Patriot One Technologies Announces Departure of Dietmar Wennemer
04 Mai 2021 - 3:15PM
Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT:
0PL) (“Patriot One” or the “Company”) today announced that
President and Chief Operating Officer Dietmar Wennemer is leaving
the Company to accept a chief executive role with another
organization.
“On behalf of the board and the management team,
I would like to thank Dietmar for his many contributions to the
Company including accelerating our research and development program
so it is well positioned to deliver on our product roadmap, as
evidenced by recent customer wins,” Patriot One CEO Peter Evans
said. “We wish him well as he moves to a new challenge leading a
company.”
Wennemer will remain with Patriot One for the
balance of May to ensure a smooth transition. The Company plans to
announce any additional management changes at the appropriate
time.
About Patriot One
TechnologiesPatriot One Technologies makes unobtrusive,
artificial intelligence (AI)-driven weapons and threat detection
systems that enable arenas, schools, theaters and other businesses
to provide unprecedented safety while also improving the customer
experience. The Company’s Multi-Sensor Gateway enables companies to
invisibly screen for weapons at points of entry without disrupting
the flow of traffic, and its AI-based video-recognition software
(VRS) enables venue and building operators to identify weapons and
other threats inside and outside of facilities, while also
providing valuable intelligence for optimizing operations.
For further information, please contact:
Patriot One Technologies Inquiries
info@patriot1tech.com www.patriot1tech.com
Media ContactCaroline
MetellPatriotOne@threeringsinc.com
CAUTIONARY DISCLAIMER STATEMENT:
No securities exchange has reviewed nor accepts
responsibility for the adequacy or accuracy of the content of this
news release. This news release contains forward-looking statements
relating to system sales, product development, licensing,
commercialization and regulatory compliance issues and other
statements that are not historical facts. Forward-looking
statements are often identified by terms such as "will", "may",
"should", "anticipate", "expects”,” believes”, and similar
expressions. All statements other than statements of historical
fact, included in this release are forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from the Company's expectations include
counterparty default and other risks detailed from time to time in
the filings made by the Company with securities regulations. The
reader is cautioned that assumptions used in the preparation of any
forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from
those predicted, as a result of numerous known and unknown risks,
uncertainties, and other factors, many of which are beyond the
control of the Company. The reader is cautioned not to place undue
reliance on any forward-looking information. Such information,
although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may
differ materially from those anticipated. Forward-looking
statements contained in this news release are expressly qualified
by this cautionary statement. The forward-looking statements
contained in this news release are made as of the date of this news
release and the Company will update or revise publicly any of the
included forward-looking statements only as expressly required by
applicable law.
Neither the Toronto Stock Exchange (TSX) nor its
Regulation Services Provider (as that term is defined in policies
of the TSX) accepts responsibility for the adequacy or accuracy of
this release.
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