TORONTO, June 01, 2023 (GLOBE NEWSWIRE) -- Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA:0PL) (“Xtract One”), a leading technology-driven threat detection and security solution that prioritizes the patron access experience by leveraging AI, today announced its SmartGateway patron screening solution will be deployed by the City of Phoenix to increase security and ensure public safety at the City’s Court Building, which houses the courtrooms for the Phoenix Municipal Court.
Xtract One’s SmartGateway solution uses AI-powered sensors to unobtrusively scan patrons for guns, knives, and other prohibited items as they enter the facility. SmartGateway replaces traditional metal detectors and delivers fast, reliable, and accurate patron screening without invading the sense of privacy and comfort of patrons.
“We are honored to be working with the City of Phoenix to implement our SmartGateway technology to enhance the security and safety of those at the Court Building,” said Peter Evans, CEO of Xtract One. “We continue to speak with an increasing number of state and federal buildings, schools, and other public locations to protect their facilities. The priorities for each of these engagements, and for their choice of Xtract One is very similar – the requirement to cost-effectively detect weapons, the ability to fit the aesthetics of the building, and the flexibility to integrate with the unique requirements of each venue. We look forward to working closely with the City of Phoenix to provide a safe environment for all members of their community.”
To learn more, visit www.xtractone.com.
About Xtract One
Xtract 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 Video Recognition Software 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.
About the City of Phoenix Municipal Court
The Phoenix Municipal Court, housed in the City of Phoenix Court Building, is the State of Arizona’s largest limited jurisdiction court. The Court handles cases ranging from minor traffic violations to Class 1 misdemeanors carrying a maximum penalty of six months in jail and a $2,500 fine. Annually, the Court processes approximately 112,000 charges.
Forward-Looking Statements
This 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 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 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.com
http://www.xtractone.com
Investor Relations
xtract1@rbmilestone.com
Media Contact:
Kristen Aikey
JMG Public Relations
212-206-1645
kristen@jmgpr.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0330209c-f859-45e0-a819-1e0b852311df
