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VANCOUVER, March 6, 2020 /CNW/ - First Responder Technologies Inc. ("First Responder" or the "Company") (CSE: WPN | FWB: 3WK) a developer of WiFi-based technologies to detect and deter mass shooting and terror attacks involving concealed weapons, is pleased to announce that the Company, supported by engineers from VVDN Technologies Private Limited, successfully completed a major milestone by demonstrating the world's first WiFi-based walk through metal detection prototype at the UK Home Office sponsored Security & Policing 2020 conference in Farnborough, UK this past week ("UK Home Office Show").
Attendees at the Company's display booth at the UK Home Office Show, including security professionals charged with protecting some of the world's most iconic infrastructure, value added resellers and systems integrators, received a demonstration of the device's metal detection and early warning functionality. The Company's senior management anticipates that certain requests for follow up commercial discussions arising out of the UK Home Office Show, may lead to commercial sales as early as the end of 2020, pending the successful completion of the Company's alpha tester program, further research and development, and product prototyping necessary to enable the launch of a minimum viable product (Beta) prior to the end of 2020.
"While it still remains early days in the Company's development, it is my sincere pleasure to work with a gifted team of product development and engineering professionals whose remarkable commitment to disrupting the global security paradigm with an effective, economical and easy to install, WiFi-based weapons detection technology, has resulted in these promising early results," said Robert Delamar, the Company's CEO.
While the Company continues to meet or exceed projected product development milestones of the Company's WiFi-based weapons detection system, the Company's technology remains at the research and development stage.
No securities regulatory authority has either approved or disapproved of the contents of this news release. The securities of the Company have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States, or to or for the account or benefit of any person in the United States, absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any common shares in the United States, or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.
On behalf of the Board of Directors,
"Robert F. Delamar"
Robert F. Delamar, CEO
First Responder Technologies Inc. 915 - 700 West Pender Street Vancouver, BC. V6C 1G8 [email protected]
About First Responder Technologies Inc.
First Responder Technologies Inc. (the "Company") is a technology development company that commercializes academic and internally developed intellectual property for use in the public safety market. The Company is developing a WiFi-based technology, based in part, on academic research licensed from Rutgers, the State University of New Jersey ("Rutgers") that can be used to detect concealed weapons. The Company's threat detection technology line of business was created to capture a significant portion of the global weapons detection systems market, and in particular, the global perimeter security detection market. In the Company's view, WiFi‐based threat detection technology may be utilized by a wide range of facilities, including schools, places of worship, shopping centres and theatres, to not only make their premises secure, but also reduce their cost of security, from the interior of a facility to the perimeter.
Certain statements contained in this news release may constitute forward‐looking information. Forward‐looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. The Company's actual results could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company's strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward‐looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents the Company's expectations as of the date hereof, and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.