Phunware Recognized as Top 10 Indoor Positioning Solution Provider

AUSTIN, Texas—-Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, today announced its selection by CIO Applications as one of the Top 10 Indoor Positioning Solution Providers for 2019.

Phunware, Inc. (NASDAQ: PHUN) receives the Certificate of Honor from CIO Applications for Indoor Positioning.

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Phunware’s hardware-agnostic, Multiscreen as a Service (MaaS) platform can ingest location data from a wide range of device types, networks and sensors, including GPS, Wi-Fi access points, physical and virtual Bluetooth (BLE) beacons, accelerometers, compasses and now even cutting-edge smart lighting. This revolutionary new three-dimensional software fusion technology leads the industry in location accuracy, with precision down to 4 centimeters, in real-time, to enable everything from wayfinding to navigation location sharing to real-time location triggers and services – even for the visually, hearing and physically impaired.

“We have received numerous patents for our location technology since inception in 2009,” said Luan Dang, Co-Founder and Chief Technology Officer of Phunware. “Over the past decade, these patents have enabled us to accurately locate mobile devices both indoors and outdoors, onshore and offshore, on the ground and in the air, with virtually no latency, in real-time, to deliver flawless user and 1:1 user interaction experiences on mobile.”

Phunware’s MaaS Location Based Services Software (LBS) Development Kits (SDKs) can be seamlessly integrated into any iOS or Android mobile application portfolios for brands and their mobile audiences in order to provide feature-rich, interactive maps and triggers for real-time indoor positioning, navigation, wayfinding, engagement, loyalty and monetization. Thanks to the Company’s advanced caching, technology fusion and machine learning software, the MaaS LBS SDK in-app navigation experience on mobile continues uninterrupted even if application users lose their Wi-Fi or network connectivity.

“Context-aware, location-based marketing is the future of mobile engagement, because it enables brands to get the right message to the right consumer at the right time in the right place,” said Randall Crowder, Chief Operating Officer of Phunware. “For example, our location technology allows brands to autonomously reward and compensate consumers with Phun utility tokens for any profitable behaviors that they perform in the real world.”

Phunware is transforming digital human experience by enabling brands to standardize on its enterprise cloud platform for mobileand take advantage of use cases and features including indoor positioning. By leveraging all of Phunware’s MaaS capabilities, including its Knowledge Graph and data ontology across more than one billion monthly active devices, brands can deploy immersive mobile ecosystems that leverage information in the virtual world to inform real-world interactions based on key triggers such as a consumer’s location in three dimensions.

CIO Applications will publish its official review of Phunware’s Indoor Positioning Solution next month. For more information on Phunware’s MaaS Location Based Services, visit https://www.phunware.com/platform/lbs/.