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Liberty Announces signing of Cooperative Research and Development Agreement (CRADA) with MIT LL

Vancouver, B.C. – December 21, 2018 – Liberty Defense Holdings Inc. (“Liberty” or LDH) is pleased to announce the signing of a Cooperative Research and Development Agreement with Massachusetts Institute of Technology Lincoln Laboratory (MIT LL).

Liberty Defense is pleased to announce the completion of the Cooperative Research and Development Agreement with MIT LL. As part of the commercialization and go-to-market strategy, LDH has identified technology enhancements required to make a commercial product and have entered into the CRADA agreement with MIT LL to leverage off their expertise and experience to accelerate the development of the product.

COO Aman Bhardwaj commented, “One of the key success criteria for any new technology is to determine how the technology will work with the real-world constraints (environment, concept of operations, regulatory etc.). Our team has spent significant time talking to security teams, security integrators, FCC consultants, and test labs to understand these constraints and make the necessary technology enhancements to commercialize the product. The CRADA with MIT LL is a critical part of this effort and we are very excited to work with MIT LL to make the necessary enhancements to the active 3D imaging system.”

CEO Bill Riker commented, “The implementation of this CRDA is representative of the outstanding dedication to the threat detection mission that our business is pursuing. Through this CRADA, we are drawing upon the world-renowned expertise of MIT LL cadre to build on the technology that we licensed to bring this critical capability to the urban security environment.”

About Liberty Defense
Liberty Defense Technologies (“Liberty Defense”) is a leader in security and weapons detection solutions that has secured an exclusive license from MIT Lincoln Laboratory, as well as a technology transfer agreement, for IP and design related to active 3D imaging technology used in the HEXWAVE product. The technology enables real-time indoor/outdoor layered protection for high volume foot traffic areas and can be scaled to fit multiple or unique entry points to provide a layered, stand-off detection capability. This aligns with the Departments of Homeland Security’s declared need for “Layered Defense” by providing a means to proactively counter evolving urban threats. The HEXWAVE product can detect metallic and non-metallic firearms, knives, and explosives. Headquartered in the greater Atlanta, Georgia area, Liberty Defense is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: LibertyDefense.com

Cautionary Statement
The statements in this press release are for general information only. They are not a representation, warranty or offer to sell securities, and do not create legal obligations of any kind. No party is permitted to rely on the statements in this press release for any purpose, and Liberty Defense also assumes no obligation to update any information contained herein.

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