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$AITX .004 +15.94% Bullish, Closing Green!
$CDSG .036 +16.13% TITAN LITHIUM INC. in POWER HOUR!
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$AMIH Looking good here thin to .002's
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$IVDN Anticipates Unprecedented Growth
$IVDN Innovative Designs CEO Joseph Riccelli commented, “This is a key milestone and validation for our Insultex® insulation. Now that this patent is in place, we anticipate unprecedented growth into apparel and many other markets.” https://finance.yahoo.com/news/innovative-designs-receives-patent-propriety-170700986.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @YahooFinance
$VNUE "VNUE's technology easily translates to the sporting world," said Bair. "We have always seen parallels and opportunities with sports, such as with our StageIt livestreaming platform as well as our pending metaverse project, and we are thrilled that Quenton and his firm have decided to partner with us on this exciting venture. We believe we can bring a lot of added value to the players, and help them connect with fans in new and unique ways, and at the same time, we can mutually benefit by working together with our respective brands." https://www.vnue.com/investors
$SHOT Safety Shot to Develop Detox Product for Alcohol Poising, Plans to File IND with U.S. FDA https://finance.yahoo.com/news/safety-shot-develop-detox-product-120000695.html
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$LLLI Low float under a penny! Last run over 07 cents!
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$CDSG China Dongsheng Intl Inc .0346 +0.0036 (+11.61%) PRICE HISTORY for Thu, Sep 28th, 2023
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Exclusive Interview with Nancy Duitch, CEO of Avenir Wellness Solutions, Inc. (Stock Symbol: $AVRW) https://www.einpresswire.com/article/648860349/exclusive-interview-with-nancy-duitch-ceo-of-avenir-wellness-solutions-inc-stock-symbol-avrw
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@YahooFinance
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$SHOT NASDAQ Safety Shot Says It Can Cut Blood Alcohol In Half An Hour https://www.forbes.com/sites/daphneewingchow/2023/09/21/safety-shot-says-it-can-cut-blood-alcohol-in-half-in-half-an-hour/?sh=3de1f34c3bba
$AITX PRESS RELEASE: AITX’s Subsidiary, Robotic Assistance Devices, Announces Planning for 1000 RIO Version 4 Production Run
Artificial Intelligence Technology Solutions, Inc.
Thu, September 28, 2023 at 8:40 AM EDT
In this article: AITX
RAD also Considering Expanding Manufacturing Capacity to Accommodate 2000 ROSA Units in 2024
Detroit, Michigan, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced plans related to the development and production of its innovative RIO™ solar-powered security tower solutions.
Specifically, the Company noted that it has begun an approximately 5-month effort to complete full design upgrades for RIO version 4.x with prototypes and supply chain coordination. These efforts are expected to yield the most highly designed RAD solution with the most comprehensive input from related supply chain vendors. It is expected that RIO version 4.x production will begin at the beginning of AITX’s fiscal year, March 2024.
"Planning this size of an endeavor, and allowing sufficient time enables us to work through the supply chain to find cost savings on parts and manufacturing,” said Steve Reinharz, CEO of AITX and RAD. “Furthermore, it allows completion of improvements to ROSA that will provide further cost and production savings. The goals of these efforts are to solidify RAD’s lead in the solar-powered tower space by offering unmatched functionality at an unmatched price. This is the first existing market we are targeting to dominate."
“ROSA’s forthcoming enhancements, to be in version 4.0, are the culmination of RAD’s Autonomous Remote Solutions concepts that we have pioneered over the years,” commented Ioan Pop, Vice President of Research and Development at RAD. “We’ve made great strides in design efficiencies, reduction in power consumption, and vast improvements and enhancements to our AI analytics.”
Expect further details to be disclosed at the AITX Investor Town Hall and RAD Technology Reveal to be held on November 3rd. Those interested in attending the event may register here.
Beginning in the first half of 2024 and based on expected sales demand, RAD plans to scale RIO units’ production to approximately 100 units per month.
“RIO’s expected sales success gives us a new challenge at the REX, manufacturing space,” said Luke Ross, Vice President of Production at RAD. “We plan on continuing to invest in the REX, building ROSA, AVA, TOM and RADDOG, and other electronics assembly and testing while evaluating an additional location for RIO assembly and QC. If we’re planning for 100 units a month, we will simply need more space.”
“This is not simply about expansion and innovation,” said Mark Folmer, CPP, PSP, FSyI, President of RAD. “It’s also about steering the Company on the path towards becoming cash flow positive, a pivotal milestone underscoring our commitment to delivering shareholder value, consistent growth and industry leadership.”
Sitting atop a standard RIO 360 configuration are dual ROSA units. ROSA is a multiple award-winning, compact, self-contained, portable, security and communication solution that can be installed and activated in about 15 minutes. ROSA’s AI-driven security analytics include human, firearm, vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD’s software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA’s high-resolution, full-color, always-on cameras. RAD has published four Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at multi-family communities, car rental locations and construction sites across the country.
AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry’s existing and costly manned security guarding and monitoring model. RAD delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
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. As such, there are no assurances that the Company will meet its expectations with respect to its future sales volume or becoming cash flow positive. 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
#BreakingNews: $AITX ’s Subsidiary, Robotic Assistance Devices, Announces Planning for 1000 RIO Version 4 Production Run
https://aitx.ai/aitxs-subsidiary-robotic-assistance-devices-announces-planning-for-1000-rio-version-4-production-run/
$CDSG announced strong Lithium geochemical sampling results from an infill soil sampling program at the company’s expansive Titan 1 lithium property in Tanzania:
https://finance.yahoo.com/news/cdsg-extends-north-lithium-zone-170200537.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @YahooFinance
$SHOT big news out this week: The Honorable Jack Brewer, M.Ed. Joins Safety Shot’s Advisory Board https://finance.yahoo.com/news/honorable-jack-brewer-m-ed-132000256.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @YahooFinance
$LLLI The Lamperd Less Lethal riot shield line offers many different types and sizes as can be reviewed on the company website here: https://lamperdlesslethal.com/product-category/police-riot-shields-protective-gear/.
$AMIH .0018 lotto alert: $20 Million Funding https://finance.yahoo.com/news/american-international-holdings-corp-receives-132000450.html
$IVDN Innovative Designs: Game-Changing House Wrap Technology #EnergySavings #Insulation #CarbonReduction #LegalVictory #Patents #HouseWrap #WinterApparel
$SMME is nearing the commercial launch of the most advanced biometric credit card which is designed to work with readers of all types globally. #Biometrics #Fingerprint #CreditCard #DebitCard #Banking https://finance.yahoo.com/news/smartmetric-announces-received-export-approval-174800438.html
$AMIH .0018 #LOTTO #PLAY WITH $20 Million Funding; Acquisition for Petroleum Exploration; Production & Technology https://www.einpresswire.com/article/649137242/20-million-funding-acquisition-for-petroleum-exploration-production-technology-american-ihc-stock-symbol-amih
$ASRE is excited to announce an agreement with Holcomb Energy Systems LLC (“HES”) that secures exclusive worldwide manufacturing rights to the HES In-Line Power Generator (“ILPG”) and the HES Self-Sustaining Power Plant, two exceptional technologies that are poised to revolutionize the energy sector. https://finance.yahoo.com/news/astra-energy-inc-reaches-agreement-130000466.html
$VNUE Subsidiary StageIt NEW EVENT ...
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$IVDN .289 +14.68% Insultex House Wrap. https://residentialproductsonline.com/insultex-house-wrap-pairs-water-resistance-thermal-performance
$CBGH Unveils Wechax.com: Revolutionizing Freelancer Services and Catalyzing Revenue Growth https://finance.yahoo.com/news/cbgh-unveils-wechax-com-revolutionizing-140000601.html
$AITX "The client is a Fortune 50 ranked global leader in automobile manufacturing with operations in over 100 countries around the world. The majority of these deployments were facilitated through one of RAD’s largest authorized dealers."
https://aitx.ai/aitxs-subsidiary-robotic-assistance-devices-deploys-12-rio-360-solar-powered-security-towers-at-major-auto-manufacturer/
$AITX NEWS!! Artificial Intelligence Technology Solutions, Inc.
Detroit, Michigan, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions for enterprise clients along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced the imminent completion of the deployment of 12 RIO™ 360 solar-powered security towers at a leading auto manufacturer headquartered near Detroit, Michigan.
The client is a Fortune 50 ranked global leader in automobile manufacturing with operations in over 100 countries around the world. The majority of these deployments were facilitated through one of RAD’s largest authorized dealers.
“This remarkable client reached out to us in July of this year, inquiring about RIO as a security option at many of their manufacturing facilities,” said Troy McCanna, Chief Security Officer at RAD. “We were hosting Police Day on July 13th, and fortunately had a few RIOs at the REX. The client sent several from their security department to meet with us. As expected, they were impressed, and just a few months later we’ve got 12 devices deployed.”
McCanna added that the client’s deployment of RIO units has the capacity of exceeding 40 units.
“This is such a great deployment for the Company,” said Mark Folmer, CPP, PSP, FSyI, President of RAD. “The client and the dealer that’s supporting them are 2 of the biggest household names. The fact that they’ve already deployed 12 RIO 360s marks a significant uptick in recurring monthly revenue (RMR) for the Company. This is validation of years of effort in driving the Company to this point and gives us a significant foothold in the local auto industry.”
“The positive word on RIO seems to be spreading,” added McCanna. “Just this Monday another auto manufacturer reached out to us for solutions that are available for rapid delivery and deployment.”
“Our funding efforts to date are allowing us to procure materials and parts as needed to satisfy this increased demand,” added Steve Reinharz, CEO of AITX and RAD. “We can now build and deploy RAD solutions faster than ever. This allows us to rapidly grow revenue as we work towards the objective of becoming cash flow positive.”
RIO 360 is a versatile solar-powered security tower configured with dual ROSA devices. RIO 360 offers the marketplace two valuable benefits. The first is the unmatched performance of the dual ROSA devices that sit atop the unit’s mast. There is no device in the market that can perform ROSAs extensive list of autonomous detection and responsive actions. ROSA is RAD’s best-selling and a multiple award-winning device. The second critical differentiator is RIO’s value pricing. RIO’s pricing competes favorably against other solar tower manufacturers. RIO 180 utilizes much of the same hardware and software platform as RIO 360, but ships with a single ROSA device and fewer solar panels.
RMR is money earned from customers who pay for a subscription to a service or product. RAD’s solutions are generally offered as a recurring monthly subscription, typically with a minimum 12-month subscription contract.
As stated, sitting atop a standard RIO 360 configuration are dual ROSA units. ROSA is a multiple award-winning, compact, self-contained, portable, security and communication solution that can be installed and activated in about 15 minutes. ROSA’s AI-driven security analytics include human, firearm, vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD’s software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA’s high-resolution, full-color, always-on cameras. RAD has published four Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at multi-family communities, car rental locations and construction sites across the country.
AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry’s existing and costly manned security guarding and monitoring model. RAD delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
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. As such, there are no assurances that the Company will meet its expectations with respect to its future sales volume or becoming cash flow positive. 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
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$VNUE +8.25% .0013's going OVER 16M Volume .0014's up soon!
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https://finance.yahoo.com/news/astra-energy-inc-reaches-agreement-130000466.html
$IVDN $SMME $VNUE $SHOT
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$AMIH Cyle Energy Investor Brief 2023
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