Richtech Robotics Signs Letter of Intent with Ghost Kitchens International Inc. to Revolutionize Dining Experience - Seite 2

According to the framework of the LOI, Richtech Robotics will keep the ADAM beverage system running through programming, maintenance, and repair, while Ghost Kitchens continues its role managing staff, location logistics, and associated leasing within Walmart. ADAM will operate through a fully integrated touchscreen POS for ordering and payments, make customized beverages on demand, as well as offer its intelligent conversation AI with voice activation and natural language processing. Ghost Kitchens staff will be fully trained to work the ADAM, with Richtech committed to serving as a standing resource in real-time for any needed support.

The implementation of the LOI is subject to, among other matters, the negotiation of a definitive agreement of both companies, as and when applicable. There can be no assurance that a definitive agreement will be entered into or that the LOI will be implemented on the terms or timeframe currently contemplated, or at all.

For more information, please visit https://www.richtechrobotics.com/.

About Richtech Robotics
Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction.

About Ghost Kitchens International
With restaurants across Canada and the US, Ghost Kitchens is poised to expand to open over 240 more in 2024 in the US, and pilot kitchens in Europe, Asia, and India. Each restaurant features multiple national brands made to order, a single operator, innovative front and back of house technology, and walk-in and delivery customers. For more information go to www.ghostkitchenbrands.com.

Forward Looking Statements
Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties.