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Liberty Defense Holdings Ltd (2)
Symbol SCAN
Shares Issued 161,469,674
Close 2024-04-23 C$ 0.18
Market Cap C$ 29,064,541
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Liberty Defense ships Hexwave units overseas

2024-04-24 12:29 ET - News Release

Mr. Bill Frain reports

LIBERTY DEFENSE EXPANDS INTERNATIONAL CUSTOMER BASE

Liberty Defense Holdings Ltd. has shipped commercial units of its Hexwave system to Amsterdam in the Netherlands, and to Subic Bay Airport in the Philippines, expanding its international customer base with the support of its distributor network.

Hexwave uses millimetre-wave technology, advanced 3-D imaging and artificial intelligence to detect all types of concealed weapons, including metal and non-metal weapons, and other prohibited items. The system enables rapid, automated screening using a high-throughput, contactless, walkthrough portal. Hexwave is currently used in a diverse range of high-security facilities and properties in sectors ranging from aviation to courthouses, national labs, prisons and government facilities.

"We continue to see growing demand for Hexwave from airports and other high-security facilities, not just in North America, but from overseas as well, particularly as the world continues to face geopolitical tensions and threats of terrorism," said Bill Frain, chief executive officer of Liberty Defense. "As we expand our footprint globally, we are working closely with distribution partners to ensure we can effectively serve markets throughout Europe, the Middle East, Africa and Asia."

Liberty strategically partners with experienced and established companies in foreign markets to provide additional sales and service support to international customers. These partners have deployed thousands of security systems for baggage screening and Hexwave is a perfect complement to these technologies offering on-person screening.

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. Liberty's Hexwave product, for which the company has secured an exclusive licence from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3-D radar imaging technology, provides discreet, modular and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimetre-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.

We seek Safe Harbor.

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