Robotic Assistance Devices Indicates that Momentum for Products Accelerates

Henderson, Nevada, February 12, 2021 — Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) today announced that its wholly-owned subsidiary Robotic Assistance Devices (RAD) is experiencing an acceleration of activity and demand across all product offerings.

In late January, through a press release, RAD announced new orders for their ROSA and AVA Autonomous Remote Services solutions., today the company announces additional new orders and new channel partners.

“It was only a few weeks ago that I commented that 2021 was off to a great start for RAD. I’d like to reaffirm that and say that February is on course to be remarkable for the company,” said Steve Reinharz, Founder and President of RAD. “These are big steps in our goal of becoming a ubiquitous part of every facility services program.”

Two new authorized dealers have been announced, NexGen Security Solutions in Oakville, Ontario, Canada and Servexo Protective Services, headquartered in Gardena, California. These boutique dealers join the largest security companies in the world as RAD dealers. Furthermore RAD has signed up an additional four independent sales consultants.

Since signing with RAD, NexGen Security Solutions has ordered a total of five RAD devices, consisting of two ROSAs, one Wally and two AVA units. According to the company, the AVA units will be deployed at a logistics end-user in the greater Toronto area, while the ROSAs will take up positions at an auto dealership and a residential community.

A Southern California RAD dealer also placed an AVA order within the last week.

Additionally, repeat orders for two new ROSA units have been received from Midway Auto Group, a southern California auto reseller with fifteen locations. The first two ROSA units previously deployed have been successful and this is the first of what can be several follow on orders.

The construction company that previously ordered two ROSA units has recently placed an additional three orders.

Furthermore the company announces it is in final negotiations with a Fortune 100 company to deploy an additional nine (9) Wally with Health Screening Option (WHSO) solutions to that company’s current two (2) WHSO units. These expansion purchases will provide a substantial lift to AITX’s fiscal first quarter revenues. The company will make a separate announcement when this agreement is confirmed.

“Our fiscal year-end is February 28 and it appears likely that this will be the best order intake month in RAD’s history,” Reinharz continued. “There remain several significant opportunities that I expect we will close this month.”

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.