23:25:10 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Xtract One Technologies Inc
Symbol XTRA
Shares Issued 197,188,817
Close 2023-07-11 C$ 0.87
Market Cap C$ 171,554,271
Recent Sedar Documents

Xtract One to provide SmartGateway to Budweiser Gardens

2023-07-11 09:53 ET - News Release

Mr. Peter Evans reports

BUDWEISER GARDENS TO NOW USE XTRACT ONE TECHNOLOGIES

Xtract One Technologies Inc.'s SmartGateway patron screening solution was selected by Budweiser Gardens, a 10,200-capacity sports-entertainment venue and home of the London Knights in London, Ont., to secure entrances for its sporting events and concerts.

The property is owned by the City of London and is managed by global sports and entertainment company OVG360, a division of Oak View Group (OVG), which announced a strategic partnership with Xtract One in October, 2022.

"As the largest sports-entertainment centre in Southwestern Ontario, we are committed to providing the best possible experience for our fans and guests -- as their comfort and safety is always our top priority," said Brian Ohl, general manager at Budweiser Gardens. "We are thrilled to announce our partnership with Xtract One to implement their industry-leading SmartGateways to further improve safety, and provide a better overall experience for everyone who visits Budweiser Gardens for a London Knights game, or other live event."

The SmartGateway system replaces intimidating, traditional metal detectors and delivers fast, reliable and accurate patron screening. This solution unobtrusively scans patrons for guns, knives and other prohibited items as they enter the facility, using AI (artificial intelligence)-powered sensors to detect threats without invading patrons' sense of privacy and comfort. The SmartGateway system was designed with customization in mind, to account for customers' specific needs as well as security requirements for large, ticketed venues to enable high throughput.

"At Xtract One, we are excited to partner with Budweiser Gardens, OVG360 and the City of London to provide our cutting-edge security solutions and help improve patron safety. We are confident that our innovative technologies will enhance the existing security measures and help create a more secure, fan-centric environment for all patrons," said Peter Evans, chief executive officer of Xtract One. "We look forward to working with Budweiser Gardens and to continuing our partnership with Oak View Group to deliver advanced, unobtrusive security solutions."

For more on Xtract One's SmartGateway, please visit the company's website.

About Xtract One Technologies Inc.

Xtract One Technologies is a leading technology-driven threat detection and security solution leveraging artificial intelligence 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.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.