02:12:44 EDT Thu 02 May 2024
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Liberty Defense Holdings Ltd (2)
Symbol SCAN
Shares Issued 151,328,765
Close 2024-01-25 C$ 0.115
Market Cap C$ 17,402,808
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Liberty Defense to offer Hexwave for testing at Oakland

2024-01-25 12:00 ET - News Release

Mr. Bill Frain reports

LIBERTY DEFENSE ANNOUNCES AGREEMENT WITH NATIONAL SAFE SKIES ALLIANCE FOR TEST AND EVALUATION AT PORT OF OAKLAND

Liberty Defense Holdings Ltd.'s Hexwave system will undergo operational test and evaluation at Port of Oakland at the International Airport facilities. The target date for testing is March, 2024.

National Safe Skies Alliance (Safe Skies), an independent third party, non-profit organization funded by the Federal Aviation Administration, conducts thorough testing of security systems' detection capabilities, reliability, and maintainability under active airport operational and environmental conditions. Safe Skies performs its evaluations under an ISO 9001:2015-approved quality management system.

The Port of Oakland, located in the San Francisco Bay area, oversees the Oakland International Airport, the Oakland Seaport and nearly 20 miles of waterfront commercial holdings. Together with its business partners, the port supports more than 84,000 jobs in the region with more than a $130-billion economic impact.

Liberty's Hexwave product, a next-generation, walkthrough, contactless threat detection system for concealed non-metallic and metallic objects, uses AI to provide automated decisions to security operators to process people at speed. The company started shipping Hexwave to customers in September, 2023, and the backlog of systems has grown to over 30 systems.

"We are looking forward to partnering with Safe Skies and Port of Oakland on this important initiative," said Bill Frain, chief executive officer of Liberty Defense. "There is a growing demand for the screening of aviation workers and we share the same goal as Safe Skies and the port of enhancing the security operations with next generation screening technology. As airports continue to look at improving screening protocols, the Hexwave technology offers a flexible, proven solution that can be quickly deployed and relocated to multiple areas inside and outside of facilities."

About Liberty Defense Holdings Ltd.

Liberty Defense provides multitechnology security solutions for concealed weapons detection in high-volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools and more.

We seek Safe Harbor.

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