#Defense
#Stock News: Patriot One (TSX.V: $PAT.V)
(OTCQB: $PTOTF) Appoints Vice President to Manage Go-to-Market Strategy
Industry veteran Franco Cerantola brings aerospace,
telecommunications and high-tech sector expertise
TORONTO, ON - November 30, 2017 – (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 are pleased to announce the appointment of Mr. Franco Cerantola, PMP to the position of
Vice President, Product Delivery.
Mr. Dinesh Kandanchatha, Patriot One
CTO notes, “Mr. Cerantola comes to us from his previous role as Senior Program
Manager and Site Leader with Smiths Detection, Canada. As General Manager for
Canada, he gained unique insights into the weapons detection sector from an
industry leader. Our immediate aim will be to leverage his experience as we
undertake installations at multiple customer locations over the next few
months, including at casino resorts, performance centers, museums, houses of
worship and select government sites. The perspective and experience that Franco
brings will be a major asset as we manage the deployment of PATSCAN into a
myriad of real-world conditions amid increasing global market demands.”
Mr. Cerantola’s career spans over 31
years of successful experience in engineering/operations and program management
in the aerospace, telecommunication and high-tech industries with national and
international exposure. He is extensively experienced at managing personnel, multi-million-dollar
budgets, P&L, manufacturing, supply chain and technical projects as well as
establishing strategies to develop new markets. He previously served as Senior
Program Manager and Site Leader with Smiths Detection Canada and prior to that
as President at FLC Performance to aid project development and delivery
management at Rockwell Automation. Before that, he was Director of Program
Management & Procurement at Field Aviation (Toronto) and also served as
Program Director (Canada) for Thales Transportation Systems where he assisted
in the development of PRESTO, the GTA (Greater Toronto Area) public
transportation fare collection system. He further served as Senior Project
Manager with Motorola Canada, and previously was Operations & Control
Software Project Manager at Calian Ltd, representing aspects of the Canadian
Space Agency in its Canadarm program for the International Space Station. Before
that he was Systems Engineering Manager with Lockheed Martin Canada Inc. regarding
the Joint Command, Control and Intelligence System. Mr. Cerantola served as a
member of the Canadian Armed Forces (Air Force) in many technical management
and engineering roles primarily with the CF-18, EH101 and CP-140 aircraft. He holds a bachelor’s degree in Engineering
Physics, Laval University, Quebec City, is a graduate of the Aerospace
Engineering Officer Course, CFB Borden, and the Aerospace Engineering Computer
Systems Course, Royal Military College, Kingston and the Canadian Forces Staff
School, Toronto. He has successfully completed additional programs in
engineering, personnel/project management, quality (Six Sigma) and software
applications and is PMI PMP and JHSC certified.
“I am extremely pleased to welcome
Franco to the team today” said Martin Cronin, CEO. “We are at a very important
juncture in the growth of the Company and his experience and organizational
strengths will be put to full use in the coming months. Now that we are moving
into real-world scenarios, we are striving to ensure that we have the
mechanisms in place to provide for consistent identification and threat
assessment. We are focusing all of our available resources, and are bringing on
board additional team members, to help manage this significant and historic task.
We are teaching PATSCAN to identify real-world potential threats, and our
initial installations are being selected to maximize our ability to capture essential
use-case and implementation data to ensure that our future customers have the
very best counter-threat solution right out of the box. We are building a weapons
identification platform that will learn to identify and share threat data system-wide.
But today, we must first enable PATSCAN with the real-world building-blocks to teach
and augment this machine-learning process. Strategic organizational leadership
right now is the key to successfully deploying this all-new technology, and our
results will validate our approach to this ongoing process.”
In related news, the Company wishes to
announce and welcomes the engagement of Mr. John Martin as Manager, Investor
Relations. As part of its commitment to continuous disclosure as a reporting
issuer, the Company advises Mr. Martin’s current compensation is five thousand
dollars monthly (CAD). Current and potential investors are invited to contact
Mr. Martin at johnm@patriot1tech.com
or by calling 1 (888) 728-1832.
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" 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
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