Press Releases https://www-origin.phunware.com/category/press-releases/ Engage Anyone Anywhere Mon, 04 Dec 2023 19:13:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 Phunware Appoints Jeremy Kidd as Senior Vice President of Sales and Marketing https://www-origin.phunware.com/phunware-appoints-jeremy-kidd/ Thu, 30 Nov 2023 17:38:18 +0000 http://127.0.0.1/press-releases/phunware-appoints-mike-snavely-as-chief-revenue-officer-copy/ Phunware announced that Jeremy Kidd has been hired as its Senior Vice President of Sales and Marketing, effective November 22, 2023.

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AUSTIN, Texas, Nov. 29, 2023 (GLOBE NEWSWIRE) — Phunware, Inc. (NASDAQ: PHUN) (the “Company”), the pioneer of patented Location Based SaaS solutions that offer the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere, announced today that Jeremy Kidd has been hired as its Senior Vice President of Sales and Marketing, effective November 22, 2023.

Jeremy comes to Phunware with over two decades of sales leadership in mobile applications, AI, and augmented and virtual reality. Jeremy was previously VP of Sales for Phunware and in that role was responsible for some of the largest contracts in Company history, including FOX, CBS, and WWE among others. More recently, Jeremy served as VP of Strategy and Business Development at Sonic Foundry, Sr. Practice Director at KUNGFU.AI, and CEO, Co-Founder of Banjo Digital.

“We are delighted to welcome Jeremy back to Phunware, where he led the development of our most sizable line of business during that period,” said Phunware CEO Mike Snavely. “As I mentioned on the earnings call, we are bringing some of the old band back together from the days when we had $25MM in recurring revenue and Jeremy was a cornerstone of that team. He’s an example of the kind of talent improvements we will continue to make as we execute on Phunware 3.0.”

“Additionally, we continue to make encouraging progress toward our vision by continuing to grow and execute against the $8MM pipeline in hospitality, healthcare and connected workplace. We have already hit the ground running and expect to announce material new wins as they develop.”

Click here to learn more about Phunware’s leadership.

Safe Harbor Clause and Forward-Looking Statements

This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the Securities and Exchange Commission (SEC), including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.

By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), is the pioneer of Multiscreen-as-a-Service (MaaS), an award-winning, fully integrated enterprise cloud platform for mobile that provides companies the products, solutions, data and services necessary to engage, manage and monetize their mobile application portfolios and audiences globally at scale. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com, https://phunwallet.com, https://phuncoin.com, https://phuntoken.com, and follow @phunware, @phuncoin and @phuntoken on all social media platforms.

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VHC Health Signs Multi-Year Renewal of Digital Front Door Application with Phunware https://www-origin.phunware.com/vhc-health-signs-multi-year-renewal-of-digital-front-door-application-with-phunware/ Tue, 17 Oct 2023 14:18:03 +0000 http://127.0.0.1/?p=42463 Phunware announced today that Mike Snavely has been hired as the Company’s Chief Revenue Officer, effective September 12, 2023.

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AUSTIN, Texas, October 17, 2023 (GLOBE NEWSWIRE) — Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, has announced a five-year contract renewal to license its digital front door and patented location-based services to VHC Health.

“The adoption of a native, mobile-centric digital front door signifies the forefront of innovation that healthcare providers must embrace to revolutionize their approach to patient care. We are pleased that VHC Health’s leadership has reaffirmed their partnership with Phunware, acknowledging its critical role in delivering an exceptional patient experience,” said Cody Wimbish, Phunware VP of Program Management & Customer Success.

Key features of Phunware’s Digital Front Door include:

  • Mobile Application: Native iOS and Android applications optimized for healthcare that can take advantage of core device capabilities that make experiences more secure, intuitive, and personalized.
  • Wayfinding: Easily navigate VHC Health’s main campus with real-time instructions.
  • MyChart integration which allows patients to view in real-time information on their vital signs, laboratory results, medical procedures, and medications.
  • MyChart video visit functionality to leverage the patient’s phone camera to conduct virtual appointments.
  • Save parking location with a photo and leave a detailed note.
  • Physician and Services Directories: Access directories, which include contact information and tap-to-call buttons.

“The renewal of our partnership with Phunware is an exciting step forward in our commitment to delivering a comprehensive suite of services through a unified mobile app for the VHC community. Beyond simplifying patient interactions, such as scheduling appointments and accessing remote telehealth services and provider messaging, this innovative wayfinding technology is a transformative solution that empowers patients to easily navigate the VHC campus,” said Mike Mistretta, Senior Vice President and Chief Information Officer of VHC Health.

Click here to learn more about how Phunware facilitates digital transformation in healthcare by enabling a digital front door for any hospital or health system.

Safe Harbor Clause and Forward-Looking Statements

This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the Securities and Exchange Commission (SEC), including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.

By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

About VHC Health

VHC Health provides exceptional medical services as the region’s community health system. Virginia Hospital Center was recently designated a 2021 Top Teaching Hospital by The Leapfrog Group. In 2022, the Hospital was selected for an 11th consecutive Healthgrades Outstanding Patient Experience Award™ and a 20th consecutive ‘A’ grade from The Leapfrog Group. Virginia Hospital Center is a 453-bed not-for-profit teaching facility and designated as a Magnet® hospital by the American Nurses Credentialing Center. VHC Health is a proud member of the Mayo Clinic Care Network – a national network of independent healthcare organizations.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

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Phunware Appoints Mike Snavely as Chief Revenue Officer https://www-origin.phunware.com/phunware-appoints-mike-snavely-as-chief-revenue-officer/ Fri, 08 Sep 2023 17:18:03 +0000 http://127.0.0.1/press-releases/phunware-september-2022-financial-conference-schedule-2-copy/ Phunware announced today that Mike Snavely has been hired as the Company’s Chief Revenue Officer, effective September 12, 2023.

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AUSTIN, Texas, September 8, 2023 (GLOBE NEWSWIRE) — Phunware, Inc. (NASDAQ: PHUN) (the “Company”), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, announced today that Mike Snavely has been hired as the Company’s Chief Revenue Officer, effective September 12, 2023.

“I am delighted to rejoin Phunware, bringing my experience in SaaS, enterprise software, and channel development at this stage of the Company’s journey,” said Mike Snavely, Chief Revenue Officer of Phunware. “I look forward to working with the phenomenal people at Phunware to help the market reimagine how they engage their customers using our industry-leading, patented Location Services coupled with our hyperlocal mobile engagement platform.”

Mike most recently served as the General Manager of Vidable® AI in Madison, Wisconsin. Prior to joining Vidable®, Mike held several revenue leadership and strategic business development roles in technology companies in Austin, Texas and San Mateo, California, including Mutual Mobile, Phunware, and Tile. Mike holds a BA from the College of Wooster in Wooster, Ohio and a J.D. from The Ohio State University. He is licensed (inactive) as an attorney at law in the State of Ohio.

“Phunware is poised to accelerate the adoption of our Location Based Services Platform into our core markets and Mike brings exactly the skills and experience to help us reach more customers directly and through channel partners,” said Russ Buyse, Chief Executive Officer of Phunware. “His expertise in enterprise, mobile, and customer experience will help us expand the reach of our Platform to improve guest and patient experiences across hospitality, healthcare, and beyond.”

Click here to learn more about Phunware’s leadership.

Safe Harbor Clause and Forward-Looking Statements

This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the Securities and Exchange Commission (SEC), including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.

By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), is the pioneer of Multiscreen-as-a-Service (MaaS), an award-winning, fully integrated enterprise cloud platform for mobile that provides companies the products, solutions, data and services necessary to engage, manage and monetize their mobile application portfolios and audiences globally at scale. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com, https://phunwallet.com, https://phuncoin.com, https://phuntoken.com, and follow @phunware, @phuncoin and @phuntoken on all social media platforms.

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Phunware Sets Fall 2023 Conference Schedule https://www-origin.phunware.com/phunware-fall-2023-conference-schedule/ Thu, 07 Sep 2023 17:41:44 +0000 http://127.0.0.1/?p=42231 Phunware is scheduled to participate at the following financial and industry-related events during Fall 2023

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AUSTIN, Texas, September 7, 2023 (GLOBE NEWSWIRE) — Phunware, Inc. (NASDAQ: PHUN) (the “Company”), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere, is scheduled to participate at the following financial and industry-related events during Fall 2023:

H.C. Wainwright 25th Annual Global Investment Conference
Presenting virtually on Monday, September 11, 2023 at 7:00 AM Eastern Time
Virtually holding one-on-one meetings throughout the conference
Executives: CEO Russ Buyse and CFO Troy Reisner
Presentation Webcast

Gateway Group Hosted Non-Deal Roadshow
Virtually participating throughout September 2023
Executives: CEO Russ Buyse and CFO Troy Reisner

Titan Partners Non-Deal Roadshow
Virtually participating September 19-20, 2023
Executives: CEO Russ Buyse and CFO Troy Reisner

Millennium Alliance Healthcare Providers Transformation Conference
Participating in-person on September 19-20, 2023
Holding in-person one-on-one meetings throughout the conference
Executive: COO Randall Crowder
Location: The JW Marriott, Miami, Florida

ROTH MKM 12th Annual New York Technology Conference
Participating in-person on November 15, 2023
Holding in-person one-on-one and small group meetings throughout the conference
Executives: CEO Russ Buyse and CFO Troy Reisner
Location: The Yale Club of New York City

To receive additional information or to schedule a one-on-one meeting, please email PHUN@gateway-grp.com.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

The post Phunware Sets Fall 2023 Conference Schedule appeared first on Phunware.

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Phunware Announces Purchase Agreement for up to $30 Million with Lincoln Park Capital Fund https://www-origin.phunware.com/phunware-announces-purchase-agreement-30-million-lincoln-park-capital-fund/ Wed, 30 Aug 2023 16:39:45 +0000 http://127.0.0.1/press-releases/phunware-partners-with-mkt-consulting-to-digitally-transform-resident-experience-at-new-luxury-high-rise-in-houston-copy/ Phunware today announced it has has entered into a purchase agreement for a committed equity facility with Lincoln Park Capital Fund, LLC.

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The Agreement Provides Phunware the Right, But Not the Obligation, to Sell Stock to Lincoln Park Over A 24-Month Period at the Company’s Sole Discretion

Austin, Texas [August 24, 2023] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (the “Company”), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere, has entered into a purchase agreement for a committed equity facility with Lincoln Park Capital Fund, LLC (“LPC”), a Chicago-based institutional investor.

Russ Buyse, Chief Executive Officer of Phunware, commented, “We are excited about the future of the Company, and this financing agreement provides us the flexibility to further commercialize our industry-leading platform, while giving us the best chance to limit dilution before realizing important strategic milestones that we believe will maximize shareholder value.”

Under the purchase agreement, Phunware will have the right, but not the obligation, to sell up to $30.0 million of its common stock to LPC over a 24-month period subject to the terms and conditions of the agreement. Phunware will control the timing and amount of any sales to LPC with no upper limits to the price LPC may pay to purchase such common stock. The purchase agreement may be terminated by Phunware at any time, in its sole discretion, without any additional cost or penalty.

“This agreement allows us to be opportunistic with our capital strategy, and our shelf registration statement provides the potential for additional financing alternatives as we consider what’s best for shareholders,” stated Troy Reisner, Phunware’s Chief Financial Officer. “Given the ongoing market uncertainty, we believe this kind of optionality is critical and we are excited to enter into this agreement with Lincoln Park Capital as part of Phunware’s long-term growth strategy.”

A description of the purchase agreement is set forth in the Company’s Current Report on Form 8-K, which the Company filed with the SEC on Wednesday, August 23, 2023.

Safe Harbor Clause and Forward-Looking Statements

This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the Securities and Exchange Commission (SEC), including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.

By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

The post Phunware Announces Purchase Agreement for up to $30 Million with Lincoln Park Capital Fund appeared first on Phunware.

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Phunware Partners With MKT Consulting to Digitally Transform Resident Experience at New Luxury High-Rise in Houston https://www-origin.phunware.com/phunware-partners-with-mkt-consulting-to-digitally-transform-resident-experience-at-new-luxury-high-rise-in-houston/ Wed, 02 Aug 2023 16:41:17 +0000 http://127.0.0.1/press-releases/phunware-sets-second-quarter-2023-earnings-call-for-thursday-august-10-2023-at-430-p-m-et-copy/ Phunware today announced it has licensed its Multi-Dwelling Unit Solution to Parkside Residences at Discovery Green in partnership with MKT Consulting.

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Phunware’s Leading Mobile Offering Will Be Leveraged to Tech-Enable Elevated Lifestyle Experiences for Residents of 43-Story Luxury Residential Tower in Downtown Houston

Austin, Texas [August 2, 2023] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (“Phunware” or “the Company”), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere, today announced it has licensed its Multi-Dwelling Unit (MDU) Solution to Parkside Residences at Discovery Green, a 43-story residential tower in downtown Houston, Texas, in partnership with MKT Consulting.

The mobile application portfolio will empower residents of Parkside Residences at Discovery Green to easily manage every activity they do around the property from a single interface. In addition to booking amenities, other features of the app include requesting work orders and valet services, tracking deliveries, viewing property maps and receiving alerts, notifications and messages. The app will also include SALTO’s smart lock integration that will allow residents to manage door access without physical keys and to add visitor information and inform property management that residents are expecting a guest.

“Parkside Residences at Discovery Green is truly a luxury high-rise of the future and we are honored to be a part of the team that is making life easier for its residents,” said Randall Crowder, COO of Phunware. “Our mobile software acts as a friendly digital assistant and mobile concierge to help deliver on the promise of offering residents an elevated lifestyle.”

The 309-unit building offers a mix of studio, one-bedroom, two-bedroom and three-bedroom luxury apartment homes and is adjacent to Discovery Green, a 12-acre urban park. Residents have access to a desirable amenity collection, with a range of luxury and work-from-home features that can all be booked and managed through the Phunware platform.

App-Accessible Amenities include, but are not limited to:

  • Lounge and clubroom, complete with a catering kitchen and state-of-the-art fitness center.
  • Two guest suites to accommodate short-term residents’ guest stays.
  • Expansive work-from-home suite offering conference rooms and co-working and solo-working pods.
  • Multiple outdoor seating areas with grills and views overlooking nearby Discovery Green and the Houston CBD skyline.
  • The 43rd floor features 270-degree views and an impressive rooftop pool with indoor and outdoor lounges and a cantilevered observation deck.

“We are excited to deploy another Multi-Dwelling Unit Solution by Phunware, especially at this property where residents have the highest of standards and expectations when it comes to lifestyle amenities and day-to-day living experiences,” said Manny Thapar, Owner of MKT Consulting. “From experience, we know that Phunware’s tech-enabled ‘MDU’ experience will exceed resident expectations. It can streamline operations, automate communication between residents and staff and easily integrate any of the point solutions a property offers, including smart locks, lighting and more.”

Phunware’s Multi-Dwelling Unit Solution for Parkside Residences at Discovery Green is available on Apple iOS and Google Android.

Click here to learn more about how Phunware digitally transforms the luxury residential living experience by enabling a Multi-Dwelling Unit Solution on mobile.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), is the only fully integrated enterprise cloud platform for mobile that provides companies the products, solutions, data and services necessary to engage, manage and monetize their mobile application portfolios and audiences globally at scale. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

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Phunware Sets Second Quarter 2023 Earnings Call for Thursday, August 10, 2023 at 4:30 p.m. ET https://www-origin.phunware.com/phunware-sets-second-quarter-2023-earnings-call-for-thursday-august-10-2023-at-430-p-m-et/ Mon, 31 Jul 2023 16:04:51 +0000 http://127.0.0.1/press-releases/phunware-sets-first-quarter-2023-earnings-call-may-11-2023-copy/ Phunware will hold a conference call on August 10, 2023, at 4:30pm EST to discuss its financial results for the second 2023 quarter.

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Austin, Texas [July 31, 2023] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (“Phunware” or “the Company”), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere, will hold a conference call on Thursday, August 10, 2023, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2023. Financial results will be issued in a press release prior to the call.

Phunware management will host the conference call, followed by a question and answer period.

Date: Thursday, August 10, 2023
Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)
U.S. dial-in: 877-545-0320
International dial-in: 973-528-0002
Access Code: 875894

Please call the conference telephone number 10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Investor Relations at 949-574-3860.

The conference call will be broadcast live and available for replay here and via the investor relations section of the Company’s website at investors.phunware.com.

A telephonic replay of the conference call will be available after 7:30 p.m. Eastern time on the same day through Thursday, August 24, 2023.

Toll-free replay number: 877-481-4010
International replay number: 919-882-2331
Replay ID: 48843

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

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Phunware Files Lawsuit Against UBS Securities for Market Manipulation https://www-origin.phunware.com/phunware-files-lawsuit-against-ubs-securities-for-market-manipulation/ Tue, 25 Jul 2023 21:15:27 +0000 http://127.0.0.1/press-releases/phunware-announces-strategic-cost-saving-measures-to-accelerate-path-to-profitability-copy/ Today, Phunware filed a lawsuit against UBS Securities, LLC, alleging repeated manipulation of the company's stock over a two-year period.

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Austin, Texas [July 25, 2023] (ORIGINAL: ACCESSWIRE) – Today, Phunware, Inc. (NASDAQ: PHUN) filed a lawsuit against UBS Securities, LLC, one of the largest and most influential broker-dealers in the world, alleging repeated manipulation of the company’s stock over a two-year period.

Phunware is a publicly traded technology company and pioneer of Multiscreen-as-a-Service, a fully integrated enterprise cloud platform for mobile that provides companies the products, solutions, data, and services necessary to engage, manage and monetize their mobile application portfolios and audiences globally at scale.

The company alleges that UBS engaged in a deceptive market manipulation tactic known as spoofing, in which UBS placed huge quantities of sell orders to fool the market into devaluing the company’s stock so that it could then buy the company’s stock at a lower price. UBS then immediately cancelled the sell orders, so it could reap profits at the expense of Phunware and its investors.

“UBS deceptively engaged in stock spoofing, an abuse of our financial system, which had and continues to have lasting negative impacts on Phunware,” said Laura Posner, partner at Cohen Milstein Sellers & Toll PLLC. “We look forward to holding UBS accountable for the damage it has caused to the company, its shareholders and the markets at large.”

The spoofing episodes against UBS are alleged to have taken place repeatedly over a two-year stretch, sometimes multiple times a day. Phunware alleges that by repeatedly and brazenly manipulating the market through spoofing, UBS artificially and negatively impacted the price of Phunware’s stock in the market, causing Phunware to suffer significant losses when it sold over 34 million shares at manipulated and devalued prices.

Analysts consistently recommended Phunware to investors throughout this two-year period, with all four of the firms following PHUN assigning it “Buy” ratings at price targets that were typically over $2 and reached as high as $6 – levels considerably higher than the actual prices at which PHUN traded. This discrepancy persists to this day, with analysts’ current price targets exceeding PHUN’s share price by over 300%.

In the complaint, Phunware demonstrates through de-anonymized Nasdaq market information that UBS placed over 82 million Baiting Orders and purchased over 640,000 shares in over 1,000 executed orders at manipulated prices in the two-year period. UBS’s ratio of sell-side orders per spoofed executing purchase was more than 4 times that of non-spoofed executed purchases.

Phunware, Inc. is represented by national law firm Cohen Milstein Sellers & Toll PLLC.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

About Cohen Milstein Sellers & Toll

Cohen Milstein Sellers & Toll PLLC is recognized as one of the premier law firms in the country handling major, complex plaintiff-side litigation. With more than 100 attorneys, Cohen Milstein has offices in Washington, D.C.; Chicago, Ill.; New York, N.Y.; Palm Beach Gardens, Fla.; Philadelphia, Pa.; Boston, Mass.; Minneapolis, Minn.; and Raleigh, N.C. For additional information, visit www.cohenmilstein.com or call 202.408.4600.

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Phunware Announces Inducement Grant under Nasdaq Listing Rule 5635(c)(4) https://www-origin.phunware.com/phunware-announces-inducement-grant-nasdaq-listing-rule-5635/ Mon, 10 Jul 2023 16:17:12 +0000 http://127.0.0.1/press-releases/phunware-smart-hospitality-solution-thumper-pond-resort-copy/ Phunware announced that it made an inducement grant to Troy Reisner in connection with his employment as Phunware’s new CFO, effective June 2, 2023.

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Austin, Texas [July 7, 2023] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (the “Company”), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere, today announced that it made an inducement grant to Mr. Troy Reisner in connection with his employment as Phunware’s new Chief Financial Officer, effective June 2, 2023. Such grant was made under the Phunware, Inc. 2023 Inducement Plan, which was approved and adopted on June 30, 2023, by Phunware’s Board of Directors. The Board granted Mr. Reisner an aggregate of 600,000 restricted stock units under the Inducement Plan. The grant was included in Mr. Reisner’s employment agreement described in the Form 8-K filed by Phunware with the SEC on June 2, 2023.

The grant was approved by Phunware’s Compensation Committee on June 30, 2023, pursuant to a delegation by the Board and was issued as an equity grant pursuant to Nasdaq Listing Rule 5635(c)(4), as an inducement material to Mr. Reisner entering into employment with Phunware. The restricted stock units granted are subject to a vesting schedule commencing on June 2, 2023, with one-third of the restricted stock units vesting on the first anniversary of the commencement date, and the remaining amount vesting in equal annual installments thereafter, subject to Mr. Reisner’s continued employment.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

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Phunware to Launch Smart Hospitality Solution at Thumper Pond Resort https://www-origin.phunware.com/phunware-smart-hospitality-solution-thumper-pond-resort/ Thu, 06 Jul 2023 15:33:09 +0000 http://127.0.0.1/press-releases/phunware-to-exhibit-the-future-of-hospitality-tech-at-hitec-2023-toronto-copy/ Phunware announced today its Smart Hospitality Solution is being launched at Thumper Pond Resort, an oasis of relaxation and recreation.

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Austin, Texas [July 6, 2023] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (the “Company”), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere, announced today its Smart Hospitality Solution is being launched at Thumper Pond Resort.

Set in the heart of Minnesota, Thumper Pond Resort is an oasis of relaxation and recreation. With its championship golf course, luxurious spa, world-class dining and an invigorating indoor water park, Thumper Pond Resort offers an unrivaled blend of tranquility and exhilaration. Surrounded by over 200 acres of verdant woodland, the resort promises a captivating escape from the everyday, immersing guests in a world where the ambiance of natural beauty is complemented by top-tier amenities and a commitment to outstanding service.

“We are thrilled to bring our Smart Hospitality Solution to the prestigious Thumper Pond Resort in partnership with its innovative new owner who is committed to digital transformation,” said Russ Buyse, CEO of Phunware. “Our technology will help redefine the guest experience by offering a unique blend of personalized services and digital amenities that seamlessly integrate with and enhance the existing infrastructure across such a beautiful property.”

Key features of Phunware’s Smart Hospitality Solution include:

  • Mobile Application: Native iOS and Android applications optimized for hospitality that can take advantage of core device capabilities that make experiences more secure, intuitive and engaging.
  • Contextual Engagement: Guests can receive notifications based on their location and preferences, improving communication and enhancing the guest experience.
  • Location-Based Services: With these features, guests can easily find their way around the resort with indoor navigation, wayfinding and mapping.
  • Artificial Intelligence (AI) and Data Analytics: Using AI and machine learning, the platform collects, analyzes and makes recommendations based on data to provide insights that can improve services, personalize engagement and increase operational efficiency.

“Phunware’s Smart Hospitality Solution aligns perfectly with our commitment to providing guests with a superior and personalized experience,” said Jatin Patel, Owner of Thumper Pond Resort. “By embracing this advanced technology, we hope to create an unforgettable stay for our guests, offering them innovative and engaging services.”

Click here to learn more about Phunware’s Smart Hospitality Solution.

Safe Harbor Clause and Forward-Looking Statements

This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the Securities and Exchange Commission (SEC), including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.

By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

About Thumper Pond Resort

Featuring 78 spacious suites and 26 RV sites across more than 210 acres, Thumper Pond Resort is a premier choice in central Minnesota lakes country for family reunions, corporate retreats, golf outings and destination weddings. With a stunning golf course and enough activities onsite to keep everyone busy, the resort is a premier choice of Otter Tail County hotels for group and corporate travel. Thumper Pond Resort is located three hours northwest of the Twin Cities or ninety minutes southeast of Fargo.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

The post Phunware to Launch Smart Hospitality Solution at Thumper Pond Resort appeared first on Phunware.

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Phunware to Exhibit the Future of Hospitality Tech at HITEC 2023 in Toronto https://www-origin.phunware.com/phunware-to-exhibit-the-future-of-hospitality-tech-at-hitec-2023-toronto/ Thu, 22 Jun 2023 15:53:03 +0000 http://127.0.0.1/press-releases/phunware-launches-ai-enabled-mobile-engagement-copy/ Phunware announced it will be exhibiting at HITEC (Booth # 2444) from June 26-29 in the Metro Toronto Convention Centre Exhibit Hall.

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Austin, Texas [June 22, 2023] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, today announced it will be exhibiting at HITEC, the World’s Largest and Oldest Hospitality Technology Conference from June 26-29 in Toronto including on-site staff in the Metro Toronto Convention Centre Exhibit Hall (Booth # 2444).

The Hospitality Industry Technology Exposition and Conference (HITEC®) is an event with a unique combination of top-notch education together with the brightest minds and hottest technologies from across the globe to one place. Produced by Hospitality Financial and Technology Professionals (HFTP®), a global nonprofit hospitality association, the unparalleled event offers attendees essential education, access to top hospitality technology industry experts and the resources to find cost-effective ways to improve company bottom lines.

“Our goal is to provide guests with engaging and personalized experiences by offering them greater access to everything leading hotels have to offer through a mobile app,” said Randall Crowder, Chief Operations Officer of Phunware. “Phunware’s platform can increase revenue (RevPAR) and enhance lifetime value, while ensuring guests have access to the capabilities they care most about like contactless check-in, digital keys, amenity booking and mobile ordering.”

Phunware is delighted to announce an exclusive giveaway for an amazing trip to Atlantis Bahamas Resort. The winner of this giveaway will receive a roundtrip flight and 5 nights of accommodation for two people at Atlantis Paradise Island.

For more information and to enter the giveaway, please visit https://www.phunware.com/atlantis-bahamas-trip-giveaway-rules/.

Phunware’s sales team will be attending and demonstrating its technology to prospective customers and partners. To learn more about participation opportunities, sales demos, please contact Phunware’s sales team. For additional information on the event, visit https://www.hftp.org/hitec/. To register, visit here. To view the full HITEC program, visit here.

Safe Harbor Clause and Forward-Looking Statements

This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the Securities and Exchange Commission (SEC), including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.

By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), the pioneer of Location Based SaaS and offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize their anytime, anywhere users worldwide. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

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Phunware Launches AI-Enabled Mobile Engagement https://www-origin.phunware.com/phunware-launches-ai-enabled-mobile-engagement/ Tue, 20 Jun 2023 16:22:42 +0000 http://127.0.0.1/press-releases/phunware-cantor-fitzgerald-technology-conference-2023-copy/ Phunware announced today its mobile engagement solution is now powered by artificial intelligence (AI).

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Austin, Texas [June 20, 2023] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (the “Company”), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere, announced today its mobile engagement solution is now powered by artificial intelligence (AI).

The Company’s new AI-enabled mobile engagement solution leverages sophisticated machine learning algorithms and AI capabilities to deliver personalized, targeted marketing campaigns that are curated for specific users. Phunware’s platform ensures brands can identify, locate and engage the right consumer at the right time — now, AI will help ensure these consumers receive the right message.

“The world has evolved beyond ‘one-size-fits-all’ marketing approaches, but brands still struggle to speak to consumers as individuals because they lack a deep understanding of their unique behaviors, preferences and needs,” said Randall Crowder, COO of Phunware. “Our new AI-enabled mobile engagement solution is designed to provide that understanding, enabling these brands to more effectively engage their target audiences without the need for additional staff.”

Phunware’s AI-enabled mobile engagement solution analyzes large volumes of user data, including behavioral patterns to deliver personalized content based on in-app activity and location data. This level of personalization is intended to drive engagement, enhance the user experience and ultimately, increase conversion rates and brand loyalty.

Beyond its mobile engagement capabilities, Phunware’s platform also offers comprehensive analytics and reporting tools. These provide brands with critical insights into campaign performance, enabling them to continually refine their strategies and drive optimal results.

Click here to learn more about Phunware’s mobile engagement capabilities.

Safe Harbor Clause and Forward-Looking Statements

This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the Securities and Exchange Commission (SEC), including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.

By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), the pioneer of Location Based SaaS that offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

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Phunware to Attend the Cantor Fitzgerald Technology Conference on June 14, 2023 https://www-origin.phunware.com/phunware-cantor-fitzgerald-technology-conference-2023/ Mon, 12 Jun 2023 15:31:32 +0000 http://127.0.0.1/press-releases/phunware-announces-cfo-transition-copy/ Phunware will be attending and holding one-on-one meetings at the Cantor Fitzgerald Technology Conference on Wednesday, June 14, 2023.

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Austin, Texas [June 9, 2022] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (“Phunware” or the “Company”), the pioneer of Location Based SaaS and offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize their anytime, anywhere users worldwide, will be attending and holding one-on-one meetings at the Cantor Fitzgerald Technology Conference on Wednesday, June 14, 2023 at the Ease Hospitality event venue in New York, NY.

Cantor Fitzgerald’s Technology Conference will feature insightful panel discussions, fireside chats, and one-on-one meetings with leading companies and key opinion leaders in the Technology sector. Panel discussions and fireside chats will be moderated by the Cantor Tech Team.

For additional information or to schedule a one-on-one meeting with Phunware management, please contact Gateway Investor Relations at PHUN@Gateway-grp.com.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), the pioneer of Location Based SaaS and offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize their anytime, anywhere users worldwide. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

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Phunware Announces CFO Transition https://www-origin.phunware.com/phunware-announces-cfo-transition/ Mon, 05 Jun 2023 16:21:36 +0000 http://127.0.0.1/press-releases/first-quarter-2023-financial-results-copy/ Phunware announced the appointment of Troy Reisner as Chief Financial Officer (“CFO”), effective June 2, 2023.

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Austin, Texas [June 5, 2022] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (“Phunware” or the “Company”), the pioneer of Location Based SaaS and offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize their anytime, anywhere users worldwide, announced the appointment of Troy Reisner as Chief Financial Officer (“CFO”), effective June 2, 2023. Mr. Reisner will succeed Matt Aune and will become a member of the Company’s executive management team, reporting to Russ Buyse, the Company’s Chief Executive Officer. Matt Aune will fully transition into his role as an advisor and continue to support the Company through December 31, 2023.

Mr. Reisner is a seasoned executive with over 30 years of global financial and operational experience. Most recently, he served as CFO of Keystone Tower Systems where he managed the finance division for nearly four years. Prior to that, Mr. Reisner was a Partner at Deloitte & Touche for over 16 years where he strategically advised clients on different financing structures, provided counsel to Audit Committee members on corporate governance matters, worked closely with senior leaders to interpret and manage complex areas of accounting and SEC rules related to financial statement risk, and more. Mr. Reisner has a Bachelor of Science (B.S.) Accounting from Southern Illinois University Edwardsville.

“On behalf of Phunware, I’m delighted to welcome Troy as our new CFO,” said Mr. Buyse. “Troy brings a mix of strategic finance, deal-making, and operational experience that will power Phunware into the future. His ability to provide high-quality guidance and counsel, especially within the financial realm, will be extremely beneficial for our organization as we are looking to optimize costs and maximize our working capital. We look forward to benefiting from his insight as Phunware advances towards the next chapter of its corporate journey.”

“I am very excited to join the Phunware team as they are striving to take mobile engagement to the next level,” said Troy Reisner. “I look forward to working with Russ and each talented person at Phunware to help drive us forward for the benefit of our people, our shareholders and our customers.”

Mr. Buyse added: “I would also like to thank Matt for his decade-long service to the Company. He led our finance team through several phases of Phunware’s life, from its early custom development days to becoming a public company in 2018 to pivoting to our Location Based SaaS Platform and acquiring Lyte. Matt was a respected member of our executive team and will always be a friend to the company.”

Safe Harbor Clause and Forward-Looking Statements

This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the Securities and Exchange Commission (SEC), including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.

By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), the pioneer of Location Based SaaS and offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize their anytime, anywhere users worldwide. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

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Phunware Reports First Quarter 2023 Financial Results https://www-origin.phunware.com/first-quarter-2023-financial-results/ Fri, 12 May 2023 15:31:26 +0000 http://127.0.0.1/press-releases/third-quarter-2022-financial-results-copy/ Phunware announced financial results for its first quarter ended March 31, 2023.

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Austin, Texas [May 11, 2022] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (“Phunware” or the “Company”), the pioneer of Location Based SaaS and offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize their anytime, anywhere users worldwide, today announced financial results for the quarter ended March 31, 2023.

“This past quarter we expanded our breadth of reach and depth of engagement with major brands for our market-leading Location Based Platform,” said Russ Buyse, CEO of Phunware. “We are thrilled to add Siemens as a channel partner through their Siemens Connect Ecosystem. Partners like Siemens are a prime example of the types of relationships we intend to forge and will be a key accelerator for bookings on our Platform in 2023 and beyond. I’m also encouraged by the progress made by major brands moving deeper through our sales pipeline. At the same time, our product team made huge strides in realizing our vision for Contextual Engagement on our Platform. Phunware gives brands the tools and reach to enhance the consumer experience, increase customer satisfaction and provide a strong return on investment. Looking ahead, we intend to continue ramping our go-to-market efforts to capture as much market share as possible.”

First Quarter 2023 Financial Results

  • Net revenues for the quarter totaled $4.7 million
  • Platform revenues were $1.3 million
  • Hardware revenues were $3.4 million
  • Net loss was $(4.3) million
  • Net loss per share was $(0.04)
  • Non-GAAP Adjusted EBITDA loss was $(5.6) million

Recent Business Highlights

Conference Call Information

Phunware management will host a conference call today (May 11, 2023) at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss its financial results for the quarter ended March 31, 2023.

Interested parties may access the conference call by dialing 888-506-0062 in the United States, or 973-528-0011 from international locations with access code: 196075. The conference call will be broadcast live and available for replay here and via the investor relations section of the Company’s website at investors.phunware.com.

Safe Harbor Clause and Forward-Looking Statements

This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the Securities and Exchange Commission (the “SEC”), including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.

By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

Disclosure Information

Phunware uses and intends to continue to use its Investor Relations website as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Accordingly, investors should monitor the Company’s Investor Relations website, in addition to following the Company’s press releases, SEC filings, public conference calls, presentations and webcasts.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), the pioneer of Location Based SaaS and offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize their anytime, anywhere users worldwide. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

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Phunware to Present at the 18th Annual Needham Technology & Media Conference on May 16, 2023 https://www-origin.phunware.com/phunware-to-present-at-18th-annual-needham-conference-2023/ Tue, 02 May 2023 15:30:23 +0000 http://127.0.0.1/press-releases/phunware-sets-first-quarter-2023-earnings-call-may-11-2023-copy/ Phunware will be presenting and holding one-on-one meetings at the 18th Annual Needham Conference on May 16-17, 2023 in New York, NY.

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Austin, Texas [May 2, 2023] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (the “Company”), the pioneer of Location Based SaaS and offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize their anytime, anywhere users worldwide, will be presenting and holding one-on-one meetings at the 18th Annual Needham Technology & Media Conference on May 16-17, 2023 at the InterContinental Times Square Hotel in New York, NY.

Management will be presenting on Tuesday, May 16th, 2023 at 4:30-5:10 p.m. EST.

The 18th Annual Needham Technology & Media Conference will feature public and private company presentations, fireside chats, and thematic panels. This event consists of both in-person days and a virtual day. Meetings will be available for qualified institutional, private equity and venture capital investors throughout the week, based on company availability and investor interest.

For additional information or to schedule a one-on-one meeting with Phunware management, please contact Gateway Investor Relations at PHUN@gatewayir.com.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), the pioneer of Location Based SaaS and offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize their anytime, anywhere users worldwide. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

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Phunware Sets First Quarter 2023 Earnings Call for Thursday, May 11, 2023 at 4:30 p.m. ET https://www-origin.phunware.com/phunware-sets-first-quarter-2023-earnings-call-may-11-2023/ Thu, 27 Apr 2023 16:01:47 +0000 http://127.0.0.1/press-releases/phunware-receives-notice-of-allowance-for-united-states-patent-for-innovative-geofence-event-prediction-technology-copy/ Phunware will hold a conference call on May 11, 2023, at 4:30pm EST to discuss its financial results for the first 2023 quarter.

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Austin, Texas [April 27, 2023] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (“Phunware” or “the Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, will hold a conference call on Thursday, May 11, 2023, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2023. Financial results will be issued in a press release prior to the call.

Phunware management will host the conference call, followed by a question and answer period.

Date: Thursday, May 11, 2023
Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)
U.S. dial-in: 888-506-0062
International dial-in: 973-528-0011
Access Code: 196075

Please call the conference telephone number 10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Investor Relations at 949-574-3860.

The conference call will be broadcast live and available for replay here and via the investor relations section of the Company’s website at investors.phunware.com.

A telephonic replay of the conference call will be available after 7:30 p.m. Eastern time on the same day through Thursday, May 25, 2023.

Toll-free replay number: 877-481-4010
International replay number: 919-882-2331
Replay ID: 48229

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), the pioneer of Location Based SaaS and offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize their anytime, anywhere users worldwide. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

The post Phunware Sets First Quarter 2023 Earnings Call for Thursday, May 11, 2023 at 4:30 p.m. ET appeared first on Phunware.

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Phunware Receives Notice of Allowance for United States Patent for Innovative Geofence Event Prediction Technology https://www-origin.phunware.com/phunware-receives-notice-of-allowance-for-united-states-patent-for-innovative-geofence-event-prediction-technology/ Tue, 18 Apr 2023 16:01:09 +0000 http://127.0.0.1/press-releases/phunware-joins-siemens-connect-ecosystem-copy/ Today Phunware announced that the USPTO has issued a Notice of Allowance for the US patent titled Method and Apparatus for Geofence Event Predictions.

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Austin, Texas [April 18, 2023] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (the “Company”), the pioneer of Location Based SaaS and offerer of the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize their anytime, anywhere users worldwide, announced today that the United States Patent and Trademark Office (USPTO) has issued a Notice of Allowance for the Company’s US patent application 17/362,765 titled Method and Apparatus for Geofence Event Predictions. This capability will significantly enhance the capabilities of Phunware’s location-based services (LBS) and enable brands to deliver personalized, context-aware experiences to their users.

The patent covers a method for predicting geofence events by retrieving non-contemporaneous geofence predictor data of a mobile device, including past and future geographic data. By analyzing this data, along with geofence data of the mobile device, the system develops a future geofence event prediction, including a latitude, longitude, time and confidence level for the prediction.

This innovative technology allows businesses to better understand their users’ behavior patterns and preferences, ultimately improving the overall user experience. By detecting patterns in past geofence events and incorporating future engagement opportunities, Phunware’s geofence event prediction technology enables businesses to deliver highly targeted, timely and relevant content to users based on their anticipated location and activities.

“The allowance of this patent highlights our ongoing commitment to innovation and our dedication to providing proprietary mobile solutions to help any brand contextually engage any audience,” said Randall Crowder, COO of Phunware. “We believe this new technology will enable our clients to offer more personalized and engaging experiences that drive revenue, loyalty and satisfaction.”

Click here to learn more about Phunware’s portfolio of patents.

Safe Harbor Clause and Forward-Looking Statements

This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the Securities and Exchange Commission (SEC), including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.

By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), the pioneer of Location Based SaaS and offers the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize their anytime, anywhere users worldwide. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

The post Phunware Receives Notice of Allowance for United States Patent for Innovative Geofence Event Prediction Technology appeared first on Phunware.

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Phunware joins Siemens Connect Ecosystem https://www-origin.phunware.com/phunware-joins-siemens-connect-ecosystem/ Wed, 12 Apr 2023 15:41:37 +0000 http://127.0.0.1/press-releases/phunware-4q-and-full-year-2022-earnings-call-march-23-2023-copy/ Today Phunware announced that it has joined the Siemens Connect Ecosystem – a network that brings together experts in IT, cybersecurity, etc.

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Austin, Texas [April 12, 2023] (ORIGINAL: GLOBE NEWSWIRE) – Siemens and Phunware, Inc., a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, today announced that Phunware has joined the growing Siemens Connect Ecosystem – a network that brings together experts in software development, IT, cybersecurity, remote and digital services, and business intelligence.

“We are thrilled to collaborate with the Siemens Connect Ecosystem network to bring the power of our blue dot wayfinding technology to optimize smart buildings,” said Randall Crowder, Chief Operating Officer at Phunware. “Our Smart Workplace and Multi-Dwelling Unit solutions integrate seamlessly with the most advanced smart building ecosystems, and our partnership with Siemens represents a significant milestone in our vision to connect devices, enterprises, and people. We look forward to working closely with Siemens and other Connect Ecosystems network experts to deliver exceptional value to our customers as they continue their digital journey towards smarter buildings and infrastructure.”

The Siemens Ecosystem pulls together the tools, processes, training, and support necessary for third-party solution providers to successfully create solutions that integrate seamlessly with Siemens’ platforms, including its Building Management System Desigo CC, the APOGEE Automation System, and related platforms.

“As world events and the rapid evolution of technology are pushing the boundaries of smart buildings, a thriving partner ecosystem is extremely critical to innovate quickly, deliver value to customers, and enter new markets much faster,” said Rene Herrera, Head of Ecosystem and Development at Siemens Smart Infrastructure USA. “While it is extremely difficult for any one company to deliver a solution that solves customers’ specific challenges, our Siemens Connect partners and domain expertise across industries allow us to co-innovate at a pace that exceeds customer needs and expectations.”

Phunware’s Smart Workplace and Multi-Dwelling Unit solutions empower building facilities and tenants to easily manage everything they do around a property from a single sign-on interface. Phunware integrates seamlessly with Siemens Connect Ecosystem to provide tenants, guests, facilities managers and owners access to all of the features and capabilities of Phunware’s feature-rich mobile application platform such as blue dot wayfinding, contactless digital access, facilities management, building health and information, safety and security alerts, tracking deliveries, viewing property maps, asset tracking, geofence entry notifications and more. Phunware is reimagining how companies engage in a mobile-first world by making interactions contextual, personal and relevant. Smart Building automation and management control can happen in real-time, day or night, by integrating Phunware with Siemens Connect Ecosystems.

About the Siemens Connect Ecosystem

By 2025, there will be more than 40.6 billion connected devices in smart buildings, and the ability to quickly adapt and advance smart building operations is more critical than ever. The Siemens Connect Ecosystem brings together experts in software development, IT, cybersecurity, remote and digital services, and business intelligence in a searchable catalog of partner use case solutions and documentation. A thriving software ecosystem supports the digital transformation, helping our customers create places that are perfectly designed for their purpose and granting them the freedom to focus on the goals that drive their business forward. Learn more at usa.siemens.com/siemensconnect.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), is the only fully integrated enterprise cloud platform for mobile that provides companies the products, solutions, data and services necessary to engage, manage and monetize their mobile application portfolios and audiences globally at scale. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

About Siemens

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Siemens Smart Infrastructure (SI) is shaping the market for intelligent, adaptive infrastructure for today and the future. It addresses the pressing challenges of urbanization and climate change by connecting energy systems, buildings, and industries. SI provides customers with a comprehensive end-to-end portfolio from a single source – with products, systems, solutions, and services from point-of-power generation all the way to consumption. With an increasingly digitalized ecosystem, it helps customers thrive and communities progress while contributing toward protecting the planet. With around 70,000 employees worldwide, Siemens Smart Infrastructure has its global headquarters in Zug, Switzerland, and its U.S. corporate headquarters in Peachtree Corners, Georgia, USA. Learn more at usa.siemens/buildingtechnologies.

Siemens Corporation is a U.S. subsidiary of Siemens AG, a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose, adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a global leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power. In fiscal 2022, which ended on September 30, 2022, Siemens Group USA generated revenue of $18.6 billion and employs approximately 45,000 people serving customers in all 50 states and Puerto Rico. Learn more at usa.siemens.com.

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Phunware Reports Full Year 2022 Financial Results https://www-origin.phunware.com/full-year-2022-financial-results/ Thu, 23 Mar 2023 21:02:18 +0000 http://127.0.0.1/press-releases/full-year-2021-financial-results-copy/ Phunware announced preliminary financial results for the year ended December 31, 2022.

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Austin, Texas [March 23, 2023] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (“Phunware” or “the Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, today announced preliminary financial results for the year ended December 31, 2022.

“We are thrilled to see increased interest from our channel partners, who we believe will be a key catalyst of accelerated bookings of our core software solution in 2023,” said Russ Buyse, CEO of Phunware. “Our senior management team remains laser-focused on ramping up our MaaS offering through several essential verticals, with a key focus on hospitality and healthcare. Additionally, we plan to further expand our hardware business, which in the first full year under the Phunware umbrella, helped drive total revenue up 105% in 2022. Phunware helps brands enhance the consumer experience and we expect to further extend our footprint in industry segments where our products increase customer satisfaction and provide a strong ROI for our clients.”

Full Year 2022 Financial Results

  • Net Revenues for the year totaled $21.8 million
  • Platform Revenues were $6.5 million
  • Hardware Revenues were $15.3 million
  • Net Loss was $(50.9) million
  • Net Loss per share was $(0.51)
  • Non-GAAP Adjusted EBITDA Loss was $(23.5) million

Recent Business Highlights

Conference Call Information

Phunware management will host a conference call today (March 23, 2023) at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss its financial results for the year ended December 31, 2022.

Interested parties may access the conference call by dialing 888-506-0062 in the United States, or 973-528-0011 from international locations with access code: 446606. The conference call will be broadcast live and available for replay here and via the investor relations section of the Company’s website at investors.phunware.com.

Safe Harbor Clause and Forward-Looking Statements

This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the Securities and Exchange Commission (the “SEC”), including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.

By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

Disclosure Information

Phunware uses and intends to continue to use its Investor Relations website as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Accordingly, investors should monitor the Company’s Investor Relations website, in addition to following the Company’s press releases, SEC filings, public conference calls, presentations and webcasts.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), is the only fully integrated enterprise cloud platform for mobile that provides companies the products, solutions, data and services necessary to engage, manage and monetize their mobile application portfolios and audiences globally at scale. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

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Phunware Sets Fourth Quarter and Full Year 2022 Earnings Call for Thursday, March 23, 2023 at 4:30 p.m. ET https://www-origin.phunware.com/phunware-4q-and-full-year-2022-earnings-call-march-23-2023/ Mon, 13 Mar 2023 15:45:00 +0000 http://127.0.0.1/press-releases/phunware-2q-2022-earnings-call-august-11-2022-copy/ Phunware will hold a conference call on March 23, 2022, at 4:30pm EST to discuss its financial results for the fourth 2022 quarter and full year.

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Austin, Texas [March 13, 2023] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (“Phunware” or “the Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, will hold a conference call on Thursday, March 23, 2023, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2022. Financial results will be issued in a press release prior to the call.

Phunware management will host the conference call, followed by a question and answer period.

Date: Thursday, March 23, 2023
Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)
U.S. dial-in: 888-506-0062
International dial-in: 973-528-0011
Access Code: 446606

Please call the conference telephone number 10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Investor Relations at 949-574-3860.

The conference call will be broadcast live and available for replay here and via the investor relations section of the Company’s website at investors.phunware.com.

A telephonic replay of the conference call will be available after 8:00 p.m. Eastern time on the same day through Thursday, April 6, 2023.

Toll-free replay number: 877-481-4010
International replay number: 919-882-2331
Replay ID: 47840

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), is the pioneer of Multiscreen-as-a-Service (MaaS), an award-winning, fully integrated enterprise cloud platform for mobile that provides companies the products, solutions, data and services necessary to engage, manage and monetize their mobile application portfolios and audiences globally at scale. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

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Phunware Sets March 2023 Financial Events Schedule https://www-origin.phunware.com/phunware-march-2023-financial-conference-schedule/ Mon, 27 Feb 2023 15:44:24 +0000 http://127.0.0.1/press-releases/phunware-september-2022-financial-conference-schedule-copy/ Phunware is scheduled to participate at two financial events during March 2023.

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AUSTIN, Texas, Feb. 27, 2023 (GLOBE NEWSWIRE) — Phunware, Inc. (NASDAQ: PHUN) (“Phunware” or “the Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, is scheduled to participate at the following financial events during March 2023 at the following financial conferences in September 2022:

H.C. Wainwright Fireside Chat with Scott Buck
Participating on Wednesday, March 1, 2023 at 11:00 a.m. Eastern time
Executive: CEO Russ Buyse
Webcast

35th Annual Roth Conference
Fireside Chat with ROTH Senior Research Analyst, Darren Aftahi on Monday, March 13, 2023 at 11:00 a.m. Eastern time (one-on-one and small group meetings thereafter)
Executives: CEO Russ Buyse and CFO Matt Aune

To receive additional information or to schedule a one-on-one meeting, please email PHUN@gatewayir.com.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), is the pioneer of Multiscreen-as-a-Service (MaaS), an award-winning, fully integrated enterprise cloud platform for mobile that provides companies the products, solutions, data and services necessary to engage, manage and monetize their mobile application portfolios and audiences globally at scale. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

The post Phunware Sets March 2023 Financial Events Schedule appeared first on Phunware.

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Phunware Announces Contract Expansion with VHC Health https://www-origin.phunware.com/phunware-announces-contract-expansion-vhc-health/ Thu, 16 Feb 2023 16:38:08 +0000 http://127.0.0.1/press-releases/phunware-releases-experience-optimizer-mobile-applications-copy/ Phunware announced a contract expansion to extend its Location Based Services at VHC Health and integrate TIBA Parking Systems.

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Austin, Texas [February 16, 2023] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, announced today a contract expansion to extend its Location Based Services (LBS) to the 250,000 square foot Outpatient Pavilion at VHC Health and integrate TIBA Parking Systems with VHC Health’s mobile digital front door.

VHC Health provides exceptional medical services as our region’s community health system. In 2022, the Hospital was selected for an 11th consecutive Healthgrades Outstanding Patient Experience Award™ and a 21st consecutive ‘A’ grade from The Leapfrog Group. Virginia Hospital Center is a 453-bed not-for-profit teaching facility and designated as a Magnet® hospital by the American Nurses Credentialing Center. VHC Health earned the 2022 College of Healthcare Information Management Executives (CHIME) 2022 Digital Health Most Wired recognition as a certified level 9 and is a proud member of the Mayo Clinic Care Network – a national network of independent healthcare organizations.

“The leadership at VHC Health has embraced the importance of a mobile strategy in order to deliver an exceptional patient experience,” said Cody Wimbish, Phunware VP of Program Management & Customer Success. “Since we take a platform approach to tech-enabling the continuum of care, we are able to easily extend VHC Health’s capabilities as they grow and are thrilled to not only support their new Outpatient Pavilion, but also seamlessly integrate parking with their mobile application to help remove an additional layer of friction when patients are on-site.”

Phunware’s digital front door not only delivers feature-rich mobile solutions for healthcare providers, but also offers seamless integrations with third-parties such as Electronic Health Records (EHRs). This holistic approach eliminates the pain of having to manage dozens of point solutions while simultaneously offering staff, patients and visitors a far more cohesive and integrated healthcare experience. Capabilities include, but are not limited to:

  • Mobile engagement for contextual notifications, including appointment reminders
  • Real-time “blue dot” indoor positioning, including mapping, navigation and wayfinding
  • Beacon Maintenance to ensure optimal LBS performance
  • Epic MyChart integration with Face ID biometric login medical record access
  • Mobile bill pay
  • Staff directory
  • Analytics

Click here to learn more about how Phunware facilitates digital transformation in healthcare by enabling a digital front door for any hospital, clinic or medical organization.

Safe Harbor Clause and Forward-Looking Statements

This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the Securities and Exchange Commission (SEC), including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.

By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), is the pioneer of Multiscreen-as-a-Service (MaaS), an award-winning, fully integrated enterprise cloud platform for mobile that provides companies the products, solutions, data and services necessary to engage, manage and monetize their mobile application portfolios and audiences globally at scale. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

The post Phunware Announces Contract Expansion with VHC Health appeared first on Phunware.

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Phunware Releases Experience Optimizer for Mobile Applications https://www-origin.phunware.com/phunware-releases-experience-optimizer-mobile-applications/ Thu, 19 Jan 2023 15:51:18 +0000 http://127.0.0.1/press-releases/phunware-launch-smart-hospitality-solution-wailea-beach-resort-marriott-maui-copy/ Phunware announced that the Phunware Experience Optimizer is now available for customers to engage users based on location, persona or brand.

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Austin, Texas [January 19, 2023] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, announced today that the Phunware Experience Optimizer is now available for customers to contextually engage users based on location, persona or brand.

Wailea Beach Resort, the epitome of scenic luxury spanning 22 meticulously landscaped acres, is situated between two sandy beaches along Maui’s southern coastline with 547 residential-style rooms and suites. The resort underwent a $100 million renovation and boasts a 9,000+ square-foot spa, renowned Te Au Moana luau and dining options that range from the signature Humble Market Kitchin by Celebrity Chef Roy Yamaguchi to Mo’Bettah, a poolside food truck offering Hawaiian classics like tuna poke and fish tacos.

Phunware’s Experience Optimizer enables a single mobile application to autonomously deliver any number of experiences by seamlessly configuring and launching a unique JavaScript Object Notation (JSON) that contains specific information on layout, features, themes, content and maps. Although each experience is launched from a single mobile application, every experience will load and function like its own native mobile application.

“This technology is critical to scaling our target customers because it enables healthcare systems to optimize the patient experience for different hospital buildings just as easily as it can curate unique experiences across sub-brands for large hospitality companies without requiring the download or management of multiple mobile applications,” said Randall Crowder, COO of Phunware. “We also see a lot of potential for this technology to support not only a digital chamber of commerce for businesses in a Smarty City, but also politicians who could aggregate and coordinate their advocacy efforts by city, state or party.”

By leveraging Phunware’s Multiscreen-as-a-Service (“MaaS”) platform, the Phunware Experience Optimizer also gives customers the ability to extend the capabilities of their mobile applications with additional features such as Phunware’s patented Location Based Services (LBS) as well as integrations to 3rd-party business systems such as property management systems (PMS), electronic health records (EHR), point-of-sale systems (POS) and data management platforms (DMP).

Click here to learn more about how Phunware facilitates digital transformation across industries such as healthcare, hospitality and advocacy.

Safe Harbor Clause and Forward-Looking Statements

This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the Securities and Exchange Commission (SEC), including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.

By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human Experience

Phunware, Inc. (NASDAQ: PHUN), is the pioneer of Multiscreen-as-a-Service (MaaS), an award-winning, fully integrated enterprise cloud platform for mobile that provides companies the products, solutions, data and services necessary to engage, manage and monetize their mobile application portfolios and audiences globally at scale. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty (PhunCoin & PhunToken) and analytics, as well as a mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application and vertical solutions. Phunware helps the world’s most respected brands create category-defining mobile experiences, with approximately one billion active devices touching its platform each month when operating at scale. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit https://www.phunware.com and follow @phunware on all social media platforms.

The post Phunware Releases Experience Optimizer for Mobile Applications appeared first on Phunware.

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Phunware Announces Inducement Grant under Nasdaq Listing Rule 5635(c)(4) https://www-origin.phunware.com/phunware-inducement-grant-nasdaq-listing-rule-5635c4/ Mon, 09 Jan 2023 16:44:03 +0000 http://127.0.0.1/press-releases/phunware-announces-stock-repurchase-plan-copy/ Phunware announced that it made an inducement grant to Mr. Russell Buyse in connection with his employment as Phunware’s new CEO.

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Austin, Texas [January 6, 2023] (ORIGINAL: GLOBE NEWSWIRE) – Phunware, Inc. (NASDAQ: PHUN) (the “Company”) today announced that it made an inducement grant to Mr. Russell Buyse in connection with his employment as Phunware’s new Chief Executive Officer, effective December 28, 2022. Such grant was made under the Phunware, Inc. 2022 Inducement Plan, which was approved and adopted on January 4, 2023 by Phunware’s Board of Directors. The Board granted Mr. Buyse an aggregate of 1,470,588 restricted stock units under the Inducement Plan. The grant was included in Mr. Buyse’s employment agreement described in the Form 8-K filed by Phunware with the SEC on November 14, 2022.

The grant was approved by Phunware’s Compensation Committee on January 4, 2023 pursuant to a delegation by the Board and was issued as an equity grant pursuant to Nasdaq Listing Rule 5635(c)(4), as an inducement material to Mr. Buyse entering into employment with Phunware. The restricted stock units granted are subject to a vesting schedule commencing on December 28, 2022, with one-third of the restricted stock units vesting on each anniversary of the commencement date, subject to Mr. Buyse’s continued employment.

About Phunware, Inc.

Phunware, Inc. (NASDAQ: Phunware) offers integrated software platforms that equip companies with the products, solutions, data, and services necessary to engage, manage, and monetize their mobile application audiences globally at scale. Our products and services include cloud-based mobile software development kits (SDKs); cloud-based vertical solutions; offering application transactions, including re-occurring and one-time transactional media purchases for application discovery, user acquisition and audience building, audience engagement, and audience monetization; and pre-packaged and custom high-end personal computer systems for gaming, streaming, and cryptocurrency mining enthusiasts. We were founded in 2009 and headquartered in Austin, Texas. For further information about Phunware and our products, please visit https://www.phunware.com/.

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