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Kennedy Robotics AI Joins Cyngn’s Dealer Network and Will Begin Selling DriveMod Tuggers

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MENLO PARK, Calif., Oct. 25, 2024 /PRNewswire/ — Cyngn Inc. (Nasdaq: CYN) today announced the expansion of its dealer network to include Kennedy Robotics AI, a provider of innovative autonomous robotics solutions. Kennedy Robotics will begin selling Cyngn’s autonomous DriveMod Tugger, which bundles Cyngn’s AV technology with Motrec’s MT-160 vehicle.

“We are excited to welcome Kennedy Robotics AI to our growing dealer network, bringing the DriveMod Tugger to even more businesses seeking reliable, safe, and innovative AV solutions,” said Cyngn CEO, Lior Tal.

“Safety is fundamental to every product we build at Cyngn, which is reflected in the rigorously engineered design of our autonomous technology stack. As we tap into new markets with each partnership, we remain committed to upholding these high performance standards through capabilities like 360-degree perception, designed to safeguard employees and minimize the risk of costly incidents.”

This announcement comes on the heels of two recent dealer network expansions: the addition of RobotLab, a robotics company with over 10,000 robots deployed, and Alta Equipment Group, which boasts more than $1 billion in annual sales.  Looking ahead, Cyngn is dedicated to further growing its dealer network by bringing on additional distribution and integration partners.

“With our 35 years of expertise in textile manufacturing, industrial cutting and sewing, and automotive industries, we’re excited to harness the tremendous opportunities presented by Cyngn’s DriveMod solution in meeting the growing demand for advanced, safe robotic solutions,” said Kevin Kennedy, Founder of Kennedy Robotics AI. 

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).

Find Cyngn on:

Website: https://cyngn.comTwitter: http://twitter.com/cyngnLinkedIn: https://www.linkedin.com/company/cyngnYouTube: https://www.youtube.com/@cyngnhq

Investor Contact:
Don Alvarez
investors@cyngn.com

Media Contact:
Luke Renner
media@cyngn.com

About Kennedy Robotics AI, LLC.

KENNEDY ROBOTICS AI, LLC was established in 2024 as our Autonomous Robotics Solutions division of KENNEDY SEWING and CUTTING SUPPLY, LLC. They are introducing and deploying Autonomous Robotic Solutions in Industry 4.0. Welcome to Industry 4.0, creating a harmonious collaboration between humans and robots. Through their close collaboration with their robotics partners and their strategic partner integrators, they are preparing you and your team for a bright and promising future in Industry 5.0.

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 (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.

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BetterRX Launches BetterVisit to Cut Mileage and Labor Costs for Hospice and Home Health Agencies

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Field tests show this new GPS-verified field operations system reduces mileage by an average of 19% and saves about 20 minutes on every new patient assignment.

SALT LAKE CITY, Oct. 28, 2026 /PRNewswire-PRWeb/ — BetterRX today announced the launch of BetterVisit™, which helps hospice and home health agencies reduce mileage and labor costs by replacing the patchwork of caseload planning, patient assignment, and mileage reporting tools with one GPS-verified field operations system. In pre-launch field tests, BetterVisit cut mileage by an average of about 19% with optimized routes, and its Smart Patient Assignment saved an average of approximately 20 minutes on every new admission¹. For a busy agency, that time adds up to hours back every week.

BetterVisit gives agency leaders and finance teams the same accurate picture, so clinicians spend less time driving and more time with patients. — Eric Hemming, President, BetterRX.

For home-based care agencies, travel is one of the largest costs they can control. Agency leaders know mileage reimbursement is not a small line item, and every hour spent driving is paid time not spent with patients. Yet the data behind both costs is incomplete. Mileage is usually self-reported by employees or estimated from address to address, so agencies reimburse what was written down, not what was actually driven. Meanwhile, agencies manually balance caseloads and geography with spreadsheets, maps, and phone calls, without clearly seeing what each assignment will cost in miles and time. BetterVisit is built to close that gap.

“As we grow, we’ll get a rush of referrals in one territory, and suddenly one nurse is buried while another has room,” said Linda Booker, Administrator at OSPTA. “We used to draw territories based on assumptions and whoever knew the area best. BetterVisit gives us a real picture of where our patients are, so we can rebalance before anyone gets buried. It makes life a lot easier.”

The cost isn’t only in miles. Capacity is a challenge across home-based care: industry research shows more than 60% of home health providers report turning down referrals². Every referral turned away represents lost revenue, and every hour lost to driving or phone tag reduces an agency’s capacity to admit patients.

BetterRX built BetterVisit after hearing about the same coordination gap again and again from the agencies it works with every day. BetterVisit brings territories, patient assignment, routing, and verified mileage into one system:

Territory Builder. Draws balanced territories based on where clinicians and patients are located, and shows how each change affects every clinician’s average mileage.Smart Patient Assignment. Uses the agency’s territories to recommend the clinician best placed to take each new patient, and shows the miles that patient would add each week before anyone commits.Daily Route Optimization. Optimizes routes every day and re-sequences visits automatically when a new patient or unplanned visit is added.GPS-Verified Mileage. Records the miles clinicians actually drive, including detours, instead of self-reported or estimated mileage. Visits and mileage that need a second look are surfaced for review before payroll, so leaders review exceptions instead of auditing every log.Real-Time Coordination. Shows leaders which clinicians are available and closest when a patient’s needs change, so they can coordinate coverage without calling around. The agency still decides who goes.Family Updates. Sends families a text when the clinician is on the way, manually or automatically. The family doesn’t need to download an app.

“Agency leaders told us the hardest part of their day isn’t delivering care. It’s coordinating everything around it,” said Eric Hemming, President of BetterRX. “They make dozens of decisions a day with incomplete information, and finance teams reimburse mileage they can’t verify. BetterVisit gives agency leaders and finance teams the same accurate picture, so clinicians spend less time driving and more time with patients.”

For field-based staff such as clinicians, PRNs, and chaplains, BetterVisit means a smarter route between visits, reimbursement for the miles they actually drive, and voice dictation for notes on the spot.

With BetterVisit, BetterRX is once again improving the care experience for hospice organizations. BetterVisit is available now to any hospice agency, whether or not it uses BetterRX for pharmacy services, and will be available to home health agencies in 2027.

To learn more or request a demo, visit www.betterrx.com/bettervisit.

¹ Average results across BetterVisit hospice agency field tests, 2026
² Homecare Homebase, “What Clinicians Are Really Asking For & What It Means for Your Retention Strategy,” 2026. Home Health Care News, July 2026.

About BetterVisit

BetterVisit is a GPS-verified field operations system for home-based care agencies. It combines territory building, smart patient assignment, daily route optimization, verified mileage, and family updates to help agencies control travel costs, make the most of clinician capacity, and coordinate care as the day changes. Learn more at www.betterrx.com/bettervisit.

About BetterRX

BetterRX delivers a better hospice pharmacy experience, combining intelligent medication management, hospice-specific local pharmacy coverage plans designed for speed and operational certainty, and top-rated client support to help hospice organizations standardize medication management, improve patient care, strengthen operational efficiency, and achieve more predictable pharmacy spend. BetterRX provides 100% transparent, pass-through pharmacy pricing, giving hospice leaders real-time visibility and control over medication management and pharmacy costs.

Founded in 2007, BetterRX has more than 19 years of exclusive hospice experience. Originally established as a hospice pharmacy serving the Rocky Mountain region, today the company supports hospice organizations nationwide, from independent providers to some of the nation’s largest multi-state enterprises. BetterRX is a privately held company with a strategic investment from BVP Forge (Bessemer Venture Partners) to support continued innovation, expand its technology platform, and accelerate long-term growth. BetterRX has earned an “A” Voice of the Customer rating for six years in a row and 99% of clients rate BetterRX as a highly trusted partner. For more information, visit www.betterrx.com.

Media Contact

Steve Greene, BetterRX, 1 855-590-2100, marketing@betterrx.com, www.betterrx.com

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From Answers to Action: KNEX Unveils AI Agentic Apps for Oracle E-Business Suite, PeopleSoft, and JD Edwards at Oracle AI World 2026

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Building on the AI Agent Packs launched earlier this year, KNEX introduces purpose-built agentic applications that don’t just answer questions, but plan, execute, and complete end-to-end business processes inside the Oracle Applications (unlimited) customers already run.

IRVINE, Calif., Oct. 28, 2026 /PRNewswire-PRWeb/ — KNEX Technology, a recognized Oracle Partner, today announced at Oracle AI World 2026 the availability of KNEX AI Agentic Apps for Oracle E-Business Suite (EBS), PeopleSoft, and JD Edwards. The new apps bring AI-powered Command Centers to finance, HR, and supply chain teams, helping organizations eliminate manual work, accelerate cycle times, and modernize their Oracle investments without replacing them.

Our Command Centers put agents to work across complete business processes, inside the EBS, PeopleSoft, and JD Edwards environments our customers have relied on for decades.

The launch builds on the KNEX AI Agent Packs introduced earlier this year, which gave EBS, PeopleSoft, and JD Edwards users conversational access to live enterprise data. KNEX AI Agentic Apps take the next step, moving from answering questions to completing work.

KNEX AI Agentic Apps are created for the many organizations running EBS, PeopleSoft, and JD Edwards that are unable to migrate to Oracle Fusion Applications. They give these customers a practical path to agentic AI on the Oracle Applications (unlimited) they already depend on, without waiting on a costly and disruptive migration.

At the heart of each Agentic App are Command Centers powered by KNEX AI Agent Packs. Each Command Center opens with a daily briefing for its functional area, highlighting what changed, what needs attention, and what’s coming up. Configurable tiles deliver the information and AI-generated insights each team cares about most, and, optionally, users can initiate actions directly from the Command Center, with people kept in the loop for review and approval.

Security is built in, not bolted on. KNEX AI Agents and Agentic Apps enforce role-based access using the responsibilities and privileges users already hold in the underlying Oracle Applications (unlimited) suite. A user sees only the data, and can take only the actions, that EBS, PeopleSoft, or JD Edwards already permits for their role, so AI never becomes a back door to sensitive information. The apps are embedded directly in existing Oracle deployments, work with live transactional data, and deploy without an upgrade, migration, or major transformation project.

“Earlier this year, our AI Agent Packs showed customers how much faster work gets done when they can simply ask their Oracle Applications (unlimited) for answers,” said Basheer Khan, CEO of KNEX Technology. “With KNEX AI Agentic Apps, we’re moving from answers to action. Our Command Centers put agents to work across complete business processes, inside the EBS, PeopleSoft, and JD Edwards environments our customers have relied on for decades.”

“Agentic AI only delivers value in the enterprise when it is accurate, governed, and grounded in real business data,” said Gustavo Gonzalez, CTO of KNEX Technology. “Every action is traceable, critical steps can require human approval, and customers stay in control of how much autonomy they grant.”

Existing Agent Pack customers can extend their deployments with Agentic Apps, while new customers can start with the processes that matter most to them.

Attendees at Oracle AI World 2026 can see live demonstrations at KNEX booth #5026 at The Venetian Convention and Expo Center in Las Vegas through Oct. 28. To learn more or schedule a demonstration, visit www.knextech.com.

Media Contact

Husna Gyasi, KNEX Technology, 1 (949) 232-0786, hghayaisi@knextech.com, knextech.com

Twitter, LinkedIn

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Movantis Integrates with the Stellar Network to Expand Its Cross-Border Payments Infrastructure

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Announced at Meridian 2026 in Lisbon, the integration adds the Stellar network to Movantis’s multi-rail infrastructure, starting with USDC settlement for cross-border flows from the United States to El Salvador.

LISBON, Portugal, Oct. 28, 2026 /PRNewswire/ — At Meridian 2026, the Stellar Development Foundation’s flagship annual conference, Movantis, the unified financial infrastructure platform that enables businesses to move value across global markets, announced an integration with the Stellar network.

The collaboration adds the Stellar network as an additional digital settlement rail within Movantis’s architecture. The Stellar network accelerates the digital settlement leg, while Movantis leverages its connections to regulated local infrastructure and partners for liquidity, fiat conversion where needed, and last-mile payout.

For Movantis, the integration is part of a broader multi-rail strategy. Traditional banking infrastructure, local payment systems and digital settlement rails each play a role, giving the platform greater flexibility and resilience across markets. The Stellar network provides an additional blockchain rail for digital settlement, while Movantis connects that settlement layer with regulated markets and local payout infrastructure.

The first planned use case will focus on movement of value from the United States to El Salvador. Through its regulated subsidiaries, Movantis plans to use USDC on the Stellar network as the settlement leg, with local partners supporting conversion and last-mile payout. As a dollarized economy, El Salvador is a natural starting point: value settles in USDC and is paid out to recipients in US dollars, with no additional currency exposure along the way.

For businesses and end users, the blockchain layer stays behind the scenes. They continue to use familiar currencies and payment experiences, while the settlement leg runs 24/7, including weekends and holidays. That can reduce the capital remittance companies and businesses need to keep prefunded in the corridor.

The integration is also designed to work in the other direction. Businesses operating on the Stellar network will be able to reach recipients in Latin America through Movantis, settling in stablecoins and paying out locally. Remittance companies, fintechs and wallets will be able to access the corridor through the same Movantis integration they already use for other markets.

“Cross-border payments do not need one winning rail. They need infrastructure that can use the right rail for each leg of the transaction,” said Robert Gatto, Chief Revenue Officer of Movantis. “Stellar gives us another efficient way to settle, and our job is making sure that speed turns into dollars a business or a family can actually use in El Salvador.”

“Movantis has spent two decades building local partnerships and payout networks designed to make cross-border payments work across the Americas, and that is exactly the kind of foundation the Stellar network was built to support,” said Jose Fernandez da Ponte, President and Chief Growth Officer at the Stellar Development Foundation. “Integrating the Stellar network as a settlement option, starting with the U.S.-to-El Salvador corridor, is designed to support faster and more efficient settlement for the businesses and people who rely on these flows every day.”

Digital rails are new. Moving money across borders is not. For more than 20 years, Movantis has done the hard part in some of the most complex markets in the Americas: procuring licenses and building the local partnerships, liquidity and last-mile payout that make cross-border payments work. Today, its network moves more than $60 billion a year across more than 200 million transactions and over 90,000 payout locations. The Stellar network now plugs into that foundation.

Beyond El Salvador, Movantis expects the architecture to support additional B2B and consumer flows, including for businesses in Europe, Asia and across Latin America that want to operate in the region through a single integration. The goal is not to replace existing rails, but to add another settlement option to Movantis’s multi-rail infrastructure through Institutional Stablecoin Settlement, which gives companies one integration to collect, convert, settle and pay out across Latin America, in fiat or stablecoin.

About Movantis

Movantis is a trademark used to represent the collective capabilities, products and services offered by Transnetwork LLC and its subsidiaries. The Movantis-branded companies provide unified financial infrastructure that enables businesses to move value across global markets through one integration. Built on more than 20 years of experience across the Americas, the platform supports more than 200 million annual transactions, connectivity across 130+ countries, and more than 90,000 payout locations. Through its infrastructure, locally regulated entities and authorized partners, Movantis connects global financial ecosystems with local market access, supporting cross-border and embedded operations across multiple markets. All services described are provided by locally regulated entities or authorized partners, subject to applicable laws and regulations in each jurisdiction. Move Value. Unlock Growth. www.movantis.com.

About the Stellar Network

The Stellar network is a decentralized, fast, and scalable blockchain built for financial products and services. It enables smart contracts and supports issuing, managing, and moving real-world regulated assets at institutional scale.

Assets can be fully decentralized or configured for KYC, clawbacks, and sanctions compliance.

Open means no vendor lock-in. Configurable means enterprise-ready. The Stellar network has been servicing payments and financial use cases since 2014.

For more information, visit https://stellar.org/foundation.

Media Contacts

Movantis: Sofia Conde, Event Manager and 3rd Party Associations, sofia.conde@movantis.com  

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