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Liberty Defense Announces Management Changes and Board Appointment

Liberty Defense Announces Management Changes and Board Appointment Canada NewsWire...

articleLiberty Defense Holdings Ltd.May 8, 20205/company/liberty-defense-holdings-ltd/news/liberty-defense-announces-management-changes-and-board-appointment
Liberty Defense Announces Management Changes and Board Appointment

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[{"type":"text","content":"\n\n\n\nLiberty Defense Announces Management Changes and Board Appointment\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER and ATLANTA, May 8, 2020\n\n\n\nVANCOUVER and ATLANTA, May 8, 2020 /CNW/ - Liberty Defense Holdings Ltd. (\"Liberty\" or the \"Company\") (TSXV: SCAN, FRANKFURT: LD2, OTCQB: LDDFF), a leading concealed weapons detection company, announces that the Company has made certain management and board changes associated with ongoing merger with DrawDown Detection Inc..\n\n \n \n \n \n \n \n\n \nEffective May 1st, 2020, Aman Bhardwaj assumed the role of Interim CEO and Director of the Company. Mr. Bhardwaj will also continue in his role as COO and President of US Operations, which he has held since inception of the Company.\nIn connection with the merger, Bill Riker (Liberty's former CEO) and Damian Towns (Liberty's former CFO) agreed to terminate their employment with the Company effective April 30, 2020, in order to facilitate the merger.\nAt the request of the Board, both Mr. Riker and Mr. Towns will remain on the Board of Directors in the interim in order to assist with the completion of the merger.  The Company hopes to be in a position to provide an update on the merger shortly.\nOn Behalf of Liberty DefenseAman BhardwajInterim CEO & Director\nAbout Liberty Defense Liberty provides security solutions for concealed weapon detection in high volume foot traffic areas and has secured an exclusive license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement, for patents related to active 3D radar 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 radar imaging and Artificial Intelligence (AI)-enhanced automatic detection are designed to detect metallic and non-metallic firearms, knives, explosives and other threats. Liberty is ...

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