Core Insights - Guardforce AI is expanding its AIoT Robot Advertising business into the U.S. market with the deployment of over 200 robots in New York, marking a significant milestone in its advertising strategy [1] - The company has completed a proof-of-concept for a decentralized spatial computing solution, set to launch in late August, which will enhance the efficiency of its robots and create additional revenue streams [1][3] Business Expansion - The deployment of robots in high-traffic areas such as restaurant entrances, supermarkets, and hotels aims to establish a robust advertising network that enhances visibility for local and national brands [2] - All robots are connected to the Guardforce AI Intelligent Cloud Platform (ICP), allowing advertisers to access real-time campaign data and optimize their strategies based on detailed exposure metrics [2] Technological Advancements - The upcoming decentralized spatial computing solution will enable robots to utilize their unused computing power for complex computations while performing their primary functions, thus maximizing efficiency [3] - Revenue will be generated based on the number of tasks completed and the total duration of robots' online time, providing a new revenue stream for the company [3] Leadership Perspective - The Chairwoman and CEO of Guardforce AI expressed excitement about the U.S. expansion and the positive market response, highlighting the growing demand for computing power in the AI and robotics sectors [4] - The company aims to localize these solutions and expand them to other regions in the future, indicating a strategic growth plan [4] Company Background - Guardforce AI Co., Limited is a global integrated solution provider focused on AI and robotics solutions to enhance operational efficiency, particularly in the retail and travel industries in the Asia Pacific [5] - The company has 42 years of operational experience and a strong customer base, positioning it well for global expansion and tailored AI solutions [5]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [1] - The news team covers various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [2] - Proactive has a strong presence in key finance and investing hubs with bureaus and studios located in major cities such as London, New York, Toronto, Vancouver, Sydney, and Perth [3] Group 2 - The company specializes in medium and small-cap markets while also keeping the community informed about blue-chip companies, commodities, and broader investment stories [4] - Proactive employs technology to enhance workflows and has a history of being a forward-looking technology adopter [5] - All content published by Proactive is edited and authored by humans, despite the occasional use of automation and software tools, including generative AI [6]

"Our longstanding client relationships and ability to expand service offerings validate our competitiveness and the trust our clients place in us," said Lei (Olivia) Wang, Chairwoman and Chief Executive Officer of Guardforce AI. "Currently, Beijing Wanjia manages over 120,000 video security channels nationwide, showcasing our robust capabilities in software development and operations. Additionally, outside of Mainland China, we provide services to approximately 7,000 retail stores in Thailand, which are als ...

Core Insights - Guardforce AI's subsidiary, Beijing Wanjia Security System Limited, has significantly expanded its contracts with two long-term retail clients, enhancing its service offerings and business footprint across nearly 20,000 retail stores in the Asia Pacific region [2][8]. Group 1: Company Overview - Beijing Wanjia Security System Limited, established in 1996, focuses on retail solutions, including smart retail solutions, CCTV, and security alarm operations [1]. - The company has integrated advanced technology in data cleaning and model building to improve retail operational efficiency and loss prevention systems [1]. - Currently, Beijing Wanjia operates in over 600 cities in China, serving a diverse client base [1]. Group 2: Business Expansion - The first client, a health and beauty brand, has added security alarm services for approximately 3,900 stores, increasing Beijing Wanjia's total security alarm operations to over 12,000 stores, marking a 50% increase from the end of 2023 [12]. - The second client, an international coffeehouse chain, has extended security alarm services to all its stores for two years and plans to install systems in nearly 1,000 stores nationwide [7][12]. - Beijing Wanjia currently manages over 120,000 video security channels across China, showcasing its capabilities in software development and operations [8]. Group 3: Technological Advancements - The company is enhancing its smart retail solutions by implementing AI and advanced data analysis, which significantly improves loss prevention efforts by analyzing customer flow, demographics, and behavior [3][8]. - Guardforce AI aims to further integrate robotics and AI into its retail offerings, aligning with its continuous development strategy [8].

About the publisher About Emily Jarvie Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages mo ...

New York, NY, June 25, 2024 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited ("Guardforce AI" or the "Company") (NASDAQ: GFAI, GFAIW), an integrated security, AI and Robot-as-a-Service (RaaS) provider, today announced Guardforce Cash Solutions Security (Thailand) Company ("GFCS"), a subsidiary of Guardforce AI, has successfully secured a 5-year contract to operate Consolidated Cash Center ("CCC") in Chiangmai on behalf of the Bank of Thailand ("BOT"), commencing at the end of 2024. About Guardforce AI Co., Lt ...

New York, NY, June 25, 2024 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited ("Guardforce AI" or the "Company") (NASDAQ: GFAI, GFAIW), an integrated security, AI and Robot-as-a-Service (RaaS) provider, today announced Guardforce Cash Solutions Security (Thailand) Company ("GFCS"), a subsidiary of Guardforce AI, has successfully secured a 5-year contract to operate Consolidated Cash Center ("CCC") in Chiangmai on behalf of the Bank of Thailand ("BOT"), commencing at the end of 2024. Prior to winning the contra ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and onl ...

Hosting Product Launch Event on May 17th, 2024 in Bangkok, Thailand NEW YORK, NY , May 15, 2024 (GLOBE NEWSWIRE) -- Guardforce AI Co., Limited ("Guardforce AI" or the "Company") (NASDAQ:GFAI, GFAIW))), an integrated security provider specializing in secured logistics, Artificial Intelligence (AI) and Robot-as-a-Service (RaaS), today announced the launch of the "LinguaBot" solution in Thailand through a strategic partnership and collaboration with iApp Technology Co., Ltd ("iApp"), a leading Thailand based t ...

Guardforce AI Reports Record Revenue of $36.3 Million for 2023 Gross profit increased 43% over the prior year Reports significant advancement in robotic service and AI capabilities expected to enhance market leadership and propel growth NEW YORK, NY / April 29, 2024 / Guardforce AI Co., Limited ("Guardforce AI" or the "Company") (NASDAQ: GFAI, GFAIW), an integrated security, AI and Robot-as-a-Service (RaaS) provider, today announced financial results and provided a business update for the year ended Decembe ...