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Xtract One Technologies Inc. T.XTRA

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

Xtract One Technologies Inc. is a Canada-based technology-driven threat detection and security solution provider, leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company's segments include Platform and Xtract. The Platform segment develops and commercializes a platform of AI-powered threat detection technologies. The Xtract segment develops and commercializes advanced artificial intelligence solutions for customers. Its products include SafeGateway, SmartGateway and Xtract One View. Its Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive intelligence for optimizing operations. Xtract One View, the Company's cloud-based platform, provides oversight of its customers entire fleet of Xtract One SmartGateways from one interface.


TSX:XTRA - Post by User

Post by beastcoastOGon Aug 14, 2020 5:31pm
218 Views
Post# 31410824

Killinit - Let's take a simple look at this.

Killinit - Let's take a simple look at this.

TORONTO, ON--(Marketwired - Oct 2, 2017) -  Patriot One Technologies Inc. (TSX VENTUREPAT) (OTCQBPTOTF) (FRANKFURT0PL) ("Patriot One" or the "Company"), is extremely pleased to announce that its award-winning PATSCAN CMR™ (Cognitive Microwave Radar) concealed weapons detection system has achieved Federal Communications Commission (FCC) Declaration of Conformity certification, a copy of which can be found here: https://fccid.io/2ALZTCMR

"This is a momentous occasion for us," states Patriot One Technologies CTO Dinesh Kandanchatha. "We now hold both FCC and Industry Canada (IC) certification allowing us to move into commercial roll-out across North America, with other countries soon to follow. The next stage of this exciting journey now begins with select deployments with key early adopters. Our system, which relies on machine learning algorithms, has graduated from the lab and is about to enter the arena of commercial distribution. Our strategy involves deployment through the remainder of the year to meet our backlog of commitments, and to immerse our engineering teams into an in-depth analysis of real-world threat scenarios in order to ensure that Patriot One offers the leading world-class solution for global threat detection. 

"This is an important milestone for the Patriot One team for which they should be proud," said Governor Tom Ridge, first U.S. Secretary of Homeland Security and a member of the Patriot One Advisory Board. "I very much look forward to seeing the rollout of this game-changing technology across the United States and to supporting their efforts to improve public safety."

"We have used the waiting period for regulatory approval to assemble a team capable of meeting the go-to market challenges ahead." Kandanchatha continues, "I anticipate a phased rollout, and like any new technology we will advance carefully and deliberately, recognizing progress will come quickly as we learn from each installation. We have worked hard to ensure that our system would pass this rigorous hurdle and to have achieved it in less than a year is a testament to our team of dedicated engineers, researchers and support staff who have put in the huge effort to achieve today's news."

PATSCAN CMR sales efforts currently focus on markets encompassing houses of worship, academic institutions, event centres, casinos, commercial offices, hotel properties, government agencies and other locations at high risk of terrorist attack or random violence. Interest and orders have been received from around the globe and today's announcement will trigger a number of sales, marketing and support initiatives in major markets including the United Kingdom, Eurozone and Asia-Pacific regions.

"This is wonderful news for our company, our stakeholders and shareholders alike." states Company CEO Martin Cronin. "We well understand that there are hurdles with any new technology, especially when it is revolutionary. We are also very clear regarding the role that the investment community has played in getting us to where we are today, and we will redouble our commitment as we move ahead to build shareholder value and to earn capital market support. Today we celebrate meeting a significant building block in our strategy for public safety through threat detection and our ongoing mission to make the world a safer place." 

ON BEHALF OF THE BOARD

"Martin Cronin"
 CEO & Director

WHY would the Lawyer of PAT ever request a waiver at all if all of the above were true? According to this press release Pat could sell to private business from the start.  

If as you say the "D through Wall Imager" designation didn't matter Killinit then why this from the lawyer ? 
 

Because Patriot One’s weapons detection device will ultimately be certified as a “through D-wall imaging system” pursuant to Section 15.510 of the Commission’s rules, its operation would be restricted to law enforcement, emergency rescue organizations that are under the authority of a local or state government. Unfortunately most facilities in need of threat detection are privately owned and employ private security forces, which, pursuant to Section 15.510(b) of the Commission’s rules, cannot operate.


NOTE she calls it "Patriot One's" Weapon Detection Device 

NOTE she states will utimately be certified as a "Through D wall imaging system" 

NOTE she states under current commission rules Patriot One can't operate 

Look at the current FCC and what does it state they have had since 2017 

"This device is authorized for use as Through D-Wall Imaging System" 

No ultimate about it they had a D wall imager designation in 2017 and called it something else. 

Killinit : Its in Black & White. They lied to shareholders about a certification and they lied about an addressable market.

Like i've stated in their stupidity to cover their lies they made their own lawyers letter to the FCC a smoking gun. 

Its called FRAUD !

 


 

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