#Security Stock News: Patriot One (TSX.V: $PAT.V) (OTCQX: $PTOTF) @patriot1tech Partners with Cisco Systems (NASDAQ: $CSCO) on Innovation Program
Blue-chip firm to aid PATSCAN product acceleration, innovation and access to global marketplace
TORONTO, CANADA - October 24, 2018 (Investorideas.com Newswire) Patriot One Technologies Inc., (TSX.V: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL) ("Patriot One" or the "Company"), developer of the revolutionary PATSCAN concealed weapons detection system, has been invited to partner with Cisco Systems (NASDAQ: CSCO) on its global innovation program. The partnership aims to assist effective commercial deployment of the PATSCAN family of threat detection solutions.
Cisco Systems' innovation program includes a variety of engagement opportunities. The program will provide co-innovation and co-creation efforts for the integration of Patriot One's PATSCAN threat detection solutions alongside Cisco security and network solutions, including framework architecture, installation, and data management. The proposed efforts target joint customer presentations leading to planning and implementation of integrated threat detection and security solutions with end-clients. In addition, Patriot One will acquire access to Cisco's global network, potentially multiplying deployment of its PATSCAN family of threat detection solutions.
“We are very excited to partner with Cisco Systems on its innovation program, as it will accelerate our efforts to bring much needed threat detection solutions to the marketplace," expressed Martin Cronin, CEO and President of Patriot One. “Our company's vision is to create a world safer from acts of violence on our global citizens. This partnership will play a key part in our mission to be the foremost proponent and provider of innovative threat detection and counter terrorism solutions and services for public safety."
Patriot One's partnership with Cisco is underway. Engineers from both companies have been reviewing the PATSCAN threat detection solutions and evaluating ways to advance framework architecture and data management. In addition, last week, Patriot One engineers joined other Cisco partners to showcase the company's PATSCAN family of threat detection solutions to Cisco's largest clients and partners. The Patriot One showcase was part of the annual 2018 Cisco Connect Conference, held at the Toronto Congress Centre. Other programs where Patriot One will present and demonstrate its PATSCAN family of threat solutions to Cisco's global network and client base include Cisco's Global Partner Summits, which take place around the world including Las Vegas, Barcelona and Toronto.
As referenced in its mission, Patriot One looks to deliver a layered, multi-sensor approach to threat detection to secure public and private spaces. From the parking lot to inside a building, Patriot One's goal is to help today's security personnel Deter, Detect & Defend as required. The partnership with Cisco will directly aid the Company in achieving this mission globally.
Patriot One has developed the PATSCAN™ next generation software and sensor solution for the covert detection of weapons threats. Designed as an innovative and effective platform to combat active shooter threats before they occur, the system features the award-winning PATSCAN™ CMR cognitive microwave radar system. Built for cost-effective deployment in weapon-restricted buildings and facilities, the Patriot One software solution and related hardware can be installed to covertly identify weapons and to alert security of an active threat entering the premises. 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. 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 information, visit: www.patriot1tech.com
ON BEHALF OF THE BOARD
"Martin Cronin"
CEO & Director, Patriot One Technologies
Media contacts:
North America: Scott Ledingham, PR Media Now | scott@prmedianow.com | +1-613-806-7135
UK/Europe: Iain Waterman, Missive | iain.waterman@missive.co.uk | +44 (0)7718 705124
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 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.
This news is published on the Investorideas.com Newswire – News that Inspires big ideas 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. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure this news is a paid for news release on the Investorideas.com newswire by Patriot One Technologies Inc., (TSX.V: PAT) Learn more about costs and our newswire service http://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy: http://www.investorideas.com/About/Private_Policy.asp
