\nDeo assumes engineering leadership of the Acoustic Sciences Division, the Datavault AI business that develops the Company\u2019s ADIO\u00ae, WiSA\u00ae, Event Citadel\u2122, and API Media technologies for spatial audio, data-over-sound signaling, and live-event systems. He has served as Vice President of New Media Technology at API Media, where he led product engineering for the ADIO platform, and reports to David Reese, President of the Acoustic Sciences Division.<\/p>\n
\nThe appointment builds out the leadership of the division that Datavault AI is evaluating for a potential dividend spin-out into a stand-alone public company, as the Company disclosed on May 7, 2026<\/a>. As stated in that disclosure, the proposed transaction remains subject to approval by the Company\u2019s board of directors, a definitive agreement, satisfaction of closing conditions, and any regulatory approvals that may be required.<\/p>\n \nIn the role, Deo\u2019s mandate is to unify the division\u2019s engineering stack across its acquired operations, expand the use of AI-assisted development tools, and standardize engineering processes across teams. Objectives include the simplification of underlying architecture and the lowering of operating costs as the division scales.<\/p>\n \nDeo has more than 30 years of experience building large-scale media, data, and platform technologies. He has held senior engineering and product leadership roles at Imagine Communications, 605 (an iSpot company), Cadent, Johnson & Johnson, and Comcast, and is a Technical Emmy Award winner and inventor on 31 issued U.S. and international patents<\/a>.<\/p>\n \n\u201cThis division has real technology and real deployments behind it, and my job is to make the engineering faster and cleaner,\u201d said Frank Deo, Chief Technology Officer of Datavault AI\u2019s Acoustic Sciences Division. \u201cThat means one engineering stack instead of four, AI-assisted tooling on the repetitive build work, shared processes across every team and an architecture designed to scale efficiently as the division grows.\u201d<\/p>\n \n\u201cBringing these teams under one technical vision is how we turn four strong companies into one platform,\u201d said David Reese, President of Datavault AI\u2019s Acoustic Sciences Division. \u201cFrank has done this before at scale. What we are after is greater collaboration across the IT teams in every entity in the division, and a faster path from idea to product.\u201d<\/p>\n \n\u201cFrank is exactly the kind of builder we want leading this platform as it grows,\u201d said Nathaniel T. Bradley<\/a>, CEO of Datavault AI. \u201cStrong technology and strong leadership are what make a platform durable, and Frank strengthens both.\u201d<\/p>\n About Datavault AI<\/b><\/p>\n \nDatavault AI\u2122 (NASDAQ: DVLT) is a Philadelphia-based artificial intelligence and data infrastructure company building enterprise-grade computing platforms for high-performance data processing, edge GPU deployment, and quantum-ready network architectures. The Company\u2019s quantum-ready edge GPU fleet, running on Available Infrastructure\u2019s SanQtum AI platform, delivers distributed GPU infrastructure across U.S. metropolitan markets, supporting AI inference workloads, real-time data analytics, and secure enterprise computing for customers across financial services, sports, media, and life sciences.<\/p>\n \nThrough its Acoustic Sciences and Data Science divisions, Datavault AI develops patented technologies and applications, including WiSA\u00ae, ADIO\u00ae, and Sumerian\u00ae acoustic infrastructure and a portfolio of data-licensing and analytics solutions. The Company also operates platforms supporting digital asset licensing and data-monetization workflows for enterprise clients.<\/p>\n \nDatavault AI is headquartered in Philadelphia, PA. Visit www.dvlt.ai<\/a>, investor information at ir.datavaultsite.com<\/a>, and technology news and insights at dvlt.ai\/insights<\/a>.<\/p>\n Forward-Looking Statements<\/b><\/p>\n \nThis press release contains \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, without limitation, statements regarding the expected benefits of the appointment described in this press release, including the unification of the Acoustic Sciences Division\u2019s engineering stack across its acquired operations, the expanded use of AI-assisted development tools, the standardization of engineering processes across teams, and the simplification of the division\u2019s underlying architecture and any associated reduction in operating cost; the Company\u2019s expectations regarding the pace of engineering delivery within the division; and the Company\u2019s previously disclosed evaluation of a potential dividend spin-out of its Acoustic Sciences Division into a stand-alone public company and a related NASDAQ listing.<\/p>\n \nIn some cases, you can identify forward-looking statements because they contain words such as \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cexpects,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201canticipates,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201cprojects,\u201d \u201cpotential,\u201d or \u201ccontinue,\u201d or the negative of these terms or other comparable terminology. The absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain.<\/p>\n \nActual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties, including, without limitation: that the expected engineering, operational, and cost benefits of the appointment may not be realized or may take longer to realize than anticipated; that unification of the division\u2019s engineering stack may prove more complex, more costly, or slower than currently expected; that the expanded use of AI-assisted development tools may not produce the efficiencies management anticipates; the risk that the Company\u2019s board of directors may ultimately determine not to proceed with the previously disclosed potential spin-out; the failure to negotiate, finalize, and execute a definitive transaction agreement; the inability to satisfy the conditions to the closing of any such transaction on the anticipated schedule or at all; the failure to obtain any necessary regulatory approvals, clearances, or NASDAQ listing approval for the new entity; the risk of losing key engineering personnel during a period of organizational change; and other risks and uncertainties as more fully described in the Company\u2019s filings with the U.S. Securities and Exchange Commission (the \u201cSEC\u201d), including its Annual Report on Form 10-K for the year ended December 31, 2025, and other filings the Company makes from time to time with the SEC, which are available on the SEC\u2019s website at www.sec.gov<\/a>.<\/p>\n \nReaders are cautioned not to place undue reliance on these and other forward-looking statements contained herein. The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Datavault AI undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.<\/p>\n Industry and Market Data<\/b><\/p>\n \nWithin this press release, we reference information and statistics obtained from independent third-party sources, including published announcements by other companies. While we believe such information is reliable, we have not independently verified any third-party information. As a result, you should be aware that third-party data included in this press release, and estimates and beliefs based on that data, may not be reliable.<\/p>\n Trademarks<\/b><\/p>\n \nDatavault AI\u2122, WiSA\u00ae, ADIO\u00ae, Sumerian\u00ae, and Event Citadel\u2122 are trademarks or registered trademarks of Datavault AI Inc. or its affiliates. This press release also contains trademarks, trade names, and service marks of other companies, including Technical Emmy (The National Academy of Television Arts & Sciences), which are, to our knowledge, the property of their respective owners. Solely for convenience, certain trademarks, trade names, and service marks referred to in this press release may appear without the \u00a9, \u00ae, and \u2122 symbols, but such references are not intended to indicate that we will not assert, to the fullest extent under applicable law, our rights or the rights of the applicable licensors to these marks. We do not intend our use or display of other parties\u2019 trademarks to imply a relationship with, or endorsement or sponsorship of us by, these other parties.<\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260724554751\/en\/<\/a><\/span><\/p>\n Media Contact: Investor Contact: KEYWORDS:<\/b> Pennsylvania United States North America<\/p>\n INDUSTRY KEYWORDS:<\/b> Technology Security Audio\/Video Digital Cash Management\/Digital Assets Software Networks Internet Data Management Artificial Intelligence<\/p>\n<\/p>\n
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marketing@dvlt.ai
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Edward Barger
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VP, Investor Relations
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ebarger@dvlt.ai<\/a> | ir@dvlt.ai<\/a><\/p>\n
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