First Responder Technologies Demonstrates Advanced AI Open‐carry Weapons Detection Product
FIRST RESPONDER TECHNOLOGIES DEMONSTRATES ADVANCED AI OPEN‐CARRY
WEAPONS DETECTION PRODUCT
Not for distribution to U.S. news wire services or dissemination in the United States
Vancouver, British Columbia – May 19, 2020 – First Responder Technologies Inc. (“First
Responder” or the “Company”) (CSE: WPN | FWB: 3WK) a developer of WiFi‐based technologies
to detect and deter mass shooting and terror attacks involving concealed weapons, is pleased to
announce that it is developing an advanced AI open‐carry weapons detection camera, and
successfully demonstrated a proof of concept to the Company’s Board of Directors and Advisory
Council at its fiscal Q3 board meeting held on May 15, 2020 (the “Smart AI Camera”).
The Smart AI Camera, which will utilize advanced machine learning and artificial intelligence
(“AI”) processing on the edge, is expected to feature live‐streaming video analytics technology
for smart surveillance and monitoring, and generate early warning alarms for events that have
the potential to harm property or persons (including, for example, the detection of openly carried
weapons, such as guns or large knives).
The Smart AI Camera, when combined with the Company’s concealed weapon detection
technology, is expected to provide comprehensive weapon detection and perimeter protection
capabilities for a variety of premises, including expanded coverage for residential buildings and
detached properties. As such, the development of the Smart AI Camera marks a notable
expansion of the Company business into the home surveillance market, with an increased focus
on consumer applications for the Company’s products and services.
“We are especially pleased to make today’s announcement given these trying times. Our team
has continued to work exceptionally hard through this adversity to conceptualize, design and
demonstrate the proof of concept Smart AI Camera product we unveiled today. This innovation
in open‐carry weapons detection, combined with our WiFi‐based concealed weapons detection
product, will help to make homes and businesses safer,” said Robert Delamar, the Company’s
CEO.
According to data sourced from the World Economic Forum, a significant increase in the
unemployment rate, arising from an economic shock, correlates with increased rates of crime.1
1 Source: https://www.weforum.org/agenda/2015/03/do‐recessions‐increase‐crime/
A video illustrating the expected look and functionality of the Smart AI Camera may be viewed
at the following web page:2 https://vimeo.com/418565909/eaa073cad5
The Smart AI Camera prototype is expected to feature the following hardware specifications:
On‐edge AI capabilities
4K Resolution
Wide, Normal and Narrow Angle Lens options
Digital image stabilization
Lens Distortion correction
USB port, SD card slot
Built in microphone and audio out
The Company demonstrated the software underlying the Smart AI Camera at its recent board
meeting held on May 15, 2020. Management of the Company anticipates that it will deliver a
prototype of the Smart AI Camera for demonstration to early prospective customers by the end
of June 2020, with commercial availability of a minimum viable product expected by the end of
December 2020.
RSU Grants
The Company has granted 1,140,000 restricted share units (each, an “RSU”) to certain directors,
officers and consultants of the Company, with 1/3 of the of the RSUs vesting on December 31,
2021, 1/3 vesting on December 31, 2022 and 1/3 vesting on December 31, 2023. All of the RSUs
will be subject to the terms of the Company’s rolling restricted share unit plan and applicable
securities law hold periods.
No securities regulatory authority has either approved or disapproved of the contents of this news
release. The securities of the Company have not been, nor will they be, registered under the United
States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or
sold in the United States, or to or for the account or benefit of any person in the United States,
absent registration or an applicable exemption from the registration requirements. This press
release shall not constitute an offer to sell or the solicitation of an offer to buy any common shares
in the United States, or in any other jurisdiction in which such offer, solicitation or sale would be
unlawful.
On behalf of the Board of Directors,
“Robert F. Delamar”
2 The video is based on the Company’s expected look and functionality of the Smart AI Camera once a minimum viable product is achieved. The
Smart AI Camera could differ materially from the product depicted in the video, or a minimum viable product may not be achieved at all. The
Company believes that the expectations depicted in the video are reasonable, but no assurance can be given that these expectations will prove
to be correct and the contents of the video should not be unduly relied upon.
Robert F. Delamar, CEO
First Responder Technologies Inc.
915 ‐ 700 West Pender Street
Vancouver, BC. V6C 1G8
+1‐604‐227‐9821
About First Responder Technologies Inc.
First Responder Technologies Inc. (the “Company”) is a technology development company that
commercializes academic and internally developed intellectual property for use in the public
safety market. The Company is developing a WiFi‐based technology, based in part, on academic
research licensed from Rutgers, the State University of New Jersey (“Rutgers”) that can be used
to detect concealed weapons. The Company’s threat detection technology line of business was
created to capture a significant portion of the global weapons detection systems market, and in
particular, the global perimeter security detection market. In the Company’s view, WiFi‐based
threat detection technology may be utilized by a wide range of facilities, including schools, places
of worship, shopping centres and theatres, to not only make their premises secure, but also
reduce their cost of security, from the interior of a facility to the perimeter.
For more information visit: www.firstrespondertech.com or follow us on Twitter, LinkedIn and
Facebook.
For Further Information, Please Contact:
General Inquiries:
Investor Relations:
Lyle McLennan
Media Contacts:
Alastair Macmichael
CAUTION REGARDING FORWARD‐LOOKING INFORMATION
Certain statements contained in this news release may constitute forward‐looking information.
Forward‐looking information is often, but not always, identified by the use of words such as
“anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar
expressions. Forward‐looking information involves known and unknown risks, uncertainties and
other factors that may cause actual results or events to differ materially from those anticipated
in such forward‐looking information. The Company’s actual results could differ materially from
those anticipated in this forward‐looking information as a result of regulatory decisions,
competitive factors in the industries in which the Company operates, prevailing economic
conditions, changes to the Company’s strategic growth plans, and other factors, many of which
are beyond the control of the Company. The Company believes that the expectations reflected
in the forward‐looking information are reasonable, but no assurance can be given that these
expectations will prove to be correct and such forward‐looking information should not be unduly
relied upon. Any forward‐looking information contained in this news release represents the
Company’s expectations as of the date hereof, and is subject to change after such date. The
Company disclaims any intention or obligation to update or revise any forward‐looking
information whether as a result of new information, future events or otherwise, except as
required by applicable securities legislation.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the Canadian Securities Exchange) accepts responsibility for the
adequacy or accuracy of this release.