Wejo to Participate in Investor Conferences

Rhea-AI Summary

Wejo Group Limited (NASDAQ: WEJO) announced its participation in two upcoming investor conferences on January 11 and January 25, 2022. CEO Richard Barlow and CFO John Maxwell will present Wejo's automotive data analytics innovations and discuss partnerships with Microsoft (NASDAQ: MSFT) and Palantir (NYSE: PLTR). These collaborations enhance data management and cloud communication for connected vehicles. Wejo aims to revolutionize mobility by analyzing data from approximately 12 million vehicles globally. A webcast of the Needham Conference presentation will be available on Wejo's investor relations website.

MANCHESTER, England--(BUSINESS WIRE)-- Wejo Group Limited (NASDAQ: WEJO), a global leader in cloud and software analytics generated from connected vehicle data, today announced that Founder and CEO Richard Barlow and CFO John Maxwell will present and host investor meetings at the following conferences:

January 11, 2022
24^th Annual Needham Virtual Growth Conference
Presentation at 11:30 AM ET

January 25, 2022
Baird Vehicle Technology and Mobility Conference

Management will discuss Wejo’s mission to drive innovation in the automotive industry through autonomous, electric and connected vehicle data, as well as the company’s ability to analyze, standardize, and distribute this data quickly and efficiently. They will also detail the groundbreaking Neural Edge platform recently announced at CES and how partnerships with Microsoft (NASDAQ: MSFT) and Palantir (NYSE: PLTR) are enabling optimization of how data is managed within the vehicle and communicated to the cloud, reducing overload and costs while still maximizing data insights.

A webcast for the Needham Conference can be accessed by visiting the investor relations section of the Company's web site at https://www.wejo.com/investors/investor-relations.

About Wejo

Wejo is a global leader in Autonomous, Electric and Connected Vehicle Data, revolutionizing the way we live, work and travel by transforming and interpreting historic and real-time vehicle data. The company enables smarter mobility by organizing trillions of data points from approximately 12 million vehicles and more than 60 billion journeys globally, across multiple brands, makes and models, and then standardizing and enhancing those streams of data on a vast scale. Wejo partners with ethical, like-minded companies and organizations to turn that data into insights that unlock value for consumers. With the most comprehensive and trusted data, information and intelligence, Wejo is creating a smarter, safer, more sustainable world for all. Founded in 2014, Wejo employs more than 300 people and has offices in Manchester in the UK and in regions where Wejo does business around the world. For more information, visit: www.wejo.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this release, including statements regarding the Company’s future operating results and financial position, business strategy and plans, objectives of management for future operations are forward-looking statements. These statements are based on the Company’s current expectations, assumptions, estimates and projections. These statements involve known and unknown risks, uncertainties and other important factors that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements are based on management's current expectations and assumptions regarding the Company’s business, the economy and other future conditions.

Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including, without limitation, those factors described in the Company’s filings with the Securities and Exchange Commission.

These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially, and potentially adversely, from those expressed or implied in the forward-looking statements. Most of these factors are outside the Company’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (i) the impact of the COVID-19 pandemic on the Company’s business; (ii) the inability to obtain or maintain the listing of the Company’s common shares on the Nasdaq Stock Market following the business combination; (iii) the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, and retain its key employees; (iv) changes in applicable laws or regulations; (v) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors, and (vi) the company’s ability to maintain effective internal control over financial reporting and disclosure controls and procedures. The foregoing list of factors is not exclusive. Additional information concerning certain of these and other risk factors is contained in Wejo’s Form 10-Q for the period ended September 30, 2021 and Wejo’s most recent filings with the SEC. All readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in their expectations with respect thereto or any change in events, conditions, or circumstances on which any statement is based, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220105006032/en/

Investor Relations

Tahmin Clarke

tahmin.clarke@wejo.com



Idalia Rodriguez

Arbor Advisory Group

investor.relations@wejo.com



Media

Mark Semer/Sam Cohen

Gasthalter & Co.

wejo@gasthalter.com

(212) 257-4170

Source: Wejo Group Limited

FAQ

What investor conferences will Wejo attend in 2022?

Wejo will participate in the Needham Virtual Growth Conference on January 11, 2022, and the Baird Vehicle Technology and Mobility Conference on January 25, 2022.

Who will present at the Needham Virtual Growth Conference?

CEO Richard Barlow and CFO John Maxwell will present at the Needham Virtual Growth Conference.

What is Wejo's partnership with Microsoft about?

Wejo's partnership with Microsoft (NASDAQ: MSFT) focuses on enhancing data management within vehicles and improving cloud communication for connected vehicles.

How does Wejo utilize data from vehicles?

Wejo analyzes data from approximately 12 million vehicles to revolutionize mobility and provide insights for smarter transportation solutions.

What is the purpose of Wejo's Neural Edge platform?

The Neural Edge platform aims to optimize data management and reduce overload and costs while maximizing insights from connected vehicle data.

What type of data does Wejo specialize in?

Wejo specializes in cloud and software analytics generated from connected vehicle data to enhance mobility solutions.