Patriot One Technologies (TSX: PAT) (OTCQX: PTOTF) (FRA: 0PL) (“Patriot One” or the “Company”) today announced it was chosen to secure entrances to Total Mortgage Arena in Bridgeport, Conn. with its SmartGateway solution, as part of the ongoing partnership between Patriot One and Oak View Group (OVG).

Patriot One’s SmartGateway patron screening solution will be deployed at all entrances to the 10,000-seat Total Mortgage Arena, operated by OVG360. It is home to the New York Islanders’ AHL team, the Bridgeport Islanders. As a multi-purpose arena, in addition to sporting events, it also hosts musical acts and touring shows – all of which bring vastly different crowds with different security requirements.

“Patriot One was recommended to us by OVG’s security specialists, Prevent Advisors, as a solution for patron safety by keeping weapons out of Total Mortgage Arena without inconveniencing people,” said Joe Dolan, General Manager of Total Mortgage Arena. “The partnership between Patriot One and Oak View Group made the deal seamless – SmartGateway was already validated as a best-in-class technology solution, and we were able to observe the solution in action at other venues. Additionally, the solution is flexible enough to be the perfect fit for all the different events we host at the arena – from family shows to world-class musicians.”

The SmartGateway security screening solution allows for a free flow of patrons into the venue without requiring them to stop and remove personal items upon entry. The artificial intelligence (AI) sensors in SmartGateway scan for guns, knives and other weapons as people pass through the pillars, and only alert security guards if prohibited items are detected. This allows people to enter the arena more quickly and it requires fewer guards to run the equipment when compared to traditional security solutions.

“Our partnership with Oak View Group made this a very simple deal to sign, and an easier process for all involved,” said Peter Evans, CEO of Patriot One. “We’re looking forward to providing our fast, frictionless solution to more arenas within Oak View Group – as well as casinos, schools, factories and other places where people gather.”

OVG360, a division of Oak View Group, is a full-service venue management and hospitality company that helps client-partners reimagine the sports, live entertainment, and convention industries. With a portfolio of more than 200 client partners spanning arenas, stadiums, convention centers, performing arts centers and more around the globe, OVG360 provides a set of services, resources and expertise designed to elevate every aspect of business that matters to venue operators.

For more on SmartGateway and Patriot One’s other solutions, please visit: https://patriot1tech.com/patscan/products/.

About Patriot One Technologies Patriot One Technologies makes unobtrusive, artificial intelligence AI-driven weapons and threat detection systems that enable arenas, casinos, schools, theaters and other businesses to provide unprecedented safety while also improving the patron experience. The Company’s Multi-Sensor Gateway enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic, and its AI-based Video Recognition System enables venue and building operators to identify weapons and other threats inside and outside of facilities, while also providing valuable intelligence for optimizing operations via their AI-powered platform. Follow us on Twitter @patriot1tech.

For further information, please contact:

Patriot One Technologies Inquiries

info@patriot1tech.comwww.patriot1tech.com

Media ContactCaroline MetellPatriotOne@threeringsinc.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 within the meaning of applicable securities laws 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 or the negative of these words or other comparable terminology. 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. 

No securities exchange or commission has reviewed or accepts responsibility for the adequacy or accuracy of this release.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1aa20075-ab81-4fb0-b11c-577e3108bb44

Patriot One Technologies (TSX:PAT)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Patriot One Technologies Charts.
Patriot One Technologies (TSX:PAT)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Patriot One Technologies Charts.