Press release

Phunware Announces New Data and Knowledge Graph Products

Sponsored by Businesswire

, a fully-integrated enterprise cloud platform
for mobile that provides products, solutions, data and services for
brands worldwide, today announced a new suite of data
and knowledge
products for its Multiscreen
as a Service (MaaS) platform
that enable key insights into mobile audience
and monetization
through expanded data relationships.

During the first quarter of 2019, our MaaS platform reached over 1
billion unique devices per month and processed an average of over 4
billion events per day worldwide, utilizing near real-time data
processing pipelines, enrichment capabilities and a connected data model
to provide a broad base of data capabilities and analysis for brands and
digital marketers.

The new product releases, which expand Phunware’s data model with
entities including media interactions, indoor wireless network events
and in-application consumption and usage events, come in conjunction
with a key scale milestone in which its MaaS platform now reaches more
than 130 million unique devices monthly via directly-sourced,
high-quality location data. This rich location data, coupled with
Phunware’s updated open ontology,
enables brands and digital marketers leveraging the platform to unlock
new actionable insights while gaining unparalleled visibility into their
mobile user engagement and location-based audiences.

“We are extremely excited releasing the next iteration of our company’s
knowledge graph and ontology for MaaS,” said Matthew Lindenberger, EVP
of Product Management & Engineering of Phunware. “Our connected data
model, coupled with its high-quality location awareness both indoors and
outdoors, is paramount to our customers’ success in engaging and
monetizing their mobile audiences while driving core business results
within their physical and virtual properties.”

Safe Harbor Clause and Forward-Looking

This press release includes forward-looking statements. All statements
other than statements of historical facts contained in this press
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and financial position, business strategy and plans, and our objectives
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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
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performance to be materially different from those expressed or implied
by these forward-looking statements. These risks and uncertainties
include, but are not limited to, those factors described under the
heading “Risk Factors” in our filings with the Securities and Exchange
Commission (SEC), including our reports on Forms 10-K, 10-Q, 8-K and
other filings that we make with the SEC from time to time. Should one or
more of these risks or uncertainties materialize, or should any of our
assumptions prove incorrect, actual results may vary in material
respects from those projected in these forward-looking statements. We
undertake no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise, except as may be required under applicable securities laws.
These risks and others described under “Risk Factors” in our SEC filings
may not be exhaustive.

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

About Phunware, Inc.

Everything You Need to Succeed on Mobile — Transforming Digital Human

, 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
, mobile
, content
, 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,
and follow @phunware and @phuncoin on all social media platforms.