Phunware reports developments tied to its enterprise cloud platform for mobile-first software products, solutions, data, and services that enable brands to engage, manage, and monetize mobile audiences. Company updates commonly cover software subscriptions and services, advertising activity, customer momentum, revenue trends, gross margin, cash use, and non-GAAP operating measures.
Recent news also reflects Phunware’s focus on hospitality and related mobile experiences, including AI Concierge, on-property mapping, live wayfinding, guest engagement, and customer deployments in hospitality and healthcare. Governance updates, annual meeting matters, board appointments, and leadership changes are recurring corporate themes for PHUN.
Phunware, Inc. (NASDAQ: PHUN) has announced its 2021 roadmap for launching a blockchain-enabled Customer Data Platform (CDP) and Mobile Loyalty Ecosystem. This dual-token ecosystem will utilize PhunCoin and Phun Tokens, managed through the PhunWallet app. Key milestones include reducing token supply, releasing SDKs for mobile publishers, launching the PhunWallet app, and listing tokens on exchanges. The company aims to enhance user data ownership and engagement, driving growth in its mobile services.
Phunware, Inc. (NASDAQ: PHUN) has expanded its contract with Baptist Health South Florida, increasing coverage across an additional 3.1 million square feet of medical facilities. This expansion raises the total contract value to over $1 million and enhances the capacity of its Multiscreen-as-a-Service (MaaS) platform. The deployment aims to improve patient interaction and navigation within the healthcare environment, supporting the digital transformation initiatives of Baptist Health. The MaaS platform is designed for seamless indoor-outdoor transitions and is ADA compliant.
Phunware (NASDAQ: PHUN) will present at the Annual Needham Growth Conference from January 11-15, 2021. The live presentation is scheduled for January 15 at 10:00 a.m. ET. One-on-one meetings will also take place during the conference. Investors can access the live webcast and replay here.
Phunware, Inc. (NASDAQ: PHUN) announced the release of its mobile app, Healthy Spaces, now available on Google Play for Android. This app helps individuals and businesses schedule events and perform contactless check-ins, ensuring safe gatherings. Users can create health profiles to track medical activities and symptoms, promoting responsible social interactions. The app will also integrate with existing apps via a Software Development Kit (SDK). This initiative aims to support safer workplace and event protocols, aligning with increased demand for social engagement.
Phunware, Inc. (NASDAQ: PHUN) has announced its receipt of the Privacy Shield certification, enabling compliance with data protection requirements for transferring personal data between the EU, Switzerland, and the United States. The certification is crucial for Phunware's operations, as it handles data from approximately one billion active devices monthly, emphasizing the importance of data privacy. CTO Luan Dang highlighted the company's commitment to stringent data protection standards, aligning with regulations like the California Consumer Privacy Act (CCPA) and General Data Protection Regulation (GDPR).
Phunware, Inc. (NASDAQ: PHUN) has engaged Stout Capital to monetize its intellectual property (IP) portfolio. This strategic move aims to enhance shareholder value through non-dilutive licensing and commercialization opportunities backed by Phunware's financial assets. The U.S. IP portfolio includes 17 issued patents and 4 pending applications, with the latest being United States Patent No. 10,740,799, focusing on mobile application frameworks. Tushar Patel, EVP of Corporate Development, expressed excitement about leveraging Stout's industry connections for maximizing IP value while maintaining ownership.
Phunware, Inc. (NASDAQ: PHUN) has announced a new partnership with Virginia Hospital Center Health System (VHC) to deliver a comprehensive mobile application aimed at enhancing patient experiences in over 850,000 square feet of their medical facilities. The app will integrate services such as appointment scheduling, telehealth, and navigation within the hospital. VHC, a recognized leading healthcare provider, aims to streamline operations and improve patient care through Phunware’s Multiscreen-as-a-Service (MaaS) technology, which includes features like real-time positioning and EHR integration.
Phunware, Inc. (NASDAQ: PHUN) has been invited to present at the Virtual Fall Investor Summit on November 18 at 1:30 p.m. Central time. The company is known for its enterprise cloud platform for mobile, offering comprehensive products, solutions, data, and services. The presentation will be available for live webcast and replay. Additionally, Phunware management will host one-on-one meetings throughout the conference, providing investors with opportunities for direct engagement.
Phunware, Inc. (NASDAQ: PHUN) has partnered with Phynd Technologies to deploy its mobile digital front door for healthcare organizations in the U.S. This collaboration aims to enhance patient engagement and streamline healthcare processes. Phunware's Multiscreen-as-a-Service (MaaS) platform will enable seamless integrations with electronic health records and telehealth providers. Key features include appointment reminders, indoor positioning, prescription management, and analytics capabilities. The partnership targets improved patient satisfaction and operational efficiency in healthcare delivery.
Phunware, a mobile enterprise cloud platform, will host a conference call on November 9, 2020, at 5:00 p.m. ET to discuss its third-quarter financial results, which ended on September 30, 2020. The results will be released before the call. Interested parties can join via the U.S. dial-in number (844) 369-8770 or international number (862) 298-0840. The call will include a Q&A session, and it will be available for replay on the company’s investor relations website.