09:07 AM EDT, 05/15/2025 (MT Newswires) -- Xtract One Technologies ( XTRAF ) on Thursday said it signed a master supply agreement with a new customer, a leading global media and entertainment organization, to use its "SmartGateway" technology for security screening deployment.

SmartGateway is now available at any location and will initially be deployed in a first application at a venue in Asia, with the potential of ongoing expansion at any of the brand's growing portfolio of hundreds of entertainment venues, retail stores, and production facilities worldwide. The first installation is expected to begin in the second quarter.

Additional terms were not disclosed.

Shares of the company closed down 2.6% to $0.375 on Wednesday on the TSX.