Xtract One Technologies Awarded U.S. Department of Homeland Security SAFETY Act Designation for Multi-Sensor Gateway Portfolio
April 29 2024 - 6:00AM
Xtract One Technologies (TSX: XTRA) (OTCQX: XTRAF) (FRA: 0PL)
(“Xtract One” or the “Company”), a leading technology-driven threat
detection and security solution that prioritizes the patron access
experience by leveraging AI, today announced that the Company’s
Multi-Sensor-Gateway portfolio, including the SmartGateway and
SafeGateway, has been awarded the U.S. Department of Homeland
Security (DHS) SAFETY Act Designation as a Qualified Anti-Terrorism
Technology (QATT). This award recognizes the Xtract One portfolio
for its efficacy in safeguarding public spaces against advanced
modern threats and enables Xtract One to bring its innovative
security solutions to a larger scale.
With this Designation, Xtract One solidifies its
standing as a trusted partner for major professional sports leagues
and venues across the country; this designation is a mandatory
requirement for vendor selection by several organizations including
the National Hockey League (NHL) and the Major League Baseball
(MLB). Xtract One’s innovative technology not only meets the
requirements for safe venue entry, but also addresses the changing
security landscape, enabling advanced, unobtrusive throughput for
all patrons.
Technologies achieving this award undergo and
pass rigorous evaluation to meet or exceed DHS performance
standards, including the examination of test results for weapons
detection, operational use and effectiveness, manufacturing and
quality assurance practices, and customer feedback. With this
designation, Xtract One is more effectively positioned as an
industry leader developing technology that advances with modern
times to ensure secure environments that deliver optimal patron
experiences.
“We’re very grateful to have received the DHS
SAFETY Act Designation, another milestone in our mission to bring
innovative, advanced weapons detection solutions to a global
scale,” said Peter Evans, CEO of Xtract One. “This not only
validates our technology and enhances trust in our SmartGateway
among existing customers, but it also enables us to expand our
client base across numerous new venues and organizations. We look
forward to continuing to deliver first-class, patron-forward
security for everyone walking through our SmartGateway.”
The Support Anti-Terrorism by Fostering
Effective Technologies Act (SAFETY Act), introduced by Congress in
2002 to incentivize the development of technologies to combat
terrorism post-9/11, ensures that manufacturers and sellers of
effective anti-terrorism technologies are not deterred by liability
threats from creating, commercializing, and deploying such
life-saving systems. “This SAFETY Act award is significant to
potential customers for multiple reasons,” said Akmal Ali, founder
and CEO of Aluma and former Deputy Director of the SAFETY Act
Office. “Not only does the Designation validate that the
SmartGateway is an effective anti-terrorism tool, but Xtract One
now provides flow-down liability protections to customers who use
their product, a key market differentiator.”
Xtract One's SmartGateway revolutionizes event
security by replacing intimidating, traditional metal detectors
with fast, reliable, and seamless screening solutions for large,
ticketed venues. Leveraging AI-powered sensors, SmartGateway
discreetly and accurately scans patrons for weapons and prohibited
items upon entry, without invading their sense of privacy and
comfort. Enabling entry times up to seven times faster than
previously possible, SmartGateway optimizes the patron experience
by creating safer spaces without compromising guests' comfort. This
advanced technology reduces time spent in security lines, allowing
for quick, safe entry to enjoy events while enhancing safety
measures.
To learn more, visit www.xtractone.com.
About Xtract OneXtract One
Technologies is a leading technology-driven threat detection and
security solution leveraging AI to provide seamless and secure
patron access control experiences. The Company makes unobtrusive
threat detection systems that enable venue building operators to
prioritize and deliver improved patron experiences while providing
unprecedented safety. Xtract One’s innovative Gateway product
enables companies to covertly screen for weapons at points of entry
without disrupting the flow of traffic. Its AI-based software
allows venue and building operators to identify weapons and other
threats inside and outside of facilities, and receive valuable
intelligence for optimizing operations. For more information, visit
www.xtractone.com or connect on Facebook, X, and LinkedIn.
Forward Looking StatementsThis
news release contains forward-looking statements within the meaning
of applicable securities laws. All statements that are not
historical facts, including without limitation, statements
regarding future estimates, plans, programs, forecasts,
projections, objectives, assumptions, expectations or beliefs of
future performance, are “forward-looking statements”.
Forward-looking statements can be identified by the use of words
such as “plans”, “expects” or “does not expect”, “is expected”,
“estimates”, “intends”, “anticipates” or “does not anticipate”, or
“believes”, or variations of such words and phrases or statements
that certain actions, events or results “may”, “could”, “would”,
“might” or “will” be taken, occur or be achieved. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause actual results,
events or developments to be materially different from any future
results, events or developments expressed or implied by such
forward looking statements. Such risks and uncertainties include,
but are not limited to, the risks detailed from time to time in the
continuous disclosure filings made by the Company with securities
regulations. These factors should be considered carefully, and
readers are cautioned not to place undue reliance on such
forward-looking statements. Although the Company has attempted to
identify important risk factors that could cause actual actions,
events or results to differ materially from those described in
forward-looking statements, there may be other risk factors that
cause actions, events or results to differ from those anticipated,
estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in forward-looking statements. The Company has no
obligation to update any forward-looking statement, even if new
information becomes available as a result of future events, new
information or for any other reason except as required by law.
For further information, please
contact:Xtract One Inquiries:
info@xtractone.com, http://www.xtractone.com
Media Contact: Kristen Aikey, JMG Public
Relations, 212-206-1645, kristen@jmgpr.comInvestor
Relations: Chris Witty, Darrow Associates, 646-438-9385,
cwitty@darrowir.com
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