Xtract One Technologies Selected by Hyundai Transys to Secure Facilities and Keep Weapons Out

Vancouver, British Columbia, CANADA


TORONTO, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Xtract One Technologies (TSX: XTRA) (OTCQX: XTRAF) (FRA: 0PL) (“Xtract One” or the “Company”) today announced its SmartGateway security screening solution was selected to protect entrances at Hyundai Transys in West Point, Ga. The SmartGateway will be deployed at the manufacturing plant to protect workers and staff from weapons entering the buildings and to prevent mass casualty events.

“We were able to view and test Xtract One’s Gateway at our partner’s facility - Kia Georgia Inc. - which has had great success with keeping weapons out,” said Jinho Kim, manager, GA & EHS at Hyundai Transys Georgia Powertrain Inc. “We were impressed by the way the Gateway solution was quickly and accurately detecting weapons, and we felt the customization aspect would fit seamlessly into our manufacturing facility.”

Xtract One’s SmartGateway is the latest iteration of its Gateway screening solution. It is a fast, frictionless, entry screener used by manufacturing plants, casinos and large arenas to unobtrusively detect guns, knives and other potential weapons on people as they enter a facility – without requiring them to empty their pockets of personal items.

“Auto manufacturers, their supply chains and other large workplaces are well suited for our Gateway solution, since they often have to get hundreds of workers through the doors quickly during shift changes, which, without modern weapons detection technology, can be a long and slow process,” said Peter Evans, CEO of Xtract One. “This is now our third customer in the auto manufacturing industry. Modern times calls for modern screening technology to protect employees. Walk-through metal detector systems are inefficient by modern standards, especially for these large facilities. They’re less secure and more intrusive than our Gateway, which makes our system the obvious choice to protect workers, partners and others who are entering a facility.”

The SmartGateway works by using artificial intelligence (AI)-powered scanners to detect concealed guns and knives and then alert security personnel to conduct a secondary screening. If people aren’t carrying weapons, they simply walk through – no need to empty their pockets or other personal articles. Upgrades to the system have made SmartGateway very easy to learn and use, meaning it requires fewer personnel to operate relative to other scanning systems. It is also customizable to fit the security needs and requirements of individual facilities, including look and feel.

“We were so pleased with the way the Gateway solutions looked and worked at our facilities that we recommended Xtract One to our partner, Hyundai Transys,” said Ryan Smith, Program Manager – Security, at Kia Motors Manufacturing Georgia, Inc. “Since implementing the solution, we have prevented a significant number of weapons from entering our facility. Additionally, the personnel screening time has been drastically reduced (21 seconds to 2.5 seconds). In an industry based on “just in time” processes, that additional time provides production the flexibility to maintain work areas during crucial times.”

For more on Xtract One’s security screening solutions, please visit: https://xtractone.com/products/

About Xtract One Technologies
Xtract One Technologies is a leading technology-driven threat detection and security solution leveraging AI to provide seamless and secure patron access control experiences. The Company makes unobtrusive threat detection systems that enable venue building operators to prioritize and deliver improved patron experiences while providing unprecedented safety. Xtract One’s innovative multi-sensor Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based Xtract Vision allows venue and building operators to identify weapons and other threats inside and outside of facilities, and Xtract One Insights provides valuable intelligence for optimizing operations. For more information, visit www.xtractone.com or connect on FacebookTwitter, and LinkedIn

For further information, please contact:
Xtract One Inquiries 
info@xtractone.com
http://www.xtractone.com/

Media Contact
Kristen Aikey, JMG Public Relations
kristen@jmgpr.com – 347-394-8807

Investor Relations
xtract1@rbmilestone.com

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This news release contains forward-looking statements within the meaning of applicable securities laws 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”, “anticipates”, “expects”,” believes”, and similar expressions or the negative of these words or other comparable terminology. 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 but are not limited to: results of operational activities, completion of contracts; the Company’s limited profitability; dependence on management; the Company’s need for additional financing and the effects of financial market conditions and other factors on the availability of capital; competition, including that of better funded competitors; the impact of the Russia-Ukraine conflict on the global economy; the continued impact of the COVID-19 pandemic; the need to build alliances and partnerships, including with customers and suppliers; 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.

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