06:17:04 EDT Fri 14 Jun 2024
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Liberty Defense Holdings Ltd (2)
Symbol SCAN
Shares Issued 161,469,674
Close 2024-05-08 C$ 0.175
Market Cap C$ 28,257,193
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Liberty Defense receives Hexwave order in Chile

2024-05-08 14:17 ET - News Release

Mr. Bill Frain reports


Liberty Defense Holdings Ltd.'s Hexwave system has been purchased by a juvenile correctional facility in Santiago, Chile, with deployment scheduled for this summer.

The system was purchased by Setronix Chile SA, a leading security company with over 30 years of experience deploying and maintaining cutting-edge technology solutions for security applications throughout Chile. The system will be operated by SENAME, the National Minors' Service (Servicio Nacional de Menores), a government agency managed by the Ministry of Justice and Human Rights. The technology will be used to secure a juvenile correctional facility in Chile.

Hexwave is a next-generation, walkthrough, contactless threat detection system that uses low-power radar imaging, coupled with AI (artificial intelligence) and an advanced computing platform, to rapidly detect concealed threats. It provides automated go/no-go decision support to security operators and can detect all types of concealed weapons, including metal and non-metal weapons, plastics, powders, and other prohibited items.

Hexwave is seeing growing adoption in multiple market verticals requiring high levels of security, including courthouses, national labs, prisons, government facilities, and ports of entry in aviation and other sectors. Hexwave provides a safe and efficient screening solution for juveniles as an alternative to transmission X-rays.

"This is an important award for Liberty as we expand our customer base internationally and into Latin America," said Bill Frain, chief executive officer of Liberty Defense. "We won this tender based on Hexwave's mobility and its ability to safely and efficiently screen for a broad range of threats and prohibited items to secure the safety of all within the correctional facility. We are confident this will lead to more adoption throughout Chile."

With facilities at Arturo Merino Benitez Airport, Setronix Chilie is strategically positioned to support security-based operations both in Santiago and in other parts of the country.

SENAME (the Ministry of Justice and Human Rights) is a government agency in Chile focused on safety and security in juvenile justice and reintegration. It cares for adolescents and young people who have been in conflict with the law between the ages of 14 and 17.

In other news, Liberty Defense will host a live corporate update webinar on May 16, 2024, at 2 p.m. ET. Liberty Defense's chief executive officer, Mr. Frain, will be hosting a webinar to provide important updates on the company, including strategic partnerships, and discuss current operations and coming milestones, followed by a live question-and-answer session. You may submit your question(s) beforehand in the registration form on-line.

Investors and other interested parties invited to join and learn more about Liberty Defense's Hexwave contactless security and threat detection technology.

Date:  Thursday, May 16, 2024

Time:  2 p.m. ET

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 the 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, standoff 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.

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