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4-Traders Homepage  >  Equities  >  Toronto Stock Exchange  >  Patriot One Technologies Inc    CY   CA70339L1085

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Patriot One Technologies : Growing Need for Global Security and Cyber Defense Accelerating Rapid Development of Digital Defense & National Security Industries

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04/27/2017 | 12:41pm CEST

Patriot One Technologies Inc.,, developer of a revolutionary award-winning concealed weapons detection system, is pleased to announce its entry into an agreement with a strategic industry partner aimed at significantly broadening its ongoing product commercialization activities.

The opportunity is being undertaken with a well-established and industry leading organization recognized as a Tier 1 Systems Integrator with offices and facilities around the globe. Patriot One has entered into an agreement which provides for a technical evaluation by both parties to identify operational efficiencies and opportunities employing Patriot One`s concealed weapons detection software and related hardware components. This will be accomplished through a series of integration tests with the partner. Read this and more news for Patriot One Technologies at: http://marketnewsupdates.com/news/ptotf.html

Both parties have indicated a willingness in principle to enter into a Value-Added Reseller (VAR) relationship whereby Patriot One may appoint the partner as a sales representative for several potential major markets. The terms and conditions of such a commercial relationship are planned for discussion throughout the evaluation period.

Company CEO, Martin Cronin notes, "Working with major commercial partners exactly aligns with our business model, as it offers extraordinarily attractive opportunities to propel our product roll-out and holds the potential to drive significant awareness of our product`s ability to decrease the menace of random public violence. We are benefitting from a period of intensifying interest and have greatly appreciated inquiries from a number of leading integrators, major potential distributors and resellers from literally around the globe. We attribute much of this interest to our recent and highly successful award-winning debut at ISC West in Las Vegas. Its an exciting time at Patriot One and we thank everyone for their ongoing commitment and interest in our endeavour."

(c) Sabanews.net 1999 - 2017 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Patriot One Technologies I Technical Analysis Chart | CY | CA70339L1085 | 4-Traders
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Jeffery Malcolm Tindale Director
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