Liberty Defense Secures Preferred Partnership with Amsource Capital Ltd.

Liberty Defense Holdings Ltd. (Liberty) (TSXV: SCAN; FRANKFURT: LD2), a leader in security and concealed threat detection solutions, is announcing Amsource Capital Ltd. (Amsource) as a preferred financing partner, to faciliate large and small ticket leasing and financing for purchasers of its HEXWAVE product.

Liberty’s commitment to ensuring safety and peace of mind in communities has led the company to explore financing solutions for prospective clients. Amsource has the capacity to facilitate purchases and leases to provide Liberty’s clients with the opportunity to procure HEXWAVE and the flexibility to secure their premises without incurring any upfront financial costs.

Amsource operates in the US, Canada, Latin America, and Europe, allowing for access to these markets and facilitating purchases both in North America and internationally.

“We are committed to providing our future customers with access to the latest technologies to ensure that their patrons have the best and safest possible experience. We believe that HEXWAVE will be priced very competitively, compared to existing technologies, and that the return on investment will be compeling. However, when we were approached by Amsource, we saw that there was an ability to faciliate the financing of HEXWAVE to remove the upfront costs to our customers and even make the investment thesis cashflow neurtal, or on cashflow positive (based on the ability to reduce operating costs). It was too good of an opportunity to pass up. We welcome being able to partner with such as significant player in the financing arena as we bring HEXWAVE to market,” said Bill Riker, Liberty’s CEO.

Ray Butler, CEO and President of Amsource, commented: “Amsource Capital, Ltd. 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.”

Liberty also wishes to announce that it has further engaged MIDAM Ventures LLC (MIDAM) to provide certain marketing services to the company. MIDAM is based in Coral Gables, Florida, is owned by Adam Heimann and Michael Perinotti, and owns StockPrice.com. Pursuant to the agreement with MIDAM, MIDAM has agreed to conduct a four-month marketing campaign effective June 1, 2019 for Liberty in exchange for an all-inclusive fee of US$250,000.  MIDAM does not own any shares in Liberty.

SOURCE Liberty Defense Holdings Ltd.