Artificial Intelligence Technology Solutions Announces New Product Launch

RENO, NV, Oct. 10, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Artificial Intelligence Technology Solutions (AITX: OTCPK) is pleased to announce that Robotic Assistance Devices (RAD), its wholly owned subsidiary, released its Facial Recognition Entry Device, aptly named “FRED”. FRED’s core functionality, described in its name, is supported by RAD’s newest software release of the RAD Software Suite.

FRED is the third hardware product line released by RAD since RAD introduced its first hardware product SCOT™ in April 2018. FRED joins SCOT™ and Wally to complete RAD’s family of stationary security concierge devices, all powered by the RAD’s Software Suite v2.5.

FRED is specifically built in a form factor for installation for security access at gates and door entry points. It features RAD’s physical design motif as debuted by Wally. FRED, consistent with the rest of RAD’s stationary hardware lineup, can operate with no communications infrastructure but is built to appropriately open gates/doors and, at the customer’s request, integrate to pre-existing access control systems.

The RAD Software Suite v2.5 features the Facial Recognition Entry (FRE) software module and adds access control to the software offerings included to RAD customers. FRE works on all RAD hardware devices giving customers the ability to choose the best option for every particular situation, from vehicle access gates to high security office areas. FRE is an advanced innovation for clients for a multitude of reasons; including tri-credential validation, secure open integration to other platforms, and use of the RAD Software Suite as the single simple user interface.

‘The RAD Software Suite is the product of customer input, decades of security experience and innovative application of a multitude of technologies,” said Steve Reinharz

, President and CEO of RAD. “Market reception to our 2nd generation of the security & concierge solution set has been outstanding and v2.5 delivers on RAD promises to one of our largest clients. I believe RAD has forever changed security by creating a fully integrated solution of human guarding, artificial intelligence driven guarding, and a full complement of electronic security features. All for a low rental cost.”

The RAD Software Suite v2.5 also debuts the release of RAD’s Visitor Management System. This full-featured module comprised with every rental of any RAD device includes RAD’s signature simplicity features and visual appeal. The most modern features such as QR-codes visual recognition system for pre-enrolled visitors is included along with options for customers to electronically sign documents prior to authorized entry. Documents will routinely be non-disclosure agreements for secure sites and/or safety acknowledgements. The RAD Software Suite hosts all the features and securely stores all the collected information.

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.

CONTACT: Everest Corporate Advisors Inc.
702-902-2361
www.everestcorp.net

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