Bay Street News

Patriot One Announces Evaluation and Purchase Agreement with Iconic Las Vegas Property

TORONTO, ON–(Marketwired – Mar 23, 2017) – Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of a revolutionary concealed weapons detection system, today announced an agreement with Westgate Las Vegas Resort & Casino for a trial of its technology in order to evaluate integration capabilities with existing in-house security systems.

Westgate Las Vegas Resort & Casino has long been an iconic landmark, comprised of nearly 3,000 hotel rooms, including 305 suites located on 64 acres with a 74,000-square foot casino and 200,000 sq. ft. convention center. The property is owned by Florida-based Westgate Resorts, the largest privately held company in Central Florida. Today, Westgate Resorts encompasses 28 resorts with more than 13,500 villas across the United States.

Westgate’s Chief Operating Officer Mark Waltrip said, “With this partnership, we are pleased to be moving ahead and look forward to deploying the product on-site and to integrating it with our existing security infrastructure. Hopefully this is the first of many deployments across our locations around the United States.”

Patriot One CEO, Martin Cronin comments, “We believe our innovative concealed weapons detection software solution and related hardware offers a very significant step forward in security technology. Naturally, Las Vegas offers us a chance to really put our solution to the test in a premier global destination. As a first class showcase for our company, we thank the Westgate team for their vision and leadership in providing us the opportunity to deploy the installation in front of a key audience. During the upcoming ISC West Conference in April, we plan to demonstrate the system under real operating conditions to the visiting security community from across the nation. This is a wonderful opportunity for us and we look forward to a mutually beneficial relationship with Westgate Resorts.”

ON BEHALF OF THE BOARD

“Martin Cronin”
President & Director

About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL):
Patriot One has developed a first-of-its-kind Cognitive Microwave Radar concealed weapons detection system as an effective tool to combat active shooter threats before they occur. Designed for cost-effective deployment in weapon-restricted buildings and facilities, the innovative software solution and related hardware can be installed in hallways and doorways to covertly identify weapons and to alert security of an active threat entering the premises. Owner/operators of private and certain public facilities can now prominently post anti-weapons policies with compliance assured. The Company’s motto Deter, Detect and Defend is based on the belief that widespread use of its technology will act as an effective deterrent, thereby diminishing the epidemic phenomena of active shooters across the globe. For more information, visit: www.patriot1tech.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 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” 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 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 update or revise publicly any of the included forward-looking statements as expressly required by applicable law.

Neither the 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.

For further information, please contact:
Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com