Core Viewpoint - The launch of RADGuard, a new visitor management application by Artificial Intelligence Technology Solutions, Inc. (AITX) and its subsidiary Robotic Assistance Devices, Inc. (RAD), marks a significant advancement in the automation of lobby management, with an initial order of 10 licenses and potential for more, indicating strong market demand for AI-driven security solutions [1][3][7]. Group 1: Product Overview - RADGuard is designed to operate independently on standard Android tablets and RAD's TOM device, expanding licensing opportunities for end users and channel partners [3][4]. - The application streamlines visitor management by handling lobby ingress and egress, visitor badge creation, and instant employee notifications, enhancing security and efficiency [4][5]. - When integrated with TOM, RADGuard offers additional features such as two-way audio and video communication, customizable welcome messages, and concierge services [4][5]. Group 2: Market Context - The shift from full-time receptionists and security guards to automated systems is driven by the need for cost reduction and improved operational efficiency in corporate lobbies [6]. - Companies are increasingly adopting tablet and kiosk-based systems for visitor management, which reduces staffing challenges and enhances consistency in operations [6]. - The market for security and guarding services is valued at nearly $50 billion, with RAD's solutions offering cost savings of 35%-80% compared to traditional manned security [8]. Group 3: Company Strategy and Leadership - The launch of RADGuard as a software-only application allows RAD to extend its technology beyond proprietary hardware, targeting a broader market [7]. - AITX is led by experienced professionals in the security industry, including CEO Steve Reinharz, who emphasizes the potential for RADGuard to create new opportunities in visitor management and security [10]. - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue through future orders [11].