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Liberty Defense Announces Partnership with N4R B.V. Netherlands

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Liberty Defense Holdings Ltd. (OTCQB: LDDFF) announced a partnership with N4R B.V. in the Netherlands to enhance its presence in European aviation and commercial security sectors. Led by expert Gunther van Adrichem, N4R will assist Liberty in deploying its HEXWAVE and checkpoint technologies, optimized for post-Covid security needs. Bill Frain, CEO of Liberty Defense, emphasized the partnership's importance in advancing security applications. Liberty continues to focus on layered security solutions in high-traffic areas, ensuring comprehensive threat detection capabilities.

Positive
  • Strategic partnership with N4R B.V. enhances Liberty's market presence in Europe.
  • Collaboration leverages N4R's expertise in aviation security to advance product offerings.
  • HEXWAVE product and other technologies address evolving post-Covid security needs.
Negative
  • None.

ATLANTA, July 15, 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 partnered with N4R in the Netherlands to expand the Company's presence in Europe for aviation and commercial security applications.

N4R B.V. is a consultancy in the Netherlands led by Gunther van Adrichem. Gunther is a seasoned Managing Director and Strategic Advisor within the Aviation Security Industry, highly experienced in technology development, innovation management, and operations for airports, government, and the civil aviation industry. With a demonstrated history of working in the airlines/aviation industry for more than 20 years, Gunther played a guiding role in the development and deployment of some of the most innovative technologies in the European Aviation Industry. Gunther has been involved in numerous projects focused on the innovation of Aviation Security (AVSEC) and creating the first test procedures for certifying airport security scanners. Gunther was instrumental in the introduction and deployment of millimeter wave technologies for passenger screening. Millimeter wave is the basis for Liberty's HEXWAVE product and the Company's newly licensed aviation checkpoint technology. It detects all threats, including metallic and non-metallic.

"Along with Mike Lanzaro, Liberty's President and CTO, I have had the privilege of working with Gunther over the past 20 years deploying innovative and state of the art screening technologies for aviation checkpoints. Gunther is a thought leader and certainly well recognized in the security industry," said Bill Frain, CEO of Liberty Defense. "Gunther was instrumental in deploying the first millimeter wave passenger screening technology in Europe. Gunther's vision for next generation security applications is a perfect fit for Liberty as we advance our product portfolio for commercial and aviation applications."

Security requirements continue to evolve, especially in a post-Covid world. The ability to process people and passengers effectively, safely, and socially distanced to minimize contact is paramount. There continues to be a need for a layered security approach, and the requirements are expanding beyond the standard checkpoint.

"I am very excited to be working with the Liberty team as they look to bring their next generation technologies to life," said Gunther van Adrichem. "This partnership provides the customer unparalleled access to our experience in the security industry, and with Liberty's expanded product portfolio, together we will be able to provide curb-to-gate screening for the aviation industry."

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 is the significance of Liberty Defense's partnership with N4R B.V.?

The partnership aims to expand Liberty's presence in the European aviation security market and enhance product offerings.

How does Liberty Defense's HEXWAVE technology work?

HEXWAVE uses advanced radar imaging to detect both metallic and non-metallic threats, providing layered security.

What are Liberty Defense's plans following their partnership announcement on July 15, 2021?

Liberty aims to deploy its security technologies in European markets, specifically targeting aviation and commercial applications.

What stock symbols are associated with Liberty Defense Holdings Ltd?

Liberty Defense trades under TSXV: SCAN, OTCQB: LDDFF, and Frankfurt: LD2.

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