Brief: Patriot One Acquires Artificial Intelligence Company Xtract Technologies

Xtract One Technologies

09/09/2019 14:12

Sept 9 (Reuters) - Patriot One Technologies Inc  PAT.TO :
    * PATRIOT ONE ACQUIRES ARTIFICIAL INTELLIGENCE (AI) COMPANY
XTRACT
TECHNOLOGIES INC.
    * PATRIOT ONE TECHNOLOGIES INC - DEAL FOR $6 MILLION AND
ISSUANCE
OF 9.4 MILLION PATRIOT ONE COMMON SHARES
    * PATRIOT ONE - FORMER XTRACT CHAIRMAN AND CEO KEVIN O'NEILL
HAS
BEEN RETAINED AS AN ADVISOR TO PATRIOT ONE AND BEEN INVITED TO
JOIN BOARD
    * PATRIOT ONE TECHNOLOGIES INC - XTRACT WILL CONTINUE TO
OPERATE
AS ITS OWN BUSINESS UNIT AND UNDER ITS CURRENT BRAND NAME
    * PATRIOT ONE TECHNOLOGIES INC - JEFFERY TINDALE HAS
RESIGNED FROM
BOARD

Source text for Eikon:  ID:nGNX9flg6p 
Further company coverage:  PAT.TO 

 ((Reuters.Briefs@thomsonreuters.com;))