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Tuesday, February 11, 2020

#Security #Stocks News: Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Appoints Chartered Professional Accountant Lea M. Ray to its Board of Directors; @patriot1tech

#Security #Stocks News: Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Appoints Chartered Professional Accountant Lea M. Ray to its Board of Directors; @patriot1tech

TORONTO, ON – February 11, 2020 (Investorideas.com Newswire, Homelanddefensestocks.com ) -- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF)   (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of the PATSCAN™ Multi-Sensor Covert Threat Detection Platform, is pleased to announce the appointment of  Lea M. Ray to its Board of Directors.


Lea M. Ray is a Chartered Professional Accountant ("CPA") and brings with her a great deal of corporate leadership and financial management experience. She is a both a CPA and ICD.D certified director and she will Chair the Company's Audit Committee. Lea is a seasoned board member who serves on multiple boards for public, private and not-for-profit organizations in leadership roles, including chair of audit committees for several TSX listed companies. Her knowledge of board governance, regulatory affairs and capital markets makes her an ideal candidate for the Audit Committee Chair position. Lea’s financial experience with global corporations began with PricewaterhouseCoopers and she is a former Vice-President Corporate Finance of Warner Bros. Entertainment Canada Inc. Her education includes a Bachelor of Commerce from Odette School of Business, University of Windsor, Ontario, Canada. In her free time, Lea is a member of the Ontario Beekeepers’ Association and a volunteer for several other conservation/environmental groups.

“We are excited to add Lea to our Board of Directors and to Chair our Audit Committee,” expressed Peter van der Gracht, Chairman of the Board of Patriot One. “Lea’s extensive strategic and business judgement, gained particularly through her previous board chair and committee chair roles on TSX-listed companies, makes her an ideal fit for this deployment and growth phase of Patriot One.  In addition to the Audit Committee, Lea will become a member of the Board’s Governance Committee, and will help ensure the Company stays compliant with regulatory, capital and accounting practices.” 

“I am honored to be joining the board of such an impressive, innovative and forward-thinking company” explained Lea Ray. “Being part of a team creating the solutions to address and pre-emptively stop terrorist and active assailant tragedies the world has suffered from these past few decades is very humbling.  I look forward to working with such a distinguished and passionate board, leadership team and staff in making Patriot One’s global vision of building safer communities a reality.”

Lea Ray began her duties as a Director on Patriot One’s Board last Friday, February 7, 2020.

On Behalf of the Board,

“Peter van der Gracht”

Peter van der Gracht
Chairman of the Board  

About Patriot One Technologies Inc. (TSX:PAT) (OTCQX: PTOTF) (FRA: 0PL):
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 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

Investor Relations
John Martin, Patriot One Technologies                         
+1 (888) 728-1332                                         
johnm@patriot1tech.com                                           
                             
Media Contacts:
Scott Ledingham, Patriot One Technologies                           
+1-613-806-7135                                           

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, board composition, 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.

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
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#Defense #Stock News- A2Z Technologies Canada Corp. (TSXV: $AZ.V) Awarded $1.5M, Three-Year Contract with Israel’s Ministry of Defense; @A2Z_Advanced

#Defense #Stock News- A2Z Technologies Canada Corp. (TSXV: $AZ.V) Awarded $1.5M, Three-Year Contract with Israel’s Ministry of Defense; @A2Z_Advanced




Vancouver, BC, February 11, 2020 –(Investorideas.com Newswire, Homelanddefensestocks.comA2Z Technologies Canada Corp. ("A2Z" or the "Company") (TSXV: AZ) announced today that the Israeli Ministry of Defense (“MOD”) has awarded the Company a three-year contract for CAN $1.5 million that will be paid over the life of the contract.


Under the terms of the contract the Israeli MOD will be leasing A2Z’s products and equipment for which A2Z will be responsible for maintenance for the duration of the contract. The equipment will remain the property of A2Z throughout. At the end of the contract the company will be able to determine how to best position the assets going-forward. There is also significant potential for a new contract for the same services #following the end of the three-year contract period.

“We are extremely pleased to have been awarded this contract and the continued strength we are seeing in our technologies and service businesses. This contract is not only a significant source of recurring revenues for the next three years but also deepens our relationship with one of our most long-standing government partners. A2Z and the Israeli MOD have been working together for decades now, and with our new innovative FTICS technology, which we believe is "the next seatbelt" to make automobiles safer than ever, we look forward to continue protecting the lives of both military and civilian populations in future decades as well.” said Bentsur Joseph, CEO of A2Z.

Israel’s Ministry of Defense is the governmental department responsible for Israel’s security at the political, military, and civilian levels with their primary objective being to ensure the safety of Israel. The MOD also promotes research and development in security technologies and supports veterans and their families.

More on Israel’s Ministry of Defense:

About A2Z
A2Z Technologies Canada Corp. is an innovative technology company based out of Israel, specializing in military technology and expanding into the civilian markets. A2Z has been operating for over 30 years and has a client base with 75 recurring clients, including the Israel Defense Forces, Security Forces, and Ministry of Defence among others. A2Z plans to leverage their cash flow-generating core-business to expand into the civilian robotics and automobile markets.

According to Zion Market Research, the Military Robotics space is expected to reach $53.93B by 2027 for a projected CAGR of 13.5%.(Summary of Report)

Highlights:
Core Business: A2Z's line of products include unmanned remote-controlled vehicles of various sizes designed for intricate bomb disposal, counter terrorism, and fire fighting, as well as energy storage power packs/generators. A2Z also provides maintenance services to both external and in-house complex electronic systems and products to over 75 clients.

A2Z has been an Israel Ministry of Defense contractor for over 30 years and a significant portion of its business is long-term service contracts.

Expansion into Civilian Markets: To drive growth, A2Z plans to adapt its military technologies for the much larger civilian markets. One patent-pending product is a capsule (FTICS) that prevents vehicle fires resulting from collisions. A2Z has also been granted a patent for a smart vehicle cover device that protects automobiles from natural elements while the vehicle is parked and is stowed away safely in the vehicle's bumper when not in use.

Fuel Tank Inertia Containment System (FTICS): In the event of a collision, the FTICS installed into the fuel tank prevents the ignition of fuel, thereby mitigating the spread of fire and explosion, minimizing risk to human life and property damage. According to the NFPA, from 2014 to 2016, an estimated 171,500 highway vehicle fires occurred in the United States, resulting in an annual average of 345 deaths, 1,300 injuries, and $1.1 billion in property loss annually.

Management: CEO Bentsur Joseph's previous venture, Comfy Interactive, was acquired by Shamrock Holdings, the family investment firm founded by Roy Disney. Previously, Bentsur Joseph was the chairman of Elad Hotels whose holdings include the Plaza Hotel in New York City.  Bentsur Joseph has a ~64% ownership stake in the business with 30,000,000 shares subject to an escrow agreement.

For more information regarding A2Z, please visit the Company's website at www.a2zas.com.
Twitter: 
@A2Z_Advanced

On Behalf of the Board,Bentsur Joseph, CEO

Investor Relations ContactTrenton Kwan, KIN Communications
Toll Free: 1-866-684-6730
az@kincommunications.com

Neither 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 release.

This news release may include forward-looking statements that are subject to inherent risks and uncertainties. All statements within this news release, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those described in forward-looking statements. Factors that could cause actual results to differ materially from those described in forward-looking statements include fluctuations in market prices, including metal prices, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under applicable laws.

A2Z Technologies Canada Corp (TSXV: AZ) is a featured security and defense stock on Investorideas.com. Visit the profile page to learn more
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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions. Disclosure - A2Z Technologies Canada Corp. is a paid news and social media client on Investor Ideas starting February 4, 2020 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 Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
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Monday, February 10, 2020

The #AIEye: SoftBank’s Arm Launches #AI Chip for Tiny Devices, mCloud (TSXV: $MCLD.V) to Acquire AI Tech from AirFusion and Minerva Intelligence (TSXV: $MVAI.V) Completes Proprietary AI Development



The #AIEye: SoftBank’s Arm Launches #AI Chip for Tiny Devices, mCloud (TSXV: $MCLD.V) to Acquire AI Tech from AirFusion and Minerva Intelligence (TSXV: $MVAI.V) Completes Proprietary AI Development

White House to Propose “Doubling of AI R&D Funding” in 2021 Budget Proposal



Point Roberts WA, Vancouver BC – February 10, 2020  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today’s podcast:



Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (TYO:9984) (TSXV:MCLD) (TSXV:MVAI)

Arm Ltd, a subsidiary of SoftBank Group Corp. (TYO:9984), announced the launch of an AI chip for “tiny devices such as sensors designed to detect patterns in human speech or other streams of data,” according to a report from Reuters today. Today, the company released the new Cortex M55 processor coupled with its Ethos-U55 “neural processing unit,” though the report indicates that “chips with the technology” will not hit the market until next year. These chips will “aim to carry out the special kinds of math needed by artificial intelligence (AI) software that can detect vibrations or pick out spoken keywords from a user.”

mCloud Technologies Corp. (TSXV:MCLD) has signed a contract to acquire AI visual inspection and monitoring technologies from AirFusion, Inc. Dave Weinerth , mCloud's President, Smart Energy, commented:

"AirFusion's AI-derived results from wind turbine blade images are the best we have seen, reducing processing times by over 90% without compromising high accuracy. This acquisition in combination with AssetCare gives mCloud a serious competitive edge over other wind blade inspection providers."

One particular acquisition will be AirFusion’s Newton Engine, “which uses patent-pending AI to identify and classify damage from images of wind turbine blades.” This will be integrated into mCloud’s AI-powered AssetCare platform.

mCloud stock is very much in the green today, posting growth of about 6.7 percent at press time. For more on mCloud, check out the Investorideas.com podcast interview with the company’s CEO Russ McMeekin from March 2019, in which we discuss the AssetCare platform and its application in energy consumption.

In a corporate update released today, Minerva Intelligence Inc. (TSXV:MVAI) has announced that it has completed “the development of its proprietary artificial intelligence reasoning technology and is now implementing its strategy of delivering its solutions for commercial use through two primary product platforms: TERRA and GAIA.” TERRA is an AI mining suite comprising the following products:

     SolACE – Prepares data for cognitive AI and machine learning applications
     Target – Cognitive AI application for evaluation of surface exploration data
     DRIVER – Cognitive AI application for evaluation of mine and exploration drilling data
     LEO – Document management system optimised for interoperability with AI systems
GAIA allows users to generate and navigate hazard susceptibility, using cognitive AI capabilities to mimic “human-expert reasoning about natural hazards and provides explainable hazard assessments.” Scott Tillman, CEO of Minerva Intelligence, explained:

"2019 was focused on ensuring that our product suite was ready for market and that our team would be able to sere the needs of prospective clients. We have accomplished this and have launched into the commercialization phase of our business. We are looking forward to engaging with a number of customers and validate to the market the commercial applications of our unique technology."



White House to Propose “Doubling of AI R&D Funding” in 2021 Budget Proposal

A report from Reuters indicates that today The White House plans to propose a considerable increase in funding for artificial intelligence, as well as “quantum information sciences research and development in its 2021 budget proposal.” Specifically, this will entail a doubling of AI R&D funding from $973 million to nearly $2 billion by 2022. Though he declined to confirm the exact dollar amount, White House adviser and U.S. chief technology officer Michael Kratsios revealed in a statement that the budget will “ensure America continues to lead the world in critical technologies like AI and quantum. America’s economic strength and national security depend on it.”

Excluded from the previously mentioned figures are Defense Department spending on AI research. According to the report:

“The budget proposal on Monday will include a 70% increase for National Science Foundation (NSF) for AI-related grants and interdisciplinary research institutes, rising to more than $850 million…”

Sam Mowers, Investorideas.com


For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

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Breaking #Defense #Stock News - Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Appoints Chartered Professional Accountant Lea M. Ray to its Board of Directors, @patriot1tech

Breaking #Defense #Stock News - Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Appoints Chartered Professional Accountant Lea M. Ray to its Board of Directors, @patriot1tech



TORONTO, ON – February 10, 2020 (Investorideas.com Newswire, Homelanddefensestocks.com ) -- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF)   (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of the PATSCAN™ Multi-Sensor Covert Threat Detection Platform, is pleased to announce the appointment of  Lea M. Ray to its Board of Directors.


Lea M. Ray is a Chartered Professional Accountant ("CPA") and brings with her a great deal of corporate leadership and financial management experience. She is a both a CPA and ICD.D certified director and she will Chair the Company's Audit Committee. Lea is a seasoned board member who serves on multiple boards for public, private and not-for-profit organizations in leadership roles, including chair of audit committees for several TSX listed companies. Her knowledge of board governance, regulatory affairs and capital markets makes her an ideal candidate for the Audit Committee Chair position. Lea’s financial experience with global corporations began with PricewaterhouseCoopers and she is a former Vice-President Corporate Finance of Warner Bros. Entertainment Canada Inc. Her education includes a Bachelor of Commerce from Odette School of Business, University of Windsor, Ontario, Canada. In her free time, Lea is a member of the Ontario Beekeepers’ Association and a volunteer for several other conservation/environmental groups.

“We are excited to add Lea to our Board of Directors and to Chair our Audit Committee,” expressed Peter van der Gracht, Chairman of the Board of Patriot One. “Lea’s extensive strategic and business judgement, gained particularly through her previous board chair and committee chair roles on TSX-listed companies, makes her an ideal fit for this deployment and growth phase of Patriot One.  In addition to the Audit Committee, Lea will become a member of the Board’s Governance Committee, and will help ensure the Company stays compliant with regulatory, capital and accounting practices.” 

“I am honored to be joining the board of such an impressive, innovative and forward-thinking company” explained Lea Ray. “Being part of a team creating the solutions to address and pre-emptively stop terrorist and active assailant tragedies the world has suffered from these past few decades is very humbling.  I look forward to working with such a distinguished and passionate board, leadership team and staff in making Patriot One’s global vision of building safer communities a reality.”

Lea Ray began her duties as a Director on Patriot One’s Board last Friday, February 7, 2020.

On Behalf of the Board,

“Peter van der Gracht”

Peter van der Gracht
Chairman of the Board  

About Patriot One Technologies Inc. (TSX:PAT) (OTCQX: PTOTF) (FRA: 0PL):
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 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

Investor Relations
John Martin, Patriot One Technologies                         
+1 (888) 728-1332                                         
johnm@patriot1tech.com                                           
                             
Media Contacts:
Scott Ledingham, Patriot One Technologies                           
+1-613-806-7135                                           

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, board composition, 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.

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
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