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Patriot One Technologies Inc
Symbol PAT
Shares Issued 163,154,222
Close 2022-04-19 C$ 0.60
Market Cap C$ 97,892,533
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Patriot One to install SmartGateway at Moody Center

2022-04-20 12:02 ET - News Release

Mr. Peter Evans reports

PATRIOT ONE TECHNOLOGIES SELECTED BY OAK VIEW GROUP TO PROTECT AUSTIN'S NEW VENUE, MOODY CENTER

The Oak View Group has selected Patriot One Technologies Inc.'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.

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 per cent."

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, chief executive officer 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."

About Patriot One Technologies Inc.

Patriot One Technologies makes unobtrusive, AI-driven weapons and threat detection systems that enable arenas, casinos, schools, theatres and other businesses to provide unprecedented safety while also improving the patron experience. The company's multisensor 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 its AI-powered platform.

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