Evolv Technology Stops Over 100,000 Weapons From Entering Sites Since January 2022

WALTHAM, Mass.–()–Evolve Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced that its Evolv Express® systems have stopped more than 100,000 weapons from entering sites since beginning of the year as part of its mission to help create spaces where people can come together safely. This number excludes law enforcement and represents approximately one-third of the company’s customers who currently identify threats using Evolv’s analytics platform, Evolv Insights®, a revolutionary tool for security professionals.

Gun violence continues to rise in the United States with mass shootings occurring daily. Schools and hospitals are now looking for new ways to help keep people safe without creating an intrusive or negative security experience, in the same way that stadiums, arenas and theme parks are replacing metal detectors and adopt advanced security control technology, such as Evolv Express. Unlike many legacy security systems and their derivatives, Evolv’s advanced weapon screening means less time is spent screening people, with the vast majority having nothing to worry about.

This change may allow for 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 objects from weapons as people are examined at the pace of life, are now present in more than 200 schools and 70 hospitals across the country, in addition to stadiums, performing arts centers, houses of worship, and theme parks. Evolv and its customers partner to create safe zones for communities seeking spaces to live, learn, work and play without fear of violence. Evolv has screened over 425 million people to date, or about one million people per day, second only to the TSA in North America.

“The way security professionals protect sites today needs to change,” said Peter George, CEO of Evolv Technology. “More and more educators, parents, healthcare providers and employees are demanding safer spaces in their schools, hospitals and workplaces.”

He added, “The threat landscape continues to evolve and complex security approaches comprising multiple layers, each incorporating people and processes with technology such as Evolv Express, are now demanded by the mainstream. As technology advances, it is important to understand that no security method or system is foolproof, which is why we believe that multi-layered security and continuous innovation are necessary to mitigate risk.

In the third quarter of this year, Evolv added a record 92 new customers, including major school districts, hospital systems, stadiums, arenas and casinos, underscoring the growing demand for advances in security as part of an overall security 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 of their sites,” said George. “Our team and the security professionals we work with take very seriously the profound responsibility to help keep people safe.”

About Evolv Technology

Evolv Technology (NASDAQ: EVLV) is transforming human security to deliver a safer, faster, and better experience at the world’s most iconic places and businesses, as well as schools, hospitals, and public spaces, using the industry-leading artificial intelligence (AI). weapons detection and analysis. Its mission is to transform safety to create a safer world to work, learn and play. Evolv has digitally transformed the gateways to 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 Transportation Security Administration (TSA) of the Department of Homeland Security in the United States. Evolv has received Security Law Designation from the U.S. Department of Homeland Security (DHS) as a Qualified Counter-Terrorism Technology (QATT) as well as the New Products and Solutions (NPS) Award from the Security Industry Association (SIA) in under the Law Enforcement/Public Security/Protection 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 contained 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 United States. Private Securities Act. Litigation Reform Act 1995 that relate to our current expectations and views of future events. In some instances, these forward-looking statements may be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend of’, ‘plans’, ‘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. Further, these forward-looking statements reflect our current beliefs regarding future events or the performance of our company and are not guarantees of future performance. Actual results may differ materially from the information contained in the forward-looking statements due to a number of factors, including, without limitation, the risk factors set forth in our Annual Report on Form 10-K for the fiscal year closed on December 31. , 2021, which was filed with the SEC on March 28, 2022, as may be updated in other documents filed 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 place undue reliance on forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or occur. Except as required by law, we undertake no obligation to publicly update or revise 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 unforeseen events. events.

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