GFAI Guardforce AI Company Ltd

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 technology company specializing in AI and data processing management. Additionally, Guardforce AI will host an exclusive product launch event for their customers on Friday, May 17, 2024, in Bangkok, Thailand. The event will also officially unveil two additional AI robotic solutions, including a showcase of tailored AI and robotic solutions for hospital, retail, school, restaurant, and travel markets.

LinguaBot has been developed to enhance chatbot capabilities for concierge services, integrating advanced generative AI features developed by iApp and specifically tailored for the Thai language. Dr. Kobkrit Wiriyayutakorn, CEO, and founder of iApp, commented, “We’re thrilled to collaborate with Guardforce AI. Guardforce AI’s operational experience gives us great insights on customer requirements in specific fields. Coupled with our experience in developing generative AI chatbot solutions in Thai, English and Chinese, we’re confident this solution will revolutionize concierge services, particularly within the travel sector, providing customers with intelligent functionalities and seamless interactions.”

The event will also showcase two additional robotic solutions:

1. Barism: Tailored specifically for bars and pubs, the solution offers digitized booking, ticketing and payment functions, as well as facilitating interactive activities between establishments and customers, enhancing business operations and driving additional revenue.

2. Wish Note: Tailored for event planning, Wish Note is the ideal solution for weddings, celebrations, and travel experiences. It caters specifically to the needs of wedding planners, event organizers, and travel attractions.

Lei (Olivia) Wang, Chairwoman and Chief Executive Officer of Guardforce AI, commented, "As a solution provider, we prioritize our customers' needs and consistently introduce various solutions, with a particular focus on AI capabilities, to meet their specific requirements. We are excited about our partnership with iApp and the launch of our exclusive LinguaBot in Thailand. We look forward to hosting our product launch event, where we will also showcase Barism and Wish Note. This event marks the formal launch of our innovative AI solutions in the retail and travel markets in Thailand. Our partnership with iApp underscores our commitment to localizing and customizing robotic solutions, combining AI and advanced technologies to meet the evolving needs of our clients.”

About Guardforce AI Co., Ltd.

Guardforce AI Co., Limited (NASDAQ: GFAI/GFAIW) is a global integrated solution provider, focusing on security solutions (since 1982) and AI & robotic solutions (since 2020). Drawing upon its extensive experience in the security industry, spanning over 41 years, along with an established premiere long-term customer base, and robust sales channels, Guardforce AI has embarked on a transformative journey towards becoming a total AI solution provider. While firmly rooted in the Asia Pacific region, Guardforce AI also expanded its global presence in the U.S. For more information, visit www.guardforceai.com Twitter: @Guardforceai

About iApp Technology Co., Limited

iApp is a Bangkok-based AI technology company, aims to develop and provide suitable, cutting-edge AI solutions for a broad range of clients, from small to large, both nationally and internationally. It specializes in comprehensive AI services such as facial recognition,  ASR (Automatic Speech Recognition), TTS (Text-to-Speech), and chatbots with LLM (Large Language Models)  that are customized to various businesses. For more information, please explore at https://ai.iapp.co.th.

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Investor Relations: David Waldman or Natalya RudmanCrescendo Communications, LLCEmail: gfai@crescendo-ir.comTel: 212-671-1020

Guardforce AI Corporate CommunicationsHu YuEmail: yu.hu@guardforceai.com