Tuesday, May 26, 2020

#Defense/ #AI #Stock News - Patriot One’s (TSX: $PAT.TO) (OTCQX: $PTOTF) Xtract AI Division Secures Contract for Department of National Defence and Canadian Firefighters, @patriot1tech. @NationalDefence



#Defense/ #AI  #Stock News - Patriot One’s (TSX: $PAT.TO) (OTCQX: $PTOTF) Xtract AI Division Secures Contract for Department of National Defence and Canadian Firefighters, @patriot1tech. @NationalDefence

British Columbia-based AI firm to work with Public Works and Government Services Canada

VANCOUVER,BC–May 26,2020- Investorideas.com Newswire and Homelanddefensestocks.com -Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF)   (FRANKFURT: 0PL) wholly-owned subsidiary Xtract Technologies (“Xtract AI”) is pleased to announce it has secured a $157,000 contract with Canada’s Department of National Defence through the Public Works and Government Services Canada Division, as part of the Innovative Solutions Canada Program (ISC).


The contract is for a project looking to provide better situational awareness for Canadian firefighters. The outcome will be a solution that will provide innovative devices, applications, personal protective equipment and technology to help firefighters work in a more Head Up Hands Free (HU/HF) mode of operation on the fire ground. Using Xtract AI’s expertise in artificial intelligence for video and data analysis the project will aim to:
  integrate multiple sensors and biometric data feeds to assess the health, status and safety of firefighters in the field
  detect objects and people in smoke, and predict flow path and flashover using thermal and video imaging feeds in real time
  feed appropriate and necessary data back to incident commanders and firefighters in the field through a combination of dashboards, heads up displays, and haptic and audio feedback to increase efficiencies and remove distractions

Work will proceed in multiple phases, including the design and development of advanced machine learning models, proprietary data sets and integration with advanced visualization solutions.

“We’re tremendously excited to be working on this project and thank the Innovative Solutions Canada Program (ISC) for selecting us,” expresses Martin Cronin, CEO of Patriot One. “Xtract AI’s knowledge of artificial intelligence, and data and video analysis are an ideal match for this challenge, and we relish the opportunity to put these into a solution that will assist Canadian firefighters in being better informed, more efficient and, ultimately, safer.”

For more details on the Public Work’s DND contract, please visit: https://buyandsell.gc.ca/procurement-data/award-notice/PW-SI-004-36861-001

The Xtract AI team is already underway with the project’s design and development phase, and will make announcements, as required, on the progress of its efforts in achieving the goals of Canadian Department of National Defense.

About XTRACT TECHNOLOGIES INC
Xtract AI develops and commercializes artificial intelligence, machine learning, deep neural networks and predictive solutions utilizing advanced technology for public institutions and private enterprise. The firm has an award winning, highly skilled team that develops AI solutions to solve challenges across computer vision (CV), natural language processing (NLP), anomaly detection, and time-series analysis for applications ranging from security and defense to environmental solutions and healthcare. For more information on building your AI solution, visit: xtract.ai

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.

For further information, please contact:

Investor Relations
John Martin, Patriot One
+1 (888) 728-1332
johnm@patriot1tech.com
                                                                               
Media Contacts:
Scott Ledingham, Patriot One
+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 Please read Investorideas.com privacy policy:

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Thursday, May 21, 2020

Breaking #Defense #Stock News -Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Selected for $4.5M CAD Co-Investment from Digital Technology Supercluster COVID-19 Program @patriot1tech



Breaking #Defense #Stock News -Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Selected for $4.5M CAD Co-Investment from Digital Technology Supercluster COVID-19 Program @patriot1tech

TORONTO, ON- May 21, 2020) –(Investorideas.com Newswire, Homelanddefensestocks.com )-- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF)   (FRANKFURT: 0PL) (“Patriot One” or the “Company”), is pleased to announce it has been selected by Canada’s Digital Technology Supercluster (the “ Supercluster”) for participation in a funding program for up to $4.5 million (CAD) in co-investment capital (the “Investment”) for the PATSCAN Multi-Sensor Threat Detection Platform (the “PATSCAN Platform”).  This investment is proposed to fund the advanced development and deployment of the PATSCAN VRS health and safety detection modules for thermal elevated body temperature, facial mask screening, social distancing and contact tracing (the “Health & Safety Modules”) as part of the Company’s suite of video object recognition solutions.  


The co-investment is subject to the completion of a definitive contract, which proposes to release funding under a two-stage approach to develop and deploy (a) a thermal screening module that highlights persons presenting with elevated temperatures in real-time, using commodity-priced thermal cameras, (b) additional computer modules that detect the presence or non-presence of medical and non-medical masks and face coverings, and the ability to highlight persons and problem areas where social distance requirements are not being maintained, and (c) cross-location monitoring and prediction of future outbreaks based on the overall trending of a combination of quantifiable indicators.  Stage one is proposed to comprise up to $2.25 Million in Investment funding to demonstrate the development and deployment of Modules over a four to six-month timeframe on-site with five or more co-development customers, and commercial validation by one or more customers recruited as a co-development partner for Stage two.  Following a successful Stage One deployment, the Company will receive a second Investment advance of up to $2.25 Million over a six to eight-month timeframe to refine the Health & Safety Modules and redeploy same with Stage One partners and customer(s). Expenses eligible for Investment are subject to the Supercluster’s COVID-19 Program Co-Investment Guidelines.

The Health & Safety Modules are additional video object recognition solutions that have been added to the PATSCAN Platform, which also includes weapon detection, disturbance and fight detection modules.

“Our mission has always been to create safer communities by detecting dangers before they become a threat to our global citizens and communities,” shared Martin Cronin, CEO of Patriot One. “We believe our thermal camera solution will greatly help businesses, healthcare, retail, sport, entertainment, and hospitality industries as they re-open the economy.  The thermal and facial mask screening solutions will allow property management to screen employees and customers for elevated body temperatures, and if detected, those individuals can proceed through secondary screening process for further evaluation, as well as for compliance with mask protocols.”

“The Health & Safety Modules can use off-the-shelf thermal cameras, powered with our PATSCAN artificial intelligence (AI) software, to identify and analyze instances of elevated body temperature,” explained Dietmar Wennemer, Patriot One’s new President and COO.  “It is not as simple as installing a thermal camera and expecting to get a precise temperature reading; the fine temperature tolerances are not detected with every standard IR thermal camera.  The key is in our use of machine learning to identify anomalies.  Any anomalous detection outside a nominal body temperature range will result in an immediate alert, which will be instantly transmitted to onsite security for further action.  This new thermal module is compatible with the PATSCAN Platform and compatible with all other solutions including the facial mask detection module. All detection Modules can be monitored remotely.  We also have two excellent AI research teams that continuously enhance our AI features and the effectiveness of the computer neural networks we utilize for our advanced solutions.”

“We are proud to support the development and deployment of the PATSCAN Platform to improve the health and safety of all Canadians through the Health & Safety modules being developed by Patriot One,” said Sue Paish, CEO of the Digital Technology Supercluster.  “This innovative screening technology will support Canada in safely re-opening the economy in the COVID 19 environment.”

Development of the PATSCAN Platform’s VRS thermal elevated body temperature and facial mask detection modules has already begun, with testing in four (4) distinct North American settings, including a hospital, business office, sport stadium and law enforcement facility.  Following these onsite client tests and evaluations, Patriot One and the Digital Technology Supercluster will discuss the commercial rollout and deployment of these new Health & Safety Modules across Canada, as part of the overall PATSCAN Multi-Sensor Covert Threat Detection Platform. 

In addition, the Company has plans to undertake a corporate awareness campaign to raise its profile in the U.S. domestic investment community, and has engaged Winning Media, LLC (“Winning Media”) to provide Patriot One with a breadth of targeted digital media and corporate brand recognition initiatives. Winning Media is a Houston, Texas – based marketing agency that specializes in digital and corporate brand marketing services to enhance corporate visibility and retail investor awareness. The agency will handle specific functions of digital distribution of public information relating to the Company. Winning Media and its principals do not have any direct or indirect equity interest in the Company and will not receive any securities of the Company as compensation for their services.

Respectfully,

“Martin Cronin”

Martin Cronin, CEO

About Patriot One Technologies Inc.
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 and public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances 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.comor follow us on Twitter and Facebook.

About Digital Technology Supercluster:

The Digital Technology Supercluster is led by global companies such as MDA, Microsoft, Telus, Teck Resources Limited, Mosaic Forest Management, Lululemon, LifeLabs and Terramera, and tech industry leaders such as 1Qbit, D-Wave Systems, Finger Food Advanced Technology Group, Sanctuary AI,  and LlamaZOO. Members also include BC’s post-secondary institutions such as Emily Carr University of Art + Design, British Columbia Institute of Technology, University of British Columbia and Simon Fraser University.  A full list of Members can be found here.

About the COVID-19 Program:
The COVID-19 Program funds projects that contribute to improving the health and safety of Canadians, supporting Canada’s ability to address issues created by the COVID-19 outbreak.  In addition, these projects will build expertise and capacity to address and anticipate issues that may arise in future health crises. More information can be found here.

For further information, please contact:
Patriot One  Inquiries
info@patriot1tech.com

Investor Relations
John Martin, Patriot One
+1 (888) 728-1332
johnm@patriot1tech.com

Media Contacts:
Scott Ledingham, Patriot One
+1-613-806-7135
scott@prmedianow.com

Digital Technology Supercluster
Elysa Darling
587-890-9833

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, April 29, 2020

Breaking #Defense #Stock News -Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Joins NVIDIA (NASDAQ: $NVDA) Metropolis Software Partner Program, @patriot1tech


Breaking #Defense #Stock News -Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Joins NVIDIA (NASDAQ: $NVDA) Metropolis Software Partner Program, @patriot1tech

#PATSCAN Platform Helps Communities Become Smarter, Safer


TORONTO, ON– April 29, 2020 – (Investorideas.com Newswire, Homelanddefensestocks.com )-- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF)   (FRANKFURT: 0PL) (“Patriot One” or the “Company”), maker of the PATSCAN Multi-Sensor Covert Threat Detection Platform, today announced it has joined the NVIDIA  ( NASDAQ: NVDA) Metropolis Software Partner Program.


The NVIDIA Metropolis platform allows companies to create complete solutions for video capture, processing, storage, and visualization – from the edge to the cloud. The partner certification program offers system design tools and turnkey software packages enabling pre-validated, enterprise-ready intelligent video analytics (IVA) solutions that can be deployed to build smarter and safer cities worldwide. The certified software, once deployed in the field, makes it hassle-free for companies to manage and upgrade software easily and scale out their IVA solutions everywhere.  This includes high-end smart sensors, like those found with Patriot One’s PATSCAN Platform’s VRS video threat detection solution, as well as intelligent appliances, such as network video recorders for on-premises deployment and servers in the cloud.  

“I am pleased and honored that NVIDIA has certified Patriot One as a Metropolis Program partner and sees value in our PATSCAN Platform and its VRS component,” said Martin Cronin, CEO of Patriot One. “In addition to our current video threat detection modules for (i) weapon detection and (ii) public disturbance and fights, our team continues to look at other module applications, including the use of thermal cameras. Our Platform, including our video object recognition capabilities, will help our communities not only become smarter, but safer from a variety of seen and unseen threats.”  

Patriot One’s development team is working with NVIDIA to integrate the PATSCAN software, including its multiple sensor components, as an offering through the NVIDIA Metropolis platform. As a program partner, Patriot One plans to promote its offerings at NVIDIA and third-party events, as well as gain early access to various NVIDIA hardware and SDKs, which will further speed up deep-learning application development time and performance. Patriot One will also get access to a dedicated NVIDIA technical team as part of the Metropolis program.

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

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:

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