Latest news with #DatavaultAI
Yahoo
6 days ago
- Business
- Yahoo
The Carbon Credit Tokenization Patent, issued Friday June 20th, Pioneers a Scalable, Stablecoin AI-Driven Blockchain Platform for Generating, Trading, and Monetizing Carbon Credits
Datavault AI, Inc. Receives Notice of Allowance for Nine Groundbreaking Patents Including Industry Standard Carbon Credit Tokenization and Acoustics Revenue from Licensing Web 3.0 Portfolio in Global Acoustics Market and Emerging Data Monetization Exchanges is Expected to Improve Datavault AI's 2025 Outlook NEW YORK, June 23, 2025--(BUSINESS WIRE)--Datavault AI, Inc. (NASDAQ: DVLT), a trailblazer in AI-driven blockchain, data monetization, and Web 3.0 solutions, continues its innovation leadership in the blockchain and data science sectors with the U.S. Patent and Trademark Office (USPTO) granting Notices of Allowance and issuances for nine groundbreaking patents, headlined by its industry-defining Carbon Credit Tokenization Patent (Appl. No. 17/874,069, Allowance: 6/20/2025). We believe these 2025 milestones cement Datavault AI's first-mover leadership in tokenization, acoustics, and financial automation. Datavault AI has engaged Fish and Richardson to lead the discussions with global banks infringement and licensing opportunities. Furthermore, the company selected Greenberg Traurig to support the licensing activities within the acoustic industry for its WiSA HD Wireless Transmission Technology. Revolutionizing Carbon Markets with Blockchain Tokenization The Carbon Credit Tokenization Patent pioneers a scalable stablecoin AI-driven blockchain platform for generating, trading, and monetizing carbon credits, and positions the Company with the $2.4 trillion global carbon market by 2030 (Bloomberg NEF). When integrated with the NYIAX Nasdaq financial framework, the technology behind this patent will enable transparent, secure, and compliant stablecoin-backed exchanges, which we expect will create a new asset class that redefines environmental and financial ecosystems. "This patent drives Datavault AI into the epicenter of the green economy," said Nathaniel T. Bradley, CEO. "Our blockchain-powered carbon credit platform, enhanced by NYIAX's Nasdaq-grade compliance, will deliver unmatched trust and scalability, and is expected to drive near-term revenue and long-term market leadership." Unrivaled IP Portfolio Fuels Web 3.0 Leadership Datavault AI's Q2 2025 USPTO achievements include nine patents that fortify its IP moat across tokenization, WiSA-branded audio processing, and financial automation, unlocking massive licensing and commercialization opportunities: Appl. No. 17/874,069 (Allowance: 6/20/2025) – Carbon Credit Tokenization: Scalable blockchain systems for secure, verifiable carbon credit trading. Appl. No. 17/704,905 (Allowance: 6/5/2025) – Tokenized Investment Information: Powers decentralized finance (DeFi) platforms for investor engagement. Appl. No. 17/101,807 (Allowance: 3/18/2025) – Inaudible Tones for Content: Proprietary WiSA audio watermarking for seamless content interaction. Appl. No. 18/196,924 (Allowance: 6/17/2025) – Audio Device Interoperability: Enhances WiSA protocol compatibility across IoT and consumer electronics. Appl. No. 18/222,337 & 18/196,383 (Allowances: 6/13/2025 & 6/9/2025) – Audio Timing and Synchronization: Advances WiSA synchronized audio playback for digital platforms. Appl. No. 18/196,319 (Allowance: 5/6/2025) – Concealing Un-Recoverable Audio Blocks: Ensures WiSA stream continuity in degraded environments. Appl. No. 17/507,459 (Issuance: 1/14/2025) – Tax Return Preparation Platform: Automates secure, AI-driven tax services. Appl. No. 17/842,088 (Issuance: 6/24/2025) – Tokenized Event Information: Monetizes event data via blockchain for Web 3.0 applications. We believe these patents will secure Datavault AI's leadership in Web 3.0, media technology, and enterprise licensing, anticipated to create high-margin, repeatable revenue streams. About Datavault AI, Inc. Datavault AI (Nasdaq: DVLT) is leading the way in AI experience, valuation and monetization of assets in the Web 3.0 environment. The company's cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Science and Data Science Divisions. Datavault AI's Acoustic Science Division features WiSA®, ADIO® and Sumerian® patented technologies and industry-first foundational spatial and multichannel wireless HD sound transmission technologies with IP covering audio timing, synchronization and multichannel interference cancellation. The Data Science Division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation and secure monetization. Datavault AI's agentic platform serves multiple industries through patented DataValue®, DataScore® and Data Vault Bank®, including HPC software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Information Data Exchange® (IDE) enables Digital Twins, licensing of name, image and likeness (NIL) by securely attaching physical, real-world objects to immutable metadata objects, fostering responsible AI with integrity. Datavault AI's technology suite is completely customizable and offers AI and Machine Learning (ML) automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring. The company is headquartered in Beaverton, OR. Learn more about Datavault AI at Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws. Words such as "expect," "will," "anticipates," "continues" and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements herein regarding our business opportunities and prospects, strategy, future revenue expectations, licensing initiatives, patent initiatives as well as the successful implementation of the patented technologies, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: our ability to successfully utilize all intellectual property that has been issued and granted Notices of Allowance; risks regarding our ability to utilize the assets we acquire to successfully grow our market share; risks regarding our ability to open up new revenue streams as a result of the various patents mentioned in this press release; our current liquidity position and the need to obtain additional financing to support ongoing operations; general market, economic and other conditions; our ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; our ability to manage costs and execute on our operational and budget plans; our ability to achieve our financial goals; the degree to which our licensees implement our technologies into their products, if at all; the timeline to any such implementation; risks related to technology innovation and intellectual property, and other risks as more fully described in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this communication based on new information, future events, or otherwise, except as required by law. View source version on Contacts Investors: Alliance Advisors Investor Relationsdatavaultinvestors@ Media Inquiries: Sonia Choi(844) DATA-400sonia@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
6 days ago
- Business
- Business Wire
The Carbon Credit Tokenization Patent, issued Friday June 20 th, Pioneers a Scalable, Stablecoin AI-Driven Blockchain Platform for Generating, Trading, and Monetizing Carbon Credits
NEW YORK--(BUSINESS WIRE)--Datavault AI, Inc. (NASDAQ: DVLT), a trailblazer in AI-driven blockchain, data monetization, and Web 3.0 solutions, continues its innovation leadership in the blockchain and data science sectors with the U.S. Patent and Trademark Office (USPTO) granting Notices of Allowance and issuances for nine groundbreaking patents, headlined by its industry-defining Carbon Credit Tokenization Patent (Appl. No. 17/874,069, Allowance: 6/20/2025). We believe these 2025 milestones cement Datavault AI's first-mover leadership in tokenization, acoustics, and financial automation. Datavault AI has engaged Fish and Richardson to lead the discussions with global banks infringement and licensing opportunities. Furthermore, the company selected Greenberg Traurig to support the licensing activities within the acoustic industry for its WiSA HD Wireless Transmission Technology. Revolutionizing Carbon Markets with Blockchain Tokenization The Carbon Credit Tokenization Patent pioneers a scalable stablecoin AI-driven blockchain platform for generating, trading, and monetizing carbon credits, and positions the Company with the $2.4 trillion global carbon market by 2030 (Bloomberg NEF). When integrated with the NYIAX Nasdaq financial framework, the technology behind this patent will enable transparent, secure, and compliant stablecoin-backed exchanges, which we expect will create a new asset class that redefines environmental and financial ecosystems. 'This patent drives Datavault AI into the epicenter of the green economy,' said Nathaniel T. Bradley, CEO. 'Our blockchain-powered carbon credit platform, enhanced by NYIAX's Nasdaq-grade compliance, will deliver unmatched trust and scalability, and is expected to drive near-term revenue and long-term market leadership.' Unrivaled IP Portfolio Fuels Web 3.0 Leadership Datavault AI's Q2 2025 USPTO achievements include nine patents that fortify its IP moat across tokenization, WiSA-branded audio processing, and financial automation, unlocking massive licensing and commercialization opportunities: Appl. No. 17/874,069 (Allowance: 6/20/2025) – Carbon Credit Tokenization: Scalable blockchain systems for secure, verifiable carbon credit trading. Appl. No. 17/704,905 (Allowance: 6/5/2025) – Tokenized Investment Information: Powers decentralized finance (DeFi) platforms for investor engagement. Appl. No. 17/101,807 (Allowance: 3/18/2025) – Inaudible Tones for Content: Proprietary WiSA audio watermarking for seamless content interaction. Appl. No. 18/196,924 (Allowance: 6/17/2025) – Audio Device Interoperability: Enhances WiSA protocol compatibility across IoT and consumer electronics. Appl. No. 18/222,337 & 18/196,383 (Allowances: 6/13/2025 & 6/9/2025) – Audio Timing and Synchronization: Advances WiSA synchronized audio playback for digital platforms. Appl. No. 18/196,319 (Allowance: 5/6/2025) – Concealing Un-Recoverable Audio Blocks: Ensures WiSA stream continuity in degraded environments. Appl. No. 17/507,459 (Issuance: 1/14/2025) – Tax Return Preparation Platform: Automates secure, AI-driven tax services. Appl. No. 17/842,088 (Issuance: 6/24/2025) – Tokenized Event Information: Monetizes event data via blockchain for Web 3.0 applications. We believe these patents will secure Datavault AI's leadership in Web 3.0, media technology, and enterprise licensing, anticipated to create high-margin, repeatable revenue streams. About Datavault AI, Inc. Datavault AI (Nasdaq: DVLT) is leading the way in AI experience, valuation and monetization of assets in the Web 3.0 environment. The company's cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Science and Data Science Divisions. Datavault AI's Acoustic Science Division features WiSA®, ADIO® and Sumerian® patented technologies and industry-first foundational spatial and multichannel wireless HD sound transmission technologies with IP covering audio timing, synchronization and multichannel interference cancellation. The Data Science Division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation and secure monetization. Datavault AI's agentic platform serves multiple industries through patented DataValue®, DataScore® and Data Vault Bank®, including HPC software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Information Data Exchange® (IDE) enables Digital Twins, licensing of name, image and likeness (NIL) by securely attaching physical, real-world objects to immutable metadata objects, fostering responsible AI with integrity. Datavault AI's technology suite is completely customizable and offers AI and Machine Learning (ML) automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring. The company is headquartered in Beaverton, OR. Learn more about Datavault AI at Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws. Words such as "expect," "will," "anticipates," "continues" and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements herein regarding our business opportunities and prospects, strategy, future revenue expectations, licensing initiatives, patent initiatives as well as the successful implementation of the patented technologies, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: our ability to successfully utilize all intellectual property that has been issued and granted Notices of Allowance; risks regarding our ability to utilize the assets we acquire to successfully grow our market share; risks regarding our ability to open up new revenue streams as a result of the various patents mentioned in this press release; our current liquidity position and the need to obtain additional financing to support ongoing operations; general market, economic and other conditions; our ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; our ability to manage costs and execute on our operational and budget plans; our ability to achieve our financial goals; the degree to which our licensees implement our technologies into their products, if at all; the timeline to any such implementation; risks related to technology innovation and intellectual property, and other risks as more fully described in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this communication based on new information, future events, or otherwise, except as required by law.
Business Wire
17-06-2025
- Business
- Business Wire
Datavault AI to Deploy AI-Driven Supercomputing for Biofuel Innovation
BEAVERTON, Ore.--(BUSINESS WIRE)--Datavault AI Inc. (Nasdaq: DVLT), leading the way in AI data experience, valuation and monetization, is poised to develop an AI-driven multi-modal machine learning system to support biofuel crop optimization. The initiative focuses on increasing fatty acid metabolism efficiency in Brassica napus (canola) using high-performance computational modeling, supporting the EPA's goal to replace up to 140,000 barrels of crude oil per day with biofuels. Aspects of this work will be facilitated with Datavault AI's research partners from the Computing and Data Sciences Directorate at the U.S. Department of Energy's Brookhaven National Laboratory. The project will combine expertise in comparative genomics, multi-omics data processing and evolutionary biology to refine metabolic pathways in Brassica napus. Datavault AI is providing project oversight and quality assurance, ensuring that computational models are structured, validated and scalable for biofuel producers. 'As investments in biofuels continue to scale, we are positioned to bridge the gap between research and market adoption, ensuring that biofuel innovations translate into real economic value. Additionally, digital twins and Web 3.0 enable new levels of collaboration, data indexing and perceptions, exponentially accelerating the pace of meaningful discovery,' said Nathaniel Bradley, CEO of Datavault AI. 'By applying computational validation and high-performance computing, we are accelerating the timeline for biofuel crop optimization and ensuring these breakthroughs move beyond the lab and into commercial adoption. Our approach to data monetization offers a fresh perspective on scientific sustainability and empowers human-driven discovery in the pursuit of cleaner earth resources.' With traditional biofuel crop optimization taking years, computational simulations provide a more efficient and precise approach to analyzing genetic modifications that enhance oil production. Datavault AI's high-performance computing infrastructure and Digital Twin models will be applied to process metabolic datasets, reducing the time required to develop commercially viable biofuel crop enhancements. "This collaboration is reinforcing Datavault AI's role in structuring data for commercialization within the renewable energy sector," stated Sonia Choi, Chief Marketing Officer at Datavault AI and Lead Principal Investigator for the project. "Brookhaven National Laboratory is providing a foundation for biofuel advancements, while our role is ensuring that these insights are structured for large-scale implementation.' For Datavault AI, this project represents a strategic foothold in a market poised for exponential growth as federal investments in biofuel research expand. Global biofuel demand is projected to increase by 38 billion liters between 2023 and 2028, a nearly 30% surge driven by biofuel policies and rising transport fuel demand. Additionally, biofuel capacity investments reached a decade high in 2022, with major renewable diesel refineries securing funding commitments exceeding $1.9 billion in North America alone. 1 By structuring data for commercialization, Datavault AI is positioned to play a critical role in the transition to high-performance computing-driven renewable energy solutions, unlocking potential revenue streams in both public and private sector energy markets. About Datavault AI Inc. Datavault AI 2 (Nasdaq: DVLT) is leading the way in AI experience, valuation and monetization of assets in the Web 3.0 environment. The company's cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Science and Data Science Divisions. Datavault AI's Acoustic Science Division features WiSA®, ADIO® and Sumerian® patented technologies and industry-first foundational spatial and multichannel wireless HD sound transmission technologies with IP covering audio timing, synchronization and multi-channel interference cancellation. The Data Science Division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation and secure monetization. Datavault AI's cloud-based platform provides comprehensive solutions serving multiple industries, including HPC software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Information Data Exchange® (IDE) enables Digital Twins, licensing of name, image and likeness (NIL) by securely attaching physical, real-world objects to immutable metadata objects, fostering responsible AI with integrity. Datavault AI's technology suite is completely customizable and offers AI and Machine Learning (ML) automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring. The company is headquartered in Beaverton, OR. Learn more about Datavault AI at Forward Looking Statements Disclaimer This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws. Words such as 'expect,' 'will,' 'anticipates,' 'estimates' and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements herein regarding our business opportunities and prospects, strategy, future revenue expectations, licensing initiatives, recent funding and M&A activities as well as our plans to integrate acquired businesses and technologies, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: the risk that we are unable to satisfy all closing conditions in connection with the senior notes issuance described above, and the acquisition of certain assets from CSI; our ability to successfully integrate all IP that we have acquired; risks regarding our ability to utilize the assets we acquire to successfully grow our market share; risks regarding our ability to open up new revenue streams as a result of the various agreements we have entered into and assets we have acquired; our current liquidity position and the need to obtain additional financing to support ongoing operations; general market, economic and other conditions; our ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; our ability to manage costs and execute on our operational and budget plans; our ability to achieve our financial goals; the degree to which our licensees implement the licensed technology into their products, if at all; the timeline to any such implementation; risks related to technology innovation and intellectual property, and other risks as more fully described in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this communication based on new information, future events, or otherwise, except as required by law.
Yahoo
17-06-2025
- Business
- Yahoo
Datavault AI to Deploy AI-Driven Supercomputing for Biofuel Innovation
Computational Modeling and High Performance Computing (HPC) to Optimize Biofuel Digital Twins and Support U.S. Energy Independence BEAVERTON, Ore., June 17, 2025--(BUSINESS WIRE)--Datavault AI Inc. (Nasdaq: DVLT), leading the way in AI data experience, valuation and monetization, is poised to develop an AI-driven multi-modal machine learning system to support biofuel crop optimization. The initiative focuses on increasing fatty acid metabolism efficiency in Brassica napus (canola) using high-performance computational modeling, supporting the EPA's goal to replace up to 140,000 barrels of crude oil per day with biofuels. Aspects of this work will be facilitated with Datavault AI's research partners from the Computing and Data Sciences Directorate at the U.S. Department of Energy's Brookhaven National Laboratory. The project will combine expertise in comparative genomics, multi-omics data processing and evolutionary biology to refine metabolic pathways in Brassica napus. Datavault AI is providing project oversight and quality assurance, ensuring that computational models are structured, validated and scalable for biofuel producers. "As investments in biofuels continue to scale, we are positioned to bridge the gap between research and market adoption, ensuring that biofuel innovations translate into real economic value. Additionally, digital twins and Web 3.0 enable new levels of collaboration, data indexing and perceptions, exponentially accelerating the pace of meaningful discovery," said Nathaniel Bradley, CEO of Datavault AI. "By applying computational validation and high-performance computing, we are accelerating the timeline for biofuel crop optimization and ensuring these breakthroughs move beyond the lab and into commercial adoption. Our approach to data monetization offers a fresh perspective on scientific sustainability and empowers human-driven discovery in the pursuit of cleaner earth resources." With traditional biofuel crop optimization taking years, computational simulations provide a more efficient and precise approach to analyzing genetic modifications that enhance oil production. Datavault AI's high-performance computing infrastructure and Digital Twin models will be applied to process metabolic datasets, reducing the time required to develop commercially viable biofuel crop enhancements. "This collaboration is reinforcing Datavault AI's role in structuring data for commercialization within the renewable energy sector," stated Sonia Choi, Chief Marketing Officer at Datavault AI and Lead Principal Investigator for the project. "Brookhaven National Laboratory is providing a foundation for biofuel advancements, while our role is ensuring that these insights are structured for large-scale implementation." For Datavault AI, this project represents a strategic foothold in a market poised for exponential growth as federal investments in biofuel research expand. Global biofuel demand is projected to increase by 38 billion liters between 2023 and 2028, a nearly 30% surge driven by biofuel policies and rising transport fuel demand. Additionally, biofuel capacity investments reached a decade high in 2022, with major renewable diesel refineries securing funding commitments exceeding $1.9 billion in North America alone.1 By structuring data for commercialization, Datavault AI is positioned to play a critical role in the transition to high-performance computing-driven renewable energy solutions, unlocking potential revenue streams in both public and private sector energy markets. About Datavault AI Inc. Datavault AI2 (Nasdaq: DVLT) is leading the way in AI experience, valuation and monetization of assets in the Web 3.0 environment. The company's cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Science and Data Science Divisions. Datavault AI's Acoustic Science Division features WiSA®, ADIO® and Sumerian® patented technologies and industry-first foundational spatial and multichannel wireless HD sound transmission technologies with IP covering audio timing, synchronization and multi-channel interference cancellation. The Data Science Division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation and secure monetization. Datavault AI's cloud-based platform provides comprehensive solutions serving multiple industries, including HPC software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Information Data Exchange® (IDE) enables Digital Twins, licensing of name, image and likeness (NIL) by securely attaching physical, real-world objects to immutable metadata objects, fostering responsible AI with integrity. Datavault AI's technology suite is completely customizable and offers AI and Machine Learning (ML) automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring. The company is headquartered in Beaverton, OR. Learn more about Datavault AI at Forward Looking Statements Disclaimer This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws. Words such as "expect," "will," "anticipates," "estimates" and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements herein regarding our business opportunities and prospects, strategy, future revenue expectations, licensing initiatives, recent funding and M&A activities as well as our plans to integrate acquired businesses and technologies, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: the risk that we are unable to satisfy all closing conditions in connection with the senior notes issuance described above, and the acquisition of certain assets from CSI; our ability to successfully integrate all IP that we have acquired; risks regarding our ability to utilize the assets we acquire to successfully grow our market share; risks regarding our ability to open up new revenue streams as a result of the various agreements we have entered into and assets we have acquired; our current liquidity position and the need to obtain additional financing to support ongoing operations; general market, economic and other conditions; our ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; our ability to manage costs and execute on our operational and budget plans; our ability to achieve our financial goals; the degree to which our licensees implement the licensed technology into their products, if at all; the timeline to any such implementation; risks related to technology innovation and intellectual property, and other risks as more fully described in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this communication based on new information, future events, or otherwise, except as required by law. __________________________ 1 IEA: 2 Formerly known as WiSA Technologies, Inc. View source version on Contacts Investors: David Barnard, Alliance Advisors Investor Relations(415) 433-3777datavaultinvestors@ Media Inquiries:Sonia Choi(844) DATA-400sonia@ Sign in to access your portfolio
Associated Press
16-06-2025
- Business
- Associated Press
RYVYL Appoints Industry Veteran Brett Moyer to Its Board of Directors
SAN DIEGO, CA, June 16, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ('RYVYL' or the 'Company'), a leading innovator of payment transaction solutions leveraging electronic payment technology, has appointed industry veteran Brett Moyer as an independent member of its board of directors, effective immediately. 'I'm delighted to welcome Brett Moyer to our board,' said RYVYL Co-founder and Chairman Ben Errez. 'Brett's experience in building companies and proven expertise in scaling and licensing technology platforms will be instrumental as we focus on our next phase of growth opportunities. We look forward to his insights and leadership as we continue advancing our technology and expanding into new markets.' Moyer said, 'I'm excited to join the RYVYL board during this transitional phase in the company's history. I look forward to collaborating with my fellow directors and the management team to help shape strategy and support execution as the company pursues multiple growth opportunities in a dynamic industry, including pursuing a legacy vertical market in North America and expanding its blockchain applications and crypto capabilities.' Brett Moyer is currently chief financial officer of Datavault AI, a leader in AI-driven data experience, valuation and monetization. He was founding member of WiSA Technologies and served as president, CEO, and director from August 2010 until December 2024, when the company acquired Data Vault Holdings' assets and expanded its operations as Datavault AI. Previously, he was president and CEO of Focus Enhancements and held leadership roles at Zenith Electronics earlier in his career. Mr. Moyer has served on the boards of Alliant International University since 2016 and previously for HotChalk, Inc. and NeoMagic Corporation. He holds a BA in Economics from Beloit College and an MBA from Thunderbird School of Global Management. On June 10, 2025, David Montoya resigned from his position on the board of directors. The total number of directors remains at five. About RYVYL RYVYL Inc. (NASDAQ: RVYL) was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business, and peer-to-peer payment transactions around the globe. By leveraging electronic payment technology for diverse international markets, RYVYL is a leading innovator of payment transaction solutions reinventing the future of financial transactions. Since its founding as GreenBox POS in 2017 in San Diego, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection, and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants, and consumers around the globe. Cautionary Note Regarding Forward-Looking Statements This press release includes information that constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on the Company's current beliefs, assumptions and expectations regarding future events, which in turn are based on information currently available to the Company. Such forward-looking statements include statements that are characterized by future or conditional words such as 'may,' 'will,' 'expect,' 'intend,' 'anticipate,' 'believe,' 'estimate' and 'continue' or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information. By their nature, forward-looking statements address matters that are subject to risks and uncertainties. A variety of factors could cause actual events and results to differ materially from those expressed in or contemplated by the forward-looking statements. Risk factors affecting the Company are discussed in detail in the Company's filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable laws. IR Contact: David Barnard, Alliance Advisors Investor Relations, 415-433-3777, [email protected]
