SSTI Shotspotter

SoundThinking Delivers Comprehensive Report to Oakland Officials Highlighting ShotSpotter's Critical Role in Public Safety

SoundThinking Delivers Comprehensive Report to Oakland Officials Highlighting ShotSpotter's Critical Role in Public Safety

Summary: SoundThinking, Inc. today announced the delivery of a detailed report to Oakland city officials, demonstrating how OPD’s use of ShotSpotter has made an impact on public safety since 2006, including lives saved, reduced gun violence, enhanced evidence collection, and substantial cost savings.

FREMONT, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: SSTI), a leading public safety technology company, today delivered a 30-page report to Oakland city officials detailing the crucial role of the Oakland Police Department’s (OPD) use of ShotSpotter in the city's public safety strategy. The report comes as the Oakland City Council's Public Safety Committee prepares to discuss the potential renewal of the ShotSpotter contract.

SoundThinking's report, based on data from the OPD and independent studies, found that since its deployment in Oakland in 2006, ShotSpotter has:

  • Directed OPD to 386 gunshot victims from 2020 to 2023 who did not have a corresponding 911 call within 15 minutes or 1,000 feet of the location, potentially saving numerous lives.
  • Enhanced faster and more comprehensive police response to criminal gunfire incidents, crucial as less than 10% of such incidents are reported via 911.
  • Supported major crime-fighting initiatives like Operation Ceasefire with accurate gunfire data for effective resource deployment and strategic violence reduction efforts.
  • Demonstrated cost-effectiveness and ROI: every life is immeasurable, but the National Institute for Criminal Justice Reform (NICJR) estimates the cost savings of preventing each fatal shooting to be $3.2 million. This compares very favorably to the roughly $800,000 annual investment in ShotSpotter in Oakland.

The report addresses and refutes several claims made against ShotSpotter, providing evidence of its effectiveness in reducing response times, improving evidence collection, and its impact on arrest outcomes. It highlights ShotSpotter's high accuracy rate of 97%, which exceeds its contractual commitment of 90%, and its acceptance as reliable evidence in over 340 court cases across 24 states.

“SoundThinking and Oakland have worked hand-in-hand since 2006 to combat gun violence, a partnership that has helped yield significant results in public safety,” said SoundThinking CEO Ralph Clark. “This report shows how ShotSpotter has helped empower Oakland's police to respond rapidly to gunfire, save lives, and gather crucial evidence. We remain committed to Oakland, continuing our shared mission of addressing the scourge of gun violence and keeping Oaklanders safe.”

The report also includes strong support for ShotSpotter from Oakland's business leaders, residents, and city officials, including Mayor Sheng Thao and Chief of Police Floyd Mitchell. Notable companies in Oakland such as Blue Shield of California, The Clorox Company, Kaiser Permanente, and Pacific Gas & Electric have expressed their “vehement” opposition to cutting ShotSpotter funding.

Read the formal response .

To learn more about SoundThinking’s full range of public safety technologies, please visit .

About SoundThinking

SoundThinking, Inc. (Nasdaq: SSTI) is a leading public safety technology company that delivers AI- and data-driven solutions for law enforcement, civic leadership, and security professionals. SoundThinking is trusted by approximately 250 customers and has worked with over 2,100 agencies to drive more efficient, effective, and equitable public safety outcomes. The company’s SafetySmart™ platform includes ShotSpotter®, the leading acoustic gunshot detection system; CrimeTracer™, the leading law enforcement search engine; CaseBuilder™, a one-stop investigation management system; ResourceRouter™, software that directs patrol and community anti-violence resources to help maximize their impact; SafePointe®, an AI-based weapons detection system; and PlateRanger powered by Rekor, a leading ALPR solution. SoundThinking has been designated a Great Place to Work® Company.

Company Contact:

Jerome Filip, PR & Marketing Specialist

SoundThinking, Inc.

+1 (510) 203-0934

 

Investor Relations Contacts:

Matt Glover and Greg Bradbury

Gateway Group, Inc.

+1 (949) 574-3860

Ankit Hira and Sean Daly

Solebury Strategic Communications

+1 (203) 546-0444



EN
08/10/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Shotspotter

 PRESS RELEASE

SoundThinking Reports Third Quarter 2024 Financial Results

SoundThinking Reports Third Quarter 2024 Financial Results Revenues Increased 10% to $26.3 Million, Driven by New and Existing Customer Growth Company Reaffirms FY 2024 Revenue Guidance Range of $104.0 Million to $106.0 Million, Representing 13% Year-Over-Year Growth at the Midpoint, and FY 2024 Adjusted EBITDA Margin Guidance Range of 18% to 20% Company Introduces FY 2025 Revenue Guidance Range of $107.0 Million to $109.0 Million, Representing 3% Year-Over-Year Growth at the Midpoint, and FY 2025 Adjusted EBITDA Margin Guidance Range of 19% to 21% FREMONT, Calif., Nov. 12, 2024 ...

 PRESS RELEASE

SoundThinking to Announce Third Quarter 2024 Conference Call for Tuesd...

SoundThinking to Announce Third Quarter 2024 Conference Call for Tuesday, November 12, 2024 at 4:30 p.m. ET and Participate in Upcoming Investor Conferences FREMONT, Calif., Oct. 22, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: SSTI), a leading public safety technology company, today announced the date for the release of its third quarter 2024 earnings and its participation in upcoming investor conferences. Third Quarter 2024 Earnings Date SoundThinking will hold a conference call on Tuesday, November 12, 2024 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial res...

 PRESS RELEASE

SoundThinking Expands ShotSpotter Coverage in Montevideo, Uruguay, Dou...

SoundThinking Expands ShotSpotter Coverage in Montevideo, Uruguay, Doubling Deployment Footprint Summary: SoundThinking, Inc. today announced a 3-year agreement with the Ministry of Interior of Uruguay to double ShotSpotter’s coverage in Montevideo, expanding its gunshot detection system coverage by an additional 12 square kilometers. BOSTON, Oct. 21, 2024 (GLOBE NEWSWIRE) -- IACP – (Nasdaq: SSTI), a leading public safety technology provider, today announced a major expansion of its ShotSpotter gunshot detection system in Montevideo, Uruguay. The Ministry of Interior for the Oriental Re...

 PRESS RELEASE

SoundThinking Delivers Comprehensive Report to Oakland Officials Highl...

SoundThinking Delivers Comprehensive Report to Oakland Officials Highlighting ShotSpotter's Critical Role in Public Safety Summary: SoundThinking, Inc. today announced the delivery of a detailed report to Oakland city officials, demonstrating how OPD’s use of ShotSpotter has made an impact on public safety since 2006, including lives saved, reduced gun violence, enhanced evidence collection, and substantial cost savings. FREMONT, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: SSTI), a leading public safety technology company, today delivered a 30-page report to Oakland city official...

 PRESS RELEASE

Next Generation of SafePointe Weapons Detection System Now Available

Next Generation of SafePointe Weapons Detection System Now Available Summary: SoundThinking today announced the next generation of SafePointe, its advanced weapons detection solution, featuring new AI-driven software and advanced hardware to improve threat detection in high-traffic areas. FREMONT, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: SSTI), a leading public safety technology company, today announced the availability of the next generation of SafePointe®, which is a major upgrade of its advanced weapons detection system. This release features AI-driven software and pow...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch