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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): September 11, 2023
ARTIFICIAL
INTELLIGENCE TECHNOLOGY SOLUTIONS INC.
(Exact name of registrant as specified in its charter)
Nevada |
|
000-55079 |
|
27-2343603 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
10800
Galaxie Avenue
Ferndale,
MI 48220 |
(Address
of principal executive offices) |
(877)
787-6268 |
(Registrant’s
telephone number, including area code) |
Not
Applicable |
(Former
name or former address, if changed since last report.) |
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
N/A |
|
N/A |
|
N/A |
When
used in this Current Report on Form 8-K, unless otherwise indicated, the terms the “Company,” “our,” or “we”
refer to Artificial Intelligence Technology Solutions Inc. and its subsidiaries.
Item
8.01 Other Events
On
September 11, 2023, we will be issuing a press release titled “AITX’s Subsidiary, Robotic Assistance Devices Group (RAD-G),
Announces Solutions for Emergency Phone Tower Manufacturers”, which press release is attached hereto as Exhibit 99.1.
The
information in this Current Report on Form 8-K with respect to Item 8.01 (including the press release attached hereto as Exhibit 99.1)
is being furnished pursuant to Item 8.01 of Form 8-K and shall not be deemed to be “filed” for the purposes of Section 18
of the Securities Exchange Act of 1934, as amended (“Exchange Act”), or otherwise subject to the liabilities of that section,
nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.
This current report on Form 8-K (including Exhibit 99.1) will not be deemed an admission as to the materiality of any information contained
herein.
ITEM
9.01. EXHIBITS
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date:
September 11, 2023 |
ARTIFICIAL
INTELLIGENCE TECHNOLOGY SOLUTIONS INC. |
|
|
|
|
|
/s/
Steven Reinharz |
|
Name: |
Steven
Reinharz |
|
Title: |
Chief
Executive Officer |
Exhibit
99.1
AITX’s
Subsidiary, Robotic Assistance Devices Group (RAD-G), Announces Solutions for Emergency Phone Tower Manufacturers
Blue
Light Tower Manufacturers Now Have Access to RAD’s Award-Winning AI Analytics and Software Solutions
Detroit,
Michigan, September 11, 2023 — Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX),
along with its wholly owned subsidiary, Robotic Assistance Devices, Group (RAD-G) today announced that RADPack™ is now available
to manufacturers of emergency phone towers (aka blue light towers) to explore the groundbreaking potential of RAD-G’s advanced
technology.
By
integrating RADPack into emergency phone towers, manufacturers can catapult them into the future of public safety infrastructure. RADPack
empowers these existing towers with cutting-edge AI analytics capabilities, including human and vehicle detection, as well as firearm
detection – innovations poised to revolutionize the very concept of emergency response systems.
“This
is part of our inevitable evolution, backed by years of hardware and software development by RAD and RAD-G,” said Steve Reinharz,
CEO of AITX. “RAD-G’s RADPack could possibly save blue light towers from extinction. Adopting RADPack into a blue light tower
could significantly extend the product’s lifecycle by infusing it with advanced AI analytics, threat detection, autonomous response
and more.”
The
advantages of adopting RAD-G’s RADPack are many. Not only will it breathe new life into aging emergency phone towers, potentially
extending their useful life by decades, but it will also open up unprecedented revenue and profit opportunities for manufacturers. Enhanced
by AI-driven analytics, these towers become more than just emergency call stations; they evolve into intelligent, proactive safety hubs
capable of rapid response and real-time threat detection. As colleges, hospitals, and corporate campuses strive for safer environments,
embracing RAD-G’s RADPack can position tower manufacturers at the forefront of innovation, meeting the evolving needs of a security-conscious
world while delivering tangible returns on investment.
“While
at GSX this week I have meetings with emergency tower manufacturers where I introduce them to RADPack. This opens up many new opportunities
for us,” Reinharz concluded.
The
award-winning RAD Light My Way™ from AITX’s primary subsidiary Robotic Assistance Devices, Inc. (RAD) is compatible
with RADPack for emergency phone towers. This integrated mobile app and hardware solution empowers students and employees by placing
the control of their safety firmly in their own hands. With RAD Light My Way, users gain instant access to emergency services, real-time
threat detection, and the ability to summon assistance swiftly through nearby RADPack-enabled emergency phone towers. This comprehensive
safety ecosystem offers peace of mind to students and employees, ensuring they are not alone in their moments of vulnerability and that
help is always just a touch away. Together, RAD Light My Way and RADPack redefine safety as a collaborative effort, creating a brighter,
more secure future for all.
Robotic
Assistance Devices Group (RAD-G) is a high-tech start-up that produces and delivers component-level artificial intelligence-based solutions
that empower organizations to offer enhanced solutions based on proven technology, with a quick time-to-market. RAD-G has developed its
advanced technology from the ground up including circuit board design, and base code development.
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, RAD-M and RAD-G 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 staff 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, www.radsecurity.com, www.stevereinharz.com, www.radgroup.ai, www.raddog.ai, and
www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
CAUTIONARY
DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The
information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence
Technology Solutions, Inc. (the “Company”). This publication contains forward-looking statements, which are not guarantees
of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and
reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company
has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted
as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.
###
Steve
Reinharz
949-636-7060
@SteveReinharz
v3.23.2
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