FALL RIVER AND SHOTSPOTTER MOVING FORWARD WITH GUNFIRE DETECTION TECHNOLOGY
Police Chief Dupere Taking Steps to Seek Funding
NEWARK, Calif. and FALL RIVER, Mass. – December 6, 2017 – ShotSpotter – (NASDAQ: SSTI), the global leader in gunfire detection and location technology, and the Fall River Police Department today announced that they are moving forward with the ShotSpotter deployment. Fall River, Mass. Police Chief Albert F. Dupere has committed to seek funding for the renewal of the ShotSpotter contract, while ShotSpotter continues to work with the police department to maximize the effectiveness of the solution for the Fall River Police Department.
ShotSpotter provides real-time alerts to law enforcement of detected gunfire so that they can arrive at the precise location of a shooting event safely and quickly. With the speed of response, officers can be on the scene to aid victims, interview witnesses, and collect forensic evidence. This improves the overall effectiveness of an agency in identifying and apprehending shooters and taking illegal guns off the streets.
“The safety of our citizens is my primary concern,” said Jasiel F. Correia II, Mayor of Fall River. “As long as ShotSpotter is an asset to the Fall River Police Department, I will continue to support it.”
“We are pleased with the response from ShotSpotter to our concerns,” said Fall River Police Chief Albert F. Dupere. “We will continue to work with them on this project and seek to include continued service in our next budget.”
“Helping our customer cities get the most out of ShotSpotter while fighting illegal urban gun crime is a top priority for us,” said Ralph A. Clark, CEO of ShotSpotter. “We are proud of the partnership we have maintained with Fall River since 2012 and are committed to helping them maximize the value of our technology. ShotSpotter helps speed up law enforcement response time, aid in evidence collecting and when used with best practices, has proven to improve community relations.”
About ShotSpotter, Inc.
ShotSpotter is the global leader in gunfire detection and location technology. ShotSpotter's solutions help law enforcement officials and security personnel identify, locate and deter gun violence. ShotSpotter is based in Newark, California and offers its solutions on a SaaS-based subscription model to customers around the world, with current customers located in the United States, Puerto Rico, the U.S. Virgin Islands and South Africa.
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements regarding the planned expansion and timing of covered miles. These forward-looking statements are made as of the date of this press release and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as “expect,” “anticipate,” “should,” “believe,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “plan,” “could,” “intend,” variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the company’s control. The company’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the availability of funding for the company’s customers to purchase the company’s solutions; the complexity, expense and time associated with contracting with government entities; the lengthy sales cycle for the company’s solutions; changes in federal funding available to support local law enforcement; and the company’s ability to deploy and deliver its solutions. Additional factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the company’s filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10-Q for the quarter ended June 30, 2017, under the caption “Risk Factors.” ShotSpotter assumes no obligation to update any forward-looking statements contained herein to reflect any change in expectations, even as new information becomes available.
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