Artificial Intelligence Technology Solutions Announces RADCON 2021, First Global Sales and Marketing Conference

Detroit, Michigan, June 28, 2021 — Artificial Intelligence Technology Solutions, Inc., ( OTCPK:AITX ), today announced that its wholly-owned subsidiary Robotic Assistance Devices, Inc. (RAD) has launched RADCON 2021, the company’s first global sales and marketing conference. The event is taking place at RAD’s new manufacturing facility REX (RAD Excellence Center) in the metro Detroit area.

“This is a momentous day for RAD,” said Steve Reinharz, founder and CEO of RAD. “For the past 15 months, the company has been running remotely while growing exponentially. It’s a great pleasure to assemble critical parts of the RAD team in one room and talk through the strategies and tactics that will further accelerate our growth,” Reinharz added.

The company confirmed that the REX manufacturing plant is now fully operational, having recently transferred most production of its stationary robot devices to the much larger Detroit facility. “Not only is RADCON a chance for us to finally see our team members face to face, it’s also the first time many of us have had an opportunity to touch RAD devices like SCOT, Wally and ROAMEO,” said Mark Folmer, COO of RAD. “ROAMEO is an incredible achievement!” Folmer exclaimed.    

Reinharz commented that RADCON will run through Wednesday afternoon, with a packed agenda covering everything RAD from detailed product demonstrations to breakout sessions reviewing the company’s ‘Road to 500’ goal. “This is an all-star sales and marketing team, everything action we take gets us closer to the target of 500 units deployed by March of next year,” Reinharz added.

The company also stated that a few non-RAD employees were in attendance at RADCON 2021 and that additional announcements would be expected in the coming days.

Follow Steve Reinharz on Twitter @SteveReinharz for AITX updates. Follow @SteveReinharz

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™, ROSA180™, ROSA270™, 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.