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Cyngn to Attend the American Automotive Summit in Detroit to Capitalize on Its Momentum in Manufacturing

Cyngn |

DETROIT, Sept. 21, 2023  – Cyngn Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, will attend the American Automotive Summit on October 24-25 at the MGM Grand in Detroit. The American Automotive Summit is a leadership-focused meeting about improving plant floor operations and manufacturing strategy globally. The summit provides insights and strategies to enhance the professional development of executives involved in automotive manufacturing, operations, design, engineering, supply chain quality, and innovation. 

“The American Automotive Summit is an opportunity for us to meet with manufacturing decision makers and stay at the forefront of trends and developments disrupting the manufacturing and operations sector,” said Lior Tal, chief executive officer of Cyngn. “We look forward to participating in the conference and conversations around automating the supply chain and how our technology can transform the future of warehouse automation.”

This year’s summit will examine key case studies around how workforce management, manufacturing process optimization, quality and cost management, and automation are being rolled out across the world. 

If you’d like to meet with executives from Cyngn while at the American Automotive Summit, visit Cyngn at Booth B or contact the team by visiting https://www.cyngn.com/contact

Susan Donahue

Skyya PR for Cyngn Inc. (Nasdaq: CYN)

susan.donahue@skyya.com

651-283-8700

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 Securities and Exchange Commission (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 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.

Cautionary Note. 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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