Replies to post #52115 on Artificial Intelligence Technology Solutions Inc (AITX)

[JustJack]

Sad but this is really an ice cube compared to an iceberg Steve.

Do I have to go all the way back to the OMVS days when you talked HUGE about the sales funnel that NEVER materialized?

I believe is just the tip of the iceberg for what the RAD sales funnel can deliver in 2021.”

Check out the last line of this PR from 2017. It would be funny if it wasn’t so sad.

Reno, NV, Dec. 14, 2017 (GLOBE NEWSWIRE) -- On the Move Systems (OTC PINK: OMVS:) is pleased to announce that its wholly-owned subsidiary Robotic Assistance Devices (RAD - http://www.roboticassistancedevices.com/) has executed a strategic agreement to supply its intelligent robotic solutions through Allied Universal. The robots will be leveraged to help Allied Universal customers supplement existing security professionals and improve safety, increase situational awareness and drive efficiency across the enterprise. RAD’s S5 Security Robots add significant benefits to the Allied Universal product and services portfolio by delivering a cost-effective solution to augment traditional guarding services. The S5 Security Robot serves as a force multiplier and removes security personnel from potentially dangerous situations, reducing injuries and liability. The combination of human personnel with robotic technologies creates a strong value proposition that results in new levels of security and streamlined operations. “The RAD portfolio augments the core competencies of our guard personnel because it offers fully autonomous patrolling that stakeholders can leverage to make rapid, informed decisions,” said Ty Richmond, President, Integrated Security Solutions and Technology, Allied Universal. “The data captured by the security robot will prove valuable in post-event investigations, enabling our customers to quickly address ongoing issues, close cases and identify trends. We are excited to explore the possibilities alongside RAD.” “The market is primed to embrace the combination of human personnel and robotic guarding, and we expect this trend to increase significantly in the coming year,” said Steve Reinharz, Founder and President, RAD. “We are thrilled with our already valuable partnership with Allied Universal and the size and quality of the sales funnel we’ve been able to create together.”

RAD currently has a sales pipeline of over 50 Fortune 500 companies and over 25 qualified dealers and distributors that have a combined customer base of more than 35,000 end-user corporation

[tw0122]

Very positive outlook. Highlights:
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“We couldn’t be any more elated in receiving this high profile order,” said Steve Reinharz, President and CEO of RAD. “Our corporate culture is to never take any order for granted, and this one is certainly no exception. I applaud this particular dealer and the RAD sales team’s tenacity that was required to close this deal.”

A mix of SCOT, Wally and ROSA units will form a fully-integrated autonomous system, providing a secured distribution warehouse exclusively utilizing RAD solutions. This solution will save this client hundreds of thousands of dollars every year when compared to traditional solutions.

Specifics of the purchase agreement were not disclosed, but Reinharz added “This opportunity is scheduled to deploy before the end of February 2021, and I believe is just the tip of the iceberg for what the RAD sales funnel can deliver in 2021.”
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