Artificial Intelligence Technology Solutions Inc.

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Artificial Intelligence Technology Solutions, Inc. engages in the provision of artificial intelligence (AI) solutions. It focuses on delivering AI driven technologies, paired with multi-use hardware and supported by custom software and cloud services, to intelligently automate and integrate security, concierge and operational tasks. The company was founded by John B. Crawford on March 25, 2010 and is headquartered in Ferndale, MI.

Initial Deployment of RIO Security Tower Marks the Beginning of Over 200 Potential Installations Across Multiple Locations

AITX's RAD Adds Another Fortune 100 Client with RIO Order

Deployments Slated for Decommissioned Schools in California Detroit, Michigan, July 02, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), has received an order for six RIO™ units from a recently signed dealer. This order will see the deployment of RAD's advanced, solar-powered security trailers at two decommissioned schools in California, enhancing security and monitoring of these premises.

AITX's RAD Receives Order for 6 RIO Units from Recently Signed Dealer

Strengthening Market Penetration Through 14 New Strategic Partners Detroit, Michigan, June 25, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), a global leader in AI-driven security and productivity solutions for enterprise clients along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), is proud to announce continued significant expansion of its distribution channel. RAD announces that over the past six months it has successfully expanded its distribution channel partners by 20%, further solidifying its access to clients, and positioning itself as a leader in the AI-driven security solutions market.

AITX's RAD Accelerates Expansion With 20% Growth of Channel Partners Over Six Months

Dublin, June 25, 2024 (GLOBE NEWSWIRE) -- The "Growth Opportunities in Email Security, Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. As the primary means of business communication, email is one of the main gateways for cybercrime and the primary vector of phishing attacks. Email can facilitate the spread of malware throughout an organization's network. Email security is a software platform that protects against malware and targeted cyberattacks, prevents access to inappropriate or unproductive content, and tracks and monitors communications for regulatory issues, compliance, and theft. An email security solution inspects incoming emails for malicious threats and secures outbound email traffic through encryption. Cloud email security has become essential as many organizations move to a cloud or hybrid email platform. Providers increasingly deliver email security solutions as a cloud or software-as-a-service (SaaS) product. The analysis examines the factors driving and restraining industry growth and identifies the growth opportunities emerging from this space for stakeholders. The base year is 2023, and the forecast period is 2024 to 2027. RESEARCH HIGHLIGHTS The email security industry analysis provides revenue breakdowns and forecasts by the following segments:

Email Security Market Analysis and Growth Opportunities Forecast to 2027 - Renewed Attack Methods and Artificial Intelligence Technology Developments Propel Growth Potential

Company Also Announces RMR Waiting Deployment of Over $125,000 Detroit, Michigan, June 17, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions for enterprise clients, is pleased to announce its unaudited operating revenue for the first quarter of fiscal year 2025 is 2.86 x greater than the same quarter in the prior fiscal year. The total unaudited revenue was $1,098,975 for Q1 FY 2025, ended May 31, 2024, compared to the same quarter, prior year revenue of $384,277.

AITX Announces Q1 FY 2025 Recurring Monthly Revenue Increase of 385% YoY, Announces First Ever Quarter of Over $1 Million in Total Revenue

Join the Revolution: RADCam Beta Test Program Opens for Applications Detroit, Michigan, June 13, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions Inc. (the “Company”) ( OTCPK:AITX ), a global leader in AI-driven security and productivity solutions, is excited to announce the launch of the Beta Test Program for RADCam, the first production home security camera from its subsidiary, RAD Residential Inc. (RAD-R). This innovative product is designed to reimagine home security with the power of AITX's proprietary Autonomous Intelligent Response (AIR™) technology.

AITX's RAD-R Opens Applications for RADCam™ Beta Test Program

New Case Study Unveils Artificial Intelligence's Ability for Dramatic Reductions in Crime and Costs, Revealing a 75% Reduction in Crime at Retail Properties

AITX's RAD Retail Center Client Praises Security Enhancements with RIO for Reducing Crime and Costs

Seamless Performance and Real-Time, Intelligent Surveillance Keep Attendees Safe Detroit, Michigan, June 10, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), is thrilled to announce the successful deployment of 4 RAD RIO ™ (ROSA Independent Observatory) solar-powered mobile surveillance units (MSU) during the 2024 CMA Fest in Nashville, Tennessee.  The CMA Fest, one of the most significant country music events in the world, saw tens of thousands of fans flock to Nashville for an unforgettable weekend of music and entertainment.

RIO Takes Center Stage with RAD's Security Solution Shining at CMA Fest

Detroit, Michigan, June 04, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), a global leader in AI-driven security and productivity solutions for enterprise clients along with wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD), today announced a strategic investment in Nightingale Security Inc ., a leader in autonomous aerial (drone) security systems. This investment follows a partnership announced in May , enhancing the commitment to delivering cutting-edge security solutions.

AITX Invests in Nightingale Security to Bolster Strategic Partnership and Enhance Global Autonomous Security Solutions

Detroit, Michigan, May 30, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), is excited to announce it has retained a consultant to prepare its application for SAFETY Act designation from the U.S. Department of Homeland Security (DHS) for its recently enhanced, state-of-the-art Firearm Detection software solution. Successful designation, which is expected sometime in 2024, would challenge the current monopoly position held by ZeroEyes in this designation.

AITX's RAD Announces Engagement for Department of Homeland Security SAFETY Act Designation for Firearm Detection Software Solutions

Company Reconfirms RMR Run Rate Increase of 505%, Significant Device Deployments, and Strategic Advancements in AI Security Solutions: Positions for Optimized Capital Raising with Form S-3 Filing

AITX Files FY2024 10-K and Form S-3

Enhanced AI Software Set and Double Authentication Feature Released to Revolutionize Security and Safety Detroit, Michigan, May 28, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), is pleased to announce significant enhancements in the performance and reliability of its firearm detection AI analytics. These improvements will be incorporated into RAD's popular line of security devices, including ROSA ™, RIO ™, AVA ™, and RADDOG ™, and will begin shipping in June.

AITX's RAD Announces First Paid Analytic based on Vast Improvements in Its Firearm Detection Speed & Accuracy

The Artificial Intelligence Technology Solutions (OTCMKTS: AITX) stock price has staged a strong bull run this year, helped by the strong demand for AI companies. It has soared by over 272% from its lowest level this year and is hovering near its highest point since July 2023.

AITX stock analysis: CEO salary raises some red flags

AIR Manifesto Now Available on AITX Website Detroit, Michigan, May 22, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), is excited to announce that AIR™ (Autonomous Intelligent Response) has become the core paradigm driving all client solutions across AITX and its subsidiaries. Fully detailed and downloadable on the AITX website as of today , AIR represents the concepts and applications that integrate artificial intelligence with autonomous response capabilities across various security and facility management applications and devices.

AITX Unveils AIR™ as the Core of Its Operations, Revolutionizing Industry Standards with Advanced Autonomous Solutions

AI-Based Innovation Available Soon in RAD and RAD-R Solutions Detroit, Michigan, May 15, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), is pleased to announce the biggest technology innovation it has ever developed which it is calling Autonomous Intelligent Response, abbreviated to AIR. AIR is the inevitable evolution of the Company's Autonomous Remote Services (ARS) paradigm by harnessing newly developed technological innovations to deliver intelligent human-like response in every applicable surveillance camera and RAD device.

AITX Announces Its Breakthrough AIR™ (Autonomous Intelligent Response) Technology

Doyle Security Services Orders Additional ROSA Security Robots for Retail Client Detroit, Michigan, May 14, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), is pleased to announce that recently signed dealer, Doyle Security Services (Doyle) has purchased additional ROSA ™ units to be deployed at a major retail center operator. The large retail space operator had been grappling with persistent issues of trespassing and illegal dumping, posing significant nuisances and financial burdens.

Recently Signed Dealer Sees Great Opportunities in RAD Security Solutions

Key Highlight: Recurring Monthly Revenue Run Rate Increased 505% Detroit, Michigan, May 10, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions is pleased to announce that its audited financial results for the fiscal year ended February 29, 2024, have been filed in an updated S-1 filed on May 9, 2024. The Company highlights robust growth and operational success as evidenced by FY2024 closing with a recurring monthly revenue (RMR) run rate of $283,624, marking an increase of over 500% from the previous year's $56,802.

AITX FY2024 Financials Released with Several Categories Showing Triple Digit Growth

Detroit, Michigan, May 09, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) ( OTCPK:AITX ), announces a strategic expansion of its market reach through a new partnership with Nightingale Security Inc . This collaboration leverages Nightingale's proven autonomous drone technology, which has seen increasing sales both in the U.S. and internationally. The partnership is set to explore and capture substantial opportunities across Africa, Europe, Australia, and Latin America.

Drone Leader Nightingale Security and AITX's Robotic Assistance Devices Announce Global Reach with Targeted Autonomous Security Solutions

The Biden administration plans to put guardrails on U.S.-developed artificial intelligence (AI) models that power popular chatbots like ChatGPT to safeguard the technology from countries such as China and Russia, Reuters has reported.

Explainer: How dependent is China on US artificial intelligence technology?

Detroit, Michigan, May 08, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX), is pleased to announce that it has signed a memorandum of understanding (MOU) agreement with Commend Americas (Commend), outlining the details of the strategic relationship between the two companies for mutual collaboration and growth.

New Markets: AITX's RAD Announces MOU to Collaborate with Commend Americas

Pricing Move Expected to Further Accelerate RAD's Penetration in the Mobile Surveillance Unit (MSU) Marketplace

AITX's RAD Passes Production Savings onto Customers with Updated Pricing for RIO™ Solar-Powered Security Towers

RAD's Single Largest Client has Placed Orders for 167 RAD Security Solutions Detroit, Michigan, May 01, 2024 (GLOBE NEWSWIRE) -- Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), is pleased to announce an expansion order has been received from a highly-respected Fortune 50 client. Specifically, RAD has received orders for an additional 10 RIO ™ units, a continuation of the client's nationwide rollout that began in the summer of 2023.

AITX's RAD Receives Large RIO Expansion Order from Fortune 50 Client

Up to 20,000 RADCam™ Set for Q3 Production and Holiday Selling Season Detroit, Michigan, April 25, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), a global leader in AI-driven security and productivity solutions, announces further details concerning its newly established subsidiary, Robotic Assistance Devices Residential, Inc. (RAD-R). With the fall production schedule set, the Company is preparing to meet the expected demand of the holiday selling season.

AITX Provides Sales Guidance for New Subsidiary RAD-R

Interview With SmallCapVoice.com Streaming on YouTube Now Detroit, Michigan, April 18, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), a global leader in AI-driven security and productivity solutions along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), is pleased to share that Steve Reinharz, CEO/CTO of AITX and RAD was recently interviewed by SmallCapVoice.com . This wide-ranging, fast-paced interview covers many of the issues facing the Company, and Reinharz discusses the potential of reaching the goal of achieving operational cash flow positivity this calendar year.

AITX CEO, Steve Reinharz, Sets Forth the Company's Path to Potential Cash Flow Positivity

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.

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