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AITX's RAD-I Introduces RADCam Enterprise, the First Talking Camera Plus Seamless Compatibility with Industry Leading Video Management System (VMS) Platforms
Globenewswire· 2025-09-15 12:40
Core Viewpoint - The launch of RADCam™ Enterprise marks a significant advancement in AI-driven security solutions, expanding the company's market reach and enhancing its product offerings for enterprise and SMB markets [1][2][7]. Group 1: Product Features and Capabilities - RADCam Enterprise is a proactive video security platform that integrates an intelligent talking camera, enabling immediate communication to deter potential threats before human intervention is needed [3][6]. - The device includes a speaker, microphone, and high-intensity lighting, allowing for live or automated messages and two-way communication, enhancing situational awareness [3][6]. - It is compatible with leading Video Management Systems (VMS) and operates on RADSoC™ and RADMobile™ platforms, broadening its market applicability [4][6]. Group 2: Market Strategy and Financial Aspects - The solution is priced below industry standards, aiming to reduce traditional security costs by 35%-80% compared to manned security services [5][8]. - The commercial availability of RADCam Enterprise is expected to create meaningful recurring revenue opportunities and strengthen the company's position in the AI-driven security market [7][12]. Group 3: Company Background and Leadership - Artificial Intelligence Technology Solutions, Inc. (AITX) and its subsidiary RAD are focused on redefining the $50 billion security services industry through innovative AI-driven solutions [8][9]. - The leadership team, including CEO Steve Reinharz and President Mark Folmer, brings extensive experience in security services and technology, enhancing the company's credibility and operational effectiveness [11][12]. Group 4: Sales Pipeline and Client Opportunities - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future business growth and recurring revenue generation [12]. - The company is actively converting existing sales opportunities into deployed clients, which is expected to lead to numerous reorders over time [12].