LD2A Liberty Defense Holdings Ltd

Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (TSXV: SCAN, OTCQB: LDDFF), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is pleased to announce that Bryan Cunningham has been named as Liberty Defense’s new President, effective January 13, 2025.

Mr. Cunningham is a lawyer, senior security expert, former CIA intelligence officer, and technology executive, who has a long career protecting the US and allied critical assets at home and around the globe against emerging threats. He presently is senior counsel and adviser to Palantir Technologies PLTR-Q, working with the company through its growth from fewer than 30 employees to more than 4,000. He currently serves as Executive Director of Palantir’s outside advisory board on privacy and civil liberties and has been a key officer at several other tech startups. Mr. Cunningham previously served as Deputy Legal Adviser to National Security Advisor Condoleezza Rice, worked with the US 9/11 Commission, and has been a senior advisor to the Chertoff Group.

Mr. Cunningham has been involved in the critical aviation security space since shortly after 9/11, drafting significant portions of the Homeland Security Act and providing security and regulatory advice and counsel to the American Association of Airline Executives. He was awarded the National Intelligence Medal of Achievement for helping stand up the first US terrorism threat integration center and has served on numerous security-related government and private task forces.

“From CIA to the White House, to supporting Palantir and other security and defense startups and mature enterprises, to my work in aviation and cybersecurity, the through line always has been service to the United States and the protection of our people, our security, and our allies. I couldn’t be more honored or thrilled to join Bill and the highly talented and effective team at Liberty Defense to continue that mission,” Mr. Cunningham remarked.

“I am very proud to accept this new challenge in a critical time for security. We live in deeply divided times, but fundamental principles should unite us. Whatever our politics, all of us – and our national security – benefit immeasurably from technologies such as Liberty’s leading AI & HEXWAVE technology platforms, enabling walk-through scanning to detect threats, whether metal, non-metal, ghost guns, chemicals, electronics, devices, or emerging threats in real-time. Our platform makes us all safer while, at the same time, enabling greatly improved efficiency and effectiveness via artificial intelligence, without sacrificing our privacy,” continued Mr. Cunningham. “Whether at an airport, classified facility, office building, school, concert, or in any other safety-first environment, we all deserve and should demand a seamless, non-disruptive solution that protects us from attacks. Our platform does all of this, making the United States and our global allies safer, stronger, and more secure, while enhancing the convenience and reducing the intrusiveness, of security screening for us all.”

“Bryan’s unparalleled experience in the security field makes him an exceptional addition to our management team at Liberty,” said Bill Frain, CEO of Liberty. “His extensive expertise, both domestic and international, deep industry knowledge, and commitment to advancing policy and cutting-edge technology to strengthen security are invaluable assets to our organization. As we’ve seen in recent months, now is the time to address security gaps, and we continue to prioritize collaboration with our customers and the community to deliver next-generation security solutions.”

For updates and news, please visit www.libertydefense.com to subscribe to email alerts or follow Liberty Defense on social channels.On Behalf of Liberty DefenseBill FrainCEO & Director

About Liberty DefenseLiberty Defense (TSXV: SCAN, OTCQB: LDDFF) 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

For further information about Liberty, please contact:

Jay AdelaarSenior Vice President of Capital Markets, Liberty Defense604-809-2500jay@libertydefense.com

For sales information, please contact:

Ian McNaughtonSenior Director Business Development, Liberty Defense613-292-3669imcnaughton@libertydefense.com

FORWARD-LOOKING STATEMENTSWhen 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.

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