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Patriot One Technologies Announces Intent to Rebrand the Company, Canadian Business Journal

TORONTO, November 17, 2022 (GLOBE NEWSWIRE) — Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRA: 0PL) (“Patriot One” or the “Company”) today announced that: This includes changing our company name to more accurately reflect our vision of creating a world where great (patron) experiences and safety go hand in hand. Patriot One will become Xtract One Technologies Inc., demonstrating our ability to be a single source of digital innovation solutions that deliver advanced customer experience, security and business insight.

“Over the past year, we have become a more customer-centric company, evolving the company to address our customers’ most complex security challenges,” said Patriot One CEO Peter Evans. “Our brand is the latest in a company that advances technology, including all the ways the company presents itself in its message, including the website, content, and indeed our name. We took concrete steps to showcase our technology as an advanced solution for the entire physical security industry. We will further strengthen this vision and expand to provide added value to that customer experience.”

Patriot One has customers in a variety of industries, including arenas and stadiums, manufacturing plants and government agencies, highlighting the need for advanced weapon detection and threat prevention wherever people gather. The company focuses on providing people and patrons with a superior experience while ensuring safety in an integrated and harmonious manner. People want security more than ever, and Patriot One is part of the answer.

Over the past 18 months, Patriot One has refocused its product offering and go-to-market strategy, invested in a highly skilled team, and established itself as a trusted security provider and innovation partner to its customers. . Rebranding aligns a company’s public image with its internal strategy. This is an important step in our efforts to strengthen our portfolio of solutions to meet our customers’ growing technology needs. We are the leader in enhanced customer experience in conjunction with weapons and threat detection. With this change, the company’s AI and development arm, Xtract AI, will also become a fully integrated part of the organization.

“A lot of people have asked us why we named it ‘Xtract One,’” continues Evans. “For me, it completely captures what we do: take hundreds, if not thousands of data points and help customers meet their business security requirements efficiently and effectively. Extract from his one key insight you need to execute.”

From time to time, we will provide updated information regarding changes to our company name and stock symbol prior to the effective date.

For more information, please visit https://patriot1tech.com/.

About Patriot One Technologies
Patriot One Technologies provides unobtrusive artificial intelligence AI-driven weapons and threats that enable arenas, casinos, schools, theaters and other businesses to provide unprecedented safety while enhancing the patron experience. Manufactures detection systems. The company’s gateways allow businesses to covertly screen weapons at points of entry without disrupting the flow of traffic, and its AI-based video recognition system allows venue and building operators to monitor weapons inside and outside the facility. and other threats, providing valuable information. Intelligence to optimize operations via an AI-powered platform. Follow us on Twitter @patriot1tech.

For more information, please contact:

Contact Patriot One Technologies
[email protected]
www.patriot1tech.com

media contact
Caroline Metel, Three Rings
[email protected]

Investor Information Inquiries
RB Milestone Group
[email protected]

Attention Disclaimer:
No stock exchange has reviewed and is not responsible for the adequacy or accuracy of the contents of this news release. This news release contains forward-looking statements within the meaning of applicable securities laws and historical Contains other statements that are not factual. Forward-looking statements often use terms such as “will,” “may,” “should,” “anticipate,” “expect,” “believe,” and Identified by analogy or negation of terms or other similar terms. All statements other than statements of historical fact contained 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 projected by such statements. Significant factors that could differ materially include risks detailed from time to time in our securities regulatory filings. Readers are cautioned that the assumptions used in preparing the forward-looking information may prove to be incorrect. Actual results may differ materially from projections due to events and circumstances. It is the result of a number of known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s control. Readers are cautioned not to place undue reliance on forward-looking information. Although such information was believed to be reasonable by management at the time it was prepared, it may prove to be inaccurate and actual results may differ materially from expectations. Any 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 we make forward-looking statements only as expressly required by applicable law. publicly update or revise any forward-looking statements;

No stock exchange or commission has considered or is responsible for the adequacy or accuracy of this release. Name and stock symbol changes are still subject to regulatory approval.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/61e79a6b-dc59-433e-a9be-55ce89c9f183.


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Patriot One Technologies Announces Intent to Rebrand the Company, Canadian Business Journal

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