Tag Archive for: intent

AITX’s Subsidiary Robotic Assistance Devices Shipping an Additional 14 Units on New Letter of Intent from Major Casino Operator

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Large Deployment Expected to Begin in July

Detroit, Michigan, June 22, 2022 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received a Letter of Intent from a regional casino operator for large quantity of RAD devices. The expected receipt of this order had been previously acknowledged in a press release in late April of this year.

The Company stated that the Letter of Intent is for a minimum of 12 ROSA security units, 1 SCOT stationary tower, and 1 ROAMEO mobile security robot. The agreement is structured as to allow the client to increase the number of units on order without the need to re-engage their purchasing process. It is expected that deployments will begin in July 2022. The client may choose to be identified in the future as well as participate in a case study since the RAD devices will be in public view.

“Persistence pays off. At RAD we grind until we get the win,” said Mark Folmer, President of RAD. “This client has certainly done their due diligence. I have great respect for their partner qualification process. We’ve gone through similar procedures to ensure that every box is checked when a client is looking at RAD.”

“This is going to be such a great deployment,” said Steve Reinharz, CEO of AITX and RAD. “It’s a picture-perfect commercial deployment, with multiple ROSAs keeping an eye on the facility and their guests, a SCOT at the main entrance providing valuable information and security, plus a ROAMEO on patrol between the parking structure and the front entrance. We expect that these quantities could double in the coming months, at this one location.”

RAD’s parent company AITX has filed for uplisting to the OTCQB. Future announcements will be made regarding the status of the OTCQB application.

ROSA is a compact, self-contained, portable, security and communication solution that can be deployed in about 15 minutes. Like other RAD solutions, it only requires power as it includes all necessary…

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MO Prosecutor: Post-Dispatch reporter had no ‘criminal intent’

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There was no evidence of any criminal intent by a St. Louis Post-Dispatch reporter who was targeted by the governor after finding a security flaw in a state website, Cole County Prosecutor Locke Thompson said in an interview Monday.

If any crime was committed, Thompson said, it was in the “fringes” of an overly-broad state law and “wasn’t going to be worth the time, the effort or, quite frankly, the taxpayer dollars to pursue.”

The law in question says a person commits the offense of tampering with computer data by “accessing a computer, a computer system or a computer network, and intentionally examines information about another person.”

“The law does appear to be so vague that it basically describes someone using a computer to look up someone’s information,” Thompson said.

Lawmakers may want to consider revising that section of state law, Thompson said.

“Our investigation didn’t uncover what we believe to be any criminal intent,” he said. “Even though it still may have technically been a crime, we didn’t believe that there was intent.”

Thompson spoke to The Independent Monday afternoon after releasing the file associated with the investigation of Josh Renaud, the Post-Dispatch reporter who in October discovered that Social Security numbers for teachers, administrators and counselors were visible in the HTML code of a publicly accessible site operated by the state education department.

HTML code is the programming that tells the computer how to display a web page.

The documents released Monday include summaries of interviews conducted by the Missouri State Highway Patrol and prosecutor’s office of Renaud, several state employees and Shaji Khan, a cybersecurity professor who helped confirm the security flaw for the Post-Dispatch.

Renaud told investigators that he discovered the security flaw by accident while he was collecting publicly available data for a potential story on teacher accreditation.

He was trying to build a data set so the Post-Dispatch could run analysis on it and look for trends that could lead to a story, Renaud told investigators. He needed to look at the source code to figure out the best way to…

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Robotic Assistance Devices Receives First Order of Previously Received Letter of Intent for ROAMEO Mobile Security Robot

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HENDERSON, Nev.–()–Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices Inc. (RAD) has received an order from one of its authorized dealers for RAD’s ROAMEO 2.0 (Rugged Observation Assistance Mobile Electronic Officer). This dealer had committed to up to 20 ROAMEO units in a prior Letter of Intent (LOI).

This first of several expected ROAMEO units will be deployed within a major Hollywood studio whose name cannot be disclosed due to existing non-disclosure agreements.

“ROAMEO, being the first mobile device that is part of the RAD system of devices, is on track for many amazing deployments,” said Steve Reinharz, CEO of AITX and RAD. “Receiving this order during the first week of ROAMEO 2.0’s public tour was great. We expect to regularly announce more ROAMEO orders as we convert LOIs to firm orders and inevitably close more deals with other prestigious clients.”

ROAMEO 2.0 was unveiled to the public at last week’s NCS4 Conference in Phoenix, Arizona to an audience of spectator sport security executives. Due to the overwhelming reception of ROAMEO at NCS4, another conference at the same resort, the Association of Equipment Manufacturers requested an appearance of ROAMEO at their keynote address. Later this week, ROAMEO will be on exhibit at the IAAPA Expo, beginning November 16th in Orlando, Florida.

The company confirmed that the nation’s continuing labor shortage is forcing security services dealers and forward-thinking end users to seek alternatives to manned security guard positions. These alternatives include the use of autonomous, AI-driven robotic solutions. ROAMEO is a mobile security robot that is nearly 7 ft. tall and weighs over 700 lbs. According to the company, ROAMEO is built to autonomously patrol a property or periphery and survey its surroundings, conducting routine patrols, recording, and reporting back to the central command center.

Robotic Assistance Devices (RAD) is a high-tech start-up that delivers robotics and artificial intelligence-based solutions that empower organizations to gain new insight, solve complex security…

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