VANCOUVER and ATLANTA, Aug. 30, 2019 /CNW/ - Liberty Defense Holdings Ltd. ("Liberty") (TSXV: SCAN; FRANKFURT: LD2; OTCQB:LDDFF), a leading concealed weapons detection solutions company, is pleased to announce that it has become a member of the Open Network Video Interface Forum ("ONVIF"). Liberty will be working with ONVIF to further enhance the functionality of HEXWAVE's smart interface subsystem.
ONVIF is an organization with a mandate to standardize interfaces for effective interoperability across devices in the physical security industry.
The smart interface functionality subsystem is a component of HEXWAVE that enables it to interact with a facility's existing security infrastructure such as video camera, locks and alarm systems, and provides both analytics and threat alerts that can be sent to the appropriate surveillance and access control devices.
Alignment with ONVIF specifications will provide HEXWAVE with the functionality to integrate with IP-based security devices, such as access control, door control and advanced video streaming. This compatibility will create additional opportunities for partnerships, and help to grow market acceptance of HEXWAVE.
HEXWAVE offers real-time detection of both metal and non-metal threats to counter the possibility of mass violence in public and crowded spaces. HEXWAVE uses active 3D imaging technology, artificial intelligence (AI) and deep neural networks to enhance image reconstruction algorithms, object classification and anomaly detection.
According to Bill Riker, Liberty's CEO, smart functionality is essential in today's connected world to deliver rich and actionable information to security personnel in real time. HEXWAVE incorporates computing power, network connectivity via WiFi and ad hoc networking, data analytics, interactivity with compatible third party surveillance devices and delivers over-the-air software updates.
"To save lives, every tenth of a second matters and detecting weapons in real-time and then delivering the threat information in real-time is essential," said Riker. "The capability to integrate with existing security devices is critical in order to stop a threat from entering a facility, or track the threat with video surveillance."
In June, 2019, Liberty published an in-depth look at the four HEXWAVE subsystems, among which is smart interface functionality. The release is on the company's website and can be viewed here.
CEO Bill Riker announces that Sam Parotta is resigning as a Director of the Liberty Defense Board, effective August 30, 2019. "I'd like to personally express my appreciation for Sam's efforts in helping to get the Liberty Defense team to its current standing, and wish him a sincere best wishes in his future roles."
On Behalf of Liberty Defense
CEO & Director
About Liberty Defense
Liberty provides security solutions for concealed weapon detection in high volume foot traffic areas and has secured an exclusive license from MIT Lincoln Laboratory, as well as a technology transfer agreement, for patents related to active 3D imaging technology that are packaged into the HEXWAVE product. The system is designed to provide discrete, modular and scalable protection to provide layered, stand-off detection capability. This is intended to provide a means to proactively counter evolving urban threats. The sensors with active 3D imaging and AI-enhanced automatic detection are designed to detect metallic and non-metallic firearms, knives, explosives and other threats. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: LibertyDefense.com
About Open Network Video Interface Forum
ONVIF's mission is to provide and promote standardized interfaces for effective interoperability of IP-based physical security products. The main objectives of ONVIF are: standardization of communication between IP-based physical security products, interoperability regardless of brand, and openness to all companies and organizations. Founded in 2008, ONVIF has a robust membership base worldwide consisting of manufacturers, software developers, consultants, system integrators, and end users.
When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although Liberty believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. The forward-looking statements and information in this press release include information relating to company memberships. Such statements and information reflect the current view of Liberty. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: there is no assurance membership will continue. There are a number of important factors that could cause Liberty's actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general market and industry conditions. The parties undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of their securities or their respective financial or operating results (as applicable).
Liberty cautions that the foregoing list of material factors is not exhaustive. When relying on Liberty's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Liberty has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Liberty as of the date of this press release and, accordingly, are subject to change after such date. Liberty does not undertake to update this information at any particular time except as required in accordance with applicable laws.
All amounts referred to herein are in Canadian dollars unless otherwise indicated.
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SOURCE Liberty Defense Holdings Ltd.
For further information: LIBERTY INVESTOR RELATIONS: Adam Ross, Telephone: 604-336-9820 x1, Toll-Free: 1-833-923-3334, Email: [email protected]; LIBERTY MEDIA RELATIONS: Brittany Whitmore, Telephone: 778-238-6096, Email: [email protected]