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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. > Enhances MSG Patron Screening Technology
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Post by Betteryear2 on Sep 14, 2021 8:14am

Enhances MSG Patron Screening Technology

TORONTO, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”) today announced it has released the next phase of its threat detection multi-sensor gateway (MSG) with technology enhancements that make it increasingly accurate, flexible and practical for sports and entertainment venues.

MSG is a weapons detection scanner that stadiums and entertainment venues can deploy at points of entry. Unlike traditional metal detectors, the system uses sensors and purpose-designed artificial intelligence (AI) to scan for prohibited items such as guns and other weapons, accurately and unobtrusively at entry points. This eliminates the need for every patron to stop to empty their pockets and bags, which dramatically increases the rate at which people can enter facilities - improving the patron experience and maximizing revenue opportunities for venue operators, without compromising security.

The new version of MSG includes additional sensing capabilities and AI features that further improve weapons-detection accuracy, including further improved detection for small weapons including knives, lower false alarm rates due to heavier clutter in pockets, and directional alerting. The new release also includes requested features to further optimize security personnel requirements, activities, and processes. “These enhancements are a direct result of our work with key professional sports leagues and stadium customers, who have provided valuable feedback on the features and functionality they need to maximize the patron experience, and exceed their currently defined security standards,” said Patriot One CEO, Peter Evans.

Evans said that customer feedback played a key role in MSG’s enhancements, as many of the updates were based on defined customer priorities and requirements. “Many security directors have been disappointed by systems that perform well in the lab, but can’t deliver the same performance in their specific environment or within their unique stadium needs,” he said. “Along with more accurate detection and continuously improving false positive alert rates, MSG boasts increased resilience to electromagnetic interference (EMI), vibrations, and noise from boisterous environments, making it ideal for stadiums and live concert environments hosting large crowds.”

Along with the enhancements to MSG detection performance, Patriot One has added several features designed to give security organizations the maximum flexibility to align to their security model. Enhanced kiosk capabilities, flexible alerting, user defined alerting options, and profile settings are all available and adjustable by the users to fit their unique security operations requirements.

Evans added, “Each stadium is unique. They have different footprints, ages, entries, available space, locations in urban environments, among other considerations that force operators to adjust their security approaches. Recognizing this, we are creating a solution with the maximum flexibility to allow us to align to security organizations’ business, versus a one-size-fits-all approach that forces them to adopt to the technology – which is an approach that sub-optimizes security.”

For more information on MSG, please visit: https://patriot1tech.com/patscan/multi-sensor/

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 company’s 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.

https://www.globenewswire.com/news-release/2021/09/14/2296630/0/en/Patriot-One-Technologies-Enhances-MSG-Patron-Screening-Technology-with-Greater-Accuracy-and-Resilience.html
Comment by BaronBuffett on Sep 14, 2021 9:29am
I was hoping to read CMR... Would have been cool.
Comment by pliskenNYC on Sep 14, 2021 10:20am
I think they pretty much recreated the Cmr already, i mean what else do you want?? They basically achieved everything the Cmr was supposed to do and more, enough with the Cmr stuff now, we have the msg and it's better. moreover it's going to keep upgrading... 
Comment by Jahpatriot on Sep 15, 2021 8:10am
@PliskenNYC / @SHpossie: CMR was cremated a long time ago, dead, caput, muerto, kick-the-bucket and, as they say in Jamaica, dead-to-bloodclaart. MSG (Madison Square Garden), is the new sheriff in town, built to suit, pico low false positive. MSG runs tings, tings no run MSG. Big success to come with this upgrade. Considering most of the upgrades were direct results of requests from potential ...more  
Comment by Jahpatriot on Sep 15, 2021 9:43am
Big shout-out to Martin Cronin for having the foresight to see the issues from CMR and making the seamless pivot to MSG (Madison Square Garden). Yes, seamless, considering the transition could have been worst.
Comment by pliskenNYC on Sep 15, 2021 10:23am
I totally agree @jah Patriot, it seems Cronin was putting in some serious work on the development of the MSG & I gave him full credit for that a while back, poor guy should have been replaced as ceo 2 years ago so he could focus on development, but he stayed in the saddle to long & well we all know what happened there, but the pivot from Cmr to msg was genius. It seems in the lab Cmr was ...more  
Comment by Roadrunner71 on Sep 15, 2021 10:27am
JP Strategic has a new video out on this. https://www.youtube.com/watch?v=Mc84nFnTT2o
Comment by Jahpatriot on Sep 15, 2021 10:54am
This guy JP and I are really on the same page. Peter Evans should hire this guy to proof read /review all NRs before they are put out. Would do justice to alleviate a lot of shareholders' questions and confusion. Peter, if you are watching, give JP a call.
Comment by Jahpatriot on Sep 15, 2021 10:40am
@PliskenNYC: I concur!!!
Comment by Nightstocker on Sep 14, 2021 11:28am
CMR is no longer needed. It's VHS.  The MSG suite has detection rates and clutter filters that are light years ahead. It has been able to grow with the AI  advancements created by Xtract. I think we longs became so enamoured with CMR, we forget that tech moves quickly, and CMR is like a golden oldie that we hear and think about the "good old days".  
Comment by Nightstocker on Sep 14, 2021 11:32am
"Many security directors have been disappointed by systems that perform well in the lab, but can’t deliver the same performance in their specific environment or within their unique stadium needs,” Evans throwing a bit of shade Evolv's way, perhaps?
Comment by Skidaddle on Sep 14, 2021 12:06pm
100% agree NS. Plus no "radar" with MSG = no FCC operational or permitting approvals. CMR may still be in the quiver for future products(?) but I'm guessing it will be more suited to government/military applications where FCC issues are less onerous (for approved vendors). Time to forget about CMR for the time being... right along with STS/Sotech as well. The immediate future is ...more  
Comment by Rick311 on Sep 14, 2021 12:16pm
Nobody cares about cmr anymore, msg is much better.
Comment by TedOrlow on Sep 14, 2021 10:07am
This post has been removed in accordance with Community Policy
Comment by beastcoastOG on Sep 14, 2021 12:02pm
Yet still absolute ZERO , NADA , NOTHING,  in the way of any evidencial means of showing that it actualy does what was remarked about or being remarked about now.  Prepare for IMPACT on financials !
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