Ríos

Opto 22's groov RIO firmware version 3.5 adds real-time control to remote I/O

Retrieved on: 
Thursday, August 24, 2023

TEMECULA, Calif., Aug. 24, 2023 /PRNewswire-PRWeb/ -- Opto 22 announces the latest firmware version 3.5 for groov RIO edge I/O. This latest release includes the CODESYS runtime engine, allowing the groov RIO to now function as a real-time controller coupled with software-configurable I/O.

Key Points: 
  • TEMECULA, Calif., Aug. 24, 2023 /PRNewswire-PRWeb/ -- Opto 22 announces the latest firmware version 3.5 for groov RIO edge I/O.
  • The new firmware for groov RIO delivers a compact, configurable, and secure PLC for end-user or OEM engineers, technicians, and developers with smaller industrial control applications.
  • With this new free firmware update, all current groov RIO customers can update their existing RIOs to this latest version and gain these new capabilities.
  • groov RIO 3.5 firmware is available now as a free download from Opto 22.

Production Doubled for AITX's Subsidiary, Robotic Assistance Devices’ RIO™ Solar-Powered ROSA™ Towers

Retrieved on: 
Thursday, August 10, 2023

Detroit, Michigan, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced that it has doubled the current production run of its popular RIO solar-powered security towers. The increased production capacity is a direct result of the continued increase in orders and continuing momentum growth in the marketplace.

Key Points: 
  • The increased production capacity is a direct result of the continued increase in orders and continuing momentum growth in the marketplace.
  • In a press release dated July 11, 2023 , RAD set the third production run of RIO at 100 units.
  • The first production run was 10 units and the second run was 25 units.
  • RAD now announces that the 100 unit production run has been increased to 200 units.

AITX's Subsidiary, Robotic Assistance Devices, Begins Production of 100 RIO 360 Units to Satisfy Surge in Demand

Retrieved on: 
Tuesday, July 11, 2023

Detroit, Michigan, July 11, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced that it has recently begun production of 100 RIO 360 solar-powered security towers. This escalation in the device’s production capacity and schedule is the result of a spike in orders and interest from dealers and corporate end users.

Key Points: 
  • “In just over 9 months RIO has become RAD’s MVP,” said Steve Reinharz, CEO of AITX and RAD.
  • The Company has since upgraded the solution to become RIO 360, a versatile solar tower with dual ROSA devices.
  • The 2 RIO units will be tasked with helping secure the facility’s parking lots from costly instances of loitering, trespassing and vandalism.
  • Reinharz commented that the initial RIO units from this 100-unit production run are expected to be begin shipping by the end of August.

Gus Rios Joins Tractor Beverage Company as Senior Vice President of Marketing

Retrieved on: 
Thursday, June 15, 2023

Tractor Beverage Company , one of North America's fastest-growing beverage brands and the only certified organic, non-GMO total beverage solution for foodservice, is delighted to announce the appointment of Gus Rios as Senior Vice President of Marketing.

Key Points: 
  • Tractor Beverage Company , one of North America's fastest-growing beverage brands and the only certified organic, non-GMO total beverage solution for foodservice, is delighted to announce the appointment of Gus Rios as Senior Vice President of Marketing.
  • His addition to the Tractor Beverage team is positioned to drive substantial growth and solidify the company's market leader position.
  • View the full release here: https://www.businesswire.com/news/home/20230615254089/en/
    Gus Rios Joins Tractor Beverage Company as Senior Vice President of Marketing (Photo: Business Wire)
    Rios's appointment as Senior Vice President of Marketing will enhance Tractor Beverage Company’s marketing capabilities and strengthen its competitive advantage.
  • "I have witnessed firsthand the transformative power of marketing and innovation and am captivated by Tractor’s origin story, family-first mantra, and dedication to changing the beverage industry for good.”
    As Senior Vice President of Marketing at Tractor Beverage Company, Rios will leverage his vast experience and knowledge to lead and oversee all aspects of the company's marketing initiatives.

AITX Provides Update on Robotic Assistance Devices’ Sales and Dealer Channel Expansion

Retrieved on: 
Tuesday, February 21, 2023

“Fiscal year 2024 begins next week and I’m enthusiastic with the depth and the caliber of what’s in RAD’s sales pipeline,” said Steve Reinharz, CEO of AITX and RAD.

Key Points: 
  • “Fiscal year 2024 begins next week and I’m enthusiastic with the depth and the caliber of what’s in RAD’s sales pipeline,” said Steve Reinharz, CEO of AITX and RAD.
  • Should we be successful in hitting it, that number will indicate a 60 percent increase over the previous fiscal year,” Reinharz added.
  • In a press release dated February 8, 2023 , GXO, the world’s largest pure-play contract logistics provider, announced its expanded partnership with AITX and RAD.
  • “It’s impressive that RAD is continuing to penetrate new vertical markets and attract new dealer representation,” said Mark Folmer, RAD President.

AITX's Quarterly Revenue Up 50%, Forecasts Up to 5x Possible Growth for FY2024

Retrieved on: 
Friday, January 20, 2023

AITX is a fully reporting SEC company that files detailed annual and quarterly reports with the SEC.

Key Points: 
  • AITX is a fully reporting SEC company that files detailed annual and quarterly reports with the SEC.
  • Highlights from Q3 of Fiscal Year 2023:
    During Q3, there was a 50% increase in revenue from Q2, moving from $267,484 to $402,399.
  • Recurring monthly revenue on units purchased by this particular client begins after 24 months of deployment.
  • FY2024 will feature balancing efforts on cost savings with accelerated growth in order to increase probability of achieving targeted positive cash flow targets.

AITX's Subsidiary Robotic Assistance Devices Receives Multiple Orders Through New and Existing Dealers

Retrieved on: 
Tuesday, September 27, 2022

Detroit, Michigan, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD) has received six orders, totaling fifteen units, from two recently signed and four existing authorized dealers. The product mix of the fifteen security devices ordered since the last public announcement are eleven RIOs, two ROSAs and two AVAs.

Key Points: 
  • Detroit, Michigan, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., ( OTCPK:AITX ), today announced that its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD) has received six orders, totaling fifteen units, from two recently signed and four existing authorized dealers.
  • RAD expects to make additional announcements of other recently signed authorized dealers and further sales updates in the immediate future.
  • Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost.
  • AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare.

AITX's Subsidiary Robotic Assistance Devices Largest End User Expands to 51 Units with 14 Additional Units

Retrieved on: 
Monday, August 8, 2022

Detroit, Michigan, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., ( OTCPK:AITX ), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) will receive an add-on order of 14 additional units.

Key Points: 
  • Detroit, Michigan, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., ( OTCPK:AITX ), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) will receive an add-on order of 14 additional units.
  • Thirty-seven of the 50 units were earmarked for a well-known mid-west-based manufacturer and were to be deployed at five of their locations.
  • RADs dealer made the recommendations to the end-user that the time was right to deploy RADs cost-effective and proven solutions.
  • I expect that the other clients earmarked for the other 13 units of the original 50-unit order will also expand.

The Big Pun Estate Launches Limited Edition Tribute Box Set Featuring Grandson Ether Rios

Retrieved on: 
Friday, June 10, 2022

Big Pun was the first Latino rapper to achieve platinumstatus for his Grammy-nominated album Capital Punishment.

Key Points: 
  • Big Pun was the first Latino rapper to achieve platinumstatus for his Grammy-nominated album Capital Punishment.
  • On March 22, 2021, Bronx councilman Fernando Cabrera and loved ones of the late Big Pun were on hand as Fordham Road and Grand Concourse were renamed " Big Pun Plaza ."
  • The campaign will also feature a tribute commercial starring Ether Rios, the 11-year-old grandson of Big Pun from his firstborn daughter Star Rios, now 31.
  • The Rios family tree and legacy will continue to grow, reminding people that Big Pun is FOREVER!

Lincoln Ventures Announces New Executive Promotion

Retrieved on: 
Tuesday, August 31, 2021

Rios joined Lincoln Ventures in August of 2020 and has played a leadership role in several marquee development projects since starting at Lincoln Ventures.

Key Points: 
  • Rios joined Lincoln Ventures in August of 2020 and has played a leadership role in several marquee development projects since starting at Lincoln Ventures.
  • "Francisco played a major role launching Lincoln Ventures' national development platform," says David Kanne, CEO of Lincoln Ventures.
  • "Francisco's market knowledge, industry relationships and investment acumen make him an invaluable asset to Lincoln Ventures, and this promotion is proof that he will be an integral part of growing our company."
  • Rios' promotion comes a couple of months after Lincoln Ventures announced its first expansion outside of the Texas market.