Small Cap Leader is promoting PTOTF for Thursday, 3/2/2017
Lets see what happens.
Patriot One Technologies Inc. (PTOTF) is our new alert and we believe this company has strong potential with their breakthrough technology. Patriot One (PTOTF) is a security technology company that is commercially developing portable devices to assist police and civilian personnel to detect concealed weapons utilizing novel radar technology. Patriot One Technologies is dual-listed on the OTCQB (PTOTF) and the TSXV (PAT.V) in Canada.
Patriot One (PTOTF) has developed a first-of-its-kind Cognitive Microwave Radar concealed weapons detection system as an effective tool to combat active shooter threats before they occur. Designed for cost-effective deployment in weapon-restricted buildings and facilities, NForce CMR1000 can be installed in hallways and doorways to covertly identify weapons and to alert security of an active threat entering the premises.
By using their breakthrough Cognitive Microwave Radar technology, PTOTF is able to detect concealed weapons without line of sight. The technology enables them to install their NForce CMR1000 weapons detection system in a wall, floor, or ceiling and send a microwave pulse that detects any metallic device. This information is then sent to their signature database of weapons that analyzes the frequency that comes back and matches it to a weapon in their database. With this, PTOTF can detect guns, knives, vests, and explosives such as grenades.
This technology could be groundbreaking. PTOTF is currently in the commercialization process doing pilots and demonstrations. The technology was developed over eight years at McMaster University(ranked in the top four of all Canadian universities). PTOTF and its research partners contracted through McMaster University are now taking the final steps towards commercial release of this groundbreaking threat detection technology.
On January 17, 2017, Patriot One announced that its NForce systems are scheduled for pilot installation at VGroup Concepts entertainment properties in Orlando
Below is an excerpt from the release:
"The partnership will create a demo showcase of the Company's NForce CMR1000 software solution and radar device from January 2017 through January 2018. The parties furthermore agreed to install the NForce CMR1000 solution and radar device at VGroup entertainment properties around the Orlando area before the end of the term with the ultimate goal of establishing a "safe districts" initiative.
"The Events of June 12, 2016 at the Pulse Nightclub are forever etched in the hearts and minds of the citizens of Orange County, the United States, and the World. It was the deadliest attack by a single shooter in United States History. Our partnership with Patriot One is a positive step toward our goal of making, and continuing to make, the City of Orlando, Orange County, Florida, its residents and all of our visitors safe in the tourist entertainment capital of the world," said VGroup Concepts Operating Managing Partner, Jeff Gitto.
Mr. Gitto is also a founder and active member of the Church Street Revitalization project for Downtown Orlando; through a joint venture focused primarily on the Church Street Entertainment District. In addition, Gitto is a named stakeholder to the City of Orlando Nightclub Task Force charged with making the city's entertainment district as safe as it is vibrant, which drives him to seek out new safety and security solutions for the community and business owners, and which helped lead him to Patriot One's NForce CMR1000 solution.
Martin Cronin, CEO & Director of Patriot One Technologies, Inc. notes, "We are very excited to partner with VGroup Concepts with our NForce CMR1000 pilot program, and to further help the City of Orlando, Orange County, and the great State of Florida's desire to create the world's safest entertainment center. Our number-one goal at Patriot One is to offer a solution that works with today's security professionals to help deter, detect and defend against active threats of violence on innocent citizens everywhere.""
Read the full release from Yahoo Finance
Current security technologies have issues for many reasons including Privacy and Health concerns, requires subject compliance, operator errors and false positives are common, and requires individual processing that lead to slow and inefficient results.
Patriot One's (PTOTF) disruptive technology could eliminate all of these issues. Now let's learn more about their first-of-its-kind covert screening device, the NForce CMR1000.
NForce CMR1000 is an easily concealed, cost-effective and non-invasive full body scanning technology that is proven, practical and safe.
NForce CMR1000 is the world’s most advanced technology for covert screening and detection of concealed weapons. CMR1000 identifies threats by database comparison of known weapons profiles, and by detection of concealed irregular object mass. Unlike millimeter wave units in use currently, the CMR1000 is far less expensive, easily concealed, and utilizes a single scan for detection, as compared to the numerous scans required by large, expensive and manned static installations.
The CMR1000 screens individuals in real time as they pass though the CMR1000 detection field in access points, halls and entryways. Installation can be covert and eliminates the style, look, and feel of institutional metal detectors. NForce`s patent-pending Cognitive Microwave Radar employs a network-wide ability to “learn” and adapt to new threats as “signature” patterns are identified. Pattern updates are transmitted network-wide offering an ever increasing signature library.
Patriot One's NForce detector could be a game changer in security technology and may be the only widely deployable technology in existence that can stop attacks before they get started.
Tom Ridge, America’s first cabinet-level Secretary of Homeland Security appointed by President George W. Bush, now endorses and supports global deployment of Patriot One Technologies’ weapons detection technology, calling it: “Disruptive” technology that should be “of interest to everybody, not just the Department of Homeland Security.” Take a view minutes to hear his comments on Patriot One's weapons detection technology in this video.
Today, Mr. Ridge is regarded as one of the world’s leading experts on counter-terrorism and public security. He founded and is current CEO of Ridge Global LLC, serving government and private interests worldwide in defense against terrorism and security risks. In fact, Patriot One has retained Ridge Global (led by Tom Ridge) to fast track Patriot One into America’s security markets. Tom Ridge could leverage his extensive domestic and global connections to quickly propel Patriot One Technologies to a dominant market presence.
On top of this, according to a recent research by MarketsandMarkets, the security and surveillance radar markets are expected to grow at a CAGR rate of 5.97% and reach $8.61B in value by 2020.
Recent Developments
February 22, 2017- Patriot One Provides NForce CMR 1000 Software Solution and Related Hardware Product Update
Excerpt Below:
"Patriot One is pleased to announce that its NForce CMR1000 software solution and related hardware, has completed internal quality assurance in preparation for a major trade exhibition in April.
The hardware already carries the "CE Mark" which certifies that the product has met EU health, safety and environmental requirements that ensure consumer and workplace safety and allows manufacturers to circulate industrial products freely within the internal market of the EU. The system is now entering pre-certification testing for FCC compliance ahead of its product launch at ISC West (International Security Conference) in Las Vegas in April. The product has also been vetted as ready for inclusion in the prestigious New Product Showcase at that conference.
Patriot One is now optimising its software to enhance performance characteristics and continues to collect additional weapons "signatures" for entry into the NForce proprietary database library. This is being achieved through an extensive law enforcement network which provides controlled access to weapons collections globally. The Company also advised today that it has now identified a manufacturer in the USA that has the capacity to meet the initial demand forecasts of its NForce CMR1000 production needs through 2018.
"One of the most noticeable recent developments is a sleek new profile which will enable greater installation versatility in the field," notes Dinesh Kandanchatha, President and CTO of Patriot One Technologies Inc.
In addition, Patriot One has recently developed valuable new IP regarding antenna design, which will result in the filing of additional patents further protecting its technological advantage in the marketplace.""
Read the full release from Yahoo Finance
February 16, 2017- Patriot One Selected for New Product Showcase by Security Industry Association at ISC West
February 8, 2017- Patriot One Appoints Tech Sector Financial Professional as CFO
January 17, 2017- Patriot One to Commence Onsite Weapons Detection Pilot Tests in Orlando, Florida
Patriot One (PTOTF) could be well on its way to making waves in security technology so make sure to start your research. You can learn more about Patriot One Technologies from their website.
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Small Cap Leader
