Patriot One Appoints Chartered Professional Accountant Lea M. Ray to its Board of Directors
February 10 2020 - 7:00AM
Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF)
(FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of the
PATSCAN™ Multi-Sensor Covert Threat Detection Platform, is
pleased to announce the appointment of Lea M. Ray to its
Board of Directors.
Lea M. Ray is a Chartered Professional
Accountant ("CPA") and brings with her a great deal of corporate
leadership and financial management experience. She is a both a CPA
and ICD.D certified director and she will Chair the Company's Audit
Committee. Lea is a seasoned board member who serves on multiple
boards for public, private and not-for-profit organizations in
leadership roles, including chair of audit committees for several
TSX listed companies. Her knowledge of board governance, regulatory
affairs and capital markets makes her an ideal candidate for the
Audit Committee Chair position. Lea’s financial experience with
global corporations began with PricewaterhouseCoopers and she is a
former Vice-President Corporate Finance of Warner Bros.
Entertainment Canada Inc. Her education includes a Bachelor of
Commerce from Odette School of Business, University of Windsor,
Ontario, Canada. In her free time, Lea is a member of the Ontario
Beekeepers’ Association and a volunteer for several other
conservation/environmental groups.
“We are excited to add Lea to our Board of Directors and to
Chair our Audit Committee,” expressed Peter van der Gracht,
Chairman of the Board of Patriot One. “Lea’s
extensive strategic and business judgement, gained
particularly through her previous board chair and committee chair
roles on TSX-listed companies, makes her an ideal fit for this
deployment and growth phase of Patriot One. In addition to
the Audit Committee, Lea will become a member of the Board’s
Governance Committee, and will help ensure the Company stays
compliant with regulatory, capital and accounting
practices.”
“I am honored to be joining the board of such an
impressive, innovative and forward-thinking company” explained Lea
Ray. “Being part of a team creating the solutions to address and
pre-emptively stop terrorist and active assailant tragedies the
world has suffered from these past few decades is very
humbling. I look forward to working with such a distinguished
and passionate board, leadership team and staff in making Patriot
One’s global vision of building safer communities a reality.”
Lea Ray began her duties as a Director on
Patriot One’s Board last Friday, February 7, 2020.
On Behalf of the Board,
“Peter van der Gracht”
Peter van der GrachtChairman of the
Board
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
Inquiriesinfo@patriot1tech.comwww.patriot1tech.com
Investor RelationsJohn Martin,
Patriot One
Technologies
+1 (888)
728-1332
johnm@patriot1tech.com
Media Contacts:Scott Ledingham, Patriot One
Technologies
+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, board composition,
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 regulators. 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.
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