Evolv Technology Screens More Than 100M People
September 23 2021 - 7:00AM
Business Wire
|Award-Winning, State-of-the-art Weapons
Detection Enables Faster, Efficient and More Intelligent Entry
Evolv Technology (NASDAQ: EVLV), the global leader in weapons
detection security screening, announced today that it has screened
more than 100 million individuals, second only to the U.S.
Department of Homeland Security’s Transportation Security
Administration (TSA).
The milestone comes on the heels of a series of new customer
acquisitions and organizational achievements, as well as impressive
financial results revealed in its second quarter earnings
announcement issued last month detailing, among other gains, a
nearly 600% increase in year-over-year quarterly revenue.
Coinciding with the earnings announcement was news from Security
Today magazine that it named Evolv Express® New Product of the Year
in the Pedestrian Security Entrances category.
“We’ve experienced significant growth this year, and this
milestone demonstrates how much people are looking for a solution
that improves security without compromising experience,” said Peter
George, CEO of Evolv Technology. “With Evolv Express weapons
detection screening, visitors get the frictionless experience they
are looking for, and can spend more time at the venue they came to
enjoy.”
Evolv Technology will end the month with a strong presence at
Global Security Exchange (GSX) in Orlando Sept. 27-29. For more
information about Evolv Technology or to see a demo, visit our
website.
About Evolv Technology Evolv Technology (NASDAQ: EVLV) is
a leader in weapons detection for security screening, securing the
world’s most iconic venues and companies. Its 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. It gives sports fans, theme park visitors,
concertgoers, shoppers, employees, students, and others peace of
mind so that they can gather without fear of violence. Its security
screening has scanned more than 100 million people, second only to
the Department of Homeland Security’s Transportation Security
Administration (TSA) in the United States, and its 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. 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 proxy
statement/prospectus, filed with the Securities and Exchange
Commission 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 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210923005241/en/
Media: Fitzgerald Barth fbarth@evolvtechnology.com
Investor: Brian Norris bnorris@evolvtechnology.com
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