Artificial Intelligence Technology Solutions Announces Executive Team Expansion
Summary
"I’m pleased with the work we’ve done together, the format under which we will continue our business association, and I fully support him on any future endeavors he may pursue outside of AITX.” Reinharz also announced that Mark Folmer has been elevated to Chief Operating Officer of Robotic Assistance Devices, Inc. (“RAD”), a wholly owned subsidiary of AITX and the main contributing entity. 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, to meet business and financial goals including projections and forecasts, and other risks. 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 and RAD-M 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.