Artificial Intelligence Technology Solutions Announces Launch of SCOT 2.0
April 16 2019 - 9:12AM
InvestorsHub NewsWire
Artificial Intelligence Technology Solutions Announces Launch of
SCOT 2.0
RENO, NV -- April 16, 2019 -- InvestorsHub NewsWire --
Artificial Intelligence Technology Solutions Inc. (AITX: OTCPK) is
pleased to announce that Robotic Assistance Devices (RAD
-www.roboticassistancedevices.com), its wholly owned subsidiary has
launched its SCOT (Security Control and Observation Tower) version
2.0 autonomous stationary security guard device.
SCOT version 2.0 encompasses important new features driven by
customer demand including a structural redesign, improved user
interface, improved battery and power options and other features
which can be found at RAD’s website.
“We have received very good feedback from dealers and end users
and we’re certain this will help accelerate the sales cycle,” said
Steve Reinharz, RAD Founder and President. “Many of the clients in
the sales process are high profile locations and this redesign will
add to their already incredible ambience.”
All orders received from this date onwards will be fulfilled
with SCOT 2.0 units.
RAD confirmed that with its low cost structure and growing
recurring revenue base, it is on track to reach profitability in
2019.
RAD expects to announce additional product deployments in the
near future.
The company may post important information about its subsidiary
RAD on its website at www.Robotic AssistanceDevices.com and through
tweets from RAD President and CEO Steve Reinharz
(https://twitter.com/SteveReinharz).
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, 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 RAD
Robotic Assistance Devices (RAD) 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, RAD can help organizations streamline
operations, increase ROI and strengthen business. RAD robotics
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. RAD robotic solutions are well suited for
use in multiple industries such as enterprises, government,
transportation, critical infrastructure, education and healthcare.
To learn more, visit www.roboticassistancedevices.com or
follow us on Twitter @RADbotsecurity.
Everest Corporate Advisors Inc.
702-902-2361
www.everestcorp.net
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