ITS America Webinar Showcases How Lidar-Based Solutions Can Increase Pedestrian Safety

(BUSINESS WIRE)-- Velodyne Lidar, Inc. (Nasdaq: VLDR) today announced it is joining forces with the Intelligent Transportation Society of America (ITS America) to produce a webinar that will explore how lidar technology can drive intelligent mobility in smart city applications. Velodyne and ITS America are working together to advance progress in autonomous vehicles and smart city solutions with the goal of saving lives, improving mobility and promoting sustainability.

The free webinar, called “A Lidar-Based Approach to Pedestrian Safety,” takes place on November 12, 2020 at 2:00 p.m. EST. To register, please go to the webinar website here.

Between 2009 and 2018, pedestrian fatalities increased by 53% according to the Insurance Institute for Highway Safety. The National Highway Traffic Safety Administration (NHTSA) reports that more than 6,000 pedestrians are killed every year in traffic-related crashes.

To address these problems, lidar-based technologies are being implemented across industries, including for autonomous vehicles, advanced driver assistance and intelligent infrastructure. The webinar panel will discuss how lidar-equipped solutions are being deployed with the goal of saving lives.

The panel is moderated by Amy Ford, Vice President, Policy Programs and Mobility on Demand at ITS America. Webinar panelists are:

• Nikhil Naikal – Vice President of Software Engineering, Velodyne Lidar

• Asad Lesani – CEO, Blue City Technology

• Olivier Le Cornec – CTO, NAVYA

“Lidar-based smart city and automated vehicle safety solutions can help save lives, improve mobility and promote sustainability. The panel discussion will share insights on how companies and government organizations are using lidar sensors to enable a new generation of intelligent infrastructure and deployment of autonomous vehicles,” said Ford.

“Webinar attendees can hear from the expert panel how Velodyne’s sensors are used today to advance pedestrian and vehicle safety on the roadways, and improve mobility and efficiency in our communities,” said Sally Frykman, Chief Communications Officer, Velodyne Lidar.

About Velodyne Lidar

Velodyne Lidar (NASDAQ: VLDR) ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors. Velodyne is the first public pure-play lidar company and is known worldwide for its broad portfolio of breakthrough lidar technologies. Velodyne’s revolutionary sensor and software solutions provide flexibility, quality and performance to meet the needs of a wide range of industries, including autonomous vehicles, advanced driver assistance systems (ADAS), robotics, unmanned aerial vehicles (UAV), smart cities and security. Through continuous innovation, Velodyne strives to transform lives and communities by advancing safer mobility for all. For more information, visit www.velodynelidar.com.

Forward Looking Statements

This press release contains "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 including, without limitation, all statements other than historical fact and include, without limitation, statements regarding Velodyne’s target markets, new products, development efforts, competition. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Velodyne's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include Velodyne's ability to manage growth; Velodyne's ability to execute its business plan; uncertainties related to the ability of Velodyne's customers to commercialize their products and the ultimate market acceptance of these products; the uncertain impact of the COVID-19 pandemic on Velodyne's and its customers' businesses; uncertainties related to Velodyne's estimates of the size of the markets for its products; the rate and degree of market acceptance of Velodyne's products; the success of other competing lidar and sensor-related products and services that exist or may become available; Velodyne's ability to identify and integrate acquisitions; uncertainties related to Velodyne's current litigation and potential litigation involving Velodyne or the validity or enforceability of Velodyne's intellectual property; and general economic and market conditions impacting demand for Velodyne's products and services. Velodyne undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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