Artificial Intelligence Tech Solutions Inc (AITX)

[JustJack]

Answer: IT IS ALL FLUFF BS posted by a penny stock CEO.

Question from the AITX Discord.

What ever happened to the patent attorney company that was signed up in 2023?

Nov. 07, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a pioneer in AI-driven security and productivity solutions along with its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD), has announced an aggressive push in expanding its intellectual property portfolio, as shared during the recent Investor Conference & RAD Technology Reveal event.

Today the Company announced it has engaged Barnes & Thornburg, LLP, to begin work on creating a patent portfolio strategy. Steve Reinharz, CEO and founder of AITX, together with Ioan Pop, RAD's VP of Research & Development, noted how the Company had identified over 80 innovations that need patent investigation.

These innovations encompass innovations in hardware and software and will contribute to AITX's position as a forerunner in the AI-driven mobile and stationary security and safety solutions sector.

The patent portfolio strategy work is expected to take a few months although preliminary patents could be filed earlier. The ultimate goal is to protect the Company’s inventions, reinforce its market presence and potentially enhance shareholder value through a fortified IP catalog. This move aligns with the Company's long-term growth strategy, which prioritizes sustainable development and market leadership in AI and robotics.

“Each patent filing represents months of hard work and ingenuity from our dedicated team,” said Reinharz. “This move is a clear signal to the industry and our investors that AITX’s efforts to reimagine the #proptech landscape will be protected.”

AITX's proactive approach to intellectual property management exemplifies its vision for a future where cutting-edge technology and strategic IP development go hand-in-hand. The announcement from the Investor Conference reflects a clear directive towards protecting the unique aspects of their product offerings, from the innovative, cost-reduced ROSA 4.0 to the trailblazing RADDOG 3S. For investors, this development signals not only growth in AITX's tangible assets but also an increased potential for licensing opportunities, partnerships, and market expansion, reinforcing the Company's value proposition in the rapidly evolving tech landscape.

https://finance.yahoo.com/news/aitx-prepares-file-dozens-patent-134000445.html