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Cyngn Successfully Completes Initial Deployment of DriveMod Tugger with Major Defense Contractor

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MENLO PARK, Calif., Nov. 1, 2024 /PRNewswire/ — Today, Cyngn Inc. (Nasdaq: CYN) announced that it successfully deployed its DriveMod Tugger at a defense contractor’s facility.

While details are not being disclosed for security reasons, the engagement highlights the applicability of Cyngn’s autonomous vehicle technology to address the rigorous operational needs of defense industry manufacturing applications, which can be particularly stringent work environments with high associated costs.

The aerospace and defense industry continues to be a significant economic force in the United States. In 2023, the industry generated an impressive $955 billion in total business output, showcasing its substantial impact on the economy. The sector employs over 2.2 million people, representing about 1.4% of the nation’s total employment base.

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).

Where to find Cyngn:

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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SOURCE Cyngn

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TeacherLists is Clearing Teachers’ Classroom Wish Lists Every Day in November

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TeacherLists is teaming up with their brand partners to award one teacher per day with a $125 gift card to the retailer of their choice to help clear their classroom wish list.

WRENTHAM, Mass., Nov. 1, 2024 /PRNewswire-PRWeb/ — TeacherLists, the nationally recognized school supply list platform created by School Family Media, LLC, is giving back to educators this November with the Clear the List Sweepstakes. Between November 1st and December 3rd, 2024, TeacherLists is teaming up with their brand partners to award one teacher per day with a $125 gift card to the retailer of their choice–Amazon, Walmart, or Target–to help clear their classroom wish list.

“This is the perfect time of year to thank teachers for everything they do. The TeacherLists Clear the List sweepstakes is our way of helping teachers get what they need to give their students the best education possible,” says Charles Field, CEO of School Family Media.

According to the National Education Association, over 90% of teachers spend their own money on school supplies for their students. In fact, federal tax deductions only cover about half of the yearly average teachers spend out of their own pocket. As supply wish lists become more popular among educators and their school communities, TeacherLists and their brand partners – Case-It®, Casio®, Clorox®, Crayola®, Dial®, Elmer’s®, Expo®, Fiskars®, Five Star®, Kleenex®, Paper Mate®, Play-Doh®, Panasonic®, Post-It® , Sharpie®, Viva®, and Ziploc® – are giving teachers the opportunity to submit their existing lists for the chance to win a $125 gift card.

“This is the perfect time of year to thank teachers for everything they do. The TeacherLists Clear the List sweepstakes is our way of helping teachers get what they need to give their students the best education possible,” says Charles Field, CEO of School Family Media.

To enter, teachers should visit TeacherLists Clear the List Sweepstakes, where they will be prompted to enter their email, zip code, and school. Please note teachers should include their wish list. Winners will be chosen at random and announced daily on Facebook and Instagram. NO PURCHASE NECESSARY

About TeacherLists and School Family Media. LLC 
TeacherLists is the single national source of verified school supply lists. TeacherLists makes it easy for school administrators and teachers to enter, update, and share their supply lists. Busy families love the convenience of easily finding and shopping their child’s classroom-specific lists. TeacherLists partners with major retailers including Walmart, Target, Amazon, Staples, Office Depot, Office Max, HEB, Walgreens, and Meijer to offer shopping online, in-store, or both, giving families options to shop the way that works for them.   

School Family Media is changing how schools and families prepare for back-to-school. Our nationally recognized platforms, TeacherLists, EduKit, and PTO Today, simplify back-to-school for schools, teachers, volunteers, and especially parents. As a mission-driven company, our goal is to make life easier for school communities and help ensure students are prepared to learn.

For more information and official rules, visit Clear the List Official Rules

Media Contact

Elizabeth Lamport, TeacherLists, 8006443561, elamport@schoolfamilymedia.com, TeacherLists.com

View original content to download multimedia:https://www.prweb.com/releases/teacherlists-is-clearing-teachers-classroom-wish-lists-every-day-in-november-302293796.html

SOURCE TeacherLists

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NexaMotion Group Pilots AI-Powered Catalog Assistant for Faster Parts Quoting and Enhanced Business Efficiency

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CLEVELAND, Nov. 1, 2024 /PRNewswire/ — NexaMotion Group (NMG) announced the pilot of a new AI-powered, text-generated parts lookup tool. Currently in beta testing, this cutting-edge catalog assistant will be available for demo and a first look during AAPEX 2024, Nov. 5-7 in Las Vegas. This groundbreaking AI-powered catalog assistant is the first of its kind in the aftermarket industry, transforming how shops manage customer quotes and demonstrating NMG’s commitment to simplifying complex vehicle repair.

Repair shops can have a text conversation with our AI-powered catalog assistant, which utilizes the Transend automotive parts catalog to generate the right parts for the vehicles on your lift. The catalog assistant helps our sales team provide immediate real-time responses with essential details like availability at your local branch and competitive pricing. This lets users receive quotes at their convenience instead of during set customer service hours and receive those quotes in less time for enhanced business efficiency.

“NexaMotion Group is committed to bringing advanced, forward-thinking solutions to automotive parts ordering and repairs. Our team can’t wait to introduce the catalog assistant at AAPEX and show customers the significant benefit it can provide to their business,” said Neil Sethi, CEO of NexaMotion Group.

To demo the catalog assistant, stop by the NMG booth during AAPEX (#A2261) or visit https://resources.transend.us/ai-powered-catalog-assistant to express interest in participating in the beta testing of the system.

About NexaMotion Group
NexaMotion Group’s mission is to simplify complex vehicle repair to keep the world moving. NexaMotion Group helps automotive professionals shift into high gear with next-level solutions and innovation. Backed by 49 years at the forefront of the aftermarket industry, NexaMotion Group combines the power of strong connections and readily available supplies with over 100 locations. Learn more at https://www.nexamotiongroup.com/

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SOURCE NexaMotion Group

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Fosi Audio Launches the ZD3 Flagship Fully Balanced Desktop DAC: A Gift for Its 7th Anniversary

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NEW YORK, Nov. 1, 2024 /PRNewswire/ — Fosi Audio, a leading brand in the HiFi audio field, has focused on the “voice of the customer” as its core driving force since its founding seven years ago. Through co-creation with its users, Fosi Audio has launched a series of audio products beloved by audiophiles worldwide, such as the ZA3 and V3 Mono mini amplifiers. With a user-centered development philosophy, compact and refined design style, and exceptional value, Fosi Audio is driving innovation and transformation in the HiFi audio industry.

ZD3 DAC: A 7th Anniversary Tribute

In response to the growing demand for a more refined listening experience, Fosi Audio has launched its flagship product, the ZD3 fully balanced desktop DAC. This new product is not only an important milestone for Fosi Audio in expanding its audio product category, but also a sincere gift to customers on the occasion of the brand’s 7th anniversary.

The ZD3 perfectly blends high performance and exquisite design. Equipped with top-tier chips (including XMOS XU316, ESS9039Q2M, QCC3031, and LME49720) and advanced balanced circuit technology, it ensures pure and transparent audio output. In terms of appearance, the ZD3 inherits the elegant design language of the ZA3, featuring geometric elements and color accents that exude a sophisticated and professional vibe. The product supports five digital input options and offers both single-ended and balanced outputs, providing flexibility for various usage scenarios. In terms of sound quality, the ZD3 brings every note to life and offers audiophiles an unprecedented listening experience.

Global Attention and Industry Acclaim

Since its launch, the ZD3 has received widespread acclaim for its exceptional sound quality and versatility. During the pre-sale period, the product sold over 1,000 units, with orders from over 100 countries, demonstrating the strong market demand for this flagship product.

The launch of the ZD3 has attracted significant attention from the industry. Renowned audio reviewers and influencers such as Cheapaudioman, Z Reviews, A British Audiophile, and Toids DIY Audio have conducted in-depth reviews and reports on the ZD3. User Mariusz Stark commented, “Great looks, great value, great sound. Add linear power supply. Swap op-amps for Sparkos. Add supper capacitor power bank and elevate performance to new levels. ARC HDMI is unheard of in this price range and a welcomed feature for many.” The success of the ZD3 highlights Fosi Audio’s outstanding R&D capabilities and once again validates the value of deep co-creation between the brand and its users.

Limited-Time Offer: Unlock Your Personalized Audio Experience

The ZD3 is now available on major online shopping platforms with a limited-time discount. During the launch period, each user will receive three JRC4580D op-amps as a gift, allowing them to explore different sound signatures brought by various op-amps and further customize their listening experience.

Brand Vision: Building a Global Audio Ecosystem

Ryan Huang, founder of Fosi Audio, stated that the brand is committed to providing high-quality audio solutions for global users, continuously innovating products, and enhancing user experience. Through close interaction with global audiophiles, Fosi Audio is building a vibrant audio ecosystem with the goal of becoming a world-leading audio brand.

About Fosi Audio

Driven by its mission of “Redefining HiFi with Unmatched Value”, Fosi Audio is dedicated to developing and delivering amazing HiFi gear with innovative designs, cutting-edge technology, high value, and premium quality, all backed by a 24-month warranty for audio enthusiasts worldwide. Fosi Audio has earned the sincere recognition of many audiophiles and well-known media, such as Wirecutter, How-to Geek, TNT-Audio, Headphonesty, and authoritative forums like Audio Science Review, as well as renowned HiFi audio influencers around the world.

For more information, please visit:

Official Website: https://www.fosiaudio.com/

Official Facebook community: https://www.facebook.com/fosiaudioglobal

Official YouTube channel: https://www.youtube.com/@fosiaudio

PR contact:

Email: marketing@fosiaudio.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/fosi-audio-launches-the-zd3-flagship-fully-balanced-desktop-dac-a-gift-for-its-7th-anniversary-302293922.html

SOURCE FOSI INTERNATIONAL CO., LIMITED

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