About ShotSpotter, Inc.ShotSpotter is the leader in gunshot detection solutions that help law enforcement officials and security personnel identify, locate and deter gun violence. ShotSpotter offers its solutions on a SaaS-based subscription model. ShotSpotter is based in Newark, California. Company Contact:Alan Stewart, CFOShotSpotter, Inc.+1 (510) 794-3100 firstname.lastname@example.org Investor Relations Contact:Matt GloverLiolios Group, Inc.+1 (949) 574-3860 SSTI@liolios.com Media Contact:Liz EinbinderShotSpotter, Inc.+1 (415) 577-8255 leinbinder@shotSpotter.com
NEWARK, Calif., Nov. 15, 2017 (GLOBE NEWSWIRE) -- ShotSpotter, Inc. (NASDAQ:SSTI), the leader in gunshot detection solutions that help law enforcement officials and security personnel identify, locate and deter gun violence, today announced that William J. Bratton has joined its Board of Directors as a Class I director. The addition of Bratton increases the Board to seven members. Mr. Bratton is currently Senior Managing Director of Teneo Holdings, a global CEO advisory firm, and Executive Chairman of its Teneo Risk division. Mr. Bratton also serves as the Vice Chairman for the Secretary of Homeland Security's Advisory Council. Mr. Bratton has over 40 years of experience in law enforcement, including as Chief of the Los Angeles Police Department and Commissioner of the New York City and Boston Police Departments. Mr. Bratton previously served as a member of ShotSpotter's Board of Directors, from April 2013 until December 2013, when he resigned in order to serve his second appointment as Commissioner of the New York City Police Department. Ralph Clark, President and CEO of ShotSpotter, said "Bill and I both believe that reducing and preventing gun violence begins with actionable data that allows for precise, directed law enforcement interventions and improved community engagement. Bill's experience will be extremely valuable to ShotSpotter as we seek to expand our leadership in gunshot detection solutions domestically and expand our footprint internationally." "Many of today's law enforcement agencies, even in the biggest cities, are struggling to combat rising gun violence with limited resources," said Bill Bratton. "ShotSpotter's ability to accurately alert where and when gunfire occurs helps to direct those limited resources to those hotspots. I am pleased to join the Board of Directors and help reduce gun violence around the world." Safe Harbor Statement 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 company's ability to expand its business domestically and internationally. 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 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 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 including the company's most recent 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 were 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.