Xtract One Drives International Growth Through US$2.6 Million Follow-On Contract with Global Entertainment Organization
Builds on Prior SmartGateway Installation as Customer Site Expands
TORONTO, Aug. 14, 2025 (GLOBE NEWSWIRE) -- (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) (“Xtract One” or the “Company”) today announced it has been awarded a US$2.6 million contract to expand its deployment at a major international entertainment organization’s venue. This additional project extends Xtract One’s at the same location and demonstrates customer satisfaction along with growing demand for the Company’s solutions in international markets. The initial three-year deal totaled over US$5.1 million and included hardware, software, installation, and support components.
With deployment of this three year expansion contract planned for 2026 to align with the organization’s scheduled expansion and enhancement activities, this project will scale up Xtract One’s existing footprint and further support the entertainment organization’s mission to deliver safer guest experiences at its venue. With this expansion, Xtract One reinforces its strategic commitment to delivering its innovative technologies to world-class, forward-thinking destinations globally. The expansion also indicates successful product fit and function, able to address the venue’s unique needs and international requirements.
“Working together for two years now, we’re honored to continue strengthening our partnership with this landmark destination to further showcase the efficacy of our weapons detection technology on a global scale,” said Peter Evans, CEO of Xtract One. “International growth is a core focus for us, and this expansion project – with such a prominent organization – underscores the value of our solutions for key players around the world, provides another strong reference account, and ensures the safety and outstanding experiences for the more than 25 million patrons who visit the venue annually. I believe this is the single largest deployment of any solution globally. As more organizations across the world adopt tech-driven security solutions — particularly those that address the critical need for accurate knife detection — we look forward to further expanding our international customer base and showcasing SmartGateway as a viable solution for all venue security needs.”
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About Xtract One
is a leading technology-driven provider of threat detection and security solutions leveraging AI to deliver seamless and secure experiences. The Company makes unobtrusive weapons and threat detection systems that are designed to assist facility operators in prioritizing- and delivering improved “Walk-right-In” experiences while enhancing safety. Xtract One's innovative portfolio of AI-powered Gateway solutions excels at allowing facilities to discreetly screen and identify weapons and other threats at points of entry and exit without disrupting the flow of traffic. With solutions built to serve the unique market needs for schools, hospitals, arenas, stadiums, manufacturing, distribution, and other customers, Xtract One is recognized as a market leader delivering the highest security in combination with the best individual experience. For more information, visit or connect on , , and .
About Threat Detection Systems
Xtract One solutions, when properly configured, deployed, and utilized, are designed to help enhance safety and reduce threats. Given the wide range of potential threats in today's world, no threat detection system is 100% effective. Xtract One solutions should be utilized as one element in a multilayered approach to physical security.
Forward Looking Statements
This news release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance and customer contracts, are “forward-looking statements”. Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements. Such risks and uncertainties include, but are not limited to, the risks detailed from time to time in the continuous disclosure filings made by the Company with securities regulations. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements. The Company has no obligation to update any forward looking statement, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.
For further information, please contact:
Xtract One Inquiries: ,
Investor Relations: Chris Witty, Darrow Associates, , 646-438-9385
Media Contact: Kristen Aikey, JMG Public Relations, , 212-206-1645
