08:26 AM EDT, 09/17/2024 (MT Newswires) -- Xtract One Technologies ( XTRAF ) on Tuesday said it will launch its Xtract One Gateway weapons-detection system next week at the GSX 2024 conference in Orlando, Florida.

The company said the system is capable of distinguishing between weapons and other items such as laptops or phones when scanning individuals passing through a checkpoint, cutting the need for bag searches.

"Gateway revolutionizes the modern-day security experience, with its advanced AI and proprietary sensors, offering bi-directional screening and precise threat classification," Joshua Douglas, the company's senior vice-president of product and engineering, said in a release. "The system has been trained to distinguish between everyday items and mass casualty threats, focusing on distinct features like object shape, size, and material."

GSX 2024, the Global Securities Exchange, is an annual conference for the security-management industry. It runs from Sept. 23-25.

On Monday, Xtract shares closed up $0.03 to $0.64 on the Toronto Stock Exchange.