GiveEvolv formed to donate Evolv’s
state-of-the-art weapons detection at no cost to schools in
need
Evolv Technology (NASDAQ: EVLV, “Evolv”), the global leader in
weapons detection security screening, today announced it has
created Give Evolv LLC, (“GiveEvolv”).
GiveEvolv was established to help accelerate Evolv’s mission of
making people and public venues safer. By providing need-based,
free-of-charge donations of Evolv weapons screening systems to
schools that would not otherwise be able to afford them, GiveEvolv
seeks to offer parents, students, and teachers confidence and peace
of mind that schools are a safe place to learn.
Since the Columbine High School shooting in April 1999, more
than 256,000 students have been victims of gun violence during
school hours.1 In 2018, 113 people were killed in 29 school
shootings. In 2019, there were 45 school shootings, an average of
nearly one school shooting per week.2 Despite COVID-19 school
closings, there have been at least 14 school shootings since March
2020, and 2021 is currently on track to be the United States’
deadliest year for gun violence, with 296 mass shootings thus far.3
On-campus incidents have occurred in rural towns, cities, and
suburbs, affecting poor, middle-class and affluent communities -
proving that no location is immune to gun violence.
“At Evolv, our vision is a safer world for people to work, learn
and play. We are committed to democratizing security and GiveEvolv
does just that,” said Peter George, CEO, Evolv Technology. “By
granting state-of-the-art technology to schools that cannot
otherwise afford it, GiveEvolv will help keep students and
educators in areas most affected by gun violence safe and focused
on teaching and learning, as they should be.”
GiveEvolv will initially be funded by NewHold Investment Corp.
(“NewHold”), Evolv’s sponsor in its recent SPAC transaction, and is
expected to receive future funding from Evolv and its employees, as
well as other donors.
In connection with GiveEvolv, Evolv has formed an advisory board
composed of Evolv and NewHold senior executives and directors and
other leading industry experts to ensure the grants reach the
appropriate educational institutions, based on their pressing
needs. The initial advisory board comprises seven members,
including Peter George, Evolv CEO; Kevin Charlton, NewHold CEO and
Evolv Technology board member; Clarence Anthony, CEO and Executive
Director of the National League of Cities; Brian Mathis, NewHold
board member; Colleen McCarthy, Founder of McCarthy Strategies;
Chris Singleton, Inspirational Speaker and Former Professional
Baseball Player; and Michael Tubbs, Former Mayor of Stockton,
California.
“Evolv is paving the way for the entire industry, proving that
companies can do well by doing good,” said Kevin Charlton, CEO of
NewHold Investment Corp. and member of the Board of Directors of
Evolv and the advisory board of GiveEvolv. “As part of our SPAC
merger with Evolv, NewHold is proud to be able to contribute to
this very important mission and provide initial funding for
GiveEvolv.”
For more information about GiveEvolv, visit
www.evolvtechnology.com/GiveEvolv.
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. Our mission is enabling a better experience and better
security for venues, creating a safer world to work, learn, and
play by transforming physical security to make everywhere safer. We
give sports fans, theme park visitors, concertgoers, shoppers,
employees, students, and others peace of mind so that they can
gather without fear of violence. Our security screening has scanned
more than 100 million people, second only to the Department of
Homeland Security’s Transportation Security Administration (TSA) in
the United States, and our technology combines powerful, advanced
sensors with proven artificial intelligence (AI), security
ecosystem integrations, and comprehensive venue analytics to
reliably detect threats 10 times faster than traditional metal
detectors.
Evolv Technology, Evolv Express®, Evolv Insights™, and Evolv
Cortex AI™ are registered trademarks or trademarks of Evolv
Technologies, Inc. in the United States and other
jurisdictions.
For more information, visit https://evolvtechnology.com.
About GiveEvolv
GiveEvolv shares Evolv Technology’s purpose to make the world a
safer place to work, learn and play.
Evolv Technology started as a small team with a clear mission:
return confidence and peace of mind to people visiting public
spaces. As the leader in human security, our team is dedicated to
making the world a safer place by helping to protect innocent
people from mass casualties.
To further Evolv’s mission, we have created Give Evolv LLC
(“GiveEvolv”). GiveEvolv was established with the goal of
furthering Evolv’s mission of making people and public venues safer
by making grants of Evolv systems to organizations, particularly
schools, that would not otherwise be able to afford these systems
and where the need is greatest. For more information on GiveEvolv
visit https://evolvtechnology.com/GiveEvolv.
Forward-looking Statements
Certain statements in this press release may constitute
“forward-looking” statements and information, within the meaning of
Section 27A of the Securities Act of 1933, Section 21E of the
Securities Exchange Act of 1934, and the safe harbor provisions of
the U.S. Private Securities Litigation Reform Act of 1995 that
relate to our current expectations and views of future events. In
some cases, these forward-looking statements can be identified by
words or phrases such as “may,” “will,” “expect,” “anticipate,”
“aim,” “estimate,” “intend,” “plan,” “believe,” “potential,”
“continue,” “is/are likely to” or other similar expressions. These
forward-looking statements are subject to risks, uncertainties and
assumptions, some of which are beyond our control. In addition,
these forward-looking statements reflect our current views with
respect to future events or our Company’s performance and are not a
guarantee of future performance. Actual outcomes may differ
materially from the information contained in the forward-looking
statements as a result of a number of factors, including, without
limitation, the risk factors set forth in our proxy
statement/prospectus, filed with the Securities and Exchange
Commission on June 28, 2021, as updated by the risk factors
disclosed in the section titled “Risk Factors” in our Form 8-K,
filed with the SEC on July 22, 2021, and other documents filed with
or furnished to the SEC. These statements reflect management’s
current expectations regarding future events and operating
performance and speak only as of the date of this press release.
You should not put undue reliance on any forward-looking
statements. Although we believe that the expectations reflected in
the forward-looking statements are reasonable, we cannot guarantee
that future results, levels of activity, performance and events and
circumstances reflected in the forward-looking statements will be
achieved or will occur. Except as required by law, we undertake no
obligation to update or revise publicly any forward-looking
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or otherwise, after the date on which the statements are made or to
reflect the occurrence of unanticipated events.
1
https://www.washingtonpost.com/graphics/2018/local/school-shootings-database/
2 https://www.bbc.com/news/business-46507514
3
https://www.edweek.org/leadership/school-shootings-this-year-how-many-and-where/2021/03
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version on businesswire.com: https://www.businesswire.com/news/home/20210908005590/en/
Media Contact: Fitzgerald Barth
fbarth@evolvtechnology.com Investor Contact: Brian Norris
bnorris@evolvtechnology.com
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