Land and Expand – Four Knightscope Customers Strengthen Emergency Communications Programs

Rhea-AI Summary

Knightscope receives new purchase orders from existing customers to strengthen emergency communications systems.

Positive

• A university in Delaware expands their emergency communication system with 3 K1 Blue Light Emergency Phones.
• A Southern California university adds Knightscope's K1B Maintenance Plan to ensure equipment is in optimal condition.
• An Atlanta suburb adds a Knightscope K1 Call Box to their existing system.
• The Office of Mental Health in a large New York city adds one K1 Call Box to their system.
• Customers recognize the benefits of emergency phones in improving public safety and confirming the effectiveness of these programs.

Negative

• None.

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), a leading developer of autonomous security robots and blue light emergency communication systems, today announces new purchase orders received from four existing customers – two cities and two universities – seeking to grow and improve their emergency communications systems.

Land and Expand – Four Knightscope Customers Strengthen Emergency Communications Programs (Graphic: Business Wire)

Advocates, individuals, and government officials at all levels must do everything they can to ensure that schools are safe places for students, teachers, and other employees. A university in Delaware is expanding their 15-phone emergency communication system with 3 K1 Blue Light Emergency Phones. A Southern California university added Knightscope’s K1B Maintenance Plan to ensure that their equipment is in the best possible operational condition at all times. Both customers recognize public safety across the entire education system in the United States is essential and have taken steps to fortify their programs.

An Atlanta suburb with a 23-phone system added a Knightscope K1 Call Box to their program, while the Office of Mental Health in a large New York city added one K1 Call Box to its 8 Call Box system. Cities understand that the benefits of installing emergency phones include eliminating the need to find a number to call during an emergency; location tracking so that emergency personnel know exactly where to dispatch help; and to supplement spotty cell coverage and dead batteries often contributing to failed communications in time of need.

Customers with such strong, expanding portfolios confirm the effectiveness of these programs and serve to help the Company’s continuing efforts to execute on its growth plan. Other recommendations for improving public safety with emergency communications may be found in Knightscope’s blog here.

LEARN MORE

Knightscope’s ASR services and industry leading emergency communications products help better protect the places people live, work, study and visit. To learn more about Knightscope’s Blue Light Emergency Communication Systems or Autonomous Security Robots – now with the option of Private LTE – book a discovery call or demonstration now at www.knightscope.com/discover.

About Knightscope

Knightscope is an advanced public safety technology company that builds fully autonomous security robots and blue light emergency communications systems that help protect the places people live, work, study and visit. Knightscope’s long-term ambition is to make the United States of America the safest country in the world. Learn more about us at www.knightscope.com. Follow Knightscope on Facebook, X (formerly Twitter), LinkedIn and Instagram.

Forward-Looking Statements

This press release may contain “forward-looking statements” about Knightscope’s future expectations, plans, outlook, projections and prospects. Such forward-looking statements can be identified by the use of words such as “should,” “may,” “intends,” “anticipates,” “believes,” “estimates,” “projects,” “forecasts,” “expects,” “plans,” “proposes” and similar expressions. Forward-looking statements contained in this press release and other communications include, but are not limited to, statements about the Company’s profitability and growth. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. These risks and uncertainties include, among other things, the risk that the restructuring costs and charges may be greater than anticipated; the risk that the Company’s restructuring efforts may adversely affect the Company’s internal programs and the Company’s ability to recruit and retain skilled and motivated personnel, and may be distracting to employees and management; the risk that the Company’s restructuring efforts may negatively impact the Company’s business operations and reputation with or ability to serve customers; the risk that the Company’s restructuring efforts may not generate their intended benefits to the extent or as quickly as anticipated. Readers are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in Knightscope’s Annual Report on Form 10-K for the year ended December 31, 2022. Forward-looking statements speak only as of the date of the document in which they are contained, and Knightscope does not undertake any duty to update any forward-looking statements, except as may be required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231009206758/en/

Public Relations:

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

Source: Knightscope, Inc.

What are the new purchase orders received by Knightscope?

Knightscope received new purchase orders from four existing customers - two cities and two universities - seeking to strengthen their emergency communications systems.

What steps have the universities taken to fortify their programs?

A university in Delaware expanded their emergency communication system with 3 K1 Blue Light Emergency Phones. A Southern California university added Knightscope's K1B Maintenance Plan to ensure optimal operational condition.

What did the Atlanta suburb and New York city do to enhance their emergency communications systems?

The Atlanta suburb added a Knightscope K1 Call Box to their program. The Office of Mental Health in a large New York city added one K1 Call Box to their existing system.

What are the benefits of installing emergency phones?

Installing emergency phones eliminates the need to find a number to call during an emergency, enables location tracking for emergency personnel, and supplements spotty cell coverage and dead batteries that often contribute to failed communications in times of need.

What do the new purchase orders confirm?

The new purchase orders from existing customers confirm the effectiveness of emergency communication programs and support Knightscope's growth plan.