{"id":388588,"date":"2020-11-25T10:03:24","date_gmt":"2020-11-25T15:03:24","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=388588"},"modified":"2020-11-25T10:03:24","modified_gmt":"2020-11-25T15:03:24","slug":"phunware-engages-stout-to-monetize-intellectual-property-portfolio","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/phunware-engages-stout-to-monetize-intellectual-property-portfolio\/","title":{"rendered":"Phunware Engages Stout to Monetize Intellectual Property Portfolio"},"content":{"rendered":"

<\/p>\n

Phunware Engages Stout to Monetize Intellectual Property Portfolio<\/b><\/p>\n

AUSTIN, Texas–(BUSINESS WIRE<\/a>)–Phunware, Inc. (NASDAQ: PHUN)<\/a> (the \u201cCompany\u201d), a fully-integrated enterprise cloud platform<\/a> for mobile that provides products, solutions, data and services for brands worldwide, has engaged Stout Capital (\u201cStout\u201d)<\/a> to monetize the Company\u2019s intellectual property (IP) portfolio, including both its patent and data assets.\n<\/p>\n

\nStout\u2019s Intellectual Property Advisory & Transactions (IPAT) practice positions Stout as the only fully integrated team of investment bankers, valuation and dispute experts, attorneys and technical experts with the ability to execute a full spectrum of IP services required by IP-rich technology companies.\n<\/p>\n

\n\u201cWe are extremely excited by the opportunity to generate more value for our shareholders from the vast portfolio of patents and data that we\u2019ve built over the past eleven years,\u201d said Tushar Patel<\/a>, Phunware\u2019s EVP of Corporate Development. \u201cWe engaged Stout to leverage their deep industry relationships and to specifically explore creative, non-dilutive licensing, commercialization and financing solutions that are backed by the financial value of our intellectual property, but allow us to maintain ownership.\u201d\n<\/p>\n

\nPhunware\u2019s IP portfolio in the United States currently includes 17 issued patents and 4 pending patent applications, including the Company\u2019s most recently announced award <\/a>as United States Patent No. 10,740,799<\/a>, entitled \u201cSystems and Methods for Enterprise Branded Application Frameworks for Mobile and Other Environments.\u201d\n<\/p>\n

Click here<\/a> to learn more about the comprehensive patent portfolio underlying the Company\u2019s Multiscreen-as-a-Service (MaaS)<\/a> enterprise cloud platform for mobile, including both its Customer Data Platform (CDP)<\/a> and Data Ontology<\/a>.\n<\/p>\n

Safe Harbor Clause and Forward-Looking Statements<\/b><\/p>\n

\nThis 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 \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccontinue,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cexpose,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cmight,\u201d \u201copportunity,\u201d \u201cplan,\u201d \u201cpossible,\u201d \u201cpotential,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cwould\u201d 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.\n<\/p>\n

\nThe 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 \u201cRisk Factors\u201d 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 \u201cRisk Factors\u201d in our SEC filings may not be exhaustive.\n<\/p>\n

\nBy 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.\n<\/p>\n

About Phunware, Inc. <\/b><\/p>\n

\nEverything You Need to Succeed on Mobile \u2014 Transforming Digital Human Experience\n<\/p>\n

Phunware, Inc. (NASDAQ: PHUN)<\/a>, is the pioneer of Multiscreen-as-a-Service (MaaS)<\/a>, an award-winning<\/a>, fully integrated enterprise cloud platform for mobile that provides companies the products, solutions<\/a>, data<\/a> and services<\/a> necessary to engage, manage and monetize<\/a> their mobile application portfolios and audiences globally at scale. Phunware\u2019s Software Development Kits (SDKs)<\/a> include location-based services<\/a>, mobile engagement<\/a>, content management<\/a>, messaging, advertising<\/a>, loyalty (PhunCoin & Phun<\/a>) and analytics<\/a>, 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\u2019s most respected brands create category-defining mobile experiences, with more than one billion active devices touching its platform each month<\/a>. 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<\/a>, https:\/\/www.phuncoin.com<\/a>, https:\/\/www.phuntoken.com<\/a>, and follow @phunware, @phuncoin and @phuntoken on all social media platforms.\n<\/p>\n

About Stout<\/b><\/p>\n

\nStout is a trade name for Stout Risius Ross, LLC, Stout Advisors SA, Stout Bluepeak Asia Ltd., Stout GmbH, MB e Associati S.r.l., Stout Park Ltd, and Stout Capital, LLC, a FINRA-registered broker-dealer and SIPC member firm. The terms \u201cStout\u201d or the \u201cfirm\u201d refer to one or more of these legally separate and independent advisory practices. Please see www.stout.com\/about<\/a> to learn more.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201125005677\/en\/<\/a><\/span><\/p>\n

Phunware PR & Media Inquiries:
\n<\/b>
press@phunware.com
\n<\/a>
T: (512) 693-4199\n<\/p>\n

Phunware Investor Relations:
\n<\/b>
Matt Glover and John Yi
\n
Gateway Investor Relations
\n
Email: PHUN@gatewayir.com
\n<\/a>
Phone: (949) 574-3860\n<\/p>\n

KEYWORDS:<\/b> Texas United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Software Internet Data Management Professional Services Technology Mobile\/Wireless Security<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Phunware Engages Stout to Monetize Intellectual Property Portfolio AUSTIN, Texas–(BUSINESS WIRE)–Phunware, Inc. (NASDAQ: PHUN) (the \u201cCompany\u201d), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, has engaged Stout Capital (\u201cStout\u201d) to monetize the Company\u2019s intellectual property (IP) portfolio, including both its patent and data assets. Stout\u2019s Intellectual Property Advisory & Transactions (IPAT) practice positions Stout as the only fully integrated team of investment bankers, valuation and dispute experts, attorneys and technical experts with the ability to execute a full spectrum of IP services required by IP-rich technology companies. \u201cWe are extremely excited by the opportunity to generate more value for our shareholders from the vast portfolio of patents and data that we\u2019ve … <\/p>\n

Continue reading “Phunware Engages Stout to Monetize Intellectual Property Portfolio”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-388588","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPhunware Engages Stout to Monetize Intellectual Property Portfolio - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/phunware-engages-stout-to-monetize-intellectual-property-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Phunware Engages Stout to Monetize Intellectual Property Portfolio - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Phunware Engages Stout to Monetize Intellectual Property Portfolio AUSTIN, Texas–(BUSINESS WIRE)–Phunware, Inc. (NASDAQ: PHUN) (the \u201cCompany\u201d), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, has engaged Stout Capital (\u201cStout\u201d) to monetize the Company\u2019s intellectual property (IP) portfolio, including both its patent and data assets. Stout\u2019s Intellectual Property Advisory & Transactions (IPAT) practice positions Stout as the only fully integrated team of investment bankers, valuation and dispute experts, attorneys and technical experts with the ability to execute a full spectrum of IP services required by IP-rich technology companies. \u201cWe are extremely excited by the opportunity to generate more value for our shareholders from the vast portfolio of patents and data that we\u2019ve … Continue reading "Phunware Engages Stout to Monetize Intellectual Property Portfolio"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/phunware-engages-stout-to-monetize-intellectual-property-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-25T15:03:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201125005677r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/phunware-engages-stout-to-monetize-intellectual-property-portfolio\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/phunware-engages-stout-to-monetize-intellectual-property-portfolio\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Phunware Engages Stout to Monetize Intellectual Property Portfolio\",\"datePublished\":\"2020-11-25T15:03:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/phunware-engages-stout-to-monetize-intellectual-property-portfolio\\\/\"},\"wordCount\":990,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/phunware-engages-stout-to-monetize-intellectual-property-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201125005677r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/phunware-engages-stout-to-monetize-intellectual-property-portfolio\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/phunware-engages-stout-to-monetize-intellectual-property-portfolio\\\/\",\"name\":\"Phunware Engages Stout to Monetize Intellectual Property Portfolio - 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