Liberty Announces Appointment of VP of Sales & Business Development

VANCOUVER and ATLANTA, GA, July 24, 2019 /CNW/ – Liberty Defense Holdings, Ltd.[1] (“Liberty“) (TSXV: [2]SCAN[3]; FRANKFURT: LD2[4]) is pleased to announce the appointment of Robert (Bob) Falk as Vice President of Sales and Business Development.

Mr. Falk has over 20 years of experience in the detection and security inspection industries as well as in business development and sales. Mr. Falk served as Evolv Technology’s Director of International Sales, and has also worked as an independent aviation security consultant for a number of U.S. and European companies including Gilardoni, AS&E and Surescan.

Mr. Falk started his career in the security field with Vivid Technologies in 1996 as Regional Manager for Europe and the Middle East markets. He also worked in business development and sales with PerkinElmer Detection Systems, SAIC and InVision Technologies. Prior to joining Vivid, Mr. Falk held sales management positions with AMPEX (Professional Video) and Nokia Machinery (Wire & Cable) covering Eastern Europe, U.S. and Asia Pacific territories.

“Today our focus is very much on the important task of developing HEXWAVE, and the upcoming testing, we also need to have an eye to the future as we develop our go-to-market and sales strategy. Our VP of Implementation is already in place and is providing invaluable feedback in the design of the initial generation of our HEXWAVE units, particularly regarding HEXWAVE’s underlying smart technology and inter-connectivity with existing systems,” said Bill Riker, CEO of Liberty. “Bob’s tremendous experience in the detection and security industry coupled with his more recent experience at Evolv, will further enhance our initial customer experiences and help ensure the the successful adoption of HEXWAVE, as well as providing strong access to our market verticals. A 2018 Homeland Security Report estimated that the Global Explosives & Weapons Detection Systems in Liberty’s four market verticals would exceed US$7.5 billion in 2025.”

Mr Falk commented, “Upon discovering the compatibilities of HEXWAVE, I reached out to Liberty and was further impressed by not only the team but the pace of development that is being achieved. I am truly excited to join the Liberty team as they look to bring this disruptive innovative technology to the urban security market.”

On Behalf of Liberty Defense
Bill Riker
CEO & Director

About Liberty Defense
Liberty provides security solutions for concealed weapon detection in high volume foot traffic areas and has secured an exclusive license from MIT Lincoln Laboratory, as well as a technology transfer agreement, for patents related to active 3D imaging technology that are packaged into the HEXWAVE product. The system is designed to provide discrete, modular and scalable protection to provide layered, stand-off detection capability. This is intended to provide a means to proactively counter evolving urban threats. The sensors with active 3D imaging and AI-enhanced automatic detection are designed to detect metallic and non-metallic firearms, knives, explosives and other threats. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: LibertyDefense.com[5]

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. The forward-looking statements and information in this press release include information relating to future sales and development of HEXWAVE. 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. Such factors include, among others, the following risks: there is no assurance to commence operations. 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 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.

All amounts referred to herein are in Canadian dollars unless otherwise indicated.

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: LIBERTY INVESTOR RELATIONS: Adam Ross, Telephone: 604-336-9820 x1, Toll-Free: 1-833-923-3334, Email: [email protected]; LIBERTY MEDIA RELATIONS: Brittany Whitmore, Telephone: 778-238-6096, Email: [email protected][6][7]

Related Links

www.libertydefense.com
[8]

References

  1. ^ Liberty Defense Holdings, Ltd. (c212.net)
  2. ^ TSXV: (c212.net)
  3. ^ SCAN (www.newswire.ca)
  4. ^ FRANKFURT: LD2 (c212.net)
  5. ^ LibertyDefense.com (c212.net)
  6. ^ [email protected] (www.newswire.ca)
  7. ^ [email protected] (www.newswire.ca)
  8. ^ Link to http://www.libertydefense.com (www.libertydefense.com)

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