Cyngn Kicks-Off Autonomous Vehicle Roadshow at Manufacturing and Warehousing Facilities Across America

• Industrial prospects to experience first-hand Cyngn’s flagship DriveMod Stockchaser navigate autonomously at their facilities 
• Initial demo day markets include Sacramento, Minneapolis, Houston, and Atlanta
• Additional markets to be announced
• Cyngn sales leaders to host demos, product briefings, and take pre-orders 

Menlo Park, Calif., August 15, 2023  – Cyngn Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today kicked-off the first leg of its Autonomous Vehicle Roadshow in Sacramento, California with its flagship DriveMod Stockchaser. Cyngn is visiting manufacturing and warehousing facilities in key markets across America to demonstrate the efficiency, safety, and performance of its AI-powered Autonomous Stockchaser. 

DriveMod, a full-stack autonomous driving solution, is an all-in-one autonomy integration package that enables the conversion of standard industrial vehicles to fully autonomous vehicles by utilizing sensors, computers, and artificial intelligence via Cyngn’s proprietary DriveMod software. DriveMod can be installed on new vehicles off the assembly line or retrofitted into existing vehicles. 

The Autonomous Vehicle Roadshow will:

• Leverage new developments from Cyngn’s recent Enterprise Autonomy Suite (EAS) 9.1 release that streamlined deployment tools and enables the Company to demonstrate DriveMod Stockchasers operating autonomously within hours of touching down at a new site.
• Showcase the DriveMod Stockchaser, an autonomous mobile robot for use in manufacturing, warehouse, and logistics industries that has the capability to tow up to 6,000 pounds.

“We know what a major impact hands-on product experience can have for potential customers, especially with leading-edge technology like robots and artificial intelligence. We are meeting with potential customers to provide a first-hand opportunity to experience the DriveMod Stockchaser and learn about the many benefits, including enhanced safety and greater efficiency in operations,” said Lior Tal, CEO of Cyngn. “As automation in manufacturing and logistics is quickly becoming a valuable tool across the industry, it’s important that we are in the field, galvanizing real-world adoption at our potential customers’ facilities.”

Sacramento marks a meaningful kickoff location for Cyngn as the Company is headquartered in Menlo Park, and Cyngn already serves U.S. Continental with a commercial DriveMod Stockchaser deployment in Southern California. California plays a significant role in American manufacturing. The state has seen annual growth in manufacturing output for years, surpassing $324 Billion of manufacturing output in 2019. Despite this economic growth, the number of employees that are employed in California manufacturing is hovering around 30-year lows with only approximately 1.3 million currently employed compared to almost 2 million in the early 1990’s. Cyngn aims to help its customers address the increasing pressure from labor shortages with its EAS solutions.

To register for an AVR or to request a Demo Day at your facility, please visit https://get.cyngn.com/roadshow.