Thursday, February 21, 2019

How #Cybersecurity Experts are Leading Companies into a New Era of Security; (CSE: $VAI.C) (OTC: $VTRL) (NYSE: $BAH) (NASDAQ: $CHKP) (NYSE: $ACN)


How #Cybersecurity Experts are Leading Companies into a New Era of Security; (CSE: $VAI.C) (OTC: $VTRL) (NYSE: $BAH) (NASDAQ: $CHKP) (NYSE: $ACN)



Point Roberts WA, Delta BC – February 21, 2019 - Investorideas.com, a leading investor news resource covering defense and security stocks issues a  snapshot looking at the current cybersecurity landscape and how experts and service providers are shifting companies into a new era of security; beyond a “ bigger wall” mindset. 


Investor Ideas turned to cybersecurity expert Roger Cressey at Liberty Group Ventures, LLC for insight into the sector and what is needed to address current and future threats.  Cressey was formerly with Booz Allen Hamilton (NYSE: BAH), Good Harbor Consulting, held senior cyber security and counterterrorism positions in the Clinton and Bush Administrations and was an on-air counterterrorism analyst with NBC News.

Cressey said, “We have been very slow on understanding how to integrate cybersecurity into our overall business operations.” 

Listen to full interview with Roger Cressey:

According to recent commentary from Consulting.US, “The interest in cybersecurity consultancy is an international phenomenon. Saudi Arabia in June entered into an agreement with Booz Allen Hamilton, which will see the American consulting firm train Saudi cybersecurity experts. In a report that analyzed 158 UK-based cybersecurity start-ups, consulting firm Wavestone found that demand for cybersecurity services rose steeply in 2018.“

VirtualArmour International Inc. (CSE:VAI) (OTC:VTLR), a global cybersecurity and managed services provider, is gearing up to launch a new version of their proprietary CloudCastr client portal and prevention platform, and company CTO, Andrew Douthwaite explains how regulation is healthy for promoting good security.

“The more regulation the better, so we can keep this drive toward good security going forward,” he said.

“One way VirtualArmour has been able to keep clients in the loop with regard to security risks and data, is their Cloudcastr client portal, a proprietary monitoring and visualization platform.”

Douthwaite explained that the platform provides “…an overview of current threats that are happening, all of the services that we’re offering to that customer, access to our managed service engineers and has other functionalities such as secure file share.”

Douthwaite said that the platform is being updated all the time and that clients can anticipate a 2.0 which will boast even more capabilities.

“Cloudcastr has been continually developed from there, adding new features all the time,” he said. “And we’re going for a new big launch, which is being developed…of Cloudcastr 2.0. It will include a lot of new features, such as reporting, invoicing and some more predictability pieces around the security environment.”

Listen to full interview with CTO Andrew Douthwaite:

According to Accenture (NYSE: ACN), one of the largest cyber consultancy firms, the average cost of malware attack spending and the top cost to companies is $2.4 million and the average time to resolve a malicious insiders attack is 50 days.  Their approach; historically, the energy spent on securing data has been focused on building a better “wall.” It’s an approach that no longer works in today’s perimeter-less world where some seven billion connected devices (80 billion by 2025*) have opened a liquid stream of data vulnerable to attack.

“It is time to shift our security posture to focus on a liquid approach to cybersecurity - where strong, immutable identities, hardened data and an ever-changing polymorphic attack surface enable us to move beyond cyber resilience to a constant state of business operations.”

Recent breaking news in the sector; Infocyte, a cybersecurity company focused on proactive threat detection and incident response and Check Point Software Technologies Ltd. (NASDAQ:CHKP), a leading provider of cyber security solutions globally, said they are partnering to deliver faster threat detection and incident response services on compromised hosts. As part of the partnership, Infocyte's platform, Infocyte HUNT will be integrated with Check Point's suite of advanced services. Both companies will share threat intelligence to improve their threat detection and incident response capabilities.

Check Point's recent Cyber Attack Trends Report highlights the growing concern around advanced threats. New forms of malware, cryptominers, ransomware and other cyber-attacks continue to show alarming rates of success across cloud, traditional, and hybrid networks. As cyber-attacks evolve, they become better at penetrating deep into IT networks and hiding from traditional detection technologies. In an effort to fight back, companies are adopting proactive practices like post-breach threat detection and remediation solutions that complement their existing cyber security defenses.

Turning back to how Roger Cressey sees the landscape, he said, “I do think things are starting to evolve and I think there is a higher level of awareness, especially in corporations, that I have not seen in a number of years and that’s encouraging.”


About Investorideas.com

Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 


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Disclosure: Investorideas. 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: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this article featuring VirtualArmour is a paid for service on Investorideas.com – third party, Learn more about costs and our services https://www.investorideas.com/News-Upload/
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Tuesday, February 5, 2019

Investorideas.com - Instances of #Fraud on the Rise, but are Matched by Robust Industry Responses; How FICO (NYSE: $FICO), Mobiquity Technologies (OTCQB: $MOBQ), NICE (NASDAQ: $NICE) and ACI (NASDAQ: $ACIW) are Providing Solutions - #Fraudetection

Investorideas.com - Instances of #Fraud on the Rise, but are Matched by Robust Industry Responses; How FICO (NYSE: $FICO), Mobiquity Technologies (OTCQB: $MOBQ), NICE (NASDAQ: $NICE) and ACI (NASDAQ: $ACIW) are Providing Solutions - #Fraudetection



Instances of #Fraud on the Rise, but are Matched by Robust Industry Responses; How FICO (NYSE: $FICO), Mobiquity Technologies (OTCQB: $MOBQ), NICE (NASDAQ: $NICE) and ACI (NASDAQ: $ACIW) are Providing Solutions - #Fraudetection


New York, NY and Delta, BC - February 5, 2018 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering technology stocks releases a snapshot looking at fraud detection and management solutions.
Research from Mordor Intelligence indicates that the global Fraud Detection and Prevention (FDP) Market will grow as high $29.07 billion USD by 2023. Another study, from Markets and Markets, puts the number even higher, projecting a value of $63.5 billion by 2023. Both cite online transactions, including cyber fraud, and payments fraud as key drivers for growth in the space.
Payments fraud resulting from payment cards losses, totaled $24.26 billion in the last year according to recent data. Analytical software firm FICO (NYSE:FICO) utilizes artificial intelligence in its Falcon Fraud Platform to analyze and protect payment card transactions. Alexandre Graff, Vice President of FICO in Latin America explained:
"Falcon is an artificial intelligence solution based on dozens of machine learning patents that excel at detecting transactional fraud. Falcon models are based on the largest data fraud consortium in the world, the Falcon Intelligence Network. Conductor will also offer omnichannel communication based on FICO Customer Communication Services, which further reduces false positives and takes user experience to a higher level. For example, when the system identifies abnormal behavior, it communicates directly with the user's preferred communication channel to confirm whether it is fraud or not."
Another sore spot is ad fraud, which was projected to have cost $19 billion last year - or 9 percent of total digital advertiser spending - and will total $44 billion by 2022, according to a survey from Juniper Research. Recently, Mobiquity Technologies, Inc. (OTC:MOBQ) responded to this with the release of its transparent ad fraud reporting system, AdCop, through its Advangelists platform.
According to a recent press release"AdCop monitors for programmatic fraud post bid impression. If AdCop suspects fraud, the Advangelists platform renders a blank page instead of an advertiser's advertisement as a brand safety measure. In addition, the platform's comprehensive reporting provides advertisers and publishers full transparency and details around the fraud detected."
Advangelists CEO Deep Katyal explained that the company is currently giving away the beta program of AdCop for free.
"We believe so strongly in our product, that today, I'm excited to announce our free AdCop beta program," said Katyal. "Participating beta partners can monitor their ad campaign impression level fraud for free; they do not need to be a Client of Advangelists or purchase media through our platform."
Another firm addressing fraud detection and management via artificial intelligence is NICE, Ltd. (NasdaqGS:NICE), whose NICE Actimize division recently announced the IFM-X, its "next-generation Integrated Fraud Management (IFM) platform that leverages automation and machine learning to optimize effectiveness while reducing the total cost of implementing and operating an enterprise fraud risk management system". NICE Actimize CEO, Craig Costigan said:
"Rapidly changing demands in the fraud marketplace led NICE Actimize to develop the new IFM-X platform in response to our customers' challenging requirements," Costigan said. "This new platform unleashes the power of our market-leading fraud expertise coupled with expert-led machine learning technology to enable superior protection against constantly evolving and malicious fraud attacks."
ACI Worldwide, Inc. (NasdaqGS:ACIW) actually integrates fraud detection directly in their UP eCommerce Payments Solution. The award-winning cloud-based platform boasts sophisticated real-time fraud detection capabilities and prevents fraud while maintaining conversion rates. The seamless integration allows merchants to continue providing quality customer experiences while the fraud filter works in the background.
So, while data indicates that payment fraud is growing and ad fraud statistics are getting increasingly bleak, there is simultaneously a vigorous response coming from the FDP space. Katyal emphasizes the role of transparency in the space;
"Fraud hurts everyone in the industry. We believe programmatic media should be fully transparent, from cost transparency through to fully understanding the nature of fraudulent activity within your advertising partners."
For investors following tech stocks Investor Ideas has created a directory of publicly traded companies in the sector.
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
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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: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this news article featuring Mobiquity Technologies is a paid for service on Investorideas.com by a third party.  Learn more about costs and our services https://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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Contact Investorideas.com
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Wednesday, January 16, 2019

Investorideas.com - #CyberSecurity and #Security for 2019: VirtualArmour (CSE: $VAI.C) (OTCQB: $VTLR), Patriot One (TSX-V: $PAT.V) (OTC: $PTOTF), Check Point (NASDAQ: $CHKP), FireEye (NASDAQ: $FEYE)

Investorideas.com - #CyberSecurity and #Security for 2019: VirtualArmour (CSE: $VAI.C) (OTCQB: $VTLR), Patriot One (TSX-V: $PAT.V) (OTC: $PTOTF), Check Point (NASDAQ: $CHKP), FireEye (NASDAQ: $FEYE)



#CyberSecurity and #Security for 2019: VirtualArmour (CSE: $VAI.C) (OTCQB: $VTLR), Patriot One (TSX-V: $PAT.V) (OTC: $PTOTF), Check Point (NASDAQ: $CHKP), FireEye (NASDAQ: $FEYE)


Point Roberts, WA and Delta, BC - January 16, 2019 (Investorideas.com Newswire) Cyber stocks news alert - Investorideas.com, a leading investor news resource covering defense and security stocks and its defense portal, Homelanddefensestocks.com, release a snapshot looking at the recent surge in demand for cyber security technology following the numerous breaches and hacks of 2018.
Google, Facebook, British Airways, T-Mobile, Uber and Marriott all suffered from very public cyber security breaches in 2018 due to preventable lapses in security which ended up exposing personal data from hundreds of millions of individuals to unauthorized users. How will this affect cybersecurity for 2019?
According to Cybersecurity Ventures' recent quarterly report, global cybersecurity spending is predicted to exceed $1 trillion cumulatively from 2018 to 2021. In 2004, the global cybersecurity market was worth $3.5 billion while in 2019, spending is expected to hit $120 billion.
"Last year's major data security breaches could have been prevented with a properly implemented cybersecurity strategy and proactive management," according to Andrew Douthwaite, Chief Technology Officer at VirtualArmour International  (OTCQB:VTLR) (CSE:VAI), a fast-growing cybersecurity managed services provider based in Denver, Colorado.
Leading the growth of VirtualArmour over the last decade, Douthwaite knows a few things about cybersecurity, and his company's track record shows it. "While there were plenty of attempts, none of our enterprise clients were breached utilizing our services in 2018 - or ever, for that matter, since they became a client - and for good reason," said Douthwaite. "We are the best at what we do."
VirtualArmour services a wide range of clients, which include Fortune 500 companies and several industry sectors in over 30 countries across five continents. Its customized solutions help businesses build, monitor, maintain and secure their networks, and it maintains 24/7 client monitoring with specialist teams located at its U.S. and UK-based security operation centers.
"While the big breaches in 2018 are behind us, companies should brace for more sophisticated and devastating attacks in the new year," said Douthwaite. "Cybercrime remains a seriously strong threat, and every business manager should be taking steps to ensure that their company does not become a successful target."
To keep pace with the rising sophistication of cyber threats, FireEye, Inc. (NASDAQ:FEYEannounced adding new features to the FireEye Email Security - Server Edition.
The new capabilities include Multi-Vector Virtual Execution (MVX) engine, which can use image-set passwords in emails to analyze the related password-protected files — a feature which most sandbox detection are unable to analyze.
FireEye's MalwareGuard, which was launched recently, is also among the new additions to the FireEye Email Security - Server Edition.
The key intent behind the new upgrades is the growing incidences of executive impersonation attacks, which do not contain any malware but significantly jeopardize business emails. This is becoming a concern because people tend to access and respond to such emails because they look official and legitimate.
Online security may be paramount but there is also the need for real world security coupling such as with Patriot One Technologies Inc. (TSX-V:PAT) (OTC:PTOTF), developer of the award-winning PATSCAN™ covert radar weapons detection system, who recently closed its acquisition of EhEye Inc., which is now a wholly-owned subsidiary of Patriot One and its video recognition software rebranded as PATSCAN VRS.
This unique system automates the detection of weapons, disturbances and suspicious behaviors through existing camera infrastructure. Using computer vision techniques coupled with machine learning for artifact recognition, the solution employs deep learning architecture to alert security teams to anomalies that a standard video system cannot identify.
Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, also announced a recent acquisition, ForceNock Security Ltd.
ForceNock developed a Web Application and API Protection technology which utilizes machine learning, behavioral and reputation-based security engines which Check Point plans to integrate into its Infinity total protection architecture.
Andrew Douthwaite, delved more into these simple solutions and other major 2018 breaches in a recent article published on LinkedIn.com here, with his conclusion being simple and obvious.
"You should have a robust cybersecurity strategy and preventative operating procedures in place, be constantly monitoring all of your network - looking for incidents such as unauthorized access, and make sure that your employees receive comprehensive and up to date cybersecurity training."
For investors following security and defense stocks,, Investor Ideas has created a stock directory of Security and Defense stocks, Biometrics stocks, Homeland security stocks, Biodefense stocks, Cybersecurity stocks.
About Investorideas.com
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
Follow us on Twitter https://twitter.com/Investorideas
Disclosure: Investorideas. 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: https://www.investorideas.com/About/Disclaimer.aspDisclosure: this news article featuring VirtualArmour is a paid for news release on Investorideas.com - third party , Learn more about costs and our services https://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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

HomelandDefenseStocks.com - investing ideas for Defense stocks, Biometrics stocks, Homeland security stocks, Biodefense stocks, Cyber security stocks

Tuesday, January 15, 2019

Investorideas.com - #Cybersecurity Breaches Pave The Way For Proactive Solutions in 2019: VirtualArmour International (CSE: $VAI.C) (OTCQB: $VTLR), Patriot One (TSX-V: $PAT.V) (OTC: $PTOTF), Check Point (NASDAQ: $CHKP) and FireEye (NASDAQ: $FEYE)

Investorideas.com - #Cybersecurity Breaches Pave The Way For Proactive Solutions in 2019: VirtualArmour International (CSE: $VAI.C) (OTCQB: $VTLR), Patriot One (TSX-V: $PAT.V) (OTC: $PTOTF), Check Point (NASDAQ: $CHKP) and FireEye (NASDAQ: $FEYE)



#Cybersecurity Breaches Pave The Way For Proactive Solutions in 2019: VirtualArmour International (CSE: $VAI.C) (OTCQB: $VTLR), Patriot One (TSX-V: $PAT.V) (OTC: $PTOTF), Check Point (NASDAQ: $CHKP) and FireEye (NASDAQ: $FEYE)


Point Roberts, WA and Delta, BC - January 15, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering defense and security stocks and its defense portal, Homelanddefensestocks.com, release a snapshot looking at the recent surge in demand for cyber security technology following the numerous breaches and hacks of 2018.
Google, Facebook, British Airways, T-Mobile, Uber and Marriott all suffered from very public cyber security breaches in 2018 due to preventable lapses in security which ended up exposing personal data from hundreds of millions of individuals to unauthorized users. How will this affect cybersecurity for 2019?
According to Cybersecurity Ventures' recent quarterly report, global cybersecurity spending is predicted to exceed $1 trillion cumulatively from 2018 to 2021. In 2004, the global cybersecurity market was worth $3.5 billion while in 2019, spending is expected to hit $120 billion.
"Last year's major data security breaches could have been prevented with a properly implemented cybersecurity strategy and proactive management," according to Andrew Douthwaite, Chief Technology Officer at VirtualArmour International  (OTCQB:VTLR) (CSE:VAI), a fast-growing cybersecurity managed services provider based in Denver, Colorado.
Leading the growth of VirtualArmour over the last decade, Douthwaite knows a few things about cybersecurity, and his company's track record shows it. "While there were plenty of attempts, none of our enterprise clients were breached utilizing our services in 2018 - or ever, for that matter, since they became a client - and for good reason," said Douthwaite. "We are the best at what we do."
VirtualArmour services a wide range of clients, which include Fortune 500 companies and several industry sectors in over 30 countries across five continents. Its customized solutions help businesses build, monitor, maintain and secure their networks, and it maintains 24/7 client monitoring with specialist teams located at its U.S. and UK-based security operation centers.
"While the big breaches in 2018 are behind us, companies should brace for more sophisticated and devastating attacks in the new year," said Douthwaite. "Cybercrime remains a seriously strong threat, and every business manager should be taking steps to ensure that their company does not become a successful target."
To keep pace with the rising sophistication of cyber threats, FireEye, Inc. (NASDAQ:FEYEannounced adding new features to the FireEye Email Security - Server Edition.
The new capabilities include Multi-Vector Virtual Execution (MVX) engine, which can use image-set passwords in emails to analyze the related password-protected files — a feature which most sandbox detection are unable to analyze.
FireEye's MalwareGuard, which was launched recently, is also among the new additions to the FireEye Email Security - Server Edition.
The key intent behind the new upgrades is the growing incidences of executive impersonation attacks, which do not contain any malware but significantly jeopardize business emails. This is becoming a concern because people tend to access and respond to such emails because they look official and legitimate.
Online security may be paramount but there is also the need for real world security coupling such as with Patriot One Technologies Inc. (TSX-V:PAT) (OTC:PTOTF), developer of the award-winning PATSCAN™ covert radar weapons detection system, who recently closed its acquisition of EhEye Inc., which is now a wholly-owned subsidiary of Patriot One and its video recognition software rebranded as PATSCAN VRS.
This unique system automates the detection of weapons, disturbances and suspicious behaviors through existing camera infrastructure. Using computer vision techniques coupled with machine learning for artifact recognition, the solution employs deep learning architecture to alert security teams to anomalies that a standard video system cannot identify.
Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, also announced a recent acquisition, ForceNock Security Ltd.
ForceNock developed a Web Application and API Protection technology which utilizes machine learning, behavioral and reputation-based security engines which Check Point plans to integrate into its Infinity total protection architecture.
Andrew Douthwaite, delved more into these simple solutions and other major 2018 breaches in a recent article published on LinkedIn.com here, with his conclusion being simple and obvious.
"You should have a robust cybersecurity strategy and preventative operating procedures in place, be constantly monitoring all of your network - looking for incidents such as unauthorized access, and make sure that your employees receive comprehensive and up to date cybersecurity training."
For investors following security and defense stocks,, Investor Ideas has created a stock directory of Security and Defense stocks, Biometrics stocks, Homeland security stocks, Biodefense stocks, Cybersecurity stocks.
About Investorideas.com
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
Follow us on Twitter https://twitter.com/Investorideas
Disclosure: Investorideas. 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: https://www.investorideas.com/About/Disclaimer.aspDisclosure: this news article featuring VirtualArmour is a paid for news release on Investorideas.com - third party , Learn more about costs and our services https://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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Thursday, December 20, 2018

Investorideas.com - #Security Stock News: Patriot One (TSX.V: $PAT.V) (OTCQX: $PTOTF) @patriot1tech Provides Corporate Update

Investorideas.com - #Security Stock News: Patriot One (TSX.V: $PAT.V) (OTCQX: $PTOTF) @patriot1tech Provides Corporate Update



#Security Stock News: Patriot One (TSX.V: $PAT.V) (OTCQX: $PTOTF) @patriot1tech Provides Corporate Update

Company moves to paid trials with global reseller network for schools and universities, resorts, casinos, retail and government facilities

Patriot One's (TSX.V: $PAT.V) (OTCQB: $PTOTF) on Investorideas.com


TORONTO - December 20, 2018 (Investorideas.com Newswire) Defense stock news alert - Patriot One Technologies Inc., (TSX.V: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL) ("Patriot One" or the "Company"), developer of the award-winning PATSCAN™ covert weapon detection system, is pleased to advise that Q4 2018 saw significant advancements in the PATSCAN CMR and VRS threat detection solutions development, including moving to rollouts of paid trials with its global security integrator/reseller network which represents a potential client-base of thousands of schools and universities, resorts, casinos, retail and government facilities.
“Two weeks ago, I was pleased to announce our first paid trial programs with several partners including Florida-based Smart CT Solutions, and the Government of Canada’s Department of National Defence as part of the federal ‘Build in Canada Innovation Program’,” said Martin Cronin, CEO and President of Patriot One Technologies. “Today, I am excited to inform that we will now begin shipping PATSCAN products to several other global security integrators to support paid product trials in their respective markets.”
Global Paid Trials Begin Q4, 2018:
At the request of our security integrators, the Company has embraced a “paid trial” model enabling Patriot One to scale efficiently and cost-effectively through its reseller network. This effort meets Phase 4 of its previously described Lab-to-Market strategy.
Paid trials aim to ultimately transition into commercial deployment, effectively launching product rollout. The Company will finalize policies, procedures, terms and PATSCAN installation training with its resellers in preparation for ongoing commercial activity in Q2, 2019.
No other company has ever mass-deployed these types of integrated threat detection technologies before. Therefore, advancement into full-scale mass production is, by necessity, constrained until completion and review of the technical trial results.
Three (3) Business Goals Achieved
  • revenues as planned commencing Q4 2018 
  • successful deployments of PATSCAN products with key security system integrators and their clients during Q4 2018, and
  • advanced live tests and trials of PATSCAN solutions with a broad end-user base, targeting transition from paid trials to commercial deployments.
Related Quarterly Announcements
Additional Funding Closed:  Mid-November brought the close of a   $46M CAD bought deal from Canaccord Genuity and GMP. The proceeds will help drive evaluation and assembly of an extended PATSCAN product lineup of covert solutions.
EhEye Acquisition:  Completed the strategic acquisition of EhEye, Inc. video analytics and object recognition technology. Re-branded as PATSCAN VRS, this innovative threat detection solution has begun paid trial deployment with Patriot One’s reseller network.
University of North Dakota: As implementation of the University Of North Dakota’s Centre of Excellence in Threat Detection accelerates forward, UND has invested USD$100,000 for trial deployment of PATSCAN systems in four separate facilities across campus.
Innovation Programs: Through Cisco Systems Innovation Program, Patriot One joined Cisco’s sales team in presenting PATSCAN solutions to key clients. The Company launched PATSCAN showcases within Cisco’s Toronto-based and IBM’s Montreal-based Innovation Centre’s.
Public Policy efforts:  Ongoing representation in Washington DC to advise and inform key decision makers regarding product rollout. Met with members of Congress, the Department of Homeland Security, Secret Service and Pentagon officials. Company executives also met with the ACLU to discuss PATSCAN deployment in a civil liberties and privacy context.
Defence Contractor Partnership: Our partner, a major international defence contractor, is anticipating government approval in the coming weeks, at which time a detailed announcement will be made.
Media & Public Relations Coverage:  Mainstream media includes ABC, CBS and NBC featured coverage of PATSCAN demonstrations at the Company’s Las Vegas Development Centre.  The Company further earned media coverage with key European and UK publications including INTERSEC-Journal of International Security, Defence Online, Defence Contracts Magazine and MOD Defence Contracts Bulletin.
We look forward to a great year ahead working to build safer communities and to deliver shareholder value. We thank our many partners and supporters for their continued confidence.
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 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 systems can be installed at key access points to covertly identify weapons and to alert security for the intervention of active threat events before they commence. Owner/operators of private and 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
Investor Relations
John Martin
+1 (888) 728-1332
Media Contacts:
Scott Ledingham, PR Media Now
+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 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.
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