Pittsburgh Cultural Trust Modernizes City’s Theaters with Evolv Express

During the COVID-19 pandemic, mass shootings in the United States increased. In fact, shootings doubled in July 2020. And for the entire 2020, gun violence and gun crime led to the highest death toll in over 20 years with more than 19,000 people killed, according to the Gun Violence Archive

As COVID-19 slowly moves into an endemic state and we get more comfortable going out, we’re also more acutely aware of the potential for an active shooter to be present. Before the start of an event or performance, our ability to spot the venue’s exit signs has become second nature.  

Meanwhile, in the event community, the downtime during the pandemic prompted many theater owners to reconsider how they would manage the safety screening process when patrons returned. The Pittsburgh Cultural Trust is among them. A nonprofit arts organization, the Trust promotes economic and cultural development in downtown Pittsburgh. 

When its event venues were closed due to the pandemic, the security team at the Pittsburgh Cultural Trust used the time to assess the screening process throughout its various properties, which span the city’s 14-block entertainment district. Prior to COVID-19, they welcomed more than two million people at over 1500 events annually. 

The security team decided it was time to address their time-consuming, labor-intensive screening process that consisted of magnetometers and wands. Specifically, while long queues and tables for checking bags reflect today’s safety protocols for entering public places, they interrupt the magical experience of going to the theater. Not to mention the impact the entire safety screening process has on staff, requiring them to spend more time on alert and less time greeting patrons. (The delays can also affect profit from the theater’s concession stands.) 

Based on their analysis, the security staff at the Pittsburgh Cultural Trust realized that its processes were not designed for the future safety and comfort of guests. That future is one that requires advanced weapons detection and screenings – without compromising the patron experience. Further, they realized that safety screenings are not just about the process of screening patrons. When you add data and artificial intelligence to the process, you get a more comprehensive security picture for an entire venue. For example, integrating data from foot traffic and scans can provide insights that inform threat category analysis, alarm statistics, and visitor arrival curves. This data helps security better manage and mitigate  all potential threats before patrons arrive. 

After evaluating Evolv technology, Pittsburgh Cultural Trust selected the Evolv Express Single-lane and Dual-lane Systems, along with Evolv Cortex AI and Evolv Insights for both employee and guest screening. Now, entering one of their theaters is fast, easy and safe. Guests move quickly through the kiosks (no more waiting outside in the rain!), while staff spend more time moving the flow of foot traffic, creating great customer experiences, and taking care of other non-security related tasks. In the future, The Pittsburgh Cultural Trust will integrate the Evolv Express systems into its security operations center for a comprehensive view into physical and cyber security threats. 

Pittsburgh theater goers now have even greater confidence in the safety measures that have been put in place as they return to the venues.  

To learn more about The Pittsburgh Cultural Trust’s strategy behind the reopening of its theaters, read the full case study.  

I’m a CFO with decades of experience scaling complex, global financial teams. Here’s why I joined Evolv.

I have spent my career helping companies grow their business from a financial perspective, and for the last decade I have built world-class finance teams, scaled complex business operations, and executed strategic transactions. And today, I could not be more excited to be joining Evolv Technology as Chief Financial Officer.  

As a lifelong sports fan (go Patriots!) and a former U.S. Olympic Development & NCAA Division I soccer player, I’m also very aware of the significant role that live sports and public spaces play in our culture. For my entire adult life, I’ve had to empty my pockets or open my bag more times than I can count to get in to watch some of my favorite sporting events.  

Even more frustrating, sometimes these long and cumbersome lines would cause me and my family to miss the beginning of the game or create anxiety as we waited to enter – far from the ideal experience you want as you are about to start enjoying a game. 

I also serve on the board of directors of Project GOAL, an organization that uses the power of soccer to help youth in underprivileged communities achieve economic success. Having a front row seat to witness the way that sports can have a positive impact on youth and enable them to succeed in the world has been one of the highlights of my career. 

That is what was so attractive to me about the opportunity to join Evolv. Not only is the company doing well by being at the forefront of solving a problem that has affected the experience at one of my favorite pastimes (professional sports), but they are also doing good by helping to make everywhere a safer place to work, learn, and play. 

The company’s GiveEvolv initiative was also a compelling reason for me to join the company. Just as I have done with my work at Project GOAL, I look forward to helping the company ensure that all students – no matter where they go to school – can be safe from gun violence.  

With more venues, workplaces, and schools recognizing the duty they have to keep their patrons, employees, and students safe from violence, there could not be a more exciting time to join and help scale the business to make this technology accessible to everyone. The company has set a new and higher standard for what security screening should be, and I could not be more excited to roll up my sleeves and help to deliver on our mission to democratize security.

Evolv Technology Appoints Mario Ramos as Chief Financial Officer

Company Welcomes Experienced Fortune 5 Executive to Support Growth Plans

Evolv Technology (NASDAQ: EVLV), the global leader in weapons detection security screening, today announced the appointment of Mario Ramos to the position of Chief Financial Officer effective November 1, 2021.   Mr. Ramos will assume global responsibility for the Company’s accounting, finance, risk compliance, information technology and investor relations functions.

Mr. Ramos joins Evolv Technology from Edelman Financial Engines where he served as Executive Vice President, Chief Financial Officer and Chief Risk Officer. Edelman Financial Engines is the nation’s top independent financial planning and investment management firm serving over one million customers. Mr. Ramos will succeed Mr. Peter Faubert, who is transitioning to a new role and will serve as the Company’s Senior Vice President of Strategic Finance.

“We are delighted to welcome Mario to the management team,” said Mr. Peter George, Chief Executive Officer of Evolv Technology. “Mario brings over 20 years of executive experience building and leading high-growth companies. I believe Mario’s financial and strategic leadership will be instrumental in supporting the Company’s next stage of growth.”

“I’m excited to be joining Evolv Technology, the leader in weapons detection security screening,” said Mr. Ramos. “I look forward to leveraging my finance and operations experience to help Evolv execute its strategic plan and grow its leadership position in one the fastest growing markets across the technology industry.”

Prior to joining Edelman Financial Engines in 2019, Mr. Ramos served as Senior Vice President and Chief Financial Officer of CVS Caremark, the pharmacy benefits management subsidiary of CVS Health (NYSE: CVS). Before becoming Caremark’s Chief Financial Officer, Mr. Ramos was head of CVS’s M&A and Corporate Development group where, among other things, he led CVS’s acquisition and integration of Aetna. He has also served as Chief Operating Officer of CVS International and spent over 17 years in investment banking primarily at JP Morgan and Lehman Brothers. Mr. Ramos earned an MBA from The Mason School of Business at The College of William & Mary and a Bachelor’s Degree from The University of Richmond.

About Evolv Technology

Evolv Technology (NASDAQ: EVLV) is the global leader in weapons detection security screening. 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. This enhances the visitor experience and improves weapons detection. 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 system, delivered as a SaaS-based offering, has scanned more than 100 million people, second only to the Department of Homeland Security’s Transportation Security Administration 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 are 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 expectations regarding Evolv’s strategies and future financial performance and other 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.