DETROIT, MI, Dec. 17, 2024 (GLOBE NEWSWIRE) — Robotic Assistance Devices, Inc. (RAD-I), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX) announced that it has secured an expansion order from a prominent healthcare provider ranked among the nation's top 25. The latest order builds on the initial deployment of RAD-I's RIO™ 360 solar-powered security tower announced in April of this year, with further expansion in July 2024.
This latest order reaffirms health care providers' confidence in RAD-I's innovative approach to enhancing safety and security throughout their facilities. Specific details of your order will remain confidential. However, the Company expects customers to order more than 40 RIO 360 units at multiple locations nationwide by the end of this fiscal year, which ends February 28, 2025. These deployments highlight the growing demand for RAD-I's advanced AI-driven solutions in the healthcare sector.
“RAD-I is thrilled to be working with RAD-I,” said Mark Follmer, CPP, PSP, FSyI, president of RAD-I. “As our solutions continue to deliver measurable performance and value, we are confident we will see even more adoption in healthcare and beyond.”
The client, which currently operates more than 300 locations across North America, has exclusively deployed RIO 360 systems in several of its facilities. Additionally, the client has expressed interest in deploying standalone ROSA™ devices in locations where RIO systems may not be an ideal fit, further expanding the scope of RAD-I's engagement with this leading healthcare provider. I will.
Vollmer continued, “We believe there is a significant opportunity to further assist this client in implementing SARA™ throughout their facility.As they test and evaluate the solution, we will continue to improve operational efficiency and security management. We are confident that our solution will prove its value in reducing costs and minimizing dependence on human resources while delivering superior results.”
RAD-I's expansion into the healthcare space underscores the company's commitment to providing innovative AI-powered security solutions to industries that require reliable and cost-effective technology. Masu. As we continue to execute our growth strategy, we expect to further strengthen our market presence across key areas.
Dual ROSA™ units are installed on top of the standard RIO 360 configuration. ROSA is a multi-award-winning, compact, self-contained, and portable security and communications solution that can be installed and activated in approximately 15 minutes. ROSA’s AI-driven security analytics include human, firearm and vehicle detection, license plate recognition, responsive digital signage and voice messaging, and full integration with RAD-I’s software suite notification and autonomous response libraries. It will be. Two-way communications are optimized for cellular, including live video from ROSA's high-resolution, full-color, always-on camera. RAD-I details six case studies detailing how ROSA has helped eliminate theft, trespassing, and loitering at retail stores, hospital campuses, multifamily communities, rental car offices, and construction sites across the country. I published my research.
Through its principal subsidiary, Robotic Assistance Devices, Inc. (RAD-I), AITX delivers approximately $50 billion (U.S.) in security and security services through a broad portfolio of innovative AI-driven Solutions-as-a-Service. We are redefining industry 1. business model. RAD-I solutions are specifically designed to provide enterprises with 35% to 80% cost savings compared to the industry's existing costly manned security protection and monitoring models. RAD-I delivers these significant cost savings through a range of stationary and mobile robotic solutions that complement, and sometimes directly replace, the need for personnel in machine-friendly environments. All RAD-I technology, AI-based analytics, and software platforms are developed in-house.
RAD-I has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other customer opportunities. RAD-I expects to continue attracting new business by converting existing sales opportunities into adopted customers and creating a recurring revenue stream. Each Fortune 500 customer is likely to place many reorders over time.
AITX is an innovator that provides artificial intelligence-based solutions that enable organizations to gain new insights, solve complex challenges, and drive new business ideas. AITX's RAD-I, RAD-R, RAD-M, and RAD-G companies help organizations streamline operations, increase ROI, and strengthen their businesses by delivering next-generation robotic products. AITX technology makes patrol and security services simpler and more economical, freeing up experienced personnel to focus on more strategic tasks. Customers can enhance the capabilities of their existing staff and gain higher levels of situational awareness while significantly reducing costs. AITX solutions are suitable for use in multiple industries including enterprise, government, transportation, critical infrastructure, education, and healthcare. For more information, visit www.aitx.ai, www.radsecurity.com, www.radcam.ai, www.stevereinharz.com, www.radgroup.ai, www.raddog.ai, and www.radlightmyway.com ,follow me. Steve Reinharz on Twitter @SteveReinharz.
Cautionary Disclosure Regarding Forward-Looking Statements
The information contained in this publication does not constitute an offer to sell or a solicitation of an offer to buy any 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 judgments and analyses. While the information provided herein is believed to be accurate and reliable, we make no representations or warranties of any kind, express or implied, as to its accuracy or completeness. We have no obligation to provide additional updates to recipients. No information in this publication should be construed as an indication of our future earnings, results of operations, or stock price.
###
Steve Reinharz
949-636-7060
@SteveReinharz
1 https://www.ibisworld.com/united-states/market-research-reports/security-services-industry/
