TORONTO, ON–(Marketwired – Feb 22, 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, is pleased to announce that its NForce CMR1000 software solution and related hardware, has completed internal quality assurance in preparation for a major trade exhibition in April.
The hardware already carries the “CE Mark” which certifies that the product has met EU health, safety and environmental requirements that ensure consumer and workplace safety and allows manufacturers to circulate industrial products freely within the internal market of the EU. The system is now entering pre-certification testing for FCC compliance ahead of its product launch at ISC West (International Security Conference) in Las Vegas in April. The product has also been vetted as ready for inclusion in the prestigious New Product Showcase at that conference.
Patriot One is now optimising its software to enhance performance characteristics and continues to collect additional weapons “signatures” for entry into the NForce proprietary database library. This is being achieved through an extensive law enforcement network which provides controlled access to weapons collections globally. The Company also advised today that it has now identified a manufacturer in the USA that has the capacity to meet the initial demand forecasts of its NForce CMR1000 production needs through 2018.
“One of the most noticeable recent developments is a sleek new profile which will enable greater installation versatility in the field,” notes Dinesh Kandanchatha, President and CTO of Patriot One Technologies Inc.
In addition, Patriot One has recently developed valuable new IP regarding antenna design, which will result in the filing of additional patents further protecting its technological advantage in the marketplace.
Along with the previously announced plans to launch a demonstration location in Orlando, Florida, Patriot One has initiated a test site at its new head office in Burlington, Ontario where it has begun ushering strategic groups through the facility demonstrating this ground breaking new technology. The presentation conclusively establishes the NForce CRM1000 software solution’s ability to identify a weapon (threat) from a non-threat. The private tours include an in-depth look at the science behind the process and an introduction to its user-friendly interface which enables anyone to operate the system with ease; not just security personnel. An exciting new feature of the user interface is the ability to combine a simultaneous camera image of an individual as an alert is triggered.
“Our engineering team have worked long and hard to take this lab proven technology and transform it into a commercial product. This is a momentous achievement in our corporate development,” added Kandanchatha. “In preparation, our supply relationships are already being locked down, and we are satisfied that we have a robust design ready to meet both customer requirements and volume expectations.”
For more information on Patriot One, visit www.patriot1tech.com; product information described above can be found here.
ON BEHALF OF THE BOARD
“Martin Cronin”
CEO & 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 NForce CMR1000 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.
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For further information, please contact:
Patriot One Inquiries
+1 (888) 728-1832
info@patriot1tech.com
www.patriot1tech.com