WILMINGTON, Mass., July 13,
2023 /CNW/ - Liberty Defense Holdings Ltd.
("Liberty" or the "Company") (TSXV: SCAN) (OTCQB:
LDDFF) (FRANKFURT: LD2A), a leading technology provider of AI-based
next generation detection solutions for concealed weapons and
threats, is pleased to announce that it has partnered with GRASP
Innovations to expand the Company's presence in Europe. GRASP will be a distributor of
HEXWAVE™ for urban security markets, including critical
infrastructure, checkpoints for correctional facilities, borders
and customs, military police, as well as stadiums and rail
applications. Liberty Defense and GRASP have also agreed to work
together to utilize the HEXWAVE and GRASP's cutting-edge digital
technology to develop a touchless, autonomous checkpoint screening
solution.
GRASP Innovations is an Amsterdam-based solutions provider specialized
in optimizing and automating processes in the aviation and security
industry. Their goal is to optimize the use of resources and
infrastructure in any given situation, enabling professionals to
take immediate action, if necessary, to get control and solve
problems before they arise. GRASPs solutions include data
management and automation solutions for security checkpoints and
access control automation, utilizing unique sensor technology.
Their experts identify new growth opportunities for smart cities,
corporations, and airports by using data, analytics, and artificial
intelligence.
"The team at GRASP has over 10 years' experience deploying
innovative and state of the art screening technologies for security
checkpoints," said Bill Frain, CEO
of Liberty Defense. "CEO Robert
Schuur is an ambitious thought leader and driver for
innovation. We share Robert's vision for next generation security
applications, providing a comprehensive security screening solution
using HEXWAVE for effective and efficient detection and ease of
use."
HEXWAVE technology uses millimeter wave, advanced 3D imaging,
and AI to detect concealed metallic and non-metallic weapons such
as liquid, plastic, and powder explosives, 3D printed guns, and
other prohibited items – without having to divest common items like
cell phones or keys.
"I am very excited to be working with the Liberty team as they
look to bring their next generation HEXWAVE to the European
market," said Robert Schuur. "This
partnership provides the customer unparalleled access to our
experience in the security industry, and with Liberty's expanded
product portfolio and experienced team, together we will be able to
provide curb-to-gate screening for the urban security
industry."
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: SCAN, OTCQB:
LDDFF, FRANKFURT: 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.