Friday, January 26, 2018

#Security Stock News: Patriot One (TSX.V: $PAT.V) (OTCQB: $PTOTF) CEO Reports highlights of Accomplishments of Last Quarter of 2017 and Key Milestones for Upcoming Quarter

#Security Stock News: Patriot One (TSX.V: $PAT.V) (OTCQB: $PTOTF) CEO Reports highlights of Accomplishments of  Last Quarter of 2017 and  Key Milestones for Upcoming Quarter

Company has agreements with 13 large clients and distributors and backorder of 453 units committed for scheduled delivery over the next 12 months



TORONTO, ON - January 26, 2018 (Investorideas.com Newswire) Patriot One Technologies Inc., (TSX.V: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL) , developer of a revolutionary award-winning concealed weapons detection system, reports the following message from Company CEO Martin Cronin.


Dear Shareholders, partners and stakeholders,
I am pleased to provide the following highlights of the Company' s accomplishments in the last Quarter of 2017, and to outline key milestones we look forward to achieving in the upcoming quarter.

The last few months have been marked by a number of significant events and activities.

2018 LAS VEGAS SECURITY FORUM: January 2018 saw Patriot One co-host a full day security forum at the Westgate Las Vegas Resort & Casino. This forum attracted top security leaders from the Las Vegas entertainment and resort industries, as well as federal and local law enforcement officials. Almost fifty (50) select attendees with purchasing authority for over 150 U.S. resort and casino properties participated, and received a presentation of PATSCAN as part of the day' s activities. Feedback was unanimously positive. We expect to develop significant opportunities from this successful event.

ENGINEERING & REGULATORY ADVANCEMENTS: Based on our ongoing efforts at our Las Vegas Development Center, our engineering team has significantly increased its ability to support additional client feature requests. The team has fielded, and is now testing, a growing number of applicable use-case scenarios for in-market demonstration. Most notably, we have enabled our algorithms to make use of neural networks to complement existing processes. Additionally, as part of our global deployment efforts, PATSCAN has completed all requisite testing and is now certified by the European Telecommunications Standards Institute (ETSI), making PATSCAN saleable in 66 countries across Europe, the Middle East and Asia.

SALES & MARKETING: Our sales and go-to-market efforts continue to generate daily requests for PATSCAN globally. The product was recently featured prominently in coverage by Fox News, Security Today, and WIRED Magazine. Complementing this media coverage, PATSCAN will be seen publicly at events including the upcoming ISC West conference in April. Our Sales and Marketing team is planning to maximize our event visibility directly and through various reseller and technology partner activities. Further, our sales efforts continue to inform and attract distributors, governments and private clients worldwide. We currently have agreements with 13 large clients and distributors, with a backorder of 453 units committed for scheduled delivery over the next 12 months.

MANAGEMENT ADDITIONS & UPDATES: As announced earlier this week, Patriot One is very excited about several management additions, their respective strengths and our increased development focus. The additions of Mr. Robert Lex, Senior Vice President of Operations, and Dr. Paul Rice, Ph.D., Vice President of Research, Radar Systems, offer significantly increased ability to advance our development and commercialization pace. The shift of Mr. Dinesh Kandanchatha to the role of corporate strategy, corporate development and business alliances, will dramatically aid the Company' s growth for 2018 and beyond.

FINANCING TO FUND ONGOING DEVELOPMENT: Last but not least on this list of quarterly achievements is the successful closing of a significant financing round, which has enabled us to accelerate PATSCAN solution deployment to core verticals originally targeted in 2017, and which will be a continuing focus in 2018. These active installations will provide the means to integrate PATSCAN into client infrastructure, as well as further refine our cognitive microwave radar under actual live, real-world conditions. Further to this end, we will expand our initial deployment at our Westgate Las Vegas Resort & Casino development center. In addition, during Q1/Q2, 2018 our deployment of the PATSCAN CMR solution will target multiple U.S. and Canadian municipal, educational and governmental sites. The goal is to accelerate systems deployment in Florida, the U.S. Midwest and Canada in order to advance our machine learning processes across multiple live interactive customer locations. To achieve this goal, we have added an additional three technical staff to support customer development and test installations.

THANK YOU FOR YOUR ONGOING SUPPORT: In closing, I thank our Board for its counsel and guidance through 2017. I am also grateful to our many investors, both long-standing and those new to Patriot One, for their valuable feedback and support over the past several quarters. We are excited by the prospects ahead and committed to building upon 2017 achievements. Our team is focused on generating significant client and shareholder value for those who have placed their confidence in our ability to deliver a game changing solution to the world.

ON BEHALF OF THE BOARD
"Martin Cronin"
CEO and Director

About Patriot One Technologies, Inc. (TSX.V:PAT) (OTCQB: PTOTF) (FRA: 0PL):
Patriot One has developed PATSCAN CMR™ the next generation of its award-winning radar device and software solution. PATSCAN CMR is a first-of-its-kind Cognitive Microwave Radar concealed weapons detection system, designed as an effective tool to combat active shooter threats before they occur. Built for cost-effective deployment in weapon-restricted buildings and facilities, the Patriot One software solution and related hardware can be installed in key access points to covertly identify weapons and to alert security of an active threat. 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

John Martin, Investor Relations
+1 (888) 728-1832

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”,” believes,” 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.

This news is published on the Investorideas.com Newswire – News that Inspires big ideas Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure this news is a paid for news release on the Investorideas.com newswire by Patriot One Technologies Inc., (TSX.V: PAT) (OTCQB: PTOTF) Learn more about costs and our newswire service http://www.investorideas.com/News-Upload/


Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.


HomelandDefenseStocks.com - investing ideas for Defense stocks, Biometrics stocks, Homeland security stocks, Biodefense stocks, Cyber security stocks

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Thursday, January 25, 2018

Patriot One (TSX.V: $PAT.V) (OTCQB: $PTOTF) CEO Martin Cronin summarizes Q3 2017/18 results, and offers insights to year ahead

Patriot One (TSX.V: $PAT.V) (OTCQB: $PTOTF) CEO Martin Cronin summarizes Q3 2017/18 results, and offers insights to year ahead



TORONTO, ON - January 25, 2018 (Investorideas.com Newswire) Patriot One Technologies Inc., (TSX.V: PAT) (OTCQB: PTOTF) (FRANKFURT: 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 CEO Martin Cronin.


Dear Shareholders, partners and stakeholders,

I am pleased to provide the following highlights of the Company' s accomplishments in the last Quarter of 2017, and to outline key milestones we look forward to achieving in the upcoming quarter.

The last few months have been marked by a number of significant events and activities.

2018 LAS VEGAS SECURITY FORUM: January 2018 saw Patriot One co-host a full day security forum at the Westgate Las Vegas Resort & Casino. This forum attracted top security leaders from the Las Vegas entertainment and resort industries, as well as federal and local law enforcement officials. Almost fifty (50) select attendees with purchasing authority for over 150 U.S. resort and casino properties participated, and received a presentation of PATSCAN as part of the day' s activities. Feedback was unanimously positive. We expect to develop significant opportunities from this successful event.

ENGINEERING & REGULATORY ADVANCEMENTS: Based on our ongoing efforts at our Las Vegas Development Center, our engineering team has significantly increased its ability to support additional client feature requests. The team has fielded, and is now testing, a growing number of applicable use-case scenarios for in-market demonstration. Most notably, we have enabled our algorithms to make use of neural networks to complement existing processes. Additionally, as part of our global deployment efforts, PATSCAN has completed all requisite testing and is now certified by the European Telecommunications Standards Institute (ETSI), making PATSCAN saleable in 66 countries across Europe, the Middle East and Asia.

SALES & MARKETING: Our sales and go-to-market efforts continue to generate daily requests for PATSCAN globally. The product was recently featured prominently in coverage by Fox News, Security Today, and WIRED Magazine. Complementing this media coverage, PATSCAN will be seen publicly at events including the upcoming ISC West conference in April. Our Sales and Marketing team is planning to maximize our event visibility directly and through various reseller and technology partner activities. Further, our sales efforts continue to inform and attract distributors, governments and private clients worldwide. We currently have agreements with 13 large clients and distributors, with a backorder of 453 units committed for scheduled delivery over the next 12 months.

MANAGEMENT ADDITIONS & UPDATES: As announced earlier this week, Patriot One is very excited about several management additions, their respective strengths and our increased development focus. The additions of Mr. Robert Lex, Senior Vice President of Operations, and Dr. Paul Rice, Ph.D., Vice President of Research, Radar Systems, offer significantly increased ability to advance our development and commercialization pace. The shift of Mr. Dinesh Kandanchatha to the role of corporate strategy, corporate development and business alliances, will dramatically aid the Company' s growth for 2018 and beyond.

FINANCING TO FUND ONGOING DEVELOPMENT: Last but not least on this list of quarterly achievements is the successful closing of a significant financing round, which has enabled us to accelerate PATSCAN solution deployment to core verticals originally targeted in 2017, and which will be a continuing focus in 2018. These active installations will provide the means to integrate PATSCAN into client infrastructure, as well as further refine our cognitive microwave radar under actual live, real-world conditions. Further to this end, we will expand our initial deployment at our Westgate Las Vegas Resort & Casino development center. In addition, during Q1/Q2, 2018 our deployment of the PATSCAN CMR solution will target multiple U.S. and Canadian municipal, educational and governmental sites. The goal is to accelerate systems deployment in Florida, the U.S. Midwest and Canada in order to advance our machine learning processes across multiple live interactive customer locations. To achieve this goal, we have added an additional three technical staff to support customer development and test installations.

THANK YOU FOR YOUR ONGOING SUPPORT: In closing, I thank our Board for its counsel and guidance through 2017. I am also grateful to our many investors, both long-standing and those new to Patriot One, for their valuable feedback and support over the past several quarters. We are excited by the prospects ahead and committed to building upon 2017 achievements. Our team is focused on generating significant client and shareholder value for those who have placed their confidence in our ability to deliver a game changing solution to the world.

ON BEHALF OF THE BOARD
"Martin Cronin"
CEO and Director

About Patriot One Technologies, Inc. (TSX.V:PAT) (OTCQB: PTOTF) (FRA: 0PL):
Patriot One has developed PATSCAN CMR™ the next generation of its award-winning radar device and software solution. PATSCAN CMR is a first-of-its-kind Cognitive Microwave Radar concealed weapons detection system, designed as an effective tool to combat active shooter threats before they occur. Built for cost-effective deployment in weapon-restricted buildings and facilities, the Patriot One software solution and related hardware can be installed in key access points to covertly identify weapons and to alert security of an active threat. 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

John Martin, Investor Relations
+1 (888) 728-1832

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”,” believes,” 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.

This news is published on the Investorideas.com Newswire – News that Inspires big ideas Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure this news is a paid for news release on the Investorideas.com newswire by Patriot One Technologies Inc., (TSX.V: PAT) (OTCQB: PTOTF) Learn more about costs and our newswire service http://www.investorideas.com/News-Upload/


Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.


HomelandDefenseStocks.com - investing ideas for Defense stocks, Biometrics stocks, Homeland security stocks, Biodefense stocks, Cyber security stocks

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Tuesday, January 23, 2018

#Security Stock News: Patriot One (TSX.V: $PAT.V ) (OTCQB: $PTOTF) Adds to Management With Expertise from High-Tech and Custom Automation Industries and Security Sector

#Security Stock News: Patriot One (TSX.V: $PAT.V ) (OTCQB: $PTOTF) Adds to  Management With Expertise from High-Tech and Custom Automation Industries and Security Sector



 

TORONTO, ON - January 23, 2018 (Investorideas.com Newswire)   Security Stock News_ Patriot One Technologies Inc., (TSX.V: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL) ("Patriot One" or the "Company"), makers of the award-winning PATSCAN CMR™ (Cognitive Microwave Radar) concealed weapons detection system report  several new appointments and a subsequent management realignment aimed at advancing its business policies, innovation management, and operational activities. These efforts are part of a phased strategy in response to a growing multi-national workforce and are aimed at streamlining enterprise focus on value delivery.


Patriot One welcomes Mr. Robert Lex as Vice President of Operations. Mr. Lex brings over 25 years experience in global operations and supply chain management for the high-tech and custom automation industries. He has a demonstrated track record of delivering on strategic goals at an entrepreneurial pace. Previously, Mr. Lex served with Avigilon Corporation as Senior Director, Global Strategic Sourcing improving product margins and delivering millions in savings, while also further developing a hybrid on-shore/off-shore optimized supply chain. He has worked with ATS Automation Tooling Systems Inc. with responsibility for multi-million-dollar global capital projects. Before this, he held Business Unit Director roles at Celestica and was responsible for delivering electronic products for multiple billion-dollar OEM customers, as well as leading successful global transformation projects during their period of rapid growth. Mr. Lex received his MBA from York University, Schulich School of Business (Toronto) in Finance & Marketing and his B.A.Sc. From the University of Toronto in Mechanical Engineering. Robert is a member of the Professional Engineers of Ontario. He also has a Masters Certificate Lean Six Sigma – Black Belt.

Also joining the Company is Dr. Paul Rice, Ph.D. as Vice President of Research, Radar Systems. Dr. Rice is a technical and business orientated executive with over 15 years of international experience working in start-up environments in the security sector. He has completed several technology transfers from academia and government research laboratories, taking a concept from initial prototype to production, whilst being focused on the customer value proposition. Dr. Rice has developed and managed effective multi-disciplinary engineering teams across different time zones, around an agile, lean product development approach. His education includes, PhD Microwave Engineering, University of Manchester, MEng (Hons) 2i Electrical and Electronic Engineering with French, UMIST, ENSEEIHT Grande Ecole.

In related news, Mr. Dinesh Kandanchatha is transitioning from his roles as Chief Technology Officer and Company President. He will remain as an independent Director of the Company regarding corporate strategy, corporate development, and business alliances; including a governance position on the audit committee. Mr. Martin Cronin, Company CEO will assume the role and responsibilities of President. This revised structure will help support the next phase of growth for the business.

Further to this end, our expanded engineering team will take on the leadership of the Company’s technology advancement. Franco Cerantola will lead product delivery, Crispian Sinnott will focus on cloud and software applications, Robert Lex will drive manufacturing and strategic sourcing, and Dr. Paul Rice will focus on radar and algorithms. This highly skilled team brings notable depth to the organization with over 50 years of combined engineering and new product development experience in the security industry.

Martin Cronin, Patriot One President & CEO states, “As we neared the end of 2017, we had the opportunity to reflect on what we had achieved in a remarkably short period since our inception just over a year ago. Given the extraordinarily positive global response for our efforts to-date, we identified that the Company had to look carefully at our operational structure. With the speed-to-market we have to achieve in 2018, we need to act decisively to ensure we can manage our projected business growth, product rollout and corporate alliances with key partners. I am delighted that Dinesh will now be available to focus on the bigger picture of corporate development and strategic alliances. No one has been as dedicated and worked more tirelessly as he has since the very start of this endeavor. It speaks volumes that his role will be replaced by a team. While the entire Board and myself are sincerely and personally very pleased to have his continued expertise at hand, we also are excited to welcome Robert and Paul to our growing leadership team. 2018 will see remarkable advancements, as we continue our efforts to rid the world of tragic and random acts of violence.”

On Behalf of the Board,

“Martin Cronin”

Martin Cronin, President, CEO & Director  

About Patriot One Technologies, Inc. (TSX.V:PAT) (OTCQB: PTOTF) (FRA: 0PL):
Patriot One has developed PATSCAN CMR™ the next generation of its award-winning radar device and software solution. PATSCAN CMR is a first-of-its-kind Cognitive Microwave Radar concealed weapons detection system, designed as an effective tool to combat active shooter threats before they occur. Built for cost-effective deployment in weapon-restricted buildings and facilities, the Patriot One software solution and related hardware can be installed in key access points to covertly identify weapons and to alert security of an active threat. 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

John Martin, Investor Relations
+1 (888) 728-1832

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”,” believes,” 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.

This news is published on the Investorideas.com Newswire – News that Inspires big ideas Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure this news is a paid for news release on the Investorideas.com newswire by Patriot One Technologies Inc., (TSX.V: PAT) (OTCQB: PTOTF) Learn more about costs and our newswire service http://www.investorideas.com/News-Upload/


Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.


HomelandDefenseStocks.com - investing ideas for Defense stocks, Biometrics stocks, Homeland security stocks, Biodefense stocks, Cyber security stocks

Like Defense and Security Stocks? View our Defense and Security Stocks Directory  Get News Alerts on Defense Stocks









Monday, January 22, 2018

#Defense Stock News: Patriot One (TSX.V: $PAT.V), (OTCQB: $PTOTF) Strengthens Management for Efficiency and Growth

  #Defense Stock News: Patriot One (TSX.V: $PAT.V), (OTCQB: $PTOTF) Strengthens Management for Efficiency and Growth

Company aligns strategic goals with leadership expertise to increase enterprise value



TORONTO, ON -  January 22, 2018 – (Investorideas.com Newswire) Patriot One Technologies Inc. (TSX.V: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), makers of the award-winning PATSCAN CMR™ (Cognitive Microwave Radar) concealed weapons detection system today announces several new appointments and a subsequent management realignment aimed at advancing its business policies, innovation management, and operational activities. These efforts are part of a phased strategy in response to a growing multi-national workforce and are aimed at streamlining enterprise focus on value delivery.


Patriot One welcomes Mr. Robert Lex as Vice President of Operations. Mr. Lex brings over 25 years experience in global operations and supply chain management for the high-tech and custom automation industries. He has a demonstrated track record of delivering on strategic goals at an entrepreneurial pace. Previously, Mr. Lex served with Avigilon Corporation as Senior Director, Global Strategic Sourcing improving product margins and delivering millions in savings, while also further developing a hybrid on-shore/off-shore optimized supply chain. He has worked with ATS Automation Tooling Systems Inc. with responsibility for multi-million-dollar global capital projects. Before this, he held Business Unit Director roles at Celestica and was responsible for delivering electronic products for multiple billion-dollar OEM customers, as well as leading successful global transformation projects during their period of rapid growth.  Mr. Lex received his MBA from York University, Schulich School of Business (Toronto) in Finance & Marketing and his B.A.Sc. From the University of Toronto in Mechanical Engineering.  Robert is a member of the Professional Engineers of Ontario. He also has a Masters Certificate Lean Six Sigma – Black Belt.

Also joining the Company is Dr. Paul Rice, Ph.D. as Vice President of Research, Radar Systems. Dr. Rice is a technical and business orientated executive with over 15 years of international experience working in start-up environments in the security sector. He has completed several technology transfers from academia and government research laboratories, taking a concept from initial prototype to production, whilst being focused on the customer value proposition. Dr. Rice has developed and managed effective multi-disciplinary engineering teams across different time zones, around an agile, lean product development approach. His education includes, PhD Microwave Engineering, University of Manchester, MEng (Hons) 2i Electrical and Electronic Engineering with French, UMIST, ENSEEIHT Grande Ecole.

In related news, Mr. Dinesh Kandanchatha is transitioning from his roles as Chief Technology Officer and Company President. He will remain as an independent Director of the Company regarding corporate strategy, corporate development, and business alliances; including a governance position on the audit committee. Mr. Martin Cronin, Company CEO will assume the role and responsibilities of President. This revised structure will help support the next phase of growth for the business.

Further to this end, our expanded engineering team will take on the leadership of the Company’s technology advancement. Franco Cerantola will lead product delivery, Crispian Sinnott will focus on cloud and software applications, Robert Lex will drive manufacturing and strategic sourcing, and Dr. Paul Rice will focus on radar and algorithms. This highly skilled team brings notable depth to the organization with over 50 years of combined engineering and new product development experience in the security industry.

Martin Cronin, Patriot One President & CEO states, “As we neared the end of 2017, we had the opportunity to reflect on what we had achieved in a remarkably short period since our inception just over a year ago. Given the extraordinarily positive global response for our efforts to-date, we identified that the Company had to look carefully at our operational structure. With the speed-to-market we have to achieve in 2018, we need to act decisively to ensure we can manage our projected business growth, product rollout and corporate alliances with key partners. I am delighted that Dinesh will now be available to focus on the bigger picture of corporate development and strategic alliances. No one has been as dedicated and worked more tirelessly as he has since the very start of this endeavor. It speaks volumes that his role will be replaced by a team. While the entire Board and myself are sincerely and personally very pleased to have his continued expertise at hand, we also are excited to welcome Robert and Paul to our growing leadership team. 2018 will see remarkable advancements, as we continue our efforts to rid the world of tragic and random acts of violence.”

On Behalf of the Board,

“Martin Cronin”

Martin Cronin, President, CEO & Director  

About Patriot One Technologies, Inc. (TSX.V:PAT) (OTCQB: PTOTF) (FRA: 0PL):
Patriot One has developed PATSCAN CMR™ the next generation of its award-winning radar device and software solution. PATSCAN CMR is a first-of-its-kind Cognitive Microwave Radar concealed weapons detection system, designed as an effective tool to combat active shooter threats before they occur. Built for cost-effective deployment in weapon-restricted buildings and facilities, the Patriot One software solution and related hardware can be installed in key access points to covertly identify weapons and to alert security of an active threat. 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

John Martin, Investor Relations
+1 (888) 728-1832

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”,” believes,” 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.

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