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Phunware engages investor relations firm to ensure it communicates 'effectively with Wall Street'

With offices around the US, Hayden IR provides a comprehensive range of investor relations services

Phunware Inc - Phuneware Inc engages Hayden IR to raise the Texas company’s visibility and strengthen its relationships with the investment community
Phunware, based in Austin, offers a fully integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide

Phunware Inc (NASDAQ:PHUN) announced Tuesday it has engaged investor relations firm Hayden IR to raise the Texas company’s visibility and strengthen its relationships with the investment community.

"Over the past year, we have strengthened our financial position as we approach operating cash flow breakeven and move towards breakeven on an adjusted EBITDA basis,” said Phunware CEO Alan Knitowski in a statement.

“To ensure we capitalize on these important milestones, we look forward to working with the team of professionals at Hayden IR to help us target and expand our investor audience and ensure we are communicating effectively with Wall Street."

READ: Phunware's Audience Engagement platform winning over notable customers

With offices in New York, Phoenix, Minneapolis and San Diego, Hayden IR provides a comprehensive range of investor relations services to a growing list of clients. For more than two decades, Hayden IR has been a recognized leader in driving market recognition and creating sustainable competitive advantages for more than 150 micro- and small-cap companies. 

Hayden delivers expertise and professionalism in such areas as investor management, relationship building, awareness campaigns, online presence and corporate identity.

“With over $100 million invested to date by investors like Cisco, Samsung and WWE, Phunware has commercialized a compelling and scalable enterprise cloud platform called Multiscreen-as-a-Service (MaaS) that is ushering in a new era of consumer engagement in a mobile-first world," said James Carbonara, partner of Hayden IR. 

"With top-tier brands as customers, Phunware is well-positioned to capitalize on a transformational opportunity with a massive addressable market and the team at Hayden IR looks forward to articulating to the professional investment community why now is the time for a broader investor audience to take notice."

Phunware’s stock recently traded 6.4% higher to $0.90 a share in New York. 

Contact the author: patrick@proactiveinvestors.com

Follow him on Twitter @PatrickMGraham

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NASDAQ:PHUN

Price: 0.9979 USD

Market Cap: $75.07 m

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