Patriot One Technologies Inc. (OTCQB: PTOTF)(TSX:
PAT.V) News
June 14, 2017
Fighting Terror: Innovative
Companies Take Aim at Fresh Solutions for Global Defense
New York, NY – June 14, 2017 –
NetworkNewsWire.com News
Coverage: As headlines of terrorist attacks and public shooting
incidents dominate national and global news, it’s little wonder that national
security and defense represent big business in today’s market. Among defense
stocks that stand out,
Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF), Axon
Enterprise, Inc. (NASDAQ: AAXN), Siemens AG (OTC: SMAWF), Lockheed Martin Corp.
(NYSE: LMT) and
Raytheon
Company (NYSE: RTN) are developing innovative solutions to help solve the
world’s security problems.
One differentiated player within the defense industry is
Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF). In light of
increased global concern of the threat of terrorist attacks, this company’s
solutions are more relevant than ever.
Engaged in creating powerful solutions that minimize security risks, Patriot One
employs novel radar technology for the detection of concealed weapons. The
company’s disruptive PATSCAN technology, the first system of its kind and the
next-generation version of the company’s award-winning NForce CMR1000 software
and radar solution, is an innovative cognitive microwave radar system designed
to instantly detect concealed weapons—even on moving targets.
This award-winning technology was developed through a NATO-funded project at
McMaster University and is the first budget-friendly solution to be developed
for active shooter prevention. The patent-pending solution boasts machine
learning properties, which enable it to learn and identify new threats.
PATSCAN identifies individuals who are carrying weapons—including guns, knives
or suicide vests—by analyzing metal
content and then relating that content to a database of known weapon signatures.
The system’s detection is real-time and fully computer-based, and because the
solution is small, it can be covertly placed in doorways or hallways as a
preventative measure against attacks in public places, such as stadiums, concert
venues, schools, airports and more.
Unlike other weapons detection technology on the market, with Patriot One’s
products, subject compliance ceases to be an issue, since individuals don’t know
they are being scanned. Additionally, privacy concerns are eliminated since the
solution does not generate an image of those it scans. Wherever PATSCAN is
deployed, security personnel are automatically alerted if an active threat
enters the premises, and the system has an impressive overall accuracy rate of
93 percent.
As
Patriot One Technologies advances on its mission to become a world-class
enterprise to increase public safety and deter acts of violence worldwide, the
company leverages vast expertise in high-frequency electromagnetics,
counter-terrorism, conflict resolution, government/corporate interface, sensor
development, proactive security and business development. The company recently
added to its board of directors John Gillies, a 33-year veteran of national and
international security and intelligence.
Axon Enterprise, Inc. (NASDAQ: AAXN) (formerly TASER International) is also
engaged in providing fresh technologies that protect life via a network of
devices, applications and people aimed at helping law enforcement become smarter
and safer. The company’s innovations began with its TASER electrical weapons
back in the 1990s, and today, Axon continues to safeguard life in pioneering
ways with its expanding suite of connected devices and apps, which includes
TASER smart weapons, body cameras, digital evidence management tools, in-car
video solutions, records management systems, artificial intelligence automation
and more. Axon’s technologies work collaboratively to automate outdated law
enforcement processes so that officers can more quickly and effectively find the
truth and serve their communities.
A significant aspect of operations for Siemens AG (OTC: SMAWF) is its
defense-related solutions for both government and military, including offering
Siemens PLM Software solutions to aerospace and defense agencies. Siemens boasts
more than 55 years of defense collaboration and, as a partner in the security
space, spans both the physical and virtual worlds as it integrates information
and communication technology with industrial infrastructure, modernizing
information technology and transforming operations and administration for
national security bodies. The company is able to synchronize product and
material life cycles, accelerate complicated global logistics systems, optimize
border control for enhanced safety and speed, dynamically provision virtual
access rights, deliver powerful military communication networks and
revolutionize marine systems.
Part of the current defense-related innovations at Lockheed Martin (NYSE: LMT)
is the company’s pioneering efforts in fiber lasers. Lockheed Martin is
demonstrating that laser weapon systems can effectively halt land, air and sea
targets and can be designed compactly and power-efficiently enough for tactical
platforms on the move, supplying almost limitless ammunition with light-speed
response.
The company’s technology is capable of defending against small rockets,
artillery shells and mortars, small unmanned aerial vehicles, small attack boats
and lightweight ground vehicles that are up to a mile away. As power levels
increase for fiber lasers, Lockheed Martin’s systems will further be able to
combat even larger threats across even greater distances. These systems can also
serve as a force multiplier when operated in combination with kinetic energy
systems.
Technology and innovation leader Raytheon Company (NYSE: RTN) also specializes
in defense, civil government and cybersecurity solutions. Offering a huge array
of defense and security related products and services, Raytheon is focused on
global defense, including homeland protection, defending allies and protecting
trade. The company’s air and missile defense systems include proven
interceptors, radars and space sensors that work in concert to offer protection
against ballistic missiles, cruise missiles, aircraft and other threats. The
company’s SM-3 missile and Exoatmospheric Kill Vehicle successfully defeat
warheads while they are still in space, and Raytheon’s JLENS aerostats offer
regional defense from 10,000 feet for up to 30 day at a time. The company’s
long-range radars further offer round-the-clock monitoring throughout the world.
The increasing frequency of terrorist actions and other significant public
attacks in recent years has put security concerns at the forefront for the
world’s citizens. A study of data from 1966 to date reveals a significant
increase in mass shootings in the U.S. that outpaces any other country.
Statistics for the 46-year period show that, while America represents only 5% of
the world’s population, it accounts for 31% of all public mass shootings.
According to data from the FBI, there were 160 incidents from 2000 to 2013,
resulting in 486 deaths and 557 wounded. More recently, in 2014 and 2015, there
were nearly six times as many incidents compared to 2000 and 2001. The
disturbing increase in violence suggests that there will be increasingly more
incidents if effective preventative measures aren’t taken.
The good news is that innovations offered by these companies represent powerful
tools as nations fight back against threats and work to restore peace of mind
for the public.
For more information on Patriot One Technologies please visit:
Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF) or
www.Patriot1Tech.com
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----------------------------------------------------------------------------------------------
Recent Patriot One Technologies News:
Patriot One Marks 3-Months of
Global PATSCAN Sales with $2.7M in Signed Agreements
Concealed Weapons Detection System
Maker Exceeds 90% of 2017 Order Target
TORONTO, CANADA - 06/13/17 - Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of the award-winning PATSCAN CMR™
concealed weapons detection system, is pleased to report that in the three
months since product marketing began during the lead up to the ISC West trade
show in Las Vegas, confirmed sales commitments now top $2.7 million.
Patriot One sales efforts are currently focused on categories including houses
of worship, academic institutions, event centres, casinos, commercial offices,
hotel properties, government agencies and other locations at high risk of
terrorist
attack. Orders have been received from locations spanning four continents, and
new territorial opportunities are opening as reseller influence grows.
Patriot One President and CTO Dinesh Kandanchatha notes, "Our roll-out program
initially conceived finalizing our engineering in early spring in order to meet
Industry Canada and FCC certification requirements by late summer. This timing
also aligns with our go-to-market packaging initiative and expectation that we
will begin shipments to end-user installations by Q4 of this year."
As a result of recent sales performance, as well as new agreements with
resellers in Canada, the US, the UK, and South Africa, Patriot One is now
receiving requests to employ special waivers allowing for the immediate
deployment of PATSCAN CMR to users that have a demonstrated need under
certification exemption guidelines.
"We have informed our supply chain partners of the accelerating demand, and I am
confident that our scalable manufacturing processes will be well equipped to
fulfil our orders," says Kandanchatha. "It means a lot of work ahead, but it is
a highly positive and not wholly unanticipated situation at this phase of our
strategic growth plan."
Martin Cronin, Patriot One CEO, notes, "Proving out demand is a key factor for
any early stage company with an exciting new product. The surge we are
experiencing reflects the outcomes of repeated successful demonstrations of the
system's capability. The word on Patriot One's weapons detection solution is
spreading rapidly."
Cronin adds, "All of us at Patriot One Technologies are honoured to have the
opportunity to deploy a product with such value as a catalyst for positive
change. To have an opportunity to improve public safety and to save lives as a
basis for a successful business venture is something we all are very proud of."
ON BEHALF OF THE BOARD
"Martin Cronin"
CEO & Director
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF)
(FRANKFURT: 0PL):
Patriot One has developed PATSCAN CMR™ the next generation of its award-winning
Patriot One Technologies™ NForce CMR1000 software and radar solution. PATSCAN
CMR is a first-of-its-kind Cognitive Microwave Radar concealed weapons detection
system as an effective tool to combat active shooter threats before they occur.
Designed for cost-effective deployment in weapon-restricted buildings and
facilities, the Patriot One software solution and related hardware can be
installed in hallways and doorways to covertly identify weapons and to alert
security of an active threat entering the premises. Owner/operators of private
and certain public facilities can now prominently post anti-weapons policies
with compliance assured. The Company's motto Deter, Detect and Defend is based
on the belief that widespread use of its technology will act as an effective
deterrent, thereby diminishing the epidemic phenomena of active shooters across
the globe. For more information, visit: www.patriot1tech.com. Patriot One
Technologies are proud winners of the 2017 Anti-Terrorism / Force Protection
category of the Security Industry Association's New Product Showcase at ISC
West.
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release contains
forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
For further information, please contact: Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
Patriot One Appoints Former
Senior Counter Terrorism Official John Gillies to Board
Former Canadian Security Intelligence Service (CSIS) Senior Executive
Strengthens Corporate Governance
TORONTO, CANADA - 05/31/17 - Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of the revolutionary
award-winning PATSCAN CMR™ concealed weapons detection system, is pleased to
announce and welcomes the appointment of Mr. John Gillies as a member of it's
Board of Directors.
Mr. Gillies has recently served as an advisor to Patriot One since its
commercial inception, and brings over 33 years of federal government experience,
principally within the national and international security and intelligence
environment. Mr. Gillies served as an Assistant Director with the Canadian
Security Intelligence Service (CSIS) and as a member of the CSIS Senior
Executive Committee. Past duties within CSIS include extensive experience in
both counter-intelligence and counter-terrorism sectors in a variety of roles
including as Director General, Counter Terrorism Division and Director General,
BC
Region during the 2010 Winter Olympic Games. During his tenure as the Chief
Human Resources Officer (CHRO) for CSIS, Mr. Gillies also served as a member of
the Board of Governors for Canada's 10 Most Admired Corporate Cultures; sat as a
Board member for the National Capital CHRO Forum; and served as a member of the
Conference Board of Canada's Strategic Human Resource Management Council. Prior
to joining the Canadian Security Intelligence Service, Mr. Gillies served as a
police officer in the Royal Canadian Mounted Police (RCMP) which included
service within the Drug Enforcement Section. He is a graduate of the University
of Victoria and currently resides in the Lower Mainland of British Columbia.
"On behalf of the team at Patriot One, I am delighted to welcome John onboard in
his new role as a Director of the Company," expressed Martin Cronin, Patriot One
CEO. "John has provided an outstanding service to us since we first launched
this venture and his guidance has proven invaluable. Now that we have him fully
entrenched in our business, we look forward to working together to continue to
build a world-class enterprise based on shared values aimed at protecting the
public's right to safety."
John Gillies adds, "I am honored to join the Patriot One board and team, as the
company moves aggressively to fulfill its commitment to Deter, Detect and Defend
against acts of violence around the globe."
In related news, the Company advises that its Annual General Meeting (AGM) was
held on Tuesday, May 30, 2017 at 10:00 a.m. PST. Voting on resolutions included
an increase in the number of Directors to five, re-election of all previous
Directors, the appointment of Mr. Gillies to the Board, the appointment of
Davidson & Company LLP as Auditors, and approval and ratification of the
Corporation's existing stock option plan.
ON BEHALF OF THE BOARD
"Martin Cronin"
CEO & Director
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF)
(FRANKFURT: 0PL): Patriot One has developed PATSCAN CMR™ the next generation of
its award-winning Patriot One Technologies™ NForce CMR1000 software and radar
solution. PATSCAN CMR is a first-of-its-kind Cognitive Microwave Radar concealed
weapons detection system as an effective tool to combat active shooter threats
before they occur. Designed for cost-effective deployment in weapon-restricted
buildings and facilities, the Patriot One software solution and related hardware
can be installed in hallways and doorways to covertly identify weapons and to
alert security of an active threat entering the premises. Owner/operators of
private and certain public facilities can now prominently post anti-weapons
policies with compliance assured. The Company's motto Deter, Detect and Defend
is based on the belief that widespread use of its technology will act as an
effective deterrent, thereby diminishing the epidemic phenomena of active
shooters across the globe. For more information, visit: www.patriot1tech.com.
Patriot One Technologies are proud winners of the 2017 Anti-Terrorism / Force
Protection category of the Security Industry Association's New Product Showcase
at ISC West.
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release contains
forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will," "may," "should," "anticipate," "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
For further information, please contact: Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
Patriot One and SENGEX
Accelerate PATSCAN Delivery to U.S. Government Agencies
TORONTO, CANADA - 05/25/17 - Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of the revolutionary
award-winning PATSCAN CMR concealed weapons detection system, announced today it
has entered into a reseller agreement with systems integration experts SENGEX of
McLean, Virginia.
SENGEX cyber security services and solutions combine industry expertise in
government data security with innovative technologies, and provides security
solutions to government, healthcare and commercial organizations. SENGEX has
been awarded and maintains contracts within a number of U.S. government
organizations to facilitate ongoing strategic and technical consulting services.
In addition to direct contract capability, SENGEX maintains continuous
relationships with a number of prime contractors on a preferred basis enabling
potential clients to also acquire SENGEX services as a subcontractor. Clients
include a number of agencies under the auspices of the U.S. Department of
Defense and related
intelligence community organizations.
Patriot One President and CTO Dinesh Kandanchatha notes, "Patriot One has seen
huge demand in the market related to the PATSCAN CMR technology. Given our
engineering resources are firmly concentrated on manufacturing scalability, new
product evolutions, and advancing our weapons identification programs, we have
determined our best approach is to focus on relationships with resellers who
have committed sales, engineering, and financial resources to the promotion of
PATSCAN CMR. This joint partnership with our resellers will guarantee that our
clients will receive the best possible solution aimed at ensuring that we
achieve our primary goal of ending the loss of life and property due to the
unlawful use of guns, knives or explosive devices."
Conversations with SENGEX began in early March of this year allowing for a
period of due diligence which culminated with Patriot One's award as winners of
the Anti-Terrorism -- Force Protection category of the Security Industry
Association's New Product Showcase in Las Vegas. Since receiving the award,
discussions advanced quickly towards preparations for SENGEX to begin presenting
PATSCAN CMR to a number of select federal agencies.
"The addition of Patriot One Technologies solutions to the SENGEX portfolio
complements and enhances our early-warning threat detection offerings for DoD
and government organizations," said Dave Boulos, SENGEX Director of Marketing
and Business Development. "SENGEX concentrates on providing solutions that can
detect threats and track their movement that would otherwise be missed or
circumvented by conventional entryway detection solutions. Inclusion of the
Patriot One PATSCAN CMR in our offerings fits well with the need to provide
protection for our most precious resource -- human life."
Patriot One's Kandanchatha adds, "We are excited to begin presenting to specific
federal agencies with immediate need. We will work with our partners to secure
FCC waivers to ensure rapid installation at those federal departments where time
is of the essence for deployment. It is our plan that the initial commitment of
50 units ship as fast as we can prepare them, potentially being installed as
quickly as late summer -- much faster than any of our previous projections
indicated. Our team is absolutely ready for the job ahead, and fully committed
to solving the dilemma presented by the increasingly deadly acts of public
violence which we hope to help bring to an end."
About SENGEX SENGEX is a Service Disabled Veteran Owned Small Business (SDVOSB)
focused on delivering data and wireless security solutions to government and
commercial organizations. SENGEX's products and services enable organizations to
implement leading edge security solutions quickly and economically, providing
customers the comfort their mission critical data is safe from risk at rest or
in transit across public and private networks. For more, please visit
www.sengex.com.
ON BEHALF OF THE BOARD
"Dinesh Kandanchatha"
President & Director
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF) (FRA:
0PL):
Patriot One has developed PATSCAN™ the next generation of its award-winning
Patriot One Technologies™ NForce CMR1000 software and radar solution. PATSCAN™
is a first-of-its-kind Cognitive Microwave Radar concealed weapons detection
system as an effective tool to combat active shooter threats before they occur.
Designed for cost-effective deployment in weapon-restricted buildings and
facilities, the Patriot One software solution and related hardware can be
installed in hallways and doorways to covertly identify weapons and to alert
security of an active threat entering the premises. Owner/operators of private
and certain public facilities can now prominently post anti-weapons policies
with compliance assured. The Company's motto Deter, Detect and Defend is based
on the belief that widespread use of its technology will act as an effective
deterrent, thereby diminishing the epidemic phenomena of active shooters across
the globe. For more information, visit: www.patriot1tech.com. Patriot One
Technologies are proud winners of the 2017 Anti-Terrorism / Force Protection
category of the Security Industry Association's New Product Showcase at ISC
West.
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release contains
forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
For further information, please contact: Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
Patriot One Obtains Purchase
Agreement with Reseller Serving U.S. Government and Military
TORONTO, CANADA - 05/10/17 - Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of the revolutionary
award-winning PATSCAN CMR concealed weapons detection system, today announced a
reseller agreement with Information Technology Communications contracting firm
JJB Federal LLC and its specialty sales division UnitedEye Inc., based in the
Washington, DC area.
Patriot One CEO Martin Cronin said, "We are pleased to have entered into a
reseller agreement with JJB Federal, a highly credible industry partner. With
today's announcement, and in just four weeks since our launch in Las Vegas, we
have now achieved a number of contractual commitments totalling over $1.1
million USD. Access to government and military contracts require years of
experience and an established network of contacts in any region; Washington DC
is particularly unique
and complex. The JJB Federal team has the connections, reach and proven
experience to accelerate Patriot One product sales. We are delighted to welcome
JJB Federal to our growing sales network, and to help protect the public and
those who serve."
Having initially taken note of Patriot One at the International Chiefs of Police
Conference (IACP) in October 2016, and upon seeing live product demonstrations
of Patriot One's PATSCAN CMR system at the recent ISC West event, JJB Federal
Manager Marshal Plotner commented, "The emergence of this technology is a
breakthrough in advanced threat detection that positively identifies those with
intentions to cause harm; who, up until this technology arrived would go
undetected until the threat was imminent. With this heightened capability, we
are now able to proactively react to an aggressor and, simultaneously, protect
potential targets, bystanders and/or property. The added strength and advantage
that Patriot One's CMR1000 brings is crucial in disrupting violence and
safeguarding the populace. To say this faculty is simply necessary is to greatly
understate its impact!"
Cronin added, "We will be shipping several units to JBB Federal in support of
demonstrations to U.S. government agencies. Our reseller agreement includes an
initial commitment of 50 units, and we anticipate very strong federal interest
and demand to follow."
Mr. Plotner adds, "JJB Federal, LLC. and UnitedEye, Inc. have a history of
supporting our federal government and men and women in uniform both at home and
abroad. Our desire to serve our nation is seconded by our desire to protect it.
This partnership with Patriot One gives us an increased and unique capacity to
augment existing security measures and to offer new capabilities and security
for the public. We see our relationship with Patriot One as the instrument with
which to offer counter-threat protection in any location with entry and exit
points where there is a mass gathering; educational institutions, financial
institutions, public transit locations, domestic municipalities, just to name a
few."
About JJB Federal. LLC JJB Federal is a veteran-owned Information Technology
Communications contracting company. Headquartered in Chesapeake, Virginia, JJB
Federal serves the United States Government both domestically and
internationally. The firm's clients include the U.S. Dept. of the Navy, Dept. of
Defense, Dept. of Education, and many other strategically important agencies.
The JJB Federal team possess expertise encompassing all facets of the IT
Infrastructure Industry, including Military Infrastructure. The company
facilitates projects from inception to installation and deployment. Its services
include project design, installation and maintenance of electronic security
systems (ESS), as well as audio/visual, network infrastructure and information
management systems. To learn more, visit www.jjbfed.com.
ON BEHALF OF THE BOARD
"Martin Cronin"
President & Director
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF)
(FRANKFURT: 0PL):
Patriot One has developed PATSCAN™ the next generation of its award-winning
Patriot One Technologies™ NForce CMR1000 software and radar solution. PATSCAN™
is a first-of-its-kind Cognitive Microwave Radar concealed weapons detection
system as an effective tool to combat active shooter threats before they occur.
Designed for cost-effective deployment in weapon-restricted buildings and
facilities, the Patriot One software solution and related hardware can be
installed in hallways and doorways to covertly identify weapons and to alert
security of an active threat entering the premises. Owner/operators of private
and certain public facilities can now prominently post anti-weapons policies
with compliance assured. The Company's motto Deter, Detect and Defend is based
on the belief that widespread use of its technology will act as an effective
deterrent, thereby diminishing the epidemic phenomena of active shooters across
the globe. For more information, visit: www.patriot1tech.com. Patriot One
Technologies are proud winners of the 2017 Anti-Terrorism / Force Protection
category of the Security Industry Association's New Product Showcase at ISC
West.
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release contains
forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
For further information, please contact: Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
Patriot One Delivers Message
from its President
Company summarizes Q1 and offers
insights on upcoming events
TORONTO, CANADA - 05/02/2017 - Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of a revolutionary award-winning
concealed weapons detection system, is pleased to provide the following message
from Company President and CTO Dinesh Kandanchatha.
Dear Shareholders, partners and stakeholders,
As President of Patriot One, I am pleased to provide an update of the Company's
accomplishments in the first quarter of 2017 and the milestones we expect to
achieve in the upcoming quarter.
The start of 2017 was marked by a number of significant events for the Company.
First was our installation of demonstration showcases involving several core
verticals targeted by Patriot One through 2017 and 2018, including
hospitality/gaming, entertainment, and houses of worship. Beyond effectively
demonstrating Patriot One's technology, these showcases garnered significant
interest from local media and the broader security community. Additionally,
these live installations provided valuable opportunities to further refine
Patriot One's cognitive microwave radar system in real-world conditions. Over an
extended field trial period, the system successfully and consistently detected
concealed weapons with zero false negatives and a false positive rate of less
than 5 per cent.
Next, Patriot One was honoured to receive a prestigious award from the Security
Industry Association (SIA) for best new counter terrorism/force protection
product, as evaluated by security leaders from some of the world's largest
security organizations. The SIA presented the award during the ISC West
conference in Las Vegas -- one of America's largest security technology
conferences. During the event, the Company also hosted two informative panel
sessions, which included representatives from the Company's newly announced
business affiliates at Mutual Safe of South Africa and the University of North
Dakota. These experts also shared their insights on Patriot One's website
testimonial page.
To support Patriot One's central aim to deliver products in Q4 2017, the Company
has intensified pre-sales preparations as demonstrated by a significant backlog
of pending orders. In fact, as of today, Patriot One's purchase commitments
exceed the Company's 2017 target production volume.
To achieve Patriot One's product delivery goals, a significant effort over the
next 60 days will focus on meeting specific certification obligations. Internal
testing results of our technology through our rigorous Quality Assurance process
indicate our production system can meet or exceed all the requirements for both
FCC and Industry Canada certification while meeting our commitment to maintain
the highest possible standard of efficacy. Currently, our production team is
deep in the process of completing the documentation and system requirements to
submit for certification before the end of Q2.
Concurrent to these efforts, Patriot One is in conversations with three of the
global security market's largest system integrators. New members have been added
to the Patriot One team to support the Company's system training and deployment
program through integration partnerships. Overall, the Company's production,
engineering, marketing and sales programs are well positioned to execute a
planned ramp up through the second half of 2017 and into 2018.
Lastly, we have registered the trademark PATSCAN to protect branding activities
that will underpin an expanded product line of detection technologies based on
Patriot One's Cognitive Microwave Radar (CMR) technology. Patriot One recently
announced its successful award of a federal NSERC (Natural Sciences Engineering
Research Council) grant that will support existing research and development
dollars to accelerate the Company's new PATSCAN CMR covert concealed weapons
detection system for fixed, mobile and wearable applications and increase the
manufacturing margins of Patriot One's current technology design.
In closing, I thank our Board for their counsel and guidance through this
foundational year, as well as the Company's many investors, both long-standing
and those new to Patriot One, for their valuable feedback and support in the
first quarter of 2017.
We are excited by the Company's achievements and prospects, and are committed to
our ongoing mission to generate significant results and shareholder returns
going forward.
ON BEHALF OF THE BOARD
"Dinesh Kandanchatha"
President & Director
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF)
(FRANKFURT: 0PL): Patriot One has developed PATSCAN™ the next generation of its
award-winning Patriot One Technologies™ NForce CMR1000 software and radar
solution. PATSCAN™ is a first-of-its-kind Cognitive Microwave Radar concealed
weapons detection system as an effective tool to combat active shooter threats
before they occur. Designed for cost-effective deployment in weapon-restricted
buildings and facilities, the Patriot One software solution and related hardware
can be installed in hallways and doorways to covertly identify weapons and to
alert security of an active threat entering the premises. Owner/operators of
private and certain public facilities can now prominently post anti-weapons
policies with compliance assured. The Company's motto Deter, Detect and Defend
is based on the belief that widespread use of its technology will act as an
effective deterrent, thereby diminishing the epidemic phenomena of active
shooters across the globe. For more information, visit: www.patriot1tech.com.
Patriot One Technologies are proud winners of the 2017 Anti-Terrorism / Force
Protection category of the Security Industry Association's New Product Showcase
at ISC West.
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release contains
forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
For further information, please contact: Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
Patriot One Explores Strategic
Relationship with Tier 1 Integrator
Company advances concealed weapons
detection opportunity with global partner
TORONTO, CANADA - April 26, 2017 - Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of a revolutionary award-winning
concealed weapons detection system, is pleased to announce its entry into an
agreement with a strategic industry partner aimed at significantly broadening
its ongoing product commercialization activities.
The opportunity is being undertaken with a well established and industry leading
organization recognized as a Tier 1 Systems Integrator with offices and
facilities around the globe. Patriot One has entered into an agreement which
provides for a technical evaluation by both parties to identify operational
efficiencies and opportunities employing Patriot One’s concealed weapons
detection software and
related hardware components. This will be accomplished through a series of
integration tests with the partner.
Both parties have indicated a willingness in principle to enter into a
Value-Added Reseller (VAR) relationship whereby Patriot One may appoint the
partner as a sales representative for several potential major markets. The terms
and conditions of such a commercial relationship are planned for discussion
throughout the evaluation period.
Company CEO, Martin Cronin notes, “Working with major commercial partners
exactly aligns with our business model, as it offers extraordinarily attractive
opportunities to propel our product roll-out and holds the potential to drive
significant awareness of our product’s ability to decrease the menace of random
public violence. We are benefitting from a period of intensifying interest and
have greatly appreciated inquiries from a number of leading integrators, major
potential distributors and resellers from literally around the globe. We
attribute much of this interest to our recent and highly successful
award-winning debut at ISC West in Las Vegas. Its an exciting time at Patriot
One and we thank everyone for their ongoing commitment and interest in our
endeavour.”
ON BEHALF OF THE BOARD
“Martin Cronin"
President & Director
About Patriot One Technologies, Inc. (TSX.V:PAT) (OTCQB: PTOTF) (FRA: 0PL):
Patriot One has developed PATSCAN™ the next generation of it’s award-winning
Patriot One Technologies™ NForce CMR1000 software and radar solution. PATSCAN™
is a first-of-its-kind Cognitive Microwave Radar concealed weapons detection
system as an effective tool to combat active shooter threats before they occur.
Designed for cost-effective deployment in weapon-restricted buildings and
facilities, the Patriot One software solution and related hardware can be
installed in hallways and doorways to covertly identify weapons and to alert
security of an active threat entering the premises. Owner/operators of private
and certain public facilities can now prominently post anti-weapons policies
with compliance assured. The Company’s motto Deter, Detect and Defend is based
on the belief that widespread use of its technology will act as an effective
deterrent, thereby diminishing the epidemic phenomena of active shooters across
the globe. For more information, visit: www.patriot1tech.com.
Patriot One Technologies are proud winners of the 2017 Anti-Terrorism / Force
Protection category of the Security Industry Association’s New Product Showcase
at ISC West.
For further information, please contact:
Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release contains
forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
Source: Patriot One Technologies, Inc.
Patriot One Announces Canadian
Research Partnership Grant to Advance Concealed Weapons Detection PATSCAN(TM)
2.0
NSERC's Idea to Innovation grant
supports technological evolution
TORONTO, CANADA - 04/13/17 - Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of a revolutionary concealed
weapons detection system, advises today that its university research partner was
awarded CAD$161,321 from the Natural Sciences and Engineering Research Council's
(NSERC) Idea to Innovation Phase II Grant, which will help to advance and
further evolve its Intellectual Property (IP) portfolio.
NSERC's grant, along with cash and in-kind contributions from Patriot One,
creating a total project value of almost CAD$355,000, will assist in propelling
the Company towards new products and solutions for the detection of concealed
weapons. Proposed advances include practical trials aimed at commercial
development of low power wearable and vehicle
mounted adaptations of its innovative software and related hardware solution.
News of the funding comes at a time of growing public interest as the Company
recently received significant industry recognition of its efforts as category
winners (Anti-Terrorism & Force Protection) at the 2017 Security Industry
Association's (SIA) New Product Showcase (NPS) component of the ISC West
conference and trade show, the largest annual industry event of its kind in
North America.
Patriot One CTO, Dinesh Kandanchatha notes, "Even as we bring our initial
product to market, our strategic long term planning actually began some time ago
when we began discussions to look at alternative threats and ways of addressing
those needs through product adaptation. Today's announcement brings us that much
closer to delivering our latest technology 2.0 platform, what we are calling
PATSCAN™, the next generation of our award-winning Patriot One NForce CMR1000
software and radar solution. We thank NSERC and our partners for making today's
funding announcement possible and look forward to continued success as we move
forward with new and exciting advancements to our technology."
ON BEHALF OF THE BOARD
"Martin Cronin"
President & Director
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF)
(FRANKFURT: 0PL):
Patriot One has developed a first-of-its-kind Cognitive Microwave Radar
concealed weapons detection system as an effective tool to combat active shooter
threats before they occur. Designed for cost-effective deployment in
weapon-restricted buildings and facilities, the innovative software solution and
related hardware can be installed in hallways and doorways to covertly identify
weapons and to alert security of an active threat entering the premises.
Owner/operators of private and certain public facilities can now prominently
post anti-weapons policies with compliance assured. The Company's motto Deter,
Detect and Defend is based on the belief that widespread use of its technology
will act as an effective deterrent, thereby diminishing the epidemic phenomena
of active shooters across the globe. For more information, visit:
www.patriot1tech.com.
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release contains
forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
For further information, please contact: Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
Patriot One Wins Best In
Category at Security Industry Association Event at ISC West
Patriot One's concealed weapons
detection solution and radar device wins Anti-Terrorism / Force Protection
TORONTO, CANADA - 04/06/17 - Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of a revolutionary concealed
weapons detection system, was recognized on Wednesday, April 5th by the Security
Industry Association (SIA) as winners of the Anti-Terrorism / Force Protection
category in the New Product Showcase (NPS) component of the ISC West industry
trade show and conference in Las Vegas, NV.
SIA NPS judges are highly skilled and experienced in security technology design
and application. It is a requirement for their position. Each judge possesses a
minimum of 10 years' experience in the selection, purchase and/or installation
of products within the category that they are judging. The New Product Showcase
is the premier platform for security
professionals to evaluate new products and technologies for use in security
applications.
"We are very pleased to achieve this exciting award today. Positive peer review
in our industry is essential for growth, and this award in particular highlights
and validates our efforts to-date," said Martin Cronin, CEO & Director of
Patriot One Technologies. "We are generating significant interest at this very
important event and are already receiving congratulations and interest from
around the world."
In related news, Patriot One hosted a pair of informative panel sessions which
included security experts from Canada, the USA, UK and South Africa encompassing
the private and public sectors, as well as entertainment and education spaces in
an engaging conversation regarding measures to deter, detect and defend against
today's threats of terrorism and active shooter violence.
"As this is the largest security industry trade show in the U.S. today, we are
enjoying the visibility we are achieving amongst some of the world leaders in
the security industry," continued Mr. Cronin. "I came to this event with the
belief that we would find ourselves benchmarked against the best products in the
market for weapons detection, and to come out on top of our category is really
big news for us, our partners and stakeholders alike. We have a full slate of
meetings to complete before we leave the event and look forward to following up
in the coming weeks and months ahead."
The first-of-its-kind NForce CMR1000 is an easily-concealed, cost-effective and
non-invasive full-body scanning technology that is practical and safe. The
device can covertly detect on-body concealed weapons (rifles, handguns, knives,
grenades, explosive vests) at key access points and doorways of
weapons-restricted buildings and facilities. The solution is designed to be
installed behind walls, in ceilings and in floors, and may be installed to
notify security professionals prior to an individual carrying a weapon into a
building. In addition, the NForce CMR1000 solution can be integrated with other
access point security systems to assist in locking down doors, turnstiles,
elevators and other access point gating systems.
For more information on Patriot One, visit www.patriot1tech.com. For more
information on ISC West, visit iscwest.com.
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF)
(FRANKFURT: 0PL): Patriot One has developed a first-of-its-kind Cognitive
Microwave Radar concealed weapons detection system as an effective tool to
combat active shooter threats before they occur. Designed for cost-effective
deployment in weapon-restricted buildings and facilities, NForce CMR1000 can be
installed in hallways and doorways to covertly identify weapons and to alert
security of an active threat entering the premises. Owner/operators of private
and certain public facilities can now prominently post anti-weapons policies
with compliance assured. The Company's motto Deter, Detect and Defend is based
on the belief that widespread use of its technology will act as an effective
deterrent, thereby diminishing the epidemic phenomena of active shooters across
the globe. For more information, visit: www.patriot1tech.com and watch the
video.
ON BEHALF OF THE BOARD "Martin Cronin"
CEO & Director
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release contains
forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
For further information, please contact: Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
Patriot One Welcomes Governor
Tom Ridge to Advisory Board
First U.S. Secretary of Homeland
Security and former Pennsylvania Governor formally joins executive advisory team
TORONTO, CANADA - 04/04/17 - Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of a revolutionary concealed
weapons detection system, proudly announced today the formal appointment of Tom
Ridge to its Advisory Board. Gov. Ridge was the first U.S. Secretary of Homeland
Security and 43rd Governor of Pennsylvania. Today he is the founding partner and
Chairman of Ridge Global, a risk management and cybersecurity firm in
Washington.
Martin Cronin, CEO and Director of Patriot One Technologies, Inc., notes "This
is a very proud day for our entire team at Patriot One Technologies. Gov.
Ridge's remarkable career has provided him with an extraordinary perspective
into the many complex issues in the security industry today. His strategic
insight and access throughout the sector are an immense asset to our efforts
both at home and abroad. Without reserve, I am confident in stating that today's
appointment is a
major milestone in our corporate growth, strategic planning ability, and depth
of leadership. On behalf of our entire team I wish to welcome Gov. Ridge
onboard, and personally look forward to working together to make Patriot One the
leader in weapons detection technology around the globe."
In related news, Governor Ridge will be joining Patriot One's sponsored vendor
solution showcase panel session at the ISC West Conference in Las Vegas this
week (Wednesday April 5th at 12:30PM Stands #101 & 102). The panel of security
experts will discuss the steps they are taking to deter, detect and defend
against today's threats of terrorism and active shooter violence. To find out
more, please visit the ISC West website at: http://www.iscwest.com/Education/Vendor-Solutions/#.
Gov. Ridge was instrumental as a thought leader and keynote speaker at Patriot
One's launch at the International Association of Chiefs of Police (IACP)
conference in San Diego in October of 2016. During that event, Gov. Ridge spoke
passionately on the need for new technology solutions in the security sector,
stating the need for a practical combination of technology innovation and smart
practices to overcome the growing threat to personal security worldwide. A video
of his comments from the event can be viewed here.
As a direct result of the previously announced engagement of Ridge Global as a
strategic advisory resource, Governor Ridge further determined to more closely
and personally assist in the development efforts of Patriot One, which
ultimately led to today's announcement.
Following the tragic events of September 11th, 2001, Tom Ridge became the first
Assistant to the President for Homeland Security and, on January 24, 2003,
became the first Secretary of the U.S. Department of Homeland Security. During
his DHS tenure, Secretary Ridge worked with more than 180,000 employees from a
combined 22 agencies to create an agency that facilitated the flow of people and
goods, instituted layered security at air, land and seaports, developed a
unified national response and recovery plan, protected critical infrastructure,
integrated new technology and improved information sharing worldwide. Tom Ridge
served as Secretary of this historic and critical endeavor until February 1,
2005. Before the events of September 11th, Tom Ridge was twice elected Governor
of Pennsylvania. For more information, visit: https://www.ridgeglobal.com/tom-ridge.
ON BEHALF OF THE BOARD
"Martin Cronin"
CEO & Director
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF)
(FRANKFURT: 0PL):
Patriot One has developed a first-of-its-kind Cognitive Microwave Radar
concealed weapons detection system as an effective tool to combat active shooter
threats before they occur. Designed for cost-effective deployment in
weapon-restricted buildings and facilities, the Patriot One software solution
and related hardware can be installed in hallways and doorways to covertly
identify weapons and to alert security of an active threat entering the
premises. Owner/operators of private and certain public facilities can now
prominently post anti-weapons policies with compliance assured. The Company's
motto Deter, Detect and Defend is based on the belief that widespread use of its
technology will act as an effective deterrent, thereby diminishing the epidemic
phenomena of active shooters across the globe. For more information, visit:
www.patriot1tech.com.
Governor Ridge on Patriot One: VIDEO.
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release contains
forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
For further information, please contact: Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
Patriot One Signs Reseller
Agreement and Purchase Order with South African Security Firm
Mutual Safe and Security Group to
become latest reseller of concealed weapons detection system
TORONTO, CANADA - 03/29/17 - Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of a revolutionary concealed
weapons detection system, is pleased to announce it has entered into both a
reseller licensing agreement and purchase order for an initial sale in the
amount of US$500,000 with Mutual Safes International Pty Ltd. ("Mutual Safe
Group") of Pretoria, South Africa.
Patriot One CEO, Martin Cronin, notes, "The team at Mutual Safe Group have been
highly responsive and very professional to work with. Their customers operate in
a high-risk environment every day, and Mutual Safe have become a virtual
household name in South Africa as the trusted name in security solutions. We are
extremely pleased to welcome them to our growing network of resellers and are
impressed with the determination with which they entered into this agreement."
Established in 1984, and as its name implies, the Mutual Safe Group's core
operation offers an extensive array of premium quality category safes, including
UL & SABS rated, deposit and cash management, fire and filing, home, office and
gun safes, lockers and truck hoppers. Door solutions include anti-bandit, strong
room, SABS rated, archive storage, fire and
blast resistant bulletproof and an outstanding line of vaults. The company
offers related security solutions including time lock and access control
solutions, along with turnkey airtube solutions and mobile ATM units, ATM drop
units and ATM trailers.
"We are extremely proud and enthusiastic in signing this reseller agreement,"
states Mutual Safe Group CEO, Jason Storm Green. "Our group strives to identify
and implement technologies such as the product offering from Patriot One
Technologies. We foresee this technology becoming a leading deterrent and
defence against the active threats of terrorism and armed violence which has
become a global concern for public safety worldwide."
Patriot's Martin Cronin further states, "We truly look forward to building this
relationship, especially as our technology holds the potential to bring piece of
mind to many business owners and citizens in a region plagued by acts of
violence. With this announcement, we achieve another step towards the ambitious
future that we set for ourselves when we started our Company, so we are
delighted to announce this agreement today as our vision continues to become
reality."
ON BEHALF OF THE BOARD
"Martin Cronin"
President & Director
About Mutual Safes International Pty Ltd. Mutual Safes was established in 1984
and the Head Office, with manufacturing plant and export division, is situated
in Pretoria, South Africa. A second manufacturing plant operates out of George
in the Southern Cape. Between them, these two factories service associated
companies and branches across the country with offices in Johannesburg, Cape
Town, Durban, Bloemfontein, Nelspruit and Port Elizabeth. For more information,
visit: www.mutual.co.za.
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF)
(FRANKFURT: 0PL): Patriot One has developed a first-of-its-kind Cognitive
Microwave Radar concealed weapons detection system as an effective tool to
combat active shooter threats before they occur. Designed for cost-effective
deployment in weapon-restricted buildings and facilities, the Patriot One
software solution and related hardware can be installed in hallways and doorways
to covertly identify weapons and to alert security of an active threat entering
the premises. Owner/operators of private and certain public facilities can now
prominently post anti-weapons policies with compliance assured. The Company's
motto Deter, Detect and Defend is based on the belief that widespread use of its
technology will act as an effective deterrent, thereby diminishing the epidemic
phenomena of active shooters across the globe. For more information, visit:
www.patriot1tech.com.
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release contains
forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
For further information, please contact: Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
Patriot One Announces Evaluation and Purchase Agreement with Iconic Las Vegas
Property
Westgate Las Vegas Resort & Casino
to Install Concealed Weapons Detection System
TORONTO, CANADA - 03/23/17 - Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of a revolutionary concealed
weapons detection system, today announced an agreement with Westgate Las Vegas
Resort & Casino for a trial of its technology in order to evaluate integration
capabilities with existing in-house security systems.
Westgate Las Vegas Resort & Casino has long been an iconic landmark, comprised
of nearly 3,000 hotel rooms, including 305 suites located on 64 acres with a
74,000-square foot casino and 200,000 sq. ft. convention center. The property is
owned by Florida-based Westgate Resorts, the largest privately held company in
Central Florida. Today, Westgate Resorts encompasses 28 resorts with more than
13,500 villas across the United States.
Westgate's Chief Operating Officer Mark Waltrip said, "With this partnership, we
are pleased to be moving ahead and look forward to deploying the product on-site
and to integrating it with our existing security infrastructure. Hopefully this
is the first of many deployments across our locations around the United States."
Patriot One CEO, Martin Cronin comments, "We believe our innovative concealed
weapons detection software solution and related hardware offers a very
significant step forward in security technology. Naturally, Las Vegas offers us
a chance to really put our solution to the test in a premier global destination.
As a first class showcase for our company, we thank the Westgate team for their
vision and leadership in providing us the opportunity to deploy the installation
in front of a key audience. During the upcoming ISC West Conference in April, we
plan to demonstrate the system under real operating conditions to the visiting
security community from across the nation. This is a wonderful opportunity for
us and we look forward to a mutually beneficial relationship with Westgate
Resorts."
ON BEHALF OF THE BOARD
"Martin Cronin"
President & Director
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF)
(FRANKFURT: 0PL):
Patriot One has developed a first-of-its-kind Cognitive Microwave Radar
concealed weapons detection system as an effective tool to combat active shooter
threats before they occur. Designed for cost-effective deployment in
weapon-restricted buildings and facilities, the innovative software solution and
related hardware can be installed in hallways and doorways to covertly identify
weapons and to alert security of an active threat entering the premises.
Owner/operators of private and certain public facilities can now prominently
post anti-weapons policies with compliance assured. The Company's motto Deter,
Detect and Defend is based on the belief that widespread use of its technology
will act as an effective deterrent, thereby diminishing the epidemic phenomena
of active shooters across the globe. For more information, visit:
www.patriot1tech.com.
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release contains
forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
For further information, please contact: Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
Patriot One Welcomes UK
Distributor Kinetic Six Ltd.
Advisory Board adds key UK members
with a focus on global issues
TORONTO, CANADA - 03/20/17 - Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of a revolutionary concealed
weapons detection system, is pleased to announce entry into its first overseas
distributor agreement with Kinetic Six Ltd. ("Kinetic Six") of Hereford, UK.
Kinetic Six was founded to provide innovative communications and sustainability
solutions to the defense sector and related government departments, as well as
consulting services to humanitarian and NGO organizations. This further includes
providing solutions at challenging wildlife conservation projects operating in
compromised regions around the globe. The company offers a unique understanding
of latest technologies and brings years of experience in delivering
custom-tailored engineering excellence alongside high quality support services.
As Patriot One technical partners and distributors, Kinetic Six will be
installing the innovative software and related hardware solution for
demonstration purposes at their new Hereford headquarters and in an iconic
central London location.
The process of engaging with Kinetic Six was made possible through the direct
involvement of two key individuals in the
UK. Andrew Brear and Phil Jones offer significant security sector expertise and
an intimate understanding of regional issues along with a wealth of industry
contacts. As a result, the Company is further pleased to announce their
appointment as newest members of the Patriot One Advisory Board.
Phil Jones, Lieutenant General (retired), served for over 35 years in the
British Army in command and staff positions around the world including as a
Brigade Commander in Northern Ireland, military advisor to the UN SRSG in
Afghanistan, Military Attaché in Washington DC, and as Director of ISAF Force
Reintegration organization in Afghanistan. He was the first Chief of Staff of
the UK Joint Forces Command and later served as Chief of Staff of NATO's Supreme
Allied Command for Transformation. He is keenly interested in multinational
strategy, counter-terrorism and counter-insurgency.
Andrew Brear, is a former British diplomatic officer with extensive
international experience in political, intelligence and security issues. He
specializes in operational and organizational development and change in
diplomatic, commercial and national security sector organizations. Currently,
his companies are delivering projects across Africa, in the Middle East and the
United Kingdom. Throughout his diplomatic career, he served repeatedly in
operational roles in Middle East and South Asian conflict zones from 1999-2011,
and in operational counter terrorism roles domestically and internationally.
Phil Jones and Andrew Brear are founding partners of security strategy
consultancy Othrys. For more information on the Advisory Board, please visit:
https://patriot1tech.com/company/leadership.
Martin Cronin, CEO and Director of Patriot One Technologies Inc. comments, "The
addition of Phil and Andrew to our Advisory Board is an immense plus to our
global efforts. They bring access to an extensive network of contacts within the
security sector, especially in parts of the world that experience the threat of
violence on a daily basis. I am further delighted to welcome Kinetic Six Ltd as
UK technical partners and distributors. We are thrilled to have the support of
such respected professional colleagues in the UK, and look forward to a long and
fruitful association."
ON BEHALF OF THE BOARD
"Martin Cronin"
CEO & Director
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF)
(FRANKFURT: 0PL):
Patriot One has developed a first-of-its-kind Cognitive Microwave Radar
concealed weapons detection system as an effective tool to combat active shooter
threats before they occur. Designed for cost-effective deployment in
weapon-restricted buildings and facilities, the Patriot One software solution
and related hardware can be installed in hallways and doorways to covertly
identify weapons and to alert security of an active threat entering the
premises. Owner/operators of private and certain public facilities can now
prominently post anti-weapons policies with compliance assured. The Company's
motto Deter, Detect and Defend is based on the belief that widespread use of its
technology will act as an effective deterrent, thereby diminishing the epidemic
phenomena of active shooters across the globe. For more information, visit:
www.patriot1tech.com.
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release contains
forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
For further information, please contact: Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
Patriot One Hosts Expert Panel
at ISC West to Confront the Threat from Terrorism and Active Shooters
ISC Vendor Solution Showcase to
feature a panel of security experts from the private and public sector,
including Governor Tom Ridge, to discuss the global challenges of terrorism and
strategies to defend the public
TORONTO, CANADA - 03/16/17 - Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of a revolutionary concealed
weapons detection system, is pleased to announce its first of two panels, as
well as guest speakers, at ISC West's Vendor Solution Showcase in Las Vegas, NV
on April 5, 2017.
Patriot One will host a panel of security experts from the private and public
sectors, including the entertainment and education spaces to discuss measures to
deter, detect and defend against today's threats of terrorism and active shooter
violence.
The panel will discuss the threats and trends in incidents of mass violence and
the strategy to deter and detect threats before incidents occur. The panel will
invite collaboration in best practice.
Deter, Detect & Defend Against Today's Active Shooters, presented by Patriot One
Technologies Wednesday, April 5 -
12:30pm - 1:30pm PDT.
Sands Expo Center 201 East Sands Avenue, Las Vegas, NV - Sands 101 & 102
Moderator:
Martin Cronin, CEO & Director of Patriot One Technologies
Speakers:
Gov. Tom Ridge - first US Secretary of Homeland Security
John Malevich - Siemens Security Solutions
Chief Eric Plummer - University of North Dakota
John Gillies - former Assistant Director with the Canadian Security Intelligence
Service (CSIS),
Jamie Graham - former Chief Constable of the Victoria (Canada) Police Department
and previously Chief Constable (Police Chief) of the Vancouver Police
Department.
Immediately following this ISC Vendor Solution Panel, Patriot One will host a
second panel on public security and technology with Thomas Cook, Security
Consultant, Westgate Resorts and Michael Rozin, Rozin Security from 1:30pm -
2:30pm PT.
ABOUT ISC WEST ISC West is the largest security industry trade show in the U.S.
At ISC West, those attending have the opportunity to network with over 29,000
security professionals. For more information on ISC West, visit iscwest.com.
ABOUT PATRIOT ONE TECHNOLOGIES, INC. (TSX VENTURE: PAT) (OTCQB: PTOTF)
(FRANKFURT: 0PL):
Patriot One has developed a first-of-its-kind Cognitive Microwave Radar
concealed weapons detection system as an effective tool to combat active shooter
threats before they occur. Designed for cost-effective deployment in
weapon-restricted buildings and facilities, the NForce CMR1000 software solution
and related hardware can be installed in hallways and doorways to covertly
identify weapons and to alert security of an active threat entering the
premises. Owner/operators of private and certain public facilities can now
prominently post anti-weapons policies with compliance assured. The Company's
motto Deter, Detect and Defend is based on the belief that widespread use of its
technology will act as an effective deterrent, thereby diminishing the epidemic
phenomena of active shooters across the globe. For more information, visit:
www.patriot1tech.com.
ON BEHALF OF THE BOARD "Martin Cronin"
CEO & Director
CAUTIONARY DISCLAIMER STATEMENT: No Securities Exchange has reviewed nor accepts
responsibility for the adequacy or accuracy of the content of this news release.
This news release contains forward-looking statements relating to product
development, licensing, commercialization and regulatory compliance issues and
other statements that are not historical facts. Forward-looking statements are
often identified by terms such as "will", "may", "should", "anticipate",
"expects" and similar expressions. All statements other than statements of
historical fact, included in this release are forward-looking statements that
involve risks and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Important factors that
could cause actual results to differ materially from the Company's expectations
include the failure to satisfy the conditions of the relevant securities
exchange(s) and other risks detailed from time to time in the filings made by
the Company with securities regulations. The reader is cautioned that
assumptions used in the preparation of any forward-looking information may prove
to be incorrect. Events or circumstances may cause actual results to differ
materially from those predicted, as a result of numerous known and unknown
risks, uncertainties, and other factors, many of which are beyond the control of
the Company. The reader is cautioned not to place undue reliance on any
forward-looking information. Such information, although considered reasonable by
management at the time of preparation, may prove to be incorrect and actual
results may differ materially from those anticipated. Forward-looking statements
contained in this news release are expressly qualified by this cautionary
statement. The forward-looking statements contained in this news release are
made as of the date of this news release and the Company will update or revise
publicly any of the included forward-looking statements as expressly required by
applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
For further information, please contact:
Patriot One Inquiries
+1 (800) 753-0031
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
Patriot One and University of North Dakota To Commence Concealed Weapons
Detection Evaluation
Campus Police Chief a Key Advocate for Tech Solution to Balance Rights and
Safety of Students and Staff
TORONTO, CANADA - 03/15/17 - Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of a revolutionary concealed
weapons detection system, is very pleased to announce it has entered into a
Memorandum of Understanding ('MOU") with the University of North Dakota ("UND")
for a real-world pilot study aimed at evaluating product efficacy in this active
public environment.
UND is a public research university located in Grand Forks, North Dakota. The
campus is made up of 240 buildings (6.4 million square feet) on 550 acres. Over
15,000 students from North Dakota as well as all 50 states and over 60 other
nations attend classes on the UND campus each year.
The installation of the Patriot One system in a location yet to be determined on
campus, will provide for a period of technology configuration and data
collection. Upon successful completion of the study, it is the intent of both
parties to explore a commercial arrangement that may expand the scope of the
technology solution to encompass
additional facilities and locations at the University.
Head of Campus Public Safety, Eric Plummer, Associate Vice President for Public
Safety and Chief of Police (UND), states, "I became extremely interested in this
technology during my attendance at the International Association of Chiefs of
Police Conference in San Diego late last year, and immediately saw how this
technology could greatly benefit the University. The ability to protect the
campus community would be transformed by a non-intrusive perimeter to control
weapons access on campus without impinging on the civil rights of our community.
I believe this solution provides us the potential to provide that ability. In my
position, my mandate is to identify, implement and manage many important safety
procedures for the University and as such we are excited about implementing this
solution."
Company CEO, Martin Cronin notes, "Chief Plummer has been a great driving force
in moving this effort forward. We are looking forward to mobilizing our team to
North Dakota in order to get the NForce CMR1000 software solution and related
hardware installed and operational. We have some coordination details to
conclude in advance, but I believe that these will be handled in short order as
we are all keen to see this product in action and preventing potential senseless
acts of violence."
ON BEHALF OF THE BOARD
"Martin Cronin"
President & Director
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF)
(FRANKFURT: 0PL):
Patriot One has developed a first-of-its-kind Cognitive Microwave Radar
concealed weapons detection system as an effective tool to combat active shooter
threats before they occur. Designed for cost-effective deployment in
weapon-restricted buildings and facilities, the NForce CMR1000 software solution
and related hardware can be installed in hallways and doorways to covertly
identify weapons and to alert security of an active threat entering the
premises. Owner/operators of private and certain public facilities can now
prominently post anti-weapons policies with compliance assured. The Company's
motto Deter, Detect and Defend is based on the belief that widespread use of its
technology will act as an effective deterrent, thereby diminishing the epidemic
phenomena of active shooters across the globe. For more information, visit:
www.patriot1tech.com.
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release contains
forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
For further information, please contact: Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
Patriot One Partners with
Prominent Jewish Community Center to Deploy Concealed Weapons Detection System
TORONTO, CANADA - 02/22/17 - Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of a revolutionary concealed
weapons detection system, is extremely pleased to announce the execution of an
agreement paving the way for a first-in-kind installation of its NForce CMR1000
Concealed Weapons Detection System at The Shul of Bal Harbor ('the Shul")
located in Miami's Surfside neighbourhood (www.theshul.org).
The purpose of the first installation of Patriot One's NForce Concealed Weapons
Detection system is to prove the accuracy and consistency of concealed weapons
detection in a real-world setting.
THE SHUL OF BAL HARBOR JEWISH COMMUNITY CENTER, FLORIDA
Located on Collins Avenue since the early 1990s, the Shul's current 34,000
sq./ft. structure is the center for Jewish activities for the adjacent
communities and thousands of international tourists that visit or make South
Florida their second home. The Shul's commitment to the highest standards of
leadership, learning and outreach is evident through its programs, classes and
services, which will soon enjoy a significant boost upon completion of a large
building expansion.
The Shul is based on the ideology of Chabad Lubavitch, which is one of the
world's best known Hasidic movements and is well known for its outreach. It is
the largest Hasidic group and Jewish religious organization in the world with
more than 3,600 institutions in over 1,000 cities, spanning more than 80
countries and all 50 American states (www.chabad.org).
Shaya G., Director of the Shul's Security, and a representative to the U.S.
Dept. of State Bureau of Diplomatic Security (OSAC) and other UGOV Agencies
comments, "When we first heard of the work Patriot One is undertaking in
Orlando, we were immediately intrigued and set out to learn more. Our facilities
are places of worship and academia and we'd prefer the use of Patriot One's
technology to maintain our open door/welcoming policy as opposed to body
searches and magnetometers. Yet, as evidenced in recent news reports where the
current administration has come to publicly recognize that we are a community at
risk, the opportunity to covertly lessen our threat exposure and increase our
safety perimeter demands to be investigated fully. With that in mind, we are
delighted that Patriot One could soon be introducing its product at one of our
important community facilities. We truly welcome a mutually successful outcome
in this venture."
Company CEO, Martin Cronin notes, "We are grateful to Shaya and his team for
their professional approach and rapid grasp of the potential of the Patriot One
concealed weapons detection system. This agreement calls for a reasonable trial
period which if successful, is aimed at leading to further commercial orders.
This is a perfect example of how the Patriot One concealed weapons detection
system can fundamentally alter, and rapidly change the ability to manage threat
exposure within communities and organizations across the nation."
ON BEHALF OF THE BOARD
"Martin Cronin"
President & Director
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF)
(FRANKFURT: 0PL): Patriot One has developed a first-of-its-kind Cognitive
Microwave Radar concealed weapons detection system as an effective tool to
combat active shooter threats before they occur. Designed for cost-effective
deployment in weapon-restricted buildings and facilities, the NForce CMR1000
software solution and related hardware can be installed in hallways and doorways
to covertly identify weapons and to alert security of an active threat entering
the premises. Owner/operators of private and certain public facilities can now
prominently post anti-weapons policies with compliance assured. The Company's
motto Deter, Detect and Defend is based on the belief that widespread use of its
technology will act as an effective deterrent, thereby diminishing the epidemic
phenomena of active shooters across the globe. For more information, visit:
www.patriot1tech.com.
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release contains
forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
For further information, please contact: Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
Patriot One Provides NForce
CMR 1000 Software Solution and Related Hardware Product Update
TORONTO, CANADA - 02/22/17 - Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of a revolutionary concealed
weapons detection system, is pleased to announce that its NForce CMR1000
software solution and related hardware, has completed internal quality assurance
in preparation for a major trade exhibition in April.
The hardware already carries the "CE Mark" which certifies that the product has
met EU health, safety and environmental requirements that ensure consumer and
workplace safety and allows manufacturers to circulate industrial products
freely within the internal market of the EU. The system is now entering
pre-certification testing for FCC compliance ahead of its product launch at ISC
West (International Security Conference) in Las Vegas in April. The product has
also been vetted as ready for inclusion in the prestigious New Product Showcase
at that conference.
Patriot One is now optimising its software to enhance performance
characteristics and continues to collect additional weapons "signatures" for
entry into the NForce proprietary database library. This is being achieved
through an extensive law enforcement network which provides controlled access to
weapons collections globally. The Company also advised
today that it has now identified a manufacturer in the USA that has the capacity
to meet the initial demand forecasts of its NForce CMR1000 production needs
through 2018.
"One of the most noticeable recent developments is a sleek new profile which
will enable greater installation versatility in the field," notes Dinesh
Kandanchatha, President and CTO of Patriot One Technologies Inc.
In addition, Patriot One has recently developed valuable new IP regarding
antenna design, which will result in the filing of additional patents further
protecting its technological advantage in the marketplace.
Along with the previously announced plans to launch a demonstration location in
Orlando, Florida, Patriot One has initiated a test site at its new head office
in Burlington, Ontario where it has begun ushering strategic groups through the
facility demonstrating this ground breaking new technology. The presentation
conclusively establishes the NForce CRM1000 software solution's ability to
identify a weapon (threat) from a non-threat. The private tours include an
in-depth look at the science behind the process and an introduction to its
user-friendly interface which enables anyone to operate the system with ease;
not just security personnel. An exciting new feature of the user interface is
the ability to combine a simultaneous camera image of an individual as an alert
is triggered.
"Our engineering team have worked long and hard to take this lab proven
technology and transform it into a commercial product. This is a momentous
achievement in our corporate development," added Kandanchatha. "In preparation,
our supply relationships are already being locked down, and we are satisfied
that we have a robust design ready to meet both customer requirements and volume
expectations."
For more information on Patriot One, visit www.patriot1tech.com; product
information described above can be found here.
ON BEHALF OF THE BOARD
"Martin Cronin"
CEO & Director
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF)
(FRANKFURT: 0PL): Patriot One has developed a first-of-its-kind Cognitive
Microwave Radar concealed weapons detection system as an effective tool to
combat active shooter threats before they occur. Designed for cost-effective
deployment in weapon-restricted buildings and facilities, the NForce CMR1000
software solution and related hardware can be installed in hallways and doorways
to covertly identify weapons and to alert security of an active threat entering
the premises. Owner/operators of private and certain public facilities can now
prominently post anti-weapons policies with compliance assured. The Company's
motto Deter, Detect and Defend is based on the belief that widespread use of its
technology will act as an effective deterrent, thereby diminishing the epidemic
phenomena of active shooters across the globe. For more information, visit:
www.patriot1tech.com.
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release contains
forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
For further information, please contact: Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
Patriot One Selected for New
Product Showcase by Security Industry Association at ISC West
Patriot One and its NForce CMR1000 solution and radar device will be showcased
at ISC West in Las Vegas from April 5-7 under the Anti-Terrorism / Force
Protection Category
TORONTO, CANADA - 02/16/2017 - Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of a revolutionary concealed
weapons detection system, has been accepted and recognized by the Security
Industry Association (SIA) and ISC West to participate in the New Product
Showcase in Las Vegas, NV. The New Product Showcase is the premier platform for
security professionals to evaluate new products and technologies for use in
security applications.
Patriot One’s NForce CMR1000 software solution will be featured in the
Anti-Terrorism/Force Protection category as part of the New Product Showcase at
ISC West, the largest security industry trade show in the U.S. The event will be
held at the Sands Expo Center in Las Vegas from April 5-7th.
“We are honored and excited to be accepted into the New Product Showcase, that
benchmarks us against the best products in the market for weapons detection”
said Martin Cronin, CEO & Director of Patriot One Technologies. “We are pleased
to demonstrate to the judges an innovative and disruptive technology that will
be a real step forward in public security.”

The first-of-a-kind NForce CMR1000 is an easily-concealed, cost-effective and
non-invasive full-body scanning technology that is practical and safe. The
device can covertly detect on-body concealed weapons (rifles, handguns, knives,
grenades, explosive vests) at key access points and doorways of
weapons-restricted buildings and facilities. The solution is designed to be
installed behind walls, in ceilings and in floors, and may be installed to
notify security professionals prior to an individual carrying a weapon into a
building. In addition, the NForce CMR1000 solution can be integrated with other
access point security systems to assist in locking down doors, turnstiles,
elevators and other access point gating systems.
Patriot One’s NForce CMR1000 solution utilizes very low power microwave
emissions that, through machine learning algorithms, are able to target,
identify and notify security professionals and law enforcement of concealed
threats.
“We’ve designed this technology for use in any public or private facility to
effectively manage and restrict unlawful weapons access,” added Cronin. “Our
mission is to reduce the spread of violence caused by unlawful use of weapons
through our superior detection technology that identifies concealed weapons,
even on moving targets in real time.”
For more information on Patriot One, visit www.patriot1tech.com. For more
information on ISC West, visit iscwest.com.
About Patriot One Technologies, Inc. (TSX.V:PAT) (OTCQB: PTOTF) (FRA: 0PL):
Patriot One has developed a first-of-its-kind Cognitive Microwave Radar
concealed weapons detection system as an effective tool to combat active shooter
threats before they occur. Designed for cost-effective deployment in
weapon-restricted buildings and facilities, NForce CMR1000 can be installed in
hallways and doorways to covertly identify weapons and to alert security of an
active threat entering the premises. Owner/operators of private and certain
public facilities can now prominently post anti-weapons policies with compliance
assured. The Company’s motto Deter, Detect and Defend is based on the belief
that widespread use of its technology will act as an effective deterrent,
thereby diminishing the epidemic phenomena of active shooters across the globe.
For more information, visit: www.patriot1tech.com and watch the video.
ON BEHALF OF THE BOARD
"Martin Cronin"
CEO & Director
For further information, please contact:
Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
CAUTIONARY DISCLAIMER STATEMENT: Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) nor any other regulatory body has reviewed or accepts
responsibility for the adequacy or accuracy of this release. This news release
contains forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulators. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
Source: Patriot One Technologies Inc.
Patriot One Appoints Tech
Sector Financial Professional as CFO
Technology background boosts c-suite
financial governance to meet growing corporate needs
TORONTO, CANADA -- 02/08/17 -Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of a revolutionary concealed
weapons detection system, is extremely pleased to announce the appointment of
Mr. Michael Barnsley to the position of Chief Financial Officer.
Mr. Barnsley is a Chartered Professional Accountant (CPA), whose career includes
over 30 years' experience as a Chartered Accountant (CA) providing financial
management services to public companies. Mr. Barnsley has served as Chief
Financial Officer and Corporate Secretary for both TSX and TSXV listed
companies, principally within the technology sector. Mr. Barnsley commenced his
career working as a Senior Manager with Deloitte & Touche and holds a Bachelor
of Commerce degree from the University of British Columbia and is a member in
good standing of the Chartered Professional Accountants of British Columbia.
Martin Cronin, CEO and Director of Patriot One Technologies, Inc., stated, "On
behalf of the Board, I would like to thank Michael Malana for his services as
Chief Financial Officer and wish him well in his future endeavours. Today, we
welcome Michael Barnsley to the Patriot team and believe his extensive
experience and understanding of what it takes to rapidly advance a new
technology from development to commercialization is an immense asset to the
Company. We are moving ahead at a pace that demands specific industry expertise
and an understanding of the road ahead. Mr. Barnsley's appointment is both
timely and inspiring, and we look forward to working closely with him as we
continue to move our emerging weapons detection solution forward into the
marketplace."
In related news, the Company also announces that its financial year-end will be
changed from May 31 to July 31 to align
the year-ends of Patriot One Technologies, Inc. and its subsidiary.
ON BEHALF OF THE BOARD
"Martin Cronin"
CEO & Director
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF) (FRA:
0PL): Patriot One has developed a first-of-its-kind Cognitive Microwave Radar
concealed weapons detection system as an effective tool to combat active shooter
threats before they occur. Designed for cost-effective deployment in
weapon-restricted buildings and facilities, NForce CMR1000 can be installed in
hallways and doorways to covertly identify weapons and to alert security of an
active threat entering the premises. Owner/operators of private and certain
public facilities can now prominently post anti-weapons policies with compliance
assured. The Company's motto Deter, Detect and Defend is based on the belief
that widespread use of its technology will act as an effective deterrent,
thereby diminishing the epidemic phenomena of active shooters across the globe.
For more information, visit: www.patriot1tech.com.
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release contains
forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
For further information, please contact: Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
Patriot One to Commence Onsite
Weapons Detection Pilot Tests in Orlando, Florida
Entertainment Management firm VGroup
Concepts to aid introduction of NForce CMR1000 software and radar device to
Orlando Nightclub District
TORONTO, CANADA -- 01/17/17 -Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of a revolutionary concealed
weapons detection system, is pleased to announce it has entered an agreement
with VGroup Concepts of Orlando, Florida.
The partnership will create a demo showcase of the Company's NForce CMR1000
software solution and radar device from January 2017 through January 2018. The
parties furthermore agreed to install the NForce CMR1000 solution and radar
device at VGroup entertainment properties around the Orlando area before the end
of the term with the ultimate goal of establishing a "safe districts"
initiative.
"The Events of June 12, 2016 at the Pulse Nightclub are forever etched in the
hearts and minds of the citizens of Orange County, the United States, and the
World. It was the deadliest attack by a single shooter in United States History.
Our partnership with Patriot One is a positive step toward our goal of making,
and continuing to make, the City of Orlando, Orange County, Florida, its
residents and all of our visitors safe in the tourist entertainment capital of
the world," said VGroup Concepts Operating Managing Partner, Jeff Gitto.
Mr. Gitto is also a founder and active member of the Church Street
Revitalization project for Downtown Orlando; through a joint venture focused
primarily on the Church Street Entertainment District. In addition, Gitto is a
named stakeholder to the City of Orlando Nightclub Task Force charged with
making the city's entertainment district as safe as it is vibrant, which drives
him to seek out new safety and security solutions for the community and business
owners, and which helped lead him to Patriot One's NForce CMR1000 solution.

Martin Cronin, CEO & Director of Patriot One Technologies, Inc. notes, "We are
very excited to partner with VGroup Concepts with our NForce CMR1000 pilot
program, and to further help the City of Orlando, Orange County, and the great
State of Florida's desire to create the world's safest entertainment center. Our
number-one goal at Patriot One is to offer a solution that works with today's
security professionals to help deter, detect and defend against active threats
of violence on innocent citizens everywhere."
ON BEHALF OF THE BOARD
"Martin Cronin"
CEO & Director
About VGroup Concepts:
VGroup Concepts is a respected management company representing a group of
notable venues in the Downtown Orlando area delivering various quality forms of
entertainment and social experiences. As an operating member, it is the
company's mission to coordinate with various partners to brainstorm, analyze and
develop new and unique nightlife and dining concepts for the Downtown Orlando
region -- an area that continues to grow in both residency and tourism.
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF)
(FRANKFURT: 0PL): Patriot One has developed a first-of-its-kind Cognitive
Microwave Radar concealed weapons detection system as an effective tool to
combat active shooter threats before they occur. Designed for cost-effective
deployment in weapon-restricted buildings and facilities, NForce CMR1000 can be
installed in hallways and doorways to covertly identify weapons and to alert
security of an active threat entering the premises. Owner/operators of private
and certain public facilities can now prominently post anti-weapons policies
with compliance assured. The Company's motto Deter, Detect and Defend is based
on the belief that widespread use of its technology will act as an effective
deterrent, thereby diminishing the epidemic phenomena of active shooters across
the globe. For more information, visit: www.patriot1tech.com.
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release. This news release contains
forward-looking statements relating to product development, licensing,
commercialization and regulatory compliance issues and other statements that are
not historical facts. Forward-looking statements are often identified by terms
such as "will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact, included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include the failure
to satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will update or revise publicly any of
the included forward-looking statements as expressly required by applicable law.
For further information, please contact: Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
Patriot One Issues President's
Letter to Shareholders
TORONTO, CANADA -- 01/09/17 -Patriot One Technologies Inc., (TSX.V:
PAT) (OTCQB:
PTOTF) (FRA: 0PL)
(“Patriot One” or the “Company”), developer of a revolutionary concealed
weapons detection system, is pleased to issue the following letter from Patriot
One President, Dinesh Kandanchatha.
To our partners, affiliates, stakeholders and shareholders,
As President of Patriot One, I am pleased to provide this update regarding the
Company's accomplishments to-date, and the milestones we look forward to
achieving in 2017.
The end of 2016 was marked by three significant events. First, our participation
at the International Association of Chiefs of Police (IACP) conference where the
best and brightest in law enforcement meet to learn and network. We had
excellent attendance and response from some of the worlds most respected law
enforcement leaders for our corporate launch and CMR product technology
introduction. This was followed in November with a very successful public market
offering. Lastly, we are pleased to report that the company can readily meet its
near term projected financial obligations with over $2M in working capital in
its treasury.
December 2016 saw us enter a strategic partnership with the expert security team
at Ridge Global LLC. Gov. Ridge, chairman of Ridge Global and the first U.S.
Secretary of Homeland Security, endorsed our platform stating, "As we have seen
in the Western world, our adversaries will continue to pursue so-called 'soft
targets' such as transportation hubs, sporting venues, restaurants and office
buildings. Almost by definition, democracies are soft targets. Patriot One has
developed powerful technologies to mitigate these ongoing challenges while at
the same time being less obtrusive to event attendees. Ridge Global is proud to
work with Martin and his team to bring these innovations to the marketplace."
The team at Patriot One plans to work closely with Ridge Global for guidance
with significant opportunities within key government departments, educational
institutions, and industry associations.
Internal projections for the first two quarters of 2017 are currently on-track
for delivering product milestones and closing agreements with our first
strategic clients and reseller partners. Q1 will also focus on engaging with key
regulatory agencies such as the FCC in the US, and related international
establishments. Q2 will see the Company exhibit at ISC West, the leading
security trade show in the U.S. with over 28,000 industry professionals
attending the annual event in Las Vegas. 2017 heralds the commencement of
ongoing outreach to potential clients both in North America and internationally.
Our objective is to secure purchase orders from strategic clients over the next
60 days. It is fair to say that our technology has captured the attention of
security professionals across the globe and we aim to leverage and transform
that interest into meeting quantifiable sales targets.
International interest in our technology continues to grow and we are expanding
our sales presence to address this opportunity. The United Kingdom has
traditionally been in the forefront of advances in security technology, and as
such, it is a high value strategic market for us. Our newest team members in
London are in the process of establishing an office and demonstration site to
meet the increasing attention from British buyers.
While this letter was being written, the recent tragedy in Fort Lauderdale
reminds us once again of the ever-present danger of senseless and horrific
violence perpetrated against ordinary citizens going about their daily lives.
Our hearts got out to the victims and their families as we redouble our efforts
to bring forward new solutions for public safety.
In closing, I want to thank our Board for their counsel and guidance through
this foundational year for Patriot One. I would also like to thank our many
investors, both founders and those new to Patriot One, for their valued feedback
and support in 2016. In return, we are committed to building a strong and
sustainable business with the continued help of all those who have placed their
confidence in our ability to deliver results.
Find out more at www.patriot1tech.com.
ON BEHALF OF THE BOARD "Dinesh Kandanchatha"
President & Director
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF)
(FRANKFURT: 0PL)
Patriot One is advancing five years of academic research and successful testing
into a commercial first-of-its-kind Cognitive Microwave Radar concealed weapons
detection system. The Company's NForce CMR1000 aims to Deter, Detect and Defend
against active shooter threats before they occur. NForce CMR1000 is being
designed to be cost-effectively installed in hallways and doorways to covertly
identify weapons and to alert security of active threats before entry. Soon,
facility operators aim to have an ability to prominently post anti-weapons
policies with compliance assured. Patriot One believes widespread use of its
technology could act as an effective deterrent, thereby diminishing the epidemic
phenomena of active shooters across the nation and around the world. For more
information, visit: www.patriot1tech.com.
CAUTIONARY DISCLAIMER STATEMENT:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
This news release contains forward-looking statements relating to product
development, commercialization and other statements that are not historical
facts. Forward-looking statements are often identified by terms such as "will",
"may", "should", "anticipate", "expects" and similar expressions. All statements
other than statements of historical fact, included in this release are
forward-looking statements that involve risks and uncertainties. There can be no
assurance that such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from the
Company's expectations include the failure to develop and commercialize the
Company's technology as anticipated or at all, the ability of the Company to
satisfy the conditions of the relevant securities exchange(s) and other risks
detailed from time to time in the filings made by the Company with securities
regulations. The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company. The reader
is cautioned not to place undue reliance on any forward-looking information.
Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and the Company will not update or revise publicly any
of the included forward-looking statements unless expressly required by
applicable law.
For further information, please contact: Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com
Source: Patriot One Technologies, Inc.
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About Patriot One Technologies Inc.:
About Us
Patriot One Technologies Inc. (“Patriot One”) and a research team at McMaster
University, a well-respected Canadian center for research, and led by the expert
guidance of Dr. Natalia Nikolova (EEE Fellow, CAE Fellow, P.Eng. Professor,
Canadian Research Chair in High-Frequency Electromagnetics) have come together
in a quest to commercialize a system to detect concealed weapons utilizing novel
radar technologies.
The system which has been developed and tested, is an innovative radar
technology providing first responders and security personnel valuable time in
Active Threat scenarios. The technology offers stand-off detection of concealed
threats typically employed in public locations. What makes Patriot One’s
technology unique is its “cognitive” ability to detect guns and knives as well
as to assess threats. The system is trained prior to installation and continues
to learn upon deployment, getting better and smarter at detecting hidden weapons
with each screening instance.
Our technology in conjunction with human based protocols, represents the first
cost-effective solution for Active Shooter prevention on the market today.
Patriot One is working to move this revolutionary technology ahead as rapidly as
possible in order to address the growing global need for effective Active Threat
management, including Active Shooter events, in an increasingly threatened
world.
Mission
Patriot One is working to become one of the foremost proponents and providers of
innovative commercial weapons threat countermeasures solutions for general
public safety. With a leading technology, top scientific research support, and
prudent business leadership, the Company aims to quickly build itself into a
recognizable brand and leader in the sector.
Our Mission
We want a world where the threat of violence from unlawful use of weapons
doesn’t exist
Our Vision
The end of the threat of weapon based violence in our public places and against
our peace officers
Our Goals
People and property are protected by Patriot One Technologies covert weapons
detection systems resulting in no weapons unlawfully entering public spaces.
Patriot One Technologies implementation and deployment creates an effective
deterrent to unlawful weapons use in our public spaces.
In the future, Patriot One Technologies will support those impacted by unlawful
use of weapons through financial support, research and scholarships for
survivors.
Our Values
People First. We’re united by a common purpose — to enhance the lives of people
by improving safety and security at home and abroad. We are committed to
delivering solutions that may even one day see the elimination of our entire
industry sector.
Trust. This is a key component of everything we do. We trust each other to
perform our tasks in an ethical and principled manner in order to act in the
best interests of society.
Respect. We deal with our stakeholders, investors, vendors, suppliers and future
customers as we would like to be dealt with ourselves. Ultimately, we are all
partners in this endeavor.
Challenge. We are building a dynamic and challenging environment for our
employees. This means making innovation and excellence a core value. We
recognize that someday our products may stand in the way of those who might harm
us or the ones we love, and we want to ensure we succeed at every step to ensure
no harm comes to others as a result of what we do.
Innovation. We aim to consistently deliver exceptional products, solutions and
services and to always seek the potential for ever better results.
Management
C. Scott M. Shepherd, Chairman, Board of Directors
Born in Ontario, Canada and educated at the University of Toronto and Dalhousie
University, Mr. Shepherd has worked with the Department of Foreign Affairs and
International Trade, Export Development Corporation, Imperial Chemical
Industries
PLC and Trafalgar House PLC, as well as a stint as Chief Financial Officer with
the Nexus group of Companies in Burnaby, B.C. Canada. As President and founding
director of NORTHSTAR Trade Finance, Inc., Mr. Shepherd has been active with the
promotion and support of small and medium sized exporters throughout the world.
Martin Cronin, CEO & Director
Martin Cronin is an expert in the areas of counter-terrorism, conflict
resolution, and government/corporate interface. He has extensive experience in
high intensity conflict environments and recently served as CEO of a private
company specializing in communications and survivability technologies. Before
moving to the private sector, Mr. Cronin was British Consul-General to Western
Canada, based in Vancouver. His career includes over twenty years of experience
in the field of international diplomacy with the British Government, including
postings in Yemen, Jordan, Sweden, Pakistan and Iraq.
Dinesh Kandanchatha, President & Director
Dinesh Kandanchatha
A serial entrepreneur who has built and exited three companies. Currently he is
Managing Director of Macadamian Technologies (Toronto, Canada) where he leads
business development at one of the leading product consultancies in Canada.
Developed and integrated sales and marketing strategies to facilitate
double-digit growth. Previous positions: VP Business Development and Marketing
(Sep 2012 – Oct 2013), VP Sales (Mar 2011 – Oct 2013). Recent: Macadamian
Technologies, dineshk.co, University of Toronto Rotman-Nexus. Previously was
General Manager at Protus IP Solutions, TechSupport.ca, Precise Software
Technologies Inc. Education: University of Ottawa.
Phil Lancaster, SVP Government Relations & Law Enforcement
Mr. Lancaster’s extensive career in law enforcement combined with a passion for
excellence and an aptitude for business opportunity ultimately led to a
successful career in business. As a former British police officer, he brings
years of experience working internationally in VIP close protection, as well as
service in British Overseas Territories. Throughout his career, Mr. Lancaster
received several notable awards and has been recognized for his efforts both in
the UK and overseas.
Michael Rozin, Business Development (USA)
Michael RozinMr. Rozin’s career has focused on the prevention of terrorism and
the teaching of proactive security for over sixteen years. He is the founder of
Rozin Security Consulting (RSC) offering training to law enforcement and
security agencies on counter-terrorism and tactical response techniques.
Previously worked with Mall of America (MoA) as Special Operations Security
Captain, where in 2008 his security program was presented to the U.S. House of
Representatives’ Committee on Homeland Security as a model for private sector
security.
Jeff Tindale, Director
Mr. Tindale has been Managing Partner of a private consulting group offering
merchant banking and corporate advisory services to a number of high-growth
companies across various sectors since 2006. Mr. Tindale has a strong background
in corporate governance, finance, and mergers and acquisitions.
Active Threats
The United States Department of Homeland Security defines the active shooter as
“an individual actively engaged in killing or attempting to kill people in a
confined and populated area; in most cases, active shooters use firearms and
there is no pattern or method to their selection of victims.”
Active Threat’s are a stark reality of law enforcement today, and we have very
little to prepare and protect us from these individuals and groups. Most
incidents occur at locations in which the killers find little impediment in
pressing their attack. Locations are generally described as soft targets, that
is, they carry limited security measures to protect members of the public. Why
aren’t these locations protected? Cost and availability of effective technology
are two main reasons.
Active Shooter events never end with acceptable outcomes. In most instances,
shooters commit suicide, are shot by police, or surrender when confrontation
with responding law enforcement becomes unavoidable. According to New York City
Police Department (NYPD) statistics, 46 percent of active shooter incidents are
ended through the application of force by police or security; 40 percent end in
the shooter’s suicide, 14 percent of the time the shooter surrenders and, in
less than 1 percent of cases, the violence ends with the attacker fleeing.
It is clear that once an Active Shooting event is underway nobody wins. The key
is to short circuit the event through prevention technologies and security
protocols.
Current technology requires compliance on the part of the target subject. With a
fixed installation at a secure facility, perimeter controls require costly
operator manpower and can be avoided during a dedicated assault. Individual
screening with equipment that requires line-of-site and millimeter bandwidth
scans are slow and prone to operator errors or false-positive results along with
increasing privacy concerns. Expensive and slow, increased deployment of large
fixed detection equipment will inevitably shift threats to “softer” less secure
targets.
Practical detectors must be reasonably priced, small, covertly located, simple
to operate, safe to health, have an intelligent yes/no decision making
capability, and possess a low false alarm rate in the presence of strong
relative interference and a background of innocuous normally carried metal.
Patriot One Technologies in partnership with researchers from Canada’s McMaster
University have developed a solution that employs near field radar in a manner
that addresses all the factors outlined above in a cost-effective system that is
being developed for commercial application in public locations within a
realistically short time-frame.
Radar Technology on a Chip
chipAdvances in radar technology leads to weapons detection adaptation
Semiconductor technology now routinely allows microwave circuits to be packaged
into Integrated Circuits (IC).
Microwave radars have been in military service for years, but not widely
deployed in commercial or consumer applications because of expense. Until now.
A variety of applications have arisen, such as liquid-level measurement, motion
detection, door openers, intrusion alarms and police speed meters.
Effectiveness
The most widespread use of both microwave and millimeter-wave radar is
automotive safety devices, including adaptive cruise control, automatic braking,
collision warning, blind spot detection, lane departure warning, and backup
object detection.
A key advantage of microwave radar is its fine resolution in detecting small
objects.
A multi-receiver version permits even finer precision in detecting objects and
at wider angles.
In some instances both receiver and transceiver are on a single chip.
The Patriot One technology currently offers a high-grade effective operating
range of approximately 2 meters (6.5 feet).
.SOURCE: http://patriot1tech.com/
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