Patriot One Hires New Chief Operating Officer & President Dietmar Wennemer
April 13 2020 - 7:00AM
Patriot One Technologies Inc. (TSX: PAT)
(OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”),
is pleased to announce it has hired technology industry veteran
Dietmar Wennemer as the Company’s new Chief
Operating Officer (COO) and President. Mr. Wennemer will
begin his role on Monday the 13th of April 2020 at the Company’s
Toronto Headquarters, and be responsible for leading the product
development and operations efforts. Mr. Wennemer will report
to the Company’s CEO Martin Cronin, who will focus his efforts in
corporate and business development, as well as investor and
external communications.
“As we expand the commercialization of our
PATSCAN Multi-Sensor Covert Threat Detection Platform in 2020,
hiring a tech industry veteran like Dietmar as our Chief Operating
Officer and President made perfect sense,” shared Martin Cronin,
CEO of Patriot One. “Our product development and operation
teams have done an outstanding job over the past three years in
getting our product to market; by adding an experienced Chief
Operating Officer and President will help bring greater focus to
internal operations and customer delivery.”
Dietmar Wennemer comes to Patriot One from a
long successful career in technology, communications and security.
Prior to joining the Company, he held the role of Chief Product
Officer for Aeryon Labs Inc. and Center ID. Aeryon Labs is part of
FLIR Systems, Inc. (NASDAQ: FLIR) and is a leading developer of
high-performance unmanned aerial systems (UAS) for the global
military, public safety, and critical infrastructure markets. At
Center ID, Mr. Wennemer lead product development of CenterCard™- a
Visa® Business Debit Cards connected to Center™ SpendOps software
that streamlines the expense management in small and medium sized
businesses. Prior to these roles, he led product development
efforts with BlackBerry/Research In Motion and Siemens.
As Chief Operating Officer and President, Mr.
Wennemer will take on the day-to-day product development and
operations of Patriot One. He will work with the Company’s
management team on the PATSCAN Platform development of existing and
new threat detection solutions including thermal video, as well as
deployment, operations, production, and human resources. As CEO,
Martin Cronin will remain engaged with his executive team who run
corporate and business development, capital markets and investor
relations, marketing and communications, and public policy. Both
CEO and COO will participate in all Board-level meetings.
“I am very excited to join Patriot One and
develop technology that helps to stop violence before bad things
happen,” expressed Dietmar Wennemer, Patriot One’s new COO and
President. “I have been watching the Company over the past years as
it introduced its covert threat detection technology and have been
impressed by the Board and Management team’s ability to expand its
product offering into a smart multi-sensor platform with advanced
AI capabilities to improve commercial and public safety. I
look forward to working with this highly talented team and its key
partners as we bring new innovative solutions to market.”
Respectfully,
“Martin Cronin”
Martin Cronin, CEO
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, 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.
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https://www.globenewswire.com/NewsRoom/AttachmentNg/64d8a1be-9a28-49c9-9322-acd80552883c
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