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Vocodia Provides Corporate Update and Strategic Path Forward Page 1

Vocodia Provides Corporate Update and Strategic Path Forward Page 1

BOCA RATON, Fla., Sept. 11, 2024 (GLOBE NEWSWIRE) — Vocodia Holdings Corp. (OTC: VHAI) (the “Company”), a pioneering AI software company specializing in practical AI solutions, is pleased to provide shareholders with an update on recent progress and outline the Company’s strategic path forward. As we continue to execute on our long-term growth plan, we are excited about the numerous opportunities ahead, including our goal to secure a NASDAQ listing.

Financial highlights and operational efficiency
Over the past few months, Vocodia has successfully improved its financial health through strategic cost management and careful resource allocation. By reducing our monthly cash burn rate from over $1 million to less than $300,000, we have optimized our operations to ensure a sustainable future. This financial streamlining better positions us to navigate our growth phase while maintaining strong operational efficiency.