Henderson Nevada, November 19, 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 Civitas PSG, one of the largest security companies in Romania for a ROAMEO 2.0 (Rugged Observation Assistance Mobile Electronic Officer).
This dealer had committed to up to 3 ROAMEO units in a prior Letter of Intent (LOI). This will be RAD’s first ROAMEO deployment in the European market. “We are very excited to roll out ROAMEO to our clients and prospects,” said Rene Pasculescu, CEO at Civitas Group. “We’ve enjoyed working with RAD since we signed as a dealer late last year, having deployed a few devices. Now that ROAMEO is available, we should see even greater results.”
This is RAD’s second announced ROAMEO order in a single week. One ROAMEO unit has been on a nationwide promotional tour, having helped secure Truist Park in Atlanta for Games 3 and 4 of the World Series in October. Today, ROAMEO completes its successful exhibition at the IAAPA Expo in Orlando, having participated at two unique industry conferences last week.
“The public launch of ROAMEO 2.0 has been incredible,” said Steve Reinharz, CEO of AITX and RAD. “This order from Civitas, our great dealer in Romania, will open up so many new opportunities for RAD and ROAMEO to gain exposure. Now that ROAMEO has been released we can expect much more going forward.”
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.
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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.
