AITX Subgroup Robotic Assistive Devices (RAD-G)

Will initiative place RAAD Proven industry based on artificial intelligence Security hardware and software In OEM devices

Detroit, Michigan, October 3, 2022 (GLOBE NEWSWIRE) – artificial intelligence technology solutions,OTCPK: AITX), today that its wholly owned subsidiary, Robotic Assistance Devices, Group (RAD-G) has launched efforts to provide OEM system-level components to specific industries and clients outside of the company’s existing security services industry.

To support and lead these efforts, the company has appointed Ravi Gad as Director of the OEM Program for RAD-G. “I am delighted to welcome Bravy to the RAD team,” said Steve Reinharts, CEO of AITX. “Ravi is an accomplished business builder who has been part of the RAD and AITX orbit for some time. I believe that Ravi leading RAD-G’s efforts to put RAD hardware and software into new markets has great potential.”

“I am excited to join the team at RAD and AITX,” said Ravi Jade. “I look forward to applying my business development and AI expertise to secure RAD-G’s imperative position as an exceptional OEM solution provider.”

RAD-G’s initial product offering is the RADPack Millie, an FPGA (Programmable Gate Array). FPGAs, such as RADPack Millie, can deliver superior performance in deep learning applications where low latency is critical. FPGAs can be fine-tuned to balance energy efficiency and performance requirements. The hardware offered by RAD-G’s sister company and wholly owned AITX subsidiary, Robotic Assistance Devices (RAD) is powered by components closely related to RADPack Millie. These integrated solutions from RAD have been widely praised and honored with multiple awards in the security services and #proptech industries. RAD devices have the ability to independently detect and respond to trespassing, loitering, and firearms and make greater use of advanced human, vehicle, and other situational discoveries.

RAD-G will initially promote RADPack Millie in the electric vehicle charging station industry. according to Recent Reports, the number of public charging stations in the United States has tripled since 2015 when there were fewer than 32,000 and is expected to reach between 800,000 and 1.7 million by the end of the decade. At the beginning of 2022, the Biden administration launched a five-year, $5 billion plan to improve the infrastructure of the electric vehicle charging network.

“The team at RAD and RAD-G has been developing RADPack Millie and other system-wide, plug-and-play FPGA solutions over the past 16 months. Our plan is to offer electric vehicle charging station manufacturers a low-cost plug-in to their existing charging stations,” he added. Reinharts. “When integrated into a charging station, the RADPack Millie will support up to four cameras, lights, speakers and more. This will greatly increase the value of any charging station, providing the safety and security features you need in often compromised situations.”

“RAD has accomplished great things in the security services industry,” Jade continued. “With RAD-G, we are now compiling all the performance of RAD and making it available to OEMs in the electric vehicle charging industry and beyond.”

Pricing for the RADPack Millie for the RAD-G has not been announced. Quantity-based pricing is offered along with NRE (Non-Recurring Engineering) cost pricing. For more information, please visit the website radgroup.ai.

RAD-G’s parent company, AITX, has applied for the OTCQB list. The status of the OTCQB application will be announced in the future.

Robotic Assistive Devices Group (RAD-G) is a high-tech startup that produces and delivers component-level AI-based solutions that enable organizations to deliver optimized solutions based on proven technology, with a fast time to market. RAD-G developed its advanced technology from the ground up including circuit board design and core code development.

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 of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made in accordance with the provisions of the Private Litigation Reform Act 1995 Securities. Statements in this press release other than statements of 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 in the statements, including, but not limited to, the following: AI solutions’ ability to deliver on their commitments, working capital needs of Operating income, to obtain additional financing required for any future acquisitions, to meet competitive challenges and technological changes, to meet business and financial objectives including forecasts and forecasts, and other risks. No information in this press release should be construed as any indication whatsoever of the Company’s future stock price, revenue, or results of operations. In addition, the industry data presented here is not of predictive value with respect to the future sale of the Company’s products. AI Solutions undertakes no duty to update any forward-looking statement(s) and/or confirm the statement(s) on actual results or changes in AI Solutions’ expectations.

About Artificial Intelligence Technology (AITX) Solutions
AITX is an innovator in providing artificial intelligence-based solutions that enable organizations to gain new insights, solve complex challenges, and nurture new business ideas. With their next-generation robotic product offerings, AITX’s RAD, RAD-M, and RAD-G companies help organizations streamline operations, increase ROI, and boost business. AITX technology improves the simplicity and economy of patrol and guard services and allows experienced personnel to focus on more strategic tasks. Clients increase the capabilities of existing employees and gain higher levels of situational awareness, all at a significantly reduced cost. AITX solutions are well suited for use in multiple industries such as enterprise, government, transportation, critical infrastructure, education, and healthcare. To find out more, visit www.aitx.aiAnd the stevereinharz.comAnd the www.radsecurity.comAnd the radgroup.aiAnd the www.radlightmyway.comor follow Steve Reinharz on Twitter Tweet embed.

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Steve Reinharts
949-636-7060
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