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Liberty Defense Holdings Ltd
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ORIGINAL: Liberty Defense to Test HEXWAVE at Canada's Largest Airport, Toronto Pearson

2019-10-02 08:00 ET - News Release

Liberty Defense to Test HEXWAVE at Canada's Largest Airport, Toronto Pearson

Canada NewsWire

TSXV: SCAN
Frankfurt: LD2    
OTCQB: LDDFF

TORONTO and VANCOUVER, Oct. 2, 2019 /CNW/ - Liberty Defense Holdings Ltd. ("Liberty") (TSXV: SCAN;FRANKFURT: LD2; OTCQB: LDDFF), a leading concealed weapons detection solutions company, is announcing that it has signed a collaboration agreement ("CoA") with the Greater Toronto Airports Authority ("GTAA") to beta test HEXWAVE.

GTAA operates Toronto Pearson International Airport in Mississauga, west of Toronto in Ontario, Canada. Toronto Pearson is Canada's largest airport facility, welcoming 49.5 million passengers in 2018 alone.

Toronto Pearson will be the first airport to partner with Liberty to test HEXWAVE.

"Aviation security has been a key driver of the development of new security technologies and services globally, helping travelers to feel safe in an ever-changing threat environment," said Bill Riker, CEO of Liberty Defense.

HEXWAVE uses 3D radar imaging and artificial intelligence, primarily to detect and identify weapons, as well as other threats and anomalies. It enables security teams to detect these threats at the perimeter of a property without obstructing the movement of large groups of people. HEXWAVE enables a layered defense strategy, which provides security teams with more time to manage threats.

"It is not our intention to replace the existing security measures in airports, but to extend the security perimeter of aviation facilities by providing security between the curb and airport gate, which is a great example of how a layered defense approach can be implemented. Furthermore, HEXWAVE's ability to operate in both indoor and outdoor environments further enables the security parameter be expanded, in combination with its modular and scalable design, which will help make transportation infrastructure, such as airports, safer," added Riker.

"The GTAA is committed to a proactive security philosophy that stays ahead of emerging threats across our aviation infrastructure to minimize risk for passengers, employees and property. We track emerging technologies with the goal of balancing our operational security needs with overall customer service to make moving through Toronto Pearson a positive experience," said Dwayne Macintosh, Director of Corporate Safety and Security for the GTAA.

This beta testing phase is a key part of HEXWAVE's development process. The incremental testing of the system in actual facilities can help to ensure that the product is aligned with market requirements.

"HEXWAVE caught my attention with its capability to detect both metallic and non-metallic objects and the flexibility for its deployment across the airport. We work with our partners to evaluate their products and evaluate how they can complement our operational reality. We're excited to work with Liberty Defense to see how we can make HEXWAVE a success at Toronto Pearson," added Macintosh.

This beta testing phase is a key part of HEXWAVE's development process. Testing the system in operational and diverse facilities can help to ensure that it is aligned to market requirements. Beta testing is expected to begin later in 2019 and progress into 2020. Liberty will also beta test HEXWAVE at FC Bayern Munich's Allianz Arena in Germany, Rogers Arena in Vancouver, British Columbia, Maryland Stadium Authority's Camden Yards Complex, in the state of Utah, with the Virginia Division of Capitol Police, in Sleiman shopping centers, in a Hindu temple, and in the Metro Toronto Convention Centre.

On Behalf of Liberty Defense
Bill Riker
CEO & Director

About Liberty Defense
Liberty provides security solutions for concealed weapon detection in high volume foot traffic areas and 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 that are packaged into the HEXWAVE product. The system is designed to provide discrete, modular and scalable protection to provide layered, stand-off detection capability. This is intended to provide a means to proactively counter evolving urban threats. The sensors with active 3D radar imaging and Artificial Intelligence (AI)-enhanced automatic detection are designed to detect metallic and non-metallic firearms, knives, explosives and other threats. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: LibertyDefense.com

About GTAA
The GTAA operates and maintains Toronto Pearson under a ground lease agreement with the Government of Canada. Toronto Pearson is Canada's largest airport in terms of total passenger traffic and North America's second largest in terms of international traffic. With daily non-stop flights to more than 67% of the world's economies, they move people and goods across the country, the continent and around the globe. It has an extensive master strategy to meet regional and global demand for air travel while continuing to operate responsibly and efficiently.

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. The forward-looking statements and information in this press release include, amongst others, information relating to the expectation of future CoAs and validation of technology. 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. Such factors include, among others, the following risks: (a) there is no assurance that Liberty will obtain further CoAs. These fluctuations may adversely affect the price of the Liberty's securities, regardless of its operating performance. 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 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 caution 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 the parties 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.

All amounts referred to herein are in Canadian dollars unless otherwise indicated.

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.

SOURCE Liberty Defense Holdings Ltd.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2019/02/c0569.html

Contact:

LIBERTY INVESTOR RELATIONS: Adam Ross, Telephone: 604-336-9820 x1, Toll-Free: 1-833-923-3334, Email: info@libertydefense.com; LIBERTY MEDIA RELATIONS: Brittany Whitmore, Telephone: 778-238-6096, Email: brittany@exvera.com

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