This S-1 Registration Statement relates to 16,742,104 shares of common stock and 10,312,078 warrants. The Company will not receive any proceeds from the sale of the securities offered by the selling securityholders under this prospectus (the “Securities”). As further explained in the prospectus relating to the Registration Statement, the Company may receive proceeds from the exercise of the Sponsor Private Placement Warrants, the Public Warrants, the Series D-1 Warrants, the Series F Warrants and the UPO Warrants (collectively, the “Warrants”). To the extent that the Warrants are cashless (net) exercised, as applicable, or the Public Warrants are called by us for redemption, we would not receive proceeds for the exercise of such Warrants. We expect to use the net proceeds from the exercise of the Warrants for general corporate purposes.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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 SEC filings, 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 the investor relations section on its website as the means of complying with its disclosure obligations under Regulation FD. Accordingly, we recommend that investors should monitor Phunware’s investor relations website in addition to following Phunware’s press releases, SEC filings, and public conference calls 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), 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. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, analytics, loyalty and rewards (PhunCoin), 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. 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 and follow @phunware and @phuncoin on all social media platforms.

The post Phunware Announces S-1 Registration Statement Declared Effective appeared first on Phunware.

Austin, Texas [May 7, 2019] (ORIGINAL: BUSINESS WIRE) – Rifiniti, the leader in workplace analytics software, and Phunware, Inc. (NASDAQ: PHUN), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, have teamed to leverage their Cisco Independent Software Vendor (ISV) partner network and combine complementary service offerings for corporate tenants.

Rifiniti and Phunware are available from Cisco and Cisco’s other partners, enabling customers who invest in Cisco’s Connected Mobile Experiences (CMX) and DNA Spaces to deploy both companies’ technology services.

Both companies gather valuable data on traffic and occupancy patterns to optimize traffic flow – Rifiniti’s Optimo X workplace analytics software solution provides capacity planning and conference room rationalization; Phunware’s Multiscreen-as-a-Service (MaaS) platform advances mobile users’ understanding and experience of space through real-time and one-to-one blue dot location services including location awareness for employee tracking.

“Phunware’s mobile location services are completely congruent to our service offering. They address the need for better guidance through interactions within office environments, which is something that we frequently get requests for from our customers,” said Irina Mladenova, Rifiniti’s President and Customer Success Officer. “We’re very excited to be able to guide customers towards further harnessing of their investment in the Cisco technology,” Mladenova added.

The complementary technologies will provide even richer insights into occupancy tracking for customers’ more comprehensive understanding of real-estate use while improving employees’ workplace experience through intuitive mapping, navigation, wayfinding and engagement.

Phunware Co-Founder and Chief Executive Officer Alan S. Knitowski said,”Rifiniti’s workplace optimization software provides a compelling and complimentary value-add to Phunware’s corporate offering. Their analytics provide powerful insights on workplace optimization and serve as a critical component to the broader set of digital transformation outcomes customers will receive with their investments with Cisco wireless and Phunware mobile.”

The partnership with Phunware is part of Rifiniti’s ongoing dedication to serve real estate customers with the latest tools so they can adjust their use of commercial office space and provide contemporary workplaces that engage employees.

About Rifiniti

Rifiniti Inc. provides rich analytics for workplace optimization. The company’s SaaS offering, Optimo, enables customers with AI-powered analytics to optimize their workspace. Optimo, enhanced by Rifiniti’s deep understanding of corporate real estate (CRE), solves this problem by providing actionable insights that help executives make confident decisions based on highly accurate analytics. Optimo assists clients in migrating from the historically time-consuming and often error-prone manual data gathering and analysis required for workplace optimization metrics, such as employee attendance and real estate total cost of occupancy (TCO). Visit https://rifiniti.com/ for more information or follow us on LinkedIn and Twitter.

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), 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. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty and rewards (PhunCoin), 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 www.phunware.com, www.phuncoin.com and follow @phunware and @phuncoin on all social media platforms.

The post Rifiniti and Phunware Team to Harness Cisco Partner Network and Improve Space Utilization for Real Estate Customers appeared first on Phunware.

The agreement, which was formally executed on April 2, establishes Endpoint IP as a global agency partner of note to license Phunware’s portfolio of mobile technology patents to new companies, distribution partners and third parties for use in their products and solutions. It will also provide advisory services to the company around intellectual property licensing and enforcement as part of the ongoing engagement.

“We’re thrilled to work with Endpoint IP to bring Phunware’s mobile innovations and technologies to a broader worldwide audience via new partnerships and revenue streams,” said EVP of Corporate Development Tushar Patel. “Endpoint is recognized as a leader in intellectual property management, with extensive experience and global connections that will benefit our patent portfolio and we expect will be lucrative among forward-thinking brands focused on mobile.”

Phunware’s portfolio of intellectual property currently includes 16 U.S. issued patents and 6 pending patent applications, with its most recent award announced last week under U.S. Patent No. 10,254,378, entitled “Mobile Device Localization Based on Relative Received Signal Strength Indicators.”

“Phunware brings an impressive portfolio of innovative software and technologies, as well as a decade-long history of future-focused mobile application development ethos to the highly competitive mobile landscape,” said Endpoint IP Founder and CEO Jonathan Szarzynski. “We look forward to telling their story and connecting their patents to partners of similar commitment to innovation across industries.”

For a full list of Phunware’s awarded and pending patents, visit investors.phunware.com/faq.

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 Annual Report on Form 10-K filed with the SEC, as updated from time to time by the Quarterly Reports on Form 10-Q. 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” 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 Endpoint IP:

Endpoint IP is a leading intellectual property advisory firm that works with companies to deliver a return on innovation. Founded by patent professionals, Endpoint helps buy, sell, license, enforce, develop and commercialize IP rights. Our goal is to deliver revenue to innovators, offering a transparent and streamlined process to companies maximizing the benefits of IP ownership.

Phunware, Inc. (NASDAQ: PHUN) – Everything You Need to Succeed on Mobile:

Phunware is the pioneer of Multiscreen-as-a-Service (MaaS), 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. 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 www.phunware.com, www.phuncoin.com and follow @phunware and @phuncoin on all social media platforms.

The post Phunware Enters Agreement with Endpoint IP to Monetize Mobile Patent Portfolio appeared first on Phunware.

The ability to engage mobile users based on their ever-changing, real-time location is a foundational capability of the Location Based Services products powered by Phunware’s Multiscreen-as-a-Service (MaaS) platform. Today’s mobile engagement and wayfinding solutions are largely based on GPS, using longitude (X) and latitude (Y) axes to determine location and position as a function of the available access to both cellular signals and towers. To solve the far more complex problem of generating and displaying a location or position inside a building in real-time on a mobile device across X, Y and Z (height) axes, Phunware has developed and deployed a proprietary method of integrating data from virtual and physical beacons, high and low-density WiFi connections and mobile device sensors into a comprehensive machine learning algorithm. These varied inputs enable a holistically determined device position and location accounting for data from each source – whether active or inactive – with gaps filled through the company’s machine learning algorithm. The end-result is a seamlessly displayed “blue dot” engagement and wayfinding experience for the mobile application user indoors akin to industry-standard GPS mapping, navigation, wayfinding and geofence solutions outdoors.

“We’re extremely excited to have solved a complex, one-to-one engagement problem for sub-one-second indoor interactions and position updates on mobile for our MaaS customers and their consumers,” said Phunware’s co-founder and CTO, Luan Dang. “Our team already has a decade of commitment and excellence in delivering best-in-class location results on mobile and we intend to continue pushing this envelope to ensure that our machine learning algorithms and capabilities continue to set the industry standard worldwide.”

Founded in 2009, Phunware sought to develop an enterprise cloud platform for mobile that enabled the efficient and cost-effective creation, management and evolution of branded applications across multiple platforms to deliver experiences that delighted, engaged, retained, and monetized the largest audiences and communities of mobile users for the world’s most recognizable brands. This core vision established a future in which mobile applications were an increasingly important component of the relationship between brands and consumers and has since come to fruition in spades. For the past decade, the company has delivered robust mobile solutions for Fortune 1000 brands, setting high-water-marks for mobile lifecycle development and management at scale across verticals including healthcare, retail, residential, corporate campuses, hospitality, media and entertainment, aviation, advocacy and more.

Phunware will continue to expand the capabilities of its MaaS platform rolling forward with the addition of its PhunCoin ecosystem, a blockchain-enabled data exchange and mobile-first loyalty ecosystem connecting brands and consumers without untrustworthy intermediaries.

Phunware, Inc. (NASDAQ: PHUN) – Everything You Need to Succeed on Mobile

Phunware is the pioneer of Multiscreen-as-a-Service (MaaS), 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. 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 www.phunware.com, www.phuncoin.com and follow @phunware and @phuncoin on all social media platforms.

The post Phunware Announces Award of Patent for Mobile Device Localization Based on Relative Received Signal Strength Indicators appeared first on Phunware.

Additional background information for these directors is specific to Keith Cowan, a former attorney and Sprint and BellSouth executive, Lori Tauber Marcus, a former Pepsi, Keurig Green Mountain, The Children’s Place and Peloton Interactive executive, and Kathy Mayor, a former Carnival Corporation, Las Vegas Sands, Procter & Gamble and McKinsey executive.

“I’m thrilled to be a part of the Board of Directors of Phunware,” said Lori Tauber Marcus. “Mobile is the center of the universe for consumer engagement with brands and experiences and it’s an honor to work with a company that creates tools for great consumer brands to maximize those experiences.”

“We are pleased to have Keith, Lori and Kathy as independent directors of our board,” said Phunware’s co-founder and CEO Alan S. Knitowski. “They joined us at an exciting time for the company as we work to dominate the intersection of mobile, cloud, big data and blockchain in the public markets on NASDAQ. Their expertise and experience brings valuable perspectives as we execute our strategy for PHUN to win the era of decentralized computing.”

“Blockchain has the unique ability to put the power and monetization of consumer data back into the hands of the consumer,” said Kathy Mayor. “The Phunware team and offering is uniquely positioned to facilitate this and I’m honored to be part of the journey as an independent member of the board.”

About Keith Cowan

Keith Cowan is an experienced executive officer, board member, advisor, investor and attorney. He has been CEO of Cowan Consulting Corporation since 2013. Prior to that, he was President of Strategic Planning and Corporate Initiatives for Sprint Corporation, including the negotiation of its sale to SoftBank. He has also held multiple executive roles at Bell South Corporation, including Chief Development Officer, President of Marketing & Product Management, and Chief Network Field Officer. From 1982 to 1996, Mr. Cowan was a partner at Alston & Bird LLP.

Mr. Cowan is a board member of the YMCA of Metro Atlanta, Vice Chairman of Atlanta’s Fox Theatre, Chairman of the Morehead-Cain Scholarship Fund and a Trustee of the Loomis Chafee School. Mr. Cowan holds a BA in Economics and Political Science from the University of North Carolina at Chapel Hill and a JD, Law from the University of Virginia School of Law.

About Lori Tauber Marcus

Lori Tauber Marcus combines strategic vision, strong business and general management acumen with direct-to-consumer expertise in e-commerce, digital marketing and social media. Ms. Marcus sits on the board of Golub Corporation, the advisory board of Meural, Inc., and is Chair of the Board of DNA Diagnostics Center. In addition, she is a Director for SHARE and Vice Chair of the Board of Directors of the Multiple Myeloma Research Foundation (MMRF). Since 2017 she has worked with the Harvard Business School’s Kraft Precision Medicine Accelerator as Chair of the Direct-to-Patient Initiative.

Ms. Marcus’ past corporate roles include CMO for Peloton Interactive, Executive Vice President and Chief Global Brand and Product Officer of Keurig Green Mountain, Inc. and CMO of The Children’s Place. Prior to this, she had a 24-year career with PepsiCo, including national and global Senior Vice President and general management roles. Ms. Marcus holds a BSE from The Wharton School, University of Pennsylvania.

About Kathy Mayor

Kathy Mayor is the Chief Marketing Officer of BoxyCharm, a beauty subscription service company. She has held numerous leadership positions in business development, retail marketing, loyalty marketing, and digital marketing technology. Prior to her current role, Ms. Mayor was the Chief Digital Officer for Carnival Corporation and the Chief Marketing Officer of Carnival Cruise Line.

Ms. Mayor has also held a number of positions at Las Vegas Sands Corporation, including vice president and senior vice president roles in strategy and marketing as well as multiple director positions with Caesar Entertainment Corporation. Prior to that she worked for McKinsey & Company and Procter & Gamble. Ms. Mayor has a B.S. in Management Engineering from Ateneo de Manila University and an MBA from Harvard Business School.

Phunware, Inc. — Everything You Need to Succeed on Mobile

Transforming Digital Human Experience

Phunware, Inc., is the pioneer of Multiscreen-as-a-Service (MaaS), 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. 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 www.phunware.com, www.phuncoin.com and follow @phunware and @phuncoin on all social media platforms.

The post Phunware Announces Additional Background Information of Independent Board Directors appeared first on Phunware.

Applaudo, headquartered in San Salvador with offices in Austin, Texas, has worked with Phunware in the past as a software fulfillment partner. With their new Phunware Phenom Certification and their client base and expertise in Latin America, Europe and the Middle East, Applaudo is poised to be the first channel partner for Phunware as it expands its global presence providing brands with MaaS-powered mobile solutions alongside PhunCoin, Phunware’s blockchain-enabled data exchange and mobile loyalty ecosystem.

“We’re thrilled to be the first Phunware Phenom Certified Developer,” said Applaudo CEO Scott Kenyon. “The opportunity to use the MaaS platform will give our team a competitive advantage in the mobile application development marketplace, as the program allows us to work directly with Phunware in building mobile solutions for the world’s biggest brands.”

“Our past positive experience with Applaudo made them an ideal first partner for Phunware Phenom Certification, “ said Phunware Co-Founder and CEO Alan S. Knitowski. “We look forward to scaling our work together as a core channel partner in new markets globally as we have previously in the Central, South and Latin American markets where we first started.”

For more information about the Phunware Phenom Certified Developer Program, please
email phenom@127.0.0.1.

About Applaudo Studios:

Applaudo creates mobile and web experiences that are engineered to rock and are built with passion. Applaudo provides end-to-end software development for enterprise web/cloud and mobile applications, as well staff augmentation that allows companies to supplement their existing teams with ready-now, senior developers who have mastered the virtual workplace and remote communication. For more information about Applaudo Studios, visit www.applaudostudios.com.

Phunware, Inc. — Everything You Need to Succeed on Mobile

Transforming Digital Human Experience

Phunware, Inc., is the pioneer of Multiscreen-as-a-Service (MaaS), 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. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty and rewards (PhunCoin), 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 www.phunware.com, www.phuncoin.com and follow @phunware and @phuncoin on all social media platforms.

The post Phunware Announces Applaudo Studios as First Phunware Phenom Certified Developer Partner appeared first on Phunware.

“The combination of Phunware’s market-leading wayfinding and mobile engagement capabilities with innovative HID Location Services will ultimately revolutionize wayfinding within healthcare institutions,” said Phunware co-founder and CEO Alan S. Knitowski. “It’s easy for visitors and patients to get lost in hospitals, and every time they do it puts appointment times and patient satisfaction at risk. With our location-aware app on a mobile device, we equip the visitor to get instant, turn-by-turn navigation that creates a better experience than that which is currently available on the market.”

Phunware and HID are addressing the need of healthcare institutions to deploy standardized technology to provide a better wayfinding and visitor engagement experience inside the hospital, across campus and even in parking lots.

“Wayfinding is one more application that we are integrating into HID’s unified healthcare IoT solution to make it easier for healthcare systems to manage a growing demand for automated and streamlined experiences,” said Rom Eizenberg, Vice President of Sales, Bluvision, part of HID Global. “With HID technologies, we have changed the location-aware landscape, delivering location as a service. Now, healthcare organizations can easily lay out the foundation for IoT applications, such as wayfinding.”

HID’s healthcare IoT solution-enablement platform simplifies the delivery of real-time location of clinicians, patients and devices. The platform is enabled by Bluvision (part of HID Global).

Phunware’s Multiscreen-as-a-Service (MaaS) platform also provides enterprise-level mobile wayfinding, engagement, data and more for other vertical markets, including retail, residential, hospitality, media and entertainment and more.

About HID Global:

HID Global powers the trusted identities of the world’s people, places and things. We make it possible for people to transact safely, work productively and travel freely. Our trusted identity solutions give people convenient access to physical and digital places and connect things that can be identified, verified and tracked digitally. Millions of people around the world use HID products and services to navigate their everyday lives, and over 2 billion things are connected through HID technology. We work with governments, educational institutions, hospitals, financial institutions, industrial businesses and some of the most innovative companies on the planet. Headquartered in Austin, Texas, HID Global has over 3,000 employees worldwide and operates international offices that support more than 100 countries. HID Global® is an ASSA ABLOY Group brand. For more information, visit www.hidglobal.com.

Phunware, Inc. — Everything You Need to Succeed on Mobile

Transforming Digital Human Experience

Phunware, Inc., is the pioneer of Multiscreen-as-a-Service (MaaS), 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. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty and rewards (PhunCoin), 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 www.phunware.com, www.phuncoin.com and follow @phunware and @phuncoin on all social media platforms.

(Initially published by HID Global)

The post HID Global and Phunware Collaborate to Improve Wayfinding for Patients and Visitors within Hospitals appeared first on Phunware.

Phunware’s pioneering Multiscreen as a Service (MaaS) platform gives software developers the only full-stack platform in the mobile ecosystem, allowing them and their customers access to a solution that touches all phases of the mobile application lifecycle, and provides everything they need to be successful engaging, managing and monetizing their mobile application audiences globally at scale. For almost 10 years, Phunware has been providing the world’s biggest brands with end-to-end mobile experiences in verticals ranging from Healthcare to Hospitality, Media and Entertainment to Retail and others. With the launch of the Phunware Certified Developer Program, developers will have to opportunity to bring the same level of sophisticated mobile application development and monetization to their own customers.

Phunware’s supported offering to Phunware Phenom Certified Developers includes:

• Cloud-Based Mobile Software. Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, rewards and analytics.
• Mobile Application Framework. Pre-integrated iOS and Android software modules for building in-house or channel-based mobile application solutions.
• Cloud-Based Vertical Solutions. Pre-integrated iOS and Android mobile application portfolios for Healthcare, Retail, Media, Real Estate & Hospitality, Sports, Aviation and other verticals.
• Knowledge Graph and Data. Real-time mobile audience targeting, reach, engagement and monetization for 1:1 insights and interactions globally at scale.

“There’s a real need in the market for brands of all sizes to offer an engaging end-to-end mobile experience to their consumers,” said Phunware co-founder and CEO Alan S. Knitowski. “Prior to certifying developers to work with Phunware’s solution, delivering this breadth and depth of mobile engagement was prohibitively expensive for many companies, so we’re pleased to launch the Phunware Phenom Certified Developer program to help software developers quickly and easily build effective and appealing mobile solutions for their customers.”

For more information on the Phunware Phenom Certified Developer Program, please contact us at phenom@127.0.0.1.

Phunware, Inc. — Everything You Need to Succeed on Mobile

Phunware Transforms Digital Human Experience for Brands

Phunware Inc. is the pioneer of Multiscreen-as-a-Service (MaaS), 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. 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 www.phunware.com, www.phuncoin.com and follow @phunware on all social media platforms.

The post Phunware Launches the Phunware Phenom Certified Developer Program appeared first on Phunware.

The IBM Blockchain Accelerator is an invite-only program requiring nominations from investors, customers and IBM representatives and is focused on collaborating with established, high-growth companies to develop category-defining enterprise blockchain networks.

“We’re thrilled to have been chosen for the IBM Blockchain Accelerator and believe that mainstream adoption of cryptocurrency will happen as the result of collaborations with technology leaders such as IBM,” said Phunware’s Chief Operating Officer, Randall Crowder. “The future of blockchain rests in real companies with real experience launching compliant cryptocurrencies that complement real business models.”

Phunware recently launched PhunCoin, its innovative security token designed to reimagine enterprise loyalty programs and promote data transparency. Phunware intends to use PhunCoin to transform the relationship between brands and consumers by providing individuals the opportunity to earn PhunCoin in return for their engagement, while also providing companies the opportunity to build a more transparent, authentic and engaged relationship with their audiences.

Phunware, Inc. — Everything You Need to Succeed on Mobile

Phunware Transforms Digital Human Experience for Brands

Phunware Inc. is the pioneer of Multiscreen-as-a-Service (MaaS), 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. Phunware’s Software Development Kits (SDKs) include location-based services, mobile engagement, content management, messaging, advertising, loyalty and rewards (PhunCoin), 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 solutions 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 www.phunware.com, www.phuncoin.com and follow @phunware on all social media platforms.

The post Phunware Selected for Inaugural IBM Blockchain Accelerator program appeared first on Phunware.

• Software Development Kits (SDKs), comprised of location-based services, mobile engagement, content management, messaging, advertising and analytics
• Mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel-based mobile application solutions
• Cloud-based vertical solutions of pre-integrated iOS and Android mobile application portfolios for Healthcare, Retail, Media, Real Estate & Hospitality, Sports, Aviation and other verticals
• Knowledge graph and data for real-time mobile audience targeting, reach, engagement and monetization for 1:1 insights and interactions globally at scale

Founded in 2009, Phunware’s leadership saw that enterprises at that time were challenged with efficiently and cost-effectively creating branded applications across multiple platforms to deliver experiences to delight, engage, retain, increase and monetize their users. Ten years ago mobile applications were predominantly single utility, but Phunware realized that in the future they would become more complex as well as an increasingly important tool in the relationship between brands and consumers. With that belief, Phunware bet the company on native implementation first, mobile screen first, and built an infrastructure to support this.

This patent reflects Phunware’s core belief that every brand wants to engage their audiences through five main types of interaction:

• Through users consuming brand-specific push content
• Through creating and leveraging social networks and consumer communities to build and expand their brands
• Through play and engagement for user entertainment and utility
• Through media content used to entertain, inform, and educate consumers about brands
• Through the ability to facilitate electronic commerce with their consumers as well as use application analytics on top of aggregated affiliate, sales, usage and other data to better drive new revenue streams and optimize the return on investment associated with sales, promotion and advertising efforts.

Phunware continues to expand the capabilities of the MaaS platform with the addition of their PhunCoin ecosystem, a blockchain-powered, mobile-first cryptocurrency ecosystem connecting brands and consumers.

“We’re looking forward to further serving our customers by extending our platform capabilities with PhunCoin in 2019,” said Phunware’s co-founder and CTO, Luan Dang. “With our PhunCoin Software Development Kit (SDK), brands can connect directly with consumers, and consumers can be rewarded for the data they are willing to share.”

Phunware, Inc.—Everything You Need to Succeed on Mobile:

Phunware Inc. is the pioneer of Multiscreen-as-a-Service (MaaS), 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. 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 www.phunware.com, www.phuncoin.com and follow @phunware on all social media platforms.

The post Phunware Announces Patent for Enterprise Branded Application Frameworks for Mobile and Other Environments appeared first on Phunware.

Through 10 years of providing brands with everything they need to succeed on mobile, Phunware has seen firsthand the frustration marketers experience around the lack of transparency from traditional data exchanges. While the black box approach to buying data and audiences has worked reasonably well up until now, increasingly companies share the same concerns around data privacy, respect and economic incentives as consumers. As organizations demand more accountability and transparency from their marketing dollars spent, and as consumers demand more visibility into how their personal data and information is used and monetized, immutable, open and fully-auditable transactions and interactions will become the new normal for all ecosystem participants. The PhunCoin ecosystem was created specifically to address these challenges and aims to solve the current market confusion and opaqueness around data transactions and interactions with full, open accountability and transparency to all parties at all times.

Phunware has architected both its data exchange and its PhunCoin ecosystem to allow brands to purchase PhunCoin using their traditional mobile marketing dollars and then use those PhunCoin to directly access audiences on Phunware’s data exchange. The PhunCoin ecosystem allows brands to eliminate intermediaries and connect directly with consumers, rewarding them economically for voluntarily participating in the sharing of their personal data and information in exchange for completing brand-specific loyalty and monetization activities and interactions on a 1:1 basis.

For January and February of 2019, PhunCoin Launch Alliance participants will receive incentive multiples on their marketing spend with Phunware through the following tiered offering:

• Gold: Brands that spend more than $1,000,000 on PhunCoin token purchases will receive 2 times the value of data and media on the Phunware data exchange for their purchases.
• Silver: Brands that spend $100,001 to $1,000,000 on PhunCoin token purchases will receive 1.5 times the value of data and media on the Phunware data exchange for their purchases.
• Bronze: Brands that spend $10,000 to $100,000 on PhunCoin token purchases will receive 1.25 times the value of data and media on the Phunware data exchange for their purchases.

“We’re pleased to be innovating the next level of consumer engagement for brands,” said Phunware co-founder and CEO, Alan S. Knitowski. “Increasingly, brands are tired of being embarrassed by the way external intermediary partners treat consumer data. Leveraging the blockchain to create an open, transparent and trusted relationship between brands and consumers provides the data compliance and protection that brands are looking for today, as well as identity protection and economic incentives for the voluntary participation of their consumers.”

For more information on this program, please email alliance@127.0.0.1. For more information on PhunCoin, please visit www.phuncoin.com.

About Phunware:

Phunware is the pioneer of Multiscreen as a Service (MaaS), a fully integrated enterprise software platform for mobile that provides companies the products, solutions, data and services necessary to engage, manage and monetize their mobile application audiences globally at scale. 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 www.phunware.com, www.phuncoin.com and follow @phunware on all social media platforms.

The post Phunware Announces the PhunCoin Launch Alliance appeared first on Phunware.

The ability to engage mobile users based on their ever-changing real-time location is a core capability of Phunware’s Multiscreen-as-a-Service (MaaS) platform. In daily life, mobile users constantly move between indoor and outdoor locations. Seamlessly detecting and managing location transition to enable personalized experiences based on a user’s surroundings is critical for brands wanting to have proximity-based interactions with their audiences, as well as organizations that offer a combination of indoor wayfinding plus mobile messaging and engagement, such as hospital systems, residential and corporate campuses, entertainment venues, airports, retail locations and others.

Managing this using the tools from the underlying mobile operating system directly can make it very difficult to achieve a high degree of accuracy while, at the same time, balancing that with battery performance, which is why Phunware invested the research and development required to optimize this process.

Mobile operating systems allow devices to monitor location-based information associated with outdoor as well as indoor regions, but the operating system may limit the number of resources utilized to do so. As such, it is beneficial for an application operating on a mobile device to preferentially allocate that device’s monitoring resources based on user location in order to ensure accuracy and to provide the most personalized and valuable experience for users.

The Phunware system and method for leveraging location-based regions and location updates from the underlying operating system is architected to efficiently minimize device resource usage, while still preserving the ability to detect if a device is inside or outside any given number of location regions.

“High quality, accurate experiences are key to success in mobile and digital transformation for brands,” said Phunware’s EVP of Product and Engineering, Matt Lindenberger. “Our software enables companies to take advantage of location-based information to bring those experiences to life, and the award of this patent is validation of the uniqueness of our value proposition for our customers.”

About Phunware:

Phunware is the pioneer of Multiscreen as a Service (MaaS), a fully integrated enterprise software platform for mobile that provides companies the products, solutions and data and services necessary to engage, manage and monetize their mobile application audiences globally at scale that allows brands to engage, manage and monetize their anytime, anywhere mobile application users worldwide. 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 www.phunware.com and follow @phunware on all social media platforms.

The post Phunware Awarded Patent for Indoor/Outdoor Mobile Device Location Monitoring appeared first on Phunware.

Phunware’s Chief Executive Officer is Alan Knitowski, and its Chief Financial Officer is Matt Aune. The members of the Board of Directors of Phunware are Alan Knitowski, Prokopios (Akis) Tsirigakis, George Syllantavos, Randall Crowder, Lori Tauber Marcus, Kathy Mayor and Keith Cowan. Phunware’s headquarters are in Austin, Texas, with additional offices in Newport Beach, California, San Diego, California and Miami, Florida.

Founded nearly a decade ago, Phunware’s Software and Solutions provides the only fully-integrated enterprise software platform for mobile that gives companies the products, solutions, data and services necessary to engage, manage and monetize their mobile application audiences globally at scale, including cloud-based mobile software development kits (SDKs) which include location-based services, mobile engagement, content management, messaging, advertising and analytics; a mobile application framework with pre-integrated iOS and Android software modules for building in-house or channel-based mobile application solutions; cloud-based vertical solutions for Healthcare, Retail, Media, Real Estate and Hospitality, Sports, Entertainment and others; and a knowledge graph platform, services and data allowing for real-time mobile audience targeting, reach, engagement and monetization for 1:1 insights and interactions globally at scale.

With the launch of PhunCoin, Phunware aims to transform the relationship between brands and consumers by providing individuals the opportunity to earn PhunCoin in return for sharing their information, and companies the opportunity to build a more transparent, authentic and engaged relationship with their audiences.

“We’re extremely proud to have completed our merger and begin trading on the Nasdaq, particularly during the year-end chaos in the markets,” said Phunware co-founder and CEO Alan S. Knitowski. “We are excited to expose a broader audience to the opportunity to disrupt the way brands and consumers interact through our platform and solutions which enable them to build a more trustworthy and transparent relationship on mobile.”

About Phunware:

Phunware is the pioneer of Multiscreen as a Service (MaaS), a fully integrated enterprise software platform for mobile that provides companies the products, solutions and data and services necessary to engage, manage and monetize their mobile application audiences globally at scale that allows brands to engage, manage and monetize their anytime, anywhere mobile application users worldwide. 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 www.phunware.com and follow @phunware on all social media platforms.

The post Phunware, Inc. Commences Trading on Nasdaq as PHUN appeared first on Phunware.

Austin, Texas [September 18, 2018] – Today Phunware, a leading enterprise cloud platform for mobile which provides software, solutions, data and services for brands worldwide, announced its partnership with B2G Advisors, a Texas-based firm that serves clients nationally, providing services that connect business to governments at the local, state and federal level. Through working with B2G, Phunware expands its data offering by enabling national, regional and local voter file matching and targeting with unprecedented precision.

Phunware and B2G intend to shift the dynamic of ethically questionable political advertising by allowing campaigns to authentically address critical and often unreached voter audiences to empower them with information they need to make informed decisions. Phunware and B2G have a commitment to transparency in information delivery and the revitalization of the political process by arming voters with critical data, transparently delivered, so that all voters can feel engaged and energized to participate.

“Our aim is to leverage voluntarily provided personal data and information to better empower the people who provide it. By enabling campaigns to deliver relevant information at scale to the audiences that need it most, we envision a more engaged electorate and a transformed political dialogue,” said Alan S. Knitowski, CEO of Phunware. “We’re thrilled to work with B2G, one of Texas’ most trusted names in government relations, to bring this vision to market.”

With an estimated $1.7B to be spent on internet advertising this election season, verified targeting and efficient ROI are more important than ever. Phunware can reach finely-segmented audiences at scale by matching voter files to mobile devices, a technique that has already seen results for congressional and senatorial campaigns across the political spectrum. Phunware boasts an average audience reach across campaigns of over 75% while ensuring viewability through Phunware Protect, the company’s proprietary technology to prevent ad fraud.

“Our current era of politics is often framed by division, but we see an opportunity to use Phunware’s targeting capabilities to bring political information directly to the people who need it,” said Jim Grace of B2G. “We’re excited to introduce Phunware’s unprecedented data capabilities to our national network of high-profile campaigns, and we’re proud to be a part of this new paradigm in political targeting.”

About Phunware:

Phunware is the pioneer of Multiscreen as a Service (MaaS), a fully integrated suite of platform products, solutions and data that allows brands to engage, manage and monetize their anytime, anywhere mobile application users worldwide. 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. On February 28, 2018, Phunware also announced its intent to go public through a merger with Stellar Acquisition III, Inc. (Nasdaq: STLR), a publicly-traded blank check company, and to launch a cryptonetworking Token Generation Event (TGE) called PhunCoin. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit www.phunware.com and follow @phunware on all social media platforms.

About B2G Advisors:

B2G Advisors is a Texas based firm that serves clients nationally, providing services that connect your business to governments at the local, state and federal level. Founded by Jim Grace, Jennifer McEwan, and George Hittner, B2G Advisors has over 85 years of collective government relations, public policy, and business development experience.

The post Phunware Partners with B2G Advisors to Enable a New Paradigm in Political Targeting appeared first on Phunware.

Austin, Texas [September 7, 2018] – Today Phunware, a leading enterprise cloud platform for mobile which provides software, solutions, data and services for brands worldwide, announced their selection by a leading U.S. nonprofit medical center to license their Multiscreen as a Service (MaaS) platform, including mobile wayfinding and engagement solutions, to integrate with an existing mobile application.

Digital transformation in hospitals is increasingly mobile-first, and in highly fluid environments like healthcare facilities, mobility provides greater flexibility, productivity and efficiency. Integrating mobile wayfinding for patients, visitors and staff is the first logical step to digital transformation. That same mobile location technology can help solve for many other use cases that support digital transformation, including mobile engagement, which helps hospitals provide personalized experiences to patients before, during and after each visit.

The integration of Phunware’s enterprise cloud platform for mobile across the 18 million square-foot facility will provide:

• Real-time blue dot routing and static navigation from any configured point of interest to destinations within the medical center
• Access to maps that feature points of interest such as physician offices, gift shops, elevators, etc., which can be updated and edited by staff for construction updates, office location changes and more
• Personalized alerts and promotions to patients and visitors based on their location or attributes, including appointment and parking reminders, health and wellness tips, or routing changes
• Analytics and business intelligence to connect the dots between patients, locations and campaigns to uncover rich insights across the entire patient journey

“We’re extremely proud to be part of this digital innovation deployment,” said Alan S. Knitowski, co-founder and CEO of Phunware. “By licensing Phunware’s MaaS platform, we can help provide a richer and more personalized mobile experience for patients and increase staff efficiency at this facility.”

About Phunware:

Phunware is the pioneer of Multiscreen as a Service (MaaS), a fully integrated suite of platform products, solutions and data that allows brands to engage, manage and monetize their anytime, anywhere mobile application users worldwide. 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. On February 28, 2018, Phunware also announced its intent to go public through a merger with Stellar Acquisition III, Inc. (Nasdaq: STLR), a publicly-traded blank check company, and to launch a cryptonetworking Token Generation Event (TGE) called PhunCoin. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit www.phunware.com and follow @phunware on all social media platforms.

The post Phunware Selected to Solve Wayfinding Challenges and Boost Patient Experience for Top U.S. Nonprofit Academic Medical Center appeared first on Phunware.

Austin, Texas [August 24, 2018] – Today Phunware, a leading enterprise cloud platform for mobile which provides software, solutions, data and services for brands worldwide, announced that co-founder and CEO, Alan S. Knitowski will address SYNCO’s 13th Blockchain Symposium on August 30th, 2018 in Seoul, South Korea.

PhunCoin from Phunware, an innovative cryptocurrency which will have unique global reach and distribution, will allow consumers to take back control of their data by creating a value-based exchange and a virtuous cycle of monetization.

NASDAQ-Pending Phunware decided to launch PhunCoin as a complement to their existing software and infrastructure business which averages more than 1 billion monthly active devices and more than 6 billion daily transactions worldwide and serves Fortune 5000 customers in verticals including entertainment, retail, residential and hospitality, medical and others.

Given their deep and rich base of consumer mobile data, Phunware is uniquely qualified to launch a transactional cryptocurrency designed to enable and enhance the mobile brand experience for both brands and consumers. PhunCoin will reinvent how consumers control their identities, share their personal data and get compensated for providing personal information using digital smart contracts on the blockchain, a vision Phunware believes will position PhunCoin for mainstream adoption.

SYNCO, incorporated in South Korea and Hong Kong, is Asia’s leading blockchain community network. It offers a comprehensive suite of services in media, education, investments, and blockchain centers. SYNCO has been hosting Korea Blockchain Symposiums with Key Opinion Leaders and prominent ICO projects since August 2017.

“Asia is a critical region in the launch of any global cryptocurrency, and South Korea in particular is a leader in cryptocurrency innovation,” said Knitowski. “We’re excited to share both Phunware the company and PhunCoin the project with the impressive audience of experts and investors within SYNCO’s influential community.”

About Phunware:

Phunware is the pioneer of Multiscreen as a Service (MaaS), a fully integrated suite of platform products, solutions and data that allows brands to engage, manage and monetize their anytime, anywhere mobile application users worldwide. 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. On February 28, 2018, Phunware also announced its intent to go public through a merger with Stellar Acquisition III, Inc. (Nasdaq: STLR), a publicly-traded blank check company, and to launch a cryptonetworking Token Generation Event (TGE) called PhunCoin. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit www.phunware.com and follow @phunware on all social media platforms.

The post PhunCoin from Phunware Takes the Stage at the 13th Blockchain Symposium in Seoul, South Korea appeared first on Phunware.

Austin, Texas [August 22, 2018] – Today Phunware, a leading enterprise cloud platform for mobile, which provides software, solutions, data and services for brands worldwide, announced their selection by a top U.S. Cancer Research Hospital to integrate mobile wayfinding for patients, staff and visitors into their existing mobile application for facilities across Texas.

Missed healthcare appointments cost the U.S. healthcare system an incredible $150 billion per year. The integration of Phunware’s wayfinding technology aims to address one major cause of no-shows, helping patients, visitors, staff and administrators navigate complex healthcare facilities across Texas.

The app includes several features that address unique needs for hospital patients and staff, including:

Features for patients and visitors:

• Personalized Routing: Easily navigate the Hospital’s facilities from any configured point of interest to destinations within the hospital. The in-app map includes turn-by-turn directions and home-to-venue routing.
• Maps: Access indoor and outdoor maps that feature points of interest such as physician offices, cafeterias, elevators, etc., along with search and filter capabilities.

Features for staff and hospital administration:

• Update Facility Maps: Edit and manage facility maps from the cloud for construction updates, office location changes and more.
• Campaign Promotion: Promote hospital- and health-related campaigns to specific groups based on user attributes.
• Notifications and Alerts: Keep patients and visitors informed with location-based notifications.

“We’re extremely proud to be a part of this digital innovation project with the top cancer research hospital in Texas,” said Alan S. Knitowski, co-founder and CEO of Phunware. “Patient satisfaction stems from the first point of communication between patient and provider. Being able to navigate a complex facility makes hospital visits less stressful for patients, and being able to reach and inform patients with the push of button saves precious time and increases efficiency for staff.”

After a successful phase one implementation, Phunware’s scope of work will be expanded to include indoor blue dot navigation for each facility, as well as website and kiosk wayfinding.

About Phunware:

Phunware is the pioneer of Multiscreen as a Service (MaaS), a fully integrated suite of platform products, solutions and data that allows brands to engage, manage and monetize their anytime, anywhere mobile application users worldwide. 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. On February 28, 2018, Phunware also announced its intent to go public through a merger with Stellar Acquisition III, Inc. (Nasdaq: STLR), a publicly-traded blank check company, and to launch a cryptonetworking Token Generation Event (TGE) called PhunCoin. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit www.phunware.com and follow @phunware on all social media platforms.

The post Top Cancer Research Hospital Boosts Patient Experience and Business Efficiencies with Phunware Wayfinding Solution appeared first on Phunware.

Austin, Texas [August 16, 2018] – Today Phunware, a leading enterprise cloud platform for mobile, which provides software, solutions, data and services for brands worldwide announced financial results for the second quarter ended June 30, 2018.

“We are pleased to announce our second quarter 2018 financial results, reflecting revenue growth of 174% year-over-year and profitability on a non-GAAP operating income basis,” said Alan S. Knitowski, Phunware’s CEO and Co-founder. “We are at an exciting stage of our growth as a company and our Q2 performance positions us well as we prepare to enter the public markets.”

“We are thrilled to have achieved positive non-GAAP operating income for the first time ever,” said Phunware CFO Matt Aune. “We are also excited that the company’s security token sale for PhunCoin is now active, which will be further highlighted in future updates as we present financials for Q3 2018 and beyond.”

Financial Highlights for Second Quarter 2018:

• Revenue: Total revenue was $14.2 million, a 174% increase over Q2 2017. Platform Subscription & Services revenue was $6.5 million, an 85% increase over Q2 2017. Application transaction revenue was $7.7 million, a 357% increase over Q2 2017.
• Operating Income (Loss): Income from operations was $4.7 million, compared to loss from operations of ($6.3) million in Q2 2017.
• Adjusted EBITDA: Adjusted EBITDA was $4.8 million, compared to ($5.9) million in Q2 2017.

The tables at the end of this press release include reconciliation of GAAP net income (loss) to Adjusted EBITDA for the three months ended June 30, 2018 and 2017. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures.”

Non-GAAP Financial Measures:

In addition to Phunware’s financial information presented in accordance with generally accepted accounting principles in the United States (“GAAP”), Phunware uses certain non-GAAP financial measures to clarify and enhance Phunware’s understanding of past performance and future prospects. Non-GAAP financial measures should be considered in addition to, not as a substitute for, or superior to, financial measures calculated in accordance with GAAP. They are not measurements of our financial performance under GAAP and should not be considered as alternatives to revenue or net income (loss), as applicable, or any other performance measures derived in accordance with GAAP and may not be comparable to other similarly titled measures of other businesses. Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation or as a substitute for analysis of our operating results as reported under GAAP.

We compensate for these limitations to Non-GAAP financial measures by relying primarily on its GAAP results and using Non-GAAP financial measures only for supplemental purposes. Non-GAAP financial measures include adjustments for items that may not occur in future periods. However, we believe these adjustments are appropriate because the amounts recognized can vary significantly from period to period, do not directly relate to the ongoing operations of our business and complicate comparisons of our internal operating results and operating results of other peer companies over time. For example, it is useful to exclude non-cash, stock-based compensation expenses because the amount of such expenses in any specific period may not directly correlate to the underlying performance of our business operations and these expenses can vary significantly across periods due to timing of new stock-based awards. We may also exclude certain discrete, unusual, one-time, or non-cash costs, including transaction costs and the income tax impact of adjustments in order to facilitate a more useful period-over-period comparison of its financial performance. Each of the normal recurring adjustments and other adjustments described in this paragraph help management with a measure of our operating performance over time by removing items that are not related to day-to-day operations or are non-cash expenses.

Adjusted EBITDA. Adjusted EBITDA is a non-GAAP financial measure that Phunware calculates as net loss adjusted to exclude income taxes, net interest expense, depreciation and amortization, purchase accounting adjustments, acquisition and sponsor related costs and stock-based compensation expense.

About Phunware:

General. Phunware is the pioneer of Multiscreen as a Service (MaaS), a fully integrated suite of platform products, solutions and data that allows brands to engage, manage and monetize their anytime, anywhere mobile application users worldwide. 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.

Proposed Merger. On February 28, 2018, Phunware announced its intent to go public through a merger with Stellar Acquisition III, Inc. (Nasdaq: STLR), a publicly-traded blank check company, and to use commercially reasonable efforts to launch PhunCoin. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit www.phunware.com and follow @phunware on all social media platforms.

Additional Information About the Merger Transaction between Phunware and Stellar and Where to Find It:

Stellar has filed with the SEC a registration statement on Form S-4 with a proxy statement containing information about the proposed transaction and the respective businesses of Phunware and Stellar. Stellar will mail a final prospectus and definitive proxy statement and other relevant documents after the SEC completes its review. Stellar and Phunware shareholders are urged to read the preliminary prospectus and proxy statement and any amendments thereto and the final prospectus and definitive proxy statement in connection with the solicitation of proxies for the special meetings to be held to approve the proposed transaction, because these documents will contain important information about Stellar, Phunware and the proposed transaction. The final prospectus and definitive proxy statement will be mailed to shareholders of Stellar and Phunware of a record date to be established for voting on the proposed transaction. Shareholders will also be able to obtain a free copy of the proxy statement, as well as other filings containing information about Stellar, without charge, at the SEC’s website (www.sec.gov) or by calling 1-800-SEC-0330. Copies of the proxy statement and other filings with the SEC can also be obtained, without charge, by directing a request to: Stellar Acquisition III Inc., 90 Kifisias Avenue, Marousi 15125, Athens, Greece. Additionally, all documents filed with the SEC can be found on Stellar’s website, www.stellaracquisition.com.

About Stellar:

Stellar is a Republic of Marshall Islands blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, asset acquisition or other business combination with one or more businesses or entities. Stellar’s units, shares of common stock and warrants are currently listed on the Nasdaq Capital Market under the symbols “STLRU,” “STLR” and “STLRW”, respectively.

Participants in the Merger Proxy Solicitation:

Stellar, Phunware and their respective directors and executive officers and other persons may be deemed to be participants in the solicitations of proxies from Stellar’s shareholders in respect of the proposed transaction. Information regarding Stellar’s directors and executive officers is available in its annual report on Form 10-K filed with the SEC. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests will be contained in the proxy statement when it becomes available.

No Offer or Solicitation:

This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. No offering of securities of Stellar or Phunware shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Cautionary Note Regarding Forward-Looking Statements:

Some of the statements in this release and in presentations by Stellar’s management relating to the matters described herein are or may constitute “forward-looking statements.” Words such as “believe,” “expect,” “anticipate,” “project,” “target,” “optimistic,” “intend,” “aim,” “will”, “may” and variations and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements relating to the proposed transaction and the SEC registration statement and proxy voting process (as well as the combined company’s post-closing activities) include, but are not limited to: (i) statements about the benefits of the transaction involving Stellar and Phunware, including future financial and operating results; (ii) Stellar’s and Phunware’s plans, objectives, expectations and intentions (including with respect to the future Token Sale and the use of proceeds from Stellar’s trust account); (iii) the expected timing of completion of the transaction and the SEC registration statement and proxy voting process; and (iv) other statements relating to the transaction, the SEC registration statement and proxy voting process and the combined company’s post-closing activities that are not historical facts. Forward-looking statements involve estimates, expectations and projections and, as a result, are subject to risks and uncertainties. Actual results could differ materially if not substantially from those described in the forward-looking statements.

Important risks and other factors could cause actual results to differ materially from those indicated by such forward-looking statements. With respect to the transaction, the SEC registration statement and proxy voting process and the combined company’s post-closing activities, such risks and uncertainties include, among many others: (i) the risks associated with Stellar’s SEC registration statement and proxy voting process, including uncertainty regarding the number of Stellar shareholders who may request redemption and whether Phunware shareholders will approve the transaction; (ii) the risk that the benefits to Stellar and its shareholders anticipated from transaction may not be fully realized or may take longer to realize than expected; (iii) the risk that any projections, including earnings, revenues, expenses, synergies, margins or any other financial items are not realized, (iv) the risks associated with concentration of Phunware’s business with certain customers; (v) the potential for reductions in industry profit margins due to, among other factors, declining service revenues; (vi) the inability of the post-closing combined company to expand and diversify the business of Phunware; (vii) changing interpretations of generally accepted accounting principles; (viii) the combined company’s continued compliance with government regulations; changing legislation and regulatory environments; (ix) the ability of the post-closing company to meet Nasdaq’s continued listing standards; (x) the potential for lower return on investment by Phunware’s expected token sale; (xi) the inability of Phunware to manage growth; (xii) requirements or changes affecting the MaaS/SaaS industry; (xiii) the general volatility of market prices of Stellar’s securities and general economic conditions; (xiv) the combined company’s ability to implement new strategies and react to changing market conditions; (xv) risks associated with operating hazards; (xvi) risks associated with competition; (xvii) risks associated with the loss of key personnel; (xviii) unexpected costs, liabilities or delays in the proposed transaction; (xix) the outcome of any legal proceedings related to the transaction; (xx) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement, or (xxi) any of the factors in detailed in the “Risk Factors” section of Stellar’ s filings with the SEC.

The foregoing listing of risks is not exhaustive. These risks, as well as other risks associated with the transaction, will be more fully discussed in Stellar’s registration statement to be filed with the SEC in connection with the transaction. Additional risks and uncertainties are identified and discussed in Stellar’s reports filed or to be filed with the SEC and available at the SEC’s website at http://www.sec.gov. Forward-looking statements included in this press release speak only as of the date of this press release. Stellar undertakes and assumes no obligation, and does not intend, to update Stellar’s forward-looking statements, except as required by law.

Phunware S4 Filing, August 15, 2018

The post Phunware Announces Second Quarter 2018 Financial Results appeared first on Phunware.

Phunware’s platform provides category-defining mobile capabilities that integrate with IoT infrastructure to bring enterprise and brand venues and facilities to life. Working through Tech Data, Phunware solutions—including vertical-focused mobile applications, real-time indoor navigation, mobile engagement, asset tracking, and mobile content management—are available to global, national and regional technology providers who want to create innovative and cutting-edge solutions for their customers.

Phunware helps businesses transform patient, visitor, shopper, resident, employee, fan and other end-user and consumer experiences through iOS and Android mobile solutions that provide real-time utility and engagement. As a result of the partnership, both Phunware and Tech Data are extending their product offering to reach new customers and enable a new level of mobile experience for their end users.

“Since 2009 we have been empowering companies to provide their consumers with engaging, useful and transformative experiences on mobile,” said Alan S. Knitowski, CEO of Phunware. “We are pleased to partner with Tech Data to enable them to deploy Phunware’s solutions to their customers.”

“By partnering with Phunware, we are excited to provide best-in-class enterprise-grade mobile solutions and data-driven solutions to our customers, continuing the standard of quality that they’ve come to expect from Tech Data,” said Michelle Curtis, Director, IoT Solutions, North America, at Tech Data. “Our IoT Solutions team is ready to lend its expertise and help a new set of users uncover the benefits of Phunware.”

About Phunware

Phunware is the pioneer of Multiscreen as a Service (MaaS), a fully integrated suite of platform products, solutions and data that allows brands to engage, manage and monetize their anytime, anywhere mobile application users worldwide. 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. On February 28, 2018, Phunware also announced its intent to go public through a merger with Stellar Acquisition III, Inc (Nasdaq: STLR), a publicly-traded blank check company, and to launch a cryptonetworking Token Generation Event (TGE) called PhunCoin. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit www.phunware.com and follow @phunware on all social media platforms.

About Tech Data

Tech Data connects the world with the power of technology. Our end-to-end portfolio of products, services and solutions, highly specialized skills, and expertise in next-generation technologies enable channel partners to bring to market the products and solutions the world needs to connect, grow and advance. Tech Data is ranked No. 83 on the Fortune 500® and has been named one of Fortune’s World’s Most Admired Companies for nine straight years. To find out more, visit www.techdata.com or follow us on Twitter, LinkedIn and Facebook.

The post Phunware Launches Strategic Distribution Partnership with Tech Data to Offer Best-In-Class Mobile Experiences to the Enterprise appeared first on Phunware.

Austin, Texas [June 5, 2018] – On February 28, 2018, Stellar Acquisition III, Inc. (NASDAQ: STLR), announced that it entered into a definitive agreement to combine with Phunware. Today, Phunware, a leading enterprise cloud platform for mobile that provides software, solutions, data and services for brands worldwide, announced that its subsidiary, PhunCoin, Inc., has launched an offering for a new token pursuant to Rule 506(c) of Regulation D as promulgated under the Securities Act of 1933. The PhunCoin ecosystem is intended to complement and accelerate Phunware’s core business as an enterprise cloud platform for mobile.

Phunware’s nine years of business-to-business leadership has provided seamlessly integrated enterprise software, hardware and data that enables brands to have more engaging, meaningful and loyal consumer connections and experiences in their mobile applications. This success has led the company to develop PhunCoin, an innovative business-to-consumer application of blockchain technology. Once operational, PhunCoin will enable brands to not only reward their consumers, but also to empower them to retake control of both their identity and their personal data.

“We expect that blockchain technology will enable us to deliver immutable solutions to brands and consumers that fiat currency could simply never achieve at our scale,” said Phunware CEO and Co-Founder, Alan S. Knitowski. “Our ability to reach 1 in 10 mobile devices globally through our enterprise cloud platform for mobile will allow us to introduce PhunCoin first to thousands, and subsequently to millions, of people who likely have never owned a digital asset of any type in the past.”

As witnessed by recent Congressional and Parliamentary hearings both here in the United States and elsewhere, consumers, their identities and their data have long been used by corporations with little control or benefit to the individuals affected. However, with Phunware’s scale and reach to more than two and a half billion devices that have used its platform worldwide, including more than one billion unique active devices per month, the company believes that it will be well positioned through PhunCoin to enable and enhance brand experiences globally. PhunCoin intends to reimagine how consumers control their identities, share their data and get compensated for providing their information using digital smart contracts on the blockchain through which consumers can control what they receive from brands in return.

“We look to invest in projects like PhunCoin that bridge the gap between cryptocurrency and real-world users,” said Ari Paul, Chief Investment Officer and Managing Partner of BlockTower Capital.

Launched in Austin in 2009, Phunware has attracted more than $100 million in traditional financing to date from institutional and corporate strategic investors including Cisco Investments, Firsthand Technology Value Fund, Fraser McCombs Ventures, Khazanah Nasional Berhad (Malaysian Sovereign Wealth Fund), Maxima Ventures, PLDT Capital, Samsung Venture Investment Corporation (SVIC), Wavemaker Partners (Draper Venture Network Fund), World Wrestling Entertainment (WWE), Wild Basin Investments, Baylor Angel Network (BAN), Central Texas Angel Network (CTAN) and Houston Angel Network (HAN), amongst others.

“Phunware is among the first of a new wave of large, late stage private and public companies launching tokens for decentralized platforms,” said David Siemer, Co-Founder and General Partner of Wavemaker Genesis. “This may mark the end of an era in crypto as it will be increasingly difficult for early crypto startups to compete with the global scale and resources of companies like Phunware. We were extremely excited to participate in Phunware’s latest investment round and are even more excited to participate with its launch of PhunCoin.”

About Phunware:

General. Phunware is the pioneer of Multiscreen as a Service (MaaS), a fully integrated suite of platform products, solutions and data that allows brands to engage, manage and monetize their anytime, anywhere mobile application users worldwide. 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.

Proposed Merger. On February 28, 2018, Phunware announced its intent to go public through a merger with Stellar Acquisition III, Inc. (Nasdaq: STLR), a publicly-traded blank check company, and to use commercially reasonable efforts to launch PhunCoin. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit www.phunware.com and follow @phunware on all social media platforms.

PhunCoin Whitelist:

https://complyapi.coinlist.co/phuncoin/

Additional Information about the Private Placement under Rule 506(c) of the Rights to be Offered by PhunCoin:

This document does not constitute an offer to sell or the solicitation of an offer to purchase any securities of PhunCoin. This document in not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. Any such offer or solicitation may only be made subject to completion of a Token Rights Agreement and on the terms set forth in the PPM which will contain material information not included herein and shall supersede, amend and supplement this document in its entirety. The securities will be subject to restrictions on transferability and resale. In particular, this document is not intended for distribution in the United States or for the account of U.S. residents, except to persons who are “accredited investors” (as defined in Rule 501(a) under the Securities Act). Investors should have the financial ability and willingness to accept the financial and risk characteristics of an investment in the Rights.

Additional Information About the Merger Transaction between Phunware and Stellar and Where to Find It:

Stellar has filed with the SEC a registration statement on Form S-4 with a proxy statement containing information about the proposed transaction and the respective businesses of Phunware and Stellar. Stellar will mail a final prospectus and definitive proxy statement and other relevant documents after the SEC completes its review. Stellar and Phunware shareholders are urged to read the preliminary prospectus and proxy statement and any amendments thereto and the final prospectus and definitive proxy statement in connection with the solicitation of proxies for the special meetings to be held to approve the proposed transaction, because these documents will contain important information about Stellar, Phunware and the proposed transaction. The final prospectus and definitive proxy statement will be mailed to shareholders of Stellar and Phunware of a record date to be established for voting on the proposed transaction. Shareholders will also be able to obtain a free copy of the proxy statement, as well as other filings containing information about Stellar, without charge, at the SEC’s website (www.sec.gov) or by calling 1-800-SEC-0330. Copies of the proxy statement and other filings with the SEC can also be obtained, without charge, by directing a request to: Stellar Acquisition III Inc., 90 Kifisias Avenue, Marousi 15125, Athens, Greece. Additionally, all documents filed with the SEC can be found on Stellar’s website, www.stellaracquisition.com.

About Stellar:

Stellar is a Republic of Marshall Islands blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, asset acquisition or other business combination with one or more businesses or entities. Stellar’s units, shares of common stock and warrants are currently listed on the Nasdaq Capital Market under the symbols “STLRU,” “STLR” and “STLRW”, respectively.

Participants in the Merger Proxy Solicitation:

Stellar, Phunware and their respective directors and executive officers and other persons may be deemed to be participants in the solicitations of proxies from Stellar’s shareholders in respect of the proposed transaction. Information regarding Stellar’s directors and executive officers is available in its annual report on Form 10-K filed with the SEC. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests will be contained in the proxy statement when it becomes available.

No Offer or Solicitation:

This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. No offering of securities of Stellar or Phunware shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Cautionary Note Regarding Forward-Looking Statements:

Some of the statements in this release and in presentations by Stellar’s management relating to the matters described herein are or may constitute “forward-looking statements.” Words such as “believe,” “expect,” “anticipate,” “project,” “target,” “optimistic,” “intend,” “aim,” “will”, “may” and variations and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements relating to the proposed transaction and the SEC registration statement and proxy voting process (as well as the combined company’s post-closing activities) include, but are not limited to: (i) statements about the benefits of the transaction involving Stellar and Phunware, including future financial and operating results; (ii) Stellar’s and Phunware’s plans, objectives, expectations and intentions (including with respect to the future Token Sale and the use of proceeds from Stellar’s trust account); (iii) the expected timing of completion of the transaction and the SEC registration statement and proxy voting process; and (iv) other statements relating to the transaction, the SEC registration statement and proxy voting process and the combined company’s post-closing activities that are not historical facts. Forward-looking statements involve estimates, expectations and projections and, as a result, are subject to risks and uncertainties. Actual results could differ materially if not substantially from those described in the forward-looking statements.

Important risks and other factors could cause actual results to differ materially from those indicated by such forward-looking statements. With respect to the transaction, the SEC registration statement and proxy voting process and the combined company’s post-closing activities, such risks and uncertainties include, among many others: (i) the risks associated with Stellar’s SEC registration statement and proxy voting process, including uncertainty regarding the number of Stellar shareholders who may request redemption and whether Phunware shareholders will approve the transaction; (ii) the risk that the benefits to Stellar and its shareholders anticipated from transaction may not be fully realized or may take longer to realize than expected; (iii) the risk that any projections, including earnings, revenues, expenses, synergies, margins or any other financial items are not realized, (iv) the risks associated with concentration of Phunware’s business with certain customers; (v) the potential for reductions in industry profit margins due to, among other factors, declining service revenues; (vi) the inability of the post-closing combined company to expand and diversify the business of Phunware; (vii) changing interpretations of generally accepted accounting principles; (viii) the combined company’s continued compliance with government regulations; changing legislation and regulatory environments; (ix) the ability of the post-closing company to meet Nasdaq’s continued listing standards; (x) the potential for lower return on investment by Phunware’s expected token sale; (xi) the inability of Phunware to manage growth; (xii) requirements or changes affecting the MaaS/SaaS industry; (xiii) the general volatility of market prices of Stellar’s securities and general economic conditions; (xiv) the combined company’s ability to implement new strategies and react to changing market conditions; (xv) risks associated with operating hazards; (xvi) risks associated with competition; (xvii) risks associated with the loss of key personnel; (xviii) unexpected costs, liabilities or delays in the proposed transaction; (xix) the outcome of any legal proceedings related to the transaction; (xx) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement, or (xxi) any of the factors in detailed in the “Risk Factors” section of Stellar’ s filings with the SEC.

The foregoing listing of risks is not exhaustive. These risks, as well as other risks associated with the transaction, will be more fully discussed in Stellar’s registration statement to be filed with the SEC in connection with the transaction. Additional risks and uncertainties are identified and discussed in Stellar’s reports filed or to be filed with the SEC and available at the SEC’s website at http://www.sec.gov. Forward-looking statements included in this press release speak only as of the date of this press release. Stellar undertakes and assumes no obligation, and does not intend, to update Stellar’s forward-looking statements, except as required by law.

The post Phunware Launches a $100 Million PhunCoin Token Rights Sale appeared first on Phunware.

Austin, Texas [May 17, 2018] – Today Phunware, a mobile technology company developing complex digital ecosystems for marquee brands worldwide, announced that Barbary Brunner has been named its Chief Marketing Officer.

Brunner most recently served as CEO of the Austin Technology Council (ATC) and brings 25 years of global technology leadership experience to the role of CMO at Phunware. Her previous positions have included CMO for Experian’s PriceGrabber business, CMO for Yahoo! Media, Chief Digital Products Officer for MediaNews Group, Director of Global Planning for Microsoft’s MSN business and Executive Producer for SierraOnline, among others. Brunner began her career as a Program Manager at Microsoft in the early 90s. She will channel her expertise in brand and team leadership and development to support Phunware as it works to enter the public markets on NASDAQ, launches a PhunCoin cryptonetworking ecosystem and prepares for its next stage of remarkable growth.

As CMO, Brunner will be responsible for driving Phunware’s global brand marketing and communications strategy, reporting to Alan S. Knitowski, Phunware’s Co-Founder and Chief Executive Officer.

Knitowski has pursued a unique strategy in building out a world-class senior executive team, including the addition of five former CEOs or Presidents. Brunner joins recent hire COO Randall Crowder, GM Audience Building and Monetization Ian Karnell, EVP Product Management and Engineering Matthew Lindenberger and EVP Corporate Development Tushar Patel, along with CFO Matt Aune and Co-Founder and CTO Luan Dang.

“With our announced intent to merge with NASDAQ company Stellar Acquisition III, Inc, and upcoming launch of PhunCoin, we are at a pivotal moment in Phunware’s history and in the larger landscapes of mobile application software, media and data,” said Knitowski. “Taking advantage of this moment requires a marketing leader with vision and expertise. Barbary possesses these and more, and we are thrilled to welcome her to Phunware’s executive leadership team.”

“I’m excited to have the opportunity to join this terrific team of leaders. I can’t think of a more perfect mutual fit than Phunware’s platform, tools and data that touch and improve the lives of more than one billion people globally every month. The breadth and depth of engagement opportunities that Phunware makes available to brands is unprecedented,” Brunner said. “And I’m also so very pleased to be joining a company that, at 50 percent diversity in its employee population and with a diverse leadership team, understands how important this is to drive product excellence, customer satisfaction and revenue results.”

About Phunware

Phunware is the pioneer of Multiscreen as a Service (MaaS), a fully integrated suite of platform products, solutions and data that allows brands to engage, manage and monetize their anytime, anywhere mobile application users worldwide. 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. On February 28, 2018, Phunware also announced its intent to go public through a merger with Stellar Acquisition III, Inc (Nasdaq: STLR), a publicly-traded blank check company, and to launch a cryptonetworking Token Generation Event (TGE) called PhunCoin. For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit www.phunware.com and follow @phunware on all social media platforms.

The post Phunware Announces Barbary Brunner as Chief Marketing Officer appeared first on Phunware.

Austin, Texas [April 18, 2018] – Today Phunware, an enterprise mobile software company whose mobile application lifecycle management platform helps brands engage, manage and monetize mobile users worldwide, announced a partnership with Kontakt.io, a global IoT (Internet of Things) platform provider. The partnership pairs BLE (Bluetooth Low Energy) beacon hardware from Kontakt.io with Phunware’s powerful platform to enable real-time indoor wayfinding, workflow optimization and a host of other use cases. It also makes Phunware Kontakt.io’s solution partner, which means Phunware’s solutions can be offered to Kontakt.io’s end customers.

Across industries, enterprises with physical venues (hospitals, retail stores, live event venues, manufacturing facilities, corporate campuses, etc.) struggle to engage site visitors and optimize business operations. Internet of Things and location-based technologies help address these problems, giving these companies tools previously reserved for the online space. Their adoption proves that digital transformation is rapidly progressing: Gartner estimates that in 2017, 30% of enterprises had adopted IoT products and by 2020, this number is expected to reach 65%.

Phunware helps businesses transform the patient, visitor, shopper, resident, employee, fan and other customer experience with iOS and Android mobile solutions that provide real-time utility and engagement. The partnership with Kontakt.io adds a location and IoT layer to Phunware’s solutions to enable real-time “blue dot” indoor navigation, trigger actions, track equipment and more. Having designated Phunware as a solution partner, Kontakt.io can now directly offer Phunware software and applications to its end customers who are looking for out-of-the-box solutions. As a result of the partnership, both companies are extending their product offering and expecting to reach new customers.

“At Kontakt.io, we are making the Internet of Things as easy as consumer technologies, so Phunware’s engaging, easy-to-use software was a natural fit for us,” said Philipp von Gilsa, CEO at Kontakt.io. “Phunware’s team has the expertise and product needed to drive the digital transformation of healthcare, retail and other verticals on a massive scale. We are excited to work with Phunware to make this shift happen.”

“We are thrilled to begin this journey with our partners at Kontakt.io, leaders in BLE technology,” said Alan S. Knitowski, CEO and Co-Founder of Phunware. “Location accuracy and precision are critical when creating amazing mobile experiences for enterprise customers and their end users. We chose to partner with Kontakt.io because their hardware offers industry-leading accuracy, reliability and scalability.”

Phunware’s Location-Based Services module for iOS and Android can be embedded within a fully configurable Phunware-managed app or within a customer’s existing app. Joint implementations between Phunware and Kontakt.io to date include healthcare and corporate campus facilities.

About Phunware

Phunware is the pioneer of Multiscreen as a Service (MaaS), a fully integrated suite of platform products, solutions and data that allows brands to engage, manage and monetize their anytime, anywhere mobile application users worldwide. 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. On February 28, 2018, Phunware also announced its intent to go public through a merger with Stellar Acquisition III, Inc (Nasdaq: STLR), a publicly-traded blank check company, and to launch a cryptonetworking Token Generation Event (TGE). For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit www.phunware.com and follow @phunware on all social media platforms.

About Kontakt.io

Kontakt.io digitalizes the physical world. Our Internet of Things (IoT) platform and Bluetooth Low Energy (BLE) tags and beacons are the cornerstone of solutions improving mobile customer experience, indoor wayfinding, asset and people visibility and condition monitoring. We focus on public spaces, healthcare and food and pharma supply chains. With more than two million devices shipped, hundreds of installations in place and a global customer and partner base of 20,000 businesses, we are the number one beacon provider globally. Reducing the risk of IoT project failure through high quality technology, expertise and support has garnered Kontakt.io a loyal customer base that continues to grow. Our in-house R&D focuses on connecting artificial intelligence, blockchain and IoT. To date, Kontakt.io has raised seven million dollars in venture capital.

The post Phunware Announces Partnership with Kontakt.io to Create Richer Location-Powered Mobile Experiences appeared first on Phunware.

Austin, TX [March 19, 2018] – Today Phunware, an enterprise mobile software company whose mobile application lifecycle management platform helps brands engage, manage and monetize mobile users worldwide, announced the launch of Go Vegas, a new Apple TV app for the City of Las Vegas. The app hosts multiple channels showcasing many areas of the City of Las Vegas, from new businesses and events to local city council meetings.

Las Vegas attracts nearly 40 million tourists and hosts over 22,000 events each year. The Go Vegas Apple TV app showcases the local economy, attracts new businesses and keeps current residents up-to-date on municipal activities. Content in the app includes video vignettes and shows like the Daily Dose and Li’l Mayors that promote the city’s local happenings outside of tourist attractions. Residents can also tune in to a dedicated city government channel that streams resident-focused content such as city council meetings.

“Las Vegas is a world-class city undergoing a game-changing digital transformation,” said Alan S. Knitowski, CEO and co-founder of Phunware. “We’re proud to be part of the select list of industry-leading partners the city is bringing on to support its journey. The City of Las Vegas Apple TV app provides a one-of-a-kind experience for residents, businesses and tourists. We’re excited to work with the city’s team to bring users this next-gen TV experience.”

“Phunware is helping to further the city of Las Vegas’ digital transformation efforts,” said Michael Sherwood, CIO of City of Las Vegas. “By joining new channels and platforms like Apple TV, we will be able to better engage and collaborate with our constituents—tourists, residents or business partners—and introduce a whole new audience to what the city has to offer.”

The Go Vegas Apple TV app is available to download in the App Store for any tvOS-enabled device.

About Phunware

Phunware is the pioneer of Multiscreen as a Service (MaaS), a fully integrated suite of platform products, solutions and data that allows brands to engage, manage and monetize their anytime, anywhere mobile application users worldwide. 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. On February 28, 2018, Phunware also announced its intent to go public through a merger with Stellar Acquisition III, Inc (Nasdaq: STLR), a publicly-traded blank check company, and to launch a cryptonetworking Token Generation Event (TGE). For more information about how Phunware is transforming the way consumers and brands interact with mobile in the virtual and physical worlds, visit www.phunware.com and follow @phunware on all social media platforms.

The post City of Las Vegas and Phunware Team Up to Bring Local Highlights to Apple TV App appeared first on Phunware.

The transaction with Phunware enables Stellar to enter two of the most innovative and rapidly growing sectors within the technology space: mobile cloud software and blockchain. Phunware’s mobile application lifecycle management platform delivers mobile engagement, analytics and business intelligence, alerts, notifications and messaging, content management, location-based services, audience engagement, audience monetization, vertical solutions, big data and cryptonetworking. The platform processes over 4 billion events per day, totaling over 1.4 trillion events per year. This amounts to petabytes of actionable data across thousands of mobile application portfolios. Currently, Phunware receives revenue from a large and diversified customer base that includes numerous Fortune 5000 companies in both Software-as-a-Service (SaaS) via recurring revenue streams and transactional formats.

Phunware intends to initiate within the 1^st half of 2018 a Token Generation Event (“TGE”) based on its “PhunCoin” cryptonetworking ecosystem.

Phunware was established in February 2009, and has grown rapidly to date through acquisitions and venture capital offerings to strategic investors and partners. The company today has notable investors such as Wavemaker Partners (Draper Network Fund), Fraser McCombs Ventures, Maxima Ventures, Samsung, Cisco Investments, World Wrestling Entertainment, PLDT Capital, Central Texas Angel Network (CTAN), Baylor Angel Network (BAN) and others. We believe that having strategic partners with aligned interests is important in the achievement of common goals.

Following the closing, the common stock and warrants of the combined entity are expected to trade on the NASDAQ Stock Market under the name Phunware, Inc. and trading symbols “PHUN” and “PHUNW”, respectively. The combined company will be led by Mr. Alan S. Knitowski, who will continue as Phunware’s Chief Executive Officer, and Mr. Matthew Aune, who will continue as Phunware’s Chief Financial Officer. As part of the transaction, the combined company will redomesticate from the Marshall Islands (Stellar’s jurisdiction of formation) to Delaware.

Management Commentary

Mr. Alan S. Knitowski, CEO of Phunware, said, “Our stated goal has always been to reach every connected device on Earth through mobile applications, and this transaction turbocharges our ability to achieve that vision. With a current reach to over one in ten devices worldwide, our platform is a formidable foundation to build upon. Merging with Stellar will enable us to scale that foundation through organic and inorganic growth, including the PhunCoin Token Generation Event. We are extremely proud of this important milestone and are excited for the future.”

Mr. Matt Aune, CFO of Phunware, added, “Since Phunware’s founding in 2009, we have seen dramatic growth both financially and as a platform. We are now at an exciting stage of our development where we are prepared to take our products and scale to the next level, and this transaction provides the resources that we will use to implement our ambitious plans worldwide.”

Mr. Akis Tsirigakis, Co-CEO of Stellar, stated “We are very pleased to announce this transaction and our entry into the mobile cloud software and blockchain sectors, both extremely attractive and rapidly growing market segments, with great potential for many years to come. Phunware is in the process of implementing its ambitious plan to become the global leader in Multiscreen as a Service (MaaS) and becoming a public company, which will allow Phunware to further enhance its quality and governance foundations.”

Mr. George Syllantavos, Co-CEO of Stellar, added “Through this transaction, we offer our shareholders the opportunity to participate in the growth prospects of this innovative company within the exciting MaaS/SaaS/blockchain sectors. Phunware is a company on the forefront of technological advancements, having the vision and unique ability to integrate mobile cloud software and blockchain technology for the benefit of the global consumer. We are excited about the future and are committed to contribute to the company’s success.”

Overview of Phunware

Phunware is the pioneer of Multiscreen as a Service (MaaS), a fully integrated suite of platform products, solutions and data that allows brands to engage, manage and monetize their anytime, anywhere mobile application users worldwide. Phunware creates category-defining mobile experiences for the world’s most respected brands, with petabytes of data across thousands of mobile application portfolios. Its offerings include:

• Enterprise mobile software including content management, location-based services, mobile engagement, business intelligence and analytics, alerts, notifications and messaging, audience engagement, audience monetization, vertical solutions and cryptonetworking, as well as an Application Framework for developers and publishers building their own mobile applications in-house;
• Media for mobile audience building and activation, application discovery, brand awareness, user engagement, user monetization and more; and
• Data for audience insights, campaign engagement and business process optimization.

Phunware will use commercially reasonable efforts to launch PhunCoin, a blockchain-powered utility token and ecosystem that enables consumers, brands and application developers to transact directly and create a value-based and voluntary data exchange.

Summary of the Transaction

Under the terms of the Merger Agreement, Phunware shareholders will receive consideration in the form of newly issued Stellar equity securities, valued based on an enterprise value of $301 million for Phunware and subject to customary adjustments for cash and debt and, at the election of Phunware’s shareholders, acquire from Stellar sponsors up to 929,890 warrants to purchase Stellar common stock at $0.50 per warrant. In addition, all Phunware stock options and warrants will be assumed by Stellar in the transaction as part of the merger consideration. Cash proceeds released from Stellar’s trust account after any shareholder redemptions and payment of transaction expenses and other Stellar liabilities shall remain with the combined company, and Phunware intends to use the cash proceeds from the trust account to grow its business, fund inorganic growth initiatives and for working capital.

The transaction is subject to the satisfaction of customary closing conditions.  The transaction is currently expected to close in the second quarter of 2018.

The description of the transaction contained herein is only a summary and is qualified in its entirety by reference to the definitive Merger Agreement relating to the transaction, a copy of which will be filed by Stellar with the Securities and Exchange Commission (the “SEC”) as an exhibit to a Current Report on Form 8-K.

Additional Information About the Transaction and Where to Find It

Stellar intends to file with the SEC a registration statement on Form S-4 with a proxy statement containing information about the proposed transaction and the respective businesses of Phunware and Stellar. Stellar will mail a final prospectus and definitive proxy statement and other relevant documents after the SEC completes its review. Stellar and Phunware shareholders are urged to read the preliminary prospectus and proxy statement and any amendments thereto and the final prospectus and definitive proxy statement in connection with the solicitation of proxies for the special meetings to be held to approve the proposed transaction, because these documents will contain important information about Stellar, Phunware and the proposed transaction. The final prospectus and definitive proxy statement will be mailed to shareholders of Stellar and Phunware of a record date to be established for voting on the proposed transaction. Shareholders will also be able to obtain a free copy of the proxy statement, as well as other filings containing information about Stellar without charge, at the SEC’s website (www.sec.gov) or by calling 1-800-SEC-0330. Copies of the proxy statement and other filings with the SEC can also be obtained, without charge, by directing a request to: Stellar Acquisition III Inc., 90 Kifisias Avenue, Marousi 15125, Athens, Greece. Additionally, all documents filed with the SEC can be found on Stellar’s website, www.stellaracquisition.com.

Advisors and Counsel

Maxim Group LLC and Graceworth Ltd. are acting as financial advisors to Stellar in connection with the proposed transaction. Ellenoff Grossman & Schole LLP is acting as counsel to Stellar. BTIG LLC is acting as financial advisor to Phunware in connection with the proposed transaction. Wilson Sonsini Goodrich & Rosati, P.C. is acting as counsel to Phunware.

About Stellar

Stellar is a Republic of Marshall Islands blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, asset acquisition or other business combination with one or more businesses or entities. Stellar’s units, shares of common stock and warrants are currently listed on the Nasdaq Capital Market under the symbols “STLRU,” “STLR” and “STLRW, respectively.

Participants in the Solicitation

Stellar, Phunware and their respective directors and executive officers and other persons may be deemed to be participants in the solicitations of proxies from Stellar’s shareholders in respect of the proposed transaction. Information regarding Stellar’s directors and executive officers is available in its annual report on Form 10-K filed with the SEC. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests will be contained in the proxy statement when it becomes available.

No Offer or Solicitation

This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Cautionary Note Regarding Forward-Looking Statements

Some of the statements in this release and in presentations by Stellar’s management relating to the matters described herein are or may constitute “forward-looking statements.” Words such as “believe,” “expect,” “anticipate,” “project,” “target,” “optimistic,” “intend,” “aim,” “will”, “may” and variations and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements relating to the proposed transaction and the SEC registration statement and proxy voting process (as well as the combined company’s post-closing activities) include, but are not limited to: (i) statements about the benefits of the transaction involving Stellar and Phunware, including future financial and operating results; (ii) Stellar’s and Phunware’s plans, objectives, expectations and intentions (including with respect to the future Token Generation Event and the use of proceeds from Stellar’s trust account); (iii) the expected timing of completion of the transaction and the SEC registration statement and proxy voting process; and (iv) other statements relating to the transaction, the SEC registration statement and proxy voting process and the combined company’s post-closing activities that are not historical facts. Forward-looking statements involve estimates, expectations and projections and, as a result, are subject to risks and uncertainties. Actual results could differ materially if not substantially from those described in the forward-looking statements.

Important risks and other factors could cause actual results to differ materially from those indicated by such forward-looking statements. With respect to the transaction, the SEC registration statement and proxy voting process and the combined company’s post-closing activities, such risks and uncertainties include, among many others: (i) the risks associated with Stellar’s SEC registration statement and proxy voting process, including uncertainty regarding the number of Stellar shareholders who may request redemption and whether Phunware shareholders will approve the transaction; (ii) the risk that the benefits to Stellar and its shareholders anticipated from transaction may not be fully realized or may take longer to realize than expected; (iii) the risk that any projections, including earnings, revenues, expenses, synergies, margins or any other financial items are not realized, (iv) the risks associated with concentration of Phunware’s business with certain customers; (v) the potential for reductions in industry profit margins due to, among other factors, declining service revenues; (vi) the inability of the post-closing combined company to expand and diversify the business of Phunware; (vii) changing interpretations of generally accepted accounting principles; ( viii) the combined company’s continued compliance with government regulations; changing legislation and regulatory environments; (ix) the ability of the post-closing company to meet Nasdaq’s continued listing standards; (x) the potential for lower return on investment by Phunware’s expected TGE; (xi) the inability of Phunware to manage growth; (xii) requirements or changes affecting the MaaS/SaaS industry; (xiii) the general volatility of market prices of Stellar’ s securities and general economic conditions; ( xiv) the combined company’s ability to implement new strategies and react to changing market conditions; (xv) risks associated with operating hazards; (xvi) risks associated with competition; (xvii) risks associated with the loss of key personnel; (xviii) unexpected costs, liabilities or delays in the proposed transaction; (xix) the outcome of any legal proceedings related to the transaction; (xx) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement or (xxi) any of the factors in detailed in the “Risk Factors” section of Stellar’ s filings with the SEC.

The foregoing listing of risks is not exhaustive. These risks, as well as other risks associated with the transaction, will be more fully discussed in Stellar’s registration statement to be filed with the SEC in connection with the transaction. Additional risks and uncertainties are identified and discussed in Stellar’s reports filed or to be filed with the SEC and available at the SEC’s website at http://www.sec.gov. Forward-looking statements included in this press release speak only as of the date of this press release. Stellar undertakes and assumes no obligation, and does not intend, to update Stellar’s forward-looking statements, except as required by law.

The post Stellar Acquisition III, Inc. Signs Definitive Agreement to Combine with Phunware, Inc. and Enter the Mobile Cloud Software and Blockchain Sectors appeared first on Phunware.

SALTO Systems is a worldwide leading manufacturer in battery-operated RFID locking systems supplying its solutions to a variety of industry verticals including multi family residential, healthcare, education, transport, government, and hospitality. Phunware’s enterprise mobile app lifecycle management platform helps brands engage, manage and monetize mobile users worldwide.

The first joint project—a luxury high rise in Miami with hundreds of doors—leverages an integration between the SALTO and Phunware platforms to allow residents to manage SALTO electronic locks with the same Phunware-powered application they use to submit work orders, receive package delivery notifications and other luxury living essentials. The integration eliminates the need for a physical access card by securely sending a mobile key to a registered and verified iOS or Android device. If the device is lost or stolen, access can immediately be updated.

The project will function using a SHIP integration with the Phunware mobile application. SHIP is a proprietary communications protocol based on a software dialog that allows third-party access control providers to manage and control SALTO offline and wireless locking devices by way of their own software graphical user interface (GUI). Even though the SALTO locks are governed by the SALTO service, the operations are triggered from Phunware’s GUI.

“This is an innovative integration that draws on strengths from both SALTO and Phunware to deliver user-friendly access control at an enterprise level,” said SALTO Senior Vice President of Commercial Sales Michael J. Mahon. “As a leading access control provider for multi family developments, SALTO is enriching our products for this important vertical and by working with Phunware we deliver a solution that is robust and efficient.”

“With the integration of SALTO’s mobile access control, our mobile solutions for residential and mixed-use real estate continue to set industry standards,” said Alan S. Knitowski, Phunware CEO and co-founder. “Transforming the user experience for residents, patients, shoppers, fans and all other mobile consumers is a key part of the mobile future we’ve envisioned at Phunware since 2009. We’re excited to begin working with SALTO to transform the resident experience for users across the country.”

About SALTO Systems

SALTO Systems is a global leader in the development and manufacture of world-class access control solutions, particularly in sectors where security is critical – hospitality, airports, healthcare, government, education, sports and entertainment venues, and more. The company revolutionized access control with a pioneering approach that featured the first stand-alone, battery-powered electronic lock; the SALTO Virtual Network (SVN) data-on-card technology; and the first wireless access control system that combined a stand-alone locking device with online, real-time capabilities – all without using wires or mechanical keys. SALTO’s leading-edge hardware and software technologies are in use in more than 15,000 installations worldwide, with an estimated 20 million daily users. SALTO is headquartered in northern Spain, with local offices in 25 countries and a partner network that extends its reach to nearly every region of the globe.

About Phunware

Phunware is the pioneer of Multiscreen as a Service (MaaS), a fully integrated suite of platform products, solutions and data that allows brands to engage, manage and monetize their anytime, anywhere mobile application users worldwide. Phunware creates category-defining mobile experiences for the world’s most respected brands, with more than 800 million 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 www.phunware.com and follow us on social media at @phunware.

The post SALTO Systems Announces Partnership with Phunware to Deliver Mobile Access Control Solutions to Multi Family Developments appeared first on Phunware.