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Evolv Technology and Columbia Tech Announce Expanded Partnership
– Columbia Tech Named Authorized Distributor of Evolv Express® – WALTHAM & WESTBOROUGH, Mass.--(BUSINESS WIRE)-- Evolv Technology (NASDAQ: EVLV), the leader
About this update from Evolv Technologies Holdings, Inc.
[{"type":"text","content":"\n– Columbia Tech Named Authorized Distributor of Evolv Express® –\n\n\n WALTHAM & WESTBOROUGH, Mass.--(BUSINESS WIRE)--\nEvolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, and Columbia Tech, a wholly-owned subsidiary of Coghlin Companies Inc. and provider of world-class capital equipment engineering and manufacturing services, today announced that Columbia Tech has become an authorized distributor of Evolv Express.\n\n\nUnder the terms of the expanded partnership, Evolv Technology customers that prefer to purchase the hardware component of Evolv Express can do so by placing an order with one of Evolv Technology’s approved reseller partners which in turn will place a hardware order for Evolv Express directly with Columbia Tech under a separate reseller agreement. Concurrently, the approved reseller partner will place a second order with Evolv Technology for a long-term software subscription contract (generally four years) which will power the newly purchased Evolv Express. The complete order – the hardware element and the embedded AI-enabled software – will be distributed by Columbia Tech.\n\n\n“We are delighted to announce our expanded partnership with Columbia Tech,” said Peter George, President and Chief Executive Officer of Evolv Technology. “Columbia Tech has been our trusted contract manufacturer for every one of the more than 3,000 Evolv Express units that are now providing enhanced security to customers across education, healthcare, professional sports, industrial workplaces and tourist attractions. Today’s announcement is an important expansion of our strong relationship and is designed to make it even easier for our customers to procure and deploy Evolv Express to improve their security posture, improve their visitors’ experience, and reduce security labor costs.”\n\n\n“We are pleased to extend and deepen our relationship with Evolv Technology,” said Chris Coghlin, President and Chief Executive Officer of Coghlin Companies. “We have been working with Evolv Technology for nearly seven years and have seen the company grow from an idea to a critical part of any venue’s layered security approach. We believe today’s announcement is an important development for our customers, partners and employees. We are proud to be part of Evolv Technology’s next stage of growth.”\n\n\nEvolv Expr...