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Xtract One Technologies Inc
Symbol XTRA
Shares Issued 198,348,575
Close 2023-11-15 C$ 0.75
Market Cap C$ 148,761,431
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Xtract One to install SmartGateway at CPKC Stadium

2023-11-16 09:25 ET - News Release

Mr. Peter Evans reports

XTRACT ONE TECHNOLOGIES PARTNERS WITH NWSL'S KANSAS CITY CURRENT TO SECURE ENTRANCES AT NEW AND HISTORIC CPKC STADIUM

Xtract One Technologies Inc.'s SmartGateway system has been selected to protect the new 11,500-capacity CPKC Stadium, as a result of the company's partnership with Kansas City Current (KC Current) of the National Women's Soccer League (NWSL).

CPKC Stadium is being built by construction partners J.E. Dunn and women-owned Monarch Build, as well as the female-led team at Henderson Engineers, and is expected to open at the start of the 2024 NWSL season. Once construction is complete, CPKC Stadium will make history as the world's first and only purpose-built stadium for a women's professional sports team. This collaboration between Xtract One and KC Current signifies a significant milestone by delivering streamlined, efficient and modern security measures, enhancing venue safety, minimizing wait times and fostering enhanced patron experience at a first-of-its-kind venue.

Xtract One's SmartGateway system replaces intimidating, traditional metal detectors and delivers fast, reliable and seamless patron screening. This solution unobtrusively scans patrons for guns, knives and other prohibited items as they enter the venue, using AI (artificial intelligence)-powered sensors to detect threats without invading patrons' sense of privacy and comfort. The system was designed for large, ticketed venues to enable high throughput. With Xtract One, KC Current and CPKC Stadium will be able to deliver optimal fan experiences through eliminating long entry lines and allowing fans to quickly and safely enter the venue and enjoy the game.

"KC Current is all about elevating the community and inspiring bold ambition. We're constantly pushing to raise the bar for our players, our fans and our community," said Scott Jenkins, Kansas City Current vice-president of facility development. "We're thrilled to be partnering with Xtract One to set new standards in fan safety and enjoyment, elevating our game day experience to new heights in a new stadium."

With this partnership, Xtract One will work closely with KC Current and CPKC Stadium to deploy cutting-edge security and weapon detection technology solutions tailored to the team's needs and dynamic, community-centric venue environment. Xtract One's ability to bolster security measures while ensuring an optimized entry process for fans aligns with KC Current's mission of prioritizing safety without compromising the community's experience, in their quest to becoming the best women's football club in the world.

"We're proud to lead the way in stadium security for KC Current as they usher in this new era of community experience at CPKC Stadium," said Peter Evans, chief executive officer of Xtract One. "It's important to us that we take care of ensuring fans' safety, while allowing players and coaching staff to focus on what they do best: delivering unforgettable soccer matches. Our goal is to make the CPKC Stadium experience enjoyable, secure and memorable for all those who step through its gates."

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.

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