ShotSpotter Selected by AlwaysOn as a AO100 Private Company Award Winner
Mountain View, CA - July 12, 2006 - ShotSpotter Inc., the leading developer of gunshot location systems and technology for public safety and the military, today announced that it has been chosen by AlwaysOn as one of the Top 100 Private Company award winners. ShotSpotter was handpicked by the AlwaysOn editorial panel based on a set of five criteria - technology innovation, market potential, customer adoption, media buzz and investor value creation.
ShotSpotter and the AO100 will be honored as part of the AO2006: Stanford Summit, July 25-27, at the Frances C. Arrillaga Alumni Center on the Stanford University campus in Palo Alto, California. It will bring together successful entrepreneurs, business and political thought leaders, and top venture capitalists to spot trends and spark new ideas and initiatives.
The AO100 was selected from over 1,000 companies, peer-nominated by leading venture capitalists, investment bankers and industry analysts. The AO100 consists of private companies at all stages of development, from early to late stage.
ShotSpotter's flagship product, which detects gunfire across large urban areas using a small number of inexpensive and easy-to-deploy sensors, currently protects the residents of more than a dozen cities nationwide. With technology covered by granted and pending US patents, the company's solutions have produced arrests and weapons confiscations nationwide and has helped reduce gunfire and crime rates in cities that deploy it.
"The AO100 companies are driving the next wave of innovative technologies that are disrupting the old guard and shaping the new media landscape," said Tony Perkins, founder of AlwaysOn. "As ever, we were inundated with nominations from leading companies, and it's heartening to know that tomorrow's thought leaders and technology visionaries are already out there. My congratulations to each AO100 winner - these are the companies which we predict will have the greatest market traction, strongest innovation and most game-changing approaches this year."
"Our focus is on helping communities rapidly and accurately respond to illegal gunfire and thereby removing dangerous weapons increasing community safety, so it is a great honor to have been singled out for such an important award," said James G. Beldock, CEO of ShotSpotter. "We believe this recognition is particularly gratifying as it acknowledges both our solutions and our thought leadership."
A full list of all the AO100 companies can be found on the AlwaysOn website at: http://stanfordsummit.goingon.com/permalink/post/866.
About AlwaysOn
ALWAYSON, LLC, is a privately held and virtually headquartered company born out of the heart of Silicon Valley.
ShotSpotter, Inc. provides wireless and wired gunshot detection and location systems to public safety organizations and the military. All ShotSpotter solutions use the same core ShotSpotter GLS technologies which filter out the echoes that cripple competitive systems when they are deployed in urban environments. Utilizing ShotSpotter's patented technologies, the system can be set to filter in or out "non-threat" events (such as firecrackers, car backfires, etc.).
For more information, please contact
Gregg Rowland
Senior VP, Sales and Marketing
ShotSpotter, Inc.
Toll Free +1 (888) 274-6877 x219
Direct +1 (562) 650-2673
gregg@shotspotter.com