VANCOUVER and RICHMOND, VA, July 17, 2019 /CNW/ – Liberty Defense Holdings, Ltd. (“Liberty”) (TSXV:SCAN; FRANKFURT:LD2), a leader in security and threat detection solutions, is announcing that it has signed a collaboration agreement (“CoA”) with the Virginia Division of Capitol Police (“VDCP”) to beta test Liberty’s HEXWAVE system in the Commonwealth of Virginia.
The VDCP is the oldest police force in the U.S. and is responsible for the security of Virginia’s seat of government. The VDCP employs various security strategies to protect the Virginia Capitol complex, including screening, each year, about a half-million visitors entering state buildings.
Liberty plans to use this beta test to assess HEXWAVE’s integration and communication capabilities with existing sophisticated security systems in a live environment.
HEXWAVE uses low-power, radar imaging, and artificial intelligence, primarily to detect and identify weapons, as well as other threats and anomalies. It enables security teams to detect these threats at the perimeter of the property without obstructing the movement of large groups of people. By extending the detection space and widening the perimeter, HEXWAVE enables a layered defense strategy, which provides security teams with a longer time horizon to manage threats.
“We are delighted to have the ability to work with a well established and respected institution such as the VDCP,” said Bill Riker, CEO of Liberty Defense. “As we continue our market outreach and brand awareness programs the depth and breadth of interest and the need for a solution with the ability to secure facilities and protect their patrons only seems to be increasing,” said Bill Riker, CEO of Liberty Defense. “In a recent survey, it was noted that ‘83% of Americans are concerned about a criminal attack causing physical harm at large-scale events’. HEXWAVE is uniquely positioned in the market in several ways, including its ability to provide both indoor and outdoor coverage, which sets it apart from other solutions on the market.”
Beta testing involves testing HEXWAVE in a live environment with the initial alpha testing at Liberty’s Center of Excellence laboratory in Atlanta, Georgia.
“We are pleased to work with Liberty Defense to evaluate its next-generation system that may become the means by which we secure important facilities in the future. We will test the HEXWAVE system in a live environment and in tandem with our existing security procedures,” said Virginia Capitol Police Chief Anthony S. Pike.
This beta testing phase is a key part of HEXWAVE’s development process. Testing the system is operational and diverse facilities can help to ensure that it is aligned to market requirements. Beta testing is expected to begin later in 2019 and progress into 2020. Liberty will also beta test HEXWAVE at FC Bayern Munich’s Allianz Arena in Germany, Rogers Arena in Vancouver, British Columbia, in the state of Utah, and in Sleiman shopping centers.
About Liberty Defense
Liberty Defense Holdings, Ltd. (“Liberty”) (TSXV:SCAN; FRANKFURT:LD2) provides security solutions for concealed weapon detection in high volume foot traffic areas and has secured an exclusive license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement, for patents related to active 3D radar imaging technology that are packaged into the HEXWAVE product. The system is designed to provide discrete, modular and scalable protection to provide layered, stand-off detection capability. This is intended to provide a means to proactively counter evolving urban threats. The sensors with active 3D radar imaging and Artificial Intelligence (AI)-enhanced automatic detection are designed to detect metallic and non-metallic firearms, knives, explosives, and other threats. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: LibertyDefense.com
About The Virginia Division of Capitol Police
The Virginia Division of Capitol Police is the nation’s oldest police force and is responsible for the security of Virginia’sseat of government, including the historic Virginia Capitol designed by Thomas Jefferson (1785-1788), and Virginia’sExecutive Mansion (1813), the oldest executive residence in the United States.
FORWARD-LOOKING STATEMENTS
When used in this press release, the words “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although Liberty believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. The forward-looking statements and information in this press release include, amongst others, information relating to the expectation of future CoAs and validation of the technology. Such statements and information reflect the current view of Liberty. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the development of HEXWAVE and future Beta testing. These fluctuations may adversely affect the price of the Liberty’s securities, regardless of its operating performance. There are a number of important factors that could cause Liberty’s actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; the limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general market and industry conditions. The parties undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of their securities or their respective financial or operating results (as applicable).
Liberty caution that the foregoing list of material factors is not exhaustive. When relying on Liberty’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Liberty has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of the parties as of the date of this press release and, accordingly, are subject to change after such date. Liberty does not undertake to update this information at any particular time except as required in accordance with applicable laws.
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SOURCE Liberty Defense Holdings Ltd.
