Knightscope Announces Acquisition of CASE Emergency Systems [Knightscope]( Knightscope Announces Acquisition of CASE Emergency Systems Public Safety Innovator Continues Market Expansion with Growth Accelerator MOUNTAIN VIEW, Calif., October 11, 2022 – [Knightscope, Inc. (Nasdaq: KSCP) ("Knightscope" or the "Company"),]( a leading developer of autonomous security robots, today announced the signing of a definitive agreement to acquire CASE Emergency Systems ("CASE") and to close on the transaction during October. The acquisition is planned to boost the company's revenues while increasing its positive impact on the safety of communities nationwide. [CASE]( is a leader in blue light emergency phones and an innovator in next generation wireless emergency communications technology, providing Knightscope with a strategic entry into a nationwide market. Audited full year results reflect CASE generated over $5.4 million of profitable revenue in 2021. The accretive transaction provides a significant increase in physical presence to Knightscope with over 7,000 devices currently deployed across the United States, 9 production and logistics facilities spread throughout California, Texas and New York, and a seasoned team located across 4 states. The acquisition is planned to contribute to Knightscope's sales strategy, given CASE's relationships with numerous key clients, including major airports, top law enforcement agencies, universities, municipalities, rail, healthcare, parks, and the U.S. Federal Government. These relationships will compliment and strengthen Knightscope's growing autonomous security robot business with a comprehensive product portfolio and broadened physical footprint. The Knightscope management team intends to grow the Company organically as well as add to its core solutions portfolio through future, opportunistic acquisitions based on a target's revenue, free cash flow, technology, talent, and facilities. The CASE transaction is structured as an asset purchase. In connection with the acquisition, Knightscope entered into a convertible notes offering with an accredited investor, generating cash proceeds to fund a majority of the acquisition, with such notes having an initial conversion price of $5.00 per share, subject to adjustment in the case of certain dilutive issuances and other events. Further details regarding the acquisition and the convertible notes are included in a Current Report on Form 8-K filed with the SEC. As part of the transaction, Sebastian E. Gutierrez, founder, president and CEO of CASE, is joining Knightscope as Sr. Vice President of Public Safety Infrastructure Development. "In order to achieve our long-term mission of making the United States of America the safest country in the world, we must drive a massive upgrade to our Nation's public safety infrastructure. Knightscope intends to do that by leveraging our current and future technologies in a major overhaul and expansion effort nationwide working closely with our clients – building on what CASE has built. We welcome the CASE team to the Knightscope family, and together we will accelerate our journey to a safer, brighter future with innovative technologies and comprehensive public safety solutions," said William Santana Li, chairman and chief executive officer of Knightscope, Inc. "CASE is excited to team up with Knightscope, and we see a great deal of synergies from revenue generation to new technology development to economies-of-scale. We look forward to putting our expertise in public safety, wireless communications, solar, and operations to work in pursuit of our shared mission," said Sebastian E Gutierrez, president and chief executive officer, CASE Emergency Systems. [Knightscope]( Knightscope Town Hall
Knightscope's CEO, Willliam Santana Li, will be a hosting a 60-minute virtual webinar regarding today's acquisition announcement of CASE Emergency Systems. Registration is required to attend. Format: [Online Webinar](
Date: Wed 12 Oct 2022
Time: 5pm PDT | 8pm EDT
RSVP: Click [here]( to RSVP About Knightscope
Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. Knightscope's long-term ambition is to make the United States of America the safest country in the world. Learn more about the Company at [www.knightscope.com](. Follow Knightscope on [Facebook]( [Twitter]( [LinkedIn]( and [Instagram.]( About CASE Emergency Systems
Since 2008, CASE Emergency Systems has been providing peace of mind through leading-edge communications and safety technologies. Its mission from the beginning has been simple: To develop and maintain innovative and reliable products for educational campuses, office parks, transportation authorities, public safety industries, and the thousands of people they serve. In doing so, its goal is to build long-term relationships that further people's safety in all the places they live, work, play, and visit by ensuring that access to help is right at their fingertips. Learn more at [www.CASEemergencysystems.com](. Forward-Looking Statements
This press release may contain "forward-looking statements" about Knightscope's future expectations, plans, outlook, projections and prospects, including statements regarding the closing and related benefits of the acquisition of CASE. 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. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. 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, 2021. 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. Public Relations:
Stacy Dean Stephens
Knightscope, Inc.
(650) 924-1025 Corporate Communications:
IBN (InvestorBrandNetwork)
Los Angeles, California
[www.InvestorBrandNetwork.com](
310.299.1717 Office
[Editor@InvestorBrandNetwork.com]( --------------------------------------------------------------- IMPORTANT NOTICE AND DISCLAIMER
This is a paid ADVERTISEMENT from Knightscope, Inc.. Investing Media Solutions, LLC ("IMS") is being paid, by the issuer, $100,000.00 in cash to publish this press release. IMS and the owner of this website (the "Website"), cannot guarantee the accuracy or completeness of the information contained in any article, email, newsletter, or other publication posted on or viewed in connection with this website (the "Publications"). The author or authors of those Publications are solely responsible for their contents. IMS has not done any research or due diligence into the markets, industries, or companies which may appear or be mentioned in the Publications. IMS will NOT be liable for any loss or damage caused by a reader's reliance on information posted on the Website or contained in the Publications. FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY; NOT INVESTMENT ADVICE.
This Website and the Publications are for educational and informational purposes only. This Website and the Publications do not purport to be a complete analysis of any company's financial position. This Website, the Publications or any statements made in the Publications are not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular individual. This Website or the statements made in the Publications should NOT be relied upon for purposes of transacting in any securities posted on the Website or mentioned in the Publications, nor should they be construed as a personalized recommendation to you to buy, sell, or hold any position in any security posted on this Website or mentioned in any Publications. SUBSTANTIAL RISK IN INVESTMENT.
Any individual who chooses to invest in any securities including those mentioned in the Publications should do so with caution. Investing or transacting in securities involves substantial risk; you may lose some, all, or possibly more than your original investment. Readers bear responsibility for their own investment research and decisions and should review all investment decisions with a licensed or registered investment professional. NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER
Neither IMS nor any of its respective owners or employees are registered or licensed as a securities broker-dealer, broker, an investment advisor, or an investment advisor representative with the U.S. Securities and Exchange Commission (SEC), any state securities regulatory authority, or any self-regulatory organization. Please use the link below to immediately unsubscribe from this communication. Never invest in a security or idea featured on our site or in our emails unless you can afford to lose your entire investment. We are not registered investment advisors or brokers/dealers and we do not purport to be. We make no representations, warranties or guarantees as to the accuracy or completeness of the content featured on our site or in our emails. Furthermore, the article authors and contributors featured on this site may own securities mentioned in their articles and not disclose this information. Also note that this email may be an ad from one of advertising partners. As such, please note that we make no representations, warranties or guarantees as to the accuracy or completeness of the content within. Everest Interactive Solutions LLC
119 W 72nd Street
New York NY 10023
USA [UNSUBSCRIBE](