Artificial Intelligence Technology Solutions, Inc. Raises Q3 FY 2022 Revenue Guidance

Artificial Intelligence Technology Solutions, Inc., ( OTCPK:AITX), a global leader in AI-driven security and productivity solutions for enterprise clients today increased its revenue guidance for its fiscal Q3 ending November 30, 2021. This press release features multimedia. AITX CEO Steve Reinharz introduces RAD's yet unnamed robotic dog, part of the RAD 3.0 product offering, at AITX Investors Open House held October 13, 2021, at the company's REX (RAD Excellence Center) in Detroit, Michigan (Photo: Business Wire) As previously disclosed, AITX through its wholly owned subsidiary Robotic Assistance Devices Inc. (RAD), is expected to close October 2021 with Recurring Monthly Revenue (RMR) of over $80,000. "Sales activity has now accelerated to the pace where we can anticipate topping the $100,000 RMR milestone by the end of November 2021," commented Mark Folmer, RAD COO and President. "This is such exciting progress for AITX. We expect significant revenue events before Q3 closes," said Steve Reinharz, CEO and President of AITX.