May 9, 2021

Gp Delivers

The excellent automotive artisans

Robotic Assistance Devices’ ROSA Proves Its Value in Automotive Applications

Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices (RAD) has published a case study featuring RAD’s client Midway Car Rental, the largest independently owned car rental company in Southern California, with 15 locations. This case study summarizes how the deployment of two RAD’s ROSA devices has had an immediate and significant impact on security and safety at the premium auto rental company’s showrooms and lots. Sean Perez, Midway’s General Manager, commented, “We needed to protect our vehicles, but even more importantly, we had to ensure the safety of our employees and clients.”

Auto dealers and service centers are often overwhelmed by the costly and dangerous instances of theft, trespassing and vagrancy on their properties. RAD’s ROSA is a breakthrough in autonomous security devices, complementing and at times fully replacing traditional security guards. “Damage to vehicles, graffiti on the exterior of the building, the homeless tampering with our electrical outlets to charge their phones, trash left around the property – that’s all gone since we put the ROSAs in,” Perez concluded.

“This case study summarizes what we expect all clients will experience once they’ve deployed a RAD device,” said Jordan Lippel, Vice President of RAD. “It’s a win-win situation, seeing the combination of immediate improvements in security along with legitimate cost savings, it’s the perfect scenario.”

Midway Car Rental has an additional two ROSA units about to be deployed at their Newport Beach location, and expects to expand further to other existing and future planned locations. “The opportunity for ROSA at new and used car dealerships like Midway is phenomenal. Once the industry sees what ROSA and the other RAD solutions can do to enhance security and cut costs, watch out,” said Mark Folmer, RAD’s COO. According to NADA, in 2020 there were over 16,600 new car dealerships in the U.S., and ISISWorld estimates over 123,000 used car dealers throughout the U.S.

The complete case study can be accessed online at
https://roboticassistancedevices.com/case-study-midway-car-rental/

Follow Steve Reinharz on Twitter @SteveReinharz for $AITX updates.

Robotic 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’s experience of all security robots whether SCOT™, ROSA™, Wally™, Wally HSO™, AVA™, or ROAMEO™. Read about how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifesto.

CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

This 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.

About Artificial Intelligence Technology Solutions (AITX)

AITX 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’s 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 and www.roboticassistancedevices.com, or follow Steve Reinharz on Twitter @SteveReinharz.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210406005391/en/

Contacts

Investor Relations Contact
The Waypoint Refinery, LLC
845-397-2956
www.thewaypointrefinery.com

Steve Reinharz
949-636-7060