Robotic Assistance Devices Receives First Auto Dealership Order

Robotic Assistance Devices Receives First Auto Dealership Order

Henderson, Nevada, November 10, 2020 — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), is pleased to announce that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received an order for two ROSA units to be deployed at an automotive sales and rental facility that is part of a chain of businesses across Southern California.

“These multiple RAD ROSA deployments will significantly improve our security at a fraction of the cost of many other solutions,” said Brett Lippel, President of Midway Auto Group. “We also like that we can utilize the system as an advertising platform and include messaging and promotions on the units during business hours.”

According to the company, ROSA is the ultimate autonomous response device and the first and only completely self-contained security and communication device in the market. The unit’s 180° field of view enables greater visibility and surveillance of a property and its AI-driven human, vehicle and license plate detection captures and records all activity.

“The placement of these ROSA units at Midway Auto Group opens an exciting vertical market for RAD to address,” said Steve Reinharz, President of RAD. “With additional deployments, we hope to soon have data showing significant security improvements that the entire industry will take notice of. There is no other security solution like ours and RAD is perfectly suited for this market.”

RAD recently commented that its overall sales funnel continues to accelerate, and it is foreseeable that the Q3 ending sales plus contracts number may exceed the 133% growth noted in a prior press release. Furthermore, the company directs attention to www.radroameo.com for additional details on the rollout of its outdoor security robot, ROAMEO.

The company may post important information about its subsidiaries RAD-M and RAD on the websites www.radroameo.com and www.radsecurity.com and through tweets from RAD/RAD-M President and CEO Steve Reinharz (https://twitter.com/SteveReinharz)

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.