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South Florida University Places Order with Knightscope

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Knightscope, Inc. (Nasdaq: KSCP) has announced a significant order from a southern Florida university for three K1 Blue Light Emergency Phones, enhancing their emergency communication capabilities. This follows a prior purchase of 40 K1 Blue Light Towers by Transportation Solutions & Lighting. Additionally, the Orange County Convention Center will introduce its new Autonomous Security Robot, named "BBot," at a media event on March 24, 2023, showcasing the company's commitment to innovative security solutions.

Positive
  • University order for 3 K1 Blue Light Emergency Phones strengthens Knightscope's market presence.
  • Previous purchase of 40 emergency towers by TS&L indicates growing demand for Knightscope's products.
  • Introduction of Autonomous Security Robot at OCCC enhances visibility for Knightscope's security technology.
Negative
  • None.

Orange County Convention Center Media Event Showcases Security Robot Team Member

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. (Nasdaq: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, today announced that a university in southern Florida has purchased three of its K1 Blue Light Emergency Phones through Transportation Solutions & Lighting (“TS&L”), a Florida based reseller of Knightscope technologies. TS&L purchased 40 K1 Blue Light Towers earlier this month to support its growing emergency communications business.

South Florida university places order with Knightscope. (Photo: Business Wire)

South Florida university places order with Knightscope. (Photo: Business Wire)

The K1 Blue Light Emergency Phone is a compact version of the familiar blue light towers seen in parking lots and campuses across the United States. Ideal for areas with limited space, this full-featured emergency phone offers one-touch connectivity and a high-visibility blue strobe in places tower designs may not fit.

ORANGE COUNTY CONVENTION CENTER (OCCC) MEDIA DAY

In other Florida news, OCCC – the first convention center to deploy Knightscope’s Autonomous Security Robot (ASR) – announced a media day to introduce everyone to the latest innovative addition to the OCCC Security team. It will play a vital role in ensuring the safety of OCCC guests by increasing the scope of surveillance on the Center’s campus.

The OCCC partnered with Sand Lake Elementary School to conduct a naming contest for the Center’s new autonomous security robot. Thanks to the creativity of third-grade student Melodie Arroyo, the robot will be known as “BBot.” Sand Lake Elementary School’s winning third grader and her class will be in attendance.

The OCCC Security team will showcase a demonstration model of the robot at the OCCC on Friday, March 24, 2023, from 11:00am to 12:30pm ET at the Orange County Convention Center West Concourse, 9800 International Dr, Orlando, FL 32819.

Parking passes and map will be provided by OCCC upon request. For more information about the Orange County Convention Center, visit www.occc.net.

Public safety and security professionals wanting to learn more about Knightscope’s blue light emergency communication systems and autonomous security robots are encouraged to book a Discovery Call today.

About Knightscope

Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. Knightscope’s long-term ambition is to make the United States of America the safest country in the world. Learn more about the Company at www.knightscope.com. Follow Knightscope on Facebook, Twitter, LinkedIn and Instagram.

About TS&L

Transportation Solutions & Lighting's mission is to provide the highest level of quality and service to our customers in a sustainable and environmentally beneficial way. We pride ourselves with best-in-class products available through our successful partnerships with reputable manufactures. Our service and products come with 100% guaranteed complete satisfaction. Contact Transportation Solutions and Lighting, Inc. today for a free consultation.

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 include, but are not limited to, statements about the Company’s path to profitability, the Company’s targeted annualized revenue run rate, the Company’s plans for top-line growth, the Company’s ability to deliver on its backlog of new orders, the benefits of the Company’s planned streamlining of its operations and rightsizing of its combined workforce and the Company’s ability to achieve improved margins. 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, 2021. 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.

Public Relations:

Stacy Stephens

Knightscope, Inc.

(650) 924-1025

OCCC Media Contact:

Emily Eades

Orange County Convention Center Public Relations/Information Officer

(407) 685-5995 Office

(407) 274-8297 Mobile

Emily.Eades@occc.net

Corporate Communications:

IBN (InvestorBrandNetwork)

Los Angeles, California

www.InvestorBrandNetwork.com

(310) 299-1717 Office

Editor@InvestorBrandNetwork.com

Source: Knightscope, Inc.

FAQ

What recent orders has Knightscope (KSCP) received?

Knightscope announced an order from a university in southern Florida for three K1 Blue Light Emergency Phones.

What is the significance of the order placed by Transportation Solutions & Lighting for Knightscope?

Transportation Solutions & Lighting previously purchased 40 K1 Blue Light Towers, indicating strong market demand for Knightscope's emergency communication products.

When will Knightscope showcase its Autonomous Security Robot?

Knightscope will showcase its Autonomous Security Robot, named 'BBot,' at the Orange County Convention Center on March 24, 2023.

Knightscope, Inc.

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