Thursday, September 05, 2019

Sector Snapshot - - How #Cannabis Industry Growth is Accelerating the Ancillary Businesses (OTC: $GOHE) (OTCQB: $MCOA) (OTC: $KSHB) (OTCQB: $MRMD)

Sector Snapshot - - How #Cannabis Industry Growth is Accelerating the Ancillary Businesses (OTC: $GOHE) (OTCQB: $MCOA) (OTC: $KSHB) (OTCQB: $MRMD)

Point Roberts WA, Delta, BC – September 5, 2019 - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot reporting on the continued development of the cannabis ancillary market as the sector matures; expanding into new states and countries.

The maturation of the Canadian and US markets, along with the rapid expansion of international cannabis markets is now beginning to drive the ancillary sector of the industry as more companies realize the need for better payment processing, more reliable delivery services and advanced infrastructure. These new demands on the industry are beginning to generate revenue for such ancillary providers and also provide investors a lower-risk entry point to the cannabis industry as these ancillary providers have no direct plant contact.


This was highlighted by Innovation Shares, a provider of thematic ETFs who recently announced changes in its monthly rebalance of The Cannabis ETF and has added four companies to the portfolio: Valens GroWorks Inc., EnWave Corp., cbdMD Inc. and Fire & Flower Holdings while removing three other companies: CannTrust Holdings, Vivo Cannabis and Innovative Industrial Properties.
"We are excited to expand THCX's footprint in the various cannabis industry sub-themes by including three companies whose businesses revolve around ancillary services and CBD-based consumer products," said Matt Markiewicz, Managing Director of Innovation Shares. "In particular, Valens, EnWave, and cbdMD all operate at the crossroads of science and technology which should appeal to investors who are looking for differentiated exposure outside of a traditional seed-to-sale story."
Global Payout Inc. (OTC: GOHE) and its wholly owned subsidiary, MTrac Tech Corporation yesterday announced that as the Company enters the last month of the third quarter of 2019 it has reached a point where it is effectively processing tens of millions of dollars in daily transaction volume across its growing base of clients in the multibillion-dollar cannabis industry.

As demonstrated in the Company’s recent Q2 disclosure detailing Company financials, MTrac’s growth trajectory has remained positive and has continued to gain significant traction throughout the year. This growth can be attributed to the successful strengthening of their foothold and market reach in what has become one of the most dynamic industries in today’s economy. This feat has been accomplished in part through MTrac’s success in securing several strategic service agreements with some of the largest companies within the cannabis industry today.

The company has recently signed a new account application with an anticipated 34 locations and has applications coming in weekly for the services offered through MTrac.

In addition to their expanding market reach, the Company is also fully engaged with key legislative partners in different states to help push for the adoption of their system as a means of providing merchants within these states with a viable and compliant payment processing alternative to cash as they remain focused on delivering “The Key to Cashless®” to as much of this diverse and expanding industry as possible.

MARIJUANA COMPANY OF AMERICA INC. (OTCQB: MCOA) recently announced the official launch of its premium cannabis delivery service, VivaBuds, in the San Fernando Valley, California.
In April, the Company announced it had acquired a 20% ownership interest in Natural Plant Extract of California (“NPE”) to establish a joint venture to create VivaBuds, a California marijuana delivery company that offers customers a dynamic opportunity to purchase low-cost premium cannabis products directly from farmers using a “Tell a Friend” approach. For more information, please visit the VivaBuds website at www.VivaBuds.com. The VivaBuds mobile application is currently live on Google Play and available for download on all Android devices.
“We are extremely pleased to have officially launched our delivery service throughout the San Fernando Valley, where demand for cannabis continues to increase unabatedly,” said CEO of MCOA, Mr. Donald Steinberg. “We believe that by providing delivery and our high-quality premium products to our consumers, we will increase revenues, expand margins, and improve our overall brand recognition. I am confident that this new endeavor dovetails perfectly with our commitment to become a global leader in the legal production, processing, and distribution of cannabis products. Going forward, management will continue to leverage strategic operations and decisions that enhance value for all our shareholders.”
According to an August 15, 2019 Los Angeles Times article, California is on pace to secure $3.1 billion in licensed cannabis sales in 2019, representing the largest legal marijuana market in the world. Legal sales have increased from approximately $2.5 billion in 2018, the first year of licensed cannabis sales in California, according to the analysis by sales-tracking firms Arcview Market Research and BDS Analytics.
KushCo Holdings, Inc. (OTC: KSHB), the premier producer of ancillary products and services to cannabis and hemp industries recently announced that it has closed on a $50 million credit facility (the “Facility”) with Monroe Capital LLC (“Monroe”), consisting of a $35 million revolving line of credit and an accordion of up to $15 million that will be available subject to covenant compliance and borrowing base availability.
The Facility will be for a term of five years and will be used for working capital and driving organic growth, as well as for potential acquisitions.
“KushCo continues to execute on its less dilutive financing strategy that will provide the capital necessary to support our continued operations and acquisitive growth,” commented Nick Kovacevich, KushCo’s Chief Executive Officer. “We are excited to partner with an entrepreneurial-focused private credit firm such as Monroe, and we have plans to grow our businesses together providing critical products and services to the cannabis and CBD industry. As the size of our customer’s business grows, it’s imperative to have an adequately sized credit facility that will increase as our business grows.”
“We’re excited to enter this hyper-growth industry with the Company,” commented Ted Koenig, President and CEO of Monroe. “They are a best in class business in a unique position to take advantage of opportunities in this emerging business sector and we look forward to supporting their continued growth and capital needs.”
MariMed Hemp, a subsidiary of MariMed, Inc. (OTCQB: MRMD), a leading multi-state cannabis and hemp operator focused on health and wellness, launched the Hemp Engine™, a turnkey retail marketing platform for the fast-growing CBD sector last month.
The platform supports sales and marketing decisions for a wide range of CBD products based on quality, popularity and price point, allowing distributors and retailers to maximize returns and increase sales efficiency. Co-developed with Sprout™, the leading CRM provider to the cannabis industry, the platform is driven by proprietary data and technology.
The Hemp Engine solution includes a complete “store-within-a-store” package, pre-stocked with a range of CBD products centered on a retailer’s particular criteria. The platform collects real time data and pre-screens the data for quality and content. The system helps the retailer by reducing the time and risk typically involved in choosing among a wide and sometimes confusing array of CBD products. The package also includes electronic tablets that provide store customers interactive, educational information about CBD product attributes, benefits and usage at the point-of-sale.
“Hemp Engine creates powerful new distribution opportunities for our hemp-derived CBD brands,” commented MariMed CEO, Robert Fireman. “It will help us further penetrate the growing hemp space. We expect to deliver the first in-store installations over the next several weeks.”
Earlier this year, the company converted its $30 million debenture into a one-third equity ownership of GenCanna Global, Inc., the Kentucky-based, national leader in cultivation and production of seed-to-sale cGMP quality CBD. MariMed Hemp was established to augment this investment and capitalize on MariMed’s marketing expertise with a new family of CBD brands.
According to Rick Granoff, Co-Founder of the Hemp Engine, “The Hemp Engine addresses the major needs of retailers and consumers as CBD popularity and consumption continues to grow. As a one-stop-shop that greatly simplifies decision making for both groups, it demonstrates MariMed’s continued thought leadership in health and wellness and industry-leading innovative approach to the CBD space.”
While there has been a heavy focus on cultivation and production in the cannabis industry for the last few years, the industry is now reaching a new turning point in which ancillary services and infrastructure are becoming more paramount. This growth in the cannabis ancillary market is not only providing the industry with more efficient technology and services but is also beginning to bring in more investment opportunities, with more diversified options than the standard production story we’ve seen so far.

For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks

About Investorideas.com - News that Inspires Big Investing Ideas
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#Automotive Industry Snapshot-New Innovations Steer the Sector towards the Future (OTCQB: $FNHI) (TSXV: $DYA.V) (OTC: $DYFSF) (NASDAQ: $NUAN) (TSXV: $NNO.V) (OTC: $NNOMF)

#Automotive Industry Snapshot-New Innovations Steer the Sector towards the Future (OTCQB: $FNHI) (TSXV: $DYA.V) (OTC: $DYFSF) (NASDAQ: $NUAN) (TSXV: $NNO.V) (OTC: $NNOMF)


Point Roberts WA, Delta, BC – September 5, 2019 - Investorideas.com, a leading investor news resource covering automotive stocks releases a snapshot focusing on the rise of technological innovations that are beginning to shape the future of the automotive industry.


A recent article in Forbes discussed how technology is driving change in the automotive industry saying, “If you identify the key building block of the auto industry during its first 130 years, you would have to point to engineering. It was engineering that made automobiles, our personal transportation devices, possible in the first place. And it is engineering that kept the line of progress moving forward decade after decade. Engineering made cars safer, more fuel-efficient, more comfortable, more durable, and more useful. It is responsible for the immense progress the auto industry has enjoyed and for the incredible benefits that personal transportation has delivered to the people of the globe. But going forward, engineering won’t serve as the prime driver of the auto industry, according to Sreenivasa Chakravarti, Vice President - manufacturing, Tata Consultancy Services. Instead, he asserts, the key driver will be data science.”

Continued in the article, “Electrification, autonomous operation, vehicle-sharing all appear to have the potential to change the auto industry in a fundamental way.”

Also in recent news, “Japan and France on Monday said they had agreed to share information and explore deeper cooperation in next-generation auto technology. In a statement, Japan's trade ministry said the two governments had agreed to start talks to bolster possible cooperation in areas such as automated driving, batteries and electric vehicles (EV). They agreed to discuss policy toward sharing information, supporting transformation of the auto industry environment and exchanging opinions about potential further cooperation in industrial policy for the automotive industry, according to a memorandum of cooperation released by the ministry.”
As we see this rise in automotive innovations, patent protection and first mover advantage looks to become essential to the companies in this space.
Franchise Holdings International Inc. (OTCQB: FNHI), Worksport Ltd.’s parent company, has recently received its second US Patent Office trademark allowance (and the third for the company in 2019 so far), gaining additional coverage and rights to the Worksport word mark, further protecting its innovative line of light truck tonneau covers in the US, its primary market.

Previously, Worksport received US approval for ‘all claims submitted’ for its new full-bed access light truck cover, the only one in the industry that does not extend into the truck bed. The Company in 2019 was also awarded first full trademark rights to ‘its Worksport trade name in Canada’ for the stylized Worksport logo.

“Worksport has now added to its arsenal of intellectual property assets the much-coveted word mark in our industry class, not just the logo mark, which we previously possessed,” said Worksport and FNHI CEO, Steven Rossi. “This gives us full and absolute protection rights for our brand identity, which we will enforce. Our name is important to our success, as it closely matches our amazing company culture of entrepreneurs, do-it-yourselfers (DIY), small business owners and outdoor enthusiasts.”

Worksport is also trending towards another record quarter for revenues, as it continues along its best year and best quarters on record.

“This year is history in the making for Franchise Holdings International as it builds out a solid infrastructure of products, intellectual property assets, and long-term customer relationships,” Rossi added. “Our team is now operating at maximum productivity, with accounting filing a record Q2 report on-time and Research and Development reaching milestones in new product design, engineering, and the build out of our intellectual property portfolio, legally protecting our many proprietary innovations.”

Rossi said that Worksport intends to budget earnings from operations to expedite the development of its Helios product line.  These complementary truck accessories will charge forthcoming electric trucks with Worksport’s proprietary solar technology infused with its most advanced truck bed covers, a major breakthrough innovation. Management will update the public and shareholders on breaking developments in the coming future.

dynaCERT Inc. (TSXV: DYA) (OTC: DYFSF) also recently provided updates regarding the advancement of its intellectual property related to its on-board, on-demand hydrogen injection systems for diesel engines and carbon credits.

The Company was granted on April 9, 2019, a very key US Patent, (i.e. patent number 10,253,685), called “Method & System for Improving Fuel Economy & Reducing Emissions of Internal Combustion Engines”. The Canadian version (i.e. patent application number 2882833), of this patent was granted on June 4, 2019; the required fee has been paid and dynaCERT is currently awaiting the issuance of the patent from the Canadian Patent Office. A continuation application with additional claims to US Patent number 10,253,685 was filed on February 20, 2019 and is currently pending.

In addition, dynaCERT has several other patent applications filed in the US, Canada and other parts of the world, and patents pending for different aspects of the HydraGEN™ Technology. These are progressing through the normal patent application process. The Company’s R&D team is currently working on improvements to the existing HydraGEN™ Technology, and it is the intention of the Company that patent applications capturing such improvements would be filed in due course. Some of the significant patent applications are described below.

The Company received the Notice of Allowance on May 2, 2019 on US patent application number 15,298,783 “Management System and Method for Regulating the On-Demand Electrolytic Production of Hydrogen and Oxygen Gas for Injection into a Combustion Engine” referred to by the Company as the “Smart ECU patent”. The application is expected to issue as US Patent number 10,400,687 on September 3, 2019. The embodiments of the US Patent relate to a management system and method that can simultaneously reduce polluting emissions and improve the performance of an internal combustion engine by: determining dynaCERT’s reactor performance level or calculating the amount of gas being generated by dynaCERT’s on-demand electrolytic reactor; monitoring the engine performance level, determining whether the engine performance level would change, (i.e. decrease or increase, or remain the same) to forecast a future engine demand level; adjusting the reactor performance level to improve the engine performance ahead of the forecast future engine demand level materializing to minimize parasitic loss associated with reactors operating continuously, (i.e. reactors that are not capable of adjusting their performance level or the level of produced gas according to the real time engine performance level); and thereby, improving the engine performance and reducing emissions. Following PCT applications in 2017, patent applications have been filed in Canada and other countries, and are awaiting review.

Two continuation applications (i.e. number 16,514,460 and number 16,514,543), claiming the benefits of the US Patent number 10,400,687 (“Management System and Method for Regulating the On-Demand Electrolytic Production of Hydrogen and Oxygen Gas for Injection into a Combustion Engine”) were filed on July 17, 2019.

dynaCERT has also filed in 2018, a PCT Application entitled “Systems and Methods for Tracking Greenhouse Gas Emissions Associated with an Entity”. This application PCT/CA2018/051235 is a method to securely and accurately capture and transmit data on greenhouse gases associated with the following: Residential Entity (single-family residence, townhouse, condo, apartment building), Industrial Entity (factory), Commercial Entity (medical building, educational institution), Power Generation Entity, Railway Entity, Marine Entity, Aviation Entity, On-Road & Off-Road Entities (trucks, cars, buses, ATVs), Agricultural Entity (tractors, combines, barns). The Company also included fertilizers, pesticides and other chemicals and carcinogens in its patent scope. dynaCERT’s data collector, the Smart ECU, when attached to the emission source by way of sensors or any other measuring devices, can directly measure emissions output. When the data is collected for the first time, it goes through a series of validation processes in order to determine an emission offset measurement based on an emission baseline. The output data is encrypted and then transmitted to a portal or platform where the data is analyzed to determine any changes in emissions output to validate compliance, determine amount of greenhouse gas credit or offset such as Carbon Credits required for trading.

Mr. David Bridge, Senior Technology Advisor of dynaCERT stated, "These patents and patent applications continue to propel dynaCERT as a leading international innovator in the field of carbon emission tracking and carbon credit solutions. We are thoroughly sensitive to the imperative of intellectual creativity across a plurality of industries while upholding a very real-world approach to developing breakthrough technologies that can save lives and improve global health in our lifetime and much further beyond."

Jim Payne, CEO of dynaCERT stated, “I congratulate and thank David Bridge and his team of professionals for their exceptional achievements in continuing to strengthen our intellectual property and patents. dynaCERT is committed to maintaining its leadership through ingenuity in Carbon Emission Reduction Technology. Our corporate social responsibility is to create a better world for our children, grandchildren and many generations to come.”

Dr. Stephen Campbell, Chief Technology Officer at Nano OneTM Materials Corp. (TSXV: NNO) (OTC: NNOMFrecently provided an update on Nano One’s latest lithium nickel manganese cobalt (NMC) innovations and how they are aimed at making high energy lithium ion batteries safer and more durable.

Dr. Campbell explains, “Nano One's latest innovations provide added durability and safety to NMC cathodes by protecting them from the stresses of repeated charging and from undesirable side-reactions. We are able to form protective coatings on individual particles and this is clearly differentiated from others who are developing coatings on larger clusters of particles. The stresses of repeated charging cause large coated clusters to break apart, leaving individual particles on the inside exposed to side reactions. By protecting the individual particle, Nano One is engineering new materials for increased durability and safety. Our technology is particularly relevant to high energy nickel-rich NMC batteries because it provides added protection."

The automotive battery industry is actively pursuing higher nickel content in lithium ion batteries because it can boost energy density and thereby extend vehicle range while reducing the cobalt content and its inherent supply chain risk. However, this comes with increased risk to stability, durability and safety. By protecting each nanoparticle rather than larger clusters, Nano One's technology is aimed at mitigating these risks.

Nano One's latest process innovations make NMC materials with a protective coating in fewer steps and form individual nanoparticles that are designed to resist cracking and withstand the rigors of repeated charging. Nano One is able to control the formation of its patented NMC materials using innovative manufacturing technologies, which are themselves protected by patents in the US, Canada, Taiwan, China, Japan and Korea.

These innovations and advantages are explained in a short animation posted on Nano One's website at https://nanoone.ca/nanoonenmcanimationaug2019/.

Dr. Campbell said, “These are novel materials and coatings that have the potential to enable stable, low cost, fast charging and energy dense cathodes ideal for electric vehicles and other high energy density applications. These innovations differentiate Nano One and add considerable value to the development activities we now have underway with our automotive and battery materials partners."

Nuance Communications, Inc. (NASDAQ: NUAN), a leading provider of conversational AI, recently announced that it will host its 2019 China Auto Forum on September 4, 2019, in Shanghai. With the theme “Digital Transformation: the Engine of New Business Value,” the China Auto Forum brings together industry luminaries, the region’s leading automakers, and Nuance experts as they explore how digital transformation can create innovative business value and accelerate growth in the market.
“As we prepare to spin out from Nuance and create Cerence, this event is an important milestone for the business and our relationships across Greater China and the rest of the world,” said Charles Kuai, Corporate Senior Vice President & President, Greater China Region, Nuance Communications. “The automotive industry is undergoing a transformation from hardware- to software-focused vehicles as automakers apply greater focus on the in-car experience and services. I look forward to discussing this transformation with industry leaders and showcasing how our automotive business brings unique value as we navigate this changing landscape.”
Auto Forum attendees will hear from industry thought leaders, including Ning Wan, Co-founder of TMTPost, Initiator Director of ITValue, and Dean of Research Institute of TMTPost; Kevin Li, Director, China Market Research, Global Automotive Practice, Strategy Analytics; Jing Lei Cheng, President, EVELOZCIT; Shuang Xi Huang, General Manager, Intelligent Hardware Business, iQIYI; and Hongze Yang, Chairman, Autolink. Attendees will also experience the latest innovations from Nuance Automotive’s China team, including an on-road demo of a fully customized mobility assistant platform built specifically for the Chinese market; ARK, a new, localized, turn-key voice AI solution; and innovative systems built together with key OEMs such as ECARX and Banma.
Nuance Automotive, which is expected to spin off from Nuance on October 1, 2019 and become independent, publicly-traded Cerence Inc. delivers immersive experiences that make people feel happier, safer, more informed, and more entertained in their cars. Bringing together voice, touch, gesture, emotion, and gaze innovations, it creates deeper connections between drivers, their cars and the digital world around them. It currently powers AI in more than 280 million cars on the road globally across more than 40 languages and for nearly every major automaker in the world, including Audi, BMW, Daimler, Ford, Geely, GM, SAIC, Toyota, and many more.
As the automotive industry continues to evolve we can expect to see these new technological innovations playing a larger and larger role in the industry’s trajectory which is good news for companies looking to enter this space as well as the consumers who will enjoy a more data driven and renewable focused automotive experience.








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Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

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#Defense #Stocks Update: Retired Vice Admiral Robert Harward, Jr. Joins Patriot One's (TSX: $PAT.TO) (OTCQX: $PTOTF) Senior Advisory Board


#Defense #Stocks Update: Retired Vice Admiral Robert Harward, Jr. Joins Patriot One's (TSX: $PAT.TO) (OTCQX: $PTOTF) Senior Advisory Board

TORONTO, ON - September 5, 2019 (Investorideas.com Newswire) 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 that retired Vice Admiral Robert Stiles Harward Jr. has joined the Company's Senior Advisory Board.

Robert Harward Jr., known by his friends as Bob Harward, is a retired United States Navy SEAL and a former Deputy Commander of the United States Central Command, under the leadership command of General James Mattis. Harward is currently a defense industry executive working for Lockheed Martin as the Chief Executive for Lockheed Martin in the Middle East. In this role, Harward’s responsibilities include strategy, operations and growth in the greater Middle East region, including: UAE, Bahrain, Kuwait, Oman, Jordan, Lebanon, Qatar, Pakistan, Iraq and Afghanistan. 


“We are honored to have Bob join our Senior Advisory Board,” expressed Scott Shepherd, Chairman, Patriot One Technologies.  “His distinguished career in the U.S. Armed Forces as a Navy SEAL to his Deputy Commander role gives him strategic insights that our company can leverage to advance our PATSCAN Multi-Sensor Covert Threat Detection Platform in order to address active threat and terrorist activities around the globe.  In addition, his recent experience with Lockheed Martin in the Middle East can help our team better understand the needs of this specific region.”

A lifelong national security leader, Harward served on the National Security Council for the Bush Administration, commissioned the National Counter Terrorism Center, and has extensive combat and counterterrorism experience as a United States Navy SEAL. In addition, Harward served as the Deputy Commander of U.S. Joint Forces Command and previously commanded Combined Joint Interagency Task Force 435. Craig Micklich, founder and CEO of Sotech Secure - a Patriot One joint venture, recommended Harward to the Company’s senior advisory group, because of his outstanding leadership, dedication and service to protecting others throughout his career.  His commitment to protecting today’s global citizens matches Patriot One’s vision.

Robert Harward Jr. will begin working with the Company's senior advisory group and management team starting in September 2019.  He joins a distinguished team of senior advisors, including Governor Tom Ridge - First U.S. Secretary of Homeland Security, Karl Wagner - retired Deputy Director of Central Intelligence Agency, Ward Elcock - former Canadian Deputy Minister for Public Safety, Andrew Brear - former senior British diplomat, Jamie Hamilton Graham – former Chief Constable of the Victoria and Vancouver Police Departments and Michael Rozin - President of Rozin Security.

I am pleased, and honored, to join this distinguished group of gifted professionals who have spent a lifetime of  service committed to the safety and well-being of all people,” shared Bob Harward.  “Knowing others within the security and safety space, like Governor Tom Ridge,  Karl Wagner and Ward Elcock, have endorsed the Company’s mission makes me not only excited to be part of this group, but will allow me to share my expertise in counter terrorism to help prevent these growing tragedies in our communities around the world.”

Robert Harward Jr.’s recognitions include the Donovan Award from the CIA, the Distinguished Service Award from the Department of State, the German Silver Star,  the Polish Silver Star, and he was designated a Commander of the Polish GROM (Special Operation Forces).  The Department of Defense awarded him the Defense Distinguished Service Medal (three), the Navy Distinguished Service Medal, the Bronze Star with V device (four), and two (2) Presidential Unit Citation for leading troops in combat.

On Behalf of the Board,

“Scott Shepherd”

Scott Shepherd, Chairman of the Board  

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

Investor Relations
John Martin
+1 (888) 728-1332

Media Contacts:
Scott Ledingham, PR Media Now
+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, 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.

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