Month: November 2023

Company Welcomes Growth Marketing Expert to Accelerate Strong Trajectory and Increasing Demand for AI-Based Security Screening 

  

WALTHAM, Mass. – (November 22, 2023) – Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced the appointment of Courtney Cunnane as Chief Marketing Officer, effective November 20, 2023. A growth marketing expert with deep expertise in the technology industry, Ms. Cunnane complements the expanding Evolv marketing organization and will lead the team as the company reaches its next level of growth. 

Courtney comes to Evolv from software company SmartBear, where she served as the Senior Vice President of Growth Marketing and Demand Generation. In this role, she led a team of more than 30 marketers and was responsible for growth marketing across 15+ products and all direct and indirect buying channels. Prior to SmartBear, she led marketing at Experian Data Quality for nearly a decade where she was responsible for a team focused on revenue growth and channel development.  

“Our company’s strong growth, driven by an increasing market demand for our solutions, puts us in an enviable position where we are able to attract top talent like Courtney,” said Jay Muelhoefer, Chief Commercial Officer of Evolv Technology. “Courtney’s expertise and proven track record as a growth marketing technology executive, as well as her drive to help make the world a safer place, make her an ideal addition to our leadership team. We are delighted to welcome Courtney to Evolv and are certain her contributions will make a significant, positive impact on the next phase of our company.” 

“Joining Evolv is a once-in-a-lifetime opportunity. This role allows me to blend my expertise in marketing and technology with a passion for making a difference while working with world-class leadership and marketing teams,” said Cunnane. “I’m excited about extending our brand to help advance Evolv’s mission in making the world a safer place to live, work, learn and play. We look forward to what’s next for the company and our customers.” 

Ms. Cunnane earned a BA from Georgetown University and is based in the company’s corporate headquarters in Waltham, Massachusetts.  

Evolv’s technology is used by more than 600 customers worldwide, including schools, hospitals, iconic venues, sports stadiums, and leading theme parks such as Six Flags, SoFi Stadium, Boston College, Grand Ole Opry House, Guildford County Schools and Target Field. The Evolv Express system has scanned more than 1 billion people. 

 

About Evolv Technology  

Evolv Technology (NASDAQ: EVLV) is transforming human security to make a safer, faster, and better experience for the world’s most iconic venues and companies as well as schools, hospitals, and public spaces, using industry leading artificial intelligence (AI)-powered weapons detection and analytics. Its mission is to transform security to create a safer world to work, learn, and play. Evolv has digitally transformed the gateways in places where people gather by enabling seamless integration combined with powerful analytics and insights. Evolv’s advanced systems have scanned more than a billion people since 2019, second only to the Department of Homeland Security’s Transportation Security Administration (TSA) in the United States. Evolv has been awarded the U.S. Department of Homeland Security (DHS) SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT) as well as the Security Industry Association (SIA) New Products and Solutions (NPS) Award in the Law Enforcement/Public Safety/Guarding Systems category. Evolv Technology®, Evolv Express®, Evolv Insights®, Evolv Cortex AI®, and Evolv Extend™ 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 Annual Report on Form 10-K for the year ended on December 31, 2022, that was filed with the SEC on March 24, 2023, as may be updated in other filings we make with the SEC, including our Quarterly Report on Form 10-Q for the quarter ended on September 30, 2023 that was filed with the SEC on November 9, 2023.  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.      

 

Media Contact:  
Alexandra Smith Ozerkis  
aozerkis@evolvtechnology.com  

 

Investor Contact:  
Brian Norris  
bnorris@evolvtechnology.com  

Pressing need for improved security combined with innovative screening solutions and trusted customer partnerships drive Evolv’s continued industry-leading position

 

Waltham, Massachusetts – November 13, 2023 – Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced that it has further extended its leadership position in helping to make places safer where people live, work, learn and play. As of September 30, 2023, the Company has: 

• Surpassed 1 billion visitors screened since the launch of Evolv Express® in 2019. 

• Detected nearly 300,000 guns and knives through the first nine months of 2023.   

• Surpassed averaging over 2 million people screened per day. 

• Surpassed 4,000 active, long-term subscriptions of Evolv Express weapons detection systems. 
   

With over 1 billion visitors screened and counting, Evolv’s growing detection data allows its systems to get more accurate over time. As a result, Evolv is now stopping an average of approximately 1,000 weapons each day from entering venues where they do not belong.  

Evolv’s Express offers a non-intrusive screening process for visitors while empowering security professionals with an integrated suite of digitally enabled sensors, analytics and communication that is designed to deter, detect and orchestrate response to weapons that can cause injury and loss of life. Evolv’s advanced approach to weapons screening has been a welcome innovation to security professionals around the country who have embraced the technology as an added protective layer into their safety plans.  

“With the metal detectors, we got complaints that we were violating the rights of students and that we were overly intrusive with our secondary checks. That has gone away with Evolv,” commented 
Mark Laurrie, Superintendent, Niagara Falls City School District in New York.  “We ultimately concluded that the Evolv Express system was the least intrusive, most thorough, and most comprehensive weapons detection system out there.”  

“We looked at a lot of different systems. We traveled throughout the country to a lot of different security shows. Evolv really is the best out there,” said Danny Mulligan, Director of Security, Lincoln Center for the Performing Arts in New York City. 

“Evolv is invested in making our environment at the Boch Center safe and secure. Unlike some other vendors, they didn’t sell a solution and then walked away from it in the hope that everything worked out for us. They’ve been here from the start—just like they have been with their other customers across the country,” noted Eric Neill, Director of Theater Operations, Boch Center in Boston. 

“We look forward to continuing to innovate, improve, and expand our solutions for the communities we serve and are grateful for the continued partnership we share with security professionals across the country,” said Peter George, President and Chief Executive Officer of Evolv Technology. “By every meaningful dimension – including customers, subscriptions, visitors screened, and weapons tagged – we continue to see growing evidence of our market leadership position.”  

For detailed information on the latest results from Evolv Technology, please visit: https://ir.evolvtechnology.com/. 

 

About Evolv Technology 

Evolv Technology (NASDAQ: EVLV) is transforming human security to make a safer, faster, and better experience for the world’s most iconic venues and companies as well as schools, hospitals, and public spaces, using industry leading artificial intelligence (AI)-powered weapons detection and analytics. Its mission is to transform security to create a safer world to work, learn, and play. Evolv has digitally transformed the gateways in places where people gather by enabling seamless integration combined with powerful analytics and insights. Evolv’s advanced systems have scanned more than a billion people since 2019, second only to the Department of Homeland Security’s Transportation Security Administration (TSA) in the United States. Evolv has been awarded the U.S. Department of Homeland Security (DHS) SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT) as well as the Security Industry Association (SIA) New Products and Solutions (NPS) Award in the Law Enforcement/Public Safety/Guarding Systems category. Evolv Technology®, Evolv Express®, Evolv Insights®, Evolv Cortex AI®, and Evolv Extend™ 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 Annual Report on Form 10-K for the year ended on December 31, 2022, that was filed with the SEC on March 24, 2023, as may be updated in other filings we make with the SEC, including our Quarterly Report on Form 10-Q for the quarter ended on September 30, 2023 that was filed with the SEC on November 9, 2023.  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.     

Media Contact: 
Alexandra Smith Ozerkis 
aozerkis@evolvtechnology.com 

 

Investor Contact: 
Brian Norris 
bnorris@evolvtechnology.com

Another Local Sports Partnership for Boston-Area Evolv Technology 

 

WALTHAM, Mass. – (November 7, 2023) – Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced its partnership with Boston College. The school uses Evolv’s state-of-the-art Evolv Express® screening solution at the entrances to its football, hockey, and basketball games.

Boston College joins Fenway Park, home of the Boston Red Sox, and Gillette Stadium, home of the New England Patriots, as Boston-area sports entities teaming up with Evolv, which also calls the area home. 

Evolv Express uses powerful sensor technology with AI to provide safer, more accurate threat detection at unprecedented volume and speed. It helps distinguish between threats and the everyday items people carry in their pockets and bags without always requiring individual checks. That means the majority of fans can pass right through, reducing backups at the gates. Boston College has 16 systems it is using between Alumni Stadium, which seats 44,500 people for football games, and Conte Forum, which primarily hosts hockey and basketball and seats roughly 8,000 people. 

Alumni Stadium also hosts the school’s graduation ceremony each year. The school could use Evolv for other large gatherings, since the units can be moved. Boston College learned of Waltham-based Evolv because of its close proximity, and its use at nearby Gillette Stadium.  

“We saw the deployments at Gillette Stadium and Fenway Park, and know there’s a standard being set now in the Boston area,” said Matt Conway, Boston College’s Associate Athletics Director – Facilities & Operations. “The Evolv system combines the highest levels of security and screening with convenience and ease of entry for the patrons at our venues.  We needed to go with the best, and that is Evolv.” 

Boston College is part of a continuously growing roster of facilities in all sports using Evolv as part of their security solutions to provide a safer, more fan-friendly entrance experience. That includes venues that will be used for soccer’s 2026 World Cup. While Evolv partners with more than 20 colleges and universities, Boston College is the first college to use Evolv primarily for athletics events. 

“Boston-area sports fans are quickly becoming accustomed to the safe environment with a smooth, seamless entry that Evolv provides,” said Peter George, CEO of Evolv Technology. “We’re proud to be able to make such a positive impact in an area so close to home and excited to help Boston College set a new safety standard for college athletics with their use of Evolv.” 

About Evolv Technology 

Evolv Technology (NASDAQ: EVLV) is transforming human security to make a safer, faster, and better experience for the world’s most iconic venues and companies as well as schools, hospitals, and public spaces, using industry leading artificial intelligence (AI)-powered weapons detection and analytics. Its mission is to transform security to create a safer world to work, learn, and play. Evolv has digitally transformed the gateways in places where people gather by enabling seamless integration combined with powerful analytics and insights. Evolv’s advanced systems have scanned more than 750 million people, second only to the Department of Homeland Security’s Transportation Security Administration (TSA) in the United States. Evolv has been awarded the U.S. Department of Homeland Security (DHS) SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT) as well as the Security Industry Association (SIA) New Products and Solutions (NPS) Award in the Law Enforcement/Public Safety/Guarding Systems category. Evolv Technology®, Evolv Express®, Evolv Insights®, Evolv Cortex AI®, and Evolv Extend™ 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 Annual Report on Form 10-K for the year ended on December 31, 2022, that was filed with the SEC on March 24, 2023, as may be updated in other filings we make with the SEC, including our Quarterly Report on Form 10-Q for the quarter ended on June 30, 2023 that was filed with the SEC on August 10, 2023.  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.      

 

Media Contact: 
Alexandra Smith Ozerkis 
aozerkis@evolvtechnology.com 

 

Investor Contact: 
Brian Norris 
bnorris@evolvtechnology.com 

– Company Adds Seasoned Industry Veterans with Executive Expertise from UPS and Motorola Solutions –

WALTHAM, Mass.–(BUSINESS WIREBUSINESS WIRE)–Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced that its Board of Directors approved the election of two new members – Mr. David Mounts Gonzales and Mr. Rajan Naik, Ph.D. – who joined the Board on November 2, 2023.

“We are delighted to welcome David and Rajan to the Board of Directors of Evolv Technology,” said Mr. Peter George, President and Chief Executive Officer of Evolv Technology. “David brings extensive operations, logistics, technology and financial management experience from multiple markets including the healthcare, distribution and industrial sectors. Rajan adds significant security and safety industry expertise, M&A experience, and an innate ability to recognize and predict industry changes. We believe their combined expertise – gained through decades of experience in publicly traded market leaders – will be invaluable as we continue our mission as the leader in the AI-based weapons detection security screening market.”

Mr. Mounts Gonzales led Inmar Intelligence, Inc., the leading provider of data-driven technology solutions for retail and healthcare, as Chief Executive Officer from 2010 to 2022. During his tenure he transformed Inmar from a small business service company to a market leading data platform and software business for nearly 20,000 retail and healthcare companies. Prior to joining Inmar, Mr. Mounts Gonzales served as Executive Vice President of Supply Chain for Domino’s Pizza, Inc. (NYSE: DPZ) from October 2007 to April 2010 and Chief Financial Officer from 2005 to 2007. Prior to Domino’s, Mr. Mounts Gonzales held several positions of increasing seniority during his 23-year tenure at UPS (NYSE: UPS), which he joined in 1983. Mr. Mounts Gonzales holds an MBA from The Wharton School at the University of Pennsylvania and a Bachelor of Science Degree from the University of Nevada in Las Vegas. Mr. Mounts Gonzales previously served on the boards of Papa Murphy’s Holdings, Inc. from 2014 to 2019 and Inmar Intelligence, Inc. from 2010 to 2022 and was Chairman of the Board from 2014 to 2022.

Mr. Naik has served as Senior Vice President, Strategy & Ventures, for Motorola Solutions, Inc. (NYSE: MSI) since 2016. In his role, Mr. Naik is responsible for the corporate strategy organization, mergers and acquisitions, venture capital portfolio and competitive and market intelligence. Prior to joining Motorola Solutions, Mr. Naik was Senior Vice President and Chief Strategy Officer at Advanced Micro Devices (NASDAQ: AMD) from 2012 until 2015. Before that he was a partner in the technology/media/telecom practice at McKinsey & Company from 2000 until 2012. Mr. Naik has served on the board of directors for CSG Systems International Inc. (NASDAQ: CSG) since August 2018. He earned a Bachelor’s Degree in Engineering from Cornell University and a Doctorate in Engineering from the Massachusetts Institute of Technology.

On November 2, 2023, Mr. Alan Cohen and Mr. John Kedzierski stepped down as members of the Company’s Board of Directors. Mr. Neil Glat, who has been a member of the Board since July 2021, was appointed Chairman of the Board, succeeding Mr. Cohen.

About Evolv Technology

Evolv Technology (NASDAQ: EVLV) is transforming human security to make a safer, faster, and better experience for the world’s most iconic venues and companies as well as schools, hospitals, and public spaces, using industry leading artificial intelligence (AI)-powered weapons detection and analytics. Its mission is to transform security to create a safer world to work, learn, and play. Evolv has digitally transformed the gateways in places where people gather by enabling seamless integration combined with powerful analytics and insights. Evolv’s advanced systems have scanned more than 750 million people, second only to the Department of Homeland Security’s Transportation Security Administration (TSA) in the United States. Evolv has been awarded the U.S. Department of Homeland Security (DHS) SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT) as well as the Security Industry Association (SIA) New Products and Solutions (NPS) Award in the Law Enforcement/Public Safety/Guarding 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.

Investor Relations:
Brian Norris
Senior Vice President of Finance and Investor Relations
bnorris@evolvtechnology.com

Media:
Alexandra Smith Ozerkis
Vice President of Corporate Communications
aozerkis@evolvtechnology.com