Categories
Illustration

AITX announces up to 35 additional ROSA units for the school | Pro Club Bd

DETROIT, Michigan, July 26, 2022 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX), along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced that net proceeds from the company’s ROSA NFT program will benefit the expansion of Bailey’s Gift will. Campaign. The campaign sought to donate 10 ROSA security robots with firearm detection capabilities to underfunded or at-risk K-12 schools across the United States. The program, Bailey’s Gift, is named in memory of Bailey Holt, who was shot dead by a gunman on January 23, 2018 during the Marshall County High School shooting in rural Kentucky.

“The response to the Bailey’s Gift campaign has been overwhelming, with dozens of entries from across the country,” said Steve Reinharz, CEO of AITX and RAD. “Joining funds from the ROSA NFT sale with Bailey’s Gift is an exciting opportunity to expand both programs and fund up to thirty-five additional units for schools that need this technology.”

An NFT is an asset verified using blockchain technology, where a network of computers records transactions and provides buyers with proof of authenticity and ownership. The current boom mainly affects digital assets, including images. NFTs make digital artworks unique and therefore salable. Buyers of the ROSA NFT will own a blockchain-verified unique piece of technological art based on a one-of-a-kind security solution that is taking the security services and property management industry (#PROPTECH) by storm.

The company said 3,333 units of the ROSA NFT will be minted, with 123 allocated to team members and VIPs and the remaining 3,210 open to the public. The ROSA NFT sale will continue until sold out. The ROSA NFT costs 0.07 ETH.

The ROSA NFT is available online at www.mint.aitxnft.com. For more details on the ROSA NFT, visit www.aitxnft.com.

“We’ve made buying the ROSA NFT so easy that even first-time NFT buyers find it easy, even credit cards are accepted,” added Reinharz. “And knowing that the proceeds, after deducting the associated costs, will help physical ROSAs be deployed in dozens more schools should be welcoming to all.”

“I’m so struck by the hearts of the team members at RAD and AITX,” said Secret Holt, mother of school shooting victim Bailey Holt. “It’s just wonderful to be able to use the NFT sales to expand Bailey’s Gift to so many more schools. Now it looks like nearly fifty schools could be protected by ROSA.”

RAD’s best-selling and award-winning ROSA “Security-in-a-Box” solution features easy installation with no network requirements. It is designed to work with or without a school resource officer and upon detection of a firearm, it can immediately activate the lockdown (for schools with electronic locks), immediately alert school staff and law enforcement by audio, visual, SMS and other means. ROSA can detect firearms up to 250 feet away under the right conditions, providing an incredible time advantage for protection and response.

The company estimates that there are over 100,000 K-12 schools that could immediately benefit from this firearm detection technology. RAD’s solution is quick to deploy and provides an unbiased level of early detection and deterrence of potential firearms-related events in and around these buildings.

Schools are encouraged to apply at radsecurity.com/baileys-gift. Conditions apply, see website for details.

RAD firearm detection identifies the presence of handguns and long guns. Immediately upon detecting a firearm, RAD’s AI-driven analysis of the system autonomously performs a variety of actions, including appropriate activation of local audible and visual alerts, locking and securing doors, notifications to remote monitoring or on-site security personnel, and law enforcement – preferably before shots are fired.

AITX has applied for an uplisting with the OTCQB. Future announcements regarding the status of the OTCQB application will be made.

Robotic Assistance Devices (RAD) is a high-tech start-up that delivers robotics and artificial intelligence-based solutions that enable companies to gain new insights, solve complex security challenges and drive new business ideas at lower costs. RAD has developed its advanced safety robotic technology from the ground up, including circuit board design and base code development. This gives RAD full control over all design elements, performance, quality and user experience of all security robots, whether SCOTpinkWallyWallyHSOAVROAMEOor RAD Light My Way. Read how RAD is reinventing the security services industry by downloading the Autonomous Remote Services Industry Manifesto and request a copy of the recently published Navigating the New Economy: Jobs & Automation, Challenges & Opportunities.

CAUTIONARY NOTE ABOUT FORWARD-LOOKING STATEMENTS
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of 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 press release that are not historical facts 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, without limitation, the following: Artificial Intelligence Technology Solutions’ ability to meet its obligations, provide working capital needs from Operating income, to obtain additional financing needed for future acquisitions, to meet competitive challenges and technological changes, to achieve business and financial goals including forecasts and forecasts, and other risks. Artificial Intelligence Technology Solutions undertakes no obligation to update any forward-looking statements and/or to confirm any statement(s) regarding actual results or any changes in Artificial Intelligence Technology Solutions’ expectations.

About Artificial Intelligence (AITX) Technology Solutions
AITX is an innovator in delivering artificial intelligence-based solutions that empower organizations to discover new insights, solve complex challenges, and drive new business ideas. Through their next-generation robotic product offerings, AITX’s RAD, RAD-M and RAD-G companies help companies streamline operations, increase ROI and strengthen business. AITX technology improves the simplicity and economics of patrol and guard duty, allowing experienced personnel to focus on more strategic tasks. Customers enhance the skills of their existing workforce and gain a higher level of situational awareness, all at a dramatically reduced cost. AITX solutions are well suited for use in various industries such as corporate, government, transportation, critical infrastructure, education, and healthcare. To learn more visit www.aitx.ai, stevereinharz.com, www.radsecurity.com and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.

###

Steve Reinharz
949-636-7060
@SteveReinharz

  • Artificial Intelligence Technology Solutions, Inc.

Leave a Reply

Your email address will not be published.