Xtract One Technologies Selected by U.S. Department of Veteran Affairs to Secure All Entrances at Richmond VA Medical Center
August 02 2023 - 7:00AM
Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL)
(“Xtract One” or “the Company”), a leading technology and AI-driven
threat detection and security solutions company prioritizing the
patron access experience, today announced it will deploy its
SmartGateway patron screening solution to secure all entrances at
selected hospitals within the Virginia region of the U.S.
Department of Veteran Affairs network.
Xtract One’s system was chosen by the U.S.
Department of Veteran Affairs for its ability to detect a broad
range of weapons including small arms, long arms, and knives as
small as two inches. This partnership demonstrates the focus and
commitment to protecting veterans’ well-being.
In recognizing the importance of creating a more
secure and efficient healthcare environment, the Central Virginia
VA Health Care System is embracing the cutting-edge security
solutions offered by Xtract One, to ensure the safety and
well-being of veterans. This will enable them to uphold their
commitment to protecting those who have served their country, while
implementing innovation to better serve their needs.
The SmartGateway system delivers fast, reliable,
and accurate screening for high throughput venues, leveraging
AI-powered sensors to detect threats without invading patrons’
sense of privacy and comfort. SmartGateway unobtrusively scans
patrons for weapons and other prohibited items as they enter,
enhancing safety and optimizing their experience by creating a
frictionless entry.
“We are honored to be working with the U.S.
Department of Veteran Affairs to enhance the safety and security of
their patients and staff,” said Peter Evans, CEO at Xtract One. “We
look forward to working closely with the Department to provide the
security needed to keep their facilities safe, while also providing
a positive experience for all those in the VA network.”
For more on Xtract One’s SmartGateway, please
visit www.xtractone.com.
About Xtract OneXtract 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 Gateway product
enables companies to covertly screen for weapons at points of entry
without disrupting the flow of traffic. Its AI-based Xtract One
Vision allows venue and building operators to identify weapons and
other threats inside and outside of facilities and receive valuable
intelligence for optimizing operations. For more information, visit
www.xtractone.com or connect on Facebook, Twitter, and
LinkedIn.
Forward Looking StatementsThis
news release contains forward-looking statements within the meaning
of applicable securities laws. All statements that are not
historical facts, including without limitation, statements
regarding future estimates, plans, programs, forecasts,
projections, objectives, assumptions, expectations or beliefs of
future performance, are “forward-looking statements”.
Forward-looking statements can be identified by the use of words
such as “plans”, “expects” or “does not expect”, “is expected”,
“estimates”, “intends”, “anticipates” or “does not anticipate”, or
“believes”, or variations of such words and phrases or statements
that certain actions, events or results “may”, “could”, “would”,
“might” or “will” be taken, occur or be achieved. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause actual results,
events or developments to be materially different from any future
results, events or developments expressed or implied by such
forward looking statements. Such risks and uncertainties include,
among others, the Company’s limited operating history and lack of
historical profits; risks related to the Company’s business and
financial position; fluctuations in the market price of the Common
Shares; that the Company may not be able to accurately predict its
rate of growth and profitability; risks related to the COVID-19
pandemic and its impact on the Company, economic conditions, and
global markets; reliance on management; the Company’s future
requirements for additional financing, and the effect of capital
market conditions and other factors on capital availability;
competition, including from more established or better financed
competitors; and the need to secure and maintain corporate
alliances and partnerships, including with research and development
institutions, clients and suppliers. These factors should be
considered carefully, and readers are cautioned not to place undue
reliance on such forward-looking statements. Although the Company
has attempted to identify important risk factors that could cause
actual actions, events or results to differ materially from those
described in forward-looking statements, there may be other risk
factors that cause actions, events or results to differ from those
anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in forward-looking statements. The Company has no
obligation to update any forward looking statement, even if new
information becomes available as a result of future events, new
information or for any other reason except as required by law.
For further information, please
contact:
Xtract One Inquiries
info@xtractone.comhttp://www.xtractone.com
Investor
Relationsxtract1@rbmilestone.com
Media Contact:Kristen AikeyJMG Public
Relations212-206-1645kristen@jmgpr.com
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