Liberty Announces Key Hires to Advance Company Beta Program and Product Development Plans

Rhea-AI Summary

Liberty Defense Holdings Ltd. has made strategic new hires in sales, engineering, and accounting to facilitate the beta launch of its HEXWAVE product and enhance product development for aviation checkpoints. Key appointments include Scott Trosper, a Senior Technical Architect with over 30 years of experience in aviation security, and Ian McNaughton, a business development leader from major security firms. These hires aim to accelerate Liberty's growth and technological advancements in security solutions while positioning the company for future profitability.

Positive

• Key hires in sales, engineering, and accounting expected to enhance operational capabilities.
• Scott Trosper brings extensive experience in aviation security technology, enhancing product development.
• New leadership expected to drive growth of HEXWAVE product and overall business strategy.

Negative

• None.

ATLANTA, Ga., Aug. 12, 2021 /PRNewswire/ - Liberty Defense Holdings Ltd. ("Liberty" or the "Company") (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2), a leading concealed weapons and threat detection solutions company, is pleased to announce that it has made new hires in the areas of sales and business development, engineering, and accounting. These key hires will support the success of the beta launch of Liberty's HEXWAVE product in the coming months as well as product development for the Company's aviation checkpoint and other security solutions.

The Company welcomes Scott Trosper, a Senior Technical Architect with 30+ years of technical and design experience for market-leading passenger screening technology in the aviation security space. While employed with L3Harris (NYSE: LHX), Scott led the development of the ProVision^® system hardware (AIT-1, AIT-2), working with Pacific Northwest National Lab and the Transportation Security Administration (TSA). Scott holds six patents in the areas of millimeter wave and advanced imaging technology. The ProVision is currently used in most major airports worldwide for enhanced passenger screening by the TSA at security checkpoints.

Earlier this year, Liberty Defense licensed two next generation checkpoint screening technologies that it has begun working on in anticipation of upgrading existing technology used in airports today. The R&D 100 award winning Shoe Scanner and the High Definition - Advanced Imaging Technology (HD-AIT) body scanner. Both technologies were funded by the U.S. Department of Homeland Security Science and Technology Directorate and developed at the Department of Energy Pacific Northwest National Laboratory, led by the TSA's passenger screening requirements.

The Company has also hired veteran business development and sales leader Ian McNaughton, who was responsible for sales development for multi-billion-dollar market leading security detection companies Leidos (NYSE: LDOS) and L3Harris (NYSE: LHX) with a focus on government, critical infrastructure, and public safety verticals in North America.

The Company is also pleased to announce that it has hired Amanda Rosbicki as Controller, based in the new Wilmington, MA headquarters, as well as two additional engineering technicians in the Company's Atlanta Center of Excellence for Engineering location.

"Hiring for these key functions allows Liberty to execute our immediate plans in ramping up our HEXWAVE beta program, while also building out our technologies that are licensed for aviation checkpoint security and planning for future sales and profitability," said Bill Frain, CEO of Liberty Defense. "We are thrilled to welcome these new hires to the company, who bring broad expertise and knowledge from industry-leading companies. We are extremely gratified that they have chosen to embark on the next phase of their high-level careers with Liberty to grow our next generation security technology portfolio."

In addition, the Company has created product explainer videos to describe its technology offerings. The HEXWAVE overview video and aviation checkpoint security video can be viewed here: https://libertydefense.com/videos.

On Behalf of Liberty Defense

Bill Frain
CEO & Director

About Liberty Defense

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.

FAQ

What new hires has Liberty Defense made to support the HEXWAVE product?

Liberty Defense has hired Scott Trosper as Senior Technical Architect, Ian McNaughton for business development, and Amanda Rosbicki as Controller.

How does the new hiring impact Liberty Defense's product development?

The new hires will support the beta launch of HEXWAVE and enhance the development of aviation checkpoint security technologies.

What experience does Scott Trosper bring to Liberty Defense?

Scott Trosper has over 30 years of experience in aviation security and has developed technology currently used in major airports worldwide.

What is the role of Ian McNaughton at Liberty Defense?

Ian McNaughton will focus on business development, leveraging his experience with multi-billion-dollar security detection companies.

What technologies has Liberty Defense licensed recently?

Liberty Defense has licensed the Shoe Scanner and High Definition - Advanced Imaging Technology (HD-AIT) from the U.S. Department of Homeland Security.