Wednesday, March 28, 2018

#Defense Stock News: Patriot One (TSX.V: $PAT.V) (OTCQX: $PTOTF) Provides Corporate Update and Advises on U.S. Congress Visit


#Defense Stock News: Patriot One (TSX.V: $PAT.V) (OTCQX: $PTOTF) Provides Corporate Update and Advises on U.S. Congress Visit
Company expands testing & research into schools, shares progress with U.S. Legislators


TORONTO, ON - March 28, 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, spent the month of March updating its development center rollout with Canadian, U.S. and U.K reseller partners. In addition, outreach to U.S. Congressional leaders facilitated introductions and information sharing about the Company and its PATSCAN CMR solution. The information sessions were favorably met and will help ensure that current and future safe-school legislation remains open to all forms of detection technologies.
As outlined by Patriot One's CEO and President Martin Cronin during several recent interviews with CNET and other media outlets, the Company has advanced to Stage-3 active testing and research of the PATSCAN CMR concealed weapons detection solution in real world environments. By the end of April 2018, Patriot One will have five (5) client locations where Company engineers will be able to test and conduct further research on the radar device and software solution. In addition to the recently opened location within the Westgate Las Vegas Resort & Casino, the next four (4) development locations are scheduled to include a Southeast U.S high school, a Midwest U.S. university, a business location in the U.K. and a law enforcement establishment in Canada. Each location offers a unique environment to support advanced testing. As confidentiality is critical to the Company's covert technology testing regime, further details about new locations will be released when deemed appropriate.
Active PATSCAN CMR technology testing has continued to advance employing a staged approach: Stage 1 encompassed years of academic research. Stage 2 combined advances in software development, radar performance studies and equipment form factor enhancements culminating in equipment certifications and advancement to Stage 3. Today our focus on extensive research involves background signal subtraction designed to capture a variety of human body types and environmental background signatures as well as feature extraction testing and research. This involves capturing signatures of a variety of weapons including guns, knives and bombs. We are amassing extraordinary amounts of data from our extensive and ongoing studies in active environments. Ultimately, it is through the concerted application of technology and diligent effort that we will achieve Stage 4, a safe and practical commercial application designed to solve the issue of random acts of public violence.
In related news, this past week saw several key members of Patriot One's Marketing, Public Policy and Business Development teams visit with members of Congress in Washington D.C. to share information about the Company, and its PATSCAN CMR concealed weapon detection solution. The team outlined and advised on current Stage-3 progress, and also asked Congressional staff members to ensure that existing and prospective "safe-school" legislation remain open to all forms of weapons detection technology.
The U.S. Congressional offices visited included:
  • S. Representative Stephanie Murphy (D-Florida),
  • S. Representative Val Demings (D-Florida),
  • S. Senator and U.S. Senate Judiciary Committee Ranking Member Diane Feinstein (D – California),
  • S. Representative Tom Rooney (R-Florida),
  • S. Representative Ted Deutsch (D-Florida),
  • S. Representative Dina Titus (D-Nevada),
  • S. Senator Marco Rubio (R-Florida),
  • S. Senator Dean Heller (R-Nevada),
  • S. Representative Jackie Rosen (D-Nevada), and
  • S. Senator Catherine Cortez Masto (D-Nevada).
Immediately following an upcoming Congressional recess, the Patriot One team will return to Washington D.C. during the week of April 16th to continue efforts to introduce Patriot One, its PATSCAN CMR solution to additional Congressional staff and secure support for technology agnostic safe-school legislation.
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 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
info@patriot1tech.com
John Martin, Investor Relations
+1 (888) 728-1832
johnm@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"," 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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