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TICKERS: SCAN; LD2

Threat Detection Firm Lands Partner to Finance Prospective Buyers
News Update

Source:

This arrangement will allow customers to purchase the security company's product without upfront costs.

Liberty Defense Holdings Ltd. (SCAN:TSX.V; LD2:FSE) announced that in a partnership arrangement, AMSOURCE Capital Ltd. will provide equipment finance and lease support to purchasers of the security solutions firm's HEXWAVE product.

AMSOURCE operates in the United States, Canada, Latin America and Europe, thus allowing for potential HEXWAVE sales financed by the lender in North America and globally.

Liberty Defense's management believes HEXWAVE will be priced competitively and its return on investment "compelling," the release noted. "However," Liberty CEO Bill Riker added, "when we were approached by AMSOURCE, we saw that there was an ability to facilitate the financing of HEXWAVE to remove the upfront costs to our customers and even make the investment thesis cash flow neutral or cash flow positive."

Ray Butler, CEO and president of AMSOURCE, commented, "AMSOURCE Capital is proud to have been selected as a strategic partner to provide equipment finance and lease support for Liberty Defense's customers. We are excited about the HEXWAVE technology and its upcoming launch and look forward to delivering creative financial solutions across all markets served by Liberty Defense."

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: none. She or members of her household are paid by the following companies mentioned in this article: none.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Liberty Defense Holdings. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Liberty Defense Holdings. Please click here for more information. Within the last six months, an affiliate of Streetwise Reports has disseminated information about the private placement of the following companies mentioned in this article: Liberty Defense Holdings.
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5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this interview, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Liberty Defense Holdings, a company mentioned in this article.




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