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Security Stock News: Liberty Defense (TSXV: SCAN) (OTCQB: LDDFF) Signs Canada’s Largest Airport to Test AI Security Detection System

WILMINGTON, Mass. and TORONTO – February 23, 2022 (Investorideas.com Newswire, Homelanddefensestocks.com) Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2), a leading technology provider of threat detection solutions for concealed weapons, is pleased to announce that it has signed an agreement with The Greater Toronto Airports Authority (“GTAA”) to trial HEXWAVE(TM) at Toronto Pearson International Airport (“Toronto Pearson”) during the third quarter of 2022.

Toronto Pearson will be the first airport in the world to trial the HEXWAVE walkthrough security detection portal. Several key members of the Liberty Defense team, including CEO Bill Frain, have previously been involved in the development and mass deployment of key screening technologies that are commonly found today at airports around the world.

“The HEXWAVE is planned to act as an additional layer of security at airports, extending the perimeter of the screened area to include the entrance to the airport itself,” said Bill Frain, CEO of Liberty Defense. “As airports continue to look at innovative ways to improve security, technology like HEXWAVE provides the ultimate solution.”

This strategy is known as a layered defense strategy, and it makes it possible for security teams to detect threats at the perimeter of a property without obstructing the movement of large groups of people. HEXWAVE can operate in both indoor and outdoor environments, providing additional flexibility for deployment of the system.

HEXWAVE uses 3D radar imaging and artificial intelligence, primarily to detect and identify concealed weapons, as well as other threats and anomalies, whether they are metallic or nonmetallic. The experience of passing through a HEXWAVE device is completely seamless. There is no need to stop and remove keys, cell phones, or other items from pockets. Moreover, HEXWAVE does not retain the 3D radar image and only displays a standardized person outline as shown in the figure included here.

“The GTAA places passenger and staff safety as our highest priority, and this means taking a proactive, innovative approach to staying ahead of emerging threats and minimizing them,” said Dwayne Macintosh, Director of Corporate Safety and Security for the GTAA. “We look forward to trialing HEXWAVE, and its potential to enhance safety at Toronto Pearson.”

As previously announced, Liberty is also working with the U.S. Transportation Security Administration (TSA) for demonstration and evaluation of the HEXWAVE and its expanded capabilities for screening aviation workers at a TSA designated airport location to enhance detection and throughput performance.

On Behalf of Liberty Defense
Bill Frain
CEO & Director

About Liberty Defense

Liberty Defense (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2) provides multi-technology security solutions for concealed weapons detection in high volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools, and more. Liberty’s HEXWAVE product, for which the company has secured an exclusive license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3D radar imaging technology, provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: LibertyDefense.com

FORWARD-LOOKING STATEMENTS

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. 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. 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 development, 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

SOURCE Liberty Defense Holdings Ltd.

For further information: about Liberty, please contact: Jay Adelaar, Senior Vice President of Capital Markets, Liberty Defense, 604-809-2500, jay@libertydefense.com

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