Artificial Intelligence Technology Solutions Subsidiary RAD Partners with Grapefruit USA for Custom Cannabis Industry Solutions

HENDERSON, Nevada, August 5, 2020 — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices (RAD) has received an opening order and entered into an agreement to develop custom solutions for Grapefruit USA, Inc. (OTCQB:GPFT).

As part of the agreement, Grapefruit will be optimizing its existing and future security with RAD’s solutions, beginning with an order for two ROSA units to be delivered within ninety days.

Furthermore, RAD will use its artificial intelligence video analytics to develop specific solutions to industry challenges in co-development with Grapefruit. Details are still being worked out and will be announced when the solutions near completion in approximately six to twelve months.

“Grapefruit’s use of RAD will optimize our security and other facility operations while saving us time and money in the process,” said Bradley Yourist, co-founder and Chief Operating Officer of Grapefruit. “At this point in time, we are unable to disclose the depth of our project with AITX, but our long term goal is to capitalize on RAD’s technology to further help Grapefruit push the envelope in the cannabis industry. We strongly believe we will be able to use this new platform to create new revenue streams for Grapefruit in the future.”

“We’re thrilled that Grapefruit is our first client from the cannabis industry,” said Steve Reinharz, President of RAD. “The co-development project, based on significant input from Grapefruit, could be a serious part of the industry’s operating practices.”

RAD has a sales pipeline of over 35 Fortune 500 companies and numerous other potential clients. RAD expects to continue to attract new business as it converts its existing sales pipeline into paying customers. Each new Fortune 500 Customer has the potential of making numerous reorders over time.

The company may post important information about its subsidiary RAD on its website at www.radsecurity.com and through tweets from RAD President and CEO Steve Reinharz (https://twitter.com/SteveReinharz).

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.