Not for distribution to U.S. news wire services or dissemination in the United States
Vancouver, British Columbia – September 30, 2020 – First Responder Technologies Inc. (“First Responder” or the “Company”) (CSE: WPN | OTCQB: WPNNF | FWB: 3WK), a developer of WiFi-based technologies for detecting concealed weapons and for deterring mass shooting and terror attacks involving concealed weapons, is pleased to announce the appointment of Erin Campbell to the Company’s board of directors. Ms. Campbell is succeeding Dr. Mark Williams, who served as a director since 2019.
Robert Delamar, the Company’s CEO commented, “The Company is pleased to add a person with 20+ years of international public markets experience to our board of directors and audit committee. Ms. Campbell has distinguished herself in the political, venture capital and private equity worlds, and brings a deep understanding of capital markets, and the financing of technology development through Canadian public markets, to her board role at First Responder.”
Ms. Campbell commented, “I was impressed by the ability of the First Responder team to drive towards important commercialization milestones very quickly with a much needed safety and defense technology solution. An important phase of the Company will come with the achievement of the Alpha/minimal viable product milestone and first delivery of devices to customers. I’m pleased to be part of this next part of the journey and providing guidance and support to the team particularly around the funding and capital required for success. ”
“I would like to take this opportunity to thank Dr. Williams for his service as a director of the Company. Dr. Williams has worked tirelessly and it has been my pleasure to work with Dr. Williams. I wish Dr. Williams and his family all the best in their future endeavors,” Mr. Delamar added.
The Company has granted 200,000 restricted share units (each, an “RSU”) to a director of the Company, which will vest on September 30, 2021. All of the RSUs will be subject to the terms of the Company’s rolling restricted share unit plan and applicable securities law hold periods.
No securities regulatory authority has either approved or disapproved of the contents of this news release. The securities of the Company have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States, or to or for the account or benefit of any person in the United States, absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any common shares in the United States, or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.
On behalf of the Board of Directors,
“Robert F. Delamar”
Robert F. Delamar, CEO
First Responder Technologies Inc.
915 – 700 West Pender Street
Vancouver, BC. V6C 1G8
About Erin Campbell
Erin provides advisory leadership to CEOs and senior leadership teams in growth-focused public and private companies who wish to make the shift away from entrepreneur and sub-market capital and into senior private or public equity. She was recently appointed as an Advisor for Raiven Capital’s Silicon Valley-Canada Cross-Border Fund. In this role, she connects early-stage technology capital to compelling technology investments. Erin carries particular expertise in complex projects requiring financing solutions, including offtake and multi-lateral government banking group investment. She has developed key relationships with Chinese technology, manufacturing and financial groups and, from 2010 to 2015, led a multi-national and multi-disciplinary team to develop the Karakul Cobalt Mine in Altai, Russia. Active in Canadian politics since the late 1980s, Erin has managed and advised campaigns and leadership races at all levels of government. She also served on the staff of federal and provincial ministers and leaders, including the Leader of the Opposition (British Columbia) and the Canadian government’s Ministers of Indian Affairs and Defense. Ms. Campbell currently serves as the President of Canada Clean Energy Corp., a private company for which Mr. Delamar is also a director.
About First Responder Technologies Inc.
First Responder Technologies Inc. (the “Company”) is a technology development company that commercializes academic and internally developed intellectual property for use in the public safety market. The Company is developing a WiFi-based technology, based in part, on academic research licensed from Rutgers, the State University of New Jersey (“Rutgers”) that can be used to detect concealed weapons. The Company’s threat detection technology line of business was created to capture a significant portion of the global weapons detection systems market, and in particular, the global perimeter security detection market. In the Company’s view, WiFi‐based threat detection technology may be utilized by a wide range of facilities, including schools, places of worship, shopping centres and theatres, to not only make their premises secure, but also reduce their cost of security, from the interior of a facility to the perimeter.
For Further Information, Please Contact:
Mr. Alastair Macmichael
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
Certain statements contained in this news release may constitute forward‐looking information. Forward‐looking information is often, but not always, identified by the use of words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. The Company’s actual results could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company’s strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward‐looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents the Company’s expectations as of the date hereof, and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.