Xtract One Technologies Secures Contracts with NBA, MLB & NHL Teams Following New U.S. DHS SAFETY Act Designation

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TORONTO, June 06, 2024 (GLOBE NEWSWIRE) — Xtract One Technologies (TSX:XTRA)(OTCQX:XTRAF)(FRA: 0PL) (“Xtract One” or the “Company”), a leading technology-driven threat detection and security solution that prioritizes the patron access experience by leveraging AI, today announced contracts with teams representing Major League Baseball (MLB), the National Hockey League (NHL), and National Basketball Association (NBA). These contracts were awarded following Xtract One’s recent announcement that SmartGateway has been designated as a U.S. Department of Homeland Security (DHS) SAFETY Act Qualified Anti-Terrorism Technology (QATT).

After undergoing thorough evaluation processes for each organization, Xtract One was ultimately selected by these NBA, MLB, and NHL teams who share the Company’s dedication to prioritizing security first, and providing state-of-the-art security solutions to amplify fan safety and overall experience. For each organization, the selection process entailed rigorous testing, including red teaming assessments and consultations with third-party testing sites, which validated Xtract One’s position as an industry leader in security technology. The nature of Xtract One’s technology, which was designed for high throughput venues, allows for seamless integration. This factor played a crucial role in the decision-making process for these professional sports league organizations.

“Since receiving our DHS SAFETY Act designation, we’ve been able to further expand our customer base of forward-thinking, innovative venues and organizations, and demand continues to increase,” said Peter Evans, CEO of Xtract One Technologies. “Working together with teams in the NBA, MLB, and NHL allows us to bring our innovative technology to a larger scale across the United States and put patron and community safety at the forefront for games all season long. Our business development activity with such …

Full story available on Benzinga.com