#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.
Read
this news in full at http://www.investorideas.com/news/2018/defense/03282PatriotOne-UpdateAdvice.asp
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
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
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