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Wednesday, May 27, 2020

#Security and #AI: Patriot One's (TSX: $PAT.TO) (OTCQX: $PTOTF) Xtract AI Division Secures Contract for Department of National Defence and Canadian Firefighters, @patriot1tech


#Security and #AI: Patriot One's (TSX: $PAT.TO) (OTCQX: $PTOTF) Xtract AI Division Secures Contract for Department of National Defence and Canadian Firefighters, @patriot1tech

VANCOUVER,BC–May 27,2020- Investorideas.com Newswire and Homelanddefensestocks.com -Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF)   (FRANKFURT: 0PL) wholly-owned subsidiary Xtract Technologies (“Xtract AI”) is pleased to announce it has secured a $157,000 contract with Canada’s Department of National Defence through the Public Works and Government Services Canada Division, as part of the Innovative Solutions Canada Program (ISC).


The contract is for a project looking to provide better situational awareness for Canadian firefighters. The outcome will be a solution that will provide innovative devices, applications, personal protective equipment and technology to help firefighters work in a more Head Up Hands Free (HU/HF) mode of operation on the fire ground. Using Xtract AI’s expertise in artificial intelligence for video and data analysis the project will aim to:
  integrate multiple sensors and biometric data feeds to assess the health, status and safety of firefighters in the field
  detect objects and people in smoke, and predict flow path and flashover using thermal and video imaging feeds in real time
  feed appropriate and necessary data back to incident commanders and firefighters in the field through a combination of dashboards, heads up displays, and haptic and audio feedback to increase efficiencies and remove distractions

Work will proceed in multiple phases, including the design and development of advanced machine learning models, proprietary data sets and integration with advanced visualization solutions.

“We’re tremendously excited to be working on this project and thank the Innovative Solutions Canada Program (ISC) for selecting us,” expresses Martin Cronin, CEO of Patriot One. “Xtract AI’s knowledge of artificial intelligence, and data and video analysis are an ideal match for this challenge, and we relish the opportunity to put these into a solution that will assist Canadian firefighters in being better informed, more efficient and, ultimately, safer.”

For more details on the Public Work’s DND contract, please visit: https://buyandsell.gc.ca/procurement-data/award-notice/PW-SI-004-36861-001

The Xtract AI team is already underway with the project’s design and development phase, and will make announcements, as required, on the progress of its efforts in achieving the goals of Canadian Department of National Defense.

About XTRACT TECHNOLOGIES INC
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 defense 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:

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

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Breaking #Tech/ #IoT News- iQSTEL’s (OTC: $IQST) Subsidiary IoT Labs MX Adds GSM Network and #GPS Tracking Support to the New Generation of IoT Smart Gas Field Devices; @IQstel


Breaking #Tech/ #IoT News-  iQSTEL’s (OTC: $IQST) Subsidiary IoT Labs MX Adds GSM Network and #GPS Tracking Support to the New Generation of IoT Smart Gas Field Devices; @IQstel

NEW YORK, NY - 5/27/2020 - (Investorideas.com Newswire )- Breaking Tech/IoT News iQSTEL Inc. (OTC: IQST), a leading-edge 21st Century Enhanced Telecommunications Service Provider, is pleased to announce IoT Labs MX www.iotlabs.mx , a subsidiary, has completed the circuit board upgrades for the new generation of the IoT (Internet of Things) Smart Gas field devices.


The original IoT Smart Gas platform was limited to the Sigfox communications infrastructure for IoT devices. Our in-house development team has completed the communications board upgrade for the new generation of IoT Smart Gas field devices, allowing for GSM network communications, expanding the potential usage locations of the IoT Smart Gas platform. In addition, we have incorporated Geo-location using standard GPS systems.

All components of the IoT Smart Gas platform, IoT field devices, core server software, as well as the end–user mobile application, have been updated to support the new and improved generation of field devices.

Mr. Iglesias commented: “This latest upgrades to the IoT Smart Gas platform transform the fixed location system, limited to Sigfox network locations, to the much broader GSM network coverage with the added ability of GPS tracking. Our systems now allow the IoT Smart Gas platform to be used in: ships, trucks, buses and other non-fixed gas installations.”

“The new generation of IoT Smart Gas Platform can be customized for use with virtually any gas or liquid, regardless of pressure or temperature. If the product is in a vessel, a fixed location or a mobile location, and has to be refilled by trunks, ships or by pipeline, IoT Smart Gas can save time and money while reducing the human exposure in the refilling process, a valuable aspect to be consider in the “new reality” after COVID-19”, add Mr. Francisco Bunt, CEO of IoT Labs MX.

About iQSTEL Inc.:
iQSTEL Inc (OTC: IQST) www.iQSTEL.com  is a is a US-based publicly listed company offering leading-edge 21st Century Enhanced Telecommunications Services with a focus on a wide range of cloud-based enhanced services to the Tier-1 and Tier-2 carriers, corporate, enterprise, as well as the retail market. iQSTEL through its subsidiaries Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT Labs, IoT Smart Gas Platform, itsBchain offers a "one-stop-shopping” for international and domestic VoIP services, IP-PBX services, SMS exchange for A2P and P2P, OmniChannel Marketing, Internet of Things (IoT) applications (IoT Smart Gas Platform), 4G & 5G international infrastructure connectivity, as well as blockchain-based platforms: Mobile Number Portability Application (MNPA) and Settlement & Payments Marketplace for VoIP, SMS and Data.

About Etelix.com USA, LLC:
Etelix.com USA LLC www.etelix.com is wholly owned subsidiary of iQSTEL Inc. Etelix.com USA, LLC is a Miami, Florida-based international telecom carrier founded in 2008 that provides telecom and technology solutions worldwide, with commercial presence in North America, Latin America, and Europe. Enabled by its 214-license granted by the Federal Communications Commission (FCC), Etelix provides International Long-Distance voice services for Telecommunications Operators (ILD Wholesale), and Submarine Fiber Optic Network capacity for internet (4G and 5G). Etelix was founded in 2008 and has been profitable since inception.

About SwissLink Carrier AG:
SwissLink Carrier AG www.swisslink-carrier.com is a 51% owned subsidiary of iQSTEL Inc. SwissLink Carrier AG is a Switzerland based international Telecommunications Carrier founded in 2015 providing international VoIP connectivity worldwide, with commercial presence in Europe, CIS and Latin America. SwissLink Carrier AG is a Swiss licensed Operator, having a domestic Interconnect with Swisscom, allowing their international Carrier Customers direct terminations via SwissLink into all Switzerland Fix & Mobile Networks. Since the takeover from Swissphone in November 2018 and the rename into SwissLink, they operate on a profitable level.

About QGlobal SMS LLC.:
QGlobal SMS LLC www.qglobalsms.com is a 51% owned subsidiary of iQSTEL Inc. QGlobal SMS is a USA based company founded in 2020 specialized in international and domestic SMS termination, with emphasis on the Applications to Person (A2P) and Person to Person (P2P) for Wholesale Carrier Market and Corporate Market in US. QGlobal SMS has commercial presence in Europe, USA and Latin America. QGlobal SMS has robust international interconnection with Tier1 SMS Aggregators, guarantying its customers high quality and low termination rates, over more than 100 countries worldwide.

About IoT Labs MX SAPI:
IoT Labs MX SAPI  www.iotlabs.mx , a subsidiary of iQSTEL Inc, is an Internet of Things (IoT) Mexican technology development company, creator of the “IoT Smart Gas” Platform and Application. The IoT Smart Gas platform consists of an IoT field device installed on the LP gas tank (adaptable to virtually any gas or liquid storage tank) and, thanks to the Internet of Things (IoT) technology via Sigfox or GSM network connectivity, allows remote managed and improved logistic processes of refilling, usage tracking and tank monitoring in real-time by the Smart Gas mobile app. The new GSM tracking feature allows for mobile use including ground, air, and sea tank monitoring.

About itsBchain LLC.:
itsBchain LLC www.itsBchain.com is a 75% owned subsidiary of iQSTEL Inc. itsBchain is a blockchain technology developer and solution provider, with a strong focus on the telecom sector.  The company is the final stage of development of a series of blockchain solutions aimed at using the blockchain ledger and smart contract solutions to enable more efficiency, quickness in execution and fraud-prevention in the telco industry.  Specifically, the company is developing a solution that will enable users and carriers to transfer mobile phone numbers with just a few clicks, allowing users and carriers the ability to transfer retail users from one mobile carrier to another instantly.  Additionally, the company is finalizing a carrier-grade marketplace solution to procure payments between carriers for cross-traffic of VoIP, SMS and data realtime as traffic is crossed between carriers.  This marketplace will allow for instant payment settlement as well as the prevention of fraud between carriers.

Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

iQSTEL Inc.
IR US Phone: 646-740-0907, IR Email: investors@iqstel.com

Source: iQSTEL Inc. and its subsidiaries:

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#Defense/#AI #Stock News - Patriot One’s (TSX: $PAT.TO) (OTCQX: $PTOTF) Xtract AI Division Awarded $199,000 CAD Department of National Defence Contract @patriot1tech @NationalDefence

#Defense/#AI #Stock News - Patriot One’s (TSX: $PAT.TO) (OTCQX: $PTOTF) Xtract AI Division Awarded $199,000 CAD Department of National Defence Contract @patriot1tech @NationalDefence

AI team based in Vancouver to work with the Canadian Armed Forces

VANCOUVER, BC  – May 27, 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 pleased to announce it has secured a $199,000CAD contract with Canada’s Department of National Defence through the Public Works and Government Services Canada Division, as part of the Innovation for Defence Excellence and Security (IDEaS) Program.


Operating covertly is key for Army operations and the “Now you see me, now you don’t” project is looking for solutions to actively modify the visual and infrared signatures (the pattern emitted by an object) of Army platforms in order to decrease detectability. Xtract AI proposes to leverage recent advances in deep learning and computer vision, along with novel deep learning technology to develop a system capable of assessing the efficacy of any existing or developed adaptive and multi-spectral concealment and camouflage technologies or materials. This will guide the development of technologies that optimally reduce visual and infrared detection of soldiers and vehicles, and enhance the performance of materials designed to eliminate detection in dynamic environments in real time.

The proposed system will combine two deep learning components: a soldier and vehicle detector; and a soldier and vehicle concealer. The detector will be a computer vision model that is able to identify people and vehicles from visual and infrared video streams. Meanwhile the concealer will be a computer vision model that uses real-time information from the context (e.g., background visual and heat patterns) to determine the optimal visual and infrared signature to facilitate concealment.

Using these two components, several outstanding problems with soldier and vehicle concealment can be addressed. Concealment systems will be able to be assessed, for example the efficacy of new uniforms, textiles and vehicle add-ons. Pitting the two components against each other will also facilitate the development of optimal concealment methods. Additionally the concealer will be trained to generate modified visual and infrared signatures that are able to prevent detection by the deep learning detection system.

“We’re delighted that the Innovation for Defence Excellence and Security (IDEaS) program selected us to work on this project,” said Martin Cronin, CEO of Patriot One Technologies. “Utilising Xtract AI’s knowledge of artificial intelligence, and data and video analysis we hope to be able to assist the Canadian Army in their ability to operate covertly, thus keeping our soldiers safer.”

For more details on the Public Work’s DND contract, please visit: https://buyandsell.gc.ca/procurement-data/tender-notice/PW-19-00880697

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.

About the Innovation for Defence Excellence Program
The Innovation for Defence Excellence and Security (IDEaS) program fosters open innovation to provide creative thinkers with the structure and support to encourage solutions which will assist in solving some of Canada’s toughest defence and security challenges. The IDEaS program is broken into several components, designed to advance defence technologies in Canada. Innovations are eligible for funding up to $200,000 during Component 1a and up to $1,000,000 during Component 1b. Innovations that are promising for Canada can receive non-IDEaS Program funding up to $20M to continue development up to Solution Readiness Level 9.

For further information, please contact:
Patriot One Technologies Inquiriesinfo@patriot1tech.com
www.patriot1tech.com

Investor RelationsJohn 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     
                                       
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:
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