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    The Car Park Selected for Knightscope Authorized Partner Program

    12/11/24 9:35:00 AM ET
    $KSCP
    Telecommunications Equipment
    Telecommunications
    Get the next $KSCP alert in real time by email

    National Parking Solutions Management Company Aims to Elevate Public Safety at Scale

    Knightscope, Inc. (NASDAQ:KSCP) ("Knightscope" or the "Company"), an innovator in robotics and artificial intelligence ("AI") technologies in public safety, has added The Car Park, a leader in innovative parking management solutions, to the Knightscope Authorized Partner ("KAP") reseller program. This collaboration will enable The Car Park to expand its portfolio, offering Knightscope's state-of-the-art Autonomous Security Robots ("ASRs") and Emergency Communication Devices ("ECDs") to clients across its extensive national network.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241211224050/en/

    National Parking Solutions Management Company Aims to Elevate Public Safety at Scale (Graphic: Business Wire)

    National Parking Solutions Management Company Aims to Elevate Public Safety at Scale (Graphic: Business Wire)

    The KAP program provides select resellers access to Knightscope's cutting-edge security solutions, empowering partners to integrate advanced robotics, artificial intelligence, and emergency communications into their service offerings. As a KAP, The Car Park will offer an expanded range of innovative tools to help clients improve public facilities, reduce costs, and enhance parker satisfaction at facilities.

    "The partnership with Knightscope aligns perfectly with our commitment to deliver tailored solutions customized to the evolving needs of our clients and customers," said Jeff Wolfe, CEO at The Car Park. "Knightscope's industry-leading technologies will provide a greater level of innovation to our clients and customers, further solidifying our position as a leader in parking management."

    Knightscope's portfolio includes different models of Autonomous Security Robots, such as the K5 and K1 Hemisphere, which are designed to patrol and monitor environments like parking facilities, corporate campuses, and retail centers. These robots provide advanced capabilities such as 4K video recording and streaming, license plate recognition, and automated incident reporting.

    Additionally, The Car Park can offer Knightscope's complete line of K1 Blue Light Towers and Blue Light E-Phones that feature voice connectivity, broadcast alerts, and illumination capabilities. These ECDs enable first responders and other professionals to better serve communities with the recently announced Verizon Frontline, the advanced network and technology for first responders.

    "We are thrilled to welcome The Car Park into the Knightscope Authorized Partner Program," said Knightscope chairman and CEO, William Santana Li. "Their expertise in parking management and commitment to innovation make them an ideal partner to expand the adoption and utilization of our technologies across a broad spectrum of end users for the advancement of public safety."

    For more information about The Car Park and its expanded technology offerings, visit www.thecarpark.com. To learn more about Knightscope and its innovative solutions, visit www.knightscope.com.

    About Knightscope

    Knightscope builds cutting-edge technologies to improve public safety, and 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.

    About The Car Park

    The Car Park is a premier provider of parking management solutions, offering customized services to the unique needs of property owners, municipalities, and parkers everywhere. The Car Park drives revenue and operational efficiency across parking facilities nationwide, with a focus on transparency, innovation, and customer satisfaction. For more information, visit www.thecarpark.com

    Forward-Looking Statements

    This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. 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 the Company's goals, profitability, growth, prospects, reduction of expenses, and outlook. 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, including the factors discussed under the heading "Risk Factors" in Knightscope's Annual Report on Form 10-K for the year ended December 31, 2023, as updated by its other filings with the Securities and Exchange Commission. 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.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241211224050/en/

    Get the next $KSCP alert in real time by email

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