Henderson Nevada, December 8, 2021 — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices Inc. (RAD) has received an order for a ROAMEO 2.0 (Rugged Observation Assistance Mobile Electronic Officer) from a California-based casino operator.
The company confirmed that the client for this ROAMEO deployment initially met with RAD representatives at the IAAPA (International Association of Amusement Parks and Attractions) Expo in mid-November of this year. “Last month we showed ROAMEO to many potential clients, it was a huge public launch,” said Steve Reinharz, CEO of AITX and RAD. “The fact that we’ve been able to secure a major casino operator with a ROAMEO order just three weeks later is phenomenal.”
The company also commented that this ROAMEO will be utilized by the casino to patrol their parking lots, detect, and deter suspected trespassers in secured areas, and provide guest services to casino visitors as they move from the parking lots to the casino floor or hotel. “Since this ROAMEO placement will be in a highly visible area, we expect to be able to identify the end-user once ROAMEO has been deployed,” Reinharz added.
“Our sales pipeline is loaded with other gaming and attraction industry prospects and that we discovered during ROAMEO’s recent roadshow,” said Mark Folmer, RAD President and COO. “They’re telling us that they’re ready for a smart, affordable solution that performs like ROAMEO, we’re more than happy to oblige them.”
ROAMEO is a mobile security robot that is nearly 7 ft. tall and weighs over 700 lbs. According to the company, ROAMEO is built to autonomously patrol a property or periphery and survey its surroundings, conducting routine patrols, recording, and reporting back to the central command center.
Robotic Assistance Devices (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 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, to meet business and financial goals including projections and forecasts, 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.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX’s RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit www.aitx.ai, www.roboticassistancedevices.com and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.