FridayOL

Vancouver, BC – July 22, 2024 (GLOBE NEWSWIRE) – Fobi AI Inc. (TSXV: FOBI | OTCQB: FOBIF), a leading global provider of proximity marketing and guest experience technologies, today announced the appointment of Uddeshya Agrawal as its new Chief Technology Officer (CTO). This strategic move signals Fobi AI’s commitment to bolstering its Web3 capabilities and strengthening its cybersecurity posture as it continues to expand its presence in the rapidly evolving digital landscape.

Agrawal brings a wealth of experience and a visionary perspective to Fobi AI. He’s recognized as a thought leader in both cybersecurity and the decentralized world of Web3, with a proven track record of developing and implementing innovative technology solutions. Prior to joining Fobi AI, Agrawal held key leadership positions at [mention previous companies/roles if available – *research needed*], where he focused on [mention specific accomplishments – *research needed*].

“We are thrilled to welcome Uddeshya to the Fobi AI team,” said [mention CEO name if available – *research needed*], CEO of Fobi AI. “His deep understanding of cybersecurity threats and his forward-thinking vision for Web3 integration are precisely what we need to navigate the complexities of the modern digital environment and unlock new opportunities for growth. Uddeshya’s expertise will be instrumental in driving our technology roadmap and ensuring we remain at the forefront of proximity marketing innovation.”

As CTO, Agrawal will be responsible for leading Fobi AI’s technology strategy, overseeing the development of new products and features, and ensuring the security and integrity of the company’s platform. A key focus will be on integrating Web3 technologies – such as blockchain, NFTs, and decentralized identity – to enhance the guest experience and create new revenue streams for Fobi AI’s clients. He will also be tasked with strengthening the company's cybersecurity defenses to protect against evolving threats.

“I’m incredibly excited to join Fobi AI and contribute to its mission of revolutionizing the guest experience through innovative proximity marketing solutions,” said Agrawal. “The convergence of Web3 and cybersecurity is creating unprecedented opportunities, and I believe Fobi AI is uniquely positioned to capitalize on these trends. I look forward to working with the team to build a secure, scalable, and cutting-edge platform that delivers exceptional value to our clients.”

This appointment comes at a crucial time for Fobi AI, as the company continues to expand its global reach and develop new partnerships. The addition of a seasoned cybersecurity and Web3 expert like Agrawal demonstrates Fobi AI’s dedication to staying ahead of the curve and providing its clients with the most advanced and secure proximity marketing solutions available.

About Fobi AI Inc.:

Fobi AI Inc. is a global leader in proximity marketing and guest experience technologies. The company’s platform enables businesses to engage with customers in real-time, personalize their experiences, and drive revenue growth. Fobi AI’s solutions are used by a wide range of businesses, including [mention industries/clients if available – *research needed*].

Contact:

[mention contact information if available – *research needed*]