Patriot One Rings Toronto Stock Exchange’s Opening Bell
June 11 2019 - 7:00AM
Patriot One Technologies Inc. (TSX: PAT) (OTCQX:
PTOTF) (FRANKFURT: 0PL) (“Patriot One Technologies” or the
“Company”), developer of the PATSCAN™ multi-sensor covert threat
detection platform, participated in the ringing of the opening bell
for Canada’s TSX exchange in celebration of the Company’s uplisting
from the TSX venture board on Tuesday, April 9, 2019.
“We’re very excited to participate in the
opening of Canada’s TSX exchange today,” shared Scott Shepherd,
Patriot One’s Chairman of the Board. “It’s a tribute to our
hard-working staff, along with the support of our investors,
clients and partners, who have made this day possible.”
Patriot One Technologies listed on the TSX Venture exchange back
on November 14, 2016. Over the past two and a half years, the
company has secured four (4) rounds of funding for a total raise of
approximately $87 million CAD. In addition, Patriot One has
secured non-dilutive $3M CAD support from Raytheon
Canada and in-kind support from partners like
Cisco’s Innovation Program and Start-up
IBM Program. All of these events and programs
have helped the Company advance its efforts in the development of
its PATSCAN CMR covert weapon detection solution, as well as adding
two (2) additional solutions to its portfolio of products - PATSCAN
VRS video threat detection and PATSCAN STS multi-chemical threat
detection.
“Creating a layered, multi-sensor covert threat detection
platform that can be deployed from parking lot to inside buildings
has helped create value not only for our resellers and their end
user clients, but for our shareholders and staff,” explained Martin
Cronin, Patriot One’s CEO. “Personally, I am thankful
for the support I receive every day from our board, my colleagues
and staff, our partners and clients, and our valued
shareholders. They all have helped us to achieve this success
and there will be many more successes to come, as we begin rolling
our PATSCAN solutions out in to the marketplace.”
Post the TSX bell ringing ceremony, Martin Cronin will be
delivering the final presentation at the Annual TSX Technology
Investor Day Conference at 10:45am EDT at the TMX Broadcast Center.
He’ll share insights on today’s public security space and the need
for a covert multi-sensor approach to threat detection for creating
safer environments without a fortress like feel.
On Behalf of the Board of Directors of Patriot
One Technologies,
“Scott
Shepherd” |
|
“Martin
Cronin” |
|
|
|
Scott ShepherdChairman |
|
Martin CroninCEO |
About Patriot One Technologies, Inc.
(TSX:PAT) (OTCQX: PTOTF) (FRA: 0PL): Patriot One
Technologies’ 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+1
(888) 728-1332johnm@patriot1tech.com
Media Contacts:Scott Ledingham,
PR Media Now+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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