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PAT Patriot One Technologies Inc

0.59
0.00 (0.00%)
19 Dec 2024 - Closed
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 00:00:00

Patriot One Technologies Selected by SAP Center at San Jose to Provide Secure, Optimal Fan Experience

12/09/2022 12:55pm

GlobeNewswire Inc.


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Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”) today announced that SAP Center at San Jose, home of the NHL’s San Jose Sharks, has signed an agreement to deploy the Company’s SmartGateway patron screening solution and artificial intelligence (AI)-powered Platform to secure all entrances to the nearly 18,000-seat facility for all non-NHL events. In addition, Patriot One’s solutions will be deployed to protect all entrances at Tech CU Arena, the new 4,200-seat home of the San Jose Barracuda at Sharks Ice at San Jose.

Patriot One’s Gateway will be utilized at SAP Center for all non-NHL events including home games for the Bay Area Panthers of the Indoor Football League (IFL), and also at Tech CU Arena during home games for the San Jose Barracuda (American Hockey League). The brand-new Tech CU Arena is part of a nearly 200,000 square foot expansion of Sharks Ice at San Jose that makes the facility the largest in North America.

“It was important for us to find a security screening solution that was flexible enough to meet the varied configurations for our different events, while protecting our fans and staff and enabling a safe, but convenient guest experience,” said Mike McCarroll, Vice President of Guest Experience at SAP Center. “We want to make sure SAP Center and Tech CU Arena’s security technology is the best on the market and meets the highest industry standards, while allowing us to enhance the guest experience.”

Patriot One will provide both locations with a fast, frictionless and highly-secured entry experience with its AI-powered SmartGateway solution for events at the venue. As home to multiple teams, it is essential that SAP Center’s screening solution is flexible and gets patrons through security lines quickly and efficiently, while accurately detecting any hidden prohibited items such as guns and knives.

“Partnering with forward-thinking organizations like Sharks Sports & Entertainment makes complete sense – they require next-gen technology to secure their state-of-the-art facilities, which is exactly what Patriot One can provide, along with customization to fit their unique security standards and requirements,” said Peter Evans, CEO of Patriot One. “These organizations have a compelling vision of digital innovation, not only for today, but in the future, to enhance and enrich the live entertainment experience for their customers. Working together with them, and the leadership at the NHL throughout the year to define a best-in-class experience, has opened new opportunities for Patriot One. Most importantly, our solution uniquely meets, and has been certified to meet, the DOJ NIJ standard for large and medium weapons, and therefore also the NHL's requirements for prohibited items.”

Patriot One’s Gateway solution uses AI sensors to unobtrusively detect knives, guns and other prohibited items on patrons as they enter a facility, without them having to divest of personal items. It can accurately distinguish between a weapon and an innocuous item like a smartphone, and then alert security personnel for a secondary screening, if needed. SmartGateway was purpose-built for stadiums and other high throughput venues for a modern, fast and safe security screening option.

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

About Patriot One TechnologiesPatriot 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 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 Inquiriesinfo@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 graphic accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c96ec3f0-95c3-444f-b3c0-fdc2ae64a802

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