Evolv Technology Elevates 360 CHICAGO Experience

Rhea-AI Summary

Evolv Technology (NASDAQ: EVLV) has partnered with 360 CHICAGO, installing its Evolv Express® system for guest screening at the observation deck. The AI-based screening technology was implemented in August 2023 as part of recent renovations, replacing manual bag checks. Jennifer Hesser, 360 CHICAGO's assistant general manager, emphasized that the system enhances guest experience and comfort through proper screening.

The Evolv Express uses sensor technology combined with AI to differentiate between threats and common metal objects. This allows for quick processing of guests after ticket purchase. Jay Muelhoefer, Evolv's chief commercial officer, highlighted the company's role in adding safety to the attraction. Evolv's technology is used across various venues, including theme parks, performing arts centers, and sports facilities.

Positive

• Partnership with 360 CHICAGO expands Evolv's presence in high-profile venues
• Installation of Evolv Express system as part of 360 CHICAGO's recent upgrades
• Improved guest experience and security screening efficiency reported by 360 CHICAGO

Negative

• None.

Evolv Becomes A Part of Guest Experience Improvements at Windy City Landmark

WALTHAM, Mass.--(BUSINESS WIRE)-- Evolv Technology (NASDAQ: EVLV), a leading security technology company pioneering AI-based screening to create safer experiences, today announced its partnership with 360 CHICAGO, the observation deck and immersive experience on the 94^th floor of 875 N Michigan Avenue, formerly the John Hancock Center in Chicago, Illinois.

360 CHICAGO uses an Evolv Express® system to screen guests before they take the elevator up to the experience, which includes the TILT thrill ride and CloudBar, a cocktail lounge with panoramic views of the city. The system was installed in August 2023 after venue officials saw Evolv screening fans attending a local sporting event. 360 CHICAGO used to conduct manual bag checks at entry. When it recently underwent renovations, it included Evolv in a number of upgrades.

“The guest experience is our top priority,” said Jennifer Hesser, 360 CHICAGO’s assistant general manager. “We brought Evolv on board as our security screening partner because we want the best of everything for our guests. Evolv has helped us improve our guests’ experiences and create a new level of comfort for everyone, because if you are in our space, you have been properly screened.”

Evolv Express uses sensor technology combined with AI to tell the difference between certain threats and many kinds of metal objects people carry in their pockets. After guests purchase their tickets for 360 CHICAGO, they pass through the Evolv system, helping allow them to quickly proceed to the elevator.

“One of the wonderful things about 360 CHICAGO, beyond the unprecedented views of the city that it offers, is that it’s a respite from the busy streets below,” said Jay Muelhoefer, chief commercial officer for Evolv Technology. “We’re honored to be an integral part of that experience – adding a layer of safety and security to an incredible attraction that, quite literally, takes guests to new heights.”

360 CHICAGO joins a wide variety of venues using Evolv Technology for weapons detection. Evolv’s partners include leading theme parks, performing arts centers, casinos, places of worship, schools, hospitals, and sports facilities.

About Evolv Technology

Evolv Technology (NASDAQ: EVLV) is transforming human security to help make a safer, faster, and better experience for many of the world’s most iconic venues and companies as well as schools, hospitals, and public spaces, using artificial intelligence (AI)-powered screening 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. 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 Cortex AI®, and Evolv Visual Gun Detection™ 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, 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 March 31, 2024 that was filed with the SEC on May 9, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240718546656/en/

Media:

Alexandra Smith Ozerkis

aozerkis@evolvtechnology.com



Investor:

Brian Norris

bnorris@evolvtechnology.com

Source: Evolv Technology

FAQ

When did 360 CHICAGO install Evolv Technology's screening system?

360 CHICAGO installed Evolv Technology's Evolv Express® screening system in August 2023 as part of recent renovations to the observation deck.

How does Evolv Express (EVLV) improve the guest experience at 360 CHICAGO?

Evolv Express improves the guest experience at 360 CHICAGO by replacing manual bag checks with AI-based screening, allowing for quicker processing of guests and enhanced security comfort.

What technology does Evolv Technology (EVLV) use in its screening systems?

Evolv Technology uses sensor technology combined with AI in its Evolv Express system to differentiate between potential threats and common metal objects carried by guests.

Where else is Evolv Technology's (EVLV) screening system being used?

Evolv Technology's screening systems are used in various venues including theme parks, performing arts centers, casinos, places of worship, schools, hospitals, and sports facilities.