Xtract One Technologies Inc (XTRAF)

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You know the concept of backlog right? And it’s not just interest, it’s actual sales agreement



Concealed Weapons Detection System Maker Exceeds 90% of 2017 Order Target

TORONTO, ON–(Jun 13, 2017) – Patriot One Technologies Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of the award-winning PATSCAN CMR™ concealed weapons detection system, is pleased to report that in the three months since product marketing began during the lead up to the ISC West trade show in Las Vegas, confirmed sales commitments now top $2.7 million.

Patriot One sales efforts are currently focused on categories including houses of worship, academic institutions, event centres, casinos, commercial offices, hotel properties, government agencies and other locations at high risk of terrorist attack. Orders have been received from locations spanning four continents, and new territorial opportunities are opening as reseller influence grows.

Patriot One President and CTO Dinesh Kandanchatha notes, “Our roll-out program initially conceived finalizing our engineering in early spring in order to meet Industry Canada and FCC certification requirements by late summer. This timing also aligns with our go-to-market packaging initiative and expectation that we will begin shipments to end-user installations by Q4 of this year.....