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Xtract One Secures Contract with Global Automotive Manufacturer to Enhance Security at Select North American Facilities

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Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) has secured a contract with a leading global automotive manufacturer to implement its AI-based security solutions at five North American facilities. The deployment will begin at locations in Tennessee and Ohio, with plans for future expansion. Xtract One was chosen for its precise weapons detection capabilities and flexible integration into daily operations.

This marks Xtract One's fourth major client in the automotive industry, demonstrating the company's growing presence across various sectors. The security solutions aim to enhance safety and operational efficiency while providing a seamless experience for guests and employees. Xtract One's systems offer fast, reliable, and frictionless screening that unobtrusively scans for weapons and prohibited items without requiring patrons to empty their pockets.

Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) ha ottenuto un contratto con un importante produttore automobilistico globale per implementare le sue soluzioni di sicurezza basate su intelligenza artificiale in cinque impianti nordamericani. Il dispiegamento inizierà in Tennessee e Ohio, con piani per future espansioni. Xtract One è stata scelta per le sue abilità precise nel rilevamento delle armi e per la flessibilità di integrazione nelle operazioni quotidiane.

Questo rappresenta il quarto grande cliente di Xtract One nell'industria automobilistica, a dimostrazione della crescente presenza dell'azienda in vari settori. Le soluzioni di sicurezza mirano a migliorare la sicurezza e l'efficienza operativa, offrendo un'esperienza senza soluzione di continuità per gli ospiti e i dipendenti. I sistemi di Xtract One offrono screening rapido, affidabile e senza attriti che scansiona in modo discreto alla ricerca di armi e oggetti proibiti senza richiedere ai clienti di svuotare le tasche.

Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) ha conseguido un contrato con un importante fabricante de automóviles a nivel mundial para implementar sus soluciones de seguridad basadas en inteligencia artificial en cinco instalaciones en América del Norte. El despliegue comenzará en ubicaciones en Tennessee y Ohio, con planes para futuras expansiones. Xtract One fue elegida por sus precisas capacidades de detección de armas y su flexible integración en las operaciones diarias.

Este es el cuarto gran cliente de Xtract One en la industria automotriz, lo que demuestra la creciente presencia de la compañía en varios sectores. Las soluciones de seguridad buscan mejorar la seguridad y la eficiencia operativa, al tiempo que brindan una experiencia fluida para los huéspedes y empleados. Los sistemas de Xtract One ofrecen un escaneo rápido, fiable y sin fricciones que examina de forma discreta en busca de armas y artículos prohibidos sin requerir que los clientes vacíen sus bolsillos.

Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL)는 세계적인 자동차 제조업체와 계약을 체결하여 북미의 다섯 개 시설에 AI 기반 보안 솔루션을 구현할 예정입니다. 배포는 테네시주와 오하이오의 위치에서 시작하며, 향후 확장 계획이 있습니다. Xtract One은 정확한 무기 탐지 능력과 일상 운영에의 유연한 통합으로 선택되었습니다.

이는 Xtract One의 자동차 산업에서의 네 번째 주요 고객으로, 다양한 분야에서의 회사의 성장하는 존재감을 나타냅니다. 보안 솔루션은 손님과 직원에게 원활한 경험을 제공하는 동시에 안전 및 운영 효율성을 향상시키는 것을 목표로 합니다. Xtract One의 시스템은 빠르고 신뢰할 수 있으며 마찰 없는 스크리닝을 제공하여 고객이 주머니를 비우지 않고도 무기 및 금지 품목을 비밀리에 검사합니다.

Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) a décroché un contrat avec un leader mondial du secteur automobile pour mettre en œuvre ses solutions de sécurité basées sur l'intelligence artificielle dans cinq installations en Amérique du Nord. Le déploiement commencera dans des lieux au Tennessee et en Ohio, avec des plans d'expansion future. Xtract One a été choisie pour ses capacités précises de détection des armes et pour son intégration flexible dans les opérations quotidiennes.

Il s'agit du quatrième grand client de Xtract One dans l'industrie automobile, démontrant la présence croissante de l'entreprise dans divers secteurs. Les solutions de sécurité visent à améliorer la sécurité et l'efficacité opérationnelle tout en offrant une expérience fluide aux invités et aux employés. Les systèmes de Xtract One proposent un dépistage rapide, fiable et sans friction qui scanne discrètement à la recherche d'armes et d'objets interdits sans nécessiter que les clients vident leurs poches.

Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) hat einen Vertrag mit einem führenden globalen Automobilhersteller abgeschlossen, um seine KI-gestützten Sicherheitslösungen in fünf nordamerikanischen Anlagen zu implementieren. Der Einsatz wird an Standorten in Tennessee und Ohio beginnen, mit Plänen für zukünftige Expansionen. Xtract One wurde aufgrund seiner präzisen Waffenerkennungsmöglichkeiten und der flexiblen Integration in den täglichen Betrieb ausgewählt.

Dies ist der vierte große Kunde von Xtract One in der Automobilindustrie und zeigt die wachsende Präsenz des Unternehmens in verschiedenen Sektoren. Die Sicherheitslösungen zielen darauf ab, die Sicherheit und die betriebliche Effizienz zu verbessern, während sie Gästen und Mitarbeitern ein nahtloses Erlebnis bieten. Die Systeme von Xtract One bieten schnelles, zuverlässiges und reibungsloses Screening, das unauffällig nach Waffen und verbotenen Gegenständen sucht, ohne dass die Gäste ihre Taschen leeren müssen.

Positive
  • Secured contract with a leading global automotive manufacturer for five North American facilities
  • Expansion into automotive industry, marking the fourth major client in this sector
  • Potential for future installations at more facilities of the automotive manufacturer
  • Recognition of Xtract One's precise weapons detection capabilities and flexible integration
  • Recent U.S. Department of Homeland Security SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT)
Negative
  • None.

Threat Detection Technology to Improve Facility Access & Safety While Streamlining Entrance Experience

TORONTO, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) (“Xtract One” or the “Company”) today announced that its AI-based security solutions have been chosen by a leading global automotive manufacturer of cars, SUVs, and pickup trucks to secure five of its North American facilities. System deployment will start at their Tennessee and Ohio locations, with plans for future installation at more facilities.

After a comprehensive evaluation of available solutions, Xtract One was selected for the Company’s precise weapons detection capabilities and flexible integration into daily business operations and the physical environment. Aiming to enhance security and operational efficiency, this deployment sets a new standard for safety and innovation in the automotive industry while furthering Xtract One’s leadership in threat detection and security solutions in the space.

“We’re excited to be working with another major player, our fourth, in the automotive field and to be expanding our growing scope of innovative customers across different industries,” said Peter Evans, CEO of Xtract One. “By implementing our cutting-edge solutions, we aim to provide security measures to combat modern threats and provide a seamless experience for all guests and employees. This deployment will also enhance operational efficiency, further demonstrating how our solutions fit seamlessly into the manufacturing facility landscape.”

Xtract One's security solutions enhance entry experience and detect threats while preserving guests’ privacy and comfort. These systems deliver fast, reliable, and frictionless screening that unobtrusively scan patrons for weapons and other prohibited items as they walk through. This eliminates the need to empty pockets and optimizes the guest experience by reducing time spent in security lines. The Company’s Multi-Sensor Gateway portfolio was recently awarded the U.S. Department of Homeland Security DHS SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT), highlighting the efficacy of Xtract One's innovative security solutions in safeguarding public spaces against modern threats.

To learn more, visit www.xtractone.com.

About Xtract One
Xtract One Technologies is a leading technology-driven provider of threat detection and security solutions leveraging AI to deliver seamless and secure experiences. The Company makes unobtrusive weapons and threat detection systems that enable facility operators to prioritize and deliver improved “Walk-right-In” experiences while providing unprecedented safety. Xtract One's innovative portfolio of AI-powered Gateway solutions excels at allowing facilities to discreetly screen and identify weapons and other threats at points of entry and exit without disrupting the flow of traffics. With solutions built to serve the unique market needs for schools, hospitals, arenas, stadiums, manufacturing, distribution, and other customers, Xtract One is recognized as a market leader delivering the highest security in combination with the best individual experience. For more information, visit www.xtractone.com or connect on Facebook, X, and LinkedIn.

Forward Looking Statements
This news release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements”. Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements. Such risks and uncertainties include, but are not limited to, the risks detailed from time to time in the continuous disclosure filings made by the Company with securities regulations. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. The Company has no obligation to update any forward-looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.

No securities exchange or commission has reviewed or accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:
Xtract One Inquiries: info@xtractone.com, http://www.xtractone.com   
Investor Relations: Chris Witty, Darrow Associates, cwitty@darrowir.com, 646-438-9385
Media Contact: Kristen Aikey, JMG Public Relations, kristen@jmgpr.com, 212-206-1645


FAQ

What contract did Xtract One Technologies (XTRAF) secure with an automotive manufacturer?

Xtract One Technologies secured a contract to implement its AI-based security solutions at five North American facilities of a leading global automotive manufacturer of cars, SUVs, and pickup trucks.

Where will Xtract One's security systems be initially deployed for the automotive manufacturer?

The initial deployment of Xtract One's security systems for the automotive manufacturer will start at their facilities in Tennessee and Ohio.

How many major clients does Xtract One now have in the automotive industry?

With this new contract, Xtract One now has four major clients in the automotive industry.

What recent recognition did Xtract One's Multi-Sensor Gateway portfolio receive?

Xtract One's Multi-Sensor Gateway portfolio was recently awarded the U.S. Department of Homeland Security DHS SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT).

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