Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL)
(“Xtract One” or the “Company”) with Velasea, announced a new
partnership designed to bring Xtract One’s leading
technology-driven threat detection and security solutions to
Velasea’s network of integrators. Xtract One and Velasea, a
market-leading full-service OEM distributor of physical security,
retail analytics, computer vision, and artificial intelligence (AI)
solutions, will jointly market and sell Xtract One’s products to
the broader marketplace, and through Velasea’s channel of over 900
channel partners. Through this offering, Xtract One’s advanced
security detection systems, SmartGateway and One Gateway, will be
available through the broad channel network to schools, hospitals,
museums, theaters, arenas and other venues where high quality
security and guest experience are priorities. Velasea’s network
spans over 50 countries globally.
At a pivotal time when modern-day security
threats are becoming increasingly prevalent, this partnership
enables integrators to offer their customers technology designed to
help elevate safety and enhance the overall individual experience.
Further, it allows organizations the flexibility to tailor their
security solutions to best fit the specific needs of their
respective facility. This contributes to advanced protection,
operational efficiency, and individual experience.
"We're grateful to be partnering with Velasea
and to be working together to bring our innovative system to even
more forward-thinking organizations. This partnership broadens our
reach deeper into the key markets we serve, and wider to a global
marketplace" said Peter Evans, CEO of Xtract One. “By offering our
security solutions in partnership with Velasea, we can provide more
organizations with the advanced security they require, at a much
larger scale, all while enabling individuals to feel the difference
our solutions are designed to make in enhancing safety, and overall
experience.”
“The addition of Xtract One solutions to our
suite of products we offer to integrators provides a real weapons
screening solution tailored to individual users needs from a
company who cares about their customers” said Tom Larson, President
of Velasea. “Velasea has always been known for delivering cutting
edge solutions to our partners and customers, and the innovation
that Xtract One leads with fits our business and growth strategy.
We’re looking forward to working with Xtract One in setting new
standards in security, and supporting a greater range of
organizations in their technology needs.”
Xtract One’s products revolutionize weapons
security and operational efficiency by replacing intimidating,
traditional metal detectors with fast, reliable, and seamless
screening solutions. The system leverages AI-powered sensors to
unobtrusively scan individuals and their personal items as they
walk through, reducing long entry lines and promoting uninterrupted
flow of movement. The systems are designed to help attendees
quickly and safely enter the space to enjoy their event with peace
of mind – quicker than traditional methods allow.
To learn more, visit www.xtractone.com.
About Xtract OneXtract One
Technologies is a leading technology-driven provider of threat
detection and security solutions leveraging AI to deliver seamless
and secure experiences. The Company makes unobtrusive weapons and
threat detection systems that are designed to assist facility
operators in prioritizing- and delivering improved “Walk-right-In”
experiences while enhancing safety. Xtract One's innovative
portfolio of AI-powered Gateway solutions excels at allowing
facilities to discreetly screen and identify weapons and other
threats at points of entry and exit without disrupting the flow of
traffic. With solutions built to serve the unique market needs for
schools, hospitals, arenas, stadiums, manufacturing, distribution,
and other customers, Xtract One is recognized as a market leader
delivering the highest security in combination with the best
individual experience. For more information, visit
www.xtractone.com or connect on Facebook, X, and LinkedIn.
About VelaseaVelasea's mission
is to design smarter outcomes for a safer world. Whether building
ultra-compact or massive configurations, Velasea successfully
provides solutions to challenging emerging technology problems in
incredibly demanding, yet varied, environments like casinos,
prisons, utility systems, schools, government facilities, etc.
From our distribution facility and state of the
art configuration lab, Velasea designs and implements
cost-effective, full stack solutions that involve the most advanced
AI and security software available today.
To carry out their mission, Velasea partners
with leading technology manufacturers such as Intel, Nvidia, Dell,
Lenovo, NetApp, Microsoft, Hanwha, DDN, Seagate, Western Digital,
Infrared Cameras Inc, and more. They are one of only a handful of
OEMs certified as a system builder by Milestone. Learn More at
www.velasea.com.
About Threat Detection
SystemsXtract One solutions, when properly configured,
deployed, and utilized, are designed to help enhance safety and
reduce threats. Given the wide range of potential threats in
today's world, no threat detection system is 100% effective. Xtract
One solutions should be utilized as one element in a multilayered
approach to physical security.
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,
but are not limited to, the risks detailed from time to time in the
continuous disclosure filings made by the Company with securities
regulations. 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: Chris Witty, Darrow
Associates, cwitty@darrowir.com, 646-438-9385Media
Contact: Kristen Aikey, JMG Public Relations,
kristen@jmgpr.com, 212-206-1645
Xtract One Technologies (TSX:XTRA)
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