{"id":411320,"date":"2021-01-08T15:39:40","date_gmt":"2021-01-08T20:39:40","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=411320"},"modified":"2021-01-08T15:39:40","modified_gmt":"2021-01-08T20:39:40","slug":"robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand\/","title":{"rendered":"Robotic Assistance Devices Announces That Previously Anticipated Order Is In Hand"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Robotic Assistance Devices Announces That Previously Anticipated Order Is In Hand<\/b><\/p>\n<p>HENDERSON, Nev.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nArtificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices (RAD) has received the previously anticipated order for a 5-unit RAD solution. This order was received via one of RAD\u2019s significant North American dealers.\n<\/p>\n<p>\n\u201cWe couldn\u2019t be any more elated in receiving this high profile order,\u201d said Steve Reinharz, President and CEO of RAD. \u201cOur corporate culture is to never take any order for granted, and this one is certainly no exception. I applaud this particular dealer and the RAD sales team\u2019s tenacity that was required to close this deal.\u201d\n<\/p>\n<p>\nA mix of SCOT, Wally and ROSA units will form a fully-integrated autonomous system, providing a secured distribution warehouse exclusively utilizing RAD solutions. This solution will save this client hundreds of thousands of dollars every year when compared to traditional solutions.\n<\/p>\n<p>\nSpecifics of the purchase agreement were not disclosed, but Reinharz added \u201cThis opportunity is scheduled to deploy before the end of February 2021, and I believe is just the tip of the iceberg for what the RAD sales funnel can deliver in 2021.\u201d\n<\/p>\n<p>\nCAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS\n<\/p>\n<p>\nThis release contains &#8220;forward-looking statements&#8221; within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are &#8220;forward-looking statements&#8221; that are based on current expectations and assumptions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of Artificial Intelligence Technology Solutions to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. Artificial Intelligence Technology Solutions undertakes no duty to update any forward-looking statement(s) and\/or to confirm the statement(s) to actual results or changes in Artificial Intelligence Technology Solutions expectations.\n<\/p>\n<p><b>About Artificial Intelligence Technology Solutions (AITX)<\/b><\/p>\n<p>\nAITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX\u2019s RAD and RAD-M companies help organizations streamline operations, increase ROI and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services, and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education and healthcare. To learn more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.roboticassistancedevices.com&amp;esheet=52359012&amp;newsitemid=20210108005543&amp;lan=en-US&amp;anchor=www.roboticassistancedevices.com&amp;index=1&amp;md5=6f83e7d8d75d6b629b94d07b2ab96a4d\">www.roboticassistancedevices.com<\/a> or follow us on Twitter @RADbotsecurity.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210108005543r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210108005543\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210108005543\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations Contact<br \/>\n<\/b><br \/>The Waypoint Refinery, LLC<br \/>\n<br \/>(845) 397-2956<br \/>\n<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.thewaypointrefinery.com&amp;esheet=52359012&amp;newsitemid=20210108005543&amp;lan=en-US&amp;anchor=www.thewaypointrefinery.com&amp;index=2&amp;md5=e3839fd152a1af90e06646db270ada5c\">www.thewaypointrefinery.com<\/a><\/p>\n<p><b>Steve Reinharz<br \/>\n<\/b><br \/>949-636-7060\n<\/p>\n<p><b>KEYWORDS:<\/b> Nevada United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Security Hardware Other Technology Technology Software<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210108005543\/en\/783394\/3\/RAD_Logo_New_Portrait.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Robotic Assistance Devices Announces That Previously Anticipated Order Is In Hand HENDERSON, Nev.&#8211;(BUSINESS WIRE)&#8211; Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices (RAD) has received the previously anticipated order for a 5-unit RAD solution. This order was received via one of RAD\u2019s significant North American dealers. \u201cWe couldn\u2019t be any more elated in receiving this high profile order,\u201d said Steve Reinharz, President and CEO of RAD. \u201cOur corporate culture is to never take any order for granted, and this one is certainly no exception. I applaud this particular dealer and the RAD sales team\u2019s tenacity that was required to close this deal.\u201d A mix of SCOT, Wally and ROSA units will form a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Robotic Assistance Devices Announces That Previously Anticipated Order Is In Hand&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-411320","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Robotic Assistance Devices Announces That Previously Anticipated Order Is In Hand - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Robotic Assistance Devices Announces That Previously Anticipated Order Is In Hand - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Robotic Assistance Devices Announces That Previously Anticipated Order Is In Hand HENDERSON, Nev.&#8211;(BUSINESS WIRE)&#8211; Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices (RAD) has received the previously anticipated order for a 5-unit RAD solution. This order was received via one of RAD\u2019s significant North American dealers. \u201cWe couldn\u2019t be any more elated in receiving this high profile order,\u201d said Steve Reinharz, President and CEO of RAD. \u201cOur corporate culture is to never take any order for granted, and this one is certainly no exception. I applaud this particular dealer and the RAD sales team\u2019s tenacity that was required to close this deal.\u201d A mix of SCOT, Wally and ROSA units will form a &hellip; Continue reading &quot;Robotic Assistance Devices Announces That Previously Anticipated Order Is In Hand&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-08T20:39:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210108005543r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Robotic Assistance Devices Announces That Previously Anticipated Order Is In Hand\",\"datePublished\":\"2021-01-08T20:39:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand\\\/\"},\"wordCount\":554,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210108005543r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand\\\/\",\"name\":\"Robotic Assistance Devices Announces That Previously Anticipated Order Is In Hand - 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I applaud this particular dealer and the RAD sales team\u2019s tenacity that was required to close this deal.\u201d A mix of SCOT, Wally and ROSA units will form a &hellip; Continue reading \"Robotic Assistance Devices Announces That Previously Anticipated Order Is In Hand\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-08T20:39:40+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210108005543r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Robotic Assistance Devices Announces That Previously Anticipated Order Is In Hand","datePublished":"2021-01-08T20:39:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand\/"},"wordCount":554,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210108005543r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/robotic-assistance-devices-announces-that-previously-anticipated-order-is-in-hand\/","name":"Robotic Assistance Devices Announces That Previously Anticipated Order Is In Hand - 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