Detroit, Michigan, Dec. 13, 2022 (GLOBE NEWSWIRE) — Synthetic Intelligence Expertise Options, Inc., (the “Firm”) (OTCPK:AITX), together with its wholly owned subsidiary, Robotic Help Units Inc. (RAD), performed an Investor Open Home and RAD Expertise Reveal earlier than an viewers of about 100 attendees. The viewers included a mixture of retail buyers and safety business dignitaries.
The occasion was held on the Firm’s manufacturing facility, the ‘REX’, positioned in Ferndale, Michigan. Your entire presentation was livestreamed on YouTube, and is on the market for viewing at https://youtu.be/4pTcf12xJdM
Attendees have been greeted by a ROAMEO on patrol in shut proximity to the parking zone. A ROSA 3.1 safety machine audibly and visibly welcomed guests exterior the REX entrance, and all have been checked-in through an AVA entry management unit within the foyer.
The Open Home featured displays by varied RAD executives together with Mark Folmer, RAD’s President, Tony Taylor, RAD’s COO, and Ravi Gade, RAD-G’s Director OEM Packages. Additionally presenting have been 2 RAD sellers, and the captain of AITX’s eSports group. Steve Reinharz, CEO of AITX and RAD was the emcee and host of the occasion.
“Wednesday’s Open Home and Expertise Reveal far exceeded our very excessive expectations,” mentioned Steve Reinharz. “Our plan was to pack in as a lot info, current developments and product bulletins as time would allow. From the suggestions I’ve acquired up to now, we hit a number of house runs.”
The primary occasion on the occasion was the general public introduction of RADDOG™, RAD’s quadruped robotic canine, developed particularly for the safety companies, logistics, utilities, and property administration industries. RADDOG integrates RAD-G’s RADPack plus the whole RAD ecosystem of connectivity. “Nobody within the safety business has seen something akin to RADDOG. This unimaginable innovation ties collectively all of RAD’s stationary and cellular options, opening up so many new alternatives for us,” Reinharz added.
Highlights of the occasion included demonstrations, updates and new resolution introductions together with:
- A evaluation of AITX’s ‘Why are we in enterprise”
- The Firm believes in missions which are worthwhile are value our time
- That AITX’s mission to work on labor associated challenges is worthy
- That being on the forefront of inevitable change is worth it
- The Firm’s subsidiary, RAD, focuses on a portion of those worthy undertakings
- The promotion of Troy McCanna, former FBI Agent, Multi-Jurisdictional Process Pressure Coordinator/Supervisor, to the place of RAD’s Chief Safety Officer
- RAD’s new branding package deal, positioning the corporate as a world-class tech group
- Updates of recent RAD merchandise on the Firm’s retailer https://shopaitx.com
- Safety and Danger Administration skilled Jeff Slotnick CPP, PSP, introduced perception on how the as soon as cussed business is transferring to adapt to RAD’s improvements
- Eddie Sorrells CPP, PSP, PSI, and COO of RAD seller DSI Safety Companies mentioned how deploying RAD’s autonomous units at buyer websites is usually the perfect resolution as an alternative choice to including extra manpower. Mr. Sorrells shared a case examine of how RAD ROSA deployments saved a shopper $150,000 yearly
- Raleigh Taylor, CEO of Premier Protecting Safety, Inc., additionally a RAD seller introduced how RAD options have helped cut back situations of trespassing by as much as 80% at his firm’s retail purchasers
- RAD carried out a firearm detection demonstration using a number of ROSA units and mentioned the impression of the Bailey’s Present marketing campaign
- An interactive demonstration of AVA’s enhanced noise cancelation know-how, lowering truck diesel engine and different ambient noises throughout a car test in and verification
- Mark Folmer introduced a video of RAD’s preliminary deployment of RIO Authentic and introduced a brand new resolution, RIO Mini, a cost-reduced, solar-powered safety tower
- Tony Taylor launched ROSS, RAD’s software program resolution enabling the thousands and thousands of IP safety cameras already deployed to have the flexibility to attach with the RAD ecosystem (RADSoC). ROSS empowers these non-RAD cameras to run the identical AI analytic capabilities as different RAD {hardware} options
- Ravi Gade supplied an replace on RAD-G’s launch into vertical OEM markets, initially focusing on the electrical car charging station producers
- Steve Reinharz commented on the success of ROAMEO 2.x, and introduced that growth has begun on ROAMEO 3.0, coming in Q3 of 2023
- AITX’s common eSports group members mentioned the impression that AITX and RAD know-how can have a complete technology of tech-savvy shoppers
- A number of RADDOG demonstrations have been performed, showcasing the good quadruped’s skill to autonomously ‘comply with’ a human, work together with distant monitoring personnel and be autonomously dispatched by one other RAD machine upon detecting a suspicious exercise
- Reinharz provided closing ideas relating to the Firm’s progress, trajectory, and drive in direction of profitability
“It was unimaginable to listen to, first-hand, from RAD sellers and business notables how RAD is actively reshaping the safety business,” mentioned Mark Folmer, CPP, FSyI, President of RAD. “The momentum is on our aspect proper now; our gross sales pipeline is full. These new product bulletins coupled with testimonials from these nice sellers ought to solely push issues additional and quicker.”
“These open home and tech reveal occasions are so enjoyable to execute. It’s invigorating to have the ability to current the end-result of our group’s wonderful work and creativity. I’m already planning the following collection of occasions,” Reinharz concluded.
AITX by its subsidiary, Robotic Help Units, Inc. (RAD), is redefining the $25 billion (US) safety and guarding companies business by its broad lineup of revolutionary, AI-driven Options-as-a-Service enterprise mannequin. RAD options are particularly designed to supply a value financial savings to companies of between 35%-80% when in comparison with the business’s present and expensive manned safety guarding and monitoring mannequin. RAD delivers this great prices financial savings through a collection of stationary and cellular robotic options that complement, and at occasions, straight change the necessity for human personnel in environments higher fitted to machines. All RAD applied sciences, AI-based analytics and software program platforms are developed in-house.
RAD has a potential gross sales pipeline of over 35 Fortune 500 corporations and quite a few different shopper alternatives. RAD expects to proceed to draw new enterprise because it converts its present gross sales alternatives into deployed purchasers producing a recurring income stream. Every Fortune 500 shopper has the potential of constructing quite a few reorders over time.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
This launch accommodates “forward-looking statements” inside the which means of Part 27A of the Securities Act of 1933, as amended, and Part 21E the Securities Alternate 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 apart from statements of historic reality are “forward-looking statements” which are primarily based 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 flexibility of Synthetic Intelligence Expertise Options to supply for its obligations, to supply working capital wants from working revenues, to acquire further financing wanted for any future acquisitions, to satisfy aggressive challenges and technological adjustments, to satisfy enterprise and monetary targets together with projections and forecasts, and different dangers. No info contained on this information launch must be construed as any indication by any means of the Firm’s future inventory worth, revenues, or outcomes of operations. Moreover, any business knowledge supplied herein is of no predictive worth relating to the long run sale of the Firm’s merchandise. Synthetic Intelligence Expertise Options undertakes no obligation to replace any forward-looking assertion(s) and/or to substantiate the assertion(s) to precise outcomes or adjustments in Synthetic Intelligence Expertise Options expectations.
About Synthetic Intelligence Expertise Options (AITX)
AITX is an innovator within the supply of synthetic intelligence-based options that empower organizations to achieve new perception, resolve complicated challenges and gas new enterprise concepts. Via its next-generation robotic product choices, AITX’s RAD, RAD-M and RAD-G corporations assist organizations streamline operations, improve ROI, and strengthen enterprise. AITX know-how improves the simplicity and economics of patrolling and guard companies and permits skilled personnel to concentrate on extra strategic duties. Clients increase the capabilities of present staffs and acquire larger ranges of situational consciousness, all at drastically lowered value. AITX options are effectively fitted to use in a number of industries resembling enterprises, authorities, transportation, essential infrastructure, training, and healthcare. To study extra, go to www.aitx.ai, www.stevereinharz.com, www.radsecurity.com,www.radgroup.ai, and www.radlightmyway.com, or comply with Steve Reinharz on Twitter @SteveReinharz.
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Steve Reinharz
949-636-7060
@SteveReinharz
- Synthetic Intelligence Expertise Options, Inc.
