Phunware to Double Location Based Services Software Coverage at Baptist Health South Florida

Rhea-AI Summary

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.

Positive

• Contract expansion adds over 3.1 million square feet, increasing total coverage to 6.3 million square feet.
• Total contract value exceeds $1 million.
• Enhanced patient engagement and navigation capabilities through MaaS platform.
• ADA compliance supports accessibility for all users.

Negative

• None.

Contract Expansion Adds Over 3 Million Square Feet

AUSTIN, Texas, Jan. 07, 2021 (GLOBE NEWSWIRE) -- Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, announced today that it has closed a contract expansion for its Multiscreen-as-a-Service (MaaS) platform and patented MaaS Location Based Services (LBS) at Baptist Health South Florida (BHSF) through its channel partnership with Presidio.

Founded in 2003, Presidio is a leading information technology solutions provider that assists nearly 7,000 middle market, enterprise and government clients in harnessing technology innovation and simplifying information technology complexity to digitally transform their businesses and drive return on information technology investment. Founded in 1960, Baptist Health South Florida operates seven hospitals and 50 outpatient and urgent care centers, including approximately 23,000 employees and more than 4,000 physicians making it Florida’s second largest employer.

Presidio’s expanded deployment of Phunware’s MaaS platform at BHSF enables even more patients, staff members and visitors to seamlessly engage with critical healthcare functions and navigate across an additional 3.1 million square feet of medical facilities, bringing the total MaaS LBS coverage to 6.3 million square feet and the total contract value to more than $1 million. Phunware’s patented MaaS LBS software and beacon maintenance solution delivers proximity, sub one-second, real-time blue dot indoor positioning, navigation and wayfinding functionality across BHSF campuses and facilities while simplifying and streamlining the underlying beacon deployment and management for both BHSF facility staff and administrators. The software is not only ADA compliant, addressing the needs of anyone who is visually impaired, hearing impaired or wheelchair bound, but it also transitions seamlessly between indoor and outdoor environments as well.

“Baptist Health South Florida’s leadership is further raising the bar for digital transformation in healthcare, truly tech-enabling the entire patient experience at their facilities,” said Alan S. Knitowski, President, CEO and Co-Founder of Phunware. “We are thrilled to support a channel partner like Presidio, who is committed to ensuring that BHSF is able to effectively implement cutting-edge technology standardized on our MaaS LBS software and mobile infrastructure.”

Click here to learn more about how Phunware facilitates digital transformation in healthcare by enabling a digital front door for any hospital, clinic or medical organization.

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.

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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 Experience

Phunware, Inc. (NASDAQ: PHUN), is the pioneer of Multiscreen-as-a-Service (MaaS), an award-winning, 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.

Phunware PR & Media Inquiries:
press@phunware.com
T: (512) 693-4199

Phunware Investor Relations:
Matt Glover and John Yi
Gateway Investor Relations
Email: PHUN@gatewayir.com
Phone: (949) 574-3860

FAQ

What does the recent contract expansion mean for Phunware (PHUN)?

The contract expansion allows Phunware to provide services across an additional 3.1 million square feet, enhancing its total coverage to 6.3 million square feet, which is expected to improve patient engagement.

How much is the total contract value after the expansion for Phunware's services?

The total contract value after the expansion now exceeds $1 million.

Which healthcare provider is involved in the contract expansion with Phunware (PHUN)?

The healthcare provider involved is Baptist Health South Florida.

What technologies are included in Phunware's MaaS platform for healthcare?

Phunware's MaaS platform includes location-based services, real-time navigation, and indoor positioning to assist patients and staff.