Exhibit 99.1 Cerence Announces Second Quarter Fiscal 2025 Results; Revenue and Profitability Exceed High End of Guidance "I'm incredibly proud of what our team has accomplished. We surpassed the high end of our revenue and adjusted EBITDA guidance and posted our fourth consecutive quarter of positive free cash flow, demonstrating the high value we provide to the world's leading automakers as they work through the ongoing macro uncertainties and complexities facing the industry today," said Brian Krzanich, C ...

Headlines BURLINGTON, Mass., May 07, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, today reported its second quarter fiscal year 2025 results for the quarter ended March 31, 2025. Results Summary (in millions, except per share data) | | | | Three Months Ended | | | | Six Months Ended | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | March 31, | | | | March 31, | | | | 2025 | | | 2024 | | 2025 | | ...

BURLINGTON, Mass., May 06, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced the filing of a copyright infringement and breach of contract lawsuit against Microsoft and Nuance Communications in the United States District Court for the District of Delaware. Cerence AI and its predecessors have an extensive history of industry-leading innovation and technological achievement. This has resulted in a strong ...

BURLINGTON, Mass., May 05, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced an expanded collaboration with its long-time partner and distributor, Code Factory, to introduce VoiceTopping, a new solution that will bring conversational AI to self-service kiosks in a variety of industries. The announcement marks an important step as Cerence AI begins its strategic expansion into new markets, bringing the p ...

Core Insights - Cerence Inc. has announced a partnership with MediaTek and expanded collaboration with NVIDIA to enhance its CaLLM™ Edge, an embedded small language model designed for automotive user experiences [1][2] - The new multi-modal capabilities powered by NVIDIA AI Enterprise software will improve in-car interactions, making them smarter, safer, and more secure [1][2] - The partnership aims to deliver advanced features for both drivers and automakers, unlocking new subscription-based services and revenue streams [3][4] Group 1: Partnership and Technology - The collaboration between Cerence, MediaTek, and NVIDIA focuses on integrating MediaTek's automotive-grade Dimensity Auto Cockpit chipsets with NVIDIA's technologies to create a high-performance, cost-efficient solution for automakers [2][4] - CaLLM Edge will be showcased at Auto Shanghai 2025, demonstrating its capabilities in a production-ready automotive reference design [3][6] - The multi-modal edge solution is designed to enhance contextual awareness both inside and outside the vehicle, improving the overall in-vehicle experience [2][5] Group 2: Innovations and Features - Key innovations include the ability for the in-car assistant to understand and respond to multiple users simultaneously, enhancing interaction [5] - The system can provide contextual information about the vehicle's surroundings, such as translating road signs and identifying buildings [5] - Cerence AI has developed automotive guardrails optimized for NVIDIA DRIVE AGX to ensure safe and reliable in-car interactions, even with limited connectivity [5][6] Group 3: Market Impact - The advancements in CaLLM Edge are expected to reduce cloud bandwidth requirements and costs for OEMs, while also enabling new revenue opportunities through generative AI-powered features [3][4] - The collaboration is positioned as a significant addition to the automotive ecosystem, allowing global automotive brands to accelerate their next-generation designs [4][6] - Cerence AI's technology has been integrated into over 500 million cars, highlighting its established presence in the automotive industry [8]

Core Insights - Cerence Inc. will announce its second quarter financial results for the period ending March 31, 2025, on May 7, 2025, at 4:05 PM Eastern Time [1] - A live conference call and webcast will be held on the same day at 5:00 PM Eastern Time to discuss the results [2] Company Overview - Cerence Inc. is a global leader in creating AI-powered user experiences in the automotive and transportation sectors [3] - The company has shipped over 500 million cars equipped with its technology and collaborates with leading automakers and technology firms [3] - Cerence is headquartered in Burlington, Massachusetts, and has a global presence dedicated to advancing AI innovation [3]

Core Insights - Cerence Inc. has been awarded the Best Technology Award by HARMAN, highlighting its commitment to innovative AI solutions for enhancing in-car experiences [1][2][4] - The recognition reflects a long-term collaboration between Cerence AI and HARMAN, focusing on automotive technology innovations [2][4] - HARMAN's recent introduction of the "Luna" avatar, powered by Cerence AI's technology, showcases the integration of emotionally intelligent AI systems in vehicles [3] Company Overview - Cerence Inc. is a leader in creating AI-powered experiences in the automotive sector, with over 500 million cars equipped with its technology [5] - The company specializes in voice, generative AI, and large language models to enhance user experiences in transportation [5] - Cerence AI is headquartered in Burlington, Massachusetts, and operates globally, partnering with major automakers and technology firms [5]

Core Insights - Cerence Inc. has been awarded the Best Technology Award by HARMAN, highlighting its commitment to innovative AI solutions for enhancing in-car experiences [1][2][4] - The recognition is a result of a long-term collaboration between Cerence AI and HARMAN, focusing on innovations that shape the future of automotive technology [2][4] Company Overview - Cerence Inc. is a global leader in creating AI-powered experiences in the automotive and transportation sectors, with over 500 million cars equipped with its technology [5] - The company specializes in voice, generative AI, and large language models to provide safer and more enjoyable journeys for drivers and passengers [5] Recent Developments - At CES 2025, HARMAN introduced its "Luna" avatar, which is powered by Cerence AI's voice assistant, enhancing personalized interactions in vehicles [3] - Cerence AI's CaLLM™ Edge SLM has been integrated into HARMAN's Ready Upgrade, facilitating third-party app development for in-car applications while ensuring data security [3]

Group 1: Company Achievements - Cerence Inc. received the Best Contribution Award at the 2025 ECARX Partnership Conference, marking the second consecutive year of recognition for its contributions to ECARX and its OEM customers [1] - The partnership between Cerence AI and ECARX has been ongoing since ECARX's founding in 2017, focusing on automotive programs for various Geely brands, including Audio AI solutions and multilingual support [2] Group 2: Partnership Developments - The collaboration has recently expanded to include the deployment of Cerence's generative AI-powered solutions, enhancing the driving experience for smart drivers [3] - The ECARX Antora 1000 platform, utilized in the Hongqi 007/009 models, features advanced voice functionalities, including English speech recognition and text-to-speech capabilities in 17 languages, supporting Hongqi's global market expansion [3] Group 3: Company Overview - Cerence Inc. is a leader in creating AI-powered experiences in the automotive sector, with over 500 million cars shipped with its technology [5] - ECARX, founded in 2017 and listed on Nasdaq in 2022, has over 1,800 employees and its products are present in over 7.3 million vehicles worldwide [6][7]

Core Insights - Cerence Inc. has appointed Marion Harris, a former executive at Ford Motor Company, as an independent, non-executive director effective April 1, 2025 [1] - Harris brings over 25 years of experience in the automotive and financial services sectors, including his role as Chairman and CEO of Ford Motor Credit Company, where he led a successful digital transformation [2] - The addition of Harris to the Cerence AI Board is expected to provide strategic insights as the company continues to innovate in automotive and expand into the broader mobility market [3][4] Company Overview - Cerence Inc. is a global leader in creating AI-powered user experiences in the automotive and transportation sectors, with over 500 million cars equipped with its technology [5] - The company focuses on leveraging voice, generative AI, and large language models to enhance safety and connectivity for drivers and passengers [5] - Cerence is headquartered in Burlington, Massachusetts, and collaborates with leading automakers and technology companies to advance user experiences [5]