{"id":479650,"date":"2021-04-21T09:03:40","date_gmt":"2021-04-21T13:03:40","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/robotic-assistance-devices-receives-opening-order-from-recently-signed-dealer-st-moritz-security-services\/"},"modified":"2021-04-21T09:03:40","modified_gmt":"2021-04-21T13:03:40","slug":"robotic-assistance-devices-receives-opening-order-from-recently-signed-dealer-st-moritz-security-services","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/robotic-assistance-devices-receives-opening-order-from-recently-signed-dealer-st-moritz-security-services\/","title":{"rendered":"Robotic Assistance Devices Receives Opening Order from Recently Signed Dealer St. Moritz Security Services"},"content":{"rendered":"

<\/p>\n

Robotic Assistance Devices Receives Opening Order from Recently Signed Dealer St. Moritz Security Services<\/b><\/p>\n

HENDERSON, Nev.–(BUSINESS WIRE<\/a>)–
\nArtificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) today announced that its wholly-owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received a 5-unit order from recently signed authorized dealer, St. Moritz Security Services, Inc.\n<\/p>\n

\n\u201cIt was just last month when we signed on to become an authorized RAD dealer, and we knew that we had a few good opportunities where we could place RAD solutions,\u201d said Matthew Schwartz, CEO at St. Moritz. \u201cWe are really pleased with how rapidly our clients have embraced the RAD product offering and are ready for deployment,\u201d Schwartz concluded.\n<\/p>\n

\nSpecifics of the purchase agreement were not disclosed, but the company confirmed that the order is comprised of three ROSA units, plus two AVA units. The end-users where these units will be deployed are a logistics\/distribution warehouse and a HOA community. ROSA<\/a> (Responsive Observation Security Agent) is a compact, self-contained, security and communication solution that can be deployed in about 15 minutes. Its AI-driven security systems include human and vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD\u2019s software suite notification and response library. Two-way communication is optimized for cellular, including live video from ROSA\u2019s dual high-resolution, full-color, always-on cameras. AVA<\/a> (Autonomous Verified Access) is an ultra-compact, stanchion mountable unit that provides an edge-to-edge 180\u00b0 field of vision with advanced access control over gates, doors and other controlled entries.\n<\/p>\n

\n\u201cWe knew that we\u2019d see great results with St. Moritz,\u201d said Jordan Lippel, VP Security Solutions of RAD. \u201cThis nice initial order is an indication that we are going to have a solid relationship going forward.\u201d\n<\/p>\n

\nSt. Moritz achieved over $100 million in annual revenue in 2019, which ranks them as one of the largest American-owned security companies in the U.S. and in the top 2% of all security companies worldwide. St. Moritz has thirty offices nationwide, and covers the entire U.S. and Canada.\n<\/p>\n

\nRobotic Assistance Devices (RAD) is a high-tech start-up that delivers robotics and artificial intelligence-based solutions that empower organizations to gain new insight, solve complex security challenges, and fuel new business ideas at reduced costs. RAD developed its advanced security robot technology from the ground up, including circuit board design and base code development. This allows RAD to have complete control over all of design elements, performance, quality and the user\u2019s experience of all security robots, whether SCOT\u2122, ROSA\u2122, Wally\u2122, Wally HSO\u2122, AVA\u2122 or ROAMEO\u2122. Read about how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifesto<\/a>.\n<\/p>\n

\nCAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS\n<\/p>\n

\nThis release contains “forward-looking statements” 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 “forward-looking statements” 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, to meet business and financial goals including projections and forecasts, 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

About Artificial Intelligence Technology Solutions (AITX)<\/b><\/p>\n

\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 www.aitx.ai<\/a> and www.roboticassistancedevices.com<\/a>, or follow Steve Reinharz on Twitter @SteveReinharz<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210421005375\/en\/<\/a><\/span><\/p>\n

\nInvestor Relations Contact
\n
The Waypoint Refinery, LLC
\n
845-397-2956
\n
www.thewaypointrefinery.com<\/a><\/p>\n

\nSteve Reinharz
\n
949-636-7060\n<\/p>\n

KEYWORDS:<\/b> United States North America Nevada<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Mobile\/Wireless Security Photography Audio\/Video Software Internet Hardware Data Management<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Robotic Assistance Devices Receives Opening Order from Recently Signed Dealer St. Moritz Security Services HENDERSON, Nev.–(BUSINESS WIRE)– Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) today announced that its wholly-owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received a 5-unit order from recently signed authorized dealer, St. Moritz Security Services, Inc. \u201cIt was just last month when we signed on to become an authorized RAD dealer, and we knew that we had a few good opportunities where we could place RAD solutions,\u201d said Matthew Schwartz, CEO at St. Moritz. \u201cWe are really pleased with how rapidly our clients have embraced the RAD product offering and are ready for deployment,\u201d Schwartz concluded. Specifics of the purchase agreement were not disclosed, but the company … <\/p>\n

Continue reading “Robotic Assistance Devices Receives Opening Order from Recently Signed Dealer St. Moritz Security Services”<\/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-479650","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRobotic Assistance Devices Receives Opening Order from Recently Signed Dealer St. Moritz Security Services - 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-receives-opening-order-from-recently-signed-dealer-st-moritz-security-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Robotic Assistance Devices Receives Opening Order from Recently Signed Dealer St. Moritz Security Services - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Robotic Assistance Devices Receives Opening Order from Recently Signed Dealer St. Moritz Security Services HENDERSON, Nev.–(BUSINESS WIRE)– Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) today announced that its wholly-owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received a 5-unit order from recently signed authorized dealer, St. Moritz Security Services, Inc. \u201cIt was just last month when we signed on to become an authorized RAD dealer, and we knew that we had a few good opportunities where we could place RAD solutions,\u201d said Matthew Schwartz, CEO at St. Moritz. \u201cWe are really pleased with how rapidly our clients have embraced the RAD product offering and are ready for deployment,\u201d Schwartz concluded. 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