Robotic Assistance Devices Announces That Its ‘Quick Ship’ Turnaround Time in Full Operation

Henderson, Nevada, March 9, 2021 — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices (RAD) has successfully launched its ‘QuickShip’ order turn around process, utilizing the company’s enhanced procurement systems and new Irvine, California manufacturing facility.

“We introduced the concept of QuickShip back in early February, and it’s been very well received by our customers and prospects in the sales funnel,” said Steve Reinharz, President and CEO of RAD. “Two clients have taken immediate advantage of the program which has started with ROSA. These RAD solutions are deterring high-frequency security incidents the minute they’re installed. Who wouldn’t want to benefit from a reduction of incidents as quickly as possible, plus the added benefit of saving money right now?” Reinharz affirmed.

Both clients that took advantage of the quick-ship program have already reordered and RAD is finalizing case studies in which the clients share their experiences of immediate reduction of incidents.

RAD expects to confirm a move to a large scale manufacturing expansion within the next few weeks. Demand for its high-volume, entry-level devices including ROSA and AVA, as well as requirements for ROAMEO production are driving this expansion. This broad expansion into a comprehensive assembly facility, likely located in Michigan, provides central access to RAD’s largest markets as well as easy access from RAD’s R&D center outside of Toronto, Canada.

“The security industry is going through some changes and they’re happening quickly,” said Mark Folmer, CPP, FsyI and COO of RAD. “We needed to invent new ways to support the channel and end-users as they seek to reduce, even eliminate, costs wherever they can. And when they find out about RAD solutions and what they can do, they want them right now,” Folmer concluded.

Currently, RAD QuickShip is available for ROSA units. AVA is expected to be added to the program in April with Wally being added in May. SCOT will be added when the company is in the expanded production facility.

To learn more, visit www.aitx.ai and www.radsecurity.com, or follow Steve Reinharz on Twitter @SteveReinharz.

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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.