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Artificial Intelligence Technology Solutions Provides Updated Financial Guidance

Sep 21, 2018 - GlobeNewswire

Reno NV, Sept. 21, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Artificial Intelligence Technology Solutions Inc. (AITX: OTCPK) provides guidance for its wholly owned subsidiary (RAD - www.roboticassistancedevices.com).

RAD's suite of products which presently includes SCOT, WALLY and FRED provides recurring monthly revenue for RAD. On average, each SCOT, WALLY and FRED respectively can generate, over a 4 year period, $60,000, $25,000 and $12,000 of total revenue for the Company. 

To date the aggregate of all units presently deployed, at purchase order stage and client verbal commitment stage equal more than $2,400,000 worth of total potential revenue. ...