Thursday, July 30, 2020

#Defence #Stock’s in the News: Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) to Deploy PATSCAN Platform with City of Cincinnati; @Patriot1tech

#Defence #Stock’s in the News: Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) to Deploy PATSCAN Platform with City of Cincinnati; @Patriot1tech

 

Ginter Electrical Expands Installations of Multi-Sensor Threat Detection Platform in Ohio

 

 

TORONTO, ON – July 30, 2020 -(Investorideas.com Newswire ) Breaking security stock news-  Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF)  (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of the PATSCAN™ Multi-Sensor Covert Threat Detection Platform, is pleased to announce the upcoming deployment of its PATSCAN Platform to integrator/reseller partner Ginter Electrical Contractors, LLC (“Ginter Electrical”) of Cincinnati, OH and the City of Cincinnati.

 

Read this news featuring Patriot One in full at https://www.investorideas.com/news/2020/defense/07301PatriotOne-PATSCAN-Cincinnati.asp

 

“Working with Ginter Electrical and the City of Cincinnati to deploy our PATSCAN Platform in select government venues is a great opportunity to demonstrate how private industry and government can work together to ensure the public’s safety,” said Martin Cronin, Patriot One CEO.  “We’re excited to deliver our covert threat detection solution that is not only focused on saving lives but saving a way of life that the city’s employees, residents and visitors have come to expect since its establishment in December 1788.”

 

Five (5) PATSCAN Multi-Sensor Covert Threat Detection Platforms were shipped this week to Ginter Electrical in Cincinnati, Ohio, where they will be joined by Patriot One engineers and City of Cincinnati Facilities and Law Enforcement representatives to begin deployment of the platforms at select city facilities.  Specific locations will not be disclosed.

 

“City of Cincinnati officials have been closely following our efforts on the PATSCAN Platform deployment with the Cincinnati Reds Major League Baseball organization,” shared T.J. Dooley, Ginter Electricals’ Systems Integration Manager. “Following successful demonstration of the solution at the Reds’ undisclosed location, city management and law enforcement began to discuss plans for some initial deployments in select city buildings. We’re now ready to begin these deployments.”

 

“We pride ourselves on being a forward thinking, innovative Midwest city; always looking for ways to enrich our residents’ and visitors’ lives, while keeping them safe,” shared Interim City Manager Paula Boggs Muething. “I am proud to be part of a nationwide group against gun violence, as we continue our own efforts to develop Cincinnati as a smart, safe city with safer, healthy communities. Bringing solutions like the PATSCAN Threat Detection Platform will help us achieve this goal.  What started with our home team, the Cincinnati Reds at Great American Ball Park, will now expand across our great city.  As it spreads across our state and nation, we can take pride in the fact that Cincinnati played a leading role.”

 

Following the deployment of the initial five (5) PATSCAN Platforms, Patriot One and Ginter Electrical will work with the city officials on broadening deployment of the solution throughout other city facilities, as well as with other Ginter Electrical clients who have expressed interest in the multi-sensor threat detection platform.

 

Respectfully

 “Martin Cronin”

 

Martin Cronin, CEO

 

About Patriot One Technologies Inc. (TSX:PAT) (OTCQX: PTOTF) (FRA: 0PL):

Patriot Ones' mission is to deliver innovative threat detection and counter-terrorism solutions for safer communities. Our PATSCAN™ Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next generation AI/machine learning software. The network can be covertly deployed from far perimeter to interiors across multiple weapons-restricted facilities. The PATSCAN™ platform identifies and reports threats wherever required; car park, building approach, employee & public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances, or potential health and safety threats for immediate security response. Our motto Deter, Detect and Defend is based on the belief that widespread use of the PATSCAN™ platform will act as an effective deterrent to diminish the epidemic of active threats around the globe. For more information, visit: www.patriot1tech.com or follow us on Twitter and Facebook.

 

About Ginter Electrical Contractors:  Since 1998, Ginter Electrical has been providing high-quality, reliable commercial systems integration in the Greater Cincinnati/Tri-State area.  As one of the most reliable and professional electrical contracting firms in the area, Ginter Electrical can provide full-service end-to-end, electrical solutions for all kinds of power systems.  The company’s highly trained, high quality work force has over 200 years of combined electrical experience and is committed to providing its clients with the most comprehensive and efficient electrical and security solutions available, at a competitive price.  As a family owned and operated company, we are proud of the high-quality workmanship we provide our friends and associates in the Greater Cincinnati area. To learn more, visit ginterelectric.com.

 

For further information, please contact:

 

Patriot One Technologies Inquiries

info@patriot1tech.com

www.patriot1tech.com

 

Investor Relations

John Martin, Patriot One Technologies                         

+1 (888) 728-1332                                         

johnm@patriot1tech.com                                           

 

Media Contacts:

Scott Ledingham, Patriot One Technologies                           

+1-613-806-7135                                           

scott@prmedianow.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 system sales, 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 counterparty default 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 only as expressly required by applicable law.

 

Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

 

Paid News -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. Disclosure : this news release featuring TSX: PAT is a paid for news release on Investorideas.com ($750) More disclaimer info:

https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Wednesday, July 29, 2020

Breaking #Security #Stock News -Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) to Deploy PATSCAN Platform with City of Cincinnati; @Patriot1tech

Breaking #Security #Stock News -Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) to Deploy PATSCAN Platform with City of Cincinnati; @Patriot1tech

 

Ginter Electrical Expands Installations of Multi-Sensor Threat Detection Platform in Ohio

 


TORONTO, ON – July 29, 2020 -(Investorideas.com Newswire ) Breaking security stock news-  Patriot One Technologies Inc. . (TSX: PAT) (OTCQX: PTOTF)  (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of the PATSCAN™ Multi-Sensor Covert Threat Detection Platform, is pleased to announce the upcoming deployment of its PATSCAN Platform to integrator/reseller partner Ginter Electrical Contractors, LLC (“Ginter Electrical”) of Cincinnati, OH and the City of Cincinnati.

 

Read this news featuring Patriot One in full at https://www.investorideas.com/news/2020/defense/07291TSXPAT-PATSCAN-Cincinnati.asp

 

“Working with Ginter Electrical and the City of Cincinnati to deploy our PATSCAN Platform in select government venues is a great opportunity to demonstrate how private industry and government can work together to ensure the public’s safety,” said Martin Cronin, Patriot One CEO.  “We’re excited to deliver our covert threat detection solution that is not only focused on saving lives but saving a way of life that the city’s employees, residents and visitors have come to expect since its establishment in December 1788.”

 

Five (5) PATSCAN Multi-Sensor Covert Threat Detection Platforms were shipped this week to Ginter Electrical in Cincinnati, Ohio, where they will be joined by Patriot One engineers and City of Cincinnati Facilities and Law Enforcement representatives to begin deployment of the platforms at select city facilities.  Specific locations will not be disclosed.

 

“City of Cincinnati officials have been closely following our efforts on the PATSCAN Platform deployment with the Cincinnati Reds Major League Baseball organization,” shared T.J. Dooley, Ginter Electricals’ Systems Integration Manager. “Following successful demonstration of the solution at the Reds’ undisclosed location, city management and law enforcement began to discuss plans for some initial deployments in select city buildings. We’re now ready to begin these deployments.”

 

“We pride ourselves on being a forward thinking, innovative Midwest city; always looking for ways to enrich our residents’ and visitors’ lives, while keeping them safe,” shared Interim City Manager Paula Boggs Muething. “I am proud to be part of a nationwide group against gun violence, as we continue our own efforts to develop Cincinnati as a smart, safe city with safer, healthy communities. Bringing solutions like the PATSCAN Threat Detection Platform will help us achieve this goal.  What started with our home team, the Cincinnati Reds at Great American Ball Park, will now expand across our great city.  As it spreads across our state and nation, we can take pride in the fact that Cincinnati played a leading role.”

 

Following the deployment of the initial five (5) PATSCAN Platforms, Patriot One and Ginter Electrical will work with the city officials on broadening deployment of the solution throughout other city facilities, as well as with other Ginter Electrical clients who have expressed interest in the multi-sensor threat detection platform.

 

Respectfully

 “Martin Cronin”

 

Martin Cronin, CEO

 

About Patriot One Technologies Inc. (TSX:PAT) (OTCQX: PTOTF) (FRA: 0PL):

Patriot Ones' mission is to deliver innovative threat detection and counter-terrorism solutions for safer communities. Our PATSCAN™ Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next generation AI/machine learning software. The network can be covertly deployed from far perimeter to interiors across multiple weapons-restricted facilities. The PATSCAN™ platform identifies and reports threats wherever required; car park, building approach, employee & public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances, or potential health and safety threats for immediate security response. Our motto Deter, Detect and Defend is based on the belief that widespread use of the PATSCAN™ platform will act as an effective deterrent to diminish the epidemic of active threats around the globe. For more information, visit: www.patriot1tech.com or follow us on Twitter and Facebook.

 

About Ginter Electrical Contractors:  Since 1998, Ginter Electrical has been providing high-quality, reliable commercial systems integration in the Greater Cincinnati/Tri-State area.  As one of the most reliable and professional electrical contracting firms in the area, Ginter Electrical can provide full-service end-to-end, electrical solutions for all kinds of power systems.  The company’s highly trained, high quality work force has over 200 years of combined electrical experience and is committed to providing its clients with the most comprehensive and efficient electrical and security solutions available, at a competitive price.  As a family owned and operated company, we are proud of the high-quality workmanship we provide our friends and associates in the Greater Cincinnati area. To learn more, visit ginterelectric.com.

 

For further information, please contact:

 

Patriot One Technologies Inquiries

info@patriot1tech.com

www.patriot1tech.com

 

Investor Relations

John Martin, Patriot One Technologies                         

+1 (888) 728-1332                                         

johnm@patriot1tech.com                                           

 

Media Contacts:

Scott Ledingham, Patriot One Technologies                           

+1-613-806-7135                                           

scott@prmedianow.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 system sales, 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 counterparty default 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 only as expressly required by applicable law.

 

Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

 

Paid News -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. Disclosure : this news release featuring TSX: PAT is a paid for news release on Investorideas.com ($750) More disclaimer info:

https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Tuesday, July 21, 2020

HomelandDefenseStocks.com Q&A Interview with Scott Sacknoff, SPADE Defense Index Discussing Impact of Covid-19 on Sector


HomelandDefenseStocks.com Q&A Interview with Scott Sacknoff, SPADE Defense Index Discussing Impact of Covid-19 on Sector



Point Roberts, WA and Delta, BC – July 21, 2020 (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource releases an exclusive Q&A interview through its defense portal HomelandDefenseStocks.com.


Q&A Interview: HomelandDefenseStocks.com (HDS) Scott Sacknoff
With us today is Scott Sacknoff, manager of the SPADE Defense Index (DXS), an investment benchmark for companies involved with the defense, homeland security, aerospace, and government space markets.

In this interview we are going to cover the impact of COVID on the sector, how stocks have performed in the first half of 2020 along with prospects for the second half of the year, 4 firms systematically important to the defense sector that people may not be aware of and the forthcoming US presidential elections. 

HDS:  Let’s start with the state of the defense business and the impact of COVID on the sector.

Scott Sacknoff:  Generally fine. The Department of Defense and the major prime contractors have been front-loading contracts and accelerating approval of international sales.  COVID has impacted the billions of dollars of contracts have been left and the Pentagon and prime contractors have accelerated hundreds of millions in payments to supply chain partners in an effort to protect the US defense industrial base during the coronavirus slowdown.  Though some suppliers and firms may have financial issues, the defense industrial base appears solid.


HDS: Yet aerospace and defense stocks haven’t done so well and underperformed in the market in the first half of 2020.  Even as the market rebounded from the sharp decline of greater than 30% earlier this year only to near its prior peak, the sector has lagged. Talk to us about this and what you expect for the second half of 2020 and going in to 2021.

Scott Sacknoff: Our defense sector benchmark has outperformed the market significantly for years, by more than 120% in each of the past two decades, so a decline is natural.  When markets correct, people tend to sell where they have the biggest gains.  Many firms involved with commercial aerospace saw a sharp selloff due to the double whammy of air travel being essentially shut down due to the COVID and the Boeing 737Max production being put mostly on hold as the firm works through getting it recertified for flight. 

There are three key points to remember.  One, commercial air traffic and cargo transportation will rebound at some point.  There is no question about this.  Two, Boeing is one of two major manufacturers of large aircraft along with the European Airbus.  While the firm is working through some issues, the possibility that they can not overcome their current troubles is highly unlikely.  Three, the investment performance of the defense sector always rebounds.  Looking at more than thirty years’ worth of data, and an investment tracking the SPADE Defense Index never lost money if you reinvested the dividends and held for at least 30 months. 

Looking forward to the second half and 2021, I’d expect that Boeing receives flight readiness approval from the FAA for the 737-Max. Combined with the likelihood of a vaccine for COVID or medications that reduce its impact, we should see air travel steadily gain; maybe not to prior levels in the near term, but high enough to justify airlines to continue investments into modernizing their air fleet into more fuel-efficient vehicles.  Lastly, defense spending should continue to exhibit the strength it has seen in recent years.  The Pentagon has already issued research, development, and production contracts totaling hundreds of billions in system upgrades that will fund a number of programs for the next several years.  Likewise, while the news cycle has been focused on COVID, there remain a number of hot spots around the globe which have not gone away.  All of these factors, along with the historical track record of the Index, indicate that a reversion toward the mean is probable.  One key to tracking investor sentiment is looking at the number of shares outstanding in a fund such as Invesco’s Defense ETF (ticker:  PPA).  After declining when people raised cash during the market crash, shares invested in the fund have stabilized.  This indicates to me that most of the selling is done and when the sector starts to receive some positive news, we should see inflows and that would drive a rebound in the stocks of defense firms. 


HDS: The wildcard, of course, is the US presidential election in November, since the government budget for defense, homeland security, intelligence, and space remains a large part of the sector’s revenue.

Scott Sacknoff: Interestingly, political party has less to do with defense sector returns that one might think. The key is whether our perception is that the world is a safer or more dangerous place.  There was a Democrat in the White House for World War II, the Korean War, Vietnam, and recent actions in Iraq and Afghanistan.  There was a decline in defense spending when Congress saw a “peace dividend” after the fall of the Soviet Union and we perceived the threats as being less. Looking at the world, I don’t see a more stable planet.  Additionally, we’ve researched stock market performance for the past hundred years and especially since the Great Depression and the preponderance of recessions and market declines happened when a Republican controlled the White House.  It just goes to show you that everything isn’t as black and white as we think. 


HDS: The SPADE Defense Index just added four firms to its benchmark, some of which investors may be unfamiliar with.  Who are they and why were they added?

Scott Sacknoff: We continually review the universe of public companies to identify new public listings, spin-offs, mergers, or firms expanding their activities within the sector.  At the same time, we monitor the sector, using a variety of industry resources and announcements, to understand any changes to philosophy or defense strategy by the Pentagon. Our June review identified four firms that either recently went public or who now qualify based on our rules regarding size, liquidity, and whether defense is systematically important to the firm and the firm to the Department of Defense.  These four were:
·        RADA Electronics, an Israeli defense electronics firm specializing in radar sensors that is listed on the NASDAQ (RADA). 
·        PAE Systems (NYSE: PAE), a contractor with 15,000 plus employees that provides consulting, logistics, and professional services. They’ve been around since 1955 but recently went public after being acquired by private equity in a special purpose acquisition company (SPAC). 
·        Howmet (NYSE: HWM) is a firm that emerged after two rounds of spinoffs from Alcoa. The resulting firm has more than 65% of its revenues coming from specialty metals that are used on things like jet and rocket engines, titanium structures, and castings.
·        Lastly, post-COVID, DoD designated Spirit AeroSystems (SPR) as systematically important and critical to the US domestic production capacity.  Most of their business is in commercial aerospace systems but the firm generates more than half a billion in defense-related sales which it hopes to double in the next few years. 


HDS:  Thank you for taking the time to chat with us.  For more information on the SPADE Defense Index, please visit spadeindex.com/defense.  To learn more about the Invesco Aerospace and Defense ETF that tracks this benchmark, please visit Invesco’s website, the ticker is PPA.

This interview does not constitute an offer of an investment product. SPADE Indexes makes no representation regarding the advisability of investing in vehicles based on any of its indexes including the SPADE Defense Index. All information is provided ‘as is’, for information purposes only, and is not intended for trading purposes or advice. Neither SPADE Indexes nor any related party is liable for any informational errors, incompleteness, or for any actions taken based on the information contained herein.

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