Liberty Defense Holdings Ltd SCAN

TVX: SCAN | ISIN: CA53044R2063   15/11/2024
0,060 CAD (0,00%)
(0,00%)   15/11/2024

Liberty Defense Announces Sale of HEXWAVE to Indiana Courthouse for Enhanced Threat Detection

ELKHART, Ind. and WILMINGTON, Mass., July 5, 2023 /PRNewswire/ - 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 received a purchase order for multiple HEXWAVE™ systems from Elkhart County, Indiana.

Elkhart County will deploy the HEXWAVE walkthrough system for detection of concealed weapons and threats at multiple entrances to a new courthouse opening in 2024. The courthouse may use HEXWAVE in 2023 in its existing location to begin taking advantage of the system's enhanced detection of metallic and non-metallic threats and more seamless visitor and employee screening. The HEXWAVE system does not require people to divest benign items like cell phones, keys, wallets, and steel toe boots, unlike traditional metal detectors in use.

"The state of Indiana is issuing a mandate that facilities need to have a security plan in place by next year that includes the detection of a broader range of prohibited items," said Bill Frain, CEO of Liberty Defense. "We are excited to be working with Elkhart County to provide enhanced security screening to the new courthouse. We are certainly seeing greater demand for HEXWAVE's seamless people screening detection at courthouses and other critical infrastructure checkpoints."

Elkhart County receives approximately 1,200 people per day, and its security protocol currently includes full divesting before walking through a metal detector and placing bags on X-ray machines.

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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/liberty-defense-announces-sale-of-hexwave-to-indiana-courthouse-for-enhanced-threat-detection-301869966.html

SOURCE Liberty Defense Holdings Ltd.

Mijn selecties