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Cyngn to Participate in the Electric Vehicle & Auto Tech Conference

Cyngn |

MENLO PARK, Calif. Cyngn Inc. (the “Company” or “Cyngn”) (NASDAQ: CYN), a developer of innovative autonomous driving software solutions for industrial applications, will participate at the Electric Vehicle & Auto Tech Virtual Conference, presented by Maxim Group LLC and hosted by M-Vest, on Thursday, March 30, 2023 at 2:00 p.m. EDT. Ben Landen, VP of Business Development will participate in a fireside chat discussion with analyst Matt Galinko.

Register here to view the M-Vest presentation live. A replay will be available on M-Vest until April 1, 2023.

Maxim Group LLC Tech Conference (Virtual)
Thursday, March 30, 2023; 2:00 p.m. – 2:30 p.m. EDT
Ben Landen, VP of Business Development

Ben Landen joined Cyngn in 2019 and serves as VP of Business Development. Prior to Cyngn, Landen was Head of Product and Business Development at DeepScale, an AI startup that was acquired by Tesla. DeepScale was founded out of UC Berkeley and developed efficient computer vision solutions for autonomous driving, using deep neural networks. Prior to that, Landen managed an automotive semiconductor product line with over $100 million in annual revenues as senior business manager at Maxim Integrated. Landen has a MBA from UC Berkeley’s Haas School of Business and a BS in electrical engineering from California Polytechnic University SLO.

About Maxim Group LLC & Electric Vehicle & Auto Tech Virtual Conference

Maxim Group LLC is a leading full-service investment bank, securities and wealth management firm headquartered in mid-town Manhattan. Maxim formed in 2002 as a spin-off of the U.S. subsidiary of the global investment firm Investec. Maxim Group LLC is a registered broker-dealer with the U.S. Securities and Exchange Commission and the Municipal Securities Rulemaking Board.

Ongoing adoption of electric vehicles, more technology in automobiles, and lighter and more efficient batteries can create opportunities for companies in many sectors. Executives involved in different parts of the electric vehicles and auto tech markets will discuss future opportunities and sector changes.

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).

Investor Contact:

Don Alvarez

Media Contact:

Luke Renner

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as "expects," "anticipates," "believes," "will," "will likely result," "will continue," "plans to," "potential," "promising," and similar expressions. These statements are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described from time to time in the Company's reports to the SEC, including, without limitation the risk factors discussed in the Company's annual report on Form 10-K filed with the SEC on March 17, 2023. 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.

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