STOCK TITAN

Patriot One Technologies Enhances MSG Patron Screening Technology with Greater Accuracy and Resilience

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Patriot One Technologies has launched an upgraded version of its Multi-Sensor Gateway (MSG)

Positive
  • Launch of upgraded MSG enhances weapons detection accuracy and flexibility.
  • Improvements include better detection of small weapons and reduced false alarms.
  • Customer-driven updates ensure the system meets specific security needs of venues.
  • Enhanced capabilities aim to improve patron experience while maintaining security.
Negative
  • None.

Updates are part of continued product development, largely based on customer feedback and priorities

TORONTO, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”) today announced it has released the next phase of its threat detection multi-sensor gateway (MSG) with technology enhancements that make it increasingly accurate, flexible and practical for sports and entertainment venues.

MSG is a weapons detection scanner that stadiums and entertainment venues can deploy at points of entry. Unlike traditional metal detectors, the system uses sensors and purpose-designed artificial intelligence (AI) to scan for prohibited items such as guns and other weapons, accurately and unobtrusively at entry points. This eliminates the need for every patron to stop to empty their pockets and bags, which dramatically increases the rate at which people can enter facilities - improving the patron experience and maximizing revenue opportunities for venue operators, without compromising security.

The new version of MSG includes additional sensing capabilities and AI features that further improve weapons-detection accuracy, including further improved detection for small weapons including knives, lower false alarm rates due to heavier clutter in pockets, and directional alerting. The new release also includes requested features to further optimize security personnel requirements, activities, and processes. “These enhancements are a direct result of our work with key professional sports leagues and stadium customers, who have provided valuable feedback on the features and functionality they need to maximize the patron experience, and exceed their currently defined security standards,” said Patriot One CEO, Peter Evans.

Evans said that customer feedback played a key role in MSG’s enhancements, as many of the updates were based on defined customer priorities and requirements. “Many security directors have been disappointed by systems that perform well in the lab, but can’t deliver the same performance in their specific environment or within their unique stadium needs,” he said. “Along with more accurate detection and continuously improving false positive alert rates, MSG boasts increased resilience to electromagnetic interference (EMI), vibrations, and noise from boisterous environments, making it ideal for stadiums and live concert environments hosting large crowds.”

Along with the enhancements to MSG detection performance, Patriot One has added several features designed to give security organizations the maximum flexibility to align to their security model. Enhanced kiosk capabilities, flexible alerting, user defined alerting options, and profile settings are all available and adjustable by the users to fit their unique security operations requirements.

Evans added, “Each stadium is unique. They have different footprints, ages, entries, available space, locations in urban environments, among other considerations that force operators to adjust their security approaches. Recognizing this, we are creating a solution with the maximum flexibility to allow us to align to security organizations’ business, versus a one-size-fits-all approach that forces them to adopt to the technology – which is an approach that sub-optimizes security.”

For more information on MSG, please visit: https://patriot1tech.com/patscan/multi-sensor/

About Patriot One Technologies
Patriot One Technologies makes unobtrusive, artificial intelligence (AI)-driven weapons and threat detection systems that enable arenas, casinos, schools, theaters and other businesses to provide unprecedented safety while also improving the patron experience. The company’s Multi-Sensor Gateway enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic, and its AI-based video-recognition software (VRS) enables venue and building operators to identify weapons and other threats inside and outside of facilities, while also providing valuable intelligence for optimizing operations. Follow us on Twitter @patriot1tech.

For further information, please contact:

Patriot One Technologies
Inquiries
info@patriot1tech.com
www.patriot1tech.com

Media Contact
Caroline Metell
PatriotOne@threeringsinc.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 system sales, 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”,” believes”, 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 counterparty default 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 only as expressly required by applicable law.

Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.


FAQ

What are the key features of Patriot One's updated Multi-Sensor Gateway (MSG)?

The updated MSG features improved detection accuracy for small weapons, lower false alarm rates, and enhanced flexibility tailored to specific venue security needs.

How does the MSG improve the patron experience at venues?

MSG allows for faster entry by eliminating the need for patrons to empty pockets, enhancing the overall experience while maintaining security.

What feedback influenced the updates to the MSG?

Updates were directly influenced by feedback from key professional sports leagues and stadium customers.

What is the purpose of Patriot One Technologies' Multi-Sensor Gateway?

The MSG is designed to detect weapons discreetly at entry points, improving safety without disrupting the flow of traffic in venues.

When was the updated MSG released?

The updated Multi-Sensor Gateway was announced on September 14, 2021.

ptotf

:PTOTF

PTOTF Rankings

PTOTF Latest News

PTOTF Stock Data

71.89M
162.63M
0.83%
0.28%
Software—Application
Technology
Link
Canada
Toronto