Evolv Express 3.0 Disrupts Security Market
Again with Enhanced Threat Detection
Evolv Technology (NASDAQ: EVLV), the global leader in weapons
detection security screening, today announced further advancements
to its award-winning Evolv Express® security system. With 2021 on
pace to be the most violent year in the country in two decades1,
visitors require better security. At the same time, security
professionals and the venues they keep safe are under more and more
pressure to find solutions that adequately address the problem. The
industry leading Evolv Express weapons detection screening system
does not compromise the security of those visitors to improve their
overall experience. Evolv Express 3.0 gives venues both better
weapons detection for their security teams and a better experience
for their guests.
Venues have a duty to ensure their visitors are safe, both while
waiting to enter, and while inside the venue. We believe security
is integral to visitors’ peace of mind, but twentieth-century metal
detector technology complicates that experience for both visitors
and security staff. Clogged security checkpoints create a threat to
crowds outside of venues, while invasive wand and bag searches are
no longer tolerated in the pandemic era. Managing the sheer volume
of alerts from metal detectors often forces security and venue
operations personnel to make the tough – and unsafe – choice
between thoroughness and speed. Evolv Express aims to eliminate
that trade-off by continuously improving the detection of threats,
pinpointing where they are, and allowing security guards to focus
on only the real threats.
Evolv Express leverages Evolv Cortex AI™, its artificial
intelligence (AI) weapons detection algorithms to instantly detect
and identify a person carrying a weapon without slowing the flow of
visitors carrying their personal items, improving security at the
speed and scale required to stay ahead of today’s threats. This
innovative technology reduces unsafe crowding, lowers the risk for
human error, and removes the tradeoff between keeping a venue safe
and providing a good experience for visitors.
“As organizations around the world begin welcoming back visitors
and employees, the era of metal detectors as a screening solution
is no longer remotely adequate. Cultural and entertainment venues
as well as workplace enterprises require a touchless security
experience, without long wait lines or crowded conditions that
create a health and safety risk,” said Peter George, CEO, Evolv.
“Evolv delivers security built for the 21st century and we believe
that the new enhancements to our system give visitors, security
personnel and business leaders peace-of-mind as they continue to
address an alarming rise in violence as well as deal with the
continuing health risks of COVID.”
The enhancements announced today advance venue security and
visitor experience in two distinct ways:
- Improvements to Best-In-Class Weapons Detection: Evolv’s
best-in-class automated threat detection algorithms further reduce
alarm rates, improving the system’s ability to reliably pinpoint
and stop real threats. Visitor metrics and alarm rates, including
historical rates at all levels of sensitivity help security
professionals determine the most optimal flow of visitors, without
compromising their security.
- Extended Security Ecosystem Integrations: A new, one-tap
“Request Assistance” feature instantly sends an SMS text and/or
email to specified security staff members so teams can more
urgently resolve situations where additional staff support is
needed to address crowding, health issues, staff constraints, or
escalated threat situations. Administrators can quickly and easily
configure which personnel receive the request directly from the
MyEvolv Portal.
For more information about Evolv Express, or to see a demo,
visit our website.
About Evolv Technology
Evolv Technology (NASDAQ: EVLV) is a leader in SaaS-based
weapons detection for security screening, securing the world’s most
iconic venues and companies. Our mission is enabling a better
experience and better security for venues, creating a safer world
to work, learn, and play by transforming physical security to make
everywhere safer. We give sports fans, theme park visitors,
concertgoers, shoppers, employees, students, and others peace of
mind so that they can gather without fear of violence. Our security
screening has scanned more than 60 million people, second only to
the Department of Homeland Security’s Transportation Security
Administration(TSA) in the United States, and our technology
combines powerful, advanced sensors with proven artificial
intelligence (AI), security ecosystem integrations, and
comprehensive venue analytics to reliably detect threats 10 times
faster than traditional metal detectors.
Evolv Technology, Evolv Express®, Evolv Insights™, and Evolv
Cortex AI™ are registered trademarks or 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. All
statements other than statements of historical facts contained in
this press release, including statements regarding the potential of
the Evolv Express® security system are forward-looking statements.
These statements involve known and unknown risks, uncertainties and
other important factors that may cause our actual results,
performance, or achievements to be materially different from any
future results, performance or achievements expressed or implied by
the forward-looking statements. In some cases, these
forward-looking statements can be identified by words or phrases
such as “may,” “will,” “expect,” “should,” “could,” “anticipate,”
“aim,” “estimate,” “intend,” “plan,” “believe,” “potential,”
“continue,” “is/are likely to” or the negative of these terms 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 under the
caption “Risk Factors” in our proxy statement/prospectus, filed
with the Securities and Exchange Commission (the “SEC”) on June 28,
2021, as updated by the risk factors disclosed in the section
titled “Risk Factors” in our Form 8-K, filed with the SEC on July
22, 2021, and in our other documents filed with or furnished to 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.
1
https://www.cbsnews.com/news/2021-deadliest-year-gun-violence/
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210812005165/en/
Media Contact: Fitzgerald Barth
fbarth@evolvtechnology.com
Investor Contact: Brian Norris
bnorris@evolvtechnology.com
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