Phunware Announces Third Quarter 2019 Customer Wins

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Third Quarter Financial Results Scheduled for November Release via 10-Q

AUSTIN, Texas--(BUSINESS WIRE)-- 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 summary list of its third quarter 2019 customer contract wins.

Contract awards included a new Fortune 500 customer win with Verizon Communications, in addition to new and existing customer wins including American Made Media Consultants (otherwise known as "Trump-Pence 2020" and "Keep America Great" Campaign), Atlantis Paradise Island Bahamas, Baptist Health South Florida, Buffalo Heights, Cedar-Sinai, Datum Tech, Freefire Media, Macerich, Parkview Health and PriceWaterhouseCoopers.

“We are very excited by continued forward progress in our core business with meaningful new customer logos and engagements,” said Matt Aune, CFO of Phunware. “We are happy to see a wide distribution of contract wins across many of our core verticals as we continue to grow and diversify our customer base and drive towards cash neutrality by year end. We expect to release our third quarter financial results in November via Form 10-Q and accompany it with an earnings press release via Form 8-K.”

Please monitor our Investor Relations website at investors.phunware.com for the exact date and time for our earnings announcement and its associated audiocast.

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 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 & Phun) 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 more than one billion active devices touching its platform each month. 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://www.phuncoin.com, https://www.phuntoken.com, and follow @phunware, @phuncoin and @phuntoken on all social media platforms.

PR & Media Inquiries:

Brent Brightwell
bbrightwell@phunware.com
T: (512) 630-6669

Investor Relations:

Brendhan Botkin
bbotkin@phunware.com
T: (512) 394-6837

Source: Phunware, Inc.

Released October 4, 2019