(BUSINESS
WIRE) -- Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today
announced it is partnering for the third year with Mothers Against Drunk
Driving (MADD) on a public education initiative, focusing on the safety
benefits of autonomous vehicle technology. The Velodyne and MADD
partnership includes educational programs, awareness campaigns and
co-sponsored events to continue to build public acceptance of autonomous
technology with the goal of reducing and eventually eliminating
impaired driving collisions.
To celebrate the third-year
together, Natasha Thomas, MNM, Executive Director, MADD Northern
California, will be the featured guest on a Velodyne Lidar LIVE! episode
on August 20 at 10 a.m. PDT. During the webinar, Thomas will address
the role of autonomous vehicle technology in moving towards the goal of
zero deaths caused by drunk driving.
Since its founding, MADD has
helped reduce the number of drunk driving deaths by half while serving
nearly one million victims of this violent, preventable crime. Yet drunk
driving continues to claim more than 10,000 lives every year,
accounting for more deaths on the nation’s roads than any other cause.
Fully autonomous vehicle technology has the potential to help prevent
impaired driving and reduce collisions on roadways.
“For almost
41 years, MADD has worked to change behaviors and attitudes toward drunk
driving, with a great deal of success. But we have learned that
technology is essential to getting us to our goal of zero deaths caused
by drunk driving,” said MADD National President Alex Otte. “Autonomous
vehicle technology holds the incredible promise of helping us eliminate
drunk driving. That’s why we are so excited to partner with Velodyne.”
“Velodyne
and MADD share a commitment to advancing safety on our roadways,” said
Sally Frykman, Chief Marketing Officer, Velodyne Lidar. “We believe that
autonomous vehicles are an essential part of making our roadways safer,
especially against drunk drivers. As a proud sponsor of MADD, together,
we are working to educate the public on the safety benefits of
autonomous vehicles so the technology realizes its full potential.”
About Velodyne Lidar
Velodyne
Lidar (Nasdaq: VLDR, VLDRW) ushered in a new era of autonomous
technology with the invention of real-time surround view lidar sensors.
Velodyne, the global leader in lidar, is known 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.
About Mothers Against Drunk Driving
Founded
in 1980 by a mother whose daughter was killed by a drunk driver,
Mothers Against Drunk Driving® (MADD) is the nation’s largest nonprofit
working to end drunk driving, help fight drugged driving, support the
victims of these violent crimes and prevent underage drinking. MADD has
helped to save more than 400,000 lives, reduce drunk driving deaths by
more than 50 percent and promote designating a non-drinking driver.
MADD’s Campaign to Eliminate Drunk Driving® calls for law enforcement
support, ignition interlocks for all offenders and advanced vehicle
technology. MADD has provided supportive services to nearly one million
drunk and drugged driving victims and survivors at no charge through
local victim advocates and the 24-Hour Victim Help Line 1-877-MADD-HELP.
Visit http://www.madd.org or call 1-877-ASK-MADD.
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," “can,” "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 uncertainties regarding government
regulation and adoption of lidar, the uncertain impact of the COVID-19
pandemic on Velodyne's and its customers' businesses; 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 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; 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.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210622005138/en/
Contacts
Velodyne Investor Relations
InvestorRelations@velodyne.com
Media
Codeword
Liv Allen
velodyne@codeword.com
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