Sonim Announces Purchase Orders From Major US Carrier For Next-Generation Rugged Phones

Orders for the next generation of XP5 Plus and XP10 smartphones in summer and fall 2022

austin, texas, May 5, 2022 /PRNewswire/ — Sonim Technologies (Nasdaq: SONM) today announced purchase orders totaling $9.5 million from one of the largest U.S. carrier customers. The purchase orders cover initial storage inventory for two of the company’s next-generation ultra-rugged phones due to be introduced in 2022: the XP5 Plus feature phone with capabilities Enhanced PTTs and Sonim’s next generation XP10 5G rugged smartphone.

Sonim Technologies (PRNewsPhoto/Sonim Technologies)

Sonim Technologies (PRNewsPhoto/Sonim Technologies)

“We are excited to secure these initial orders from a long-standing carrier partner for our new XP5 Plus and XP10 rugged smartphone devices, which are scheduled to debut later this year,” he said. peter liuCEO of Sonim. “These first awards demonstrate operator enthusiasm for our next-generation phones that feature Sonim’s rugged engineering technologies. We believe these awards are also early indicators of market demand that we seek to tap into under our new business strategy, which offers a broader range of 5G smartphones, feature phones, mobile hotspots and other industrial communications equipment that incorporate our strong heritage.”

The XP5 Plus is expected to be available this summer, and Sonim’s new XP10 rugged 5G smartphone device is expected to start shipping in the fall. Operator awards were made based on design specifications, feature set and costs provided by Sonim as part of an RFP process.

Sonim is a leader in rugged mobile phones for workers in industries such as public safety, construction, manufacturing, field service, transportation, hospitality, and more. Key features of the new devices include:

  • Compatibility with 5G networks, FirstNet public safety broadband network, and CBRS-based private networks.

  • Ultra-bright, sunlight-readable displays and gloved touchscreens designed for outdoor use.

  • OneTouch PTT: A dedicated PTT button provides instant communications without the need to wake the device or launch the app like consumer smartphones

  • Ultra-loud speakers and noise suppression – make sure you can communicate in the harshest conditions

  • Red Button (Emergency): Instantly alerts dispatch and/or emergency services that can be customized with the free Sonim SOS app and available through the FirstNet App Catalog.

  • Heavy Duty Accessories – A wide range of industrial accessories including remote speaker microphones, wireless microphones, vehicle mounts to address common first responder needs

About Sonim
Sonim Technologies is a leading US provider of ultra-rugged mobile phones and accessories designed specifically for workers who are physically engaged in their work environments, often in mission-critical roles. We currently sell our rugged mobility solutions to several of the largest wireless carriers in the United States, including AT&T, T-Mobile, and Verizon, as well as the three largest wireless carriers in Canada: Bell, Rogers, and Telus Mobility. Our phones and accessories connect workers with voice, data and workflow applications in two end markets: the industrial enterprise and the public sector. Our rugged phones and accessories are sold through distributors in North America, South America Y Europe. For more information visit www.sonimtech.com.

Participants in the Proxy Request
This communication is not a proxy solicitation of any investor or security holder. Sonim and its directors, executive officers and other members of its management and employees may, under SEC rules, be considered participants in Sonim’s stockholders’ solicitation of proxies in connection with the transaction. Investors and security holders can obtain more detailed information about the names, affiliations and interests of Sonim’s directors and executive officers in Sonim’s Annual Report on Form 10-K filed with the SEC on March 21, 2022, as amended, and other reports filed with the SEC. Additional information about the participants in the proxy statement will also be included, when available. When available, these documents can be obtained free of charge from the sources listed above.

Important Cautions Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements relate to, among other things, the expected timing of availability of Sonim’s XP5 Plus and XP10 5G smartphones and expected market demand for these products. These forward-looking statements are based on Sonim’s current expectations, estimates and projections about its business and industry, the beliefs of management and certain assumptions made by Sonim, all of which are subject to change. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “future,” “believe,” “expect,” “may,” “will,” “intend,” “estimate,” “continue,” or similar expressions or the negative of those terms or expressions. Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed or indicated in the forward-looking statements. Factors that may cause actual results to differ materially include, but are not limited to, the following: Sonim’s ability to continue as a going concern and improve its liquidity and financial position; the risk that the proposed equity investment in Sonim, as disclosed in april 2022 it can be consummated at the opportune moment, in any case; Sonim’s exploration of strategic or financial alternatives may not result in any transaction or alternative that increases value; risks related to Sonim’s ability to meet the continued listing standards of the Nasdaq Stock Market and the potential delisting of Sonim’s common stock; Sonim’s ability to continue to develop solutions to effectively address user needs, including its next generation products; anticipated sales levels of new and legacy products; Sonim’s dependence on its channel partners to generate the vast majority of its revenues; Sonim’s limited operating history in the markets; Sonim’s ongoing restructuring and transformation of its business; the change in the quarterly results of Sonim; the lengthy customization and certification processes for Sonim’s wireless transport customers; the impact of the COVID-19 pandemic; and the Securities and Exchange Commission’s ongoing investigation of Sonim’s business, as well as the other risk factors described in “Risk Factors” included in Sonim’s Annual Report on Form 10-K for the year ended December 31, 2021and any risk factors contained in subsequent quarterly and annual reports you file with the Securities and Exchange Commission (available at www.sec.gov). Sonim cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. Sonim undertakes no obligation to update any forward-looking statement to reflect events or circumstances that may arise after the date of this release, except as required by law.

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SOURCE Sonim Technologies, Inc.

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