MUNIC: AT THE AAPEX EXHIBITION IN LAS VEGAS, MUNIC DEMONSTRATED EKKO, ITS PLATFORM FOR ACCESS TO VEHICLE DATA AND REMOTE DIAGNOSTICS – 11/14/2022 at 18:30

THE PRESENTATION WAS MADE IN COLLABORATION WITH HELLA GUTMANN SOLUTIONS AND THE AUTO CARE ASSOCIATION

MUNIC (Euronext Growth® Paris – FR0013462231 – ALMUN)

a specialist in embedded technologies and artificial intelligence for the enhancement of automotive data, presented at the AAPEX show (

Automative Aftermarket Products Expo

) in Las Vegas, in collaboration

The Autocare Association

,

EKKO

platform for remote access to vehicle data and high value-added services in DaaS mode (

Data as a Service

) via a subscription model. The services offered concern vehicle owners as well as all manufacturers and service operators in this industry, for all types of vehicle. Among the services offered by MUNIC at AAPEX: the possibility of carrying out complete remote scanning of vehicles using MUNIC’s very competitive technologies for the aftermarket. During this presentation, the complete scan – or diagnosis – is carried out with a solution of

Hella Gutmann Solutions

in association with EKKO, which allows this service to be operated completely remotely without modifying the Hella Gutmann Solutions tool, designed for local use.

Simple and secure access to vehicle data is a major development, expected for many years by the automotive industry: it makes it possible to trigger roadside assistance actions remotely, to send preventive alerts to motorists or to diagnose proactively vehicles remotely to significantly improve the customer experience during repair and maintenance interventions.

For many years, independent access to vehicle data was very limited or non-existent, but the latest technologies have radically changed the situation, enabling mass adoption and deployment:

• The continuous improvement of electronic performance and the reduction of costs make it possible to equip any vehicle at a lower cost;

• the
  
  Edge Computing
  
  can decode and process the huge volumes of data generated by vehicles;

• The new standards in terms of cybersecurity and confidentiality of personal data make it possible to protect the integrity of the vehicle and the private information of the driver: thus, the mechanic and all the companies concerned will only have access to the personal data authorized by the owner of the vehicle. vehicle ;

• The connection with diagnostic services and manufacturer databases in the
  
  clouds
  
  allows full access to vehicle systems and data;

• Applications, services and
  
  business models
  
  are mature and ready for deployment.

During AAPEX, MUNIC presented the different characteristics of EKKO:

• Creation of a secure channel between the vehicle and the third-party diagnostic cloud platform, with the user’s consent;

• Real-time retrieval of vehicle parameters, including full fault code analysis and interpretation;

• Remote vehicle management;

• Access to this data via a vehicle maintenance application, integrated and integrable into a fleet management portal.

Aaron Solomon, President and CEO of MUNIC, comments:

”

MUNIC is proud to be associated with The Auto Care Association, the reference association of the automotive aftermarket industry in the United States, which represents an activity of more than 380 billion dollars. This association promotes the right to repair by securing technologies for independent access to vehicles. These technologies allow its members not only to ensure continuity of service to their customers but also to improve these services by radically changing their relationship with vehicle owners.

»

About

The Autocare Association

The Autocare Association

is the benchmark for the $380 billion auto care industry.

The 538,248 companies in the automotive service industry form a global network of independent automotive aftermarket manufacturers, distributors, repair shops, retailers and service providers large and small. At its core, this integrated network of professionals is dedicated to providing quality parts and products as well as servicing and repairing the 290 million vehicles on the road today.

Auto Care

is a 50% shareholder of the annual AAPEX show in Las Vegas in which MUNIC participated.

About MUNIC

Founded in 2002, MUNIC designs and develops technological solutions, combining Smart Dongles, capable of collecting and decoding thousands of data from automotive vehicle sensors, and an artificial intelligence Edge Computing platform, Munic.io, allowing analyze and value them.

The result of 20 years of R&D, MUNIC’s patented technology combines (i) high-level electronic expertise (design and industrialization of on-board equipment with small footprint, high energy and radio performance, high reliability in the automotive environment, at very competitive costs ), (ii) vehicle data decoding capability, and (iii) an artificial intelligence Edge Computing platform (MUNIC.io) to process such data.

Based in Villejuif (94), with offices in the United States and China, MUNIC has 60 employees, 77% of whom are engineers. The company achieved €19.3 million in revenue in 2021, up +156%, mainly in the United States and Europe. The company is labeled Innovative Company (Bpifrance).

MUNIC is listed on the Euronext Growth® Paris stock exchange (ISIN Code: FR0013462231 – Ticker: ALMUN).

More information on: www.munic.io

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