Successful results and operational feedback
contribute to system and algorithm enhancements for planned product
release
WILMINGTON, Mass., Jan. 17,
2023 /CNW/ - Liberty Defense Holdings Ltd.
("Liberty" or the "Company") (TSXV: SCAN) (OTCQB:
LDDFF) (FRANKFURT: LD2A), a leading technology provider of
detection solutions for concealed weapons and threats, is pleased
to announce it has recently completed its beta testing of the
HEXWAVE™ in the United States and
utilized beta data and operational feedback to make system
configuration and algorithm improvements.
The latest beta trials were conducted at the University of Wisconsin for a major sporting event
and at a US state capitol building. US state capitol employees and
state representatives were able to proceed through the HEXWAVE
walkthrough screening portal without having to divest common items
like phones, keys, and wallets to improve overall security
efficiency and experience. The Company has screened approximately
10,000 people to date during beta trials conducted over the last
several months with major international airports, a major US
airline, Major League Baseball, one of the largest places of
worship in North America, and at
testing locations including Toronto Pearson International Airport
and Oriole Park at Camden Yards in Baltimore.
"Overall, we were extremely pleased by the results coming out of
our recent beta trials," said Mike
Lanzaro, President and CTO of Liberty Defense. "We
demonstrated high levels of people throughput and system
availability without compromising security. We were excited by the
fact that during beta testing, we could quickly tune and adjust our
AI algorithms to identify new threats and make improvements to the
automated identification of threats in various locations on the
person. Additionally, common employee items like badges,
lanyards, steel toe boots, etc. were identified as benign by the
system and did not have to be divested, demonstrating a true
advantage over current security methods."
The HEXWAVE's core 3D video-rate imaging and Artificial
Intelligence (AI) features provide enhanced detection with future
proofing. Once the hardware is in place, the software can be
adapted to new threats that emerge to evade current screening
methods. These AI software upgrades will be available as part of
the commercial product release, along with future customer and
vertical-specific customizations.
In addition to patron or passenger screening, the Company
continues to see increased customer interest in employee screening
to mitigate insider threat – a growing area of concern in security
operations as unfortunate acts of violence create even more demand
for protection using enhanced security applications in both the
urban security and aviation sectors.
"The culmination of years of effort and investment is upon us as
we are now moving from Beta to Commercialization with production to
begin later in Q1 2023 with delivery of the first units in Q2
2023," said Bill Frain, CEO of
Liberty Defense. The Company remains committed to optimizing
HEXWAVE to ensure that we stay ahead of new and emerging threats
while providing our customers with a software upgrade path that
preserves their investment over time. Liberty's commitment is to
provide best-in-class security and threat detection, with a
platform that delivers not only screening for metallic but also
non-metallic threats, offering better detection across multiple
verticals."
For updates and news, please visit the Company website to
subscribe to email alerts or follow Liberty Defense on social
channels.
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.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/liberty-defense-announces-it-has-completed-us-beta-testing-301723249.html
SOURCE Liberty Defense Holdings Ltd.