Artificial Intelligence Technology Solutions Receives PO for High End Retail Location Owned by Billion Dollar Real Estate Fund

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Summary

RENO, NV, Aug. 15, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Artificial Intelligence Technology Solutions, Inc. (AITX: OTCPK), is pleased to announce that Robotic Assistance Devices (RAD), its wholly owned subsidiary, has recently received a purchase order for two SCOT™ units from an upscale retail client in the greater San Francisco bay area owned by a billion dollar real estate investment fund. 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. 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. RAD robotics technology improves the simplicity and economics of patrolling and guard services, and allows experienced personnel to focus on more strategic tasks. RAD robotic solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education and healthcare.

$ Funding

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Amount - Total raised
Date August 15, 2019 Announcement date
Investors On the Move Systems Lead investors
Company - Funded company

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