WILMINGTON, Mass., June 20,
2023 /CNW/ - Liberty Defense Holdings Ltd.
("Liberty" or the "Company") (TSXV: SCAN) (OTCQB:
LDDFF) (FRANKFURT: LD2A), a leading technology provider of AI-based
next generation detection solutions for concealed weapons and
threats, is pleased to announce its next generation walkthrough
screening HEXWAVE™ technology has been enhanced to include new
configuring options for seamless and effective screening of
concealed metallic and non-metallic threats. The HEXWAVE is
currently in production to support existing orders that will be
delivered this summer. In addition to existing orders, the company
is actively quoting to meet demand in the urban/commercial security
market and US aviation to meet the new TSA Aviation Worker
Screening Program needs.
In support of the initial production, Liberty Defense has also
accelerated its second-generation imaging platform in time for
inclusion in the release, enabling a true walkthrough configuration
in addition to the walk-turn-go configuration that has been
deployed to date. The walk-turn-go configuration remains a highly
effective option for customers in certain applications requiring
specific security protocols with lower throughput needs.
The new imaging front-end, readied in time for production by
Liberty's best-in-class engineering team, allows for the capture of
higher resolution millimeter wave image data to be combined with
our advanced AI detection algorithms into one seamless optimization
process. Image data collected to date now exceeds 100 terabytes,
which is used to train the algorithms for the optimal detection of
metallic and non-metallic threats.
"Unlike systems that rely on metallic signatures, we've chosen
to solve a problem that no others have, one that includes the
creation of millimeter wave imagery and AI threat detection
algorithms," said Michael Lanzaro,
President and CTO of Liberty Defense. "We've developed the world's
first threat detection platform that detects metallic and
non-metallic threats, including 3D printed ghost guns and liquid,
powder, or plastic explosives, while allowing for people to
continuously flow through the system. And all without the need to
divest benign items such as keys, wallets, and mobile phones. Our
team of talented engineers, many of whom were responsible for the
development and deployment of airport millimeter wave systems, are
excited to be introducing the continuous flow configuration as part
of our initial production release, increasing people throughput
while eliminating the need to turn and pause in the system."
For updates and news, please visit the Company website to
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On Behalf of Liberty Defense
Bill Frain
CEO & Director
About Liberty Defense
Liberty Defense (TSXV: SCAN, OTCQB:
LDDFF, FRANKFURT: LD2A)
provides multi-technology security solutions for concealed weapons
detection in high volume foot traffic areas and locations requiring
enhanced security such as airports, stadiums, schools, and more.
Liberty's HEXWAVE product, for which the company 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, provides discrete, modular, and scalable
protection to provide layered, stand-off detection capability of
metallic and non-metallic weapons. Liberty has also recently
licensed the millimeter wave-based, High-Definition Advanced
Imaging Technology (HD-AIT) body scanner and shoe scanner
technologies as part of its technology portfolio. Liberty is
committed to protecting communities and preserving peace of mind
through superior security detection solutions. Learn more:
LibertyDefense.com
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.
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. 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; 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 development, 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 cautions 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
Liberty 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.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this press release.
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SOURCE Liberty Defense Holdings Ltd.