TORONTO, April 20, 2022 (GLOBE NEWSWIRE) -- Patriot One Technologies (TSX: PAT) (OTCQX: PTOTF) (FRA: 0PL) today announced the Oak View Group has selected Patriot One’s Gateway solution to protect all entrances to Austin’s new world-class live entertainment venue, Moody Center, the new home of The University of Texas basketball teams. The Gateway will be in place for Moody Center’s first show, Grammy®-Award winning John Mayer on April 20^th.

Moody Center, which seats more than 15,000 people, will deploy Patriot One’s SmartGateway™ solution, that is specifically designed for stadiums and other large entertainment venues. The Gateway will unobtrusively scan patrons for concealed guns, knives and other prohibited items when they enter the facility, without the need to remove personal items from their pockets. This allows for an uninterrupted, free flow of patrons into the stadium, eliminating security lines and delays.

“Despite being The Live Musical Capital of the World, Austin was lacking a state-of-the-art venue to host the best and biggest names in the music industry. Moody Center is a place built for Austin. Not only will it be the best place to experience live entertainment, but it will also be a place to watch more Longhorn victories,” said Jeff Nickler, senior vice president and general manager of Moody Center. “The arena was built with the best technological advances in the world, which include unparalleled patron security and safety. We chose Patriot One because of its ability to help us maximize patron entry, as well as cost savings. Versus traditional walk-through metal detectors, the Gateway screening solution is allowing our patrons to experience up to six times faster entry, while reducing operational costs more than 50%.”

The Gateway solution sensors are equipped with artificial intelligence (AI) that scan for concealed weapons on patrons as they enter the venue. Its easy-to-use system requires fewer security guards to operate, meaning additional guards can be redeployed to other high-value tasks around the stadium, such as responding to security incidents. The SmartGateway™ iteration of the Gateway solution was specifically designed for high-throughput venues, such as those that host large, ticketed events. It can securely get thousands of patrons inside the venue quickly, in alignment with security standard requirements.

“Our Gateway solution is very customizable and flexible, allowing us to architect it to be a perfect fit for venues like the Moody Center, so they can have the best of both worlds in terms of fast security lines and cost savings,” said Peter Evans, CEO of Patriot One. “We are pleased that Oak View Group has chosen us to protect entrances at their venues. We look forward to continuing to do so in the future.”

For more on Patriot One’s Gateway and other AI-powered solutions, please visit https://patriot1tech.com/patscan/products/.

About Patriot One Technologies
Patriot One Technologies makes unobtrusive, artificial intelligence AI-driven weapons and threat detection systems that enable arenas, casinos, schools, theaters and other businesses to provide unprecedented safety while also improving the patron experience. The Company’s Multi-Sensor Gateway enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic, and its AI-based Video Recognition System enables venue and building operators to identify weapons and other threats inside and outside of facilities, while also providing valuable intelligence for optimizing operations via their AI-powered platform. Follow us on Twitter @patriot1tech.

About Moody Center
Moody Center will provide the nation’s 11th largest city with a premier venue to host the biggest artists and acts on the planet. Designed specifically for concerts, the new arena will replace the 45-year-old Frank C. Erwin Jr. Center at The University of Texas and will be home to The University of Texas Women’s and Men’s basketball games, family shows, and other sporting and community events. Moody Center is the first of its kind in the industry with an unrivaled partnership between Oak View Group, Live Nation/C3 Presents, The University of Texas at Austin and Minister of Culture Matthew McConaughey. Moody Center opens its doors this April 2022.

For further information, please contact:

Patriot One Technologies Inquiries
[email protected]
www.patriot1tech.com

Media Contact
Caroline Metell
[email protected]

CAUTIONARY DISCLAIMER STATEMENT:
No securities exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements within the meaning of applicable securities laws relating to system sales, product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects”,” believes”, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include counterparty default and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

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