Lee Health Selects Evolv Technology For Weapons Detection

Rhea-AI Summary

Evolv Technology (NASDAQ: EVLV) has partnered with Lee Health, one of Florida's largest not-for-profit health systems, to install its AI-based Evolv Express® screening solution at several emergency department entrances. This decision comes in light of increasing violence towards healthcare staff, with Evolv's technology aiming to detect threats efficiently without the need for individuals to stop and open bags.

With the recent 7.0 software update, Evolv Express features improved detection algorithms and a more intuitive interface. Currently, the system is operational at three Lee Health hospitals, with plans to expand to three more facilities. This initiative is part of a broader move within the healthcare industry to enhance security and protect staff and patients.

Positive

• Partnership with Lee Health, a major health system in Florida, enhancing market presence.
• Implementation of Evolv Express at three initial sites, with plans for three more, showing strong adoption.
• Recent 7.0 software update improves detection algorithms and user interface.
• Identified and prevented weapons from entering healthcare facilities, demonstrating effectiveness.
• Screening over 600,000 hospital visitors daily across 350 hospitals, indicating widespread use.

Negative

• Potential increase in operational costs due to the expansion of Evolv Express systems.
• Dependence on the healthcare sector, which may face budget constraints or policy changes.
• Any system failure or false negatives could have serious implications for safety and trust.

Insights

Tech Expert

Evolv Technology's partnership with Lee Health demonstrates the growing importance of AI-based security solutions in sensitive environments like healthcare. The sensor technology combined with AI aims to enhance threat detection while minimizing disruptions. Given the recent update to Evolv Express 7.0, the system now boasts improved detection algorithms and a more user-friendly interface. This new update can reduce false positives, which is significant in high-traffic areas like emergency departments. This technology's ability to differentiate between threats and non-threatening metal objects can streamline hospital operations, potentially reducing wait times for patients and visitors. The seamless integration of this technology into existing security frameworks at health facilities sets a precedent for future tech solutions in healthcare.

Healthcare Security Analyst

Lee Health's adoption of Evolv Technology's screening systems underscores a broader trend in the healthcare sector towards enhanced security measures. With the rise in violence towards healthcare staff and incidents of gun violence in hospitals, the implementation of such advanced screening technology is timely and necessary. The ability to screen large volumes of people quickly and effectively without extensive delays is important in emergency settings where time is of the essence. Furthermore, the partnership could serve as a model for other healthcare systems facing similar security challenges, potentially leading to widespread adoption of similar technologies, thereby enhancing overall healthcare security standards.

The health system is the first in southwest Florida to use the AI-based screening systems

WALTHAM, Mass.--(BUSINESS WIRE)-- Evolv Technology (NASDAQ: EVLV), the leading security technology company pioneering AI-based screening to create safer experiences, today announced its partnership with Lee Health, one of the largest not-for-profit health systems in Florida. Lee Health uses Evolv’s state-of-the-art Evolv Express® screening solution at the entrances to three of its emergency departments, with plans to install Evolv Express systems at three additional locations.

Evolv Express uses powerful sensor technology with artificial intelligence (AI) to provide safer, more accurate threat detection at exceptional volume and speed. With the recent Evolv Express 7.0 software update, users experience enhancements to the detection algorithm designed to reduce false alarms and a more intuitive interface. The system allows people to walk through without having to always stop to open bags or empty pockets. The technology can tell the difference between certain threats and many everyday metal items people carry with them, allowing for a smoother entry at a place like a hospital’s emergency department, where speed is critical.

Lee Health has installed Evolv Express at the emergency department entrances to Lee Health Memorial Hospital, Lee Health Gulf Coast Medical Center, and Lee Health Cape Coral Hospital. It plans to install three more systems at Golisano Children’s Hospital of Southwest Florida and Health Park Medical Center. With an increase in violence towards staff at hospitals around the country, as well as multiple incidents of gun violence at hospitals in the U.S. in the first half of 2023, Lee Health joins other health facilities turning to Evolv to add to their layered security approach.

“We are acutely aware of escalating violence in healthcare settings, and unfortunately, we have had our own instances where weapons have made it inside our buildings,” said Robert Sherwood, Lee Health’s director of public safety technology and community-based care. “In the short time we’ve been using Evolv Express, we’ve already seen success. The systems have identified firearms and knives that otherwise would have been brought inside our hospitals.”

Evolv has partnered with more than 350 hospitals across the country, screening more than 600,000 hospital visitors every day.

“Hospitals and other healthcare facilities are places of healing, and no one in those buildings should feel threatened in any way,” said Jason Grellner, vice president of healthcare for Evolv Technology. “Evolv is proud to be a part of the security posture at Lee Health, helping to contribute to a feeling of safety for patients, staff, and visitors.”

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 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.

About AEG
Headquartered in Los Angeles, California, AEG is the world's leading sports and live entertainment company. The company operates in the following business segments: Facilities, which through its affiliation with ASM Global, owns, manages or consults with more than 300 preeminent arenas, stadiums, convention centers and performing arts venues around the world; Music through AEG Presents, which is dedicated to all aspects of live contemporary music performances, including producing and promoting global and regional concert tours, music and special events and world-renowned festivals such as the Coachella Valley Music and Arts Festival; Real Estate, which develops world-class venues, as well as major sports and entertainment districts like Crypto.com Arena and L.A. LIVE, Mercedes Platz in Berlin and The O2 in London; Sports, as the world's largest operator of high-profile sporting events and sports franchises including the LA Kings, LA Galaxy and Eisbären Berlin; and Global Partnerships, which oversees worldwide sales and servicing of sponsorships including naming rights, premium seating and other strategic partnerships. Through its worldwide network of venues, portfolio of powerful sports and music brands and its integrated entertainment districts, AEG entertains more than 160 million guests annually. More information about AEG can be found at www.aegworldwide.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/20240522548170/en/

Evolv Media:

Alexandra Smith Ozerkis

aozerkis@evolvtechnology.com

Evolv Investors:

Brian Norris

bnorris@evolvtechnology.com

Source: Evolv Technology

FAQ

What is Evolv Technology's stock symbol?

Evolv Technology's stock symbol is NASDAQ: EVLV.

What is the significance of Evolv Technology's partnership with Lee Health?

The partnership marks the first use of AI-based screening systems in southwest Florida to enhance hospital security.

Which hospitals currently use Evolv Express systems?

Evolv Express is used at Lee Health Memorial Hospital, Gulf Coast Medical Center, and Cape Coral Hospital.

What are the future plans for the Evolv Express systems in Lee Health?

Plans include installing Evolv Express at Golisano Children’s Hospital and Health Park Medical Center.

How does Evolv Express improve security in hospitals?

Evolv Express uses AI and sensor technology to detect threats quickly and accurately, reducing the need for manual checks.