Evolv Technology Stops Over 100,000 Weapons From Entering Venues Since January 2022
November 15 2022 - 08:00AM
Business Wire
Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons
detection security screening, today announced that its Evolv
Express® systems have stopped over 100,000 weapons from entering
venues since the beginning of the year as part of its mission to
help create spaces where people can gather safely. This number
excludes law enforcement and represents approximately a third of
the company’s customers who are currently tagging the threats by
utilizing Evolv’s analytics platform, Evolv Insights®, a
revolutionary tool for security professionals.
Gun violence continues to escalate in the U.S. with mass
shootings happening daily. Schools and hospitals are now seeking
out new ways to help keep people safe without creating an intrusive
or negative security experience, the same way in which stadiums,
arenas and theme parks have been replacing metal detectors and
adopting advanced security screening technology, like Evolv
Express. Unlike many legacy security systems and their derivatives,
Evolv’s advanced weapons screening enables less time to be spent
checking people, the vast majority having no item of concern.
This shift can afford a reduction in human error, guard fatigue,
and bias, as well as soft targets formed by long, backed up
lines.
Evolv’s Express systems, which use a combination of sensors and
artificial intelligence to distinguish everyday items from weapons
as people are screened at the pace of life, are now in over 200
schools and 70 hospitals around the country, in addition to
stadiums, performing arts centers, places of worship and theme
parks. Evolv and its customers partner to create safe zones for
communities that are demanding spaces to live, learn, work and play
without fear of violence. Evolv has screened over 425 million
people date, approximately one million people per day, second only
to the TSA in North America.
“The way in which security professionals protect venues today
requires change,” said Peter George, CEO, Evolv Technology. “More
and more educators, parents, healthcare providers and employees are
demanding safer spaces in their schools, hospitals and places of
work.”
He added, “The threat landscape continues to shift and complex
security approaches that include multiple layers, each
incorporating people and process with technology such as Evolv
Express, are now demanded in the mainstream. While technology
advances, it is important to understand that no security method or
system is infallible, which is why we believe layered security and
ongoing innovation is needed to mitigate risk.”
In the third quarter of this year, Evolv added a record 92 new
customers, including large school districts, hospital systems,
stadiums, arenas, and casinos, underscoring the growing demand for
advancements in security screening as part of an overall safety
plan.
“We are grateful for the meaningful partnerships we have with
our customers as we work together to identify working solutions to
optimize the security posture for their venues,” said George. “Our
team and the security professionals we work with take the profound
responsibility of helping to keep people safe very seriously.”
About Evolv Technology
Evolv Technology (NASDAQ: EVLV) is transforming human security
to make a safer, faster, and better experience for the world’s most
iconic venues and companies as well as schools, hospitals, and
public spaces, using industry leading artificial intelligence
(AI)-powered weapons detection and analytics. Its mission is to
transform security to create a safer world to work, learn, and
play. Evolv has digitally transformed the gateways in places where
people gather by enabling seamless integration combined with
powerful analytics and insights. Evolv’s advanced systems have
scanned more than 425 million people, second only to the Department
of Homeland Security’s Transportation Security Administration (TSA)
in the United States. Evolv has been awarded the U.S. Department of
Homeland Security (DHS) SAFETY Act Designation as a Qualified
Anti-Terrorism Technology (QATT) as well as the Security Industry
Association (SIA) New Products and Solutions (NPS) Award in the Law
Enforcement/Public Safety/Guarding Systems category. Evolv
Technology®, Evolv Express®, Evolv Insights®, and Evolv Cortex AI®
are registered trademarks of Evolv Technologies, Inc. in the United
States and other jurisdictions. For more information, visit
https://evolvtechnology.com.
Forward-looking Statements
Certain statements in this press release may constitute
“forward-looking” statements and information, within the meaning of
Section 27A of the Securities Act of 1933, Section 21E of the
Securities Exchange Act of 1934, and the safe harbor provisions of
the U.S. Private Securities Litigation Reform Act of 1995 that
relate to our current expectations and views of future events. In
some cases, these forward-looking statements can be identified by
words or phrases such as “may,” “will,” “expect,” “anticipate,”
“aim,” “estimate,” “intend,” “plan,” “believe,” “potential,”
“continue,” “is/are likely to” or other similar expressions. These
forward-looking statements are subject to risks, uncertainties and
assumptions, some of which are beyond our control. In addition,
these forward-looking statements reflect our current views with
respect to future events or our Company’s performance and are not a
guarantee of future performance. Actual outcomes may differ
materially from the information contained in the forward-looking
statements as a result of a number of factors, including, without
limitation, the risk factors set forth in our Annual Report on Form
10-K for the year ended on December 31, 2021, that was filed with
the SEC on March 28, 2022, as may be updated in other filings we
make with the SEC. These statements reflect management’s current
expectations regarding future events and operating performance and
speak only as of the date of this press release. You should not put
undue reliance on any forward-looking statements. Although we
believe that the expectations reflected in the forward-looking
statements are reasonable, we cannot guarantee that future results,
levels of activity, performance and events and circumstances
reflected in the forward-looking statements will be achieved or
will occur. Except as required by law, we undertake no obligation
to update or revise publicly any forward-looking statements,
whether as a result of new information, future events or otherwise,
after the date on which the statements are made or to reflect the
occurrence of unanticipated events.
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version on businesswire.com: https://www.businesswire.com/news/home/20221115005664/en/
Media Contact: Alexandra Smith Ozerkis
aozerkis@evolvtechnology.com
Investor Contact: Brian Norris
bnorris@evolvtechnology.com
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