Liberty Defense Hosts Open House for Future Users and Demonstrates Commercial HEXWAVE System

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May 31, 2023, 07:30 ET

WILMINGTON, Mass., May 31, 2023 /PRNewswire/ - Liberty Defense Holdings Ltd. ("Liberty" or the "Company") (TSXV: SCAN) (OTCQB: LDDFF) (FSE: LD2A), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is pleased to announce it is hosting an open house today for key opinion leaders in multiple targeted customer verticals in need of enhanced threat detection and seamless on-person screening.

Liberty will showcase the commercial HEXWAVE™ walkthrough people screening portal, currently in production at the Company's Wilmington headquarters. Attendees include current and potential customers in discussions with the Company from organizations including professional sports, airports, universities, a national laboratory, state legislatures, a large religious center, as well as partner organizations.

"With the significant interest we have been having, we are pleased to be hosting all of these different organizations and demonstrating the effectiveness of the HEXWAVE system in screening for metallic and non-metallic threats," says Bill Frain, CEO of Liberty Defense. "Today's environment of heightened risks needs technology that can detect non-traditional weapons to move beyond what metal detection offers."

Frain continues, "There is a strong demand for next generation technology like HEXWAVE as The United States Department of Homeland Security recently issued a bulletin warning that lone offenders and small groups motivated by a range of ideological beliefs and personal grievances continue to pose a persistent and lethal threat to the country. Both domestic extremists and foreign terrorists are using online extremist messaging and call for violence to motivate supporters to launch attacks. Individuals upset about the 2024 election, new laws, or court decisions might attack 'US critical infrastructure, faith-based institutions, individuals or events associated with the LGBTQIA+ community, schools, racial and ethnic minorities, and government facilities and personnel, including law enforcement.'"

Liberty has completed many successful customer evaluations at sites including Los Angeles International Airport and The Port of Oakland, demonstrating multiple configurations for effective screening of aviation workers.

The Company will also demonstrate the HEXWAVE system at the upcoming Annual American Association of Airport Executives (AAAE) Conference & Exposition June 3 - 5, 2023 and speak at 10:35am on June 4 at the Exhibitor Solutions Theatre.

For updates and news, please visit the Company website to subscribe to email alerts or follow Liberty Defense on social channels.

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.