Thursday, December 20, 2018

Investorideas.com - #Security Stock News: Patriot One (TSX.V: $PAT.V) (OTCQX: $PTOTF) @patriot1tech Provides Corporate Update

Investorideas.com - #Security Stock News: Patriot One (TSX.V: $PAT.V) (OTCQX: $PTOTF) @patriot1tech Provides Corporate Update



#Security Stock News: Patriot One (TSX.V: $PAT.V) (OTCQX: $PTOTF) @patriot1tech Provides Corporate Update

Company moves to paid trials with global reseller network for schools and universities, resorts, casinos, retail and government facilities

Patriot One's (TSX.V: $PAT.V) (OTCQB: $PTOTF) on Investorideas.com


TORONTO - December 20, 2018 (Investorideas.com Newswire) Defense stock news alert - Patriot One Technologies Inc., (TSX.V: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL) ("Patriot One" or the "Company"), developer of the award-winning PATSCAN™ covert weapon detection system, is pleased to advise that Q4 2018 saw significant advancements in the PATSCAN CMR and VRS threat detection solutions development, including moving to rollouts of paid trials with its global security integrator/reseller network which represents a potential client-base of thousands of schools and universities, resorts, casinos, retail and government facilities.
“Two weeks ago, I was pleased to announce our first paid trial programs with several partners including Florida-based Smart CT Solutions, and the Government of Canada’s Department of National Defence as part of the federal ‘Build in Canada Innovation Program’,” said Martin Cronin, CEO and President of Patriot One Technologies. “Today, I am excited to inform that we will now begin shipping PATSCAN products to several other global security integrators to support paid product trials in their respective markets.”
Global Paid Trials Begin Q4, 2018:
At the request of our security integrators, the Company has embraced a “paid trial” model enabling Patriot One to scale efficiently and cost-effectively through its reseller network. This effort meets Phase 4 of its previously described Lab-to-Market strategy.
Paid trials aim to ultimately transition into commercial deployment, effectively launching product rollout. The Company will finalize policies, procedures, terms and PATSCAN installation training with its resellers in preparation for ongoing commercial activity in Q2, 2019.
No other company has ever mass-deployed these types of integrated threat detection technologies before. Therefore, advancement into full-scale mass production is, by necessity, constrained until completion and review of the technical trial results.
Three (3) Business Goals Achieved
  • revenues as planned commencing Q4 2018 
  • successful deployments of PATSCAN products with key security system integrators and their clients during Q4 2018, and
  • advanced live tests and trials of PATSCAN solutions with a broad end-user base, targeting transition from paid trials to commercial deployments.
Related Quarterly Announcements
Additional Funding Closed:  Mid-November brought the close of a   $46M CAD bought deal from Canaccord Genuity and GMP. The proceeds will help drive evaluation and assembly of an extended PATSCAN product lineup of covert solutions.
EhEye Acquisition:  Completed the strategic acquisition of EhEye, Inc. video analytics and object recognition technology. Re-branded as PATSCAN VRS, this innovative threat detection solution has begun paid trial deployment with Patriot One’s reseller network.
University of North Dakota: As implementation of the University Of North Dakota’s Centre of Excellence in Threat Detection accelerates forward, UND has invested USD$100,000 for trial deployment of PATSCAN systems in four separate facilities across campus.
Innovation Programs: Through Cisco Systems Innovation Program, Patriot One joined Cisco’s sales team in presenting PATSCAN solutions to key clients. The Company launched PATSCAN showcases within Cisco’s Toronto-based and IBM’s Montreal-based Innovation Centre’s.
Public Policy efforts:  Ongoing representation in Washington DC to advise and inform key decision makers regarding product rollout. Met with members of Congress, the Department of Homeland Security, Secret Service and Pentagon officials. Company executives also met with the ACLU to discuss PATSCAN deployment in a civil liberties and privacy context.
Defence Contractor Partnership: Our partner, a major international defence contractor, is anticipating government approval in the coming weeks, at which time a detailed announcement will be made.
Media & Public Relations Coverage:  Mainstream media includes ABC, CBS and NBC featured coverage of PATSCAN demonstrations at the Company’s Las Vegas Development Centre.  The Company further earned media coverage with key European and UK publications including INTERSEC-Journal of International Security, Defence Online, Defence Contracts Magazine and MOD Defence Contracts Bulletin.
We look forward to a great year ahead working to build safer communities and to deliver shareholder value. We thank our many partners and supporters for their continued confidence.
On Behalf of the Board,
“Martin Cronin”
Martin Cronin, President, CEO & Director  
About Patriot One Technologies, Inc. (TSX.V:PAT) (OTCQX: PTOTF) (FRA: 0PL):
Patriot One has developed the PATSCAN™ next generation software and sensor solution for the covert detection of weapons threats. Designed as an innovative and effective platform to combat active shooter threats before they occur, the system features the award-winning PATSCAN™ CMR cognitive microwave radar system. Built for cost-effective deployment in weapon-restricted buildings and facilities, the Patriot One software solution and related hardware systems can be installed at key access points to covertly identify weapons and to alert security for the intervention of active threat events before they commence. Owner/operators of private and 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
Investor Relations
John Martin
+1 (888) 728-1332
Media Contacts:
Scott Ledingham, PR Media Now
+1-613-806-7135 
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.
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) 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.
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Thursday, December 6, 2018

Investorideas.com - #Security Stock News: Patriot One (TSX.V: $PAT.V) (OTCQX: $PTOTF) @patriot1tech Secures Initial 287K (USD) Order for PATSCAN Threat Detection Solutions

Investorideas.com - #Security Stock News: Patriot One (TSX.V: $PAT.V) (OTCQX: $PTOTF) @patriot1tech Secures Initial 287K (USD) Order for PATSCAN Threat Detection Solutions



#Security Stock News: Patriot One (TSX.V: $PAT.V) (OTCQX: $PTOTF) @patriot1tech Secures Initial 287K (USD) Order for PATSCAN Threat Detection Solutions

Smart CT Solutions invests in covert threat detection 90-day paid trials for their clients

Patriot One's (TSX.V: $PAT.V) (OTCQB: $PTOTF) on Investorideas.com


TORONTO - December 6, 2018 (Investorideas.com Newswire) Patriot One Technologies Inc., (TSX.V: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL) ("Patriot One" or the "Company"), developers of the award-winning PATSCAN™ CMR covert weapon detection system, is pleased to have received an initial $287,000 (USD) purchase order from Smart CT Solutions LLC of Miami, Florida USA ("Smart CT Solutions") for multiple PATSCAN threat detection systems.
Smart CT Solutions purchase includes select products from the growing PATSCAN family of covert threat detection solutions. Smart CT Solutions decided to invest in this 90-day paid trial program for key clients, while also reviewing additional covert threat detection solutions that are currently undergoing extensive review at Patriot One's Las Vegas development center. Once approved and accepted by the Patriot One team, Smart CT Solutions plans to adopt several of the new PATSCAN threat detection products for introduction to their client base beginning with a charter school located in Miami Dade-County.
"We're excited to go to the next level working with Patriot One towards implementing their PATSCAN covert threat detection solutions in Florida. We've been actively promoting Patriot One products since late 2017 with our clients." explained Roberto Gonzalez, Director & Co-founder of Smart CT Solutions. "With our expertise in technology integration, we look to deliver a complete suite of threat detection products which will change the way we approach proactive surveillance. Our clients' security teams will now have the opportunity to respond quickly and appropriately to threats and disturbances identified and reported by these innovative technologies. As part of our collaboration effort with Patriot One, we have created a go-to-market campaign with awareness in new technologies to penetrate the Florida marketplace, adding other approved PATSCAN solutions into many client facilities later in 2019 post successful trials."
Smart CT Solutions has been an Authorized Security System Integrator /Reseller of Patriot One since 2017. The company has been servicing Southern Florida businesses and government organizations for almost a decade helping customers implement security solutions for their properties such as video surveillance, smart lighting, and in-building networks. As a Cisco certified CCPA company, Smart CT believes a number of their key clients will benefit greatly from the integration efforts being developed through Cisco Solutions Program with Patriot One Technologies.
"We're eager to support our only Florida authorized reseller Smart CT Solutions with these paid trial deployments of our PATSCAN technologies with their clients," expressed Martin Cronin, CEO and President of Patriot One Technologies. "Over the past year, our engineering and business development teams have been working closely with Roberto Gonzalez and Smart CT Solutions to introduce our threat detection solutions to their clients. Today, we are excited to begin installing these solutions with the shared goal of detecting threats before they become tragedies."
Smart CT Solutions and the Patriot One engineering teams will begin trials on all PATSCAN products installations at several Florida locations beginning in December 2018 through Q1, 2019. Additional PATSCAN solutions, as they get approved, will be scheduled for advanced paid trial installations with key Smart CT clients throughout 2019.
Roberto Gonzalez, Director & Co-Founder
Smart CT Solutions LLC
Martin Cronin, CEO
Patriot One Technologies Inc.
About Smart CT Solutions LLC
Smart CT Solutions LLC is a consulting and integration company whose core values are to deliver solutions that maximize the customer's business strategies and enable them to become innovators of their own. Services include Internet of Things (IoT), smart lighting, surveillance, networking, security, artificial intelligence, and much more. With over 20 years of experience integrating digital technologies into a variety of industries, the company delivers a 360-degree service approach which includes identifying customer needs, planning, product selection, coordination, installation, integration, and training. Visit SmartCTsolutions.com.
About Patriot One Technologies, Inc. (TSX.V:PAT) (OTCQX: PTOTF) (FRA: 0PL):
Patriot One has developed the PATSCAN™ next generation software and sensor solutions for the covert detection of weapons threats. Designed as an innovative and effective platform to combat active shooter threats before they occur, the system features the award-winning PATSCAN™ CMR cognitive microwave radar system. Built for cost-effective deployment in weapon-restricted buildings and facilities, the Patriot One software solution and related hardware systems can be installed at key access points to covertly identify weapons and to alert security for the intervention of active threat events before they commence. Owner/operators of private and 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
Investor Relations
John Martin
+1 (888) 728-1332
Media Contacts:
Scott Ledingham, PR Media Now
+1-613-806-7135
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.
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) 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.
Please read Investorideas.com privacy policy: http://www.investorideas.com/About/Private_Policy.asp

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Wednesday, December 5, 2018

Investorideas.com - #Security News: Patriot One (TSX.V: $PAT.V) (OTCQX: $PTOTF) @patriot1tech Pre-qualifies for up to $1 Million (CAD) by Canadian Government's Build in Canada Innovation Program

Investorideas.com - #Security News: Patriot One (TSX.V: $PAT.V) (OTCQX: $PTOTF) @patriot1tech Pre-qualifies for up to $1 Million (CAD) by Canadian Government's Build in Canada Innovation Program



#Security News: Patriot One (TSX.V: $PAT.V) (OTCQX: $PTOTF) @patriot1tech Pre-qualifies for up to $1 Million (CAD) by Canadian Government's Build in Canada Innovation Program

Patriot One's (TSX.V: $PAT.V) (OTCQB: $PTOTF) on Investorideas.com


TORONTO - December 5, 2018 (Investorideas.com Newswire) Defense stock news alert - Patriot One Technologies Inc., (TSX.V: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL) ("Patriot One" or the "Company"), developers of the award-winning PATSCAN™ covert weapon detection system, is pleased to announce its pre-qualification for up to $1 million (CAD) from the federal government's Build in Canada Innovation Program (BCIP) for testing by the Department of National Defence.
About the Build in Canada Innovation Program (BCIP): The BCIP program helps innovators in four different ways:
  • land a first major reference sale,
  • sell their innovation, but keep and control the intellectual property,
  • get their innovation tested in real-life settings and
  • gain feedback to help advance products to market faster.
BCIP Proposal 007 Process: As a BCIP innovator, Patriot One submitted its proposal to the program in early 2018 once the Company's PATSCAN threat detection solutions achieved an adequate Technology Readiness Level (TRL). Under call for proposals 007 guidelines, the Company was evaluated on the merit of innovation. Upon pre-qualification, the BCIP program sourced a Canadian Government Department as test partner.
Contract Value: The BCIP program opportunity pays up to $500,000 for non-military innovations and up to $1,000,000 for military innovations. Patriot One was pre-qualified under the military innovation component of the BCIP program.
Military Component: There are six priority areas within the military component. These priority areas include (i) Arctic & Maritime Security, (ii) Command & Support, (iii) Cyber-security, (iv) In-Service support, (v) Protecting the Soldiers and (vi) Training Systems. Patriot One meets several of these priority areas, specifically: Arctic/Maritime Security and Protecting Soldiers.
"We are excited to pre-qualify for up to $1 million (CAD) for the Military Component of the Build in Canada Innovation Program," expressed Martin Cronin, CEO and President of Patriot One Technologies. "The ability to test our PATSCAN CMR and some of our other threat detection solutions in a real-life setting with an arm of the Department of Defense is exciting for our entire team. As a Canadian-based company, we are truly honored to be part of this effort to protect our serving military personnel around the world."
Martin Cronin, CEO
Patriot One Technologies Inc.
About Patriot One Technologies, Inc. (TSX.V:PAT) (OTCQX: PTOTF) (FRA: 0PL):
Patriot One has developed the PATSCAN™ next generation software and sensor solution for the covert detection of weapons threats. Designed as an innovative and effective platform to combat active shooter threats before they occur, the system features the award-winning PATSCAN™ CMR cognitive microwave radar system. Built for cost-effective deployment in weapon-restricted buildings and facilities, the Patriot One software solution and related hardware systems can be installed at key access points to covertly identify weapons and to alert security for the intervention of active threat events before they commence. Owner/operators of private and 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.
About BCIP
The Build in Canada Innovation Program (BCIP) helps Canadian companies of all sizes move their state-of-the-art goods and services from the laboratory to the marketplace. The program helps innovators land a first major reference sale, sell their innovation, but keep the intellectual property, get their innovation tested in a real-life setting, and gain feedback to help get products to market faster. The program pays up to $500,000 for non-military innovations and up to $1,000,000 for military innovations. Visit: https://www.tpsgc-pwgsc.gc.ca/app-acq/picc-bcip/priorites-priorities-eng.html.
For further information, please contact:
Patriot One Inquiries
Investor Relations
John Martin
+1 (888) 728-1332
Media Contacts:
Scott Ledingham, PR Media Now
+1-613-806-7135 
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.
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: https://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) Learn more about costs and our newswire service https://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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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