#Defense #Stocks in the News: Patriot One (TSX:
$PAT.TO) (OTCQX: $PTOTF) Announces CEO Leadership Transition; @patriot1tech
The Company Moves into Growth Stage after Successful
Product Commercialization
Read this news featuring Patriot One in full at https://www.investorideas.com/news/2020/defense/08191Patriot-One-CEO-Leadership-Transition.asp
“We’re extremely proud of the accomplishments Martin has
achieved and pleased that he will remain on the Board as an advisor in such a
critical area for our growth,” expressed Peter van
der Gracht, Patriot One’s Chairman of the
Board. “Martin has been instrumental in leading Patriot One’s substantial
fundraising efforts, as well as the initial sales of the PATSCAN Platform these
past four years. His leadership,
business focus and personal drive has positioned the Company for great success
in this new fiscal year, and beyond.”
“It’s been a
rewarding experience leading Patriot One on this path from concept to product
launch and I’m proud to have been part of the team,” shared Martin
Cronin. “The Board and I agree that it
is the right time for this thoughtful succession process, and I am committed to
supporting a smooth transition for the benefit of all of our stakeholders. As
in every start-up in today’s economy, my departure is part of a natural
evolution in corporate leadership. Now
it is about sales execution and scaling.
The addition of our new COO and President Dietmar Wennemer was the first
step in this process which was followed up by the hiring of our new CFO, Karen
Hersh. The search for a CEO with
demonstrated growth-stage experience will complement and round out our new
leadership group and I look forward to working with this new C-Suite team and
the Board as the Company continues its mission to save lives and improve the
way of life for our communities.”
About Patriot
One Technologies:
Patriot
One’s 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.
For further
information, please contact:
Patriot One Technologies Inquiries
info@patriot1tech.com
Investor Relations
John Martin, Patriot One Technologies
+1 (888) 728-1332
Media Contacts:
Scott Ledingham, Patriot One Technologies
+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 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
Please read Investorideas.com privacy
policy: https://www.investorideas.com/About/Private_Policy.asp
About Investorideas.com
https://www.investorideas.com/About/
Sign up for free stock news alerts at
Investorideas.com
https://www.investorideas.com/Resources/Newsletter.asp
Get more Defense Stock Investor Ideas - news, articles, and stock directories
No comments:
Post a Comment