Category: press_release

The venue is Evolv’s first customer in Puerto Rico 

 

Evolv Technology (NASDAQ: EVLV), the leader in weapons detection security screening, today announced its newest partnership, with Distrito T-Mobile. The entertainment complex is Evolv’s first customer in Puerto Rico, and reflects the company’s growing presence outside of the continental United States. 

Distrito T-Mobile, which opened in August 2021 and is located in the Miramar section of San Juan, drew more than 1.7 million visitors in its first six months of operation. Evolv’s state-of-the-art Evolv Express® weapons screening solution allows visitors to seamlessly walk into the 476,000 square-foot complex, without burdensome delays at the entrance. 

“Distrito T-Mobile is just getting started,” said Francisco Mariani, Distrito T-Mobile’s General Manager. “The response from the public so far has been outstanding, and we are so happy to have Evolv on board to help keep our visitors safe. Providing a secure entertainment destination is our priority”     

In addition to restaurants, a hotel, and a movie theater, Distrito T-Mobile is home to an urban park with ziplines and a rock-climbing wall. Coca-Cola Music Hall, which seats as many as 5,000 people per show, is also a major attraction, hosting a variety of entertainment activities, including concerts, family shows and corporate meetings. 

Protecting it all is Evolv Express®, which combines powerful sensor technology with artificial intelligence (AI) to provide safer, more accurate threat detection at unprecedented volume, ease and speed. The technology enables guests to walk through security screenings side-by-side, without removing items from their pockets or bags.  

“This partnership is exciting because not only does Evolv help visitors to Distrito T-Mobile stay safe, but the work we are doing together marks our expansion into Puerto Rico,” said Peter George, CEO of Evolv Technology. “Our mission is to help make the world a safer place, and this brings us another step closer to that.”  

Distrito T-Mobile is a part of Puerto Rico’s rebuilding efforts following Hurricane Maria and devastating earthquakes. The venue expects more than 3 million visitors by the end of its first year of operation, with more than 80 concerts and private events scheduled at the Coca-Cola Music Hall for the remainder of 2022. 

About Distrito T-Mobile 

Distrito T-Mobile is Puerto Rico’s premier entertainment destination. The 476,000 square-foot complex features a Caribbean Cinemas VIP movie theater, Toro Verde Urban Park, with ziplinesan arcade and virtual reality gaming center , a wide range of restaurants,the Coca-Cola Music Hall, and the first Aloft hotel in the Caribbean. Its facilities and concepts of food, beverages and entertainment connect at the heart of the project, Popular Plaza. A 50,000 square feet plaza with a fully digitized 14,500-footstage system with 19 LED screens and 19 million pixels, providing a 360 experience to visitors. This is the meeting point for locals and tourists looking for unique experiences and human connection in real-time and space.  For more information, visit https://distritot-mobile.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 with unparalleled analytics and insights.  Evolv’s advanced systems have scanned more than 250 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. For more information, visit https://evolvtechnology.com.  

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 Annual Report on Form 10-K for the year ended on December 31, 2021, that was filed with the SEC on March 28, 2022, 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. 

High school students and teachers say the focus is back on learning

When students returned to the classroom following months of remote learning due to the pandemic, schools went back to making decisions about the best ways to keep students safe. For the Champaign Unit 4 School District in central Illinois, the solution has been the leader in weapons detection security screening, Evolv Technology (NASDAQ: EVLV). Champaign is using Evolv Express® at its Central and Centennial high schools, with impressive early results.

The Champaign school board’s decision to partner with Evolv was made after a number of security incidents, including students who were found carrying handguns, BB guns and knives, threats made via social media, and a shooting at a neighboring high school. To proactively address potential violence, the district instituted wand checks conducted by teachers and administrators. However, manually wanding students led to long lines and missed learning. Some students were missing their first period class entirely due to waiting up to two hours to enter school in the morning. Evolv has proven to be a more efficient method to help keep students, faculty, staff and visitors safe. In just its first two months of use, Evolv screened more than 182,000 visitors to the two high schools and detected multiple weapons.

Evolv Express® uses powerful sensor technology with artificial intelligence (AI) to provide safer, more accurate threat detection at unprecedented volume and speed. Students walk right through without having to stop, speeding up the process and making them feel safer without being intrusive.

“With the metal detectors and wanding, the students felt like they were in jail,” said Valarian Couch, chief information officer for the Champaign Unit 4 School District. “They felt like they had to be searched for everything. But if they do not feel safe enough to come to school, at some point we have to put mechanisms in place. With Evolv, they feel like it’s just another day – they get to walk into school and not have any problems. The teachers too. To have a safe environment and for the teachers to say, ‘Well, now we can actually start teaching,’ is huge.”

Two additional Express systems will be set up to screen fans at high school football games beginning this fall, and the district is looking at data provided by Evolv to determine whether to implement additional systems at the district’s middle schools. It is also working to integrate Evolv with its existing camera system for enhanced security.

“We believe no student should ever have concerns about security in school,” said Peter George, CEO of Evolv Technology. “We are happy to be working with the Champaign School District to help keep students and teachers safe and put the focus back in the classroom where it belongs.”

That sentiment is the basis behind GiveEvolv, an Evolv subsidiary, that donates Evolv’s state-of-the-art weapons detection at no cost to schools in need. Schools in areas impacted by gun violence that could not otherwise afford the technology are encouraged to apply for a grant at evolvtechnology.com/giveevolv.

About Champaign Unit 4 School District

Champaign Unit 4 School District 4 is a large unit school district serving more than 10,000 students in grades pre-K through 12 in Champaign, Savoy, and Bondville, Illinois. The diverse school community includes students hailing from 77 countries, speaking more than 80 different languages. The district’s 19 campuses employ more than 1,900 teachers, administrators, and support personnel.

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 with unparalleled analytics and insights.  Evolv’s advanced systems have scanned more than 250 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. For more information, visit https://evolvtechnology.com.

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 Annual Report on Form 10-K for the year ended on December 31, 2021, that was filed with the SEC on March 28, 2022, 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.

Mile high city’s leading performing arts center is steeped in artificial intelligence and sensor-based security for better customer experiences 

 Evolv Technology (NASDAQ: EVLV,), the global leader in weapons detection security screening, today announced that the Denver Performing Arts Complex has replaced its walk-through and hand-held metal detectors with Evolv Express® systems, Evolv Cortex AI™ and Evolv Insights®. This has resulted in better guest experiences, enhanced security, and less stress for staff and patrons as they enter the complex’s popular entertainment venues. 

The Denver Performing Arts Complex is home to the Colorado Ballet, Colorado Symphony, Denver Center for the Performing Arts and Opera Colorado. Each year, the Arts Complex attracts over one million guests attending upwards of 15 shows per week. Security at the venues previously consisted of staff monitoring the walk-through metal detectors and using hand-held detectors as each guest arrived. Along with guests voicing concerns that the process was intrusive, they also noted the time it required as they stood in line for 10-15 minutes to be screened. For others, the wait time was even longer as many guests don’t arrive at the entrance for security screenings until the last 15 minutes before the start of the show, creating queues with close to 1,000 people. This led to stress for patrons and security staff, especially when metal detectors signaled false positives, requiring additional security checks on individuals as they emptied their pockets and opened their bags. 

In its search for a more current and sophisticated approach to security, the Arts Complex conducted side-by-side comparisons of weapons detection security screening systems, resulting in the selection of Evolv Technology’s innovative solutions. 

“Metal detectors produce a lot of anxiety for security staff and guests. Not to mention they have a large footprint. Evolv Express’s smaller footprint and artificial intelligence make it possible for guests to easily walk through the screening lanes while the system identifies potential threats, reducing the number of false positives previously created by metal detectors,” said Aaron Eubanks, director of events security, Denver Performing Arts Complex. “This results in better guest experiences through shorter lines with higher quality security and less intrusive screenings.” 

As an integral part of the Evolv Express systems, Evolv Cortex AI software continuously improves security at the Arts Complex by detecting the latest weapon designs – a feature not possible with metal detectors. The Arts Complex’s security team also uses Evolv Insights analytics to conduct a deep dive into each ingress point, down to a detailed level of every minute and event. Through the Evolv Insights heat map, security can analyze where and when threats arose. This insight informs staffing to support spikes in visitor flow and potential security threats.   

“Entertainment venues have waited years to return to full capacity and are now welcoming guests back to sold-out events. Yet as gun violence continues to rise in this country, we believe the venues need to do everything in their power to ensure the safety of every patron and staff member,” said Peter George, CEO, Evolv Technology. “The Denver Performing Arts Complex exemplifies a successful venue that has taken a proactive approach to security while improving the overall experience for everybody entering its theaters.” 

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 250 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 Annual Report on Form 10-K for the year ended on December 31, 2021, that was filed with the SEC on March 28, 2022, 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. 

Former CFO Transitioning to Pursue CEO Role –

– Company Welcomes Proven Finance Executive with Background in High-Growth SaaS, Cybersecurity and Networking –

– Mark Donohue to join from Vestmark, Rapid7, Cisco and Starent Networks –

Evolv Technology (NASDAQ: EVLV), a global leader in weapons detection security screening, today announced the appointment of Mr. Mark Donohue to the position of Chief Financial Officer, effective June 1, 2022.  Mr. Donohue will succeed Mr. Mario Ramos, who has accepted a role as CEO at a privately held financial services company.  Mr. Ramos will continue in his current role until May 31, 2022 to ensure a smooth transition.

Mr. Donohue will assume global responsibility for the Company’s accounting, finance, treasury, risk compliance, information technology, supply chain, manufacturing and investor relations functions.  Mr. Donohue joins Evolv Technology from Vestmark, a leading financial technology provider of SaaS-based portfolio management and trading tools, where he has served as Chief Financial Officer since 2018.  

“We’re excited to welcome Mark to the executive management team,” said Mr. Peter George, President and Chief Executive Officer of Evolv Technology. “Mark’s career has been shaped over 25 years of executive leadership at category leading technology companies across the SaaS, cybersecurity and networking markets.  We believe his experience and leadership will be particularly important as we prepare for the next stage of our growth.”

“I’m thrilled to be joining Evolv Technology, a leader in weapons detection security screening,” said Mr. Donohue. “Evolv provides industry-leading technology that is helping to solve the very important challenge of keeping the visiting public safe.  I look forward to joining the team as we work to extend Evolv’s leadership position in one of the fastest growing markets across the technology industry.”

Prior to joining Vestmark, Mr. Donohue served in several senior roles on the finance team of Rapid7,  (NASDAQ: RPD), a leading provider of security analytics and automation, including Vice President of Finance.  Before that, he spent seven years at Cisco (NASDAQ: CSCO), the worldwide leader in technology that powers the Internet, where he served as Senior Director, Strategy, Finance and Business Operations for the Mobility Business Group.  Previously he served as Director of Investor Relations and Assistant Treasurer for Starent Networks, Corp. (NASDAQ: STAR), a leading provider of infrastructure solutions that enable mobile operators to deliver multimedia services to their subscribers.  Earlier in his career, Mr. Donohue held various roles at IDC, Ferris Baker Watts, Teradyne and Quantum Corporation.  Mr. Donohue earned an MBA and MSF from Boston College and a Bachelor’s Degree from The University of New Hampshire.

“On behalf of the Board of Directors and the entire leadership team, I would like to thank Mario for the valuable contributions he has made since joining the team,” continued Mr. George. “During Mario’s tenure we made important progress in the areas of people, systems, controls and technology which positions us well in our growth plans as a public company.  We wish Mario well in his next chapter.”

About Evolv Technology

Evolv Technology (NASDAQ: EVLV) is a global leader in weapons detection security screening. Our mission is 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 250 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 including but not limited to statements regarding our expectations regarding the executive management transition changes. Forward-looking statements involve the Company’s current expectations and projections relating to its financial condition, competitive position, future financial results, plans, objectives, and business. 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 the Company’s current views with respect to future events and the 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 the Company’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures; the Company’s history of losses and lack of profitability; the Company’s reliance on third party contract manufacturing; the rate of innovation required to maintain competitiveness in the markets in which the Company competes; the competitiveness of the market in which the Company competes; the ability for the Company to obtain, maintain, protect and enforce the Company’s intellectual property rights; the concentration of the Company’s revenues on a single solution; the Company’s ability to timely design, produce and launch its solutions, the Company’s ability to invest in growth initiatives and pursue acquisition opportunities; the limited liquidity and trading of the Company’s securities; geopolitical risk and changes in applicable laws or regulations; the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; operational risk; risk that the COVID-19 pandemic, including variants, vaccine roll-out efforts, and local, state, and federal responses to addressing the pandemic may have an adverse effect on the Company’s business operations, as well as the Company’s financial condition and results of operations; litigation and regulatory enforcement risks, including the diversion of management time and attention and the additional costs and demands on resources; and the risk factors set forth under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2021 filed with the Securities and Exchange Commission on March 28, 2022. 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.

 

Artificial Intelligence and sensor-based system has guests singing praises for easier and safer entry

Evolv Technology (NASDAQ: EVLV, “Evolv”), a leader in weapons detection security screening, today announced that Dollywood has selected Evolv Express®, its artificial intelligence (AI) based weapons detection system, to help guests safely enjoy the theme park.   

As part of its 37th season opening, Dollywood has been working with traffic engineers and security experts to expedite the way customers move through their parking lot, toll plaza, tram routes, and front gates.

With Evolv Express, guests arriving at the park don’t have to stop or remove items from their pockets or bags to enter the theme park. Evolv Express identifies weapons and other potential safety threats without compromising the guest experience. By using Evolv Express, Dollywood is able to streamline the islands of patrons entering and exiting the park, making it a much smoother and faster process.

“Today, proactively identifying and addressing security threats is more than a 9-5 job. It requires 24/7 attention on what’s physically happening in our park and what could happen in our IT infrastructure,” said Eugene Naughton, President of The Dollywood Company. “With Evolv Express, we believe  our patrons are safe as they breeze through the entrance. Additionally, using Evolv Insights™ complements our cybersecurity efforts by providing historical screening data to identify outliers and more effectively staff the park. With Evolv Express, Dollywood customers will have even more enjoyable experiences as lines are eliminated while security is enhanced.”

Dollywood is a highly awarded and widely recognized leader in the amusement industry, including being named one of the world’s top three theme parks. Each season, Dollywood welcomes more than three million people at its 160-acre theme park featuring more than 50 rides and attractions.

“As Dollywood prepares for the busy summer season and families and friends plan their vacations, they can rely on Evolv Express to quickly move foot traffic by screening 3600 people per hour and identifying weapons 10 times faster than metal detectors without compromising public safety,” said Peter George, CEO of Evolv Technology. “As more people get outside this summer, we’re proud of the work we’re doing for Dollywood and at theme parks across the country to help keep guests safe while playing an important behind-the-scenes role in helping them create fun memories.”

About Dollywood

Winner of the 2010 Applause Award, Dollywood consistently is recognized as one of the world’s best theme parks. Spanning 160 acres in the foothills of the Great Smoky Mountains, Dollywood offers more than 50 rides and attractions, including Lightning Rod, the Thunderhead wood coaster, the steel thriller Mystery Mine, the forward and backward launch Fire Chaser Express, and Wild Eagle, the country’s first wing coaster. Dollywood’s entertainment is recognized worldwide, having received more awards than any other theme park for its live entertainment, which showcases country, bluegrass, Southern gospel, classic rock ‘n’ roll and Appalachian music. Dollywood recently was ranked the #8 theme park in the world and the #6 theme park in the U.S. based on traveler reviews by TripAdvisor users. Daily demonstrations by more than a dozen master craftsmen offer a glimpse into the authentic artistry of the area’s rich heritage. In addition to mouth-watering, Southern-style food offered throughout the park, Dollywood hosts several of the South’s largest festivals with special performing groups and concerts. The park operates mid-March to January. More information is available at Dollywood.com.

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 250 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 (the “SEC”) on June 28, 2021, and other documents filed with or furnished to the SEC, including our Annual Report on Form 10-K for the year ended on December 31, 2021, that was filed with the SEC on March 28, 2022. 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. 

This distinction qualifies Evolv Technology to receive the SAFETY Act’s benefits for selected Anti-Terrorism Technologies

Evolv Technology (NASDAQ: EVLV, “Evolv”), the global leader in weapons detection security screening, today announced that Evolv Express®, its artificial intelligence (AI)-based weapons detection system, has been awarded the U.S. Department of Homeland Security (DHS) SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT).

Technologies that are awarded the SAFETY Act Designation have undergone rigorous use and review to meet and/or exceed the DHS’ performance standards that include examination of test results for weapons detection, operational use and effectiveness, manufacturing and quality assurance practices, and customer feedback.

The Support Anti-Terrorism by Fostering Effective Technologies Act (SAFETY Act) was introduced by Congress in 2002 to incentivize the creation of technologies to combat terrorism in the wake of 9/11. The SAFETY Act is intended to ensure that the threat of liability caused by a terrorist event does not deter manufacturers or sellers of effective anti-terrorism technologies from developing, commercializing and deploying technologies that could potentially save lives. The Acting Under Secretary for Science and Technology is the deciding official for current SAFETY Act applications.

This Designation demonstrates Evolv’s belief that the security industry demands a new standard for security screening that can adequately address threats to crowds where people gather without impacting their experience. The pinpointed accuracy of threats detected, insightful analytics that help improve security operations, and the continual improvements through machine learning are features that set Evolv apart from existing standards. Evolv Express is the only high-throughput weapons detection screening system to achieve SAFETY Act Designation.

“Visitors today demand a free-flowing contactless experience, but for decades the industry has developed technology to meet outdated detection standards without any regard for these new demands,” said Mike Ellenbogen, founder and head of advanced technology, Evolv Technology. “I’m proud of the way our team has recognized the need for and established technology to address the evolving threat landscape, in a way that satisfies the demands placed on all locations where people gather. We no longer need to sacrifice safety for experience.”

“We’re honored to receive the SAFETY Act Designation which we believe further supports the effectiveness of our technology, and ultimately, our ability to help keep people safe,” said Peter George, Evolv Technology President and CEO. “Not only does the DHS’s SAFETY Act Designation further validate our AI-based technology to the physical security market, but we believe it will also provide our customers and their visitors with increased assurance that Evolv helps to provide the safest possible venue entry, without the traditional metal detector experience.”

Screening 3,600 people per hour – 10 times faster than metal detectors – Evolv Express combines powerful sensor technology with proven AI, security ecosystem integrations, and comprehensive venue analytics to provide safer, more accurate threat detection at an unprecedented speed and volume. To learn more about Express, please visit: https://www.evolvtechnology.com/products/evolv-express.

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 200 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 prospectus, filed with the Securities and Exchange Commission on September 3, 2021, and other documents filed with or furnished to the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2021 that we filed with the SEC on March 28, 2022. 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.

Nine out of 10 fans say that security screening is not a point of contention for them, as stadium leverages Evolv to improve guest experience and rate in top quarter of NFL Stadiums

Evolv Technology (NASDAQ: EVLV, “Evolv”), the leader in weapons detection security screening, today announced results from its partnership with Mercedes-Benz Stadium in Atlanta to provide a more enjoyable, frictionless, and safe experience for fans. The stadium uses the company’s artificial intelligence (AI)-based system, Evolv Express®, to screen fans as they arrive at the stadium for games and other events, without requiring them to stop or remove items from their pockets or policy-compliant bags.

Prior to installing Evolv Express, seven out of ten fans cited their arrival at the stadium as an area of frustration and dissatisfaction. Since implementing Evolv Express, nine out of ten fans say that security screening is not a point of contention for them. The stadium has also dramatically reduced the percentage of guests flagged for a security re-check and increased the speed of entry for fans.

The stadium, home to the NFL’s Atlanta Falcons and MLS’s Atlanta United, hosts an average of 40-50 major events and more than 200 private events each calendar year including the SEC Football Championship, Chick-fil-A Peach Bowl, and countless concerts by world-renowned artists.

“Our objective is to make attending events at Mercedes-Benz Stadium feel like you’re walking into a friend’s house — to a place you belong or even own,” said Karl Pierburg, Chief Technology Officer, AMB Sports and Entertainment, parent company of the Atlanta Falcons, Atlanta United, and Mercedes-Benz Stadium. “It was critically important to us to find a way to allow secure entry without degrading the guest experience at all. Evolv has transformed the entry experience for us and contributes to the high marks we get in general when it comes to entry experience, where we rate in the top quarter of all NFL stadiums.”

Evolv Express uses powerful sensor technology with proven AI to provide safer, more accurate threat detection at unprecedented volumes and speed of entry. With Evolv Insights, security staff can use historical screening data to make predictions about throughput, with the goal of improving the fan experience while making the stadium more secure.

“Venues like Mercedes-Benz Stadium are recognizing that fans should not have to sacrifice experience for safety,” said Peter George, CEO of Evolv Technology. “Finally, fans are able to gather back together after almost two years of capacity limitations, isolation, and health concerns – and they should be able to enjoy these gatherings safely, from the moment they arrive at the stadium until the game clock ticks down.”

Evolv’s innovative security screening technology has been used to enhance safety at a number of major sporting events, including the U.S. Open Golf Championship, and it is part of the state-of-the-art fan experience at Lower.com Field, the brand-new home of the Columbus Crew in Major League Soccer.

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 200 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 (the “SEC”) on June 28, 2021, and other documents filed with or furnished to the SEC, including our Annual Report on Form 10-K for the year ended on December 31, 2021, that was filed with the SEC on March 28, 2022. 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.

Weapons Detection System Lauded For Its Speed, Reporting, And Enhanced Management Of Processes

Evolv Technology (NASDAQ: EVLV, “Evolv”), the global leader in weapons detection security screening, received the Security Industry Association (SIA) New Products and Solutions (NPS) Award in the Law Enforcement/Public Safety/Guarding Systems category for Evolv Express®, its artificial intelligence (AI) based weapons detection system. The announcement was made earlier today at the International Security Conference & Exposition (ISC) West, the largest security industry trade show in the U.S.

Evolv Express combines cameras, sensors, AI, and advanced video analytics with cloud connectivity to distinguish weapons from other commonly carried items. Evolv Express also has the capability to communicate an identified potential threat item to other security technologies used by the customer, automatically initiating a  security protocols and supporting a coordinated security response at the customer site.

 “This recognition is particularly meaningful to Evolv because it underscores our dedication to assisting professionals on the frontlines of protecting the public. We believe it also validates that our technology provides the highest degree of weapons detection accuracy,” said Peter George, Evolv Technology CEO. “To be recognized by such an esteemed organization in the security industry is a tremendous honor, and an incredible way to cap off our presence at this year’s event.”

Formerly the New Product Showcase Awards, the NPS Awards is the SIA’s flagship awards program recognizing the best and most innovative security products, services and solutions available. Entrants are reviewed by a panel of more than 30 independent judges with extensive industry experience who dedicate significant time and provide careful evaluation to ultimately select honorees. Entrants in this year’s program made face-to-face presentations to the judges during ISC West, which was held at the Venetian Expo in Las Vegas, Nevada.

To learn more about Express, please visit: https://www.evolvtechnology.com/products/evolv-express.

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 200 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 prospectus, filed with the Securities and Exchange Commission (the “SEC”) on September 3, 2021, and other documents filed with or furnished to the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2021 that we intend to file with the SEC on March 25, 2022. 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.

Evolv Technology (NASDAQ: EVLV, “Evolv”), the global leader in weapons detection security screening, today announced the results of a rigorous exercise of its Evolv Express® artificial intelligence (AI) based weapons detection system conducted by the National Center for Spectator Sports Safety and Security (NCS4).  

Criteria and focus areas for this exercise were developed in cooperation with the NCS4.  Marketed capabilities, industry best practices, and security standards were used as the basis for determining exercise requirements. The exercise evaluation team consisted of professional sports, major events, and public assembly site representatives. The NCS4 exercise program follows principles espoused by the U.S. Department of Homeland Security (DHS) validation programs meant to assist with objective and quantitative reviews of available commercial systems and solutions. 

Evolv Express was exercised in October 2021 in a real-world environment at Lower.com Field, home of the Columbus, Ohio-based Columbus Crew major league soccer team. Operational capabilities were demonstrated by functional areas including: weapons vs personal items, walkthrough speed and crowd volume, operational performance and the analytics used to improve security and the crowd experience. 

 Evolv Express Identifies Critical Security Threats 

 NCS4 scores solutions on a scale of 0 to 3 based on the following criteria:  

• 3.0: Solution meets requirements and there are no recommendations for improvement.  

• 2.0: Solution meets requirements yet there are some recommendations for improvement.  

• 1.0: Solution partially meets requirements. 

• 0.0: Solutions fails to meet requirements. 

Overall, Evolv Express earned a score of 2.84. This score reflects that, on average, Evolv Express met the criteria established for this exercise. Additional key findings from NCS4’s exercise of Evolv Express include: 

“The NCS4 Operational Exercise Report for Evolv Express provides third party support of what hundreds of customers and over 200 million visitors already know from their personal experience: that Evolv Express offers an unmatched combination of high-performance weapons detection, low false alarm rates, high throughput, and unique operational insights that both keep visitors from our customers safe and improve their experience.  Together with our operational expertise and training, Evolv Express exemplifies a new standard in security screening,” said Peter George, CEO, Evolv Technology. 

To download the NCS⁴ report, please visit this link.  

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 200 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 prospectus, filed with the Securities and Exchange Commission (the “SEC”) on September 3, 2021, and other documents filed with or furnished to the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2021 that we intend to file with the SEC on or before March 30, 2022. 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. 

 

Contacts 

Media Contact: 

Fitzgerald Barth 

fbarth@evolvtechnology.com  

 

Investor Contact: 
Brian Norris  
bnorris@evolvtechnology.com