Knightscope Growth in Healthcare and Higher Education Continues

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 two new sales, one in healthcare and the other in higher education. These sales represent 4 additional emergency communication devices and related services in two rapidly growing market segments.

A private university in California is adding 2 K1 Blue Light Towers with a full service maintenance program to its existing emergency phone system, expanding access to critical services across a total of 15 devices on campus. Knightscope's K1 Blue Light Towers and Blue Light Emergency Phones provide a very noticeable and recognizable fixed location to access dependable communications away from buildings, when a cellphone battery dies, or there is simply no service available. They are fully wireless and don't require digging or trenching when installed. At the push of a button, a student, guest or teacher may call security for immediate assistance in the event of an emergency.

Paramount Security Partners, a Knightscope Authorized Partner (“KAP”), sold 2 solar-powered K1 Blue Light E-Phones to a well-known teaching hospital and biomedical research facility located in New Jersey. The hospital is one of the largest healthcare providers in the region with over 1.2 million outpatient visits annually and over 7,000 employees. Following Knightscope’s recommendations for securing medical facilities, clients have been deploying the Company’s technologies to keep healthcare workers and patients safe and to prevent minor issues from becoming major issues.

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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.