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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
BOCA RATON, Fla., Jan. 07, 2026 (GLOBE NEWSWIRE) -- Vocodia Holdings Corp (OTC: VHAI) (“Vocodia” or the “Company”), a pioneer in AI-driven customer engagement solutions, today announced it has entered into a commitment letter to acquire 51% of Privacy Pal LLC., the developer of AI privacy solution PrivacyPal. PrivacyPal AI runs in your web browser and protects your sensitive data when using ChatGPT, Claude, and any AI tool. No complex setup. No learning curve. Just install and stay private. The strategic tr ...