CloudCommerce Becomes AiAdvertising with New Stock Symbol AIAD
August 6, 2021
The Company’s new corporate name better describes its focus on using artificial intelligence (AI) to eliminate waste in advertising
SAN ANTONIO, Aug. 06, 2021 (GLOBE NEWSWIRE) — AiAdvertising, Inc. (AIAD) (formerly CloudCommerce, Inc. / CLWD), a technology driven provider of digital advertising solutions, today announced that the Company has changed its name to AiAdvertising, Inc. and will trade under the new stock symbol AIAD. The new corporate name better describes the Company’s focus on using artificial intelligence (AI) to eliminate waste in advertising.
“With our increased focus on artificial intelligence, we believe that AiAdvertising is a more appropriate name for our public company,” said Andrew Van Noy, CEO of CloudCommerce. “Also, we were fortunate to be granted the stock symbol AIAD. Combining AI with AD makes it clear to Wall Street that we are all about artificial intelligence and advertising.”
Van Noy concluded, “Changing our corporate name also represents our continuing commitment to develop our flagship solution into a cloud hosted software platform that will harness the power of artificial intelligence, machine learning, and predictive algorithms to eliminate the inefficiencies, waste and guesswork that is inherent and accepted in today’s data driven digital marketing campaigns.”
AiAdvertising, Inc. (AIAD) is an advertising technology company offering innovative solutions through the use of artificial intelligence (AI), machine learning (ML), and data science. Its flagship solution, the Campaign Performance Platform, is the digital ad industry’s first cloud-hosted ad management platform that leverages AI, enabling marketers to eliminate waste, predict winning creative, dynamically scale creative, generate more leads, acquire more customers, and increase ROI. For more information about the Company, please visit www.AiAdvertising.com or our LinkedIn or Twitter pages.
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