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Tuesday, March 10, 2020

#Security #Stocks in the News: Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Secures Contract for Correctional Service Canada from Innovative Solutions Canada, @patriot1tech


#Security #Stocks in the News: Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Secures Contract for Correctional Service Canada from Innovative Solutions Canada, @patriot1tech

Program to fund deployment and evaluation of PATSCAN Platform, including its video fight detection module

TORONTO, ON March 10, 2020 – (Investorideas.com Newswire, Homelanddefensestocks.com)-- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF)   (FRANKFURT: 0PL) is pleased to announce it has been awarded a contract for the PATSCAN Multi-Sensor Covert Threat Detection Platform (the "PATSCAN Platform") by Innovation Solutions Canada (ISC) for Correctional Service Canada (CSC).  The contract will include the purchase, deployment and evaluation of the PATSCAN Platform, including the video fight and disturbance detection module. Deployment of the PATSCAN Platform will begin with Correctional Service Canada (CSC) in March 2020 at an undisclosed location.


The contract from Innovative Solution Canada (ISC), was awarded to Patriot One for its PATSCAN Platform, with specific interest around the Video Object Recognition Software (VRS) solution for the detection of visible make-shift knives, cellphones, as well as disturbances and fights, all of which have been issues with correction facilities and their management teams. The Platform was evaluated and pre-qualified under the ISC’s Testing Stream, formerly named the Build in Canada Innovation Program (BCIP).   The Testing Stream helps connect Canadian innovators with federal government departments that are willing to test their innovation and provide innovators with valuable testing feedback.

“We’ve been working with Innovative Solutions Canada Program, formerly BCIP, on this project, prior to being acquired by Patriot One in December 2018,” shared Dr. James Stewart, SVP Video Analytics at Patriot One.  “We are excited to be part of the program to demonstrate our capabilities to not only detect concealed and visible threat objects with our PATSCAN Platform, but also help correctional facility management and guards quickly detect fights and disturbances that at times breakout between inmates.”

Patriot One’s business development and engineering teams have begun work with teams at ISC and Correctional Service Canada (CSC) on the production of the PATSCAN Platform, which will be delivered for installation and deployment at an undisclosed facility beginning March 2020.   Following onsite testing and evaluation, Patriot One, and CSC will discuss the possibility of expanding the Platform deployment across Canada. 

Respectfully

 “Martin Cronin”

Martin Cronin, CEO

About Patriot One Technologies Inc.
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 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.comor follow us on Twitter and Facebook.

About Innovative Solutions Canada (ISC)
Innovative Solutions Canada helps Canadian innovators by funding R&D and testing prototypes in real-life settings.  The program operates two streams with a combined funding of over $140 million dedicated to Canadian innovators who want to start, grow, and get to market.

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                                                                         
scott@prmedianow.com

Innovation Solutions Canada (ISED)
Ottawa Headquarters
Telephone: 343-291-1777
Business hours: 7:30 a.m. to 5:30 p.m

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.

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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Monday, March 9, 2020

Breaking #Defense #Stock News -Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Secures Contract for Correctional Service Canada from Innovative Solutions Canada, @patriot1tech


Breaking #Defense #Stock News -Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Secures Contract for Correctional Service Canada from Innovative Solutions Canada, @patriot1tech

Program to fund deployment and evaluation of PATSCAN Platform, including its video fight detection module


TORONTO, ON March 9, 2020(Investorideas.com Newswire, Homelanddefensestocks.com )-- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF)   (FRANKFURT: 0PL) is pleased to announce it has been awarded a contract for the PATSCAN Multi-Sensor Covert Threat Detection Platform (the "PATSCAN Platform") by Innovation Solutions Canada (ISC) for Correctional Service Canada (CSC).  The contract will include the purchase, deployment and evaluation of the PATSCAN Platform, including the video fight and disturbance detection module. Deployment of the PATSCAN Platform will begin with Correctional Service Canada (CSC) in March 2020 at an undisclosed location.


The contract from Innovative Solution Canada (ISC), was awarded to Patriot One for its PATSCAN Platform, with specific interest around the Video Object Recognition Software (VRS) solution for the detection of visible make-shift knives, cellphones, as well as disturbances and fights, all of which have been issues with correction facilities and their management teams. The Platform was evaluated and pre-qualified under the ISC’s Testing Stream, formerly named the Build in Canada Innovation Program (BCIP).   The Testing Stream helps connect Canadian innovators with federal government departments that are willing to test their innovation and provide innovators with valuable testing feedback.

“We’ve been working with Innovative Solutions Canada Program, formerly BCIP, on this project, prior to being acquired by Patriot One in December 2018,” shared Dr. James Stewart, SVP Video Analytics at Patriot One.  “We are excited to be part of the program to demonstrate our capabilities to not only detect concealed and visible threat objects with our PATSCAN Platform, but also help correctional facility management and guards quickly detect fights and disturbances that at times breakout between inmates.”

Patriot One’s business development and engineering teams have begun work with teams at ISC and Correctional Service Canada (CSC) on the production of the PATSCAN Platform, which will be delivered for installation and deployment at an undisclosed facility beginning March 2020.   Following onsite testing and evaluation, Patriot One, and CSC will discuss the possibility of expanding the Platform deployment across Canada. 

Respectfully

 “Martin Cronin”

Martin Cronin, CEO

About Patriot One Technologies Inc.
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 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.comor follow us on Twitter and Facebook.

About Innovative Solutions Canada (ISC)
Innovative Solutions Canada helps Canadian innovators by funding R&D and testing prototypes in real-life settings.  The program operates two streams with a combined funding of over $140 million dedicated to Canadian innovators who want to start, grow, and get to market.

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                                                                        
scott@prmedianow.com

Innovation Solutions Canada (ISED)
Ottawa Headquarters
Telephone: 343-291-1777
Business hours: 7:30 a.m. to 5:30 p.m

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.

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 (TSXV: $AZ.V) (FSE: A23.F) Awarded Four-Year Contract with Israel Police; @A2Z_Advanced

#Defense #Stock News: A2Z Technologies (TSXV: $AZ.V) (FSE: A23.F) Awarded Four-Year Contract with Israel Police; @A2Z_Advanced 


Vancouver, BC - March 9, 2020 (Investorideas.com Newswire, Homelanddefensestocks.com) A2Z Technologies Canada Corp. ("A2Z" or the "Company") (TSXV:AZ.V) (FSE:A23.F) announced today that it has received a notice from the Israel Police notifying them that they have won a new four-year contract.


Bentsur Joseph, Chairman and CEO of A2Z stated, "We won a similar contract four years ago, which recently completed. The Israel Police awarded A2Z a new four-year term contract and expanded its scope and revenue by over 250%. This shows the high level of satisfaction that the Israel Police has from A2Z."

Under the terms of the contract, A2Z will provide maintenance, repair, and services to specialized equipment and products in police stations throughout the state of Israel. It is a four-year contract which guarantees A2Z, at a minimum, revenue of CAN $600,000. At the same time, it further broadens and deepens A2Z's relationships with various branches of the Israeli Government.

Furthermore, Bentsur Joseph stated, "I believe that over the life of this contract, it will generate significant revenue for A2Z, far exceeding the $600,000 guaranteed minimum revenue. We are excited and delighted to have signed this contract and to continue generating revenue for the Company with such strategic clients."

Bentsur concluded by stating, "I believe that this contract will also pave the road for additional similar contracts with other large governmental agencies in the very near future."

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 Defense 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.

A full video explainer of the FTICS technology can be found here: https://vimeo.com/385098839

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 atwww.a2zas.com.
Twitter: 
@A2Z_Advanced

On Behalf of the Board,
Bentsur Joseph, CEO

Investor Relations Contact
Trenton 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.

SOURCE: A2Z Technologies Canada Corp.

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:
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Friday, March 6, 2020

The #AIEye: Philips (NYSE: $PHG) Announces HealthSuite System of Engagement with Cloud-based Managed #AI Workflow and Hydro66 (CSE: $SIX.C) Announces Puzl as AI #Cloud Computing Customer




The #AIEye: Philips (NYSE: $PHG) Announces HealthSuite System of Engagement with Cloud-based Managed #AI Workflow and Hydro66 (CSE: $SIX.C) Announces Puzl as AI #Cloud Computing Customer

Global Mobile AI Market to Grow by $13.26 Billion from 2020-2024



Point Roberts WA, Vancouver BC – March 6, 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: (NYSE:PHG) (CSE:SIX)

Dutch multinational conglomerate Philips (NYSE:PHG) has announced the launch of the HealthSuite System of Engagement, described as “an integrated, modular set of standards-based capabilities that support the development of digital health propositions, including new capabilities for cloud-based managed AI workflow and DICOM [Digital Imaging and Communications in Medicine] interoperability.” Jeroen Tas, Chief Innovation & Strategy Officer, member of the Executive Committee Royal Philips, said:

“While there are compelling examples of digitalization improving healthcare delivery, too often patients and care providers struggle within a complex, fragmented technology and data landscape that hampers the deployment of innovative healthcare services. The HealthSuite System of Engagement is at the core of Philips’ digital transformation. It’s a highly secured, modular set of capabilities that can liberate and integrate data from disparate systems and accelerate the development and deployment of digital propositions across the health continuum in a secure environment.”

Hybrid cloud and colocation data provider Hydro66 Holdings Corp. (CSE:SIX) has announced Estonia-based AI firm Puzl as a new AI cloud computing customer. Nik Paushkin, founder and CEO of Puzl, explained:

“It's increasingly obvious that all industries must take advantage of AI and ML (Machine Learning) or fall behind more nimble competitors. However, there are significant barriers for all except the most expert developers to do so. Puzl are democratising and simplifying the user experience with 'GPU as code', bringing a new price point and container-based functionality to the general developer community."

Hydro66 CEO David Rowe commented:

"Our Enterprise-grade facility in the north of Sweden is an ideal location for High Performance Computing activities with our combination of industry leading ultra-low carbon emissions and attractive pricing models. Puzl are a highly innovative AI infrastructure company that we believe are set to grow rapidly with their containerised software driven platform and an ideal fit for our hugely scalable facility in Boden."

Global Mobile AI Market to Grow by $13.26 Billion from 2020-2024

A report from Technavio finds that the global Mobile Artificial Intelligence market will grow by $13.26 billion from 2020 to 2024, and exhibit a compound annual growth rate (CAGR) of more than 29 percent in the forecast period. An excerpt from the report snapshot outlines key drivers expected in the market:

Enterprises are increasingly using AI to gain operational efficiency and improve their processes. AI offers recommendations and suggestions to improve productivity and provide decision-making capabilities on multiple scenarios by analyzing the existing data. Because of such benefits, the use of AI is increasing in end-user industries such as healthcare, education, retail, and finance. Moreover, AI has the potential to improve healthcare outcomes while reducing treatment costs and is also used in the retail industry for supply chain planning, demand forecasting, price [optimization], customer intelligence, and enhancing day-to-day store operations. Intel offers AI technology to retailers to analyze activities on physical shelves using mobile devices, which creates a digital version of the physical store and [helps] them resolve shelf issues, such as [stock shortage], planogram compliance, and pricing errors. With the increasing use of AI chip-enabled mobile devices, the global mobile artificial intelligence market will grow significantly during the forecast period.

Sam Mowers, Investorideas.com


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