Memphis Hotel Deploys 5th Generation K5 ASR

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 a new deployment of its 5th Generation K5 Autonomous Security Robot ("ASR") at an historic luxury hotel in Memphis, TN. Knightscope provides a safer lodging experience for guests, staff and visitors as outlined in a recent blog where the Company makes recommendations for combatting crimes challenging the hotel industry.

Knightscope’s ASR will patrol the parking areas of the hotel, alerting personnel to certain threats and allowing them to respond quickly when assistance is needed. Security in hospitality encompasses a hotel’s building and grounds as well as its guests, employees, visitors and day users. Operators and administrators must follow an integrated approach when adding ASRs, observing all aspects of security to ensure the optimal combination of organizational, technical and physical measures to prevent and respond in a timely manner to any dangerous situation.

In addition to its security duties, the K5 ASR will also provide a unique, highly visible, branded guest experience as it welcomes visitors coming and going from the property. Custom broadcast messages greet passersby and alert those seeking to do harm or commit crimes that the property is monitored by the most sophisticated security technology available.

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To learn more about Knightscope’s 5^th Generation K5, the Company’s NEW Automated Gunshot Detection, Blue Light Emergency Communication Systems and other Autonomous Security Robots – 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 executive transitions and the timing thereof, and the Company’s goals, 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, uncertainties and other important factors that could cause actual results to differ materially from such forward-looking statements. These risks and uncertainties include, among other things, the risk that executive transitions may have greater costs than anticipated; that executive transitions 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; that executive transitions may negatively impact the Company’s business operations and reputation with or ability to serve customers; or that executive transitions 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.