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Patriot One Technologies Inc. (PTOTF)

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0.4516-0.0084 (-1.83%)
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Neutralpattern detected
Previous Close0.4600
Open0.4430
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.4236 - 0.4645
52 Week Range0.3500 - 1.2500
Volume153,122
Avg. Volume120,080
Market Cap65.979M
Beta (5Y Monthly)0.96
PE Ratio (TTM)N/A
EPS (TTM)-0.1110
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • iDENT and Limitless Integrations Adds PATSCAN Platform to its Mobile Onsite Detection System for Stadiums & Event Venues
    GlobeNewswire

    iDENT and Limitless Integrations Adds PATSCAN Platform to its Mobile Onsite Detection System for Stadiums & Event Venues

    The iDENT MODSTM to Use Patriot One’s Threat Detection Solutions to Help Instill Event Goer Confidence to Return to Their Favorite Entertainment and Sporting Programs MODS front view Mobile Onsite Detection System MODS viewed from above Mobile Onsite Detection SystemTORONTO, Nov. 24, 2020 (GLOBE NEWSWIRE) -- iDENT LLC and Limitless Integrations LLC announced the launch of the patent pending iDENT MODSTM (Mobile Onsite Detection System) that will include Patriot One Technologies Inc.’s (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One”) PATSCAN Multi-Sensor Threat Detection Platform with specific modules for the early detection of weapons and potential-health related threats, such as viruses. The iDENT MODS unit has been designed to be used in key public gathering locations, such as stadiums, arenas, entertainment venues, and other secure facilities. Leaders from the entertainment, professional sports, and events industries have expressed great interest in the iDENT MODS units, and its inclusion of the PATSCAN Platform, to ensure a safe and secure environment for their patrons. The solution will be showcased over the next several months, with the intent to restore trust and confidence to their customers and allow staff and talent to return to work and play.Photos accompanying this announcement are available at:https://www.globenewswire.com/NewsRoom/AttachmentNg/5379ef59-b1b1-44a2-b185-fc17ad303d2bhttps://www.globenewswire.com/NewsRoom/AttachmentNg/2416a94b-9d0c-40a9-a212-ed96a7789933The iDENT MODS unit was specifically designed in response to key entertainment and professional sports clients who were looking for an all-inclusive physical threat and health safety solution that could be used to re-open their venues safely and securely. The goal was to minimize time and inconvenience for all event goers, and venue staff at onsite security checkpoints, while providing enhanced safety and security at the venue.“These iDENT MODS offer event promoters and venue operators a touchless and frictionless security screening process for up to 1800 people per lane per hour,” explained Albert Reynolds, iDENT’s COO and Co-founder. “Our two (2) or six (6) lane units offer great options for front of house or back of house screening to ensure customer, staff and talent safety and security as they attend their favorite programs.”By incorporating the PATSCAN Platform’s innovative AI-powered threat detection solutions, visitors to event or sports venue can be quickly screened for visible and concealed threats at the outer perimeter of facilities’ plazas, so when entering the secure area all are ensured a great experience. The PATSCAN solutions leverage advanced AI capabilities, correlating data from multiple sensing devices, in near-real time, allowing for very high accuracy, and a pre-emptive approach to minimizing or eliminating risk. By looking for, and identifying risks first, and then identifying individuals, the solution also protects all attendee’s privacy and civil liberties. If a threat is detected, whether associated with weapons, or health risks, onsite security will be immediately notified, and the individual will be flagged for additional screening before gaining access to the stadium or arena. “Opening up event venues is critical to our communities from both an economic and social perspective,” expressed Peter Evans, CEO of Patriot One, “Incorporating our PATSCAN platform threat detection solutions into these mobile onsite detection units not only provides entertainment, hospitality and retail businesses the opportunity to return to work, but it also provides event goers the confidence that they will be safe and secure as they return to their favorite entertainment and sporting events.”The iDENT MODS are constructed from mobile shipping containers, which can be transported from one venue to another, and be quickly deployed. Event goers, along with onsite venue staff and talent, simply walk through a mobile checkpoint in 4 simple steps without the need to empty their pockets of keys, cellphones, wallets, change or other personal items. * Step 1: As an event attendee approaches the iDENT MODS unit the PATSCAN VRS Weapon & Facial Mask video detection solutions identify potential visible threats in real-time. * Step 2: As the attendee passes through the unit, the PATSCAN MSG multi-sensor gateway instantly scans for concealed weapons, such as larger knives, guns and rifles. * Step 3: As the concealed weapon scan is taking place, the PATSCAN VRS-T solution scans for elevated body temperature, which may indicate a viral threat. * Step 4: As the event attendee prepares to leave the iDENT MODS unit, they swipe their event ticket across the contactless ticketing system. Saffire Tix and blockchain-based Health Passport from GetChkd Inc. have combined their technologies to create a portable contactless ticketing solution, which can be linked to an at home or on-site point of care test. Venues could require a negative COVID-19 test, health screening questionnaire, proof of identity and a temperature scan before an event goer and staff can attend and enter a stadium or an arena. * Threat Detected? If at any time during this 4-step screening process a threat should be detected, then onsite security are notified in real-time, and can move the individual to a secondary screening areas for further investigation prior to providing event access. See how simply the iDENT MODS Unit works (click: www.identmods.com) As highlighted above, the unveiling of the iDENT MODS unit will take place over the next few months with iDENT, Patriot One and executives from entertainment, events and sports facilities. Each potential client will see the working iDENT MODS unit and discuss their specific use cases and facility needs.Respectfully“Albert Reynolds”Albert Reynolds, COO & Co-Founder, iDENT LLC “T.J. Dooley”T.J. Dooley, CEO & Co-Founder, Limitless Integrations LLC “Peter Evans”Peter Evans, CEO, Patriot One TechnologiesAbout iDENT LLC iDENT, LLC was formed to help create a seamless network between those who develop life-saving technology, those who deploy it, and those who can utilize it. Acting as the keystone between technology and application; iDENT has played a vital role in connecting industry-leading companies. Through open communication and exceptional service, we will assist your team in finding the right solution to fit your needs.  We are experts when it comes to designing the safest and most secure environments possible and can handle everything from design & delivery to implementation and servicing. To learn more about iDENT, LLC, visit us on the web at: https://www.identtech.com/ or follow us on social media on Facebook, LinkedIn, Twitter, and Instagram.About Limitless Integrations LLC Limitless Integrations LLC offers high-quality, reliable commercial/industrial security and safety services in the Ohio/Kentucky/Indiana Tri-State Midwest region. The firm offers reliable and professional security and safety solutions for large venue and private facilities, including the iDENT MODS mobile onsite detection system with partner iDENT LLC of California. The team is made up of highly trained, high quality engineering staff for technology and security system deployments and is committed to providing a comprehensive full suite of services to its clients. To learn more, visit limitlessintegrations.comAbout Patriot One Technologies Patriot One’s mission is to deliver innovative threat detection and counter-terrorism solutions for safer communities. Our PATSCAN™ Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next generation AI/machine learning software. The network can be covertly deployed from far perimeter to interiors across multiple weapons-restricted facilities. The PATSCAN™ platform identifies and reports threats wherever required; car park, building approach, employee and public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances, or potential health and safety threats for immediate security response. Our motto Deter, Detect and Defend is based on the belief that widespread use of the PATSCAN™ platform will act as an effective deterrent to diminish the epidemic of active threats around the globe. For more information, visit: www.patriot1tech.com or follow us on Twitter and Facebook.For further information, please contact: iDENT Sales Albert Reynolds, III, Sales Albert@identtech.com 916-529-5715Eli Covell, Sales Eli@identtech.com 530-412-0400iDENT Investor Relations Mark Cordano, Investor Relations Mark@identtech.com 916-600-4245iDENT Marketing Brett Aitkenhead, Media/Marketing Brett@identtech.com 619-307-3839iDENT Email us at info@identtech.com Main Office: 916-741-3311Limitless Integrations LLC T.J. Dooley, CEO & Co Founder +1-513-319-9986Patriot One Investor Relations John Martin, Patriot One Technologies +1 (888) 728-1332 johnm@patriot1tech.comPatriot One Media Contacts: Scott Ledingham, Patriot One Technologies +1-613-806-7135 scott@prmedianow.comPatriot One Technologies Inquiries info@patriot1tech.com www.patriot1tech.comCAUTIONARY DISCLAIMER STATEMENT: No securities exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to system sales, product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects”,” believes”, and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include counterparty default and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

  • Patriot One’s AI-powered PATSCAN Platform deployed at the Plaza Hotel & Casino in Downtown Las Vegas
    GlobeNewswire

    Patriot One’s AI-powered PATSCAN Platform deployed at the Plaza Hotel & Casino in Downtown Las Vegas

    TORONTO, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”) maker of the PATSCAN Multi-Sensor Threat Detection Platform, announces the deployment of its Platform at the Plaza Hotel & Casino. The Plaza Hotel & Casino will begin its Phase 1 deployment of the PATSCAN Platform, offering increased security and safety for resort guests, staff and partners. In addition to the PATSCAN VRS component of the Platform for the detection of visible and invisible threats, such as weapons, disturbances, elevated body temperature identification and facial mask detection, the Plaza will also deploy Patriot One’s new PATSCAN Multi-Sensor Gateway for concealed weapon detection.“We’re excited to bring this new innovative, AI-driven threat detection technology to the Plaza,” said Jay Franken, general manager of the Plaza Hotel & Casino. “Popular for a classic Vegas experience and conveniently located at the top of the Fremont Street Experience, the Plaza Hotel & Casino typically welcomes thousands of guests a day. So, we are pleased to be the first in the downtown area to implement new physical and health security solutions to better protect our guests and staff.”“We’re excited to be working with the Plaza Resort & Casino in downtown Las Vegas,” shared Dietmar Wennemer, President and COO for Patriot One. “Our business development team has been working with a number of Las Vegas resorts and casinos since setting up operations in the city back in December 2017. With the commercialization of our PATSCAN Platform early this summer, and the re-opening of the resorts and casinos, we’re seeing an increase in interest for our solutions, including our elevated body temperature solution, which can assist in identifying potential viral threats. The Plaza has moved quickly, and we’ll begin deploying this quarter for the upcoming holiday season, including the Plaza’s New Year’s Eve fireworks celebration.”In addition, the Company has plans to undertake a corporate awareness campaign to raise its profile in the U.S. domestic investment community, and has engaged Winning Media, LLC (“Winning Media”) to provide Patriot One with a breadth of targeted digital media and corporate brand recognition initiatives. Winning Media is a Houston, Texas – based marketing agency that specializes in digital and corporate brand marketing services to enhance corporate visibility and retail investor awareness. The agency will handle specific functions of digital distribution of public information relating to the Company. Winning Media and its principals do not have any direct or indirect equity interest in the Company and will not receive any securities of the Company as compensation for their services.About Patriot One Technologies Patriot One's mission is to deliver innovative threat detection and counter-terrorism solutions for safer communities. Our PATSCAN™ Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next generation AI/machine learning software. The network can be covertly deployed from far perimeter to interiors across multiple weapons-restricted facilities. The PATSCAN™ platform identifies and reports threats wherever required: car park, building approach, employee & public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances, or potential health and safety threats for immediate security response. Our motto Deter, Detect and Defend is based on the belief that widespread use of the PATSCAN™ platform will act as an effective deterrent to diminish the epidemic of active threats around the globe. For more information, visit: www.patriot1tech.com or follow us on Twitter and Facebook.About the Plaza Hotel & Casino Located in the heart of downtown Las Vegas, the Plaza Hotel & Casino combines a vintage Rat Pack attitude with modern styling and personal customer service for the ultimate Vegas experience. First opened in 1971 and built on the site of the original Las Vegas railroad depot, the Plaza has nearly 1,000 renovated rooms and suites, a classic Vegas showroom, downtown’s only bingo hall, and 30,000 square feet of refurbished ballroom and meeting space. Larger outdoor events are hosted at the Plaza’s Core Arena, downtown’s only equestrian and multipurpose facility. Guests enjoy a variety of dining options led by the renowned Oscar’s Steakhouse in the hotel’s iconic glass dome overlooking the Fremont Street Experience. Hundreds of slot machines and nearly two dozen table games comprise an 80,000-square-foot casino floor, which is also home to downtown’s largest race and sports book. A fully renovated rooftop pool and recreation deck, complete with private cabanas, hot tub, food truck, tennis court and dedicated Pickleball courts, provide a variety of outdoor amenities. For more information on the multiple award-winning Plaza Hotel & Casino, visit www.plazahotelcasino.com.For further information, please contact: Plaza Hotel & Casino Inquiries Amy E. S. Maier amy@twgpr.com 702-904-0296Patriot One Technologies Inquiries info@patriot1tech.com www.patriot1tech.comInvestor Relations John Martin, Patriot One Technologies                         +1 (888) 728-1332                                         johnm@patriot1tech.com                                        Media Contacts: Scott Ledingham, Patriot One Technologies                         +1-613-806-7135                                          scott@prmedianow.comCAUTIONARY DISCLAIMER STATEMENT: No securities exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to system sales, product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects”, “believes”, and similar expressions. All statements, other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include counterparty default and other risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

  • Patriot One Appoints Peter Evans as CEO
    GlobeNewswire

    Patriot One Appoints Peter Evans as CEO

    TORONTO, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”)  is pleased to announce the appointment of Peter Evans as Chief Executive Officer ("CEO"), effective on Monday, November 16, 2020.  Mr. Evans succeeds Martin Cronin who will remain on as a director of the Company.  Mr. Evans brings over 25 years of experience working with venture-backed and public companies in executive leadership, operations and board roles. As an experienced executive in the security industry, Mr. Evans has demonstrated a track record for success in revenue growth and profitability, as well as identifying and developing new market opportunities, within start-up, Fortune 500, and rapidly-changing enterprises.“Peter has a deep understanding of critical business drivers for tech-enabled solutions and SaaS business models, including in the security space,” expressed Peter Van Der Gracht, Chair of Patriot One’s board of directors. “His ability to leverage digital transformation into operational acceleration is one of the key skill sets that led us to our hiring decision. We are truly excited by his wealth of experience in SaaS and cloud services, artificial intelligence and machine learning, cyber security, telecom, and datacenter technology operations, and look forward to seeing great results with him leading Patriot One forward in the coming years.”“I am excited to join the Patriot One team to lead the business into this new growth phase and capitalize on the extraordinary value contained within this exceptional technology,” expressed Peter Evans. “It’s exciting to be part of such an innovative and disruptive company that has built a broad portfolio of solutions poised for growth by addressing critical security concerns across our communities and businesses. By leveraging innovation, data and AI capabilities, Patriot One is well positioned to digitize traditional labor-based security models, and deliver higher efficacy, accuracy, and cost-effectiveness to both public and private enterprises. I am very excited to be a part of this journey together with our employees, partners, shareholders, and most importantly, our customers”.Peter Evans will join fellow senior executives, Dietmar Wennemer, President and COO, and Karen Hersh, CFO, at the Company’s Corporate Headquarters in downtown Toronto, Ontario.About Patriot One TechnologiesPatriot One’s mission is to deliver innovative threat detection and counter-terrorism solutions for safer communities. Our PATSCAN™ Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next generation AI/machine learning software. The network can be covertly deployed from far perimeter to interiors across multiple weapons-restricted facilities. The PATSCAN™ platform identifies and reports threats wherever required; car park, building approach, employee and public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances, or potential health and safety threats for immediate security response. Our motto Deter, Detect and Defend is based on the belief that widespread use of the PATSCAN™ platform will act as an effective deterrent to diminish the epidemic of active threats around the globe. For more information, visit: www.patriot1tech.com or follow us on Twitter and Facebook.For further information, please contact: Patriot One Technologies Inquiries info@patriot1tech.com www.patriot1tech.comInvestor Relations John Martin, Patriot One Technologies                         +1 (888) 728-1332                                         johnm@patriot1tech.com                                        Media Contacts: Scott Ledingham, Patriot One Technologies                         +1-613-806-7135                                          scott@prmedianow.comCAUTIONARY DISCLAIMER STATEMENT: No securities exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to system sales, product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects”,” believes”, and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include counterparty default and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.