Phunware Launches National Ventilator Registry
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, today announced it has launched a National Ventilator Registry.
"As the United States braces for an onslaught of coronavirus cases, hospitals and governments are confronting a grim reality - there are not nearly enough lifesaving ventilator machines to go around and there is no way to solve the problem before the disease reaches full throttle,” according to a recent NY Times article.
The Johns Hopkins Center for Health Security (JHCHS) estimates that there are about 160,000 ventilators available for patient care, but the American Hospital Association (AHA) estimates 960,000 people may need them over the course of the COVID-19 pandemic. While manufacturers race to ramp production, hospitals and patients need access to real-time utilization data of the existing ventilators in operation.
Phunware's Knowledge Graph is uniquely suited to track critical data attributes in near real-time, while Phunware's mobile digital front door provides clinicians with everything they need to monitor and track the utilization of key resources like ventilators. However, to do this across the country, Phunware is calling on the medical community to compile a National Ventilator Registry so that clinicians can have complete visibility on existing resources and patients can locate the lifesaving equipment that they need.
“We have built a data engine that is capable of managing over a billion active devices and four billion daily transactions, while generating more than 5 terabytes of data each day,” said Randall Crowder, COO of Phunware. “We can leverage our technology to identify and track critical medical assets like ventilators, but we need to act now and we need everyone’s help getting the word out to medical professionals on the frontline so that we can collect the information that we desperately need.”
Click here to learn more about Phunware’s efforts to locate and track ventilators across the United States in order to optimize resource allocation and utilization.
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 & 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200327005071/en/
PR & Media Inquiries:
Brent Brightwell
bbrightwell@phunware.com
T: (512) 537-8301
Investor Relations:
Brendhan Botkin
bbotkin@phunware.com
T: (512) 394-6837
Source: Phunware, Inc.
Released March 27, 2020