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Liberty Defense to Begin Beta Testing HEXWAVE with the University of Wisconsin-Madison

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Liberty Defense Holdings Ltd. (OTCQB: LDDFF) announced the commencement of beta testing for its HEXWAVE security screening solution at the University of Wisconsin–Madison. The testing, taking place at a major sporting event this week, aims to evaluate HEXWAVE's capacity to detect concealed weapons and other threats. The system allows for quick passage without the need to divest personal items, streamlining security processes. Liberty has previously conducted trials at various high-profile venues, reinforcing its commitment to advanced security solutions.

Positive
  • Commencing beta testing of HEXWAVE at UW-Madison indicates potential for growth in the university security market.
  • HEXWAVE's advanced technology provides seamless security experiences, enhancing user satisfaction.
  • Prior successful trials with major airports and organizations suggest a strong market fit and operational credibility.
Negative
  • There is no guarantee of commercial success following the testing phase.

MADISON, Wis. and WILMINGTON, Mass, Dec. 8, 2022 /PRNewswire/ - Liberty Defense Holdings Ltd. ("Liberty" or the "Company") (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2A), a leading technology provider of detection solutions for concealed weapons and threats, is pleased to announce that it is commencing beta testing of HEXWAVE on-campus with the University of Wisconsin–Madison Police Department.

Beta testing will take place this week, with the HEXWAVE deployed as primary security screening for a major sporting event on the university's main campus.

HEXWAVE is a walkthrough screening portal that automatically detects hidden weapons and other potential threats, including both metal and non-metal items such as 3D-printed ghost guns, as well as improvised liquid, powder, or plastic explosives. It uses millimeter wave, video-rate 3D imaging, and Artificial Intelligence technologies to detect potential threats, providing security operators with a real-time, automatic go/no-go decision. Guests do not need to divest cell phones, keys, wallets, or jackets when passing through the system, providing a quicker and more seamless security experience.

"University campuses welcome thousands of students, staff, and visitors every single day, and play host to a wide array of educational, social, sporting, and other events on a regular basis," said Bill Frain, CEO of Liberty Defense. "HEXWAVE has the potential to fill an important gap for campus security teams providing a heightened level of security and an improved student or guest experience. It offers flexible and portable deployment, with the capability to automatically detect both metal and non-metal threats, and other items of concern."

UW-Madison was established in 1848 and is known as one of the top universities in the country. The academic and athletic success of the university attracts tens of thousands to the campus each year, with 49,886 students enrolled for the 2022-2023 academic year.

"We look forward to testing HEXWAVE to see how it could enhance our robust security operations, particularly for large scale events," said Kristen Roman, Associate Vice Chancellor and Chief of Police at UW-Madison. "As the first university to test the HEXWAVE system, we are proud to have the opportunity to experience this security technology to see how it could improve both the experience and safety at our facilities."

As previously announced, the Company has engaged in effective beta trials to date with major international airports, a major US airline, Major League Baseball, and one of the largest places of worship in North America at testing locations including Toronto Pearson International Airport and Oriole Park at Camden Yards in Baltimore.

For updates and news, please visit the Company website to subscribe to email alerts or follow Liberty Defense on social channels.

On Behalf of Liberty Defense
Bill Frain
CEO & Director

About Liberty Defense

Liberty Defense (TSXV: SCANOTCQB: LDDFFFRANKFURT: LD2A) 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 HEXWAVE and how does it work?

HEXWAVE is a walkthrough screening portal that utilizes millimeter wave technology and AI to detect hidden weapons and potential threats without requiring guests to divest personal items.

When is the beta testing of HEXWAVE taking place?

Beta testing began this week at the University of Wisconsin–Madison during a major sporting event.

Which company developed HEXWAVE?

HEXWAVE was developed by Liberty Defense Holdings Ltd., a leader in detection solutions for concealed weapons and threats.

What are the potential benefits of HEXWAVE for university security?

HEXWAVE aims to enhance campus security by providing rapid threat detection and improving the overall experience for students and visitors.

What is the stock symbol for Liberty Defense?

Liberty Defense Holdings Ltd. is traded under the stock symbol LDDFF on the OTCQB.

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