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PAT Patterson Metals Corp

0.56
-0.09 (-13.85%)
23 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Patterson Metals Corp TSXV:PAT TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.09 -13.85% 0.56 0.53 0.85 0.68 0.56 0.56 11,754 21:12:00

Patriot One Finalizes International Threat Detection Testing Plans with University of North Dakota

28/06/2018 1:00pm

GlobeNewswire Inc.


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Patriot One Technologies Inc. (TSX-V:PAT) (OTCQX:PTOTF) (FRANKFURT:0PL) (“Patriot One” or the “Company”), makers of the award-winning PATSCAN CMR™ (Cognitive Microwave Radar) concealed weapons detection system, is pleased to announce plans to develop international Threat Detection Testing at University of North Dakota (UND) main campus in Grand Forks. 

Patriot One Kelowna Team meets with UND Chief Plummer (2nd from left)

The initiative was led by Patriot One and UND campus Chief of Police, Eric Plummer.  Chief Plummer traveled to Kelowna, B.C. to tour Patriot One’s new development and testing center, as well as to finalize implementation plans for the UND Threat Detection Testing.

The University of North Dakota is a public research campus that offers 224 fields of study; including: aviation and aerospace at the John D. Odegard School of Aerospace Sciences. The university also has several national research institutions, such as the Energy and Environmental Research Center, National Center for Hydrogen Technology, and North Dakota’s only medical school and law school.  All of which have the highest level of security needs.

From a safety and security standpoint, UND’s Department of Public Safety, led by Chief Plummer, provides nationally recognized Safety and Emergency Planning, Campus Public Safety Training, and Safe Colleges planning and implementation programs for colleges and university campuses across North America.  This makes UND ideal for this international Threat Detection Testing, since the campus offers a variety of facilities to test and train Patriot One’s PATSCAN CMR concealed weapon detection solution and its integration with other security technologies, such as access control, CCTV video, alarm systems and perimeter warning systems.  

“It’s exciting to have UND and Chief Eric Plummer on board for this international Threat Detection Testing within a major U.S. university setting,” expressed Martin Cronin, CEO & president of Patriot One.  “The ability to bring a variety of facilities in one location to test our PATSCAN CMR, along with other security technologies from around the globe, will speed our progress through Stage 3-Live Real-World Environment Testing and lead us to Stage 4-Commercial Deployment.”

The UND campus is literally a small municipality with its University Village as the social hub centered around the $100 million Ralph Engelstad Arena.  The university has numerous educational research and training facilities, an extensive array of student housing, student union and management offices, restaurants, a hospital, a police station, several maintenance facilities, and an active airport.  And like any small city, the campus has a number of sports venues and event centers, that attract a growing student body and residents from the region.

“The University, as well as our public safety department, are thrilled to be part of a program that could help global communities achieve realistic threat detection solutions aimed at mitigating tragedies like the one we’ve all seen this past year,” shared Chief Plummer. “In addition to our diverse facilities, the University is ideally located geographically for this international Threat Detection Testing, as it is easily accessible for Canadian and American businesses and their technologies alike.”

UND and Patriot One will begin building the UND Threat Detection Testing this summer and will rollout test locations around the campus for the PATSCAN CMR solution alongside a number of related security technologies.

On Behalf of the Board,

“Martin Cronin”

Martin Cronin, President, CEO & Director  

About Patriot One Technologies, Inc. (TSX-V:PAT) (OTCQX:PTOTF) (FRA:0PL): Patriot One has developed PATSCAN CMR™ the next generation of its award-winning radar device and software solution. PATSCAN CMR is a first-of-its-kind Cognitive Microwave Radar concealed weapons detection system, designed as an effective tool to combat active shooter threats before they occur. Built for cost-effective deployment in weapon-restricted buildings and facilities, the Patriot One software solution and related hardware can be installed in key access points to covertly identify weapons and to alert security of an active threat. Owner/operators of private and certain public facilities can now prominently post anti-weapons policies with compliance assured. The Company’s motto Deter, Detect and Defend is based on the belief that widespread use of its technology will act as an effective deterrent, thereby diminishing the epidemic phenomena of active shooters across the globe. For more information, visit: www.patriot1tech.com. Patriot One Technologies are proud winners of the 2017 Anti-Terrorism / Force Protection category of the Security Industry Association’s New Product Showcase at ISC West. 

For further information, please contact: Patriot One Inquiriesinfo@patriot1tech.com

John Martin, Investor Relations +1 (888) 728-1332johnm@patriot1tech.com  www.patriot1tech.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 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 the failure to satisfy the conditions of the relevant securities exchange(s) 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 as expressly required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/338c66ec-9183-41c9-a4db-9a1a722e365e

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