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Cyngn Executes Letter of Intent to Sell Multiple DriveMod Tuggers to Major Automotive Supplier

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MENLO PARK, Calif., Oct. 31, 2024 /PRNewswire/ — Today, Cyngn announced that it has received a signed Letter of Intent (LOI) from a major automotive supplier to sell and deploy multiple DriveMod Tuggers in early 2025. This achievement demonstrates Cyngn’s continued traction with its Enterprise Autonomy Suite (“EAS”) automation solutions for heavy manufacturing industries. Just last week, Cyngn announced a new contract with a different automotive manufacturing customer.

The automotive supplier—who remains unnamed due to confidentiality—will utilize the DriveMod Tuggers to streamline intra-facility logistics. The global automotive supplier has several similar distribution facilities as well as manufacturing facilities in North America alone.

“This milestone is another proof point of Cyngn’s automation solutions achieving product-market fit with the automotive industry,” said Lior Tal, CEO of Cyngn. “Automotive manufacturers are among the top robotics adopters in the world because of the competitive advantage derived from automation in this high-volume, heavy manufacturing industry. We hope to be able to share additional details on the customer and the nature of the deployment in the future.”

The DriveMod Tuggers leverage advanced AI and a comprehensive suite of safety features, including 360° vision and collision avoidance systems, enabling seamless navigation in complex environments. Equipped with Cyngn Insight, Cyngn’s fleet management and analytics platform, customers can remotely monitor and control fleets of autonomous vehicles, ensuring efficient coordination and task execution in real time.

As industries increasingly embrace automation, Cyngn continues to deliver scalable autonomous solutions tailored to the evolving demands of modern manufacturing and logistics. For more information on Cyngn’s DriveMod Tuggers and other autonomous vehicle solutions, visit https://www.cyngn.com/vehicles/autonomous-tugger.

About Cyngn

Cyngn develops and deploys scalable, differentiated autonomous vehicle technology for industrial organizations. Cyngn’s self-driving solutions allow existing workforces to increase productivity and efficiency. The Company addresses significant challenges facing industrial organizations today, such as labor shortages, costly safety incidents, and increased consumer demand for eCommerce.

Cyngn’s DriveMod Kit can be installed on new industrial vehicles at end of line or via retrofit, empowering customers to seamlessly adopt self-driving technology into their operations without high upfront costs or the need to completely replace existing vehicle investments.

Cyngn’s flagship product, its Enterprise Autonomy Suite, includes DriveMod (autonomous vehicle system), Cyngn Insight (customer-facing suite of AV fleet management, teleoperation, and analytics tools), and Cyngn Evolve (internal toolkit that enables Cyngn to leverage data from the field for artificial intelligence, simulation, and modeling).

Find Cyngn on:

Website: cyngn.comTwitter: twitter.com/cyngnLinkedIn: https://www.linkedin.com/company/cyngnYouTube: https://www.youtube.com/@cyngnhq

Investor Contact:
Don Alvarez, CFO
investors@cyngn.com 

Media Contact:
Luke Renner, Head of Marketing
media@cyngn.com

Forward-looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements, including the risk factors described from time to time in the Company’s reports to the Securities Exchange Commission (SEC), including, without limitation the risk factors discussed in the Company’s annual report on Form 10-K filed with the SEC on March 7, 2024. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Cyngn undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Cyngn is not responsible for the contents of third-party websites.

 

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Axis My America Poll, in Partnership with ITV Gold, Predicts Trump’s Victory in 2024 U.S. Presidential Election with Republicans Leading in Electoral Votes

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NEW YORK, Oct. 31, 2024 /PRNewswire/ — Axis My America (AMA), a leading consumer intelligence company, has released its United States Presidential Election 2024 Prediction based on an extensive national survey. The report, covering about 9593 respondents across all 50 states & District of Columbia, projects that Republican candidate Donald Trump holds a slight edge with 49% Popular Vote and an estimated 291 (+15) electoral votes, compared to Democratic candidate Kamala Harris‘s 48% Popular vote and 247 (+15) electoral votes. Michigan, Pennsylvania and Wisconsin are the states with very close fight which could swing 15 electoral votes to either party. The survey utilized a comprehensive methodology, incorporating face-to-face interviews and direct panel interactions to capture genuine voter sentiment and analyze key issues shaping the election. The Prediction Model is notably a Harvard Business Case Study and has an accuracy rate of 92% in the last 12 years while calling 76 elections including 3 General elections.

 

Party

Popular Vote %

Electoral Votes

Republican Party

(Donald Trump)

49 (+2)

291  (+15)

 Democratic Party

(Kamala Harris)

48 (+2)

247  (+15)

Independent / Others

3

Michigan (15), Wisconsin (10) & Pennsylvania (19) are the
states with very close fight, hence range of 15 Electoral Votes
may swing either side.

 

Axis My America Poll, in Partnership with ITV Gold, Predicts Trump’s Victory in 2024 U.S. Presidential Election

According to AMA’s findings, the election landscape is shaped by economic concerns, with inflation and healthcare access emerging as top voter priorities. The survey shows a close race, reflecting a nation divided over key issues such as national security, immigration, and economic stability. Demographic analysis further reveals notable shifts: White and Hispanic voters are leaning towards the Republican Party, while African Americans largely favor the Democratic Party. Gender plays a distinct role, with men supporting Trump and women favoring Harris. Younger voters (18-34) show stronger support for the Democratic Party, while older voters (45+) lean Republican. With these divisions, the election outcome may come down to candidates’ ability to address core issues that resonate with diverse voting groups.

AMA’s report emphasizes the critical role of swing states, particularly Michigan, Pennsylvania and Wisconsin, where close polling margins suggest a tight race. Other pivotal battlegrounds like Arizona, Georgia show narrow divides that could tip either way. In Michigan, a slight Democratic edge exists, driven by strong African American and Asian American support, while White American voters lean Republican. In contrast, Pennsylvania is experiencing shifts among Asian American and White voters towards the Republican Party, with employment and inflation cited as key concerns. Wisconsin reflects a blend of shifting loyalties, with Independents and some Democratic voters moving towards the GOP, underscoring the fluidity and intensity of competition in swing states. Interestingly, battleground beyond the traditional swing states is also evolving. Shifting voter priorities and narrowing margins are expanding the traditional swing-state battleground to new states.

About Axis My America

Axis My America draws from over two decades of expertise in public opinion analytics. AMA is committed to bridging gaps in understanding by transforming insights into actionable information for policymakers, businesses, and the public sectors. Leveraging face-to-face research methodologies, AMA captures authentic public sentiment on pivotal issues. This commitment to real-world insights aligns with our mission to connect with citizens, provide solutions, and create positive social impact. AMA’s client roster includes global leaders such as Unilever, Procter & Gamble, and the Bill & Melinda Gates Foundation, The Union etc.

The Prediction Model is notably a Harvard Business Case Study and has an accuracy rate of 92% in the last 12 years while calling 76 elections including 3 General elections.

About ITV Gold and Parikh Worldwide Media Group

ITV Gold is a prominent South Asian television network in the United States, delivering nuanced perspectives on key political, social, and cultural issues. As a part of Parikh Worldwide Media Group, ITV Gold benefits from an established media network. With headquarters in New York, Chicago, and California, Parikh Worldwide Media Group is a cornerstone of Indian-American journalism, dedicated to informing, engaging, and empowering the South Asian community nationwide.

For more information, please visit https://axismyamerica.com or contact info@axismyamerica.com.

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SOURCE Axis My America Inc.

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Clearwater and Guidehouse Partner to Help Healthcare Organizations Solve Key Cybersecurity Challenges

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 Leading Firms to Deliver Solutions Focused on De-Risking M&A and Vendor Partnerships, Leveraging Frameworks, and Optimizing Cybersecurity Investments

NASHVILLE, Tenn, and MCLEAN, Va., Oct. 31, 2024 /PRNewswire/ — Clearwater, the largest pure-play provider of cybersecurity and compliance solutions for the healthcare industry, has partnered with global consultancy Guidehouse to further help healthcare organizations mitigate cybersecurity risk.

Cyberattacks in healthcare are up 32% since 2023, and it’s taking longer for organizations to fully recover from them. Tapping into a deep pool of healthcare technology and cybersecurity experts and proven solutions, the Clearwater-Guidehouse partnership aims to address concerns that leave healthcare organizations vulnerable to debilitating cyberattacks.

“The statistics paint an alarming picture, but they just scratch the surface,” said Clearwater CEO Steve Cagle. “Each healthcare breach has far-reaching implications for patient safety, trust, operational resilience, and compliance. We’re excited to team with Guidehouse in providing solutions that leverage the collective expertise of our teams to move healthcare organizations to a more secure, compliant, and resilient state.”

According to Guidehouse Partner Matt Onesko, “Healthcare organizations are facing unprecedented cybersecurity risks requiring solutions specifically tailored to the industry’s unique regulatory environment and provider operating models. Together, we’re creating a holistic approach to cyber risk management to help organizations strengthen their security posture while maintaining focus on their core mission of optimal patient care.”

The partnership will deliver six key solutions focused on de-risking M&A and vendor partnerships, leveraging frameworks, and optimizing cybersecurity investments, including:

Cybersecurity Investment Management: Helping organizations better understand which cybersecurity investments are providing a strong ROI, using such solutions as Clearwater’s Security Controls Validation Assessment.

M&A Transformation: Supporting the M&A transformation process during due diligence by conducting an in-depth, streamlined review of policies and procedures, governance programs, organizational structure, and security practices to provide an early indication of areas of excess risk.

Framework-Based Assessments: Leveraging a deep pool of experts to help organizations assess their cybersecurity and data protection programs across a broad range of frameworks and standards, including:

•   NIST Cybersecurity Framework (CSF) 2.0
•   NIST Privacy Framework
•   HHS 405(d) Health Industry Cybersecurity Practices
•   HHS Cybersecurity Performance Goals
•   HITRUST CSF
•   HIPAA Security Rule
•   HIPAA Privacy and Breach Notification Rule

Actionable Risk Reduction and Program Maturity: Equipping organizations with insights and measurable and actionable risk data they can act on to demonstrate risk reduction and program maturity with Clearwater’s OCR-Quality® Risk Analysis.

Vendor Risk Management: Assisting organizations with assessing third-party risk and minimizing the risk to their organization.

Digital Health Acceleration: Working with digital health developers to advance strong cybersecurity and compliance programs that ensure the solutions they bring to market meet industry requirements and customer expectations.

Senior leaders from both the Clearwater and Guidehouse teams will be in attendance at the CHiME Fall Forum in San Diego next week to meet with clients and share more about the partnership.

About Clearwater
Clearwater helps organizations across the healthcare ecosystem move to a more secure, compliant, and resilient state so they can achieve their mission. The company provides a deep pool of experts across a broad range of cybersecurity, privacy, and compliance domains, purpose-built software that enables efficient identification and management of cybersecurity and compliance risks, managed cloud services, and a 24/7 Security Operations Center with managed threat detection and response capabilities. To learn more, please visit www.clearwatersecurity.com.

About Guidehouse
Guidehouse is a global consultancy providing advisory, digital, and managed services to the commercial and public sectors. Guidehouse is purpose-built to serve the national security, financial services, healthcare, energy, and infrastructure industries. Disrupting legacy consulting delivery models with its agility, capabilities, and scale, the firm delivers technology-enabled and focused solutions that position clients for innovation, resilience, and growth. With high-quality standards and a relentless pursuit of client success, Guidehouse’s more than 17,000 employees collaborate with leaders to outwit complexity and achieve transformational changes that meaningfully shape the future. To learn more, visit www.guidehouse.com.

 

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SOURCE Clearwater

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KanTime and Tennr Announce Strategic Partnership to Streamline Post-Acute Care Operations

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KanTime has partnered with Tennr to streamline document handling for post-acute care agencies, reducing administrative burdens by automating document data entry into KanTime’s EMR, allowing agencies to focus on patient care. Tennr’s machine-learning models accurately process complex documents, enhancing efficiency and reducing intake times. This partnership aims to support healthcare providers in managing costs and increasing patient referrals, fostering growth within the sector.

NEW YORK, Oct. 31, 2024 /PRNewswire-PRWeb/ — Tennr, the intelligent automation platform for healthcare documents, announced today that it has joined forces with KanTime, a leading Electronic Medical Record (EMR) solution for post-acute care agencies. Tennr’s preferred partnership with KanTime will empower home health, hospice, pediatric, private duty, and consumer-directed service agencies to reduce administrative burdens and optimize their workflows, specifically around external referral and other document data transfer to patient intake records, allowing them to focus more on delivering exceptional patient care.

“Through our partnership with KanTime and with customers like MGA Homecare, Home Health agencies will have the capability to eliminate burdensome administrative tasks using Tennr and can focus on what’s important; patient care, outcomes, and experience.”

With this partnership, healthcare businesses using KanTime and Tennr’s automation will benefit from intuitive software that automates manual data-entry into KanTime’s EMR. Over the past six months, as Tennr has built out processes for automated referral data entry for intake, requests for more information and external prior authorization—Tennr is getting closer to streamlining all of healthcare’s pre-visit work.

“The automation between KanTime and Tennr has been so seamless. I was skeptical at first—I thought there was no way Tennr could read documents the hospitals send, but it finds the data I can’t find and gets it into KanTime. It’s saving us a crazy amount of time on referral intake,” said Nina Boulay, Senior Director of Intake at MGA Homecare and joint customer.

As healthcare providers continue to face declining reimbursement rates and soaring costs, the KanTime and Tennr Preferred Partnership marks a huge step forward in supporting post-acute healthcare businesses with the tools needed to fuel organizational growth. The combined capabilities of KanTime’s comprehensive software suite and Tennr’s machine-learning powered platform will enable healthcare providers to drive more patient referrals, reduce first time denials, and grow more efficiently than ever before.

Tennr’s proprietary machine learning models have stood out in the healthcare market because they’re built to understand the messy, nuanced nature of medical documents. Unlike the more popular “AI” large language models, Tennr’s models were developed to account for the unstructured nature of these documents—like checkboxes, handwriting, and multiple patients spread non-contiguously throughout dozens of pages of a referral fax.

“We are thrilled to partner with Tennr to deliver greater value to our clients,” said KanTime CEO Sundar Kanna. “By combining our expertise in post-acute care software with Tennr’s innovative approach to processing patient documents, we’re providing agencies with the tools they need to simplify external administrative tasks and focus on providing quality patient care.”

Matt Forman, Tennr’s VP of Partnerships, added: “through our partnership with KanTime and with customers like MGA Homecare, Home Health agencies will have the capability to eliminate burdensome administrative tasks using Tennr and can focus on what’s important; patient care, outcomes, and experience.”

About KanTime

KanTime is a leading provider of cloud-based enterprise software for post-acute care agencies, including home health, hospice, pediatric, private duty, and consumer-directed services. KanTime’s comprehensive solutions empower agencies to streamline operations, enhance compliance, and improve patient outcomes.

About Tennr

Tennr’s intelligent automation platform reads every document passing through healthcare practices and automates clinical and operational tasks like qualifying and scheduling patient visits. With Tennr, practices drive more patient referrals, reduce first time denials on the front-end by 98%, and grow with 1/6th the headcount. To learn more, visit tennr.com

Media Contact

Jil Schexnayder, KanTime Inc., 1 4086158880, jil@kantime.com, www.kantime.com

View original content:https://www.prweb.com/releases/kantime-and-tennr-announce-strategic-partnership-to-streamline-post-acute-care-operations-302292572.html

SOURCE KanTime Inc.

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