Auddia Inc. (AUUD)

[crudeoil24]

Very nice revenue generation > " Peter Shoebridge, Auddia's Chief Technology Officer, added, "We're pleased to be launching this first, initial version of the Auddia app and incredibly excited about where our audio content capabilities are heading. We have delivered on the core, fundamental capability of using Artificial Intelligence to create a compelling radio listening experience. We look forward to building on this by adding new channels, new sources of audio content, greater user control and a revolutionary new listening experience."

Launching Auddia, as opposed to a series of individual market apps, allows the Company to progressively advance the product by adding more stations, more audio content fill choices and more product features. Auddia is launching at a price point of $5.99/month. As increasing consumer value is delivered through more stations, content fill capabilities and additional app features, the Company anticipates escalating the subscription price over time to achieve a final target of $11.99/month.

About Auddia Inc.Auddia is reinventing how consumers engage with audio through the development of a proprietary AI platform for audio and innovative technologies for podcasts. Auddia offers two industry firsts -- the ability to listen to any AM/FM radio station with added personalized content and no commercials as well as podcasts with an interactive digital feed that supports deeper stories and delivers digital revenue to podcasters. Both offerings address large and rapidly growing audiences with strong purchase intent."

AUUD