ShotSpotter Selected by Commonwealth of Massachusetts for Statewide Deployment of Coplink X
December 06 2022 - 4:05PM
ShotSpotter, Inc. (Nasdaq: SSTI), a leader in precision policing
technology solutions that enable law enforcement to more
effectively respond to, investigate, and deter crime, announced
today that it has contracted with the Commonwealth of Massachusetts
for a multi-year subscription of Coplink X in a deal worth more
than $4 million over the forty-four-month agreement. Coplink X is
an investigative search engine and analytics tool that has amassed
the largest database of police agency data in the United States to
accelerate crime solving and was acquired by ShotSpotter in January
2022 when the company purchased Forensic Logic. The system will be
accessible to all members of local, county and state-level law
enforcement throughout Massachusetts. The Tennessee Bureau of
Investigations and Tennessee Department of Safety and Homeland
Security entered into a similar statewide contract for Coplink X as
was announced in 2021.
In addition, several customers have recently contracted for
ShotSpotter’s investigative case management solutions – either
ShotSpotter Investigate™ or ShotSpotter Gun Crime Management™ –
including the Peoria Police Department (Illinois), Adam’s County
Sheriff’s Office (Colorado), Suffolk County District Attorney’s
office (New York) and Arvada Police Department
(Colorado).
ShotSpotter’s entry into the investigations management business
began in late 2020 with the acquisition of LEEDS LLC, the company
that built the investigative case management system used by the New
York Police Department. In 2021, ShotSpotter announced a rebranded
and generalized subscription version of their investigations
management system called ShotSpotter Investigate to help track,
coordinate and solve all crime types. In 2022, the company
announced the availability of ShotSpotter GCM (Gun Crime
Management), a system to manage NIBIN leads and identify associated
gun cases.
“We are thrilled with the early traction we are seeing in our
investigative tools business. Having a set of proven and
functionally-rich solutions with the right staff to help our
customers get real value out of them is foundational for success,”
said Ralph A. Clark, President and CEO of ShotSpotter. “We believe
Coplink X, ShotSpotter Investigate and ShotSpotter GCM will vastly
improve the speed and efficacy of the investigation process which
will lead to higher case closure rates for agencies at a time when
many of them are short staffed. It’s exciting to expand our ability
to have a positive impact on helping our law enforcement partners
be more efficient, effective and equitable in their pursuit of
public safety.”
Safe Harbor Statement
This press release contains “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995, including but not limited
to statements regarding the Commonwealth of Massachusetts’
subscription agreement for Coplink X and its accessibility, and the
company’s belief of the positive impact that Coplink X, ShotSpotter
Investigate and ShotSpotter GCM will have on the investigation
process and case closure rates of agencies. Words such as “expect,”
“anticipate,” “should,” “believe,” “target,” “project,” “goals,”
“estimate,” “potential,” “predict,” “may,” “will,” “could,”
“intend,” variations of these terms or the negative of these terms
and similar expressions are intended to identify these
forward-looking statements. Forward-looking statements are subject
to a number of risks and uncertainties, many of which involve
factors or circumstances that are beyond the company’s control.
Actual results could differ materially from those stated or implied
in forward-looking statements due to a number of factors, including
but not limited to customer and market acceptance and use of
Coplink X and achieving its intended benefits, as well as other
risk factors included in the company’s most recent annual report on
Form 10-K and other SEC filings. These forward-looking statements
are made as of the date of this press release and are based on
current expectations, estimates, forecasts and projections as well
as the beliefs and assumptions of management. Except as required by
law, the company undertakes no duty or obligation to update any
forward-looking statements contained in this release as a result of
new information, future events or changes in its expectations.
About ShotSpotter
ShotSpotter, Inc. (Nasdaq: SSTI) brings the power of digital
transformation to law enforcement. We are trusted by more than 200
customers and 2,500 agencies to drive more efficient, effective,
and equitable public safety outcomes, making communities healthier.
Our platform includes the flagship product, ShotSpotter Respond™,
the #1 gunshot detection system for rapid response to gunfire to
save the lives of victims; Coplink X, the #1 investigative lead
search tool to accelerate crime solving; Investigate and GCM, case
management software to produce courtroom-ready cases; and Connect,
analyst software that plans deployment of limited patrol resources
for maximum impact. ShotSpotter has been designated a Great Place
to Work® Company.
Media Relations:ShotSpotter, Inc.Jerome
Filip510-203-0934jfilip@shotspotter.com
Investor Relations:Matt GloverGateway Investor
Relations+1 (949) 574-3860ssti@gatewayir.com
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