Bulletin
Investor Alert

press release

July 6, 2022, 8:01 a.m. EDT

Cerence Joins MIH Consortium to Advance Future of Mobility

Cerence's global leadership in conversational AI will accelerate in-vehicle experiences for connected, autonomous, and electric vehicles

BURLINGTON, Jul 06, 2022 (GLOBE NEWSWIRE via COMTEX) -- BURLINGTON, Mass., July 06, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. /zigman2/quotes/214095346/composite CRNC -3.61% , AI for a world in motion, today announced that it has joined the MIH Consortium , a group of strategic mobility industry leaders that is creating an open electric vehicle ecosystem that promotes collaboration in the mobility industry. As a member of the Consortium, Cerence will bring its extensive knowledge and leadership in conversational AI and the in-cabin experience, further advancing the future of electric and autonomous vehicles.

The mission of the MIH Consortium is to realize key technologies and develop reference designs and standards while bridging the gap between members in the ecosystem, resulting in a lower barrier to entry, accelerated innovation, and shorter development cycles. Its goal is to bring together its more than 2,300 members to create innovative solutions for the next generation of EVs, autonomous driving, and mobility service applications.

The MIH Consortium welcomes Cerence as the global industry leader in creating unique, moving experiences across all aspects of mobility. Driving innovation across voice technology and in-cabin experience, Cerence brings a unique perspective that will further the Consortium's strategic mission and drive innovation in partnership with its global base of members.

"With Cerence's leadership in creating incredible in-car experiences for the world's leading automakers and its focus on advancing the future of mobility, we look forward to its contributions to the MIH Consortium," said Jack Cheng, CEO, MIH Consortium. "As we work to advance our mission, partners like Cerence are critical in driving meaningful innovation that will enable the next generation of electric and autonomous vehicles."

"The MIH Consortium is an important network of automotive and mobility leaders that is pushing the industry forward," said Stefan Ortmanns, CEO, Cerence. "By collaborating closely with the Consortium's members, we look forward to playing a key role in advancing next-generation technology for the future of EVs and autonomous cars that puts drivers and passengers at the forefront and enhances their safety, productivity, and comfort."

For more information about the MIH Consortium, visit www.mih-ev.org . To learn more about Cerence, visit www.cerence.com , and follow the company on LinkedIn and Twitter .

About Cerence Inc.
Cerence /zigman2/quotes/214095346/composite CRNC -3.61% is the global industry leader in creating unique, moving experiences for the mobility world. As an innovation partner to the world's leading automakers and mobility OEMs, it is helping advance the future of connected mobility through intuitive, powerful interaction between humans and their cars, two-wheelers, and even elevators, connecting consumers' digital lives to their daily journeys no matter where they are. Cerence's track record is built on more than 20 years of knowledge and more than 450 million cars shipped with Cerence technology. Whether it's connected cars, autonomous driving, e-vehicles, or buildings, Cerence is mapping the road ahead. For more information, visit www.cerence.com .

Contact Information

Kate Hickman | Tel: 339-215-4583 | Email: kate.hickman@cerence.com

COMTEX_409761344/2471/2022-07-06T08:00:41

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

(C) Copyright 2022 GlobeNewswire, Inc. All rights reserved.

/zigman2/quotes/214095346/composite
US : U.S.: Nasdaq
$ 15.75
-0.59 -3.61%
Volume: 477,332
Sept. 30, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$643.52 million
Rev. per Employee
$216,366
loading...
/zigman2/quotes/214095346/composite
US : U.S.: Nasdaq
$ 15.75
-0.59 -3.61%
Volume: 477,332
Sept. 30, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$643.52 million
Rev. per Employee
$216,366
loading...

Partner Center

Link to MarketWatch's Slice.