Xtract One Technologies Teams Up with UBS Arena, Home of the NHL’s New York Islanders
Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL)(“Xtract One” or the “Company”), a leading technology-driven threatdetection and security solution that prioritizes the patron accessexperience by leveraging AI, today announced that its SmartGatewayscreening solution was selected to secure UBS Arena in New York.This contract is enabled through the Company’s partnership with OakView Group (OVG), a global sports and entertainment company. UBSArena, an 18,000-seat capacity venue located in New York’s historicBelmont Park, is home to the National Hockey League’s (NHL) NewYork Islanders.
Xtract One will provide fast and frictionlessfan screening to optimize UBS Arena’s patron experience whilebolstering safety and security. The SmartGateway will secure keyentrances for sports games, concerts, family shows and other liveevents held at UBS Arena. Together with Oak View Group, Xtract Oneis working towards providing high-quality experiences for customerswhile enhancing the comfortability and safety they feel whenattending high capacity events.
“We are pleased to have been selected by UBSArena and the New York Islanders to secure their premises, anothernoteworthy accomplishment after recently achieving DHScertification,” said Peter Evans, CEO of Xtract One. “We are inactive communication with many NHL teams and are excited by therapid increase in interest that the DHS award has helpedfacilitate. This latest deployment, expected to be completed in thecurrent quarter, perfectly blends the historic backdrop of thevenue with our next-generation SmartGateway AI technology. XtractOne’s advanced systems will enhance and strengthen UBS Arena’smission to provide safe, entertaining events for millions – givingpatrons the best time possible. We’re excited to have them as aclient and look forward to continue revolutionizing the customerexperience.”
Xtract One’s SmartGateway system leveragesAI-powered sensors to detect threats without invading guest privacyand comfort, making the screening process for high throughputvenues more efficient without compromising accuracy. TheSmartGateway scans patrons for weapons and other prohibited itemsas they enter the space in a discreet manner, enhancing patronexperience by reducing security line wait times while stillprioritizing their safety.
“At UBS Arena, guest experience is alwaysparamount. We want our guests to have a best in class experienceevery time they walk through our doors,” said Mike Sciortino,General Manager of UBS Arena. “For your safety and the safety ofothers, our screening process is now frictionless using Xtract Onetechnology. There is no need to remove any items, including smallbags and coats. Guests will be able to walk directly through thescreening system for an expedited security process.”
To learn more, visit www.xtractone.com.
About Xtract One
Xtract One Technologies is a leading technology-driven threatdetection and security solution leveraging AI to provide seamlessand secure patron access control experiences. The Company makesunobtrusive threat detection systems that enable venue buildingoperators to prioritize and deliver improved patron experienceswhile providing unprecedented safety. Xtract One’s innovativeGateway product enables companies to covertly screen for weapons atpoints of entry without disrupting the flow of traffic. ItsAI-based software allows venue and building operators to identifyweapons and other threats inside and outside of facilities, andreceive valuable intelligence for optimizing operations. For moreinformation, visitwww.xtractone.com or connect on LinkedIn,X, and Facebook.
About UBS Arena
UBS Arena is made for music and built for hockey. New York's newestpremier entertainment and sports venue and proud home of the NewYork Islanders is developed in partnership with Oak View Group, theNew York Islanders, and Jeff Wilpon.The state of the art arenahas welcomed top artists fromaround the globe since opening in November 2021 including BillyJoel, Bruce Springsteen, Chris Stapleton, Dua Lipa, Drake, HarryStyles, Marc Anthony and Suga. The venue delivers an unmatched liveentertainment experience for guests including clear sightlines andpremier acoustics.
UBS Arena is at the forefront of sustainability,recently achieving Zero Waste TRUE Silver certification in May 2024in addition to its LEED Green Building Certification and carbonneutrality for operations.
Located on the historic grounds of BelmontPark, UBS Arena is located just 30 minutes by LIRR from GrandCentral or Penn Station and is easily accessible from across theregion via mass transit or car. To plan your trip, please visitUBSArena.com/plan-your-trip.
For additional information, please visitUBSArena.com or @UBSArena on Facebook, Instagram and Twitter.
About Oak View Group
Oak View Group (OVG) is a global sports and entertainment companyfounded by Tim Leiweke and Irving Azoff in 2015. OVG is focused onbeing a positive disruption to business as usual in the sports,live entertainment, and hospitality industries and currently haseight divisions across five global offices (Los Angeles, New York,London, Philadelphia, and Toronto). OVG oversees the operations ofClimate Pledge Arena at Seattle Center, UBS Arena in Belmont Park,NY, and Moody Center in Austin, TX as well as arena developmentprojects for Acrisure Arena in Palm Springs, CA; Co-op Live inManchester, UK; and projects for Arena São Paulo in São Paulo, BZ;Baltimore Arena in Baltimore, MD; FirstOntario Centre Arena inHamilton, ON; a New Arena and entertainment district in Las Vegas,NV; and a New Arena in Cardiff, Wales. More information atOakViewGroup.com, and follow OVG on Facebook, Instagram, Twitter,and LinkedIn.
Forward Looking Statements
This news release contains forward-looking statements within themeaning of applicable securities laws. All statements that are nothistorical facts, including without limitation, statementsregarding future estimates, plans, programs, forecasts,projections, objectives, assumptions, expectations or beliefs offuture performance, are “forward-looking statements”.Forward-looking statements can be identified by the use of wordssuch 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 statementsthat certain actions, events or results “may”, “could”, “would”,“might” or “will” be taken, occur or be achieved. Suchforward-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 futureresults, events or developments expressed or implied by suchforward looking statements. Such risks and uncertainties include,but are not limited to, the risks detailed from time to time in thecontinuous disclosure filings made by the Company with securitiesregulations. These factors should be considered carefully, andreaders are cautioned not to place undue reliance on suchforward-looking statements. Although the Company has attempted toidentify important risk factors that could cause actual actions,events or results to differ materially from those described inforward-looking statements, there may be other risk factors thatcause actions, events or results to differ from those anticipated,estimated or intended. There can be no assurance thatforward-looking statements will prove to be accurate, as actualresults and future events could differ materially from thoseanticipated in forward-looking statements. The Company has noobligation to update any forward looking statement, even if newinformation becomes available as a result of future events, newinformation or for any other reason except as required by law.
For further information, please contact:
Xtract One Inquiries: info@xtractone.com,http://www.xtractone.com
Investor Relations: Chris Witty, DarrowAssociates, cwitty@darrowir.com, 646-438-9385
Media Contact: Kristen Aikey, JMG PublicRelations, kristen@jmgpr.com, 212-206-1645
UBS Arena inquiries:press@ubsarena.com
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