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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

Comment by colimaon Mar 18, 2021 9:42am
155 Views
Post# 32824834

RE:RE:I own PAT & VSBY. Will PATs NR be as BIG ? I hope so!

RE:RE:I own PAT & VSBY. Will PATs NR be as BIG ? I hope so!

What is unique about the 911inform-VSBLTY solution is that the combined technology provides important information that schools do not currently have and are needed on a daily basis, according to VSBLTY Co-founder & CEO Jay Hutton. “We are integrating our Vector™ software into the 911inform platform that will be highly useful to schools even in non-emergency situations by improving efficiencies daily,” Hutton added. Vector is proprietary, state-of-the-art software driven by artificial intelligence and machine learning, he explained. The unique capabilities of the combined technology enable the counting of people or zones on school property, tracks students during a reunification event, can take attendance automatically, and can even provide an alert when a suspended or expelled student is on the school property. The security aspect of the application identifies weapons, persons of interest and license plates that should not be at the facility and immediately alerts first responders and on-site personnel.”

VSBLTY’s Executive Vice President, Chief Revenue Officer Fred Potok said that the firm’s Vector product is projected to be in 500 schools in New Jersey and other states this year, earning the company revenue estimated at $3.6 million.

911inform provides security solutions in the event of an emergency to schools, universities, medical facilities, office buildings, government facilities, sporting and entertainment venues and resorts. Since its launch in 2018, 911inform has handled the delivery of thousands of emergency notifications to police, public safety, first responders and on-site key personal and currently averages over three events per day nationally.   ( This is why I own both & believe both will be good investments).

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