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PAT Patriot One Technologies Inc

0.59
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Patriot One Technologies Inc TSX:PAT Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.59 0.54 0.60 0 01:00:00

Patriot One Technologies Selected by OVG360’s Angel Of The Winds Arena to Keep Out Weapons and Enhance Patron Experience

11/10/2022 12:30pm

GlobeNewswire Inc.


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Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRA: 0PL) (“Patriot One” or the “Company”) today announced its SmartGateway physical security solution was selected by OVG360’s Angel Of The Winds Arena in Everett, Washington.

The over 8,000-seat arena is home to the Everett Silvertips hockey team, as well as various entertainment events throughout the year such as concerts and shows. The SmartGateway will be deployed at entrances to keep patrons, staff, players and performers safe from weapons in the venue, without forcing them to stop and empty their pockets of personal items during security screenings. This “frictionless” artificial intelligence (AI)-driven weapons-scanning capability keeps attendees safe, while eliminating delays caused by traditional weapons-screening technology and operations.

“We will improve the security of our venue with Patriot One’s SmartGateway, while elevating the overall experience for fans and everyone involved in our events,” said Corey Margolis, OVG360 General Manager of Angel Of The Winds Arena. “We strive to give all our visitors a fast, convenient and modern entry experience, and that is being made possible with the SmartGateway. As we continue to refine our processes, the system and entry have become extremely fast, beyond our expectations and a true game changer for the venue.”

Not only will patrons and staff not need to wait in long security lines or remove personal items from their pockets with Patriot One’s SmartGateway, the solution also requires fewer security guards to operate. As a result, any extra security personnel can be redeployed to other parts of the arena for higher value tasks, such as responding to incidents.

“Arenas, stadiums and entertainment venues are looking for modern ways to elevate the patron experience, and security is a main part of that since it’s often the first thing attendees encounter when they arrive,” said Peter Evans, CEO of Patriot One. “Our SmartGateway solution provides guests with a positive entry experience, only stopping patrons that are carrying a knife, gun or other weapon – allowing the other 99% of people to walk right in without stopping. We are very pleased to continue building our business with Oak View Group, following our strategic partnership announcement last week.”

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. Oak View Group and Patriot One recently announced a new partnership to make SmartGateway available to all OVG properties.

For more on SmartGateway and Patriot One’s other AI-powered 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.com www.patriot1tech.com 

Media Contact Caroline Metell PatriotOne@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/24e5f8b1-26e2-4517-9a38-5c25a729dd14

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