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Recent News Highlights the Growing Market for Patriot One Technologies, Inc.’s (TSX.V: PAT) (OTCQB: PTOTF) High Technology Device

  • Company’s PATSCAN™ Cognitive Microwave Radar (CMR) detects concealed weapons and identifies new threats
  • Report: Airport security market $9 billion in 2016, projected compound annual growth rate (CAGR) of 7%, 2016–2024
  • Martin Cronin, CEO, calls technology “game changing” in deterring violence before it happens

Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF) offers technology that can help detect and prevent the numerous near-miss attempts at public areas, such as airports. Recently, a bomb in a glass jar was left in Asheville, North Carolina, regional airport (http://nnw.fm/f7pAE). The FBI was called, neutralized the improvised explosive device, and began hunting for the individual or persons who left it.

Airport security cameras had surveillance footage of the man who left it, then they found a branded bag in the woods from a local sporting goods retailer. They eventually tracked the suspect down through purchases of the bomb making equipment there and at other big box stores. They arrested the suspect and he is in custody.

This is only one example of a near-miss from an improvised bomb. These acts are not as rare as you might think. The article points out that, in just the past year:  explosive devices were left in a hotel in Denver; improvised explosives were found in a Target store in Florida; and man-made bombs that exploded — but did not hurt anyone — were found at a medical center in Georgia. The article suggests that such incidents, though increasingly common, don’t often get as much press coverage unless they are linked to foreign terrorists, and hinted at press bias. Just in airports alone, the security market is estimated at $9 billion in 2017 with a 7% CAGR, 2016–2024, by researcher Global Market Insights (http://nnw.fm/9QmSy). But the product can also be used in hotels and other public areas.

Patriot One Technologies is a Vancouver, Canada-based company with a device that has advanced technology that can detect concealed weapons before an incident can occur. It has developed the PATSCAN™ CMR (Cognitive Microwave Radar), designed to deter, detect, and defend against active shooter threats before they happen. Once deployed, it has the ability to learn and identify new threats. The device had been developed through a NATO-funded project at McMaster University. It has already been awarded the Federal Communications Commission (FCC) Declaration of Conformity certification. The company’s goal is to become a world class enterprise to increase public safety and deter acts of violence on a worldwide basis.

Martin Cronin, CEO of Patriot One Technologies, said that his firm is now working with the Westgate Resort in Las Vegas to employ one of its systems (http://nnw.fm/R6l2Y). “There’s just such a crying need for solutions to mass violence,” he told the Fox Business Network after the shooting at Mandalay Bay. He said that his company’s systems can be placed discreetly — under floorboards, behind walls or above ceilings. Pulses from its CMR can then detect suspicious hotel guests carrying concealed knives, guns or bombs, he said.

Cronin said that his firm offers “game changing” technology that helps in “detecting the presence of threats coming into a facility.” He added that new security measures should not impede free movement and our “fundamental way of life.” He added that Patriot One Technologies offers an “unobtrusive way of detecting concealed weapons when someone passes through a sensor.”

For more information, visit the company’s website at www.Patriot1Tech.com

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