Evolv to launch new physical and digital
security products at Global Security Exchange (GSX) conference
New bag scanner does not require removal of
laptops, three-ring binders or other items
Evolv Technology (NASDAQ: EVLV), a leading security technology
company pioneering AI-based solutions designed to create safer
experiences, today announced the launch of two new product
offerings to be displayed at the upcoming Global Security Exchange
(GSX) conference, September 23-25 in Orlando, Florida. The new
products include Evolv eXpedite™, an autonomous AI-based weapons
detection system for bags, and Evolv Eva™, a personal safety app.
These new offerings, as well as existing products such as Evolv
Express® and Evolv Visual Gun Detection™, are designed to be
integrated layers for detection as part of a unified Evolv Safer
Experience System™. Customers may start with any of the offerings
knowing they can easily add layers and capabilities over time for
their security operations. Evolv eXpedite will allow guests to
enter at the pace of life through Express and have their bags
screened simultaneously without having to remove binders, laptops
and other items. In the future, Evolv eXpedite will be enhanced to
deter certain prohibited items like vapes, with the goal to help
organizations enforce policies for a safer, more compliant
environment.
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the full release here:
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Evolv eXpedite™, an autonomous AI-based
weapons detection system for bags. (Photo: Business Wire)
The Evolv Safer Experience System™
The Evolv Safer Experience System offers multiple advanced
solutions that work together to help deter, detect, and orchestrate
response to security threats. Unlike standalone solutions, the
Evolv Safer Experience System affords customers the ability to
leverage connected solutions for brandished firearm detection,
concealed weapons detection, personal safety tools, and/or data
analytics into a unified security infrastructure. This approach is
intended to remove inefficiencies and burdens that can be caused by
disconnected offerings from various vendors.
Evolv's unique "Red Box" visual alert is provided across several
Safer Experience System products to help identify the threat
location and speed resolution. The Safer Experience System brings
together common user interfaces, alerting, applications, data
analytics, deployment and support processes aimed to better connect
the security environment and operating experiences. The goal of
having coordinated layers from one platform is to create a safer,
efficient, and welcoming security experience. Evolv’s newest
innovations extend the value of flagship product Evolv Express® and
build upon recent enhancements such as the Evolv Mobile app,
automated analytics reports, and new Portal dashboards.
“At Evolv, our mission is to help create safer experiences where
people live, work, learn and play. We believe the next security era
will be defined by ‘connected layers’ to address the
multi-dimensional nature of threats,” said Peter George, CEO of
Evolv Technology. “We have been, and will continue to be, on the
cutting edge of innovation with cloud-based software and AI to
advance the effectiveness of our products, support our customers
growing needs, and solidify our position as a pioneering leader in
physical security.”
Introducing Two New Products
- Evolv eXpedite™: Designed to work in conjunction with
Evolv Express, Evolv’s latest AI-based product innovation, Evolv
eXpedite, is an autonomous, high throughput threat detection system
for bags. eXpedite is designed to eliminate the need for a trained
operator to detect potential threats in a cluttered bag
environment. Most traditional x-ray machines require an operator to
interpret an x-ray image. eXpedite utilizes advanced AI to
determine if a bag contains a potential threat. There is no image
that needs to be interpreted by a person, as eXpedite provides a
simple “Red Light/Green Light” determination of which bag may need
to be searched. With high speed and high accuracy detection,
eXpedite is designed to maximize throughput of bags scanned while
minimizing the number of bags that require hand search. This can
help venues to add high-speed bag inspection to accelerate and
simplify the visitor experience without needing to add staff with
specific x-ray interpretation training or skills. “We designed
eXpedite to create a fast and simple way for venues with high
clutter environments to clear bags while keeping up with the speed
of people being screened by Express,” said Mike Ellenbogen,
co-founder and chief innovation officer of Evolv. "At SoFi Stadium
at Hollywood Park, we are deeply committed to innovation and are
always eager to explore any new solutions Evolv introduces that
prioritize both security and the visitor/employee experience. We
are particularly excited about their advancements in the X-ray
space with Evolv eXpedite. We believe this technology has the power
to enhance our entry throughput while providing an easy-to-use
system that supports our operators effectively,” said Otto
Benedict, senior vice president, facility and campus operations at
SoFi Stadium and Hollywood Park. Leveraging Evolv’s AI-based
approach with “Red Box” resolution support for operators, eXpedite
marks the next step in Evolv’s mission to provide intelligent
threat detection solutions that empower security professionals and
create safer experiences. Evolv eXpedite is planned for limited
availability in North America in Q4.
- Evolv Eva™: Evolv is also delighted to introduce Evolv
Eva, a mobile personal safety app designed to provide on-the-go,
24/7 safety features for people as they live, work, learn and play.
Eva offers personal safety resources through on-the-go security
tools, such as ‘automatic check-ins’, ‘report an incident’, and
‘connect with a live, trained safety agent.’ This furthers Evolv’s
mission to create safer experiences in more places beyond venues.
Evolv partners with more than 800 organizations worldwide for
weapons detection and Evolv Eva offers customers an additional tool
to help keep their employees safer with this companion mobile app.
Evolv Eva is planned for general availability in North America in
Q4.
“We are committed to driving the physical security industry
forward by pioneering connected solutions for our customers and
delivering excellence in all we do,” said Jay Muelhoefer, chief
commercial officer of Evolv Technology. “Our thoughtful approach to
innovative product development is driven by our customers’ needs
and feedback. We remain grateful for the deep level of engagement
from the security and business leadership community we serve.”
Evolv partners with iconic organizations across the globe,
including stadiums, arenas, performing arts centers, theme parks
and museums, as well as schools, hospitals, places of worship and
cities. Evolv’s technology has been used to screen over one billion
people since 2019 and is part of a layered approach to safety for
over 800 customers worldwide.
Evolv Technology’s new products, along with flagship product
Evolv Express® and Evolv Visual Gun Detection®, will be showcased
at GSX 2024 at Booth #2640. For more information, please
visit www.evolv.com.
About Evolv Technology
Evolv Technology (NASDAQ: EVLV) is designed to transform 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 screening and analytics. Its mission is
to transform security to create a safer world to live, work, learn,
and play. Evolv has digitally transformed the gateways in many
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. 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, as well as Sport Business
Journal’s (SBJ) awards for “Best In Fan Experience Technology” and
“Best In Sports Technology”. Evolv®, Evolv Express®, Evolv
Insights®, Evolv Visual Gun Detection™, Evolv eXpedite™, and Evolv
Eva™ are registered trademarks or trademarks of Evolv Technologies,
Inc. in the United States and other jurisdictions. For more
information, visit https://evolv.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, 2023, that was filed with
the SEC on February 29, 2024, 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, 2024 that was filed with the SEC on
August 8, 2024. These statements reflect management’s current
expectations regarding future events and operating performance and
speak only as of the date of this press release. You should not put
undue reliance on any forward-looking statements. Although we
believe that the expectations reflected in the forward-looking
statements are reasonable, we cannot guarantee that future results,
levels of activity, performance and events and circumstances
reflected in the forward-looking statements will be achieved or
will occur. Except as required by law, we undertake no obligation
to update or revise publicly any forward-looking statements,
whether as a result of new information, future events or otherwise,
after the date on which the statements are made or to reflect the
occurrence of unanticipated events.
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version on businesswire.com: https://www.businesswire.com/news/home/20240917623426/en/
Media Contact: Alexandra Smith Ozerkis
aozerkis@evolvtechnology.com
Investor Contact: Brian Norris
bnorris@evolvtechnology.com
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