Robotic Assistance Devices Appoints New Chief Financial Officer

Anthony Brenz Named CFO

Henderson, Nevada, April 26, 2021 — Artificial Intelligence Technology Solutions, Inc., ( OTCPK:AITX ), today announced that its wholly-owned subsidiary Robotic Assistance Devices, Inc. (RAD) has appointed Anthony Brenz to the newly created position of Chief Financial Officer.

“We are very excited to have Tony join RAD. He will be a close advisor to me and an important member of RAD’s senior leadership team as we continue to expand and execute our growth strategy,” said Steve Reinharz, President and CEO of RAD. “Tony’s experience with helping build shareholder value will be critical as we grow and evaluate uplisting options and timing, among many other functional contributions that we expect.”

Brenz is an accomplished senior financial and operational executive with over 20 years of experience leading multiple areas of finance and operations, including corporate strategy, procurement and supply chain, human resources, and customer service.

“It’s thrilling to join RAD as it continues to increase its momentum,” said Brenz. “RAD has exceptional technology, an amazing team, a strong business model and a solid history, and I look forward to working with the team to execute on the company’s priorities, accelerate growth and enhance value for shareholders and all stakeholders.”

Brenz also brings to the company experience in team building and leading complex capital market transactions, M&A and joint ventures, as well as leadership of cross-functional business initiatives. Most recently, Brenz served as Vice President & Director of a $200M subsidiary of a publicly-traded, automotive supplier. Prior to that role, he held various financial positions including Chief Financial Officer & Vice President of Finance at Thomson Aerospace & Defense and Vice President & Director of Finance at MB Aerospace Holdings Inc.

As CFO, Brenz will lead RAD’s financial organization and will be responsible for accounting, treasury, financial planning and analysis, tax, and investor relations in addition to participation in various AITX duties and strategies.

Follow Steve Reinharz on Twitter @SteveReinharz for AITX updates.

Robotic Assistance Devices, Inc. (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 of design elements, performance, quality and the user’s experience of all security robots whether SCOT™, ROSA™, Wally™, Wally HSO™, AVA™, or ROAMEO™. Read about how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifesto.

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.