Liberty Defense Advances its AI and Threat Detection Capabilities for Production

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Jun 20, 2023, 07:30 ET

WILMINGTON, Mass., June 20, 2023 /PRNewswire/ - Liberty Defense Holdings Ltd. ("Liberty" or the "Company") (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2A), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is pleased to announce its next generation walkthrough screening HEXWAVE™ technology has been enhanced to include new configuring options for seamless and effective screening of concealed metallic and non-metallic threats. The HEXWAVE is currently in production to support existing orders that will be delivered this summer. In addition to existing orders, the company is actively quoting to meet demand in the urban/commercial security market and US aviation to meet the new TSA Aviation Worker Screening Program needs.

In support of the initial production, Liberty Defense has also accelerated its second-generation imaging platform in time for inclusion in the release, enabling a true walkthrough configuration in addition to the walk-turn-go configuration that has been deployed to date. The walk-turn-go configuration remains a highly effective option for customers in certain applications requiring specific security protocols with lower throughput needs.

The new imaging front-end, readied in time for production by Liberty's best-in-class engineering team, allows for the capture of higher resolution millimeter wave image data to be combined with our advanced AI detection algorithms into one seamless optimization process. Image data collected to date now exceeds 100 terabytes, which is used to train the algorithms for the optimal detection of metallic and non-metallic threats.

"Unlike systems that rely on metallic signatures, we've chosen to solve a problem that no others have, one that includes the creation of millimeter wave imagery and AI threat detection algorithms," said Michael Lanzaro, President and CTO of Liberty Defense. "We've developed the world's first threat detection platform that detects metallic and non-metallic threats, including 3D printed ghost guns and liquid, powder, or plastic explosives, while allowing for people to continuously flow through the system. And all without the need to divest benign items such as keys, wallets, and mobile phones. Our team of talented engineers, many of whom were responsible for the development and deployment of airport millimeter wave systems, are excited to be introducing the continuous flow configuration as part of our initial production release, increasing people throughput while eliminating the need to turn and pause in the system."

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On Behalf of Liberty Defense
Bill Frain
CEO & Director

About Liberty Defense

Liberty Defense (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2A) provides multi-technology 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 license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3D radar imaging technology, provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimeter 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. Learn more: LibertyDefense.com

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. 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. 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 development, 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 cautions 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 Liberty 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.

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.