Liberty Defense Welcomes Virginia Buckingham as Advisor

Ms. Buckingham is recognized for her leadership including instituting a first-in-the-nation security initiative that became the model for current TSA programs following the terrorist attacks of September 11, 2001

WILMINGTON, Mass., May 25, 2022 /PRNewswire/ - Liberty Defense Holdings Ltd. ("Liberty" or the "Company") (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2), leading technology provider of detection solutions for concealed weapons and threats, is pleased to announce that it has added Virginia Buckingham to its board of advisors.

"Ms. Buckingham has an impressive track record of driving the successful deployment and adoption of new technologies focused on improving public safety, health, and peace of mind," said Bill Frain, CEO of Liberty Defense. "Her expertise spans multiple key areas that are essential for the widespread deployment of Liberty's portfolio of technologies."

Ms. Buckingham previously served as vice president of corporate affairs for Pfizer, CEO of the Massachusetts Port Authority, held several prominent roles for two Massachusetts governors, and has also held other key executive positions.

The Massachusetts Port Authority operates three airports, the shipping and cruise terminals in the Port of Boston, and the Commonwealth Flats anchor development sites in Boston's Seaport District. During her time as CEO there, she successfully led the expansion of Logan Airport's capacity, reduced airport congestion, and opened direct shipping between China and Boston.

She also led the recovery efforts for Logan Airport following the terrorist attacks of September 11, 2001, was the first airport executive to call for federalization of airport security, and instituted a first-in-the-nation security initiative that became the model for current TSA programs.

"Liberty Defense has a portfolio of technologies that are in the advanced stages of development, and have the potential to significantly improve the effectiveness, experience, and operations of security for a range of public spaces," said Virginia Buckingham. "I am pleased to be joining the team as an advisor to assist the company as it moves toward commercialization and the potential widespread adoption of its technologies in airports, government buildings, ports of entry, places of worship, event venues, and beyond."

Liberty's security detection technologies include:

• The HEXWAVE walkthrough portal, which uses millimeter wave, 3D imaging, and artificial intelligence to detect all types of concealed metallic and non-metallic weapons. This system is planned to begin beta-testing in the field beginning Q3 this year
  
  
• The next generation of High-Definition Advanced Imaging Technology (HD-AIT) millimeter-wave body scanning technology that is planned for deployment as an upgrade for current TSA checkpoint screening technologies in airports
  
  
• An award-winning shoe screening technology that makes it possible to eliminate the need to remove shoes when moving through airport security or other secure areas

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Bill Frain
CEO & Director

Liberty Defense (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2) provides multi-technology security solutions for concealed weapons detection in high volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools, and more. Liberty's HEXWAVE product, for which the company has secured an exclusive license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3D radar imaging technology, provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: LibertyDefense.com

FORWARD-LOOKING STATEMENTS

When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although Liberty believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. Such statements and information reflect the current view of Liberty. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.

By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are a number of important factors that could cause Liberty's actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general development, market and industry conditions. The parties undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of their securities or their respective financial or operating results (as applicable).

Liberty cautions that the foregoing list of material factors is not exhaustive. When relying on Liberty's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Liberty has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Liberty as of the date of this press release and, accordingly, are subject to change after such date. Liberty does not undertake to update this information at any particular time except as required in accordance with applicable laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

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SOURCE Liberty Defense Holdings Ltd.