TORONTO, March 17, 2026 (GLOBE NEWSWIRE) -- Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) (“Xtract One” or the “Company”) today announced its Xtract One Gateway (“Gateway”) system has been selected by Alabama’s Morgan County Schools (“MCS”) to strengthen security processes across its facilities. The 18-school district will initially deploy Gateway across its many high school campuses: Brewer High School, Falkville High School, Priceville High School, West Morgan High School, and Danville High ...

Core Insights - Xtract One Technologies' Gateway system has been selected by Manor Independent School District to enhance security measures across its campuses [1][2][3] - The deployment is part of a broader multi-tier safety initiative that began in Fall 2024, aimed at improving long-term security processes [2][3] - The Gateway system is designed to detect weapons among everyday items, addressing key safety concerns for the district [2][3] Company Overview - Xtract One Technologies specializes in AI-driven threat detection and security solutions, focusing on unobtrusive weapons detection systems [5] - The company's Gateway solutions are tailored for various environments, including schools, hospitals, and stadiums, ensuring high security while maintaining a seamless experience for users [5] Deployment Details - The initial deployment includes seven Gateway systems at four high schools, with plans to expand to all 15 campuses in the district [2] - An additional 11 systems are planned for future deployment, solidifying the Gateway as a permanent part of the district's security strategy [2] Technology Features - The Gateway system utilizes advanced sensors to differentiate between everyday items and potential threats, allowing for faster screening processes [3] - It can streamline access up to four times faster than traditional methods while ensuring individual privacy and safety standards [3]

Core Insights - Cisco Systems' security business is experiencing strong demand, particularly for Cisco Secure Access, Hypershield, and XDR, with mid-single-digit order growth in Q4 fiscal 2025 [1][2][10] - Security revenues reached $1.95 billion, reflecting a 9% year-over-year increase, driven by offerings from Splunk and SASE [2][10] - Cisco's collaboration with NVIDIA enhances its leadership in security by integrating Nexus switches with Spectrum-X architecture [3] Security Business Performance - Cisco's security revenues were $1.95 billion, up 9% year-over-year, with significant contributions from Splunk and SASE [2][10] - The company added 750 new customers in the reported quarter, with Splunk synergies contributing to a 14% year-over-year growth in new logos [1][10] - Excluding sluggish U.S. federal order growth, security order growth in the rest of the world increased by double digits in Q4 [2] Future Outlook - Cisco expects Q1 fiscal 2026 revenues between $14.65 billion and $14.85 billion, indicating a 6.7% growth from the previous year [4][10] - The Zacks Consensus Estimate for Q1 fiscal 2026 is set at $14.77 billion [4] - Earnings per share for Q1 fiscal 2026 are projected between 97 cents and 99 cents, suggesting a 7.7% year-over-year growth [14] Competitive Landscape - Cisco faces increasing competition from Broadcom and Okta in the enterprise security sector [5] - Broadcom's security offerings accounted for 44% of its revenues in Q2 fiscal 2025, with new tools aimed at improving security and operational efficiency [6] - Okta's AI-powered capabilities are gaining traction, enhancing its product offerings in identity security [7] Stock Performance and Valuation - Cisco shares have appreciated 16.7% year-to-date, outperforming the broader Zacks Computer and Technology sector's return of 12.9% [8] - Cisco's forward 12-month price/sales ratio is 4.59X, compared to the industry average of 4.31X, indicating potential overvaluation [12]

Core Insights - Xtract One Technologies has been selected by Meridian Public School District to implement its SmartGateway system to enhance school safety across its campuses [1][2][3] - The SmartGateway system is designed to provide unobtrusive screening for concealed threats, ensuring a secure yet welcoming environment for students and staff [1][4] Company Overview - Xtract One Technologies specializes in AI-driven threat detection and security solutions, focusing on creating seamless and secure experiences for various facilities [6] - The company’s SmartGateway system replaces traditional metal detectors with advanced AI sensors that discreetly detect weapons and prohibited items without compromising privacy [4][6] Industry Context - The deployment of SmartGateway at Meridian Public Schools reflects a growing emphasis on proactive threat detection in educational institutions, aiming to maintain a safe learning environment for over 4,500 students and 1,000 employees [2][3] - The partnership between Xtract One and Meridian Public Schools highlights a commitment to enhancing safety protocols and creating positive learning environments [3][4]

Core Insights - Xtract One Technologies has been selected by Mecklenburg County Public Schools to implement its Gateway system for enhanced school security [1][2][4] - The Gateway system is designed to efficiently screen for weapons while allowing students to carry personal items without the need for divesting [3][4] - The partnership aims to improve safety and provide a deterrent against contraband and weapons in schools [4] Company Overview - Xtract One Technologies specializes in AI-driven threat detection and security solutions, focusing on unobtrusive weapons detection systems [6] - The company's Gateway solutions are tailored for various environments, including schools, hospitals, and stadiums, ensuring high security while maintaining a seamless experience for users [6] Industry Context - The implementation of advanced security systems like Xtract One's Gateway reflects a growing trend in educational institutions to enhance safety measures amid rising concerns about school security [2][4] - The Gateway system addresses previous challenges faced by schools in effectively screening personal items, thus streamlining security processes [2][3]

Fiscal Q1'26 Earnings Presentation June 2025 This presentation includes market and industry data and forecasts that the Company has derived from independent consultant reports, publicly available information, various industry publications, other published industry sources, and its internal data and estimates. Independent consultant reports, industry publications, and other published industry sources generally indicate that the information contained therein was obtained from sources believed to be reliable. ...