Detroit, Michigan, Could 20, 2022 (GLOBE NEWSWIRE) — Synthetic Intelligence Know-how Options, Inc., (OTCPK:AITX), right now introduced that its wholly owned subsidiary Robotic Help Gadgets, Inc. (RAD) has signed a brand new licensed supplier and expects to obtain an order for at the least 8 ROSA safety robots from the supplier’s largest consumer inside days. The supplier and the top consumer consumer are positioned within the Detroit, Michigan space. The supplier has long-standing enterprise relationships with leaders within the automotive trade and extra particulars will probably be launched sooner or later.
“We’re gaining increasingly more consideration for the way our options are offering important worth and efficiency throughout the auto trade, coming from the sellers and the producers,” mentioned Mark Folmer, President at RAD. “We’re constructing a robust observe report and fame, and daily I see our momentum rising.”
Upon receipt of the anticipated preliminary order, this consumer will turn out to be RAD’s second main vehicle producer, including to RAD’s a number of regional and nationwide auto dealership purchasers. “Our plan to find the REX within the coronary heart of American manufacturing the place we might readily promote and reveal our options is working,” mentioned Steve Reinharz, CEO of AITX. “The calendar on the REX is booked with supplier and consumer conferences, and that’s the place we closed this superb alternative. I’ll be on the REX subsequent week, and I anticipate that further gross sales bulletins will comply with,” Reinharz added.
With the addition of the brand new licensed supplier, RAD’s supplier community has expanded to 41, masking the US, Canada, the UK, and the European Union.
RAD’s dad or mum firm AITX intends to file for itemizing on the OTCQB inside 10 days of submitting its YE2022 10-Okay which is predicted in Could.
ROSA is a compact, self-contained, transportable, safety and communication resolution that may be deployed in about quarter-hour. Like different RAD options, it solely requires energy because it consists of all vital communications {hardware}. ROSA’s AI-driven safety analytics embrace human and automobile detection, license plate recognition, responsive digital signage and audio messaging, and full integration with RAD’s software program suite notification and autonomous response library. Two-way communication is optimized for mobile, together with reside video from ROSA’s twin high-resolution, full-color, always-on cameras. RAD has printed two Case Research detailing how ROSA has helped get rid of cases of theft, trespassing and loitering at automotive rental areas and development websites throughout the nation.
Robotic Help Gadgets (RAD) is a high-tech start-up that delivers robotics and synthetic intelligence-based options that empower organizations to realize new perception, resolve advanced safety challenges, and gas new enterprise concepts at lowered prices. RAD developed its superior safety robotic know-how from the bottom up together with circuit board design, and base code growth. This permits RAD to have full management over all design components, efficiency, high quality, and the consumer’s expertise of all safety robots whether or not SCOT™, ROSA™, Wally™, Wally HSO™, AVA™, ROAMEO™, or RAD Gentle My Method™. Examine how RAD is reinventing the safety companies trade by downloading the Autonomous Distant Companies Trade Manifesto.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
This launch comprises “forward-looking statements” throughout the that means of Part 27A of the Securities Act of 1933, as amended, and Part 21E the Securities Trade Act of 1934, as amended and such forward-looking statements are made pursuant to the secure harbor provisions of the Non-public Securities Litigation Reform Act of 1995. Statements on this information launch aside from statements of historic truth are “forward-looking statements” which might be based mostly on present expectations and assumptions. Ahead-looking statements contain dangers and uncertainties that would trigger precise outcomes to vary materially from these expressed or implied by the statements, together with, however not restricted to, the next: the power of Synthetic Intelligence Know-how Options to offer for its obligations, to offer working capital wants from working revenues, to acquire further financing wanted for any future acquisitions, to satisfy aggressive challenges and technological modifications, to satisfy enterprise and monetary targets together with projections and forecasts, and different dangers. Synthetic Intelligence Know-how Options undertakes no obligation to replace any forward-looking assertion(s) and/or to substantiate the assertion(s) to precise outcomes or modifications in Synthetic Intelligence Know-how Options expectations.
About Synthetic Intelligence Know-how Options (AITX)
AITX is an innovator within the supply of synthetic intelligence-based options that empower organizations to realize new perception, resolve advanced challenges and gas new enterprise concepts. By means of its next-generation robotic product choices, AITX’s RAD, RAD-M and RAD-G corporations assist organizations streamline operations, enhance ROI, and strengthen enterprise. AITX know-how improves the simplicity and economics of patrolling and guard companies and permits skilled personnel to deal with extra strategic duties. Prospects increase the capabilities of current staffs and achieve increased ranges of situational consciousness, all at drastically lowered price. AITX options are nicely suited to use in a number of industries resembling enterprises, authorities, transportation, vital infrastructure, training, and healthcare. To study extra, go to www.aitx.ai, stevereinharz.com, www.radsecurity.com and www.radlightmyway.com, or comply with Steve Reinharz on Twitter @SteveReinharz.
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Steve Reinharz
949-636-7060
@SteveReinharz
