TORONTO, ON--(Marketwired - Dec 19, 2016) - Patriot One Technologies Inc., (TSX VENTURE: PAT) (OTCQB: PTOTF)
(FRA: OPL) ("Patriot One" or the "Company"), developer of a revolutionary concealed weapons detection system, is pleased to
announce that it has engaged Ridge Global LLC ("Ridge Global") as a strategic advisor to support the Company's market penetration
in the United States.
Led by Tom Ridge, former Governor of Pennsylvania and the first U.S. Secretary of the Department of Homeland Security, Ridge
Global LLC represents a significant partnership for the Company. Patriot One expects its work with Ridge Global could generate
key relationships, opportunities, and support strategic engagement and enhanced service for prospective Patriot One
customers.
Ridge Global was founded by Governor Ridge to help organizations decrease security risks. He has assembled a team of globally
recognized experts who offer strategic counsel on identifying, preparing for and mitigating cyber risk. For more information on
Ridge Global please visit: www.ridgeglobal.com.
Patriot One CEO, Martin Cronin, states, "We are tremendously pleased to announce this partnership. Working with a company with
the stature and reach of Ridge Global could greatly accelerate the exposure of our groundbreaking technology to key potential
users. Governor Ridge has an unparalleled grasp of the challenges facing those charged with the safety of the American public and
we are proud of the confidence he has shown in our technology."
The Company's agreement with Ridge Global provides for the payment of a monthly retainer, as well as performance-based bonuses
and success fees payable on revenue and market capitalization-based milestones. The Company further announces the grant of
200,000 incentive stock options to Governor Ridge at an exercise price of $1.44, exercisable for a term of four years and vesting
in 25% tranches every three months beginning on March 14, 2017.
Find out more at www.patriot1tech.com.
ON BEHALF OF THE BOARD
"Martin Cronin"
CEO & Director
About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF) (FRA: OPL) Patriot One is advancing
five years of academic research and successful testing into a commercial first-of-its-kind Cognitive Microwave Radar concealed
weapons detection system. The Company's NForce CMR1000 aims to Deter, Detect and Defend against active shooter threats before
they occur. NForce CMR1000 is being designed to be cost-effectively installed in hallways and doorways to covertly identify
weapons and to alert security of active threats before entry. Soon, facility operators aim to have an ability to prominently post
anti-weapons policies with compliance assured. Patriot One believes widespread use of its technology could act as an effective
deterrent, thereby diminishing the epidemic phenomena of active shooters across the nation and around the world. For more
information, visit: www.patriot1tech.com.
CAUTIONARY DISCLAIMER STATEMENT:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements relating to product development, commercialization and other
statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may",
"should", "anticipate", "expects" 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 the failure to
develop and commercialize the Company's technology as anticipated or at all, the ability of the Company to satisfy the conditions
of the relevant securities exchange(s) 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 not update or revise publicly any of the included forward-looking statements unless expressly required by applicable
law.