Artificial Intelligence Technology Solutions' Subsidiary RAD Signs Protos Security as Dealer

Henderson, Nevada, January 6, 2021 — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices (RAD) has signed Protos Security as a dealer for the entire suite of RAD products. Protos Security is a leader in nationwide security guard management, specializing in putting retail and commercial clients back in control of their security guard program by providing oversight to fulfill any assignment requested, reduce costs, increase incident reporting and ultimately deliver the peace of mind they expect.

“We are thrilled to have signed with RAD and look forward to presenting their autonomous security solutions to our end-users and prospects,” said Nathaniel Shaw, Protos Security CEO. “One of our large facility property management partners referred us to RAD, and RAD’s innovative approach in providing cost-efficient, easy to deploy solutions is a perfect fit for us.”

“RAD is delighted to now call Protos a dealer,” said Steve Reinharz, President and CEO of RAD. “It’s exhilarating when you consider the wide range of opportunities that Protos and RAD can now deliver to end-users. Protos has built a modern approach to providing security services that is well aligned with RAD’s innovative hardware and software solutions.”

Details of the agreement were not disclosed, but the company confirmed a RAD unit will be initially delivered to Protos as part of the dealer agreement, with additional orders anticipated immediately following. Reinharz added “We are confident this relationship will yield amazing results for both Protos and RAD in 2021.”

About Protos Security
Protos Security, a portfolio company of Southfield Capital is a technology enabled security services company offering managed, monitored, and direct guard security program solutions for a wide spectrum of customers across North America. Protos Security prides itself on delivering a high touch service, actionable insights, transparency and program flexibility for its clients. For more information on customized solutions to protect your business, please visit www.protossecurity.com. 

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, 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.