Liberty Defense to Host Senior Delegates from Vietnam for Aviation Security Solutions
WILMINGTON, Mass., Jan. 18, 2024 /CNW/ - Liberty Defense Holdings Ltd. ("Liberty" or the "Company") (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2A), a leading technology provider of Artificial Intelligence (AI) based next generation detection solutions for protecting secure locations against prohibited weapons and other threats, is pleased to host a high-level delegation that will be comprised of senior decision-makers from Vietnam, representing the Ministry of Transport (MOT), Ministry of Public Investments (MPI), Civil Aviation Authority of Vietnam (CAAV), Airports Corporation of Vietnam (ACV), the General Department of Vietnam Customs (GDVC), and/or other relevant aviation stakeholders.
This is a US Trade and Development Agency (USTDA)-sponsored reverse trade mission that is organized and led by the Bilateral Chamber, a global membership-based network of international business leadership that establishes strategic connections between the U.S. and their global trading partners to foster growth, educational advancement, and cultural understanding.
The Reverse Trade Mission (RTM) will help advance Vietnam's goals of improving aviation safety and security standards as the country expands its aviation infrastructure to meet expected long-term air traffic demand increases, advance U.S. Government (USG) engagement with Vietnamese aviation stakeholders and help U.S. firms showcase their aviation security equipment and solutions.
As it pertains to Liberty Defense. this RTM is to showcase state-of-the-art U.S technologies and best practices in:
- Aviation safety and security
- Airport checkpoint design
- Passenger/cargo security screening
Liberty's HEXWAVE product, a next generation, walkthrough, contactless threat detection system for concealed non-metallic and metallic objects, uses AI to provide automated decisions to security operators to process people at speed. Liberty is also developing the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe screener technologies to upgrade airport checkpoint screening.
"We are excited to support this important Trade Mission on aviation security applications," said Bill Frain, CEO of Liberty Defense. "There is tremendous growth in Vietnam's infrastructure, and we look forward to showcasing our next generation technologies to support their upcoming security requirements."
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On Behalf of Liberty Defense
Bill Frain
CEO & Director
Liberty Defense (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2A) 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.
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SOURCE Liberty Defense Holdings Ltd.
Jay Adelaar, Senior Vice President of Capital Markets, Liberty Defense, 604-809-2500, [email protected]; For sales information, please contact: Ian McNaughton, Senior Director Business Development, Liberty Defense, 613-292-3669, [email protected]
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