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Bullboard - Stock Discussion Forum 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... see more

TSX:XTRA - Post Discussion

Xtract One Technologies Inc. > Patriot One News Release
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Post by Jahpatriot on Jul 22, 2021 9:24am

Patriot One News Release

TORONTO, July 22, 2021 (GLOBE NEWSWIRE) -- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) today announced it has released Alert Center, a remote-access solution that enables security alert orchestration and delivery via a mobile app. Alert Center extends the functionality and flexibility of Patriot Ones PATSCAN weapons- and threat-detection platform, providing a broad set of options for security operations teams to design security processes to match their business models. This enhancement to the PATSCAN portfolio enables easy alert configurations and automatically alerts anyone, anywhere individually or in targeted security groups about security incidents or issues within stadiums, casinos and other entertainment venues, so they can respond quickly and effectively. Patriot Ones PATSCAN platform uses sensors and artificial intelligence (AI) to scan for guns and other weapons accurately and unobtrusively at entry points to facilities, and also to identify disturbances and other safety issues both outside and inside of facilities using AI-based video surveillance. Alert Center operationalizes our AI detection technology by automatically alerting and informing guards on a mobile app when issues are detected, said Patriot One CEO Peter Evans. Alert Center provides flexibility for security organizations to design alerting functions that optimize security staffing and response time. It also extends beyond alerting solely at the venue entrance, allowing sharing of critical information and intelligence across key security staff and stakeholders, wherever they are. Evans added that the flexibility of Alert Center also provides the option to eliminate the need for guards to perform video monitoring and other back-office functions so they can get out from behind the desk and instead perform higher-value activities out in the venue. Patriot Ones AI automates those back-office functions by conducting continuous monitoring, and automatically identifying and escalating situations to the right personnel. When guards receive an alert, the mobile app indicates the reason for the alert (Fight, Weapon Detected, Gun Detected, Threat Detected, etc.) along with an image confirming the issue. They also have the option to view real-time video that gives them up-to-the-moment situational intelligence. This functionality also can be applied to operational considerations that impact the patron experience, such as identifying long lines at concession stands, spills in hallways, etc. In a time of chronic security staff shortages, Alert Center digitally empowers security staff members so they can be in the right place at the right time at all times, Evans added. This means venues can meet todays business mandate to deliver better security and a superior patron experience, without having to hire armies of additional people. For more on the PATSCAN Alert Center, please visit: PATSCAN PLATFORM - Patriot One Technologies Inc. (patriot1tech.com). To download the App, visit the Android or iOS App store. About Patriot One Technologies Patriot 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 companys Multi-Sensor Gateway enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic, and its AI-based video-recognition software (VRS) enables venue and building operators to identify weapons and other threats inside and outside of facilities, while also providing valuable intelligence for optimizing operations. Follow us on Twitter @patriot1tech. For further information, please contact: Patriot One Technologies Inquiries info@patriot1tech.com www.patriot1tech.com Media Contact Caroline Metell PatriotOne@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 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. 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. Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release. 2021 GlobeNewswire, Inc. All Rights Reserved. Read More.. The news, reports, views and opinions of authors (or source) expressed are their own and do not necessarily represent the views of CRWE World. Air Canada Ready to Reconnect Canada and U.S. Travel With Up to 220 Daily Flights Between the Two Countries /assets/img/cw-stocks.png /assets/img/wysh-jewels.png /assets/img/hjli.png /assets/img/Mars-Parachute-2.png /assets/img/crweworld-podcast.jpg SPONSORED ALSO READ CurrencyWorks Prepares New NFT Releases for Motoclub American River Bankshares Reports Second Quarter 2021 Results GenTech Holdings, Inc. 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Comment by TedOrlow on Jul 22, 2021 11:04am
This post has been removed in accordance with Community Policy
Comment by Jahpatriot on Jul 22, 2021 11:32am
Ted: Yes, we already knew this but the details of the capability of the app was unknown. Based on the feedback from JP, this news, their advance AI application it will be only a matter of time before Pat widens the gap from the competitors. MSG 2.0 will certainly destroys the competition. No worry yuself rudebwoy, time will fix this temporary sp issue.
Comment by TedOrlow on Jul 22, 2021 11:52am
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Comment by Nightstocker on Jul 22, 2021 11:56am
I am really looking forward to a big upswing in SP; not just for my own personal gratification, but also in the hope it will make Orlow cease his incessant whining. Pat has worked a bit of magic at ISC, and with Evolv stepping all over their dikks, Peter has been handed a glorious opportunity. These are the times when a good CEO proves their mettle. Evans needs to bury this huge rebound in the ...more  
Comment by pliskenNYC on Jul 22, 2021 12:11pm
Yeah Ted is a bit of a drag, i mean hag, i mean nag.. sorry Ted but come down...dag.
Comment by TedOrlow on Jul 23, 2021 7:01am
This post has been removed in accordance with Community Policy
Comment by Rick311 on Jul 23, 2021 9:25am
I get the frustration but what are they supposed to do, issue a news realase on evolv or maybe hire an online troll like Kevin that defames the company? Evans already said that he checked out the competion and it´s trash. Imagine a ceo/coo going online talking trash about the competion, that´s bush league. That tells me you have absolutely no confidence in your own product, it´s ...more  
Comment by pliskenNYC on Jul 23, 2021 9:33am
We share your frustration, which is all the more reason to celebrate the positives when they happen. dude we just found out the actual fact this past week bro, we never actually knew what was going on with the product or if it was even competitive. we just found out that yes, Peter operates in the dark, but he wasn't lying, the product is actually the best, all the delays were actually for a ...more  
Comment by TedOrlow on Jul 23, 2021 10:11am
This post has been removed in accordance with Community Policy
Comment by pliskenNYC on Jul 23, 2021 10:18am
Like I said it shocks me to say it but, the guy made an exceptional product, he should never have been CEO, but for what he did do right, he gave us the product we have now, can you dispute that fact? Real Men look for the facts and respect where they lead.
Comment by Nightstocker on Jul 23, 2021 12:46pm
Where's Pliskin, and what have you done with him? Kidding.  I think Cronin made himself fair game for criticism for how he managed the company and led on investors about timelines. But I agree the product and the tech behind it are solid, and now it has been proven (to the detriment of Evolv, who gotta have a bit of an inferiority complex going on). Next steps will make or ...more  
Comment by pliskenNYC on Jul 23, 2021 12:53pm
Wow, beta kinda did loose the war, and bill gates will seek to smother or acquire in my opinion, I think you are 100% spot on with everything you said here, sales & marketing and time is of the essence, big time. yes it is all true what you say, nightstocker 
Comment by BaronBuffett on Jul 23, 2021 2:45pm
I like the idea of acquiring low hanging fruit, but chit, we need a big fxckin order, like, yesterday... like Walmart or Amazon.
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