HITIF - Patriot One and Quasar Federal Finalize Exclusive TMS Licensing Agreement
TORONTO, ON – July 25, 2019 (GLOBE NEWSWIRE) – Patriot One Technologies Inc. (TSX:PAT) (OTCQX:PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of the PATSCAN™ Multi-Sensor Covert Threat Detection Platform (“PATSCAN”), is pleased to announce that it has completed an exclusive global commercial licensing agreement for intellectual property with Quasar Federal Systems, Inc. (“Quasar”) of San Diego, California, to ensure the successful deployment of PATSCAN TMS components. PATSCAN TMS employs intelligent targeted magnetic sensor technology to detect the on-body or in-bag location of a growing list of concealed threat objects, such as long-barreled weapons and bombs. It ...
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