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Xtract One Technologies Inc
Symbol XTRA
Shares Issued 195,112,317
Close 2023-06-26 C$ 0.81
Market Cap C$ 158,040,977
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Xtract's SmartGateway to join TSA approved product list

2023-06-27 09:50 ET - News Release

Mr. Peter Evan reports

XTRACT ONE TECHNOLOGIES' SMARTGATEWAY ACHIEVES TSA AND APL VALIDATION, REINFORCING PATRON SCREENING SOLUTION'S EFFECTIVENESS

Xtract One Technologies Inc.'s SmartGateway patron screening solution was rigorously tested by the Transportation Security Administration (TSA) for effectiveness and suitability, and as a result, will be included in the TSA's 2023 approved product list. The extensive testing was completed by Johns Hopkins University's Applied Physics Laboratory (APL), the nation's largest university-affiliated research centre, on behalf of the TSA.

SmartGateway's TSA and APL verification signifies the system's adherence to documented specifications. The testing process encompassed a wide range of threat items and scenarios, underscoring the product's reliability and performance across a broad set of applications. Rigorous third party validation is a requirement of technology vendors for professional sports leagues including the National Hockey League (NHL), National Basketball Association (NBA), Major League Baseball (MLB) and National Football League (NFL).

The SmartGateway system unobtrusively scans patrons for guns, knives and other prohibited items as they pass through the system. This solution was designed to secure large, ticketed venues to enable high throughput, using artificial-intelligence-powered sensors to detect threats without invading patrons' sense of privacy and comfort.

"With the rigorous testing conducted at Johns Hopkins University, we have evaluated Xtract One's documented and published specifications for their SmartGateway patron screening solution," said Mona Espinosa, chief public area security and infrastructure protection (PASIP), multimodal and public area capabilities (MPAC), requirements and capabilities analysis (RCA), Department of Homeland Security -- TSA. "Our objective is to test and identify approved technology solutions which have been assessed to ensure their claims are supported by their technology's functionality."

"The integrity and extensiveness of this testing process and inclusion by the TSA in its approved products list highlight our continued objective to provide transparency across all areas of our business, ensuring our sales and marketing messaging aligns with our product capabilities," said Peter Evans, chief executive officer of Xtract One. "We are proud to have achieved this validation of the broad detection capabilities of our solution, and that customers can confidently select our solutions to deliver the expected outcomes for their organizations."

About Xtract One Technologies Inc.

Xtract One Technologies is a leading technology-driven threat detection and security solution leveraging AI to provide seamless and secure patron access control experiences. The company makes unobtrusive threat detection systems that enable venue building operators to prioritize and deliver improved patron experiences while providing unprecedented safety. Xtract One's innovative gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based video recognition software allows venue and building operators to identify weapons and other threats inside and outside of facilities, and receive valuable intelligence for optimizing operations.

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