirmed that the nation’s continuing labor shortage is forcing security services dealers and forward-thinking end users to seek alternatives to manned security guard positions. These alternatives include the use of autonomous, AI-driven robotic solutions. ROAMEO is a mobile security robot that is nearly 7 ft. tall and weighs over 700 lbs. According to the company, ROAMEO is built to autonomously patrol a property or periphery and survey its surroundings, conducting routine patrols, recording, and reporting back to the central command center.

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™, ROSA180™, Wally™, Wally HSO™, AVA™, ROAMEO™, and award-winning software tools including RAD Light My Way and the RAD Device Placement System. Read about how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifesto.

Follow Steve Reinharz on Twitter @SteveReinharz for AITX updates. Follow @SteveReinharz

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.