Leaving Las Vegas

AITX's RAD Emerges Victorious from ISC West 2024, Unveiling Unprecedented Expansion Opportunities

New and Expansion Opportunities from Security Trade Show Approaches 1000 Units

Detroit, Michigan, April 16, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX), returned triumphant from its participation at ISC West 2024, marking a watershed moment in the Company's journey towards unparalleled growth and innovation. The annual gathering, renowned as the premier event for the security industry, served as a platform for RAD to showcase its cutting-edge lineup of AI-powered security and safety solutions and to forge lucrative connections with industry leaders and stakeholders. Following the successful event, RAD is thrilled to announce a wave of expansion opportunities and prospective contracts, illuminating a path towards extraordinary market penetration and influence across a diverse array of sectors. With a resounding testament to the power of innovation and strategic partnerships, RAD's presence at ISC West 2024 has initiated a seismic shift in the landscape of autonomous intelligent security, potentially propelling the Company towards unprecedented heights of success and prosperity.

“We go into every trade show with great optimism, but this ISC West surpasses all previous show appearances,” said Steve Reinharz, CEO of AITX and RAD. “The confidence that the entire RAD team projected was well received by the clients and prospects we met with. From all account, the RAD sales funnel is swiftly flowing with these opportunities nearing the goal line of increased RMR and potential cash flow positivity.”

Highlights and Analysis of RAD at ISC West 2024

• High Demand for ROSA: ROSA units continue to show the highest demand among all device types, with significant interest from sectors including property surveillance, educational institutions, and automotive industries.
• Continued, Accelerating Interest in RIO: RIO devices are also gaining traction, particularly within the automotive sector and in various security services, indicating a broad acceptance of this technology in robust security solutions.
• Consistent Market Penetration for AVA: AVA, RAD’s outdoor access control solution experienced steady interest, especially from sectors such as critical infrastructure security and logistics.