Patriot One Appoints Security Industry Veteran William Maginas to Board of Directors
December 05 2019 - 8:45AM
InvestorsHub NewsWire
Patriot One Appoints
Security Industry Veteran William Maginas to Board of
Directors
Former Johnson Controls
Executive joins Company as the PATSCAN Platform continues global
strategic rollout
TORONTO, Dec. 05, 2019 -- InvestorsHub
NewsWire -- Patriot One Technologies
Inc. (PAT.TO) (PTOTF) (0PL.F) (“Patriot One” or the “Company”),
developer of the PATSCAN™ Multi-Sensor Covert Threat Detection
Platform, is pleased to announce that the outgoing President
of Johnson Controls Canada, William (Bill) Maginas, will join the
Company’s Board of Directors, upon leaving his role with Johnson
Controls.
William Maginas is an accomplished Senior Executive and
Thought Leader with more than 20 years of success across the
commercial building, construction, technology, security, energy,
and environmental solutions industries. Leveraging extensive
experience in strategic direction, innovative business models,
operational guidance, growth, sales, account management, and
financial success, he is a tremendously valuable advisor for an
organization going through large-scale evolution. His broad areas
of expertise include business process improvement, change
management, growth, and strategy. Throughout his executive career,
Mr. Maginas has held leadership positions with Johnson Controls and
Honeywell.
At Johnson Controls, Bill was responsible for the
company’s operations and growth strategy in Canada. In this
position, Bill was focused on a breadth of technologies in the
security, fire, life safety, and HVAC industries. In 2016, after
the merger of Johnson Controls International (JCI) and Tyco, he led
the integration of 3,000 employees across three business units in
40 locations across the country. Prior to joining Johnson Controls,
Maginas spent 17 years at Honeywell in a variety of roles,
including leading the company’s building solution business in
Canada, managing high-growth regions, such as Brazil, Turkey, and
Mexico and as the Business Model Innovation leader at Connected
Buildings.
“I am honored to have been asked to join the board of this
innovative and forward-thinking company,” shared Bill Maginas. “I
have been working in the security solutions industry for 20 years
and believe that the PATSCAN Platform will become an effective tool
for the early detection of active threats. The affordability,
integration capability and user experience will make this part of
every Security Officer’s plan to provide a safe environment with
limited obstruction.”
Bill Maginas will begin his duties as a Director on
Patriot One’s Board on January 1, 2020.
On Behalf of the
Board,
“Peter van der
Gracht”
Peter van der Gracht
Interim Chairman of the Board
About Patriot One
Technologies Inc
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 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
Technologies Inquiries
info@patriot1tech.com
www.patriot1tech.com
Investor Relations
John 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, board composition, 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 regulators. 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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