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Knightscope Selects Clovis School for Safer Schools Initiative

December 4, 2018

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Dec 4, 2018--Knightscope, Inc., a developer of advanced physical security technologies focused on enhancing U.S. security operations, today announced that it is has taken a major step in its commitment to help better secure schools across the country by selecting Clovis Unified School District in California as its beta testing location for a suite of new technologies under development. The Company had prior announced this effort earlier this year (press release here ) when it solicited students to get involved and submit essays on how Knightscope’s fully autonomous security robots could help in a school setting.

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Knightscope Autonomous Security Robots Envisioned to Operate At Clovis North High school as part of Safer Schools Initiative (Photo: Business Wire)

“With over 100,000 schools in the country, we need to develop a new set of tools and technologies as a critical part of our long-term mission to better secure the United States of America,” said William Santana Li, chairman and chief executive officer, Knightscope, Inc. “Being able to utilize a real-world environment to test, sample, and iterate on new capabilities while inspiring students to pursue STEM careers is certainly a winning combination,” continued Li.

“As a teacher of thirty years, my philosophy has always been to be proactive instead of reactive, and the idea of security robots monitoring a school is definitely a proactive approach to school safety. Knightscope’s robots will provide the authoritative presence needed on a school campus and provide actual intelligence by filling in the blind spots with their ‘eyes and ears,’” said Clifford A. Nitschke, Jr., AP United States Government and Politics Instructor, Clovis North High School. Mr. Nitschke’s class submitted the winning proposal to Knightscope. “We are honored to be chosen by Knightscope and to be given the opportunity to pilot a new and exciting technology in the field of school safety.”

The Clovis United Unified School District Governing Board is scheduled to meet on January 16, 2019 to formally accept the beta testing program by Knightscope. The meeting is planned to occur at 6:30pm at the Clovis Unified Professional Development Building, 1680 David E Cook Way, Clovis, CA 93611. Assuming an approval by the Board, the parties will determine implementation timing thereafter.

To learn how Knightscope’s technologies can better secure your school or commercial property, or for information on how to invest in Knightscope by purchasing shares in the Company’s Series S Preferred Stock offering, please visit  www.knightscope.com.

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About Knightscope

Knightscope is an advanced security technology company based in Silicon Valley and builds the ultimate in security guards. Our security robots deter, detect and report…autonomously. Our 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

Knightscope is a private company and its stock is not freely tradable. The Company does file certain periodic reports with the SEC under Regulation A of the Securities Act of 1933, which are available on the EDGAR website and which provide additional information about the Company, including its financial statements. These filings may be found  here.

Legal Disclaimer

www.knightscope.com  is operated by Knightscope, Inc. Any Investment opportunities are “private placements”, are subject to long hold periods, are illiquid investments and investors must be able to afford the loss of their entire principal. Offers to buy or sell any security can only be made through official offering and subscription documents that contain important information about risks, fees and expenses. You should conduct your own due diligence including consultation with a financial advisor, attorney, accountant, or other professional that can help you to understand the risks associated with the investment opportunity. Security transactions are administered by WealthForge Securities, LLC, a registered broker/dealer and member FINRA | SIPC. Knightscope and WealthForge Securities, LLC are not affiliated.

Forward-Looking Statements

This release may contain forward-looking statements regarding projected business performance, operating results, financial condition and other aspects of the company, expressed by such language as “expected,” “anticipated,” “projected” and “forecasted.” These statements also include estimates of the pace of customer adoption of the Company’s products, engineering developments and prototype capabilities. Please be advised that such statements are estimates only and there is no assurance that the results stated or implied by forward-looking statements will actually be realized by the company. Forward-looking statements may be based on management assumptions that prove to be wrong. The Company’s predictions may not be realized for a variety of reasons, including due to competition, customer sales cycles, and engineering or technical issues, among others. The Company and its business are subject to substantial risks and potential events beyond its control that would cause material differences between predicted results and actual results, including the company incurring operating losses and experiencing unexpected material adverse events.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181204005806/en/

Stacy Dean Stephens, (650) 924-1025

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: EDUCATION PRIMARY/SECONDARY TECHNOLOGY DATA MANAGEMENT HARDWARE SECURITY

SOURCE: Knightscope, Inc.

Copyright Business Wire 2018.

PUB: 12/04/2018 12:00 PM/DISC: 12/04/2018 12:01 PM

http://www.businesswire.com/news/home/20181204005806/en

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