Xtract One Technologies Announces Tachi Palace Casino Resorts To Expand Use Of SafeGateway Weapons Detection Technology
December 13 2022 - 7:30AM
Xtract One Technologies (TSX: XTRA) (OTCQX: XTRAF) (FRA:
0PL) (“Xtract One” or the “Company”) today announced that
Tachi Palace Casino Resorts (“Tachi”), located in Lemoore, Calif.,
has expanded its use of Xtract One’s SafeGateway weapons detection
technology to accommodate the venue’s growth.
Tachi, owned by the Tachi-Yokut Native American
tribe, first purchased Xtract One gateway technology in July 2021.
The new resort expansion spans more than 300,000 square feet,
encompassing a casino, hotel and resort, entertainment center, gas
station and more. As a result of Tachi’s positive experience with
Xtract One’s SafeGateway system, the company will expand the use of
SafeGateway to all entrances of the newly built complex.
Tachi is reporting that Xtract One’s solution
has significantly increased the safety and customer experience at
the venue, with the SafeGateway detecting an average of more than
seven guns and 450 knives per month. Patrons arriving at the resort
enjoy secure, fast entry – simply “walking-right-in” without
delays, or invasive scanning.
“We continue to be pleased with the ongoing
partnership with Xtract One, and the demonstrated ability to
keep our patrons safe,” said Walter Gunn, director of safety and
security for Tachi.
SafeGateway is an iteration of Xtract One’s
Gateway patron screening solution. The system was designed to
enable high throughput and customizability based on the customer’s
individual needs and security requirements. SafeGateway detects
guns, knives and other weapons on people walking into the venues,
without the need to stop and remove personal items. This results in
a superior solution for security, with attendees unaware of the
system while enjoying an entry experience up to 10 times faster
than possible with traditional walk-through metal detectors. The
Gateway is also deployed across various sports arenas and other
entertainment venues across the country.
“Xtract One is always focused on creating true
partnerships with its customers, which is why Tachi represents
another ‘win’ for us,” said Xtract One CEO Peter Evans. “We’re not
in the game just to close the sale, we are in it for the long term
– which is why the Tachi expansion is validation of our
strategy.”
For more on Xtract One’s SafeGateway, please
visit https://xtractone.com/products/safegateway/
About Xtract One
TechnologiesXtract One Technologies is a leading
technology-driven threat detection and security solution leveraging
AI to provide seamless and secure patron access control
experiences. The Company makes unobtrusive threat detection systems
that enable venue building operators to prioritize and deliver
improved patron experiences while providing unprecedented safety.
Xtract One’s innovative multi-sensor Gateway product enables
companies to covertly screen for weapons at points of entry without
disrupting the flow of traffic. Its AI-based Xtract Vision allows
venue and building operators to identify weapons and other threats
inside and outside of facilities, and Xtract One Insights provides
valuable intelligence for optimizing operations. For more
information, visit www.xtractone.com or connect
on Facebook, Twitter, and LinkedIn.
For further information, please contact:
Xtract One
Inquiries info@xtractone.comhttp://www.xtractone.com/
Media ContactKristen Aikey, JMG Public
Relationskristen@jmgpr.com – 347-394-8807
Investor Relationsxtract1@rbmilestone.com
CAUTIONARY DISCLAIMER
STATEMENT:This news release contains forward-looking
statements within the meaning of applicable securities laws
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”, “anticipates”, “expects”,” believes”, and similar
expressions or the negative of these words or other comparable
terminology. 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 but
are not limited to: results of operational activities, completion
of contracts; the Company’s limited profitability; dependence on
management; the Company’s need for additional financing and the
effects of financial market conditions and other factors on the
availability of capital; competition, including that of better
funded competitors; the impact of the Russia-Ukraine conflict on
the global economy; the continued impact of the COVID-19 pandemic;
the need to build alliances and partnerships, including with
customers and suppliers; 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.
No securities exchange or commission has
reviewed or accepts responsibility for the adequacy or accuracy of
this release.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/6a838733-79cf-46ab-8cd4-412dcc92006f
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