Smith Micro Publicizes Michael Fox as Interim Vice President, Finance; Will transfer to Interim Chief Monetary Officer

PITTSBURGH – (BUSINESS WIRE) – Smith Micro Software, Inc. (NASDAQ: SMSI) announced today that the company has hired Mike Fox as interim vice president of finance as part of the orderly transition to replace Tim Huffmyer as CFO. Following the departure of Mr. Huffmyer, Mr. Fox will serve as the company’s interim CFO as the company continues its search for a permanent CFO over the next several months.

Mr. Fox is an accomplished business executive with over 25 years of experience in the financial sector. He has held operational positions in large corporations, including CFO and senior finance manager in both private and public companies.

The company is continuing its formal search for a CFO initiated last month following Huffmyer’s announcement that it would leave his position in early September to take on a new role.

About Smith Micro Software, Inc.

Smith Micro develops software to simplify and enhance the mobile experience and provides solutions for some of the leading wireless carriers and cable MSOs around the world. From enabling the family’s digital lifestyle to delivering powerful voice messaging capabilities, our solutions enrich today’s connected lifestyle and create new ways to engage consumers through smartphones and IoT devices. The Smith Micro portfolio also includes a wide range of products for creating, sharing and monetizing rich content, such as: Please visit www.smithmicro.com for more information.

Smith Micro and the Smith Micro logo are registered trademarks or trademarks of Smith Micro Software, Inc. All other brand and product names are the property of their respective owners.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements regarding future events or results, including statements regarding the company’s expected future performance and other statements that include the words “expect”, “anticipate”, “believe”, “plan”, “Intend,” “could,” “will,” and other similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Important factors that could cause or contribute to such differences include changes arising from or related to difficulties in hiring or retaining key executives, the ongoing COVID-19 pandemic, including changes in consumer behavior, changes in our customers’ retail operations and / or changes in health and safety recommendations and requirements, changes in customer or platform requirements, and limitations on our ability to compete effectively with other software and technology companies. These and other factors discussed in our filings with the Securities and Exchange Commission, including our filings on Form 10-K and 10-Q, could cause actual results to differ materially from those expressed or implied in forward-looking statements contained results differ. The forward-looking statements contained in this press release are based on management’s beliefs and beliefs, and we assume no obligation to update these statements to reflect events or circumstances that have occurred after the date of this press release.