LATEST AUTO BUZZ AROUND BEN AI AND WRIGHT BREWER

Brand Engagement Network Inc. announced the termination of its Exclusive Reseller Agreement (the ?Agreement?) with AFG Companies, Inc. (?AFG?) and the filing of a lawsuit in the Northern District of Texas, Dallas Division, against AFG and its CEO, Ralph Wright Brewer III. The lawsuit alleges fraudulent misrepresentation, breach of contract, and the concealment of a ransomware attack on their network shortly before the agreement was executed. The Agreement, signed in August 2023, was intended to expedite BEN?s entry into the automotive market.

However, AFG?s failure to provide access to the agreed-upon operational-ready data platform hindered BEN?s ability to deliver its AI solutions to dealerships. BEN believes these issues caused significant delays in key automotive initiatives and irreparably damaged trust in the partnership. BEN Prepares for 2025 Automotive AI Agent Rollout: BEN is finalizing preparations to launch its Automotive AI Agent, a solution that integrates with major automotive data and service platform providers and supports over 13,000 dealerships nationwide.

This initiative highlights BEN?s strong commitment to the automotive sector. The AI Agent streamlines dealership operations by improving lead conversion, automating scheduling, enhancing service efficiency, and providing advanced analytics. Additionally, BEN plans to expand its efforts through pilot programs in the Midwest, stronger reseller partnerships in Mexico, and collaborations with Canadian dealership groups.

These initiatives showcase BEN?s dedication to delivering innovative, safe, scalable, and data-driven solutions to meet the evolving needs of automotive dealerships. AI Healthcare Solutions for Patient Engagement Continues to Expand: BEN continues to expand its AI healthcare solutions to transform patient engagement and streamline communications. These solutions adhere to key regulations, including HIPAA, GDPR, SOC 2 Type 1, and CCPA, ensuring the protection of PII and PHI.

By prioritizing robust data security and reducing administrative burdens, BEN empowers healthcare providers to focus on delivering high-quality care.

Market Screener Article – https://www.marketscreener.com/quote/stock/BRAND-ENGAGEMENT-NETWORK–167370773/news/Brand-Engagement-Network-Inc-Announces-Termination-of-Exclusive-Reseller-Relationship-with-AFG-Comp-48801294/

BEN Press Release – https://investors.beninc.ai/news-releases/news-release-details/ben-ends-exclusive-reseller-relationship-afg-advances-automotive