This presentation 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 company's business plans, the anticipated impact of the COVID-19 pandemic, international expansion, expectations regarding future sales and expenses, our ability to capitalize on market opportunities, the ability to achieve near and long-term growth and profitability objectives, anticipated timing and volume of customer contract renewals, and revenue and GAAP profitability guidance for full year 2021. Words such as "expect," "anticipate," "should," "believe," "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "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 company's ability to successfully negotiate and execute contracts with new and existing customers in a timely manner, if at all, the company's ability to address the business and other impacts and uncertainties associated with the
COVID-19 pandemic, maintain and increase sales; 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 company's ability to maintain and expand coverage of existing public safety customer accounts and further penetrate the public safety market; the company's ability to sell its solutions into international and other new markets; the lengthy sales cycle for the company's solutions; changes in federal funding available to support local law enforcement; the company's ability to deploy and deliver its solutions; and the company's ability to maintain and enhance its brand, as well as other risk factors included in the company's most recent annual report on quarterly report on Form 10-Q and other SEC filings. These forward-looking statements are made as of the date of this press release and are based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Except as required by law, the company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.
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PURPOSE
The ShotSpotter Difference
Earn the trust of law enforcement to help them provide equal protection for all and strengthen the police-community relationship, ultimately improving public safety.
Integrated SaaS Platform for 21st Century Policing
- Respond - Investigate - Connect
$0.5 Billion International TAM
Strong Customer Loyalty/Economics
30+% CAGR (Historical) with Approximately 60% Gross Margins
Wide and Deep Barriers to Entry
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PROBLEM
The Public Safety Gap
Local police departments challenged to serve and protect in a transparent fashion without over-policing and underserving while…
>80% of gunfire
Gut-based patrolling
Siloed, unstructured
incidents are never
leads to missed
investigative data
reported
opportunities
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Disclaimer
Shotspotter Inc. published this content on 18 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 May 2021 07:38:02 UTC.
SoundThinking, Inc. is a public safety technology company that delivers artificial intelligence (AI) and data-driven solutions for law enforcement, civic leadership and security professionals. The Companyâs SafetySmart platform includes ShotSpotter, the acoustic gunshot detection system; CrimeTracer, a law enforcement search engine; CaseBuilder, an investigation management system; ResourceRouter, software that directs patrol and community anti-violence resources to help maximize their impact; and SafePointe, an AI-based weapons detection system. ShotSpotter, its acoustic gunshot detection technology serves cities and municipalities seeking to identify, locate and deter persistent, localized gun violence by incorporating a real-time gunshot detection system into their policing systems. CrimeTracer is a law enforcement search engine and information platform that enables law enforcement to search data from agencies across the United States using natural language speech terms and concepts.