STOCK TITAN

Xtract One Technologies to be used for Hospital Weapons Detection Screening in Manitoba

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

Xtract One Technologies (TSX: XTRA, OTCQX: XTRAF) announced that its Gateway weapon detection system has been selected for implementation at key hospital locations in Manitoba, including the Health Sciences Centre and Crisis Response Centre operated by Shared Health. The Gateway system offers advanced security screening that balances threat detection with efficient patient and staff flow.

The technology is specifically designed to scan individuals and their belongings seamlessly, eliminating the need for separate bag searches and significantly improving screening times. The system can distinguish between potential weapons and harmless personal items like laptops, tablets, binders, and phones while maintaining unobtrusive monitoring of facility access.

Loading...
Loading translation...

Positive

  • Secured new contract with Manitoba healthcare facilities
  • Expansion into healthcare security sector
  • Implementation in major healthcare facilities demonstrates market validation

Negative

  • None.

News Market Reaction 1 Alert

-1.44% News Effect

On the day this news was published, XTRAF declined 1.44%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Cutting-Edge Technology Selected to Secure Patient and Staff Experiences to Prioritize Care

TORONTO, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) (“Xtract One” or the “Company”) today announced its Xtract One Gateway (“Gateway”) has been selected to protect key hospital locations in Manitoba, including at the province’s Health Sciences Centre and Crisis Response Centre locations operated by Shared Health.

The system will redefine the security experience by not only balancing powerful threat detection with seamless flow for individuals, but also enhancing safety standards and optimizing operational efficiency.

"Healthcare environments today face two security challenges: providing top-tier security while ensuring that both patients and caregivers feel safe and comfortable," said Peter Evans, CEO of Xtract One. “This is a trend we’re seeing across the healthcare sector, where providers are actively looking for solutions to these growing challenges, and we welcome the opportunity to play a role in securing health facility environments.”

Xtract One’s portfolio of screening solutions are designed specifically for scanning individuals and their belongings, allowing seamless passage through checkpoints and reducing the need for separate bag searches, thereby improving screening times dramatically. Gateway unobtrusively scans individuals, their pockets, their bags and backpacks for potential mass casualty weapons while distinguishing harmless personal items like laptops, tablets, three-ring binders, notebooks, eyeglass cases, keys, and phones, streamlining access into and out of facilities without disrupting the flow of movement.

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 traffic. 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.

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 healthcare facilities in Manitoba will implement Xtract One's Gateway system?

The Health Sciences Centre and Crisis Response Centre operated by Shared Health in Manitoba will implement Xtract One's Gateway weapon detection system.

How does Xtract One's Gateway system improve hospital security screening efficiency?

The Gateway system improves efficiency by seamlessly scanning individuals and their belongings simultaneously, eliminating separate bag searches and distinguishing between weapons and harmless personal items.

What types of items can Xtract One's Gateway system differentiate in screening?

The system can differentiate between potential weapons and harmless items such as laptops, tablets, three-ring binders, notebooks, eyeglass cases, keys, and phones.

What is the primary benefit of XTRAF's Gateway system for healthcare facilities?

The primary benefit is providing top-tier security while maintaining a comfortable environment for patients and caregivers, with seamless and efficient screening processes.
Xtract One Technologies Inc.

OTC:XTRAF

XTRAF Rankings

XTRAF Latest News

XTRAF Stock Data

103.50M
162.01M
0.36%
0.41%
Software - Application
Technology
Link
Canada
Toronto