Phunware CEO to Present at Southern California Investment Forum in Las Vegas

Phunware, Inc. (NASDAQ: PHUN) (the "Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, will be presenting at an exclusive gathering at the Southern California Investment Forum (SCIF) on July 17, 2019, at The Capital Grille in Las Vegas, Nevada.

"Alan Stone & Company and its affiliate WallStreet Research™ (WSR), provide a strategic approach to enhancing shareholder value, liquidity and institutional research,” said Alan S. Knitowski, CEO and Co-Founder of Phunware. "We are fans of WSR’s publications of corporate profiles, newsletters and in-depth research reports on emerging small-cap companies like ours.”

The Southern California Investment Forum is an expansion of the ongoing roadshow and conference activities of WallStreet Research™, a thirty-year-old independent research firm, which has been running conferences, road shows and investor gatherings nationally for several decades. The firm has been extremely active in California, with offices and staff both domestically and abroad in Los Angeles (CA), San Francisco (CA), New York City (NY), Palm Beach (FL) and Beijing (China).

"It’s been a really incredible month for us here at Phunware. Last Friday we rang the opening bell at Nasdaq in Times Square, two weeks ago we were added to the FTSE Russell Microcap® and the week prior we were added to both the FTSE Russell 2000® and FTSE Russell 3000® indices following the Russell US Indices’ annual reconstitution,” said Mr. Knitowski. "We are incredibly honored to speak at this year’s Southern California Investment Forum in Las Vegas to tell our story to an exclusive group of prequalified investment professionals, investment bankers, portfolio managers, hedge fund managers, family office managers, top brokers and accredited investors as part of our ongoing efforts to broaden the global institutional investment in our Company.”

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 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 Alan Stone & Co.

Alan Stone & Company (ASC), LLC, is engaged in investment research, consulting, capital market introductions and road shows. Its programs enhance shareholder value and provide liquidity for small cap companies, all with a global focus and emphasis on growth. We have a strong understanding of most industries and also work closely with domestic and foreign companies seeking higher listing status, liquidity and access to financing in US Capital Markets. Our many years of experience, strong team and distinct knowledge of the markets and relationships with investors and fund managers give us a strong competitive edge. We have offices in Los Angeles, San Francisco, New York, Palm Beach and Beijing. For more information, visit www.alanstone.com.

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 (PhunCoin & Phun) 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 https://www.phunware.com, https://www.phuncoin.com, https://www.phuntoken.com/ and follow @phunware, @phuncoin and @phuntoken on all social media platforms.

About WallStreet Research

WallStreet Research (WSR) provides comprehensive, bias-free investment research and capital market analysis for emerging growth companies. The boutique is spearheaded by Alan Stone, Managing Director of Alan Stone & Company, LLC, who is renowned for bringing undervalued companies to the attention of the investment community and enhancing shareholder value while providing liquidity to small cap companies. With a significant Wall Street presence and thirty years of experience, WSR has established itself as a leading independent research firm with highly regarded analysts and CFAs. Today, WSR is ranked number one on Google, Yahoo and Bing search engines. The firm also provides roadshows in key investor markets and distributes its research globally on internet portals to a proprietary database of accredited and institutional investors. For more information, visit www.wallstreetresearch.org.

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