Patriot One Technologies (TSX: $PAT.TO) (OTCQX: $PTOTF)
AI subsidiary Xtract Technologies collaborating with Amazon Web Services
(NASDAQ: $AMZN), VGH, UBC and SapienML, @patriot1tech
VANCOUVER, BC
– May 29 , 2020 -- Investorideas.com Newswire and Homelanddefensestocks.com -Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL)wholly-owned subsidiary Xtract Technologies (“Xtract AI”) is collaborating with Amazon Web Services (AWS), Vancouver General
Hospital (VGH), the University of British Columbia (UBC), and SapienML among
others in the development of an Artificial Intelligence (AI) solution to help
radiologists identify the increased risk of the COVID-19 virus.
Read this news featuring PATRIOT ONE in full at https://www.investorideas.com/news/2020/defense/05291PatriotOne-Xtract-AMZN-VGH-UBC-SapienML.asp
The project is being led by Dr. Savvas Nicolaou
and Dr. William Parker and is supported by the UBC Community Health and
Wellbeing Cloud Innovation Center (UBC-CIC), powered by Amazon Web Services
(AWS). The UBC-CIC’s mission is to: solve real-world challenges that materially
benefit British Columbia, Canada and the world, by engaging and collaborating
with stakeholders in Community Health and Wellbeing innovation challenges and
make the solutions available open source globally. Additional support for the
project is being provided by the Vancouver Coastal Health Research Institute
(VCHRI).
Data is being used from CT and X-ray scans
obtained from around the world, with annotations from a group of 14
radiologists volunteering their time. The annotators are labelling the images
to segment them into three classes: background, normal lung, and Ground Glass
Opacity (GGO). The percentage of lung volume affected by GGO is a leading
indicator for COVID-19, and the development of an automated approach to assess
this can greatly assist medical practitioners to quickly diagnose early onset
of the virus.
Using these labeled images, the Xtract AI team
is training innovative 3D residual networks, a particular style of AI
algorithm, to automatically identify GGO volumes in the lungs and compare them
with the total volume of the lungs. The ratio of affected lung, and thereby an
indicator for COVID-19, in new patients can then be calculated from analyzing
CT and X-ray images of their lungs. The team will continue to improve the model
as more data becomes available, with the aim of achieving >90% diagnostic
accuracy.
“AI models are not magic, but this model we’ve
developed is an open source gift to start answering questions” said Dr. William
Parker, who is leading the project, and is a radiology resident at UBC. “If we
are going to get to the point of helping patients, we need to know the
strengths and weaknesses of the models, and we need to have an understanding that
not all models are created equal. The goal of our AI model is to drive feedback
so that we can improve the model and make it available for clinical use in the
fall of 2020.”
The model has been released under an open source
license, to be shared with health care facilities worldwide to help early
diagnosis of COVID-19 patients.
Martin Cronin, CEO of Patriot One Technologies
said “This is an incredibly important project, which we are proud to be a
collaborator on, and we hope that our team and technology can provide a
meaningful addition to the ongoing efforts to minimise COVID-19’s impact on the
world.”
About
XTRACT TECHNOLOGIES INC - a subsidiary of Patriot One Technologies
Xtract AI develops and commercializes artificial
intelligence, machine learning, deep neural networks and predictive solutions
utilizing advanced technology for public institutions and private enterprise. The firm has an award winning, highly
skilled team that develops AI solutions to solve challenges across
computer vision (CV), natural language processing (NLP), anomaly detection, and
time-series analysis for applications ranging from security and defence to
environmental solutions and healthcare. For more information on building your
AI solution, visit: xtract.ai
About Patriot One Technologies Inc. (TSX:PAT) (OTCQX: PTOTF) (FRA: 0PL):
Patriot Ones' 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.
For
further information, please contact:
Media
Contacts:
Scott Ledingham, Patriot One Technologies
+1-613-806-7135
scott@prmedianow.com
Scott Ledingham, Patriot One Technologies
+1-613-806-7135
scott@prmedianow.com
CAUTIONARY
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.
Paid News -Disclaimer/Disclosure: Investorideas.com
is a digital publisher of third party sourced news, articles and equity
research as well as creates original content, including video, interviews and
articles. Original content created by investorideas is protected by copyright
laws other than syndication rights. Our site does not make recommendations for
purchases or sale of stocks, services or products. Nothing on our sites should
be construed as an offer or solicitation to buy or sell products or securities.
All investment involves risk and possible loss of investment. This site is
currently compensated for news publication and distribution, social media and
marketing, content creation and more. Contact each company directly regarding
content and press release questions. Disclosure is posted for each compensated
news release, content published /created if required but otherwise the news was
not compensated for and was published for the sole interest of our readers and
followers. Disclosure : this news release featuring TSX: PAT is a paid for news
release on Investorideas.com ($750) More disclaimer info:
https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our
other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Please
read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
About
Investorideas.com
Sign up for free
stock news alerts at Investorideas.com
Get more Defense
Stock Investor Ideas
