Shares of Artificial Intelligence Technology Solutions (OTC:AITX) are up 17% on news of a dealer agreement with Protos Security.
Last week, the company announced a big deal on the horizon. This could be a start to a wonderful 2021 as multiple deals are in line for the company. I expect that their technology is in high demand.
AITX’s wholly-owned subsidiary Robotic Assistance Devices (RAD) has signed Protos Security as a dealer for the entire suite of RAD products. Protos Security is a leader in nationwide security guard management, specializing in putting retail and commercial clients back in control of their security guard program by providing oversight to fulfill any assignment requested, reduce costs, increase incident reporting and ultimately deliver the peace of mind they expect.
The press release went on to say:
“We are thrilled to have signed with RAD and look forward to presenting their autonomous security solutions to our end-users and prospects,” said Nathaniel Shaw, Protos Security CEO. “One of our large facility property management partners referred us to RAD, and RAD’s innovative approach in providing cost-efficient, easy to deploy solutions is a perfect fit for us.”
“RAD is delighted to now call Protos a dealer,” said Steve Reinharz, President and CEO of RAD. “It’s exhilarating when you consider the wide range of opportunities that Protos and RAD can now deliver to end-users. Protos has built a modern approach to providing security services that is well aligned with RAD’s innovative hardware and software solutions.”
Details of the agreement were not disclosed, but the company confirmed a RAD unit will be initially delivered to Protos as part of the dealer agreement, with additional orders anticipated immediately following. Reinharz added, “We are confident this relationship will yield amazing results for both Protos and RAD in 2021.”
Protos Security is a leading provider of security personnel and is uniquely qualified to deliver security services throughout the United States, Canada, & Puerto Rico. With our own direct security division, supplemented by a network of over 4000 security providers, Protos ensures a seamless experience for a fast-growing list of clients.