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UPDATE - Vocodia Announces Commitment Letter to Acquire a Majority of Privacy Pal LLC; Tech Industry Veteran Jason Melo to Serve as CEO
Globenewswire· 2026-01-07 14:23
Core Viewpoint - Vocodia Holdings Corp has announced a commitment to acquire 51% of Privacy Pal LLC, aiming to enhance its AI-driven customer engagement solutions with advanced data protection capabilities [1][2]. Group 1: Acquisition Details - The acquisition of Privacy Pal will integrate its AI privacy solution with Vocodia's conversational AI technology, creating a robust solution for secure enterprise engagement [2]. - PrivacyPal AI operates in web browsers to protect sensitive data when using various AI tools, requiring no complex setup [2]. Group 2: Leadership Transition - Jason Melo will be appointed as the new CEO of Vocodia following the acquisition, while current CEO Brian Podolak will transition to Chief Visionary Officer [3][5]. - Podolak will focus on long-term product innovation and R&D strategy, stepping away from day-to-day operations [5][6]. Group 3: Jason Melo's Background - Jason Melo has a strong track record in technology innovation, particularly in financial technology and enterprise AI, and has co-founded Paxos, a regulated crypto exchange [4][8]. - He holds 8 patents and has experience in creating scalable systems for global organizations, including significant contributions to Node.js and Liquidnet [4][8]. Group 4: Company Overview - Vocodia develops AI-driven systems for automating customer engagement and operational workflows across various industries, enhancing customer satisfaction and reducing costs [7]. - The company's Digital Intelligence Sales Agent (DISA) platform offers scalable, multilingual solutions for real-time customer interactions [7].
Vocodia Announces Commitment Letter to Acquire a Majority of Privacy Pal LLC; Tech Industry Veteran Jason Melo to Serve as CEO
Globenewswire· 2026-01-07 13:00
Core Viewpoint - Vocodia Holdings Corp has announced a commitment to acquire 51% of Privacy Pal LLC, aiming to enhance its AI-driven customer engagement solutions with advanced data privacy capabilities [1][2]. Company Overview - Vocodia Holdings Corp specializes in AI-driven systems that automate customer engagement and operational workflows across various industries, with its Digital Intelligence Sales Agent (DISA) platform providing scalable, multilingual solutions [7]. - The company is based in Boca Raton, Florida, and partners with organizations globally to modernize customer-interaction operations [7]. Acquisition Details - The acquisition of Privacy Pal LLC, which offers an AI privacy solution that protects sensitive data during the use of AI tools, is intended to integrate with Vocodia's conversational AI technology [1][2]. - This strategic move is expected to create a powerful solution for secure, automated enterprise engagement [2]. Leadership Transition - Jason Melo will be appointed as the new CEO of Vocodia following the acquisition, bringing extensive experience in technology and innovation [3][4]. - Current CEO Brian Podolak will transition to the role of Chief Visionary Officer, focusing on long-term product innovation and R&D strategy [3][5]. Jason Melo's Background - Jason Melo has a strong track record in financial technology and enterprise AI, having co-founded Paxos and contributed significantly to the development of Node.js [4][8]. - He holds 8 patents and has experience in creating scalable systems for global organizations, including leading projects for major clients like Priceline.com and Microsoft [5][8]. Strategic Vision - The leadership transition is seen as a pivotal moment for Vocodia, with Podolak emphasizing the importance of Melo's expertise in enhancing security and privacy in AI solutions [5][6]. - The company aims to redefine its role in the AI revolution by focusing on security and privacy, responding to client demands for industry-standard protocols [5].