Point Security to sell Liberty's next
generation threat detection HEXWAVE system to the US aviation
market.
WILMINGTON, Mass., Jan. 10,
2024 /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 it has entered into a strategic
non-exclusive distribution agreement with Lexington, North Carolina based Point Security
Inc. to introduce HEXWAVE™ to US airports. Point Security has
30 years of experience in the sale, rental, and service of
checkpoint security equipment.
As part of the distribution agreement Point Security will add
the HEXWAVE walkthrough people screening system, which uses AI and
machine learning to seamlessly detect weapons and other threats in
real-time, to its diverse security equipment and services
portfolio.
"We are excited to partner with Liberty Defense to bring HEXWAVE
to the aviation worker market," said Brian
Holland, President, and CEO. "The HEXWAVE system was
selected as the perfect complement to our existing security
services, and we believe that incorporating cutting-edge
walkthrough screening technology to detect the non-metallic and
metallic threats out there will help existing and new customers
stay ahead of tomorrow's threats."
"We are thrilled to partner with Point Security Inc., a
recognized leader in the US security industry. We share a similar
vision of deploying next generation capability with a focus on
detection while providing a better experience for security," said
Bill Frain, CEO of Liberty Defense.
"We are extremely pleased that Point Security chose HEXWAVE to
enhance their aviation worker security offering with detection of
the latest threats like non-metallic explosives and 3D printed
ghost guns. Point Security has a significant existing aviation
security portfolio, and we look forward to working with them to
expand our reach to the market and the resulting revenue growth
potential that this partnership brings."
For updates and news, please visit the Company website to
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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 system uses millimeter wave, advanced 3D imaging,
and AI technologies that have been secured under exclusive license
and developed proprietarily to automatically detect all types of
concealed metallic and non-metallic weapons and other prohibited
items. Liberty is also developing the next generation of aviation
passenger screening with the millimeter wave-based, High-Definition
Advanced Imaging Technology (HD-AIT) body 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
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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.
SOURCE Liberty Defense Holdings Ltd.