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Liberty Defense Appoints Michael Lanzaro as President & CTO

Vancouver, BC & Atlanta, GA – April 22, 2021 – Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2), a leading concealed weapons detection solutions company, is pleased to announce that it has promoted Michael Lanzaro to the role of President & CTO.

Michael Lanzaro has over 25 years of management experience leading large high-tech organizations with product development, research and development (R&D), and marketing, as well as profit and loss responsibilities. Prior to joining Liberty Defense, Michael served as Vice President of Engineering for L3’s (LHX-NYSE) Security and Detection Systems division, where he oversaw technology, R&D, and engineering development. As part of his role, he and his team were responsible for the development and certification of the company’s millimeter wave body scanner, high throughput computed tomography checkpoint technology, and checked baggage systems. Prior to joining L3 in 2004, he spent seventeen years at Symbol Technologies, where he last served as Vice President of Engineering for the $700M+ mobile computing systems business prior to its $3.9B acquisition by Motorola.

Lanzaro received a Master of Science degree in Computer Science from New York Institute of Technology, a Master of Management degree from NYU’s Polytechnic University, and a Bachelor of Engineering degree in Electrical Engineering from Stevens Institute of Technology. He is also a holder of 11 issued U.S. Patents.

“I have had the pleasure of working with Mike for the past 15 years and have seen first-hand how he can successfully take a product from the conceptual phase right through to commercialization,” comments Bill Frain, CEO of Liberty Defense. “Mike has the leadership skills and strategic mindset to grow Liberty Defense into a true security and detection systems company spanning multiple and diverse technologies. He has established a great reputation in the global security marketplace, with customers and also within the technical community. He recently drove the completion of our licensing agreement for the next generation aviation HD-AIT technology and will look to leverage his experience as the company accelerates its development of the Liberty HEXWAVE platform.”

“I joined the company 18 months ago to develop and commercialize innovative and disruptive technologies for the global security and detection market, whether that means protecting the public while travelling, going to a ballgame, or simply going to an office for work,” states Lanzaro. “The recent incidents of violence in our country and beyond clearly demonstrates the need for the technologies that we are developing here at Liberty. It continues to be my passion to provide a more secure environment for people and to prevent tragic events from happening.”

On Behalf of Liberty Defense

Bill Frain
CEO & Director

About Liberty Defense

Liberty Defense (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2) provides multi-technology security solutions for concealed weapons detection in high volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools, and more. Liberty’s HEXWAVE product, for which the company 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, provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimeter wave-based, High Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its ongoing relationship with Battelle Memorial Institute. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: LibertyDefense.com

For further information about Liberty, please contact:

Email: info@libertydefense.com
Tel: 604-833-7356

 

FORWARD-LOOKING STATEMENTS

When used in this press release, the words “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although Liberty believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. Such statements and information reflect the current view of Liberty. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.

By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are a number of important factors that could cause Liberty’s actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general development, market and industry conditions. The parties undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of their securities or their respective financial or operating results (as applicable).

Liberty cautions that the foregoing list of material factors is not exhaustive. When relying on Liberty’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Liberty has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Liberty as of the date of this press release and, accordingly, are subject to change after such date. Liberty does not undertake to update this information at any particular time except as required in accordance with applicable laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

 

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