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Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s):  T.XTRA.WT | XTRAF

Xtract One Technologies Inc. is a technology-driven threat detection and security solution company leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company is engaged in the development and commercialization of an integrated, layered, AI-powered threat detection gateway solution. It operates in two segments: Platform and Xtract segment. The Platform segment develops and commercializes an AI-powered threat detection gateway solution. The Xtract segment develops AI solutions for customers. Xtract One’s Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based Video Recognition Software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive valuable intelligence for optimizing operations. It serves various industries, including arenas and stadiums, ticket venues and attractions, and casinos.


TSX:XTRA - Post by User

Post by PliskinNYCon Jun 11, 2019 8:46am
128 Views
Post# 29814590

NR today, Patriot one rings the opening bell TSX

NR today, Patriot one rings the opening bell TSX

Patriot One Rings Toronto Stock Exchange’s Opening Bell 
 

TORONTO, ON – June 11, 2019 –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 EST 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 Shepherd Martin Cronin
Chairman CEO


this is great exposure...good move


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